This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Nice and Educative video. Even with my 450 credits score I was able to apply for a small governmental business grant of $367,000 as my startup capital.
Actually, I have been wanting a small business grant for a long time…BUT navigating it is what has kept me stuck…..not knowing where to go or who to contact. Can you please give more details about how you got approved?
Hi David, I do have my own illustration business operation by me as I person, but what I’m trying to do is implement robotics into my business. I would like to teach the inner kids how to draw, build, and program robots so, I would like to apply for a grant to buy 5-7 kits to use in my project. Tell me what you think bro.
David, I have a small business that I have been working on for 10 years. It is now just starting to take off. I am cash flowing but either a large grant or low interest loan would help me expand much faster. I work in the rural market. I help process the spent grains from distilleries and turn them into human food. I don't have any experience going for grants. I was wondering what the best place to look for a loan or grant in this market. Would the food supply chain guarantee loan be the best?
@@rashadstevenson8192 I will recommend you make your research about Governmental Grant Writer around your area so you hire them to do the application process for you. I hired one also.
This is 13 years old and it applies just as much now as it did then. I find myself currently running a complete service business, but I can only make as much as I'm physically able to work. Thank you for explaining about adding assets.
Y'all missing the point here, I think what he was saying is, for anyone to invest in your idea, "whatever" you are trying to raise capital for, it has to have a continual growth (assets) and not just a one-time thing. If there's no future in your idea, i see no reason why any serious investor would like to get involved.
I couldn't agree more because for newer investors like myself, it's always helpful to hear from someone who has been through it all, and yh yh I know losses are expected but It's unsettling to see your portfolio turn from green to red.
@Joe Caruso From someone who has participated both proactively and apathetically. I wholeheartedly concur that it is important to seek out professional assistance while learning at your own speed. Consider how I was able to develop a $262k portfolioo following for myself. Yvonne Annette Lively's analysis even launched a pod and a small RUclips channel. According to her, prudent saving and investing are the keys to achieving financial security.
@@mvanwie Meeting the right one could be a hassle, in regard to the large influx of scammers, it’s right to verify licenses, broker alongside the firm.
50 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
I think your thoughts about but but what you are saying is sounds good because you have a lot of money with but what about us I am not 21 year old guy having the salary of rupees 10000 per month you say to start a business how should I start a business if my salary is rs 10000 per month how should I raise the capital bank will never give me loan under this salaryThe think you say to raise capital but it is not easy to raise capital in india
thats the reason why you need financial literacy, and it requires you to observe the movement of economy.. working hard for others wont get you anywhere if you dont invest.. get more skills, meet more business people while making money even so little from start..
I think the same, although, If you don't need it, why ask fot the loan, anyway? (Unless it is to expand your assetts, that make you earn ten times as much as you are asking for...)
@@paullenton8351 it's true, in order to borrow hundreds of thousands of dollars or more you have to prove that you don't need it. So what's the point of borrowing then? To risk somebody else's money.
I think what he meant here by don’t need it, is that you can still manage to do it bc your business has so much assets or potential. The loan is just to make it easier for you. Basically, you prove that you can pay back the loan as easily as you can borrow.
Paul Lenton because it’s better to spend someone else’s money than your own. If he is using debt to buy an asset, the asset should be generating cash flow to pay off the loan. Which is what he refers to as infinite returns. The main point of the capitalist game is how can I spend the least amount of my own money (lowering risk) to acquire assets that are cash flow positive.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
My CFA NICOLE ANASTASIA PLUMLEE 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 appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Hello 👋, I am very interested in investing. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
I invests and earn by following my Coach’s instructions. My advice is to get a professional who will help you invest , plan and enhance your management skills. For the record , working with *Hamilton Phoebe Zoe,* has been an amazing experience.
Great info, I’ve been in search of ways to grow my portfolio and I’m glad I came across this. I will contact your Financial Adviser (Hamilton Phoebe Zoe) for help and hope to come back with a positive remark.
Excellent video content! Excuse me for the intrusion, I am interested in your thoughts. Have you heard the talk about - Chireetler Become Athletes Rule (search on google)? It is a great exclusive product for understanding how to get bank funding for your business minus the hard work. Ive heard some interesting things about it and my friend got great results with it.
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app,
I found this at 29, 2020 3month watching and listening to him make me calmer in investing.. i dont afraid to loose money.. what i save, what i invest.. i know why i do it
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mr Martinez Amend.
