Most successful people started from nothing. They didn’t wait for the opportunity to knock but created the opportunity on their own by working hard. Thankgoodness i found Mr carlos kingston a pro forex trader, now I have been trading with him for about 7 mounths now and I earn up to $15,000 weekly. i guess this is the epic start to a new chapter in my life. I just feel like more evevryone should be made aware of this opportunity, feel free to contact him @carlos_1uptrades on Instergram his indeed a genius.
As for all Forex, stock trading and binary options patterns and signals support, Mr Carlos has been the man that many people are looking for and his strategy has been of great benefit to me. When you invest with Mr Carlos you will understand the importance of time frame, risk control and objectivity in stock trading. You will trade confidently and guided properly he has helped me grow my account to $290,000 from February till now. Trading on your own might not be suitable especially with less knowledge and skills reach out to Mr Carlos for help on Instagram @Carlos_1uptrades tell him I referred you to him
All thanks to Mr Carlos @Carlos_1uptrades on Instagram, It seems unbelievable and I can't express my gratitude for your transparency and honesty keep up the good work , I actually received my profits for the third time , this is a speechless feeling for a great success and once again thank you for your assistance trading forex.
All thanks to Mr Carlos @Carlos_1uptrades on Instagram, It seems unbelievable and I can't express my gratitude for your transparency and honesty keep up the good work , I actually received my profits for the third time , this is a speechless feeling for a great success and once again thank you for your assistance trading forex.
Robert is so right. I bought the expensive home, it didn’t help the cashflow. I sold my mansion then bought the cashflow properties. I should have known this 15 years ago. I guess it is never too late
@@OmarLopez-kh3dx I built the waterfront home, lived in the beautiful home but didn’t generate income. Sold it then bought a place has the ADU unit in great location, it generates the income and pays half of the mortgage
Thank you Mr. Robert Kiyosaki. Because of you and your books, I was able to retire financially free at age 28, having enough cashflow to take care of my expenses through real estate in Canada. I was juggling between University of Toronto Pharmacy school and failing year after year after year and buying properties for my financial freedom. As good as pharmacy is a good profession and a good paycheck, it wasn't my true passion and I felt trapped. Thank you for sharing so that someone like me can take a path less travelled and make it out alive. Frank Lu
The power of showing this archive footage is that it shows 1. your message is resilient to recessions etc. and therefore correct, and also 2. that you embody your message and are living proof it works. Thank you Robert and Kim.
We have been close for many years, yet we've never met. We've heard you're words and advice, but never spoken. You've impacted us all, thank you both for changing our lives.
It is true. Buying for cash flow is harder than capital gains. I am learning about cash flow amd its interesting that I learned that the market is not what all the so called experts are saying.
Okay...with capital gains your plans are all about selling at some point in time, weather soon after closing or before. In cash flow my plan is to hold to convert the property into a cash flowing asset. That means looking at the property from rents, then expenses, then financing, and lastly debt service. I am beginning to use the 100, 10, 3, 1 formula. In that process what I am seeing is the market doesn't support the houses I am looking at. So I start looking at another 100 houses. The cool calculator I use is the one on Rich Dad website. Other calculators I used before were based on capital gains. So when. I look at real estate in the Houston area, I am not seeing what the so called realtor and investors are seeing. That's the best way I can explain it. I have dumbed all I use to think I knew about real estate and now getting to see things for cash flow...building assets that make the money not me working for the money. Another factor I am seeing too is labor market too. If I can not have renters for the house I am looking at they aren't worth anything to me.
I just bought Rich dad poor dad, fake, cashflow quadrant, cashflow game and tax free wealth with $600,000 equity in my freehold home I’m gonna turn it into a billion dollar real estate empire.
I'm using martingale strategy on Platinum as a side-thing. The idea is that it's never going to 0. It's frikkin' platinum! Anyway, kind of nice to know that I will always have a respectable networth, no matter what happens.
@@TheAIInvestor2024 I'm waiting for gold to come down to 1300 before I buy any. If plat goes to 800, I'll also, be a little crazier about buying a bunch of it. For now, I think gold is over-priced. I'd rather buy real estate and platinum right now.
Poor people buy houses, cars and other liabilities before becoming rich. "Our strategy was not to own one big house, our strategy was to own 20 houses, then we live in a little house, and then we went to 500, then we bought a big house."
But without alot of investment money or buying power, the average joe benefits little from income investing. There is an alternative opinion wherein you build your wealth first through capital apreciation or growth, and THEN switch to cashflow or dividend income based investing. Apreciation creates wealth, but passive income can later pay the bills. But you need the wealth and buying power to get there.
