All this has taught me is to not live beyond my means. I just paid my car ,I cook at home , don’t go to restaurants anymore, I have the same clothes for years, I paid my phones off. And life feels great. Going to the beach , mountains , lakes/parks don’t cost that much. Life is great when you have Jesus Christ in your life ,blessings to all
I got caught in that 2008 debacle loaded up with debt. It took 10 years to get out from under it and lost my house too. It won't ever happen again. Respect yourself and live within your means without debt. You'll be so glad you did when hard times hit.
You don't buy a house thinking you'll sell it in 10 years and make a profit. You buy a house so that you will have a roof over your head when you retire.
@@toad4ever103 I think what he meant is buying houses NOW, not 31 years ago. People are able to pay off their mortgages in 5-10 years in the past. Not anymore.. they have to get into 30year debts in the prime of their working life, and end up with little to nothing left to retire.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How do I get involved in this? I am excited to take part because I genuinely want to build a stable financial future. Who is the main inspiration behind your accomplishments?
My CFA, Sophie Lynn Carrabus is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Seems like the prices are rising for basic needs such as food, housing, medical services and car ownership. Without transportation how do you work. So many towns do not provide public transportation...
It is deliberate… so sad, unfortunately it had been this way since the US’s inception 😢they believe we are no more than cattle if we can’t figure out the mathematics to the economic system 🤦🏻♀️
@tariqaslam1853 I think it because they're suffering from Cognitive Dissonance and that the problem is just too complex and all encompassing that they refuse to or can't get a grip on it. And then we have the "chosen ones", sitting on both of their shoulders. They'll never admit that piece of it.
I read your book Robert, in 1994 when I wanted to start my business. I just finished my 30th year. Still small business, one girl shop. Thank you for all your info in your Rich Dad book. It allowed me to have my small business, home-based, and i raised a family and worked at home doing what I love. For a Mom, its been a great ride. THANK YOU ❤
meli: Rich Dad Poor Dad. Read it, study it... live well, within your means, save money no matter how... don't worry about 'keeping up'... keep learning money is a tool you can control...
@@bernardmenard3056cmon he’s afraid for his life his family life and everything he might have accomplished in his life. That was a survival call. He should retired and move after this 😂😂😂 it’s hard to go to law school and on top of that become a judge to lose everything bc going against the orange man.. he should 🏃♂️ and go work in private office 😂😂
I have never found much value in "things" aside from the necessities like my home. I don't have debt or money. This way I have nothing to lose and everything to gain & I pray that my gains are more valuable than money!❤
True.. the more you have, the more you have to take care of. I believe less is truly more and helping and lifting others up is necessary for peace in one’s own heart. God is good and we always have Him to lean on to help us through. 🙏 I do hope the world gets back to “Do unto others… “ as that will bring peace on earth.
Well… that sounds poetic and deep and all… but doesn’t make sense. You have everything to gain… but the moment you gain…. You have something to lose, which contradicts the whole “nothing to lose and everything to gain” thingy you started with.
I used to think success was all about working harder. Then I read The Secret Doctrine of Wealth, and it completely shifted my mindset. It’s amazing how much clarity can come from the right book.
Exactly, our life eternal is what really matters. All this material chaos going on are human issues. But as tough as this life is, it's a training ground, and a school to strengthen the soul and spirit 🙏💚
Bottom line what you earn or what you lose, when you die, you take nothing, just as you came with nothing , So what profit to a man if He gains the whole world, but loses His only Soul ? I love it when He stated Don't drink the Kool-Aid...
I've been poor my entire life. By the time all of my bills are paid, I'm lucky if I have 2 penny's to rub together. Therefore, if they take what I do have, they won't get much, and I won't lose much.
The Stake Holder Corporate Neo Liberal Capitalists will have to take from the middle class and people who think they are rich but not rich enough to join the super elite hence the fire storms
You won’t have to jump out the window like the ones who lose all their money. The nicest people are the poor who add water to the soup and food banks to take care of each other.
As a former renter, a home represents stability for family & kids, we can have 3 dogs... i can paint a door or cut down a tree on my property and not get approval - we all have to pay someone, but nothing worse than paying RENT & property owner does nothing to fix or upkeep.
What tends to get lost is that the best investment is in YOURSELF. It makes no difference how much is in your bank accounts or stock holdings if you die or are incapacitated due to poor health. Instead of sitting at the computer all day wealth-scheming and eating takeout, go for a walk or cook some decent food. Play with your kids/grandkids/dog. A healthy/happy person is likely less likely to end up poor, as good physical and mental health lead to better decision-making. To me, that's the truth we shouldn't be running from.
Everyone's truth is different. Most of us are worker ants, and that's just the way it is. If everyone was successful, real-estate investors, investing in real-estate wouldn't be successful. That makes sense in my head😂
American citizens should take back their power and not buy anything but food for your family for the next 12 months. The government will hear the people real quick then.🇺🇸🙏❤️
Seeds and food, and prepare to not rely on utilities that we take for granted…heat and power sources, water, gasoline and other forms of transportation.
@@imarte_x I disagree..for me personally it was a win-I recovered my initial investment in my residential income properties in 26 months..everything I’ve made since has been pure profit which I have put into what I feel are solid investments..and made a lot more $ this way than the 401K would have. I no longer have faith in 401Ks…I know many who have lost so much…some who had to come out of retirement just to survive. I am in much more control of my money this way. Again-for me this was a win!
@@imarte_x you're still getting it wrong. All money is debt always will be. If all debt in the entire world were cashed in at once there isn't enough to satisfy the debt. Read the book Modern Money Mechanix and you'll understand it was all created out of nothing by those in power to keep everyone slaving away toward the people in power doing making and achieving whatever they want.
RK is richer than me and based on experience he is smarter than me. I have read his books and I agree with about half of his stuff. the more you have the more his stuff works. So to get “Closer to YOUR truth” calculate how close to living on the street you are. Study Buffet, RK, and Ramsey AND develop a skill you can make money with. Constantly asses risk and don’t count on luck. Develop your faith, character, family, and relationships and count your blessings. My greatest hope is to die an honest man who made the world better.
@YHVHYeshua i apologize but I don't buy into you have to know jesus. I believe I don't have all the answers, but I do see the grand design. So many cultures, so many religions..to say i am the right way..I just can't.
That's great advice... If you don't know what money is... Don't go in to debt... Here is some more great advice... If you want to live a much less chaotic life... Don't go in to debt. Money is chaos... Debt is chaos on steroids.
Yeh but we don’t teach any of this in school. You graduate knowing NOTHING unless your parents knew enough to teach you. Once you get into debt they have made it so difficult to ever get out of it. Throw in a sick partner or child or one who cannot work and you are buried. everyone acts like you are awful and irresponsible but the system is meant to hold you down.
I’m building a low-cost house in the Australian bush on land I already own. The house will be mortgage free, paid for by money I’ve worked for over a long period of time. It isn’t much but it will be mine.
Poor people know how to be poor, rich people don’t. We are not stupid, we find other ways to live, we barter. If we are smart we batten down the hatches and call on our skills and resilience to survive. Communal living, job sharing, and smart simple choices. If I do not have the cash , I do not get it, no debt! Needs and wants become clear when you are financially challenged, we get it. Hopefully we toe the line. This is destruction of the rich. Get ready for big changes.
@moirathompson310 Residential prop prices are still up, but no one other than investment firms are buying. If you sell, they will lowball you. We're lucky, our prop is paid for so we only have the $500/yr in prop tax. Once these institutional investors crash, expect the housing market to collapse as the market is flooded by their inventory being dumped on it. That's when you try to jump on the place you always wanted
Rich people convincing regular people not to buy property is the real deception. Just don’t over extend yourself by buying to much house. Buy land. Buy homes. It’s the only realistic way for the “true” middle class to build wealth. The more these rich investors convince you otherwise the better for them…if they keep it up you will all be renters here soon.
@ It was a general statement. Not specific to any one financial guru peddling picks and shovels on social media….but thank you for clearing that up for us…we’d be lost in this world without you.
