Right! I was thinking the same. I live in Spain and of course the Rich and not so rich has companies but just for puting limits to your bussiness responsability, is not so dangerous as in USA to have properties in your personal name.
lol i was thinking the same. while there are advantages to placing assets into a corporation, there also draw backs especially when your thinking of selling and eventually using the profit for a personal reason. I live in Canada and the only reason you would put something under a corporation is for tax incentives (a very good reason), we have laws and protection when an individual is being sued and their are limitations. We also have insurance protection by the government , where they step in to compensate entire population is under the same policy.
Success is not built on success. It's built on failure. It's built on frustration. it's built on fear that you have to over come. I pray that anyone who reads this will be successful in life.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time.
still don't get it? It is made sure this shit doesn't get into university....what does that say about those who are in control....99% are sleeping in this world
Not only is it not taught, the info is being actively suppressed, demonized, lied about, smear campaigned, presented as misinformation and disinformation. What does this tell you about the information? If it was not true there would be no need for this level of involvement
That's absolutey 100% accurate. Most teachers have never done the thing they're teaching. I talked about that in my video on why people are poor: ruclips.net/video/0WnIgOMv-Zs/видео.html
But I can earn as much as I possibly can to give to my children for their safety and security. Its how you protect your family and keep your wealth alive!
Social wealth should also include friends, my life, I have the best of friends, got my I.T through friends, got my financial breakthrough through one: now I am on my way to financial freedom through friends.
@@shanettedmtri6980 True. Friends are a form of wealth. My first 5-figure was made for me by the reputable Mrs Joyce which was a referral from my friend.
Greatness they say can't be hidden. I am also a proud investor with Mrs Joyce, also enrolled with fortune academy. I would advise no more comments about Mrs Joyce, the youtube community would think we are bots and think Mrs Joyce is a scam.
@@jimsunny3707 True. CRYPTOCURRENCY IS REAL TRADING IT, HODLING IT, INVESTING IT IS REAL FORTUNE ACADEMY IS REAL. This they fail to realise, for what you've not tried once you become a scam exposer. . . Like stfu my guy.
Bring *Julianne Iwersen Niemann* on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get
From expereince for some reason, I get more satisfaction in buying assets rather than material items. I get immense joy everytime I add to my portfolio :]
I love these little nuggets of knowledge.its crazy how much YOU don't know about money .School teaches you nothing .Im trying to be the first millionaire in my family 💯💡
I run my own company and I'll tell you my house payment is probably the cheapest thing on my overhead cost. I can pay it off if I want but like what they said I'm really tempted to refinance it at a low interest rate so there's no liquidy in it take the cash and put it in investments which I do anyway with my cash. I own so much stock just the dividends pay double what my house payment property tax and insurance are. For my company I took a large low interest rate loan from the government for my business. All the other money in my business account I took out and put an investments. So say there's a $100,000 in my business account and you want to see me for a $100,000 but I owe more than $100,000 to the government so there's nothing you can take from me because the government would get their money first. Same thing with my house I rather refinance it so there's little to no equity and people can't really get any money out of me by suing me. Plus mortgage rate is 3 or 4%. My investments make an average 15%. You can write off your mortgage interest from your income you don't have to pay tax on your investments until you sell them and you don't have to sell all of it. I'll probably make 100K just with my oil stocks now I might cash those out and pay the capital gains and then throw it in the mutual funds where I get the 15% average but after the next year where I make $15,100,000 investment I can just leave it 5 years that first hundred thousand will be double or I can make $15,000 take out the $15,000 paid 25% capital gains leaves me with $10,000 cash and I still have my $100,000. I still work hard with my main job. I try not to spend more than $700/week, regardless if I make 3k that week. So I only tried to spend the money I make off my investments and I don't use my regular money to pay my bills.
And some rich pay and collect the rent. Grant Cardone and Kris Krohn both recommend - first live on rental and rent properties, then buy house with passive income for yourself.
*WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.* *ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*That's why the rich invest and the poor don't.*
*Thank you for your help Walden Carlin. These days it is difficult to come by people like you. I want you to know that my heart will never ever stop appreciating your generosity.* *I n v e s t i n g with you has brought so much joy to me through t r a d I n g.*
@@williamsdickson7991 haha... you don’t have to be surprised at Mr Walden Carlin trading services are really good and everyone love genuine services,they’ve helped me recover what I lost trying to trade on my own
@@ewastrijder8731, you don't understand. The rich don't own anything but control everything. While the poor wants to own everything but control nothing due to being at risk of losing everything.
Chris M forget OPM. That is called debt slavery. Get a skill. leave the whores alone. A 40 hour work week is for broke asses. Get out and enjoy nature and stay away from stupid people.
@@bingbongabinga2954 giving up equity to get funding is a far worse slavery than going into debt for funding. I'll take "debt slavery" any day over equity slavery.
I was a chess Grandmaster at 16. I fell for someone who was physically attractive but morally bankrupt and she nearly destroyed me. Now, I’m making a decent living and trying to get my play back up to international chess standards. It’s been tough.
Literally just came from Barnes and Nobles and picked up Loopholes of Real Estate and Tax-Free Wealth! Then, this video comes up, so much “Gold” in this info! 🧠
JOHNSONJOSEPH1988 your house,car, or any other liabilities would be under the corp name. I guess you would donate all liabilities to the corp if you owned them before you started the corp. So then, you are not the owner anymore, the S corp is.
