Robert’s main contribution was writing “rich dad, poor dad” which introduced a bunch of people including myself to the importance of financial literacy, buying assets to pay for liabilities. Everything that came after was unnecessary noise.
@@Jake-pf4kvlol you desperate for some other logic to keep playing out illogically forever? Your whole life has been a compounding messss in the US…And I’m a true patriot.
To be fair.. It basically did, the gov is just printing money every time it gets close to cover the loss. That's basically like depositing money into a lending pool for it to be collateral so you can borrow against it and every time it's term is about to expire and you're about to be liquidated, the creator of the token just mints out more token to avoid that..lol Btw.. If you look at the dollar bill.. It litterally says.. "This note is legal tender for all debts." ..think about it and ask yourself why crypto exist.
Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 127k to a decent 532k... I'm especially grateful to Flora Elkin, whose deep expertise and trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Flora's insights. It's akin to finding a diamond in a coal mine.
Absolutely love it!! The journey is not always easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to attain that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope.
Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor. I partner with Olivià CharIotte OswaId.
For people saying Robert Kiyosaki is wrong, a lot of what he is saying about the dollar is actually correct. The US has $34 trillion in debt and rising at $1 trillion a quarter. It is unsustainable. Buyers have already started pulling back on treasury auctions because they are unsure how the US will pay the debt back. The world is starting to lose faith in the US currency, and BRICs is on the rise.
Rob is venerable and should be respected but he does tend to ramble. Love the live in person format! Been with you since kitco David love watching the progression.
Ugh, ridiculous 🤦🏽♂️ how do you say oil prices changed due to keystone, it never was to begin with, how does it move metrics when it never performed 🤦🏽♂️🤦🏽♂️🤦🏽♂️
I never bought into the Rich Dad Poor dad craze and watching this video today, I am just not very impressed. Good for Mr. Kiyosaki tho for making himself quite a fortune.
Hi David, love your channel and content, top shelf. Do you think we are heading into a recession in the coming months and a subsequent large S&P drawdown from these all time highs? eg, a 50% drop. Would appreciate your thoughts.
Jim Rogers not only a true gentleman but his method is basically waiting for crashes then entering at max fear. He has a great track record of success doing this. Easy to knock him during crack up boom (current situation) when we're going through max FOMO and zoomers thinking this is normal.
Hi David, Love the show and love Robert. I think it’s hard to get a straight answer from him but next time I would like to know what Robert’s succession plan is? He is in the last 20 years of his life, maybe? He has no children he has a wife, I think (separated?). What is the plan for his wealth? What is he doing with the legacy money? Cheers
A convergence of troubling factors looms ominously over the United States. From soaring inflation rates to potential bank collapses, severe droughts in the agricultural heartland, a looming recession, shortages ranging from food supplies to essential commodities like diesel fuel, heating oil, baby formula, and even available automobiles, alongside escalating living costs-all these elements seem to be aligning, painting a grim picture that could potentially culminate in a significant disaster by year-end, or even sooner.
With inflation currently hovering around 6%, my paramount concern revolves around optimizing my stagnant retirement fund of approximately $300k, which has seen minimal to no growth for an extended period. The urgency lies in finding strategies to safeguard and maximize these funds in the face of the impending economic challenges.
Stay in the market and sell only if you need those funds. I got laid off and it has been difficult getting another source of income, glad I was investing when I did and of course with guidance from a wealth manager don’t listen to naysayers. I am making bank and the penalties for drawing from 401k to reinvest are nothing compared to the amount of wealth I am now facing with my family.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Stacie Lynn Winson‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Great to see Bob at VRIC in Vancouver...that guy walks/talks the KISS principle. Lots of wisdom/truth that Wall St. types just can't grasp. Awesome rapport/interview Dave!
I’ve been buying 2 1 ounce silver buffalo rounds every week when I get paid. Any tips on what else I can do to out my self in a better spot for the future. I a mechanic and eventually want to own a business and have a few properties with tenants
Hi David, What an incredible interview you conducted with Robert Kiyosaki! I've always felt a certain frustration after watching other interviews wiht Robert in the past, simply because those interviewers couldn't ask pinpoint questions like you did here. My understanding of what Robert is doing is much clearer now. Thank you so much for the fantastic interview!