I’m 40 and hit 40k a year. But now houses are 250,000 to buy and most cars are 100000 brand new . So 350,000 for a house and car. By the time my 40k a year gets taxed it’s 27,000 . With that being said for those two big ticket items it will be every dollar made on my salary for 13 years not to mention the interest that’s not even tacked on .
Hang on! Prosperity blessings will be delivered by Trump! Nesara! He was alluding to MANY of the components of this LAW signed in 2000. We’re only 24 years beyond due to distractions. This was supposed to be revealed on 9-11. Pure evil, going down.
Hang on! Prosperity blessings will be delivered by Trump! Nesara! He was alluding to MANY of the components of this LAW signed in 2000. We’re only 24 years beyond due to distractions. This was supposed to be revealed on 9-11. Pure evil, going down.
All of this money info is good, but it’s not relative to today. Real estate is going to take a hit. But ultimately, we’re not gonna need mortgages anymore because we’re gonna pay cash for our homes and everything that we desire! We are wealthy and we just don’t know it yet. Think about it. If the Federal Reserve, who is no more federal than FedEx, can print money, why can’t they print enough to cover the fucking taxes? Why do the people have to be debt slaves? Pay to LIVE! It’s the way the system was set up. We were never meant to prosper or be healthy. All of this is changing starting today! Fuck Democrat policies! That party is dying today! Exposed! MAGA! 🇺🇸🇺🇸🦅🇺🇸🇺🇸
Because the outgoing evil doers kept printing to their hearts content. Biden will go down as the president who racked up more on the debt then any previous president.
It’s interesting how much Robert discourages homeownership considering he holds lots of rental properties. Not everyone is cutout to be an entrepreneur. The economy is designed to benefit the asset rich vs cash rich. I think a lot of people who took Robert’s advice to rent at the time when rich dad poor dad came out, they wished they could’ve bought a house and insulate themselves from the huge rental increases you see today.
Exactly my son thought I was crazy for saying that I thought that was bad advice.. now he looks back and agrees! Now he can’t get married and have children and afford rent at the same time.. it’s either one or the other and he has a good job! He feels he will never own a home or have children 😔💔
To me it seems as if he talks in circles. "People run up to me and say I took your advice and bought rental properties".......... and he is talking like that was foolish. 🧐 without an explanation.
I was born with nothing. At 17 I drank alcoholicly for 17 years. At 19 I was addicted to gambling for 43 years. At 62 I went through bankruptcy. Today I survive on a government pension. I went through 2 breakups costing me $200,000 with the same lady. Life can tough
If you have money you have debt. Every dollar you make or "own" you owe plus interest. If you’re writing RUclips comments, I would say you’re certainly poor and in debt to the ruling class no matter how you look at it
I bought five years ago, a house for cash and renovated what needed to be renovated; and I'm not faced with a mortgage or monthly rents that are out of control, leaving renters hostages to the landlords who raise rents all the time to meet market demands.
Instead of seeing vacant office buildings used for homeless, I would love to see investors turn them into greenhouses. Supply food locally, even in inner cities, to fight inflation and create more jobs. Just a thought I’ve had… no idea how to get something like that started.
I declare the youth have within them the ability to create new solutions for all broken systems. Let's put these systemic problems to them and watch what they come up with.
Great idea - let half the building be homes for homeless and the other half is for greenhouses that the homeless can be taught to tend and make an income and supply the cities with food!
@@markhalpin9711 we need them to stop contaminating everything and let us have good quality food or at least be able to grow what we need if we choose to do so! Stop trying to control everyone life! The world was ok until all these controll freaks came and it’s getting worse! Stop the madness
Most Rich people don't know how to be Poor but Poor people know. We will certainly find other ways to live, Barter Trade, Communal living, job sharing, and smart simple choices. That's how we will survive,
Im a Pigeon breeder. Im my lifetime, ive been a convenience store ckerk, a forklift driver, a purchasing agent, a warehouse manager, a truck driver, a barber, a plumber, electrician, drywall finisher, and a carpenter. Im retired now, nothing but a damn pigeon breeder.
Simmilar here. I've worked in kitchens, factories, a route driver, got a degree spent 25 years as a professional. Now I'm a gardener, do a bit of home repair, bricklaying, making primitive jewelry with grinding and polishing ordinary rocks. And I walk my dog about a thousand miles a year.
@@phild8095 Nothing wrong with that, I'll be throttling back soon too, going to retire early, Just do small jobs to keep skills alive and a bit of cash to cover the GruBernments daylight ROBBERY for NO services.
Our founders were freemasons and helped to build this illusion of freedom. There is no Man more hopelessly enslaved than the one who thinks he is free.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
The XL pipeline extension brings Canadian Oil to export out of the US. There is plenty of oil being pumped here, 13 million barrels a day. The US oil companies do not want to pump more because they don't want the price to go down.
I'll let you in on a secret from a Chevron executive... The Middle East is sweet crude very cheap to process... That's why they do everything not to use American oil it is not sweet crude it is dirty and costs more money to refine so they rather get it cheap off the Middle East... Americans don't die for freedom All We Are is a corporate communist state... Young men and women die for oil companies so their sons and daughters can be rich... Off the blood of yours and mine..
@@amandamaguire3599He also said a Waygu steak cost $25. Maybe 2 bites of it, 😂. And inflation is no longer at 7%. It’s half that. But once trump gets in, he’ll trash the economy all over again.
@@diannemarchese4808the economy has been trashed ever since 2019 and Trump just like the clown show we’ve had for the last four years isn’t going to change anything.
No matter what gold silver and land only things that matter,i own my farm a thousand acres paid for but will buy more when it takes a dump.this is return of the 70's and 80's
For the past 30 years, I've managed my portfolio independently. I own three shares of Berkshire Hathaway Class A stock (BRK.A), which I bought for about $17,000 each in the mid-90s. Currently, I'm liquidating some positions to incorporate new generation stocks. However, I'm wondering if it would be wiser to reinvest in gold due to the current instability of the stock market.
The market doesn't have to feel like a rollercoaster if you know your way around. There are various opportunities to profit in the current market. If you're not too savvy, consider buying and holding strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. I've seen a 418% increase in one year under guidance.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Diana Casteel Lynch is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
Buy things you need. Food. Gas bottles . Stoves. Water bottles. Items you need in case of emergency. Silver, gold platinum . This is what I started doing 2 years ago when I realised things are going to get very odd and very bad quickly. Money will become useless in the bank and in thr safe
Men like me who never used a Credit Card, not on a Regular Basis, yeah when i had Children, a Wife, Working 80 hours a Week, today I just sit, and watch this Country fall… If People knew, if they really stopped and researched One Hour a Day, they too would take a Seat, have a Xanax, and Pray, because it’s all over with, and they just don’t know it yet! But they will, it’s going to be really sad… Where are the 300,000 Children? Everyone knows that there is a Devil, but deny Jesus the Christ, i can only feel sorry for our People!!!
When the interest is up, you can always negotiate the price down, buy it and refinance when the interest go down. Because when you wait until interest is down to buy, the price will go up . I would say, be smart, watch and be cautious. I’ve been hearing not to buy for tens of years. Some say keep the cash, the others say get rid of the cash. And when you watch what they are doing, they are doing exactly opposite
we embraced Dave Ramsey‘s philosophy, almost 30 years ago. today everything is paid for. House, cars, businesses, purchases are made with cash. Except for that one pick up truck because it was a 0% interest rate.
I have 3 gen ex daughters. I currently own two homes and that is why I tell them when I die take care of what I've been able to obtain because the way things are idk that you will be able to one day buy a home.
What are you doing wrong. I have two kids born in the early 1990s and 2 born in the early 2000's and they are all loaded. They all do commoner jobs with no great income, but what they did learn was if i don't need it, why am I buying it. Something lost on the 99.9% born from 1991 forward.
