How to evaluate an investment -- seven questions to ask

When you're considering an investment, here are the seven questions you need to ask. Get all the answers, consider them, and then make a decision.

1. What is my time and money investment? (Not "how much does it cost?")

2. What is the return on my investment? Is the gain sufficient?

3. What are all the upsides of this investment?

4. What are all the downsides?

5. What is the best case scenario?

6. What is the worst case scenario?

7. Can I handle the worst case scenario?

Here's a video from the Famous Robert Kiyosaki on his prediction this year.

'The problem about education is that it teaches people to be a good employee, not a good employer.'

'Do you think your plan of finding a job and investing at least 20k a year will put you in the category of the 10% investors that make 90% of the money?'