He made all his money off his books and seminars. There is no evidence that there was a rich dad. "Prior to his 1997 publication of Rich Dad, Poor Dad, Robert Kiyosaki never had any documentation of the wealth he supposedly amassed (Forbes) There really wasn’t a rich dad, even though his book specifically claims there was one (Smart Money Magazine, February 2003)"
90% of People in Vietnam own a home. Most gen z people in the US know they will never own a home. In fact they cannot even afford to rent. But end stage capitalism is great 😂😂😂
how many crash he forcast the last jears ? a old man that will with die all his money ,keep it keep it . more more . shut the nighbor ,save your wealth . very very sad!
He is a broken record, he never even wrote that book himself, he throws pessimism on every channel for the past 15 years knowing that fear sells well.... invite guests that have a proven track record, go investigate his financial assets
@@InfuzeDcyphR More prices controlled by a private legal society. Are y’all expecting a legal society that wants to maintain control over people to allow a way out of their control with a proper price of gold or any other commodities ?
If the dollar is broken, whats going to replace it? There is not enough gold in the world. There is not enough commoditys a person can buy. If everything crashes how are you going to buy a loaf a bread. Bitcoin,gold,silver? We can only diversify.
The chemistry between you and Robert is insame,🔥.. He obviously took a liking to you and you jelled and clicked so well, it nothing i have ever seen before...🎉🎉 I was glued to thr screen, it was insightful, entertaining.. Bravo👏👏 10/10
The U.S.Dollars ain’t dying that his belief but money is needed in a daily living to pay those bussinesses,His Just saying that because he collects gold and silver nothing will change money is money that runs in the country of United States ether cash or credit cards that’s it
I'm still relatively new to trading and understanding the markets. What I have learned is that most of the guests on shows are wrong with their predictions, but I continue to watch guys like Robert, Harry Dent; Soloway for their free comedy entertaiment....they clueless!!
If you really listen to him this makes sense, the information or technology world is bringing new ideals into the market world. This is the same with money
And as far as Robert goes, some of the books were decent in content, but the main logic of getting rich on someone else’s money is the dumbest form of “getting rich”, unless you want to live in debt all your life. And the borrower is slave to the lender.
I guess based on the video title we should buy China. Their stock market and real estate market are booming right. Not. If not careful could cause global deflation.
I wonder to whom he will leave his riches? He has no kids..It is just sad with those rich people. I hope he/ they give it all to people that need money. Even if it is $100K at a time
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Finding financial advisors like'Aileen Gertrude Tippy' who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Robert’s main contribution was writing “rich dad, poor dad” which introduced a bunch of people including myself to the importance of financial literacy, buying assets to pay for liabilities. Everything that came after was unnecessary noise.
Dangerous game to play
But he made a lot of money with a lot of nonsense.
@@CAL-zq3dk idk if you should call 1,2 billions of debt money.
Best explanation of him that I've heard!
YOU OBVIOUSLY Haven't READ ALL HIS BOOKS LIKE YOU SHULDVE..
CLUELESS😊
This was a brutal interview.
None of questions Robert answered.he just rambles off.
He's an impossible listen.
David is doing a great job exposing these scam gurus 👍🏼
Why you think so Jason? You can say shortly your opinion?? Thank you for the answer 🙏
they always try to appeal to the poorly educated!!!!!
What's the scam? He says we should get bitcoin and get out of Bitcoin, sounds like great advice.
I listened to this all the way through but I didn't hear the sales pitch. Where's the scam?
@@Jake-pf4kvlol you desperate for some other logic to keep playing out illogically forever? Your whole life has been a compounding messss in the US…And I’m a true patriot.
According to Kiyosaki, US has collapsed 13 million times in the past 30 years.
Rick Rule admits to calling 17 of the last 3 crashes
Learn from him
They just print it back again
It will happen when you less expect it. Don't be naive!
To be fair..
It basically did, the gov is just printing money every time it gets close to cover the loss.
That's basically like depositing money into a lending pool for it to be collateral so you can borrow against it and every time it's term is about to expire and you're about to be liquidated, the creator of the token just mints out more token to avoid that..lol
Btw..
If you look at the dollar bill..
It litterally says..
"This note is legal tender for all debts."
..think about it and ask yourself why crypto exist.
Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 127k to a decent 532k... I'm especially grateful to Flora Elkin, whose deep expertise and trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Flora's insights. It's akin to finding a diamond in a coal mine.
You stumped him right out of the gate and left him speechless with "How are you, what's new in your life?" Sad :(
I imagine this guy living in a bunker surrounded by gold and silver he will never spend.
David, don’t argue with your Mom, one day , you’ll be the one being interviewed. You’re amazing at what you do! 🙏
Why can't he just disappear and enjoy whatever wealth he has. Guy looks miserable.
Yeah. Miserable dude. But greedy enough to keep selling his appearances
Absolutely love it!! The journey is not always easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to attain that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope.
That’s a great motivation! I thought about ¢rypt0 but unsure of it. I need to do something quick. What can I do?
Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor.
I partner with Olivià CharIotte OswaId.
You can look her up and get in touch
Cryptos and real estate crowdfunding are awesome lnvestment options! It's great that you're growing with Olivia.
Thank you for offering your advice. Definitely grabbing this opportunity. just found the webpage
Contrary to the scathing comments here I enjoyed this interview. Many people seem to miss the most valuable thing in life; health.
come on David, why don't you want to buy some cattle to breed? 😂😂I love that questions, D: "how about something we can actually buy" K: "I don't know"
This was about as helpful as an Onlyfans model planning a financial strategy
For people saying Robert Kiyosaki is wrong, a lot of what he is saying about the dollar is actually correct. The US has $34 trillion in debt and rising at $1 trillion a quarter. It is unsustainable. Buyers have already started pulling back on treasury auctions because they are unsure how the US will pay the debt back. The world is starting to lose faith in the US currency, and BRICs is on the rise.
Treasury yields are down from last year
Robert has been saying the same thing over and over and over and over, well, you get it.
He makes a living repeating it ….
I use to listen to him religiously but he’s lost a few marbles, same thing over and over. He will be right one day but so is a broken clock.
The men are at Times Square dancing on tik tok. 😂 Semper Fi Robert!!
David's questions are very good but Kiyosaki's answers are not straight forward and clear = frustrating!
He’s a jerk. I wish David would NOT interview him
I really enjoy listening to Robert Kiyosaki. Amazing.❤
I can't listen to this stuff anymore. 😂
Great interview, David, and Robert was at his best and had very useful information.
Rob is venerable and should be respected but he does tend to ramble. Love the live in person format! Been with you since kitco David love watching the progression.
Ugh, ridiculous 🤦🏽♂️ how do you say oil prices changed due to keystone, it never was to begin with, how does it move metrics when it never performed 🤦🏽♂️🤦🏽♂️🤦🏽♂️
I never bought into the Rich Dad Poor dad craze and watching this video today, I am just not very impressed. Good for Mr. Kiyosaki tho for making himself quite a fortune.
To whom he is going to leave the money to? It is just said
Hi David, love your channel and content, top shelf. Do you think we are heading into a recession in the coming months and a subsequent large S&P drawdown from these all time highs? eg, a 50% drop. Would appreciate your thoughts.
Kyosaki, Schiff, Jim Rogers, George Gamin……. The list goes on of guys you should not get investment advice from.
Not Jim rogers
Jim Rogers not only a true gentleman but his method is basically waiting for crashes then entering at max fear. He has a great track record of success doing this. Easy to knock him during crack up boom (current situation) when we're going through max FOMO and zoomers thinking this is normal.
100,%. True
They may be wrong about many things but they do know how to make money
@@James-il3tqBeing on the sidelines for 15 years is not better than being wrong.
Hi David,
Love the show and love Robert. I think it’s hard to get a straight answer from him but next time I would like to know what Robert’s succession plan is? He is in the last 20 years of his life, maybe? He has no children he has a wife, I think (separated?). What is the plan for his wealth? What is he doing with the legacy money?
Cheers
"My mother's disappointed I'm not a doctor" 😂😂😂
A convergence of troubling factors looms ominously over the United States. From soaring inflation rates to potential bank collapses, severe droughts in the agricultural heartland, a looming recession, shortages ranging from food supplies to essential commodities like diesel fuel, heating oil, baby formula, and even available automobiles, alongside escalating living costs-all these elements seem to be aligning, painting a grim picture that could potentially culminate in a significant disaster by year-end, or even sooner.