I actually put "they want you to be poor" trying to find a video exposing politicians, but the first video that showed was a Robert's video... it's been a week, I'm binge watching this guy.
I've had Tom Wheelwright on my show maybe 6 times now and both he and Garrett are just mounds of information that people need to pay attention to. Here's my most recent interview with Tom. ruclips.net/video/l_okDTKzeeA/видео.html
@@od4407 the University system is broke. They don’t prepare you for the world, or being an entrepreneur, or even for a career. It’s all textbook learning and memorization. How to be a good employee. Not how to be independent or to think for yourself.
@@JP-dz7zu That sounds like such a regurgitated blanket statement that people say in these circles. While that may be true in most undergraduate and even some graduate forums of learning, the proof is in the pudding that people who graduate from good MBA, business, real estate, or doctoral programs are some of the most wildly successful people who then in turn also become entrepreneurs and investors. To say you learned more in this video than 7 years in undergraduate and graduate work is pretty silly.
@@JP-dz7zu And? If they become successful what does it matter, now we are debating two different things. We were talking about whether the people become successful or not.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
@@MrStlover99 this is all old stuff from the 80s LLCs are being sued now, if it's under your name well you own it then. This stuff doesn't work anymore. Have to go a step farther now.
To possibly create wealth good enough to retire, diversification is indeed necessary to achieve your goal. I realized the secret of creating wealth with the guidance of a financial professional and would love to share my ideas with the ignorant ones here
Interesting, I’m lucky to stumble over this comment. Your thoughts are remarkable and would appreciate it if you enlightened me more on how to create wealth or possibly approach your financial professional.
@@rudriguezbauer7520 To achieve your goals, proficiency makes your plans a reality. I engage in various kinds of investment and packages with proper management by a financial professional of an investment firm and so far I’ve achieved great returns of investment.
As to get more details about my financial professional (Hamilton Phoebe Zoe); do internet research with the full names above to easily approach her and as well write her…
Great, Got it! I’m delighted to engage in this opportunity, I just found the financial professional’s web page and have already written her. Thanks a lot for the information.
Wow, I’m very surprised to come across Hamilton Phoebe Zoe the very same investment adviser my colleagues at work talks about and praise her skills and experience. Phoebe operates with Big investment firms but her services to average individuals is really philosophic. Indeed, Good deeds fly so fast.
How to live free owning everything and not to be taken by anyone !? Enjoy assets but how to not have the fear someone will take it from you. Humanity is also jealous and vicious.
Working online. has became the source of my wealth, during this period of pandemic. Actually. I don't really know what kind of job, i could have done that yet all these amount of money, within a period of time. with the help of Mr jose Antonio.
This is a Nice video,Do anyone here knows about Expert Mrs Jane, Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
To hell with Kiyosaki!! You had me at "avocado toast!" Seriously, though... I just found these channels and have been devouring them like... well, avocado toast, what else? I am hoping that at least a few of the videos will go into some detail as to how to start the transition from the E/S side of the equation to the B/I side, but even if they don't, even if they only provide an overview of the Big Picture of finances, they are still worth their weight in gold. Or avocado toast, take your pick - both are compliments!
You really need to check out his website, look for an upcoming seminar, and go to it. You will learn at least one thing from it. The purpose of these videos is to entice you to pay for the training. If you are a seasoned E/S then the cost may be in your budget. If you are starting out then I suggest starting with his advisors who provide more detail on their channels (Ken McElroy, Tom Wheelwright, and Garrett Sutton)
@@scsmith4604 Thank you for that advice. Yes, I'm definitely starting out, after a lifetime of voluntary slavery, but my mind has always been pointed in the right direction.
10:00 It doesn’t work like this in UK mate. We have “Limited Companies” Your business can be sued...to the point of liquidation....but the owner does not lose their personal assets. Business can go bust then a couple of years later the owner can start up again with a new business name....in the mean time his partner starts the same business up to keep the trading in the family. The only ones who lose are the customers who supplied the goods or subcontracted to the defunct business. They might never get their unpaid bills settled.
Step 1: Be an equities trader. Step 2: Don't ever worry about getting sued. No direct clients. No direct employees. No direct PEOPLE. No direct PROBLEMS.
You can definitely set it up yourself, just like how you can do your own home's plumbing, but you're better off with a professional unless you're very confident you won't screw something up.
Attorney is only once’s u have reach success in making a lot of money so u don’t get sued and have to start over , if u have nothing to lose when u fresh start then u don’t need one because u have nothing to ur name if u do get sued
Depends how and what you own :) If its assets with positive cashflow it is definitely a great thing to own it - not personally though, but in your cooperation :)
One of the bestever, have no idea how I have missed it for a year n a half plus. Thank you very much. Alexandra is a perfect addition to your team. Thanks again
I'll praise you, you praise me. It's a Limited partnership. Let's talk our business, our story - they would watch it, we control their emotions though we don't own it. WE ARE RICH !!
9:23 that´s why people don get rich, cuz they are not prepared to get richness. They would loose it all if they don´t know how to keep it and increasing it. That´s why study is very important.