@@partytime1868 @vertigo2112 (AKA RUSH FAN) just doesn't know how to handle his money. Honestly that is the problem in 99% of supposed money issues with people. The people I know that all have money issues buy shit they don't need and do it as often as possible. Way too big houses, way too expensive cars, $7 coffees, cant stay off of Amazon, feel the need to never miss out on a restaurant meal, and other stuff that steals you r money from you. The answer is simple, Do not spend more than you make and you cant go broke.
This mentality keeps poor, in the rat race. Debt buys time and gives you cash to make deals. To trade to get a property, etc. It’s a risk but if you can find a good opportunity the interest and potential loss will be outweighed by the gain. Risk management is what separates rich and poor.
So you trade in your time for money that is debt and owe 365,000 to pay off your portion of the national debt but you're afraid to leverage a loan into equities....🤣
@@fishguru73 you nailed the point on the head. It’s literally already debt why not find ways to use debt to make money and spend tax free. It’s not easy but the concept shouldn’t be hard for others to understand. I feel like this is why so many people are stuck. Saving and saving to death to try and attain assets. Most of time settling with a cash drain of a 30 yr mortgage on a house that doesn’t get used like a cash generating asset. Just living in it and never renting it out, selling or anything. Gotta keep moving and acquiring more assets whatever your choice is. Real estate, public or preferred stock, bonds, gold, crypto, etc.
If things happen the way they say it will. Everything will become free in America. Just saying. There will be no sense in buying gold if the system fails because everyone will be a target. Best advice, live in a small town. If anything with land.
I really don't remember property prices crashing that much in 2007. Property prices were still way out of reach for the average working man. Property hasn't been affordable to working families since the late 90's. Remember the ongoing agenda & that you'll own nothing & be happy because that's what all this is about.
Residential real estate prices fell more in the 2008 financial crisis than at any time in U.S. history including the great depression. Whether real estate was then affordable to you depended on where you lived and how much your income was. There are many places in the U.S., still today, that have affordable housing, it's because less people want to live there.
I don't know where you were but price is crashed. In 2008, my aunt's Villa was worth $110,000 after the crash in 2010 the assessed value on her Villa was $32,000 by the Miami Dade county property appraiser
Well throwing your money away on rent is not smart either. I bought my modest little home 5 years ago and I’ve already increased my equity over $200,000 and my interest rate is 2.75%. I couldn’t afford this property now. I also get write offs on my taxes. I’m able to do whatever I want to my property. Paint any color, change my kitchen, etc. if I’m a renter I don’t know when my landlord will ask me to move out and I will have to move again at usually a higher rent.
If we get rid of the system, that will help take care of some of this right off the bat. No bad loans means no crashes and no opportunities for these people to make money off the crashes.
The US is one of the largest exporters of oil and natural gas. So if we started drilling more domestic oil and gas, the oil companies would have a larger incentive to sell it abroad where they can get more money per barrel than they can selling it at home at lower prices. Short of regulating oil exports, keeping it in the ground is the next best thing. We in the USA are already oil independent.
70% of your heavy crude oil comes from Canada and most of your oil refineries are set up to refine heavy crude oil instead of the light crude oil found in the US
Im a simple man... I have a small house that I bought when real estate was at its lowest, a truck and a small fishing boat... people who buy to show off and to keep up with the joneses always get screwed in the end... when you grow up extremely poor like me it doesn't take much to make u happy and successful....
I live in Melville on Long Island and what you say about turning office buildings into residential buildings is happening here, albeit in the infancy stage. It’s called the Melville Housing Overlay. It’s actually a “renovation” of office area to a mix of office, residential and commercial (restaurants, shops). I could be a great idea but the fact it’s happening is bad.
The owners of commercial property did not have much of a choice. Many of these were abandoned when companies allowed workers to work from home. Once these leases expired what would you do as a commercial property owner?
I used to like this guy in the 90's but I realized he likes to scare you so you get hooked to listening to him to make money off you. He's just another millionaire hoping to profit off you.
He says you shouldn’t buy a house. He says stocks are going to tank. He says we’re going to have more inflation so obviously holding cash or bonds is not good. So what would he suggest? I’d rather own a house than bonds or stocks that can tank in price.
The cabal. The secret cabal. That's why Rome had so many lead pipes. They started the Russian Revolution and put Hitler in power. The cabal is the reason for the Jewish Diasporia, to spread them around the globe so they could control everything from the banks to the weather. The cabal brought smallpox to North America to depopulate the land for white people. The cabal controlled the government from Adams to having FDR start the New Deal and social security, made sure Truman dropped the bomb, JFK got assassinated, LBJ started the Great society, Nixon took four years to end the War in Nam, and started the EPA, Carter started FEMA, and even got Biden elected to get more migrants in the country. The cabal started the lottery so poor stupid people would pay more taxes and I could pay thousands less taxes over my lifetime because I am smart. I love the cabal. So many things that cabal did. And why? Just to make some paranoid people miserable and reduce my tax burden for years. I love the cabal.
"The further you are from the truth, the poorer you are". Very true. Sounds just like the Book of Mormon's "If ye keep my commandments ye shall prosper in the land."
@jmoney8926 Sounds like you relied more on the church, and humans, than on God...hope you can keep God's commandment to forgive as you have been forgiven and prosper further as a result :)
We have removed ourselves about 85% from the banking system. Our account holds only enough to pay the bills. We emptied our savings & 401k and put 1/2 in both silver/cryto and our crypto has doubled. We also put 10k in dinar, dong..etc. when those countries ditch the dollar and revalue their own currencies, we'll be invested there. We've ditched the dollar for the most part.
@Ogalleria Dinar is Iraqi currency and Dong is Vietnam. Many believe they will revalue their currencies as they and others ditch the USD. Good luck to you whatever you do.
I have been pressured to sell my house which has increased in value over the past three years. I have resisted for two reasons. First, I wanted to accrue more equity in order to buy a townhouse as my final residence. I think I'll stay put because I am concerned about keeping the house I am already paying on. And it was Roosevelt who took the U.S. off the Gold Standard during The Depression, NOT Nixon. It was since then that the dollare was issued as a "Silver Certificate," not a "Gold Certificate."
I listened to this tripe in 2007 and bailed out of my real estate. I was triple net worth 3 Million. Worked my way up one deal at a time. If I hadn’t bailed out I would now be worth over 10 million. As it is I have only a few hundred thousand. These guys make money anyway they can. Usually flipping back and forth and selling their rants to you for even more bucks. ❤😂🎉😂❤
You mentioned that the Fed will stop printing money soon. That was just about the only hard info you gave us. How do you know this? Can I confirm it somewhere? If true, this would be the tipping point.
Got to work 48-60 hours a week as an RN to ensure prosperity to my family…but just getting by. Hey!! I feel blessed!! At least I have a house a steady career I love and food. A lot of people don’t…but it would be nice to thrive and not be in survival mode anymore..❤😢
Are you tracking the details of distance travelled and total battery charge? Be fascinating to post that in detail somewhere as it seems something wouldn't work optimally.
The law of Conservation of energy states that energy can neither be created nor destroyed, only transformed from one form to another. This means that the system always has the same amount of energy unless it is added externally. Do you think a spinning wheel generates current to turn the wheel? Fuck, it's a perpetual motion machine.
Becoming a good trader takes time and patience. When i first got into crypto trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 2 years later I got back into crypto with $40k and I'm up with $532k in a short period of time. Thanks to Alex Gomez.
I trade with the help of an expert trader, he's the backbone behind my success as a trader, his trading strategies are top notch. I’m guided by Alex Gomez
Living debt free is going to be valid to 95% of all Americans. If the markets go up of down as long as you have no debt and your home paid off, you still come out on top.
So true!! A home paid off , money in the bank ( at least you know where you stand) no ups or downs. Invest too but in most cases you’re almost afraid to touch that money. 😂
I am poor because it is what it is. And I am glad of this. I have no bills, not like you ! PS . I do not ' O ' anything to anyone, not like you. YES, you are reading this .