Most rich people stay rich by spending like the poor and investing without no stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
I have broken through 45k, 72k and got my eyes on 120k! Champagne stays popping, he is too awesome.people prefyto spend money on liabilities rather than investing in assets and be very profitable
I'm 50 years old living in Canada Albert, I'm willing retired at 55 if things keep going the way I planned bought my first house last month and I can't be more proud that I'm now glad I made a very good productive decisions that has changed my financial status forever*
1. an asset MAKES you money. It doesn't matter what anyone else says, the object has to make you money. 2. the object has to make money without you touching it. So off the top that removes most things from being assets: a job is not an asset; cash is not an asset; the house you live in is not an asset; a car is not an asset. But, don't mistake these for assets that look like them: owning a business; a CD or bond; renting out a house; owning a taxi company.
His advice on acquiring assets is good. The way to start getting assets is to live like a farmer. Cut ALL EXPENSES, start young as well while your health is good and you can work like this. Pick up 3 jobs if you have to and go fast out of the gate. This balanced mindset really fucks the young generation up. (2 hours of work with a nice cup of tay bullshit). You got to grind and cut costs ruthlessly especially in 2023 since we have higher then a 50% chance of a world war. Dont be afraid to do some dirty jobs if your education level is not good, because they will pay but start honing a skill that will be fit for business development (roofing, computer programming, something). Not dancing, biology/chemistry (depends a lot on handouts by governments and is tough to create startups without connections), etc. Once you have the cash by this time you should have read nearly 500 quality books on investing etc. All this takes about 2-5 years, then apply the above from what he is saying. This is the proper way to start.
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
@@David-oe7coYes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Sir Lucas S.Chamberlain last year at a startup funding event in Washington DC.
no mater how foolish some ppl think kiyosaki concept is. i can never b grateful enough for his idea of "being an indian giver". such a priceless idea that has helped my investment strategy. thank u robert
My main problem with Robert's theory is that he is always looking at assets from the point of view cash flow instead of net cash flow and/or profit and loss. When he starts looking at it from the right perspective of net cash flow or net profit/loss, then he will understand that your home could also be an asset cause it knocks off your rental payment from your cash flow and replace it with mortgage payment (which may be lower than the rentals) which invariably improves the net cash flow. There is need to also note that there is a wild world of difference between cash flow and profitability. While cash flow will ensure liquidity in the short run, profitability ensures solvency and going concern status in the long run. Unless there is something I am missing from his teachings.
Some people on this post criticize Robert Kiyosaki. From what he wears or how he makes his money. When you are making millions, you can wear what you want to wear and diversify your money however pleases you. Rather than criticize...try taking notes and change your mindset. That is the starting point! Do what he has done to have what he has and do whatever you want to do, with whomever you want to do it with, when you want to do. There is a difference between formal & informal presentations.
Whenever I watch the videos of this man, I feel like I'm flying into wealthier air immediately but waking up I find nothing. Anyway, it's hard practically to achieve financial freedom and do as he asserts but I hope it gonna be nicer in the coming days. Thank you!
This dude is a Hefe! Robert, you sir have opened my eyes and as a pharmacist working for peanuts, I’ve moved my 401k into a SD IRA and LLC and made 25 k on my first house! I’ll have 10 by August through hustling, grinding and getting biz credit cards and private investment! 😎🇺🇸
The stock market sure does provide opportunities to earn some decent payouts. it’s best time to look for stocks near buy zones showing strength compared to the rest of the market
@@emmageorge3728 Superior fundamentals and technical action, and buying at the right time, are all part of the process to succeeding in the stock market.
@@kumarvenkatesh6600 To achieve higher returns in the stock market, besides doing more homework on the companies you wish to buy, it is often necessary to have an expert whose well grounded on the pros and cons of the market that can thus help you invest your assets to more profitable ventures
I'm DCAing in Block-Tken800 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
I don't understand how people can hate on this man. The same people that have something negative to say about him are the same ones that are afraid to apply and learn. I respect you Robert I hope you are well and thank you for all the energy and time you put into teaches us what schools failed to teach us.
It is true that some aspects of Kiyosaki's company are frowned upon, in regards to holding seminars only to sale you a "better" program, and selling so many different books. However, if you read between the lines and ACTUALLY read these books, you will find out that he lays it out like nobody else. He offers the best information available to you and I in regards to business, and being able to live a better life. My favorite book is What Is Your Financial IQ, and The ABC's of Real Estate.
I’ve read almost all of his books and I have read rich dad poor dad about 5 times 😂 The more you listen the more it gets into your head, I’ve read plenty more books besides books by Robert.
Samuel Buis I hope u’ve applies d knowledge not just reading. I read several rich dad poor dad books about 12years ago and tried making imitations of designer shoes, slippers, female hand bags but I found out am so good at that. But then immediately found out I’ve a more bigger problem which is how to sell these product and before u knw it. I had so many products but not sold. So I had to stop. So it folded. Am gonna go back again but to something which is so needed by millions and also able to stay competitive with similar competitors.
