Making Ringgit and Sense

Just a thought, the famous author Robert Kiyosaki once said, that knowing to differentiate Assets and Liability is more important than the knowledge of requiring Assets.Most of the working class today are in the hunt of better jobs with better pay,either subconsciously knowing or not that the expenditure of the income has more bearings on the outcome of their financial planning.In my opinion, the income of a man/woman should go back to generate more income,which is unrelated to the original source of income.It's investment that counts.Back to the topic of differentiating Asset and Liability, here's where it gets cloudy,sort of a grey area,there is a huge difference when the investment is invested in Asset and in the category of Liability.
Most sound investors look at a market,which gives higher return as Asset and that which is lower as a Liabilty,such as investing the property market seems will give better return either through Capital Appreciation or Rental Returns compared to in Automobiles,whose prices drop almost 25% the moment you drive out of the dealer.Having said that, the trick of making dollar is best defined by the phrase "Making Dollar and sense" , it is best that investment is followed by real calm judgement and common sense.The rush of gold buyers in the Geneva Cold issue is one bad one.Even in the ever increasing property prices in Malaysia, there is still a unknown risk tied with the prospect of having the bubble burst some day.It has happened in the US and also in Spain, it could happen to us anytime,but for now,it seems a much safer option.So,coming to think about it,making money is not only finding ways of earning or generating income from another source, it is also best accompanied with a man's sense of knowing,what is an Asset and Liabilty, finding the right way of investing and at the right time.All said and done,there will always be risks in life, and in investing, but hey,you cant expect big returns without big risks,right?