If the money never existed before the loan debt, once a debt is paid in full (plus interest), who gets all the money that you paid? I would assume it’s lended out again but considering that the money never existed to begin with, that’s a lot of freaking money that someone is getting simply for entering a number into a computer.🤷♂️
yep. core sources of power : who makes the law, who can enforce it, who prints the money. USA and westenr world countries have slightly different roles here, in the USAs printing money is done at the expense of 'partners' (US dollar being the reference money) and in Europe for example, money is printed by private sector (so you can vote all that you want, if the bank says no, their is no way to enforce any policy) Until dollar's monopoly falls, which is happening possibly at the moment (cf. China and BRICS) and triggers a feedback on real wealth when 'quantitatively easing'...possibly a macro mechanism, 'quantitative tightening' being a way to try and keep a strong dollar, for international leadership purposes.
One of Bernanke’s quotes is painted on the wall inside LSE London School of Economics. His expertise is supposedly the Great Depression and stock market crash of 1929. The current LSE Professor to pay attention to Keyu Jin and her book The New China Playbook: Beyond Capitalism and Socialism.
I started out with nothing and I’ve still got most of it left.
😂
😂😂
Love it 😂
😅 Good one!
lol 👍
All this has taught me is to not live beyond my means. I just paid my car ,I cook at home , don’t go to restaurants anymore, I have the same clothes for years, I paid my phones off. And life feels great. Going to the beach , mountains , lakes/parks don’t cost that much. Life is great when you have Jesus Christ in your life ,blessings to all
As the bible recommends...keep your eye simple
Absolute divine truth ✝️
100%
Simplicity is the way.Enjoying moments in nature is the "medicine" for a good life.
I got caught in that 2008 debacle loaded up with debt. It took 10 years to get out from under it and lost my house too. It won't ever happen again. Respect yourself and live within your means without debt. You'll be so glad you did when hard times hit.
You don't buy a house thinking you'll sell it in 10 years and make a profit. You buy a house so that you will have a roof over your head when you retire.
You're right. I've been in my last house for 31 years now. They'll have to take me out on a stretcher to get me to leave.
@@toad4ever103 I think what he meant is buying houses NOW, not 31 years ago. People are able to pay off their mortgages in 5-10 years in the past. Not anymore.. they have to get into 30year debts in the prime of their working life, and end up with little to nothing left to retire.
Totally agree with you
@toad4ever103 how much insurance and taxes went up?
Agreed, no doubt, and I'm blessed. Praise Jesus!!😍
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How do I get involved in this? I am excited to take part because I genuinely want to build a stable financial future. Who is the main inspiration behind your accomplishments?
My CFA, Sophie Lynn Carrabus is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Bunch of crooks around I don’t need nonessential stuff I need peace family safe and FOOD and shelter. Thank you
Amen hallelujah Amen
I want my MTV
Seems like the prices are rising for basic needs such as food, housing, medical services and car ownership. Without transportation how do you work. So many towns do not provide public transportation...
Yes, and good health.
@ especially if you get off late at night after the buses stop running,
No such thing. Property taxes for homeowners are eternal rent.
Exactly mate. We don't really own our properties. It's all a scam. Stop paying your property taxes & see who owns the property then.
You can always sell.
Keep going with that thought and see if you like driving on mud roads or gravel roads.
Biggest scam to saying we are free is proptax
Better than renting. Renters pay the landlord's mortgage, property taxes, and upkeep.
It's deliberate.
ALL of it.
Every single facet of this nightmare.
If only people knew......
It is deliberate… so sad, unfortunately it had been this way since the US’s inception 😢they believe we are no more than cattle if we can’t figure out the mathematics to the economic system 🤦🏻♀️
What nightmare are you talking about ? I'm getting rich as fck
@Sobarista Humans ARE cattle in their beady little serpent eyes.
Since the beginning of the banking system. People are so scared they can't deal with the reality.
@tariqaslam1853 I think it because they're suffering from Cognitive Dissonance and that the problem is just too complex and all encompassing that they refuse to or can't get a grip on it.
And then we have the "chosen ones", sitting on both of their shoulders. They'll never admit that piece of it.
I read your book Robert, in 1994 when I wanted to start my business. I just finished my 30th year. Still small business, one girl shop. Thank you for all your info in your Rich Dad book. It allowed me to have my small business, home-based, and i raised a family and worked at home doing what I love. For a Mom, its been a great ride. THANK YOU ❤
So what do you do?? I gotta know!!! (And good for you!)
Same here… I am a single mother of five, three kids still at home, I’m also a stay at home mom because I started my own business years ago from home.
What is the name of the book.
Rich dad poor dad@@melisentiapheiffer3034
meli: Rich Dad Poor Dad.
Read it, study it... live well, within your means, save money no matter how... don't worry about 'keeping up'... keep learning money is a tool you can control...
Corruption starts when there is no accountability or lockups held in bad government
That judge that decided to wait for Trump sentencing should be investigated.
We've been under incompetence at every level for decades now.
Exactly!!
@@bernardmenard3056cmon he’s afraid for his life his family life and everything he might have accomplished in his life. That was a survival call. He should retired and move after this 😂😂😂 it’s hard to go to law school and on top of that become a judge to lose everything bc going against the orange man.. he should 🏃♂️ and go work in private office 😂😂
You described every leader we ever had
I have never found much value in "things" aside from the necessities like my home. I don't have debt or money. This way I have nothing to lose and everything to gain & I pray that my gains are more valuable than money!❤
Same. I sold everything and live in a bus off grid. I just can't do the rollercoaster anymore and I love my rural quietness.
Nicely said !
True.. the more you have, the more you have to take care of. I believe less is truly more and helping and lifting others up is necessary for peace in one’s own heart. God is good and we always have Him to lean on to help us through. 🙏 I do hope the world gets back to “Do unto others… “ as that will bring peace on earth.
Great quote 👍 👌 👏
Well… that sounds poetic and deep and all… but doesn’t make sense. You have everything to gain… but the moment you gain…. You have something to lose, which contradicts the whole “nothing to lose and everything to gain” thingy you started with.
I used to think success was all about working harder. Then I read The Secret Doctrine of Wealth, and it completely shifted my mindset. It’s amazing how much clarity can come from the right book.
W book
@@Jennyysayou don’t have a patient to write a complete sentence surly you’re not not a reader
Fake 😂
@@zr1vet22 how lol?
The more I’ve learnt the less I work and get paid more.
I may be poor in money, but I am rich in eternal blessings! Thank you Lord Jesus for paying my debt in full!
You got that right...we can't take the money, house or car with us when we die. 👍🏻 Jesus promised eternal life to those that call on Him as savior. ☝🏻
Amen
Amen
Exactly, our life eternal is what really matters. All this material chaos going on are human issues. But as tough as this life is, it's a training ground, and a school to strengthen the soul and spirit 🙏💚
❤amen❤
Bottom line what you earn or what you lose, when you die, you take nothing, just as you came with nothing , So what profit to a man if He gains the whole world, but loses His only Soul ? I love it when He stated Don't drink the Kool-Aid...
He keeps pouring the Kool-Aid and filling up your glass😂
@@teriliebmann3491 No, This one for You, Drink up, buttercup !
Because while you are living you want to live good
✝️
Yes indeed
There are no pockets in a shroud !
I've been poor my entire life. By the time all of my bills are paid, I'm lucky if I have 2 penny's to rub together. Therefore, if they take what I do have, they won't get much, and I won't lose much.
The Stake Holder Corporate Neo Liberal Capitalists will have to take from the middle class and people who think they are rich but not rich enough to join the super elite hence the fire storms
With that concept you are better off deep in debt then you have less than nothing to take 😊
You have achieved inner peace. You will be rewarded with that attitude. Just stay positive
You won’t have to jump out the window like the ones who lose all their money. The nicest people are the poor who add water to the soup and food banks to take care of each other.
@SLF-o2w You are exactly right, I do add water to the soup. Lol. I maybe poor but, I give what I got to help others.
As a former renter, a home represents stability for family & kids, we can have 3 dogs... i can paint a door or cut down a tree on my property and not get approval - we all have to pay someone, but nothing worse than paying RENT & property owner does nothing to fix or upkeep.