This works out so perfect for me cause I live in Phoenix and I can see a lot of what he's saying is true about Phoenix expanding. A lot of ppl from Cali and snow birds from Canada, a lot of money to be made from those people
I agree, we love our freedom here! But as you've noticed the more they come the higher prices get, eventually AZ will become the next California when it comes to living expenses. Not necessarily a bad thing if one is investing in RE right now but it is for the average arizonian not financially literate
More People need to watch these archive videos, You gotta start with the fundementals, and you gotta let the fundmental soak in your brain until you live and a breath it 24/7 then that will drive your thinking on the more advancing stuff they talk about in the rich dad channel, like going into digital currency/or stocks or etc. All that will make a lot of sense when you soak in the fundmentals of the books and these archive videos. Also learn basic accounting by taking a course ;).
It's clear to me that my earned income (salary/paycheque) which I forcefully invest from 2012 in bank to get interest payout to meet the household expense. Today to run the household I am not depend on that earned income and get the chance to invest that earned income into real asset to get another cash flow. Hope I'm on right path...
One of the best learning video...thanks mr robert kiyosaki. I am your biggest fan and your constant book reader. I am very thank ful to god to have people like you. Love Rahim from pakistan
It's a lot of money. But money becomes boring after a while. That's why so many billionaires give it away. The guy who started the Duty-Free shops at every airport gave away $8 billion and kept $2 million for living expenses while residing in a small, simple apartment. You can't keep drilling into solid wood. You have to pull the drill out once in a while, or the drill bit will burn. Same with money. You can't keep drilling for money. You have to do the opposite sometimes. You have to give. Giving is a corrective modality that results in getting more money when you start drilling again. That's why they say that when you give, you get. It's logical. And what you get isn't always money. It could be something more valuable to a person.
I'm trying to teach my 12 year old daughter about being an Investor and becoming a Business owner versus just being only an Employee. Any suggestions for good books to read with her?
i want tthis model sooo badly. I will have it i feel it, but i feel like i am obliviious. I am cash strapped, but I want to pull out the 43k I have in my 401 k....especially now that I am getting laid of in a month. But I don't want to eat that money away, i want to build a lil snowball of cash flow. I do want to do this only by providing value to others. so do i just give my money away, or do i rent a place and then sublet it out?
Just be careful that you may have to pay taxes on the capital gains when you sell. Or, if you plan to hold onto it until you die, how much money will your loved ones get??
Robert is so right. I bought the expensive home, it didn’t help the cashflow. I sold my mansion then bought the cashflow properties. I should have known this 15 years ago. I guess it is never too late
Calgary has been a HUGE property crash. Why? OIL. 'The price of oil will keep going up'. The opposite happened. Otherwise These guys are very smart and make a lot of sense.
If capital gains is a bad thing, why is some of the richest people in the world investors in the stock market? The stockmarket is bad if you speculate, but if you invest because you see value in companies it could make you a fortune.
I just want a house with an Antenna on the Roof, a basement for beer and video games, and a deck for grilling. (Making my liability the best it can be for the best price possible) Some rental properties along with that would be nice to have.
I have a question about the first step. How do i take it and how do I kick start my money making machine? I can't thank this channel enough, but seeing as I'm going to join the rich. I'll do it in person.
It’s funny how Robert gives out more information here, than he has in the last 20 years, he just talks, but does not give you anything to use, but buy my book, or board game. But I give him 1000% credit for helping others.
![Why You Should Take More Risks in Life and Money - Robert Kiyosaki [Millennial Money]](http://i.ytimg.com/vi/uSzbHzKkk_Y/mqdefault.jpg)
![Why You Should Take More Risks in Life and Money - Robert Kiyosaki [Millennial Money]](/img/tr.png)
👌🏿Nice to see some archive footage. 😎🌴
C
Most successful people started from nothing. They didn’t wait for the opportunity to knock but created the opportunity on their own by working hard. Thankgoodness i found Mr carlos kingston a pro forex trader, now I have been trading with him for about 7 mounths now and I earn up to $15,000 weekly. i guess this is the epic start to a new chapter in my life. I just feel like more evevryone should be made aware of this opportunity, feel free to contact him @carlos_1uptrades on Instergram his indeed a genius.