Robert Kiyosaki: Someday you will lose everything. Ferris Fitzgerald: Invest today and own everything. Me: Invested and just got a new car. Thanks to Mr Ferris Fitzgerald for helping me with my investment.
The problem is a lot of Robert's philosophies don't apply in the UK, we can't get 100% mortgages out here. Nor do corps/Ltd's get as many tax breaks as they do in the USA, Rob needs to write a UK specific version of his book. lol
Yeah i have the same challenges because im in Denmark. But you just gotta figure out what the differences are and adjust accordingly - no other way unfortunately. The thing about not owning personally but in cooperations that doesn't have personal accountability still applies though but things like rental laws and yeah mortgages+bankloans are a bit different. You probably have like a 80/20 system when it comes to buying real estate over there? We have 80/15/5 here, where 80% is the mortgage, 15% is the bank loan and 5% is the down payment (usually that's how it goes).
Never put more than 5% to 10% as a downpayment plus loan origination fees/closing costs/other expenses related to the LTV amongst others to buy anything, it makes no sense. Finance all that with personal loans, personal and business credit lines and credit cards, or other debt instruments if possible. No reason to use one's own money
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in it but I'm gonna need an assistant from any trusted and productive professional
@@elizabethamy4690 You don't really need someone to tell you how to invest your coins, you can make research on your own and also try doing it yourself first.
@@thomaswilliam4514 Haha you don't have to be surprised Smith Logan is really good and everyone loves genuine services, he helped me recover what I lost trying to trade on my own
He owned half the shares in his legal fiction Amazon. "After the divorce in April 2019, she received $35.6 billion in Amazon stock and became the third-richest woman in the world." She now owns half of his shares.
So if someone like kiyosaki has someone like Garrett on their team. Garrett knows what kiyosaki doesn't and learns what kiyosaki knows, why isn't Garrett just as rich as kiyosaki where he doesn't have to do this job anymore.
If you were listening, at the end he said "this is all I do". However, I think you will find he has assets of his own. I'm a new entrant to a multi-billion dollar real estate industry in Australia that essentially, no one hears about. There are specialist lawyers, accountants, financiers and agents in the industry. Of the ones I am using, the only one who I don't know owns the same class of assets is the lawyer. She won't tell me, she's a lawyer :D
There is no guarantee that a judge will not break through these protective entities and place your assets up for grabs. I've done huge amounts of research and I think it might be more cost effective to just have really great insurance policies plus a large umbrella policy. I am not against LLCs or LP's or corporations. But they do make the accountants and attorneys rich. Do your research and make up your own mind.
Piercing the corporate veil does happen, but I don't think it is a valid reason to ignore setting up a corporate entity. Piercing the veil is more common when the entity is used as a shell to hide from corporate misconduct or illegal activity. The protection will be a lot stronger if you keep your personal finances and assets totally separate from the finances and assets of the business. That means separate bank accounts, credit cards, and loans. Use business assets for business only. Don't go drag racing in the company car. Get professional help to setup an entity the right way, keep your finances separate, and don't do anything illegal or unethical, and you will get a lot of protection. If appropriate, you can still buy insurance for more protection.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
Moving out of the US is the best form of asset protection.
Right! I was thinking the same. I live in Spain and of course the Rich and not so rich has companies but just for puting limits to your bussiness responsability, is not so dangerous as in USA to have properties in your personal name.
I moved to Asia and Africa for protection. Just virtually live in the U.S. better than wearing a condom
lol i was thinking the same.
while there are advantages to placing assets into a corporation, there also draw backs especially when your thinking of selling and eventually using the profit for a personal reason. I live in Canada and the only reason you would put something under a corporation is for tax incentives (a very good reason), we have laws and protection when an individual is being sued and their are limitations. We also have insurance protection by the government , where they step in to compensate entire population is under the same policy.
@@tanbir11 there*
Moving alone wont save you from IRS. If you have US citizenship no matter where you live, you still have to pay taxes to uncle Sam.
Success is not built on success. It's built on failure. It's built on frustration. it's built on fear that you have to over come. I pray that anyone who reads this will be successful in life.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time.
You Are Right Sir .
Most People Don’t invest Due To Ignorance. But Are There Really Any Good Ideas 💡 for a Profiting investment with little capital?
@Ruben Mark I’ve been making a huge returns from my investment since I met Pamela Morgan, a professional crypto currency investor.
+1 (7 0 4) 8 0 2 - 2 1 7 2
The goal is to be rich without everyone knowing you are rich lol
Why?
Exactly!
xDD only way to be rich tbh, no way you gon come out alive being known rich
I’m poor and everyone knows it. :)
When people see you sailing that yacht, they'll know you're probably doing something right.
Robert teaches so much so that no matter how many Degrees we have, this information cannot be found in any university #ForzaRobertKiyosaki
Actually, I must say, I agree.
still don't get it?
It is made sure this shit doesn't get into university....what does that say about those who are in control....99% are sleeping in this world
Not only is it not taught, the info is being actively suppressed, demonized, lied about, smear campaigned, presented as misinformation and disinformation. What does this tell you about the information? If it was not true there would be no need for this level of involvement
You don’t need to get a degree to learn this. If you own a business you will know this.