What tends to get lost is that the best investment is in YOURSELF. It makes no difference how much is in your bank accounts or stock holdings if you die or are incapacitated due to poor health. Instead of sitting at the computer all day wealth-scheming and eating takeout, go for a walk or cook some decent food. Play with your kids/grandkids/dog. A healthy/happy person is likely less likely to end up poor, as good physical and mental health lead to better decision-making. To me, that's the truth we shouldn't be running from.
ABSOLUTELY!!! 💯
Everyone's truth is different. Most of us are worker ants, and that's just the way it is. If everyone was successful, real-estate investors, investing in real-estate wouldn't be successful.
That makes sense in my head😂
You just wrote the greatest truth in the world. If you don't have your health you have nothing.
American citizens should take back their power and not buy anything but food for your family for the next 12 months. The government will hear the people real quick then.🇺🇸🙏❤️
Seeds and food, and prepare to not rely on utilities that we take for granted…heat and power sources, water, gasoline and other forms of transportation.
Great idea but id add food to that list n encourage everyone to grow gardens.
Yup they only learn when you start taking it back out of their pockets by not buying. Starbucks is learning that. Their greed has cost them.
Agreed!!
I'm all in, but this needs to be organized like the Million Person March. I don't want to stand alone in this.
I cashed out my 401k years ago. I used it to pay off all my debts and never barrowed again.
Beautiful
I did the same, with what I had left I invested in rental property to create income flow…wisest thing I’ve ever done!
You paid your debts with debt money. Unwise decision. Should have invested that money instead and make more money.
@@imarte_x I disagree..for me personally it was a win-I recovered my initial investment in my residential income properties in 26 months..everything I’ve made since has been pure profit which I have put into what I feel are solid investments..and made a lot more $ this way than the 401K would have. I no longer have faith in 401Ks…I know many who have lost so much…some who had to come out of retirement just to survive. I am in much more control of my money this way. Again-for me this was a win!
@@imarte_x you're still getting it wrong. All money is debt always will be. If all debt in the entire world were cashed in at once there isn't enough to satisfy the debt. Read the book Modern Money Mechanix and you'll understand it was all created out of nothing by those in power to keep everyone slaving away toward the people in power doing making and achieving whatever they want.
RK is richer than me and based on experience he is smarter than me. I have read his books and I agree with about half of his stuff. the more you have the more his stuff works. So to get “Closer to YOUR truth” calculate how close to living on the street you are. Study Buffet, RK, and Ramsey AND develop a skill you can make money with. Constantly asses risk and don’t count on luck. Develop your faith, character, family, and relationships and count your blessings. My greatest hope is to die an honest man who made the world better.
It's not easy..but we can sleep at night.
when you die an honest man, make sure you know Jesus, cause honest men still dont make it to heaven... forgiven men do :-)
@ Jesus Christ has always been my Lord and Savior. I have faith that my prayers for forgiveness will be answered.
@YHVHYeshua i apologize but I don't buy into you have to know jesus. I believe I don't have all the answers, but I do see the grand design. So many cultures, so many religions..to say i am the right way..I just can't.
@@harrywensel8456Amen❤
That's great advice... If you don't know what money is... Don't go in to debt... Here is some more great advice... If you want to live a much less chaotic life... Don't go in to debt.
Money is chaos... Debt is chaos on steroids.
Yeh but we don’t teach any of this in school. You graduate knowing NOTHING unless your parents knew enough to teach you. Once you get into debt they have made it so difficult to ever get out of it. Throw in a sick partner or child or one who cannot work and you are buried. everyone acts like you are awful and irresponsible but the system is meant to hold you down.
"You have the power to do what you want to do." Is a dangerous statement. Luigi understood this statement all to well.
And he accomplished nada… new ceo by that afternoon and he will rot for the rest of his pathetic life… try a better idea
At least he got more people talking about the issue
" There's just too much greed and corruption 😮"
Greed is good
And it's going to get worse.
Please switch off the tedious music. You really dont need it. Its frankly annoying.
Fascinating insight. Cheers
😂💀
It’s very distracting
I’m building a low-cost house in the Australian bush on land I already own. The house will be mortgage free, paid for by money I’ve worked for over a long period of time. It isn’t much but it will be mine.
This country has failed all it's citizens! We are struggling to survive!!
You don't even know what real struggle is.But you soon will learn!
@Dan-l2y2rdon't be rude!
Not the country, globalist shills ruined it.
The eagle has fallen....Revelation.
Crooks in Congress
I’d be wealthy if it wasn’t for being so screwed in taxes. Thanks Uncle Sam for all you’ve done for all of us 👍👍👍
Poor people know how to be poor, rich people don’t. We are not stupid, we find other ways to live, we barter. If we are smart we batten down the hatches and call on our skills and resilience to survive. Communal living, job sharing, and smart simple choices.
If I do not have the cash , I do not get it, no debt! Needs and wants become clear when you are financially challenged, we get it. Hopefully we toe the line. This is destruction of the rich. Get ready for big changes.
Absolutely!!!
I was taught to live within my means. Save. Be extravagant in your love, kindness and joy.
Nah go get paid. Stock market is there everyday @andriajerner9837
You are foolish if you believe you can opt out. As soon as your child or spouse needs medical care, you’re screwed, and will be in debt forever.
@
And if you've paid into SS your whole working career, are you supposed to opt out of those payments when you retire? Doesn't sound like a good plan.
It’s crazy how they can tell us these things to our face and then when we want to do something about it, they threaten to imprison us.
During the depression, property values pummeted an average of 75% and as much as 90%. Only a fool would buy now before the dust settles
Exactly! Don’t make sense selling! If you have a roof keep it! Til the dust settles!
I want to get a house so I don't have rent anymore. The market is not worth the risk right now. 😢
@moirathompson310 Residential prop prices are still up, but no one other than investment firms are buying. If you sell, they will lowball you. We're lucky, our prop is paid for so we only have the $500/yr in prop tax.
Once these institutional investors crash, expect the housing market to collapse as the market is flooded by their inventory being dumped on it. That's when you try to jump on the place you always wanted
@@ewetoobblowzdogg8410 already safe and secure! Tks not planning on selling.Don’t live in America
a study of economic cycles, and how the pendulum swings
Rich people convincing regular people not to buy property is the real deception. Just don’t over extend yourself by buying to much house. Buy land. Buy homes. It’s the only realistic way for the “true” middle class to build wealth. The more these rich investors convince you otherwise the better for them…if they keep it up you will all be renters here soon.
Buy the least expensieve house in a great neighborhood.
Exactly Paying rent of 50% more in 5yrs is better than having a fixed house payment?
nobody is saying don't buy land - what he is saying is don't be a sucker and buy at the top. watch the video slower.
@ It was a general statement. Not specific to any one financial guru peddling picks and shovels on social media….but thank you for clearing that up for us…we’d be lost in this world without you.
Yeap
The working class is at the mercy of these private and corporate oligarchs unless action is taken.
I’m 40 and hit 40k a year. But now houses are 250,000 to buy and most cars are 100000 brand new . So 350,000 for a house and car. By the time my 40k a year gets taxed it’s 27,000 . With that being said for those two big ticket items it will be every dollar made on my salary for 13 years not to mention the interest that’s not even tacked on .
What do you do for a job?
Hang on! Prosperity blessings will be delivered by Trump! Nesara! He was alluding to MANY of the components of this LAW signed in 2000. We’re only 24 years beyond due to distractions. This was supposed to be revealed on 9-11. Pure evil, going down.
Hang on! Prosperity blessings will be delivered by Trump! Nesara! He was alluding to MANY of the components of this LAW signed in 2000. We’re only 24 years beyond due to distractions. This was supposed to be revealed on 9-11. Pure evil, going down.
All of this money info is good, but it’s not relative to today. Real estate is going to take a hit. But ultimately, we’re not gonna need mortgages anymore because we’re gonna pay cash for our homes and everything that we desire! We are wealthy and we just don’t know it yet. Think about it. If the Federal Reserve, who is no more federal than FedEx, can print money, why can’t they print enough to cover the fucking taxes? Why do the people have to be debt slaves? Pay to LIVE! It’s the way the system was set up. We were never meant to prosper or be healthy. All of this is changing starting today! Fuck Democrat policies! That party is dying today! Exposed!