As for all Forex, stock trading and binary options patterns and signals support, Mr Carlos has been the man that many people are looking for and his strategy has been of great benefit to me. When you invest with Mr Carlos you will understand the importance of time frame, risk control and objectivity in stock trading. You will trade confidently and guided properly he has helped me grow my account to $290,000 from February till now. Trading on your own might not be suitable especially with less knowledge and skills reach out to Mr Carlos for help on Instagram @Carlos_1uptrades tell him I referred you to him
All thanks to Mr Carlos @Carlos_1uptrades on Instagram, It seems unbelievable and I can't express my gratitude for your transparency and honesty keep up the good work , I actually received my profits for the third time , this is a speechless feeling for a great success and once again thank you for your assistance trading forex.
Do you know when this was actually filmed?
This is gold. Never underestimate cash flow. Cash is not king; CASHFLOW is king.
No, Cash is still King. You need to create the Flow of Cash!
you said it my man CASHFLOW is King
@@Black-Circle true 😂😂
All thanks to Mr Carlos @Carlos_1uptrades on Instagram, It seems unbelievable and I can't express my gratitude for your transparency and honesty keep up the good work , I actually received my profits for the third time , this is a speechless feeling for a great success and once again thank you for your assistance trading forex.
Right now cash is not even the Queen or the janitor...it's pure trash
Robert is so right. I bought the expensive home, it didn’t help the cashflow. I sold my mansion then bought the cashflow properties. I should have known this 15 years ago. I guess it is never too late
Hi. So when u said you bought properties and then u sold them first? Or did you rent them out first?
@@OmarLopez-kh3dx I built the waterfront home, lived in the beautiful home but didn’t generate income. Sold it then bought a place has the ADU unit in great location, it generates the income and pays half of the mortgage
Thank you Mr. Robert Kiyosaki.
Because of you and your books, I was able to retire financially free at age 28, having enough cashflow to take care of my expenses through real estate in Canada.
I was juggling between University of Toronto Pharmacy school and failing year after year after year and buying properties for my financial freedom.
As good as pharmacy is a good profession and a good paycheck, it wasn't my true passion and I felt trapped.
Thank you for sharing so that someone like me can take a path less travelled and make it out alive.
Frank Lu
I always learn something new. Thanks once again Robert!👍
Hoping to learn more about investing.
Me
The man who changed my thoughts on money and life
Same here bro. I told that to my family members but still they think It's all bull shit
Rich Dad Poor Dad " Changed my life
@@FazzyKVlogs same applies to my family also
Let's prove them and show bro
Same here, lets prove them wrong 💪🏾
U r not alone bro
Legends and to spend your lives educating the rest of us from pure passion is priceless. i can't thank you both enough for what you do.
The power of showing this archive footage is that it shows 1. your message is resilient to recessions etc. and therefore correct, and also 2. that you embody your message and are living proof it works. Thank you Robert and Kim.
I dont know how i should thank you MR.robert and madame Kim
You both inspired me for years
Thank you rich dad
We have been close for many years, yet we've never met. We've heard you're words and advice, but never spoken. You've impacted us all, thank you both for changing our lives.
You guys opened my shut mind.thank you mr. Robert for suggest such a financial things....
Both are important, capital gains can be under valued too, but cash flow is immediate value. I trade currencies, very good for cash flow.
Nostalgic, those pre computer based seminars...
Hey they're talking about Calgary!!
It took me 21 years to realize how the game of Monopoly works. It's genius.
Same here only after 20 over years
Same here...It probably takes that long to learn about life and to undo the stupid programming from school.
It is true. Buying for cash flow is harder than capital gains. I am learning about cash flow amd its interesting that I learned that the market is not what all the so called experts are saying.
What do you mean please elaborate
Okay...with capital gains your plans are all about selling at some point in time, weather soon after closing or before. In cash flow my plan is to hold to convert the property into a cash flowing asset. That means looking at the property from rents, then expenses, then financing, and lastly debt service. I am beginning to use the 100, 10, 3, 1 formula. In that process what I am seeing is the market doesn't support the houses I am looking at. So I start looking at another 100 houses. The cool calculator I use is the one on Rich Dad website. Other calculators I used before were based on capital gains. So when. I look at real estate in the Houston area, I am not seeing what the so called realtor and investors are seeing. That's the best way I can explain it. I have dumbed all I use to think I knew about real estate and now getting to see things for cash flow...building assets that make the money not me working for the money. Another factor I am seeing too is labor market too. If I can not have renters for the house I am looking at they aren't worth anything to me.
@@RealEstateEntrepreneur so are you focusing on cash flow or asset appreciation?
No not appreciation. Cash Flow is my focus.
@@JohnDoe-gc1kt
Cash Flow NOT appreciation.
Cashflow is king for me💪
Love when Robert is on the board
Love the vintage. Need way more of this!!