It still comes down to: it takes money to make money, if you produce a product to sell, it takes money to buy materials, and some people, because of variables uninvited, beyond their control, has them gripped in such a state of poverty that they cannot move forward. You can have wise knowledge on what, when, how, pertaining to a wise financial venture, but you will still need startup capital. I can tell you where to pan and find gold, but you will still need money to buy the pan. You can attend seminars all day long, but the 5 thousand dollars you spend to hear some hype talk, would had been better spent on buying what you need to start up a business..
Not always! It is sometimes not necessary to have money to make money. Did you read his book Rich Dad Poor Dad? One example in the book is when he was about 9 years old, he and his friend set up a comic book library with hundreds of comics, and one trustworthy sister as an employee, and he didn't need money to start. He said he and his friend each earned $9.50 a week. How did he acquire the comic books? You should read the book! I remember he asked the comic book deliverer whether he could have them, and he agreed under two conditions.
Some people on this post criticize Robert Kiyosaki. From what he wears or how he makes his money. When you are making millions, you can wear what you want to wear and diversify your money however pleases you. Rather than criticize...try taking notes and change your mindset. That is the starting point! Do what he has done to have what he has and do whatever you want to do, with whomever you want to do it with, when you want to do.
Trust me, I hate tall claims when it comes to forex but my EA has shown good results and MAY continue to. It's impossible to guarantee future results as we all know though. The strategy can stand the test of time with Multiple settings. It doesn't just work with ONE special setting!
On my own I am struggling with forex trading, I haven’t had real success at it. How does your EA work, many people recommends using someone experienced to help out..
The professional traders are what they are, because that’s what they do. For me I just let them do the job it’s easy that way to manage my funds wisely.
There are bunch of good regulated brokers, Entry/exit rules are one small part, psychology of the trader, capital management and many other tools play critical parts. Don't think you are going to become a brain surgeon by going to a weekend lecture or buying any single book.
I am on long term trading, it’s been 2 months adapting to my engagement Plan of trade, after months of backtesting my strategy with Jim’s EA guide, I have won my 25 trades challenge.
These tips can be gold. Like Jim Rohn says , " A small error in judgement repeated daily can lead to disaster. A Hershey bar vs an apple" . The opposite is also true such as choosing an asset over a liability and knowing the difference.
The idea here is to design a business model creating more assets and cash flow and not to raised capital in every moment your company need capital... to be able to raised capital from the investor you need a well designed business model that creates more assets and cash flow even in economic downturns
You guys are so naive. Go ahead. Try it. Lie and sell a course for $5,000. Hell, I bet you couldn’t even lie and sell a course for $100. You have to have selling skills, marketing skills, business management skills, just to sell an infoproduct.
I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app,
Much of what you say in this video, Robert, is the same as in so many others, yet there is always something new. This time around was how the rich dad responded when you asked him to lend you some 100.000 dollars for your wallet business in 1975. Another is that you were adding franchising to your assets.
God bless you for sharing your knowledge sir. Life is truly about impacts and you're doing it with love and simplicity. We're grateful for being selfless. Cheers!
It's time to diversify your source of income.passive income is the best decision anyone can make. I invested in crypto and it's been the best decision ever.What really guarantees financial security is Diversifying your source of wealth.
I truly appreciated your video and learned a great deal. Like you I've been consulting about funding business and have a very interesting video that your subscribers might really enjoy watching.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
True, e.g houses can start off as a liability until you start using it for rentals, a car is a liability until you use it for uber or whatever so i really dont get this idea of just waking up to assets
From 0:00 to 0:25 is all you need to know guys.. THATS exactly why he’s rich.. because of lower income people wanting to get the money he has.. by learning from him.. and clicks on his videos and comments... AND OFCOURSE buy his course 😎 The rest of the video... is just called common sense..
@Celes It's pretty obvious you've never read his books. He never had a job that paid him 120k a year. He was a pilot in the military. He used a loan and credit card to buy a house and rented it out. If you read even 1 of his books you'd know the difference between passive income and earned income.
It's easy to start business in Africa compare to America. I started with 10 thousand dollars and now 10 years later I will never go back to work for anyone. Yes business is always up and down but boy you can't imagine the beauty when you realise you are travelling and sleeping 5 star hotels and still money is working for you. You don't have to call your boss and say oh boss I missed my flight what should I do? "Get a proof from the airline that it's their mistake that you missed your flight " no boss it was over booked so I gave my seat an elderly person!" What? You are fired!!!!! Nothing like that at all you choose to go back to work or order your manager what to do! Beautiful just beautiful!
Investing in different streams of income that don't depend on the government to bring in money especially now the pandemic is hitting the economy pretty hard will be wisest decision anyone can make.
