Different Levels Of Investors

[Dale Osborn]

As investors you have to decide at what level you are and make adjustments to get to where you want to be. Following are different levels of investors I read in a book by Robert Kiyosaki:

1. Zero financial level.
2. Savers are losers.
3. I'm too busy so I will give it to the expert to invest for me.
4. I'm a professional - I will control my own money.
5. The Capitalist - Invests using other people's money (OPM).

Just looking at these levels - it does not look good if you fall in the first three. If you want to make some money, in my opinion, you need to be in the top 2 levels.

[Nathan Emmert]

All 5 would make money, but the amount of money would vary, as would the time commitment. What's the issue with that?

Everyone's circumstances are different. Some make a great salary in their real job and use this for retirement. Some have lots of other time commitments and value time over money. Some lack the skills to do certain things but have realized some percentage of a return is better than 100% of no return.

For me, I'm happy at 15+% CoC returns... some want a minimum of 20%. Some don't care about CoC, it's all ROI. I don't have an exit strategy, I am buy and hold forever... others have specific plans to sell. I will self manage for a while to understand the work but will eventually outsource it. Being a PM won't replace my $100/hr job any time soon and I do value my time with family enough to sacrifice some return. I invest my own money because that's what I know but may mature into other sources over time.

Not sure the point of your post.. your last comment just sounded a bit demeaning. Everyone has their own goals, their own style, and can be successful following any 1 of those 5 paths.