That's absolutey 100% accurate. Most teachers have never done the thing they're teaching. I talked about that in my video on why people are poor: ruclips.net/video/0WnIgOMv-Zs/видео.html
The rich multiplies their money and poor people spend their money buying Liabilities created by the rich.
Philani Mthombeni
Yes! You learn quickly.
Don't forget about the middle classes. They can qualify for loans so they load them selves up with debts to buy "' toys "
@@Tampa0123456789 True.
also you need to be extremely cheap.
But for middle class we dont get access to certain investments.
Some say that Robert is just selling his book, that may be true but hey these are still very valuable information!
Everybody should read the book...lol it's really good .
Lol at whoever complains about him trying to monetize his exposure.
No such thing as free information, or a free lunch.
Someday you'll lose everything. It's called death.
@Reality Cheque
PREACH!
@ If you are a believer in Jesus Christ our existence (that is believers in Jesus Christ only) after this life is better than can be imagined.
Michael King you should try dmt. It will actually show you the afterlife
@Reality Cheque BRILLIANT!
But I can earn as much as I possibly can to give to my children for their safety and security. Its how you protect your family and keep your wealth alive!
Be wealthy rather.
Physical wealth - Health
Time wealth - freedom
Social wealth - status
Financial wealth - money
Invest in these.
Social wealth should also include friends, my life, I have the best of friends, got my I.T through friends, got my financial breakthrough through one: now I am on my way to financial freedom through friends.
@@shanettedmtri6980 True. Friends are a form of wealth. My first 5-figure was made for me by the reputable Mrs Joyce which was a referral from my friend.
@@ortiz9426 Surprised to see you know Mrs Joyce too, joined her since I left med school back in 2017. It has been life changing.
Greatness they say can't be hidden. I am also a proud investor with Mrs Joyce, also enrolled with fortune academy.
I would advise no more comments about Mrs Joyce, the youtube community would think we are bots and think Mrs Joyce is a scam.
@@jimsunny3707 True.
CRYPTOCURRENCY IS REAL
TRADING IT, HODLING IT, INVESTING IT IS REAL
FORTUNE ACADEMY IS REAL.
This they fail to realise, for what you've not tried once you become a scam exposer. . . Like stfu my guy.
Bring *Julianne Iwersen Niemann* on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.
I’ve heard of her
How can i reach her, if you don't mind me asking?
her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get
From expereince for some reason, I get more satisfaction in buying assets rather than material items. I get immense joy everytime I add to my portfolio :]
As I started understanding all of this, I'm the same.
Totally.
Facts
Security?
I would love to start knowing what this feels like!
#SOLE REALLY STANDS FOR:
Sued Once, Lost Everything
SOLE SOUL
😂 🤣🤣🤣👍🏻
sadly.. that is my reality now.. now im working myself up
Shit Out of Luck Eventually 😂
Shit Outta Luck Everytime
I already did lose everything, my home, BMW m3, stocks, everything. I'm in the process of starting over, at a senior age. Thank You Sir! 💚🙏💚😁
God bless u bro! You will become stronger!!! 🦁
@@NITHZAEL92 Thank You! 💚🙏💚😁
I love these little nuggets of knowledge.its crazy how much YOU don't know about money .School teaches you nothing .Im trying to be the first millionaire in my family 💯💡
well me to
i spent more than 11 years damn school for nothing
Eduardo Tomé I can relate.Im 30 and RUclips really wasn't popular back then .Ive learned more from RUclips university then actual school 💯
@@mumbledjumbledxxxxxxxxxxdy1271
Schooling was good when my parents were growing up and now your degree is worthless.
🔥🔥🔥🔥🔥🔥 so excited for you 🙂🙂🙂 am here going for it and as a first born in our family, I also aim to be their first millionaire 🔥🔥🔥🔥
I run my own company and I'll tell you my house payment is probably the cheapest thing on my overhead cost. I can pay it off if I want but like what they said I'm really tempted to refinance it at a low interest rate so there's no liquidy in it take the cash and put it in investments which I do anyway with my cash. I own so much stock just the dividends pay double what my house payment property tax and insurance are.
For my company I took a large low interest rate loan from the government for my business. All the other money in my business account I took out and put an investments. So say there's a $100,000 in my business account and you want to see me for a $100,000 but I owe more than $100,000 to the government so there's nothing you can take from me because the government would get their money first. Same thing with my house I rather refinance it so there's little to no equity and people can't really get any money out of me by suing me. Plus mortgage rate is 3 or 4%. My investments make an average 15%.
You can write off your mortgage interest from your income you don't have to pay tax on your investments until you sell them and you don't have to sell all of it. I'll probably make 100K just with my oil stocks now I might cash those out and pay the capital gains and then throw it in the mutual funds where I get the 15% average but after the next year where I make $15,100,000 investment I can just leave it 5 years that first hundred thousand will be double or I can make $15,000 take out the $15,000 paid 25% capital gains leaves me with $10,000 cash and I still have my $100,000.
I still work hard with my main job. I try not to spend more than $700/week, regardless if I make 3k that week. So I only tried to spend the money I make off my investments and I don't use my regular money to pay my bills.
Thank you. Own nothing, but control everything.
Please explain, I didnt understand that line?
Rich people place their assets in corporations and trusts for protection. On paper, nothing is "owned" by the individual.
@jediphilosopher you mean someone else can take over the entity? But how?