Investing is the right thing matter, I have actually invested into stock market and the crypto market trust me crypto trading is more profitable than stock Investments.
he had a guest speak on his radio show that published a book called magnetic capital that’s about raising money. I bet you can get it for less than five grand
The idea of this is to design a PRODUCT that's keeps expanding its assets by repeating or adding different sub-products that generates cash flow. Innovation will attract investors
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
What a treasure señor Roberto 👍 how can small businesses be helped to thrive while they do what they love for living so that mom and pops locally can compete with big businesses ❤️
Could i make a question? If i need to build an investment company which legal framework is the best ? LLC's ? And also what purspose would a trust or a foundation serve? Can my investment company be a foundation or a trust? Many regards from Greece
Many thinks the price for the seminar is high, and of-cause it is, but if you know the importance of what you're going to achieve at the seminar, you will know it worth the cost and you won't even think about it. And i'm even surprise people talking about the money and not the education
I always knew traders will be talk about Sir Gabriel Johnson and his trading analysis I am so happy I invested with him all my debts has been taken care off.
Thank you teacher, I have 6 assets now Incorporated in to my company, and a lady takkes care just by collecting money and all assets run and serve people. I am financially free for the past 4 years And a banker is happy to provide a bigger loan amount. I am seeing the benefits of raising the capital by creating more assets in creative ways.
Holy caw, 5k to attend? Gosh - well you definitely don’t need a company. If 100 people attend the seminar that’s 500k right there. Hold 3 to 5 seminars a years you’re a millionaire and you’re all set, don’t need the hustle of running a business.
Getting rich off crypto is much tougher than it seems. I keep losing money while trading with these youtub videos, and finding a trustworthy professional trader to help out with these trades also appears to be nearly impossible. This is extremely annoying
The voices of crypto skeptics are becoming increasingly loud, discouraging newbies in the crypto world and causing them to perceive crypto investment as a risky endeavor
In this aspect, individuals who lack specific trading experience can actually benefit from primary traders' expertise without having to invest a lot of time and effort in developing a successful trading strategy
Kiyosaki is the author of more than 26 books, including the international self-published personal finance Rich Dad Poor Dad series of books which has been translated into 51 languages and sold over 41 million copies worldwide.[6][7] He has been criticized for advocating practices of debatable legality perceived as "get rich quick" philosophy.[8] Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA.[9][10] Kiyosaki's company filed for bankruptcy in 2012.[11]
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
@@susannnico Before i follow this advise..please tell me...are you real or a bot?
@@ebholeI'm sure it's a bot my friend, just learn from videos
Nice and Educative video. Even with my 450 credits score I was able to apply for a small governmental business grant of $367,000 as my startup capital.
Actually, I have been wanting a small business grant for a long time…BUT navigating it is what has kept me stuck…..not knowing where to go or who to contact. Can you please give more details about how you got approved?
Hi David, I do have my own illustration business operation by me as I person, but what I’m trying to do is implement robotics into my business. I would like to teach the inner kids how to draw, build, and program robots so, I would like to apply for a grant to buy 5-7 kits to use in my project. Tell me what you think bro.
David, I have a small business that I have been working on for 10 years. It is now just starting to take off. I am cash flowing but either a large grant or low interest loan would help me expand much faster. I work in the rural market. I help process the spent grains from distilleries and turn them into human food. I don't have any experience going for grants. I was wondering what the best place to look for a loan or grant in this market. Would the food supply chain guarantee loan be the best?
@@rashadstevenson8192 I will recommend you make your research about Governmental Grant Writer around your area so you hire them to do the application process for you. I hired one also.
@@dandavid6102 can you recommend the agent that you hired ?
This is 13 years old and it applies just as much now as it did then. I find myself currently running a complete service business, but I can only make as much as I'm physically able to work. Thank you for explaining about adding assets.
This info is timeless, it doesn't matter what year it is.
Y'all missing the point here, I think what he was saying is, for anyone to invest in your idea, "whatever" you are trying to raise capital for, it has to have a continual growth (assets) and not just a one-time thing. If there's no future in your idea, i see no reason why any serious investor would like to get involved.
Yes you got it
Exactly! Geez...pay attention people!
Ok genius. We know
@@evurodogscooperleash382 no you didn't shut up.
So how do we gain all that without using your own money
This goes to show how essential it is prominence of financial advice before taking a jump at whatever. Glad to have found your page.
I couldn't agree more because for newer investors like myself, it's always helpful to hear from someone who has been through it all, and yh yh I know losses are expected but It's unsettling to see your portfolio turn from green to red.
@Joe Caruso From someone who has participated both proactively and apathetically. I wholeheartedly concur that it is important to seek out professional assistance while learning at your own speed. Consider how I was able to develop a $262k portfolioo following for myself. Yvonne Annette Lively's analysis even launched a pod and a small RUclips channel. According to her, prudent saving and investing are the keys to achieving financial security.
