By Robert T. Kiyosaki

You’re by no means too younger to benefit the language of money… and the teachings that wealthy dad taught Robert. love it or no longer, cash is part of our daily lives and the extra we are aware of it, the higher the opportunity that we will learn how to have our funds work flat out for us—instead of operating tough for cash all our lives. That begins with studying the language of money.

This publication, made out of the overseas bestseller wealthy Dad negative Dad, stocks Robert’s inspiring individual tale yet teaches the way to make shrewdpermanent offerings. choked with immediately speak, sidebars, and quizzes, this ebook will jumpstart a child’s own and fiscal luck through instructing: how you can converse the language of cash, how you can earn cash give you the results you want, counsel for achievement (including: “Work to benefit, to not earn.”), and why video games might be useful comprehend funds, making an investment, and how one can decide upon your most sensible route to monetary freedom.

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Extra info for Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School!

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E. when the contract expires. ᭤ See also Back Month, Futures, Premium. Contrarian Someone who moves or acts in the opposite direction to the general trend. A contrarian investor buys stock when the rest of the market is selling. Convergence The process by which a futures price moves toward the price of the underlying instrument as expiry approaches. Also, the movement of interest rates in applicant countries towards those prevailing in the currency bloc which they are aspiring to join. This is a new factor in the market trading of the countries that want to join the Eurozone.

Bundesbank The Bundesbank, or Buba as it is sometimes known, is the Frankfurt-based German central bank. de ■ ᭤ See also Central Bank. Bundesobligationen (BOBL) German federal government notes with maturities between two and six years, also known as Kassen. Effectively replaced by Schätze in 1988. Bunds German federal government bonds issued with maturities of up to 30 years. ᭤ See also Bond. Bunny Bond ᭤ See Multiplier Bond. Burn Rate ᭤ See Cash Burn. Bushel A measure of volume. 4 litres for corn, fruit, liquids, etc.

This is a short-term unsecured promissory note that is issued for a specified amount and matures on a specified date. CP is a negotiable instrument, typically in bearer form. CP, like CDs (Certificates of Deposit), are a means of raising working capital. In terms of funding costs, the issue of one or another should make no difference since both will produce comparable yields. However, CP tends to be issued with maturities of 30 days or less, to avoid competing with the CD market. ᭤ See also Bearer Shares/Bearer Bonds,CD.

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