MAGA! 🇺🇸🇺🇸🦅🇺🇸🇺🇸
You don't need a new vehicle.. a smaller house, is much easier to heat or cool.
The real truth is American dollar
has fallen tremendously.
They started all this by holding Russias assets hostage. Then the world looked away from the bully
Because the outgoing evil doers kept printing to their hearts content. Biden will go down as the president who racked up more on the debt then any previous president.
The US Dollar was worth $-24.60 in 2023 compared to a 1913 dollar.
Meanwhile, gold and silver go up tremendously
@@adu146 Gold will get alot cheaper when Biden sells off US Gold reserves on his way out!🤷♂️
I want to know where I can get those Wagyu steaks for $25!?
it is American wagyu $25-30 not Japan wagyu $350-500. sold at HEB, and other American butchery
@@SaberXFencer…A fellow Texan I see.🤠
Costco 🤷🏼♂️
Whole foods 😅
Walmart $28/lb ribeye.
It’s interesting how much Robert discourages homeownership considering he holds lots of rental properties. Not everyone is cutout to be an entrepreneur. The economy is designed to benefit the asset rich vs cash rich. I think a lot of people who took Robert’s advice to rent at the time when rich dad poor dad came out, they wished they could’ve bought a house and insulate themselves from the huge rental increases you see today.
Exactly my son thought I was crazy for saying that I thought that was bad advice.. now he looks back and agrees! Now he can’t get married and have children and afford rent at the same time.. it’s either one or the other and he has a good job! He feels he will never own a home or have children 😔💔
To me it seems as if he talks in circles. "People run up to me and say I took your advice and bought rental properties".......... and he is talking like that was foolish. 🧐 without an explanation.
Exactly advice to not buy a house from 2 guys that own 5000 properties. Don't buy, rent from us. Get your "house" in order then look at investing
And that's how the rich get richer because they poor people can afford to own properties rich people constantly make money off their properties
Real Estate is in 7 year cycles, there are times to buy and times to sell, he's not trying to scam anyone, we've been printing too long.
I was born with nothing. At 17 I drank alcoholicly for 17 years. At 19 I was addicted to gambling for 43 years. At 62 I went through bankruptcy. Today I survive on a government pension. I went through 2 breakups costing me $200,000 with the same lady. Life can tough
With zero debt, I can sleep when the wind blows . . . 😊
Same
If you have money you have debt. Every dollar you make or "own" you owe plus interest. If you’re writing RUclips comments, I would say you’re certainly poor and in debt to the ruling class no matter how you look at it
@@mikeyslim09
Too many medical shoots??,!!!😂.
If you receive checks, you are working class. If you write checks, you are capitalist class.
Except for property taxes, gas, electric, water, food, insurance...
I bought five years ago, a house for cash and renovated what needed to be renovated; and I'm not faced with a mortgage or monthly rents that are out of control, leaving renters hostages to the landlords who raise rents all the time to meet market demands.
Lucky you
Perfect
Enjoy it while you can, it wont last. The US is about to go down just like Rome.
I me and myself 😅
@@catherinebrenier7121sooo true❤
Instead of seeing vacant office buildings used for homeless, I would love to see investors turn them into greenhouses. Supply food locally, even in inner cities, to fight inflation and create more jobs. Just a thought I’ve had… no idea how to get something like that started.
I declare the youth have within them the ability to create new solutions for all broken systems. Let's put these systemic problems to them and watch what they come up with.
We need homes for the homeless not expensive organic food?
@@Satari1 I approve this statement
Great idea - let half the building be homes for homeless and the other half is for greenhouses that the homeless can be taught to tend and make an income and supply the cities with food!
@@markhalpin9711 we need them to stop contaminating everything and let us have good quality food or at least be able to grow what we need if we choose to do so! Stop trying to control everyone life! The world was ok until all these controll freaks came and it’s getting worse! Stop the madness
If all you have is money, you truly have nothing at all
This comment is soo underated💯💯💯
Most Rich people don't know how to be Poor but Poor people know.
We will certainly find other ways to live, Barter Trade, Communal living, job sharing, and smart simple choices. That's how we will survive,
Im a Pigeon breeder. Im my lifetime, ive been a convenience store ckerk, a forklift driver, a purchasing agent, a warehouse manager, a truck driver, a barber, a plumber, electrician, drywall finisher, and a carpenter. Im retired now, nothing but a damn pigeon breeder.
Simmilar here. I've worked in kitchens, factories, a route driver, got a degree spent 25 years as a professional. Now I'm a gardener, do a bit of home repair, bricklaying, making primitive jewelry with grinding and polishing ordinary rocks. And I walk my dog about a thousand miles a year.
How do you get those little pigeon girls in the stirrups?
@@phild8095Lol❤
Yea but probably No Debt is all that matters
@@phild8095 Nothing wrong with that, I'll be throttling back soon too, going to retire early, Just do small jobs to keep skills alive and a bit of cash to cover the GruBernments daylight ROBBERY for NO services.
Our founders are rolling in their graves.
Thanks to tricky dick, and straight up all the president's men and straight up to you.
Who the founders?
Our founders were freemasons and helped to build this illusion of freedom.
There is no Man more hopelessly enslaved than the one who thinks he is free.
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
When a real state tycoon says anything bad about real state , you know they're scheming
Yea exactly! Because at the end of the day you need a roof over your head. It’s either you paying rent or a mortgage
Kiyosaki is not a real estate tycoon.....he doesn't own anything...has been broke for years......
@chadhaire1711 that's false. He's in debt with banks, but pays on those debts through rental income. Dude is rich, $100mill rich
Successful people don't become that way overnight. What most people see as wealth, a great career, purpose is the result of hard work. 🤑🤑
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
Indonesia Officially join BRICS jsut few hours ago.
talk about it sir
Personally I will buy a lot of BRICS. It's still cheaper than the dollar and it's now backed by gold unlike the usd
XL pipeline was not USA. It was Canada. Rich is getting richer.
The XL pipeline extension brings Canadian Oil to export out of the US. There is plenty of oil being pumped here, 13 million barrels a day. The US oil companies do not want to pump more because they don't want the price to go down.
I'll let you in on a secret from a Chevron executive... The Middle East is sweet crude very cheap to process... That's why they do everything not to use American oil it is not sweet crude it is dirty and costs more money to refine so they rather get it cheap off the Middle East... Americans don't die for freedom All We Are is a corporate communist state... Young men and women die for oil companies so their sons and daughters can be rich... Off the blood of yours and mine..
Thank you. When he said we stopped drilling I immediately knew he wasn’t a reliable source
@@amandamaguire3599He also said a Waygu steak cost $25. Maybe 2 bites of it, 😂. And inflation is no longer at 7%. It’s half that. But once trump gets in, he’ll trash the economy all over again.
@@diannemarchese4808the economy has been trashed ever since 2019 and Trump just like the clown show we’ve had for the last four years isn’t going to change anything.
Bottom line is: everything is manipulated by the invisible power printed on the back of a one dollar note...
Just wait 'til that eye blinks!
Exactly
Make all forms of currency banned
No matter what gold silver and land only things that matter,i own my farm a thousand acres paid for but will buy more when it takes a dump.this is return of the 70's and 80's
For the past 30 years, I've managed my portfolio independently. I own three shares of Berkshire Hathaway Class A stock (BRK.A), which I bought for about $17,000 each in the mid-90s. Currently, I'm liquidating some positions to incorporate new generation stocks. However, I'm wondering if it would be wiser to reinvest in gold due to the current instability of the stock market.
It's wise to diversify investments into real estate, gold, ETFs, and high-yield savings accounts.