@@maryalchester How reliable are these financial advisors? And how can I contact your coach? Can I search her? Yvonne Annette Lively I mean
@@mvanwie Website show after I googlesd name. I call to meet soon. Tank info, insha allah
@@mvanwie Meeting the right one could be a hassle, in regard to the large influx of scammers, it’s right to verify licenses, broker alongside the firm.
50 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
I think your thoughts about but but what you are saying is sounds good because you have a lot of money with but what about us I am not 21 year old guy having the salary of rupees 10000 per month you say to start a business how should I start a business if my salary is rs 10000 per month how should I raise the capital bank will never give me loan under this salaryThe think you say to raise capital but it is not easy to raise capital in india
thats the reason why you need financial literacy, and it requires you to observe the movement of economy.. working hard for others wont get you anywhere if you dont invest.. get more skills, meet more business people while making money even so little from start..
@@vidz022precisely! Thank you for saying this.
How?
A business is like a tree. always start small and grow fast and big, and to get a loan, you first need to prove that you don't need it. Period.
I think the same, although, If you don't need it, why ask fot the loan, anyway? (Unless it is to expand your assetts, that make you earn ten times as much as you are asking for...)
@@paullenton8351 it's true, in order to borrow hundreds of thousands of dollars or more you have to prove that you don't need it. So what's the point of borrowing then? To risk somebody else's money.
I think what he meant here by don’t need it, is that you can still manage to do it bc your business has so much assets or potential. The loan is just to make it easier for you. Basically, you prove that you can pay back the loan as easily as you can borrow.
Paul Lenton because it’s better to spend someone else’s money than your own. If he is using debt to buy an asset, the asset should be generating cash flow to pay off the loan. Which is what he refers to as infinite returns. The main point of the capitalist game is how can I spend the least amount of my own money (lowering risk) to acquire assets that are cash flow positive.
But but but trees don't grow fast.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
My CFA NICOLE ANASTASIA PLUMLEE 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 appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
In life, I will forever be grateful for health, wealth and a great professional *(Hamilton Phoebe Zoe)* whose help has been great for my finances.
Hello 👋, I am very interested in investing. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
I invests and earn by following my Coach’s instructions. My advice is to get a professional who will help you invest , plan and enhance your management skills. For the record , working with *Hamilton Phoebe Zoe,* has been an amazing experience.
How do I contact Hamilton Phoebe Zoe ?
There are several ways to contact my Financial Adviser , but the most effective method is to search the name :- *Hamilton Phoebe Zoe.*
Great info, I’ve been in search of ways to grow my portfolio and I’m glad I came across this. I will contact your Financial Adviser (Hamilton Phoebe Zoe) for help and hope to come back with a positive remark.
Cant believe 10 years just passed by...hello 2020 quarantine squad 🤣
Excellent video content! Excuse me for the intrusion, I am interested in your thoughts. Have you heard the talk about - Chireetler Become Athletes Rule (search on google)? It is a great exclusive product for understanding how to get bank funding for your business minus the hard work. Ive heard some interesting things about it and my friend got great results with it.
Lol😂
apparently you can still bend over and grab your ankles ~
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app,
I found this at 29, 2020
3month watching and listening to him make me calmer in investing.. i dont afraid to loose money.. what i save, what i invest.. i know why i do it
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mr Martinez Amend.
Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in October 2023
Most rich people stay rich by spending like the poor and investing without no stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
The idea of the whole trade market is something I still can't wrap my head around.
I have broken through 45k, 72k and got my eyes on 120k! Champagne stays popping, he is too awesome.people prefyto spend money on liabilities rather than investing in assets and be very profitable
I'm 50 years old living in Canada Albert, I'm willing retired at 55 if things keep going the way I planned bought my first house last month and I can't be more proud that I'm now glad I made a very good productive decisions that has changed my financial status forever*
1. an asset MAKES you money. It doesn't matter what anyone else says, the object has to make you money.
2. the object has to make money without you touching it.
So off the top that removes most things from being assets: a job is not an asset; cash is not an asset; the house you live in is not an asset; a car is not an asset. But, don't mistake these for assets that look like them: owning a business; a CD or bond; renting out a house; owning a taxi company.
Shakaama good summary !
His advice on acquiring assets is good. The way to start getting assets is to live like a farmer. Cut ALL EXPENSES, start young as well while your health is good and you can work like this. Pick up 3 jobs if you have to and go fast out of the gate. This balanced mindset really fucks the young generation up. (2 hours of work with a nice cup of tay bullshit). You got to grind and cut costs ruthlessly especially in 2023 since we have higher then a 50% chance of a world war. Dont be afraid to do some dirty jobs if your education level is not good, because they will pay but start honing a skill that will be fit for business development (roofing, computer programming, something). Not dancing, biology/chemistry (depends a lot on handouts by governments and is tough to create startups without connections), etc. Once you have the cash by this time you should have read nearly 500 quality books on investing etc. All this takes about 2-5 years, then apply the above from what he is saying. This is the proper way to start.