With inflation currently hovering around 6%, my paramount concern revolves around optimizing my stagnant retirement fund of approximately $300k, which has seen minimal to no growth for an extended period. The urgency lies in finding strategies to safeguard and maximize these funds in the face of the impending economic challenges.
Stay in the market and sell only if you need those funds. I got laid off and it has been difficult getting another source of income, glad I was investing when I did and of course with guidance from a wealth manager don’t listen to naysayers. I am making bank and the penalties for drawing from 401k to reinvest are nothing compared to the amount of wealth I am now facing with my family.
I have seen a lot about FAs and actually want to consult some pro. How did you go about it? Is yours any good?
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Stacie Lynn Winson‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
checked for your FA and found her web page. she is very impressive , left a mail after going through her resume.
"Tik Tok dancers". I love it !😂😂😂
Great to see Bob at VRIC in Vancouver...that guy walks/talks the KISS principle. Lots of wisdom/truth that Wall St. types just can't grasp.
Awesome rapport/interview Dave!
Sorry, l will skip this one, not a fan.
So awesome to see these two together! Great interview, David.
He said stocks would crash -80% in 2021. They did go down, but not by that much.
Most people said it would go down by 50 percent at least. Which would be surprising.
I’ve been buying 2 1 ounce silver buffalo rounds every week when I get paid. Any tips on what else I can do to out my self in a better spot for the future. I a mechanic and eventually want to own a business and have a few properties with tenants
If I was David I wouldn't even give this known scam artist the opportunity to spout his BS. Find better guests.
Yes PLEASE
Kiyosaki the grifter...nah ill pass on this video
Great stuff fellas
The currency dies the host country loses power status and living standards.
Unless they are invaded and overtake of course.
David, I wasn't a fan when you were on Kitco.
But, bro, you're the man since you've been on your own.
Great show, dude.
Hi David, What an incredible interview you conducted with Robert Kiyosaki! I've always felt a certain frustration after watching other interviews wiht Robert in the past, simply because those interviewers couldn't ask pinpoint questions like you did here. My understanding of what Robert is doing is much clearer now. Thank you so much for the fantastic interview!
Robert is starting a networking marketing! Where do i join?
My picks for next 3 months period are INJ and FIL. But also, guys do not miss Xeventy presale, is almost over.
Kiyosaki gave great advices(???)....just don't listen to him...he is trying profit for himself...do your own homework.
He made all his money off his books and seminars. There is no evidence that there was a rich dad. "Prior to his 1997 publication of Rich Dad, Poor Dad, Robert Kiyosaki never had any documentation of the wealth he supposedly amassed (Forbes)
There really wasn’t a rich dad, even though his book specifically claims there was one (Smart Money Magazine, February 2003)"
David please interview Phil Grande
This guy has been saying this since I was a teenager 😅
Yeah, he doesn't know how to read liquidity, which trumps all fundamentals.
David just sitting there looking at him
Thinking.
WTF are you rambling on about.
Answer the question.
Really good cash flow info at 23:00
90% of People in Vietnam own a home. Most gen z people in the US know they will never own a home. In fact they cannot even afford to rent. But end stage capitalism is great 😂😂😂
how many crash he forcast the last jears ? a old man that will with die all his money ,keep it keep it . more more . shut the nighbor ,save your wealth . very very sad!
Exactly. It is said. He has no kids even to leave them some money.
Awful guy
hey robert didnt you get the memo, btc is now black rocks money
Thanks David!
Robert’s looking long in the tooth. Is he a rich dad to any offspring?
Great boomer Mr Kiyosaki, the young need his kind of knowledge.
I am sorry I can only hit Like once! I really enjoy this interview.
He is a broken record, he never even wrote that book himself, he throws pessimism on every channel for the past 15 years knowing that fear sells well.... invite guests that have a proven track record, go investigate his financial assets
net worth of 100 million is a proven track record
Wait!?!? You think our situation is good?
No he isn't! He is right.
@@InfuzeDcyphR
More prices controlled by a private legal society. Are y’all expecting a legal society that wants to maintain control over people to allow a way out of their control with a proper price of gold or any other commodities ?
