I will be introducing some books which I have read and it influences me to my current investment philosophy. So this is the first book which I believe quite a number of you have read. Rich Dad Poor Dad.
Rich Dad, Poor Dad taught me about (1) passive and (2) recurring income. Firstly, it has to be passive i.e. you don't have to work hard for money. Even though I still have a day job (my wife is working too.) which is able to feed my family, it is a dream to have recurring income which is able to supplement my household expenses. Some of you may ask whether I am going to business. Honestly, I don't think I am ready for that yet. But at least I am able to invest and generate a steady stream of income from here. However, it needs a large sum of capital.
If you have not read it, it is a good book to start to get you thinking and be passionate about taking control of your financial security. If you wish to buy this book from Amazon, the link can be found in the sidebar.
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