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
Trading with an expert has been the best way of making huge returns from crypto currency.
The common mistake we newbies make is investing without help and legit guidance from a professional.
@@David-oe7coYes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Sir Lucas S.Chamberlain last year at a startup funding event in Washington DC.
He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.
Trading is like a real time business if you want to win it, you need to be prepare for it. Markets are unpredictable, and you can't predict every.
no mater how foolish some ppl think kiyosaki concept is. i can never b grateful enough for his idea of "being an indian giver". such a priceless idea that has helped my investment strategy. thank u robert
knowledge is an asset
No it's not....
I agree if you can turn it into a business. For example I am a behavior analyst and I use that as a business.
It's a liability in Soviet Russia
@@Defy_Convention 🤔🤔😕😕😅😅😂😂😂😂
Application of knowledge is an asset
My main problem with Robert's theory is that he is always looking at assets from the point of view cash flow instead of net cash flow and/or profit and loss. When he starts looking at it from the right perspective of net cash flow or net profit/loss, then he will understand that your home could also be an asset cause it knocks off your rental payment from your cash flow and replace it with mortgage payment (which may be lower than the rentals) which invariably improves the net cash flow.
There is need to also note that there is a wild world of difference between cash flow and profitability. While cash flow will ensure liquidity in the short run, profitability ensures solvency and going concern status in the long run.
Unless there is something I am missing from his teachings.
Because he's full of BS.
Some people on this post criticize Robert Kiyosaki. From what he wears or how he makes his money. When you are making millions, you can wear what you want to wear and diversify your money however pleases you. Rather than criticize...try taking notes and change your mindset. That is the starting point! Do what he has done to have what he has and do whatever you want to do, with whomever you want to do it with, when you want to do. There is a difference between formal & informal presentations.
Whenever I watch the videos of this man, I feel like I'm flying into wealthier air immediately but waking up I find nothing. Anyway, it's hard practically to achieve financial freedom and do as he asserts but I hope it gonna be nicer in the coming days. Thank you!
Let’s talk 🆙
Thanks for information financial education
This dude is a Hefe! Robert, you sir have opened my eyes and as a pharmacist working for peanuts, I’ve moved my 401k into a SD IRA and LLC and made 25 k on my first house! I’ll have 10 by August through hustling, grinding and getting biz credit cards and private investment! 😎🇺🇸
Ten Plus thought about cash flowing through passive Multifamliy?
That's great news. Your comment is three years old, so how are things now? Follow up?
The stock market sure does provide opportunities to earn some decent payouts. it’s best time to look for stocks near buy zones showing strength compared to the rest of the market
Absolutely.. and also at this point finding the very best stocks right now that’ll generate massive gains is important.
While the stock market will almost certainly rise over the long run, there's simply too much uncertainty in stock prices in the short term
@@emmageorge3728 Superior fundamentals and technical action, and buying at the right time, are all part of the process to succeeding in the stock market.
I started my investing journey 4 month ago, it’s been one hell of a ride. The stock market has its disadvantages, or I haven’t been investing right.
@@kumarvenkatesh6600 To achieve higher returns in the stock market, besides doing more homework on the companies you wish to buy, it is often necessary to have an expert whose well grounded on the pros and cons of the market that can thus help you invest your assets to more profitable ventures
Thank you Mr Robert for the best info ever. I am growing through your lessons
Summary for the lazy viewer: GAIN ASSETS
😆
😆
lol now give me 5 grand for this epiphany
Thanks I thought I was going to have to listen to the other go thing.
Lol.. Perfect summery
He is the best seller I have ever heard.He says what you are missing out on instead of what you can have.
Thank you Robert for all your ideas.I have learnt a lot from you and now I share your ideas with others.
God bless you and protect you Amen
I'm DCAing in Block-Tken800 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Hello there Robert and Kim. Thank u for All u do to help people understand how to b successful in simple, easy to understand language.
God bless you and protect you and your family plus your doings forever and ever Amen 🙏
I don't understand how people can hate on this man. The same people that have something negative to say about him are the same ones that are afraid to apply and learn.
I respect you Robert I hope you are well and thank you for all the energy and time you put into teaches us what schools failed to teach us.
The people who hate Robert Kiyosaki are BROKE. Maybe if they actually applied what he teaches, they could become rich too.
It is true that some aspects of Kiyosaki's company are frowned upon, in regards to holding seminars only to sale you a "better" program, and selling so many different books.
However, if you read between the lines and ACTUALLY read these books, you will find out that he lays it out like nobody else. He offers the best information available to you and I in regards to business, and being able to live a better life. My favorite book is What Is Your Financial IQ, and The ABC's of Real Estate.