He absolutely has a proven track record. What a stupid boob response. Sounds like a shill libtard to me. Love Robert‼️
that was the best interview ever David and I love your authenticity and desire to understand what is going on
A pleasure listen to Kiyosaki
15:48 "he found out the old miners, 150 years ago, missed the vein". That's an impressive story!
the debt man is here
Kiyosaki was wrong many times. He just made his fortune by being in right place in right time
no by selling courses and books about it
Yeah the ridiculous book - weird title - threw his father under the bus - awful guy
Who cares? Yall broke af..
Marin Katusa and ODV... down 85% since 2022.
Robert Kiyosaki is a Legend and one of the best teachers ever🙏. Eternal Gratitude
I did enjoy his book, Who Stole My Pension.
Also remember what John Waters always says, "Don't hate the rich."
lol this dude is broke
And NVIDIA rise, and rise, and rise, and rise
Very good questions !
Definitely cut out his segment on bull semen. Easy to tell lol. Robert loves to troll on that with a straight face
If the dollar is broken, whats going to replace it? There is not enough gold in the world. There is not enough commoditys a person can buy. If everything crashes how are you going to buy a loaf a bread. Bitcoin,gold,silver? We can only diversify.
Dollar is only there because US is there and standing strong, but history clearly shows that no power go forever and then things will evolve.
Let me guess he has loan for the 5 bitcoin
Doesn't Kiyosaki owe an incredible amount ($1B???) and say it's "not his problem"? Maybe that's why the dollar has issues...
where's the full interview?
1000th like. Rob is a true legend
The chemistry between you and Robert is insame,🔥..
He obviously took a liking to you and you jelled and clicked so well, it nothing i have ever seen before...🎉🎉
I was glued to thr screen, it was insightful, entertaining..
Bravo👏👏 10/10
The U.S.Dollars ain’t dying that his belief but money is needed in a daily living to pay those bussinesses,His Just saying that because he collects gold and silver nothing will change money is money that runs in the country of United States ether cash or credit cards that’s it
I'm still relatively new to trading and understanding the markets. What I have learned is that most of the guests on shows are wrong with their predictions, but I continue to watch guys like Robert, Harry Dent; Soloway for their free comedy entertaiment....they clueless!!
If the U.S. Dollar was collapsing, the price of real estate would be rising, not also collapsing.
If you really listen to him this makes sense, the information or technology world is bringing new ideals into the market world. This is the same with money
Nigh interest rate bring up the dollar value.
He kinda contradicts himself
This is one-in-a-bull-run opportunity, you don´t wanna miss Xeventy presale
Sketchy guests, I'll pass......little surprised for this reputable channel
I agree.
Guy cant answer a question .
I like Robert and he has many good points, the death of the U.S. Dollar is not real. There is NO other currency to take that mantle.
Yep, same they say about English pound, dutch guilder, etc. Every roughly 100 years there will be a leading currency.
No one in the whole youtube universe can go more wrong than this doomsayer 😂😂😂he is the worst of the kind
Thank you!
And as far as Robert goes, some of the books were decent in content, but the main logic of getting rich on someone else’s money is the dumbest form of “getting rich”, unless you want to live in debt all your life. And the borrower is slave to the lender.
I guess based on the video title we should buy China. Their stock market and real estate market are booming right. Not. If not careful could cause global deflation.
He is Right. Robert is Right
Broken record
Man looks like he's a 100 years old compared to 2021! COVID was a hell of an experience!
I wonder to whom he will leave his riches? He has no kids..It is just sad with those rich people. I hope he/ they give it all to people that need money. Even if it is $100K at a time
The hair dye does NOT help
THAT guy 🙄 The book is meaningless and so is he.
Yes!!!!
9:42 Mike Tyson
I love Robert Kiyosaki but he has become such a doomer over the last 10-15 years. In the end, all these people will eventually be correct.
Facts doesn’t add up. Older people getting detached from reality. He was great back in his days, not anymore
He's old and rambling, but the core things of his are get out of fiat and use debt, this is amazing advice for people who can handle debt safely.
Happy new financial year 2023-2024
cryptography is a same money addresses in different machines behaviour is called cryptographic stocks
Robert is a top G
Maybe his billion dollar debt will be erased
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Finding financial advisors like'Aileen Gertrude Tippy' who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call.
💯💯
He's right, U.S. currency is slowly dying out. 💯