The market doesn't have to feel like a rollercoaster if you know your way around. There are various opportunities to profit in the current market. If you're not too savvy, consider buying and holding strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. I've seen a 418% increase in one year under guidance.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Diana Casteel Lynch is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
Buy things you need. Food. Gas bottles . Stoves. Water bottles. Items you need in case of emergency. Silver, gold platinum . This is what I started doing 2 years ago when I realised things are going to get very odd and very bad quickly. Money will become useless in the bank and in thr safe
Men like me who never used a Credit Card, not on a Regular Basis, yeah when i had Children, a Wife, Working 80 hours a Week, today I just sit, and watch this Country fall…
If People knew, if they really stopped and researched One Hour a Day, they too would take a Seat, have a Xanax, and Pray, because it’s all over with, and they just don’t know it yet!
But they will, it’s going to be really sad…
Where are the 300,000 Children?
Everyone knows that there is a Devil, but deny Jesus the Christ, i can only feel sorry for our People!!!
Well said
There is no Jesus , or devil
There is no devil only evil people!
LOL. I bet your voted for trump and his billionaire friends because "hE's dIfFeReNt!" 🤣😂🤣
Relax ! America is just fine! Just don't try keeping up with the Jones family! Stay in your lane and enjoy life
When the interest is up, you can always negotiate the price down, buy it and refinance when the interest go down.
Because when you wait until interest is down to buy, the price will go up .
I would say, be smart, watch and be cautious.
I’ve been hearing not to buy for tens of years. Some say keep the cash, the others say get rid of the cash.
And when you watch what they are doing, they are doing exactly opposite
we embraced Dave Ramsey‘s philosophy, almost 30 years ago. today everything is paid for. House, cars, businesses, purchases are made with cash. Except for that one pick up truck because it was a 0% interest rate.
They have no control over what is coming, this is the key that very few can see nor understand, we do!
They can actually solve the debt problem only I need to do is revalue gold or they could use certain digital assets, which are deflationary
They can actually solve the debt problem only I need to do is revalue gold or they could use certain digital assets, which are deflationary
Gen xer here. We had it bad from the start of our career. At the end we will be homeless. Working hard means nothing.
I have 3 gen ex daughters. I currently own two homes and that is why I tell them when I die take care of what I've been able to obtain because the way things are idk that you will be able to one day buy a home.
What are you doing wrong. I have two kids born in the early 1990s and 2 born in the early 2000's and they are all loaded. They all do commoner jobs with no great income, but what they did learn was if i don't need it, why am I buying it. Something lost on the 99.9% born from 1991 forward.
Boomers got the best of it the rest of us are paying for it. We will be lucky to get social security at this rate.
Gen x complaining about having it bad, as a millennial that is so frustrating to hear.
@@partytime1868 @vertigo2112 (AKA RUSH FAN) just doesn't know how to handle his money. Honestly that is the problem in 99% of supposed money issues with people. The people I know that all have money issues buy shit they don't need and do it as often as possible. Way too big houses, way too expensive cars, $7 coffees, cant stay off of Amazon, feel the need to never miss out on a restaurant meal, and other stuff that steals you r money from you. The answer is simple, Do not spend more than you make and you cant go broke.
I never pay anything with credit or debit, always pay in cash and never take any loans, this is why I live with no stress...
This mentality keeps poor, in the rat race. Debt buys time and gives you cash to make deals. To trade to get a property, etc.
It’s a risk but if you can find a good opportunity the interest and potential loss will be outweighed by the gain.
Risk management is what separates rich and poor.
So you trade in your time for money that is debt and owe 365,000 to pay off your portion of the national debt but you're afraid to leverage a loan into equities....🤣
God knows best. Romans 13:8 - 10
@@fishguru73 you nailed the point on the head. It’s literally already debt why not find ways to use debt to make money and spend tax free. It’s not easy but the concept shouldn’t be hard for others to understand.
I feel like this is why so many people are stuck. Saving and saving to death to try and attain assets. Most of time settling with a cash drain of a 30 yr mortgage on a house that doesn’t get used like a cash generating asset.
Just living in it and never renting it out, selling or anything. Gotta keep moving and acquiring more assets whatever your choice is. Real estate, public or preferred stock, bonds, gold, crypto, etc.
@Corintios-qm3xd .....MATTHEW 24TH CHAPTER....Ezekiel 7..19..
2 Timothy 3..1 to 5...Luke 21ST CHAPTER....BOOK OF REVELATIONS...
In 30 years in Europe I have waited for real estate to get cheaper. I have seen it slow down, but the prices never went back down!
If things happen the way they say it will. Everything will become free in America. Just saying. There will be no sense in buying gold if the system fails because everyone will be a target. Best advice, live in a small town. If anything with land.
I used to own actual gold. You can’t just sell gold. It goes through a middle man.
And get off grid!
I really don't remember property prices crashing that much in 2007. Property prices were still way out of reach for the average working man. Property hasn't been affordable to working families since the late 90's. Remember the ongoing agenda & that you'll own nothing & be happy because that's what all this is about.
😂 that doesn't make sense. What will make the people happy if they own nothing ?
Residential real estate prices fell more in the 2008 financial crisis than at any time in U.S. history including the great depression. Whether real estate was then affordable to you depended on where you lived and how much your income was. There are many places in the U.S., still today, that have affordable housing, it's because less people want to live there.
I don't know where you were but price is crashed. In 2008, my aunt's Villa was worth $110,000 after the crash in 2010 the assessed value on her Villa was $32,000 by the Miami Dade county property appraiser
This guy talking is 100% correct. Small example, I live in Florida. Leasing and rentals are way, way down. Almost scary.
Because the cost of rentals is off the chain. Ppl simply can’t afford 2600 rents.
Supply is huge cuz property taxes and insurance is outrageous
Well throwing your money away on rent is not smart either. I bought my modest little home 5 years ago and I’ve already increased my equity over $200,000 and my interest rate is 2.75%. I couldn’t afford this property now. I also get write offs on my taxes. I’m able to do whatever I want to my property. Paint any color, change my kitchen, etc.
if I’m a renter I don’t know when my landlord will ask me to move out and I will have to move again at usually a higher rent.
What goes up must come down ----5th grade logic. The "Fourth Turning" the "high"/the awakening/the unraveling/crisis
If we get rid of the system, that will help take care of some of this right off the bat. No bad loans means no crashes and no opportunities for these people to make money off the crashes.
The US is one of the largest exporters of oil and natural gas. So if we started drilling more domestic oil and gas, the oil companies would have a larger incentive to sell it abroad where they can get more money per barrel than they can selling it at home at lower prices. Short of regulating oil exports, keeping it in the ground is the next best thing. We in the USA are already oil independent.
70% of your heavy crude oil comes from Canada and most of your oil refineries are set up to refine heavy crude oil instead of the light crude oil found in the US
Huh
Agreed. That's why Trump was saying "drill baby drill " !!!
I don't think you understand how it works.
Im a simple man... I have a small house that I bought when real estate was at its lowest, a truck and a small fishing boat... people who buy to show off and to keep up with the joneses always get screwed in the end... when you grow up extremely poor like me it doesn't take much to make u happy and successful....
Big shoutout for mentioning XAI62T and SUI. These two look like the future to me. Holding both tight!
Cap
Scammer
This Fake Scam is in these comments to ?
The more wealth that people accrue, the more corrupt they become, generally.
GOD SAID, FAMINE AND DEPRESSION THIS WINTER.
THE DOLLAR CRASH IS AT THE DOOR WITH IT'S HAND ON THE KNOB.
Possibly, it won’t be the first time or the last time. Lessons we should learn , don’t live beyond your means. Prepare. Cut back where you can.
So what do we do with our savings to ensure they don’t disappear?
Australian dollar is getting wrecked already, the gold i ordered was already in 'profit of 5 is % before the delivery even arrived
I live in Melville on Long Island and what you say about turning office buildings into residential buildings is happening here, albeit in the infancy stage. It’s called the Melville Housing Overlay. It’s actually a “renovation” of office area to a mix of office, residential and commercial (restaurants, shops). I could be a great idea but the fact it’s happening is bad.