True
I’ve read almost all of his books and I have read rich dad poor dad about 5 times 😂
The more you listen the more it gets into your head, I’ve read plenty more books besides books by Robert.
Samuel Buis I hope u’ve applies d knowledge not just reading.
I read several rich dad poor dad books about 12years ago and tried making imitations of designer shoes, slippers, female hand bags but I found out am so good at that. But then immediately found out I’ve a more bigger problem which is how to sell these product and before u knw it. I had so many products but not sold. So I had to stop. So it folded.
Am gonna go back again but to something which is so needed by millions and also able to stay competitive with similar competitors.
@@samuelbuis6587 damn
What a wonderful experience learning from this book in September 2022.
Thank you Mr Robert Kiyosaki you always gives us amazing and very useful knowledge
It still comes down to: it takes money to make money, if you produce a product to sell, it takes money to buy materials, and some people, because of variables uninvited, beyond their control, has them gripped in such a state of poverty that they cannot move forward. You can have wise knowledge on what, when, how, pertaining to a wise financial venture, but you will still need startup capital. I can tell you where to pan and find gold, but you will still need money to buy the pan. You can attend seminars all day long, but the 5 thousand dollars you spend to hear some hype talk, would had been better spent on buying what you need to start up a business..
Not always! It is sometimes not necessary to have money to make money. Did you read his book Rich Dad Poor Dad? One example in the book is when he was about 9 years old, he and his friend set up a comic book library with hundreds of comics, and one trustworthy sister as an employee, and he didn't need money to start. He said he and his friend each earned $9.50 a week.
How did he acquire the comic books? You should read the book! I remember he asked the comic book deliverer whether he could have them, and he agreed under two conditions.
great video, very educative
Would luv to see this updated for a 2023 economy & with crowdfunding aspects
How to raise capital, hold seminars for 5k a head :)
Some people on this post criticize Robert Kiyosaki. From what he wears or how he makes his money. When you are making millions, you can wear what you want to wear and diversify your money however pleases you. Rather than criticize...try taking notes and change your mindset. That is the starting point! Do what he has done to have what he has and do whatever you want to do, with whomever you want to do it with, when you want to do.
Trust me, I hate tall claims when it comes to forex but my EA has shown good results and MAY continue to. It's impossible to guarantee future results as we all know though. The strategy can stand the test of time with Multiple settings. It doesn't just work with ONE special setting!
On my own I am struggling with forex trading, I haven’t had real success at it. How does your EA work, many people recommends using someone experienced to help out..
The professional traders are what they are, because that’s what they do. For me I just let them do the job it’s easy that way to manage my funds wisely.
Well said I want someone that can manage my trade, losing on my own without no experience makes it worse.
There are bunch of good regulated brokers, Entry/exit rules are one small part, psychology of the trader, capital management and many other tools play critical parts. Don't think you are going to become a brain surgeon by going to a weekend lecture or buying any single book.
I am on long term trading, it’s been 2 months adapting to my engagement Plan of trade, after months of backtesting my strategy with Jim’s EA guide, I have won my 25 trades challenge.
These tips can be gold. Like Jim Rohn says , " A small error in judgement repeated daily can lead to disaster. A Hershey bar vs an apple" . The opposite is also true such as choosing an asset over a liability and knowing the difference.
The idea here is to design a business model creating more assets and cash flow and not to raised capital in every moment your company need capital... to be able to raised capital from the investor you need a well designed business model that creates more assets and cash flow even in economic downturns
Great video! Some key points were highlighted that I hadn't heard anyone else discuss. Thank you!
Robert thank you for the information God bless you and your family 🙏
Thank you Mr Kiyosaki for this. I am currently a aspiring to be entrepreneur. Thanks so much
How to get rich, tell everyone you’re rich beyond belief and charge them $5000 to listen to you🤫😂😎
Neri Matrixx he told you exactly what the title says “how to raise capital” - buy assets. Its not rocket science
You guys are so naive. Go ahead. Try it. Lie and sell a course for $5,000. Hell, I bet you couldn’t even lie and sell a course for $100. You have to have selling skills, marketing skills, business management skills, just to sell an infoproduct.
I am thinking about a new type of restaurants : eating-spots,
in eating-spots, food keeps changing, chefs also rotate,
this is opposed to current restaurants
thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants,
along with that, there is an app,
people vote for the food that will be cooked in the next days,
menu is influenced by the live input of the people via an app,
He teaches knowledge in those seminars i can assure u its worth the 5,000
@@Zo-hc2fn it may be an excellent idea, but I wouldn't have shared it in a public area.
Much of what you say in this video, Robert, is the same as in so many others, yet there is always something new.
This time around was how the rich dad responded when you asked him to lend you some 100.000 dollars for your wallet business in 1975.
Another is that you were adding franchising to your assets.
Sometimes Robert seems to laugh at becoming debt free. In this video he seems to proudly announce the rich dad company is debt free.