5:54 CPA
9:27 Insurance
9:50 Sole Proprietor
powerfull watching from kenya
The rich collect the rent, the poor pay the rent.
And some rich pay and collect the rent. Grant Cardone and Kris Krohn both recommend - first live on rental and rent properties, then buy house with passive income for yourself.
Grant Cardone, oooh! I like him!
Yeah and the rich pay the skilled man to build his house and the skilled man profits out of it ;)
Feudal Lords?
Not true necessarily
*WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.*
*ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*That's why the rich invest and the poor don't.*
Wow!!!I’m just shocked you mentioned and recommended Mr Walden Carlin trading services,i thought people don’t know them..they are really awesome!
@@williamsdickson7991 Same here it’s four month now i started investing with them and its been a good experience
Amen
*Thank you for your help Walden Carlin. These days it is difficult to come by people like you. I want you to know that my heart will never ever stop appreciating your generosity.*
*I n v e s t i n g with you has brought so much joy to me through t r a d I n g.*
@@williamsdickson7991 haha... you don’t have to be surprised at Mr Walden Carlin trading services are really good and everyone love genuine services,they’ve helped me recover what I lost trying to trade on my own
Keywords, the poor owns everything and the rich owns nothing
If the rich owns nothing than they wouldn't own a company that makes Money For them
@@ewastrijder8731, you don't understand. The rich don't own anything but control everything. While the poor wants to own everything but control nothing due to being at risk of losing everything.
Well said. So, how does the rich own nothing but control everything? Think smart, brains!! Can you clarify that for me?
@@MyRx777z I didn't get it. Could you explain your point a bit?
The Rich only have Cash flow.
She knows about avocado toast?! Graham exposed! :O
🤣😅 laughing at your profile picture
Only a aussie would understand this!!!
@@dsherlock94 LOL
It’s a Spanish thing lol....🇩🇴
Yes. Sandwich avocado 🥑 great as a snack while growing up in Dominican Republic 🇩🇴 put on tomatoes 🍅 and salt 🧂 and you have dinner 🍽
Let me save you time: Basically get an attorney to meet your investment needs.
In a nutshell....Opm, gain assets, multiple streams of income, watch your spending
Chris M forget OPM. That is called debt slavery. Get a skill. leave the whores alone. A 40 hour work week is for broke asses. Get out and enjoy nature and stay away from stupid people.
That’s one hell of a nutshell.
@@bingbongabinga2954 giving up equity to get funding is a far worse slavery than going into debt for funding. I'll take "debt slavery" any day over equity slavery.
Opm.. One Punch Man?
School teach us to work for paycheck😂
We need people who does.
Frog Prince indeed we need them but I don’t want to be one of them
@@nongrada6004 save and invest your money
I was a chess Grandmaster at 16. I fell for someone who was physically attractive but morally bankrupt and she nearly destroyed me. Now, I’m making a decent living and trying to get my play back up to international chess standards. It’s been tough.
Roky Erickson rocks keep it up bro hope you find the right one on your way up ❤️
The justice system and family courts in the US are crazy.
the same in Germany
Literally just came from Barnes and Nobles and picked up Loopholes of Real Estate and Tax-Free Wealth! Then, this video comes up, so much “Gold” in this info! 🧠
Its all connected. Stay Focus.
I don’t understand, how can I do transfer my assets in to llcs or whatever he says ??
JOHNSONJOSEPH1988 your house,car, or any other liabilities would be under the corp name. I guess you would donate all liabilities to the corp if you owned them before you started the corp. So then, you are not the owner anymore, the S corp is.
I actually put "they want you to be poor" trying to find a video exposing politicians, but the first video that showed was a Robert's video... it's been a week, I'm binge watching this guy.
I've had Tom Wheelwright on my show maybe 6 times now and both he and Garrett are just mounds of information that people need to pay attention to. Here's my most recent interview with Tom. ruclips.net/video/l_okDTKzeeA/видео.html
She’s gotten better at this. Good job.
Dan Pepper Agreed 💯 she doesn't yell anymore and is more calm
She got better because she had no other choice, but too.
Dan Pepper I said the same thing.
We are all her at some point guys
She’s fire too.. knock her up forsure
The lawyer is careful but Robert goes spilling out the beans.. Wohooo! 😅
The Rich own nothing but still own Everything.
😂😂I'm going back to the jungle. You don't own anything and everything is free😂😂
That Hard life
Until someone decide to do some deforestation
Nothing is free.
Until a couple of pumas starts chasing you.
@@randomfriction7231 in jungle, its free
I learn more from this channel than I did in 7 years of Business school and MBA classes.
Geez...I get your sentiment but I hope that’s not true...you clearly didn’t pay attention
@@od4407 the University system is broke. They don’t prepare you for the world, or being an entrepreneur, or even for a career. It’s all textbook learning and memorization. How to be a good employee. Not how to be independent or to think for yourself.
@@JP-dz7zu That sounds like such a regurgitated blanket statement that people say in these circles. While that may be true in most undergraduate and even some graduate forums of learning, the proof is in the pudding that people who graduate from good MBA, business, real estate, or doctoral programs are some of the most wildly successful people who then in turn also become entrepreneurs and investors.
To say you learned more in this video than 7 years in undergraduate and graduate work is pretty silly.