The owners of commercial property did not have much of a choice. Many of these were abandoned when companies allowed workers to work from home. Once these leases expired what would you do as a commercial property owner?
@ understood. I think Covid was intentional and this is one of the desired outcomes. As you say they really had no other options.
I used to like this guy in the 90's but I realized he likes to scare you so you get hooked to listening to him to make money off you. He's just another millionaire hoping to profit off you.
Robert red pills us constantly. These people love the slogans and cliches about money. He try’s not to teach us. IMO.
He says you shouldn’t buy a house. He says stocks are going to tank. He says we’re going to have more inflation so obviously holding cash or bonds is not good. So what would he suggest?
I’d rather own a house than bonds or stocks that can tank in price.
Dont you see who really are the enemy of the people?.......
The Central Banking System = monetary manipulator of the world, not to be trusted one iota.
The cabal. The secret cabal. That's why Rome had so many lead pipes. They started the Russian Revolution and put Hitler in power. The cabal is the reason for the Jewish Diasporia, to spread them around the globe so they could control everything from the banks to the weather. The cabal brought smallpox to North America to depopulate the land for white people. The cabal controlled the government from Adams to having FDR start the New Deal and social security, made sure Truman dropped the bomb, JFK got assassinated, LBJ started the Great society, Nixon took four years to end the War in Nam, and started the EPA, Carter started FEMA, and even got Biden elected to get more migrants in the country.
The cabal started the lottery so poor stupid people would pay more taxes and I could pay thousands less taxes over my lifetime because I am smart. I love the cabal.
So many things that cabal did. And why? Just to make some paranoid people miserable and reduce my tax burden for years. I love the cabal.
"The further you are from the truth, the poorer you are". Very true. Sounds just like the Book of Mormon's "If ye keep my commandments ye shall prosper in the land."
poor people play the lottery. Smart people like me don't. I get my tax burden reduced by all that low income money flowing into the coffers.
Past Mormon here. You are so right!!! I’ve done better out of that church than in it!
@jmoney8962 Jesus is Lord put your faith in him. God bless you 🙏
@jmoney8926 Sounds like you relied more on the church, and humans, than on God...hope you can keep God's commandment to forgive as you have been forgiven and prosper further as a result :)
We have removed ourselves about 85% from the banking system. Our account holds only enough to pay the bills. We emptied our savings & 401k and put 1/2 in both silver/cryto and our crypto has doubled. We also put 10k in dinar, dong..etc. when those countries ditch the dollar and revalue their own currencies, we'll be invested there. We've ditched the dollar for the most part.
What countries are the dinar and dong
@Ogalleria Dinar is Iraqi currency and Dong is Vietnam. Many believe they will revalue their currencies as they and others ditch the USD. Good luck to you whatever you do.
I have been pressured to sell my house which has increased in value over the past three years. I have resisted for two reasons. First, I wanted to accrue more equity in order to buy a townhouse as my final residence. I think I'll stay put because I am concerned about keeping the house I am already paying on. And it was Roosevelt who took the U.S. off the Gold Standard during The Depression, NOT Nixon. It was since then that the dollare was issued as a "Silver Certificate," not a "Gold Certificate."
I listened to this tripe in 2007 and bailed out of my real estate. I was triple net worth 3 Million. Worked my way up one deal at a time. If I hadn’t bailed out I would now be worth over 10 million. As it is I have only a few hundred thousand. These guys make money anyway they can. Usually flipping back and forth and selling their rants to you for even more bucks.
❤😂🎉😂❤
Rant scams
You mentioned that the Fed will stop printing money soon. That was just about the only hard info you gave us. How do you know this? Can I confirm it somewhere? If true, this would be the tipping point.
Thanks for the advice! Profited 50% last week. Thinking XAI62T, ETH, and SOL. What’s your take?
Liar! What site you buy on?
Got to work 48-60 hours a week as an RN to ensure prosperity to my family…but just getting by. Hey!! I feel blessed!! At least I have a house a steady career I love and food. A lot of people don’t…but it would be nice to thrive and not be in survival mode anymore..❤😢
Survival mode isn’t fun….
Fuel is a total scam we made two Tesla rims into alternators it charges itself as it goes and we use 10 farad capacitors to get it off the line
ENRON reemerged and released “The Egg” in home micro nuclear reactor. Wont need power companies anymore because of it.
Are you tracking the details of distance travelled and total battery charge? Be fascinating to post that in detail somewhere as it seems something wouldn't work optimally.
The law of Conservation of energy states that energy can neither be created nor destroyed, only transformed from one form to another. This means that the system always has the same amount of energy unless it is added externally. Do you think a spinning wheel generates current to turn the wheel? Fuck, it's a perpetual motion machine.
Yeah I see people saying these types of things all the time and yet not a single Person anywhere getting free power
@@nanook14100 so what’s stopping you from scaling up and selling to the grid? and why tell other people your “secret”.
Becoming a good trader takes time and patience. When i first got into crypto trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 2 years later I got back into crypto with $40k and I'm up with $532k in a short period of time. Thanks to Alex Gomez.
Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.
Congratulations, do you mind sharing how you did it...
Sound good, How do you do that?I'm interested, how do I go about getting started?
I trade with the help of an expert trader, he's the backbone behind my success as a trader, his trading strategies are top notch. I’m guided by Alex Gomez
A major distinction between winning and losing is using the right strategy
Hit $200k today . Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Wow, that's huge. How do you manage to make that much on a monthly basis?
How did you do it, please? Am a newbie in crypto investment, please can you guide me through on how you made
Investing is better with an expert trader who knows it well, where and how to invest, who doesn't know Luner-Grayson, could be missing greatly….
She is on TELEGRAMS
With the name 👇
Living debt free is going to be valid to 95% of all Americans. If the markets go up of down as long as you have no debt and your home paid off, you still come out on top.
So true!! A home paid off , money in the bank ( at least you know where you stand) no ups or downs. Invest too but in most cases you’re almost afraid to touch that money. 😂
Hope for the best, prepare for the worst. 🙏
The End is near. 😔
I am poor because it is what it is. And I am glad of this. I have no bills, not like you ! PS . I do not ' O ' anything to anyone, not like you. YES, you are reading this .
Debt=slavery keep your debt as low as possible
Thanks, but do you have a record without that background music?
Got 200k xAI79B$. Next bull? This coin leaves the rest in the dust 🔥
needs and wants
needs = food, shelter,clothes,job,transport, and gold & silver
wants = everything thats not a need
So, how does one protect their 401(k) at this point? What do I need to do? Thank you in advance for your answer.
Where are there good reliable places to buy gold and silver ?
the Denver mint
I bought silver from ebay several times. No issues.
Peth mint Australia
Locally for me was cheaper than online.
SD Bullion,JM Bullion,Local coin shops
If the money never existed before the loan debt, once a debt is paid in full (plus interest), who gets all the money that you paid? I would assume it’s lended out again but considering that the money never existed to begin with, that’s a lot of freaking money that someone is getting simply for entering a number into a computer.🤷♂️
yep. core sources of power : who makes the law, who can enforce it, who prints the money.
USA and westenr world countries have slightly different roles here, in the USAs printing money is done at the expense of 'partners' (US dollar being the reference money) and in Europe for example, money is printed by private sector (so you can vote all that you want, if the bank says no, their is no way to enforce any policy)
Until dollar's monopoly falls, which is happening possibly at the moment (cf. China and BRICS) and triggers a feedback on real wealth when 'quantitatively easing'...possibly a macro mechanism, 'quantitative tightening' being a way to try and keep a strong dollar, for international leadership purposes.
One of Bernanke’s quotes is painted on the wall inside LSE London School of Economics. His expertise is supposedly the Great Depression and stock market crash of 1929. The current LSE Professor to pay attention to Keyu Jin and her book The New China Playbook: Beyond Capitalism and Socialism.
Mr. Robert. I've heard you say there's going to be a crash for 40yrs. .. the funny thing about it is, one day you'll actually be correct.
Should I buy more tuna cans 🤔
Yes
Learn basic home economic and shop class skills ASAP
Probably