"These morons haven't learned their lesson yet?" 🤣🤣🤣🤣🤣🤣 Gotta luv this guy lol!!!
I just want to say, thank you Robert.
I just bought Rich dad poor dad, fake, cashflow quadrant, cashflow game and tax free wealth with $600,000 equity in my freehold home I’m gonna turn it into a billion dollar real estate empire.
*Never put all of your investments in one basket* - Diversity is key 🔑 🔥
I'm using martingale strategy on Platinum as a side-thing. The idea is that it's never going to 0. It's frikkin' platinum! Anyway, kind of nice to know that I will always have a respectable networth, no matter what happens.
@@manictiger the same with gold or silver.
Same with bitcoin.
@@TheAIInvestor2024
I'm waiting for gold to come down to 1300 before I buy any. If plat goes to 800, I'll also, be a little crazier about buying a bunch of it. For now, I think gold is over-priced. I'd rather buy real estate and platinum right now.
Never put all of your investments in too many baskets... A balance is required
That's a lot of information about business right there. Thanks !
Thanks so much for the awesome video 🔥 This will definitely help me Become Wealthy and Improve my Finances!! Keep it up! 💯💯🙌
9:05 powerful message
Poor people buy houses, cars and other liabilities before becoming rich. "Our strategy was not to own one big house, our strategy was to own 20 houses, then we live in a little house, and then we went to 500, then we bought a big house."
But without alot of investment money or buying power, the average joe benefits little from income investing. There is an alternative opinion wherein you build your wealth first through capital apreciation or growth, and THEN switch to cashflow or dividend income based investing. Apreciation creates wealth, but passive income can later pay the bills. But you need the wealth and buying power to get there.
This works out so perfect for me cause I live in Phoenix and I can see a lot of what he's saying is true about Phoenix expanding. A lot of ppl from Cali and snow birds from Canada, a lot of money to be made from those people
So true. Hopefully they dont bring their politics with them😐
I agree, we love our freedom here! But as you've noticed the more they come the higher prices get, eventually AZ will become the next California when it comes to living expenses. Not necessarily a bad thing if one is investing in RE right now but it is for the average arizonian not financially literate
Time to start making changes in my life
Thank you Robert, O invest for cash flow, always, always, always, thanks Robert
More People need to watch these archive videos, You gotta start with the fundementals, and you gotta let the fundmental soak in your brain until you live and a breath it 24/7 then that will drive your thinking on the more advancing stuff they talk about in the rich dad channel, like going into digital currency/or stocks or etc. All that will make a lot of sense when you soak in the fundmentals of the books and these archive videos. Also learn basic accounting by taking a course ;).
You look 30 years younger today Robert!
He has got a point about homeowners associations here.
I learned a lot from you. Thanks a lot Robert
It's clear to me that my earned income (salary/paycheque) which I forcefully invest from 2012 in bank to get interest payout to meet the household expense. Today to run the household I am not depend on that earned income and get the chance to invest that earned income into real asset to get another cash flow. Hope I'm on right path...
I enjoy these videos very much!
That is a great video! Thanks for it
Just out of curiosity, may I ask which year this was from? I can see it's definitely from the mid to late 90s but specifically which year?
After 2003
@@John_BP I doubt bro, when donàld trump became a president ,please just asking
@@josephotoet7377 They mentioned 03 in the video I'm guessing this is 06.
@@josephotoet7377 he mentioned trump as the investor, not as the president..so it can be anytime
I'm glad Robert made a pointer to demographics. I just learnt something.
this is true.. thank you Rich Dad!!
THANK YOU! A LOT!!!!
Love it Robert thank you for financial education...
One of the best learning video...thanks mr robert kiyosaki. I am your biggest fan and your constant book reader. I am very thank ful to god to have people like you. Love Rahim from pakistan
Thank you 👍👍👍
👍👍👌 great teaching..love from Fiji🇫🇯🇫🇯🇫🇯
WOW...$120,000 per month coming in sounds AMAZING!!!!!!!!!!!!!!!!!!!!!!!!!! :D
Indeed, but it's nothing compared to Warren Buffett.
It's a lot of money. But money becomes boring after a while. That's why so many billionaires give it away. The guy who started the Duty-Free shops at every airport gave away $8 billion and kept $2 million for living expenses while residing in a small, simple apartment. You can't keep drilling into solid wood. You have to pull the drill out once in a while, or the drill bit will burn. Same with money. You can't keep drilling for money. You have to do the opposite sometimes. You have to give. Giving is a corrective modality that results in getting more money when you start drilling again. That's why they say that when you give, you get. It's logical. And what you get isn't always money. It could be something more valuable to a person.