@@od4407 people who are actually in business for a living HATE these MBA’s who think they know it all and haven’t actually done shit.
@@JP-dz7zu And? If they become successful what does it matter, now we are debating two different things. We were talking about whether the people become successful or not.
the first thing that came to my mind with the 'ugly - general partnership' was marriage
d cini it is. Especially if your spouse wants to be a liability instead of a asset.
Very, very, very true!!!
Set up entities to protect your assets!! Great advice Robert and Garrett! Alexandra, you did great👍🏻👍🏻👍🏻
Ana Cecilia Gonzalez How to set up entities?
I don’t really understand 🤔?
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
People are scared of investing because of the high rate of scam in the business
Who's this professional everyone is talking about I always see her post on top comment on every RUclips video I watched
I think I'm interested how can I get in touch with Mrs Jane
Seeking for her contact details 👇 👇
+1 4 7 0 5 9 8 4 7 9 6 🇱🇷
this is very eye opening. I really wanted to do business myself using my name, but now I have to come up for a name to make a company
Do it now. Make a LLC and open a bank account even of no business yet. Get your mind started
You might be able to start the company under an entity, ie LLC but then utilize a DBA (Doing Business As, "Your Name"
@@MrStlover99 this is all old stuff from the 80s LLCs are being sued now, if it's under your name well you own it then. This stuff doesn't work anymore. Have to go a step farther now.
Sorry to be five years late. But, what would be another option for that? Any ideas? Greetings from South America@@brandonlifefamily8331
To possibly create wealth good enough to retire, diversification is indeed necessary to achieve your goal. I realized the secret of creating wealth with the guidance of a financial professional and would love to share my ideas with the ignorant ones here
Interesting, I’m lucky to stumble over this comment. Your thoughts are remarkable and would appreciate it if you enlightened me more on how to create wealth or possibly approach your financial professional.
@@rudriguezbauer7520 To achieve your goals, proficiency makes your plans a reality. I engage in various kinds of investment and packages with proper management by a financial professional of an investment firm and so far I’ve achieved great returns of investment.
As to get more details about my financial professional (Hamilton Phoebe Zoe); do internet research with the full names above to easily approach her and as well write her…
Great, Got it! I’m delighted to engage in this opportunity, I just found the financial professional’s web page and have already written her. Thanks a lot for the information.
Wow, I’m very surprised to come across Hamilton Phoebe Zoe the very same investment adviser my colleagues at work talks about and praise her skills and experience. Phoebe operates with Big investment firms but her services to average individuals is really philosophic. Indeed, Good deeds fly so fast.
I Love how Robert always translates the legal jargon so that we can understand!!!
I'm an entrepreneur with no money is a joke I say to people but its actually true.
The most crucial point : Get your team talking together in one room👑👑
I need to know who exactly to talk to ?
It makes it difficult and frustrating when you don't know (truth)
Wow this is gold, should be taught in elementary school
What's the strategy for superannuation?
How to live free owning everything and not to be taken by anyone !?
Enjoy assets but how to not have the fear someone will take it from you.
Humanity is also jealous and vicious.
Intro is way way too long
At least this info is reaching we the people so I'm thankful for that
Way too long!!
yeah always skip last 5 mins
0:17 Stopped Video .
Need full video sessions, great lesson 👍
Debt is a form of asset protection makes sense, thank you.
write books about becoming rich, sell those books and become rich.
Sure, why not. An expert on business doesn't have to be a businessman. I know plenty of people doing business who know a lot less.
@@julijakeit Proof?
Mrs Audrey is legit and her method works like magic I keep on earning every single week with her new strategy
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Audrey
She has been handling my account for years now
wow I'm just shock someone mentioned and recommended expert Mrs Audrey I thought I'm the only one trading with her with her new strategy
🎯🎯🎯
@@danicathompson5882 you don't need to be shock because I'm also a huge beneficiary of expert Mrs Audrey
Robert Keosaki that's great. 😍 In heart ♥. Kim 1st time seen you. 12 years hear her name in his 📙 but I get to see to Kim. So sweet
Own nothing and let nothing own you and you have unlocked the secret to living happy!
Working online. has became the source of my wealth, during this period of pandemic. Actually. I don't really know what kind of job, i could have done that yet all these amount of money, within a period of time. with the help of Mr jose Antonio.
How, really?
@@georgesebastain5196 Yes i have earn more than 200,000USD. ever since I knew him about a year ago. And am still earning up till now
@@michaeloliver2134 I really need more info. about these sir how does it work?
@@georgesebastain5196 it's alright. Mr jose Antonio is a bitcoin automated trader. who help people trade and manage. their account on their behalf
How to invest
Gotta admit that was enlightening !
This is a Nice video,Do anyone here knows about Expert Mrs Jane, Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her
She helped me recover what I lost trying to trade my self
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane
I think that she is the best broker I ever seen
Mrs Jane has changed my financial status for the best.all thanks to my aunty who introduced her to me
Let's watch!
To hell with Kiyosaki!! You had me at "avocado toast!"
Seriously, though... I just found these channels and have been devouring them like... well, avocado toast, what else? I am hoping that at least a few of the videos will go into some detail as to how to start the transition from the E/S side of the equation to the B/I side, but even if they don't, even if they only provide an overview of the Big Picture of finances, they are still worth their weight in gold. Or avocado toast, take your pick - both are compliments!