How valuable this is 👍
Thank you Robert. This is financial wisdom.
I'm trying to teach my 12 year old daughter about being an Investor and becoming a Business owner versus just being only an Employee. Any suggestions for good books to read with her?
BocaDelCielo Playa Play CASHFLOW FOR KIDS with your daughter and start a little business.
My niece bought one bed to rent to her aunt.
Thanks Mr. Kiyosaki for your videos.
i want tthis model sooo badly. I will have it i feel it, but i feel like i am obliviious. I am cash strapped, but I want to pull out the 43k I have in my 401 k....especially now that I am getting laid of in a month. But I don't want to eat that money away, i want to build a lil snowball of cash flow. I do want to do this only by providing value to others. so do i just give my money away, or do i rent a place and then sublet it out?
Love the video, this is great.
I Invest mostly for capital gains, but some of my investments give me dividens. which is sort of cashflow.
Capital gains is when you sell the stock. If you hold it and get dividends, then you are getting “cash flow”.
@@shawmeck9323 Yeah, I know. Thats pretty much what i said :)
Just be careful that you may have to pay taxes on the capital gains when you sell. Or, if you plan to hold onto it until you die, how much money will your loved ones get??
This is the definition of POWER COUPLE!
One of my favorite videos! Keeping that cash flowing is awesome!
I got inspired by you Sir, In my life time I have to meet you
when was this aired?
Thanks Mr Robert. Learning a lot from you guys
Can't wait to get my first piece of cash flow from something other than a job
This man must be a Genius... correct strategy.
Good energy
Priceless!!!! Thank you
Throwwwwback!!! Nice Robert!
The looks in Robert's eyes tell the story.
Eye opener, I need to restructure my life, and reassess everything
Robert is so right. I bought the expensive home, it didn’t help the cashflow. I sold my mansion then bought the cashflow properties. I should have known this 15 years ago. I guess it is never too late
@@tamikadhv1solomonlud128
Damn bro what do you do???
Wow. Robert Kiyosaki is a real O.G.
How you thumbs down a video on finance?
Calgary has been a HUGE property crash. Why? OIL. 'The price of oil will keep going up'. The opposite happened. Otherwise These guys are very smart and make a lot of sense.
Thanks for saving my life
More of these plzzzzz
What year was this video from?
Do you do local meet ups in Phoenix?
they need to make a cash flow 202 game on the rich dad site Asap.
🙌🏿 great time for gold. I put myself on the gold standard years ago 🙌🏿
Where do you buy your gold ?
@@nks1951 I get my gold from karatbars International check out the site www.karatbars.com/landing/?s=za333elite&p=2
I love you Robert and Kim.
wow, kim! mr kiyosaki is one lucky guy!
In fairness, these guys always make me feel I wanna get to the bank and say "gimme a loan...you're gonna like this 😉"
Robert How I can take your class? Thank you.
How do people consider this guy a genius? It beats me.
If capital gains is a bad thing, why is some of the richest people in the world investors in the stock market? The stockmarket is bad if you speculate, but if you invest because you see value in companies it could make you a fortune.
Because there is a risk factor and a long term investment with capital gains. Cash flow focus on minimizing risk and give money from day 1.
I had already knew but now I really understand
The cashflow is very important and amazing to me 😁.
how about investing in Solar energy? am in a country that has a lot of sun 250+days of the year
Im on my way 💪💪💪
I just want a house with an Antenna on the Roof, a basement for beer and video games, and a deck for grilling. (Making my liability the best it can be for the best price possible) Some rental properties along with that would be nice to have.
Cash flow is better than capital gain.
Loveley ideas
I have a question about the first step. How do i take it and how do I kick start my money making machine?
I can't thank this channel enough, but seeing as I'm going to join the rich. I'll do it in person.
People dont understand they are in education business not investing biz.
Yes!! It's not about what to invest in, but how you invest!
Cash flow. Bitcoin
25$amoth 12000$amoth return with cash flow invest good job lady
Merci 🙂 !
Ah..., I've watched something that has increased my financial IQ. Now i can chill out and enjoy a football match after a hard day's work.
Que linda Kim!!!!!!!!!!! 😍😍😍😍😍😍😍😍
Great!
Diamonds will going up right?
Very cool.
Loved it
It’s funny how Robert gives out more information here, than he has in the last 20 years, he just talks, but does not give you anything to use, but buy my book, or board game. But I give him 1000% credit for helping others.