You really need to check out his website, look for an upcoming seminar, and go to it. You will learn at least one thing from it. The purpose of these videos is to entice you to pay for the training. If you are a seasoned E/S then the cost may be in your budget. If you are starting out then I suggest starting with his advisors who provide more detail on their channels (Ken McElroy, Tom Wheelwright, and Garrett Sutton)
@@scsmith4604 Thank you for that advice. Yes, I'm definitely starting out, after a lifetime of voluntary slavery, but my mind has always been pointed in the right direction.
Video starts at 1:13
Thanks for adding subtitle..😄
The sole in sole proprietor means if you’re sued, they are coming for everything, down to your sole
even my lemon sole tho? 😮
dialac1 ...honest responsible business..Krupp
Why would they own the sole of my foot?
dialac1 lmao
But I need my sole for dancin....my soul too😬
Is Robert wearing Mrs Kyosaki’s jacket with that butterfly broach? 🙈😂
ninthfloor33020 OMG..! I thought that I was the only one who noticed it..! LOL
Wealth doesnt give you good taste,thats for sure...lol
Asians have different fashion tastes, eastern countries in general are far more decorative you should see a sari or a kimono
@@davidfreeburn8592 There's no ONE TASTE. All based on personal preference.
@@liamc1102 we all know variety is the spice of life but there are no good tasting turds.
how do we watch the full video?
Wish I knew 30 years ago what I know now! So much great information at your fingertips today!
💛🧡💚💙 Another educational video where Alexandra is constantly yelling at the camera 💛🧡💚💙
And honestly giving dumb comments
This was awesome! I certainly learned something new.
10:00 It doesn’t work like this in UK mate. We have “Limited Companies” Your business can be sued...to the point of liquidation....but the owner does not lose their personal assets. Business can go bust then a couple of years later the owner can start up again with a new business name....in the mean time his partner starts the same business up to keep the trading in the family. The only ones who lose are the customers who supplied the goods or subcontracted to the defunct business. They might never get their unpaid bills settled.
unless you set up a holdings structure. and they can sue the company for any of the money in it.
This is what I don't like about the scammyt world we live in. Robert is no different from the the rest of the crooks
Great stuff🎉 Thank you 🙏🏽 ❤️
Can you use this for bank accounts, retirement accounts, as well as the brokerage account.
Good question
@Alex Davis How do you set it up?
You’re my rich dad! Thank you for the advice.
After Covid-19, I'm so happy I listened to Rob K. years ago..
This is what needs to be taught in school as civics.
I wish that it was! That's why I build my channel to help people learn this.
They won’t because they want to keep people ignorant and broke 😂
I love Garret's tone of voice. You get every word embedded into your mind.
can anyone plz explain, what garry said in 7:10 to 7:30.
She is great! She only needs to get a little acting work shop to control the nervius hand movements.
The guys name should be in the description
Carl Severin Garrett Sutton
Very informative, I had no idea. Thank you 🙏
Cost me ten grand to learn this and a little more nearly 20 years ago. Talk about trickle down. Anyhow.. knowledge must be applied to be powerful.
Great info, I'm glad I did this from the start. Glad to know I am on track.
loved the bloopers at the end!
Robert you're a True Selfless Teacher,this 12 minute video is probably worth thousands of dollars,and rightfully so.
so whos name do i put it in?
So what kind of.lawyer should we look for to help us protect.assets
Corporate attorney
Lesson: Get an attorney
Spoiler: This is an advertisement
Step 1: Be an equities trader.
Step 2: Don't ever worry about getting sued. No direct clients. No direct employees. No direct PEOPLE. No direct PROBLEMS.
You can set these up yourself, I have.
Alan Ayala What tools/instruments/books will help get started with the process of “do-it-yourself” asset protection?
You can definitely set it up yourself, just like how you can do your own home's plumbing, but you're better off with a professional unless you're very confident you won't screw something up.
Attorney is only once’s u have reach success in making a lot of money so u don’t get sued and have to start over , if u have nothing to lose when u fresh start then u don’t need one because u have nothing to ur name if u do get sued
This is so damn informative!
I didnt know this.. thanks!..👍👍😊
Is this only for Renting out property? Does this include Home owners, investments in stock market as well as Oil, Gold, Silver?
Everything
I did loose all,
And im happy 🙏🙏🙏 😀
Materialism is ok but when you own it's a problem.
Just enjoy but not need to own it.
Depends how and what you own :) If its assets with positive cashflow it is definitely a great thing to own it - not personally though, but in your cooperation :)
One of the bestever, have no idea how I have missed it for a year n a half plus. Thank you very much. Alexandra is a perfect addition to your team. Thanks again
I think the girl needs protection. He keeps looking at her every 10 seconds LOL
Omggg I was thinking the same and No one was talking abt it 😂
U just read my mind
they have been in many interviews. I think keeping an eye contact is polite, but idk. Srsly, yea its creepy
I thought it was because he want to make sure she understands.
yeah, he was so bad it looks like he lost his mind
Hate the fact that there are ZERO follow-up questions being asked on any of these videos.
Amazing video! Love the format!
I like how at the end she clarified “We listen to smart people who know what they’re doing...” haha
I'll praise you, you praise me. It's a Limited partnership. Let's talk our business, our story - they would watch it, we control their emotions though we don't own it.
WE ARE RICH !!
9:23 that´s why people don get rich, cuz they are not prepared to get richness. They would loose it all if they don´t know how to keep it and increasing it. That´s why study is very important.
Robert Kiyosaki: Someday you will lose everything.
Ferris Fitzgerald: Invest today and own everything.
Me: Invested and just got a new car.
Thanks to Mr Ferris Fitzgerald for helping me with my investment.
Congrats!!!!
How can I communicate Ferris Fitzgerald been hearing lots of good feedbacks about him
The investment we make today determines our financial status tomorrow
Cindy Morley Communicate Ferris Fitzgerald on Whâtsâpp
+44 7723 716941
I want to buy the new Tesla CyberTruck I guess if I invest with him for 6 months I will be able to do so
The problem is a lot of Robert's philosophies don't apply in the UK, we can't get 100% mortgages out here. Nor do corps/Ltd's get as many tax breaks as they do in the USA, Rob needs to write a UK specific version of his book. lol
Yeah i have the same challenges because im in Denmark. But you just gotta figure out what the differences are and adjust accordingly - no other way unfortunately. The thing about not owning personally but in cooperations that doesn't have personal accountability still applies though but things like rental laws and yeah mortgages+bankloans are a bit different. You probably have like a 80/20 system when it comes to buying real estate over there? We have 80/15/5 here, where 80% is the mortgage, 15% is the bank loan and 5% is the down payment (usually that's how it goes).
Never put more than 5% to 10% as a downpayment plus loan origination fees/closing costs/other expenses related to the LTV amongst others to buy anything, it makes no sense. Finance all that with personal loans, personal and business credit lines and credit cards, or other debt instruments if possible. No reason to use one's own money
Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in it but I'm gonna need an assistant from any trusted and productive professional
@@elizabethamy4690 You don't really need someone to tell you how to invest your coins, you can make research on your own and also try doing it yourself first.
@@elizabethamy4690 I will recommend Smith Logan for you he's strategies is working for me at the moment and making good profit from bitcoin trading
@@nwajimichael384 Wow I'm just shocked you mentioned and recommended Smith Logan, I thought people don't know him... they're really awesome!
@@thomaswilliam4514 Haha you don't have to be surprised Smith Logan is really good and everyone loves genuine services, he helped me recover what I lost trying to trade on my own
Love this! Gotta make sure you're covered and don't have assets in your name if you can help it! Get to know a good lawyer folks :)
100% true. Huge mistake to have those assets in your own name.
BEZOS JUST DEVORCED RECENTLY. I WONDER IF HE OWNED ANYTHING
Nope he only made $80,000 in 2018...
He doesn't own nothing but manages the company 😌..
He owned half the shares in his legal fiction Amazon. "After the divorce in April 2019, she received $35.6 billion in Amazon stock and became the third-richest woman in the world." She now owns half of his shares.
Great video... I’m moving my assets ASAP!!!!! Thank you!!! Letsssgoooo
Best video I've ever seen about protecting assets. Thank you Rich Dad!
So if someone like kiyosaki has someone like Garrett on their team. Garrett knows what kiyosaki doesn't and learns what kiyosaki knows, why isn't Garrett just as rich as kiyosaki where he doesn't have to do this job anymore.
You're forgetting a critical point,not everyone wants to have 80 Million dollars.
@@kelvincruz7851 and you think Garrett doesn't?
@@Benedict00_MankoMuncher i don't know either, im just giving my objective opinion maybe you should ask him.
Love what he does. And I'm sure he's not poor.
If you were listening, at the end he said "this is all I do". However, I think you will find he has assets of his own. I'm a new entrant to a multi-billion dollar real estate industry in Australia that essentially, no one hears about. There are specialist lawyers, accountants, financiers and agents in the industry. Of the ones I am using, the only one who I don't know owns the same class of assets is the lawyer. She won't tell me, she's a lawyer :D
Thank you so much for this information
There is no guarantee that a judge will not break through these protective entities and place your assets up for grabs. I've done huge amounts of research and I think it might be more cost effective to just have really great insurance policies plus a large umbrella policy. I am not against LLCs or LP's or corporations. But they do make the accountants and attorneys rich. Do your research and
make up your own mind.
Could you please elaborate on what do you meanby insurance policies and umbrella policy.
Exactly it's called piercing the corporate veil... Insurance and equity strip is the best..
@@Metrowhite liability insurance..
was concerned with board and corporate jackass liability insurance on llc
Piercing the corporate veil does happen, but I don't think it is a valid reason to ignore setting up a corporate entity. Piercing the veil is more common when the entity is used as a shell to hide from corporate misconduct or illegal activity. The protection will be a lot stronger if you keep your personal finances and assets totally separate from the finances and assets of the business. That means separate bank accounts, credit cards, and loans. Use business assets for business only. Don't go drag racing in the company car. Get professional help to setup an entity the right way, keep your finances separate, and don't do anything illegal or unethical, and you will get a lot of protection. If appropriate, you can still buy insurance for more protection.
Reminds me of the joke “How to get rich.” Step one, get a million dollars. Step two, Learn how to protect your money and I only teach step 2. 😂
All four of you posted very valuable video. Thanks