Thank you for the presentation rich dad. I have learned a lot of things from you
God bless you for sharing your knowledge sir. Life is truly about impacts and you're doing it with love and simplicity. We're grateful for being selfless. Cheers!
Thank you very much my rich dad.
It's time to diversify your source of income.passive income is the best decision anyone can make. I invested in crypto and it's been the best decision ever.What really guarantees financial security is Diversifying your source of wealth.
I would recommend you get started with a professional broker that will trade for you while you get the profit
You don't have to be shocked, *Jessica Marie Gibbs* has helped so many newbies become millionaires through crypto trading
Jessica Marie Gibbs financials is one of the best traders I have worked with.
@@triciahall3213 Can you help me with a way to get in touch with this Jessica Marie Gibbs?
You can connect to her on wa sapp..
Thanks for information
I truly appreciated your video and learned a great deal. Like you I've been consulting about funding business and have a very interesting video that your subscribers might really enjoy watching.
Thank you, Robert!
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
You are right sir
Most people don't invest due to ignorance.
She helped me recover all that I lost while trying to trade for my self.
Talking of being successful! I think that am blessed because if not I wouldn't have met someone who is as spectacular as Mrs Hanna macko
So don't be scared of giving any one a try.,
i learnt a lot from you here
Thanks for your content sir
Verry good job Robert kiyosaki !!
Insightful video!
Assets, assets, assets what he does not say is that most assets start off as liabilities. Unless your charging 5k a head for seminar seats.
yes he does in other vids
True, e.g houses can start off as a liability until you start using it for rentals, a car is a liability until you use it for uber or whatever so i really dont get this idea of just waking up to assets
VERY INFORMATIVE THANK YOU
From 0:00 to 0:25 is all you need to know guys..
THATS exactly why he’s rich.. because of lower income people wanting to get the money he has.. by learning from him.. and clicks on his videos and comments... AND OFCOURSE buy his course 😎
The rest of the video... is just called common sense..
You can read the book, it's not expensive 🙂
@maciejl20 I remember he said he earned like 120k/year with his first job (pretty high that time). I guess it could be the start for his company.
@maciejl20 dude, we all want to know all the anwsers, but I guess we can't find that all from only his book, sorry 😅
@maciejl20 Yeah, it's more like giving me some hope that I have a better way to live, rather than just have a job for entire life... 😄
@Celes It's pretty obvious you've never read his books. He never had a job that paid him 120k a year. He was a pilot in the military. He used a loan and credit card to buy a house and rented it out. If you read even 1 of his books you'd know the difference between passive income and earned income.
Thank you
The gems are at 5:19 and 8:00
Design a company that acquires positive cash flow assets.
Assets make money for you. Liabilities take money from you.
Need you on every video
ជំរាបសួរលោកគ្រូរ🙏🏻 ខ្ញុំជាជនជាតិខ្មែរ ខ្ញុំបានអានសៀវភៅលោកគ្រូរ បកក្រែសម្រួលជាភាសាខ្មែររួច ប៉ុន្មានក្បាល ខ្ញុំចូលចិត្តសៀវភៅលោកគ្រូរខ្លាំងណាស់ ❤❤❤
business is like a tree, you start small and grows bigger
It's easy to start business in Africa compare to America. I started with 10 thousand dollars and now 10 years later I will never go back to work for anyone. Yes business is always up and down but boy you can't imagine the beauty when you realise you are travelling and sleeping 5 star hotels and still money is working for you. You don't have to call your boss and say oh boss I missed my flight what should I do? "Get a proof from the airline that it's their mistake that you missed your flight " no boss it was over booked so I gave my seat an elderly person!" What? You are fired!!!!! Nothing like that at all you choose to go back to work or order your manager what to do! Beautiful just beautiful!
Investing in different streams of income that don't depend on the government to bring in money especially now the pandemic is hitting the economy pretty hard will be wisest decision anyone can make.
There are so many Investment options out there, one has to be very careful in picking out a good one.
Investing might be good but investing in the right thing is the actual key to success.
Investing is the right thing matter, I have actually invested into stock market and the crypto market trust me crypto trading is more profitable than stock Investments.
People make the mistake of waiting for the government to provide everything for them and if you ask me, it is totally wrong.
The rich get richer by investing while the poor just spends like the rich without thinking about a good investment to go into.
Good advice please my brother God bless you and protect you Amen 🙏
@Whats àpp +⓵⓶⓪⓼⓺⓵⓸⓵⓹⓽⓽hello my friend
he had a guest speak on his radio show that published a book called magnetic capital that’s about raising money. I bet you can get it for less than five grand
The idea of this is to design a PRODUCT that's keeps expanding its assets by repeating or adding different sub-products that generates cash flow. Innovation will attract investors
I always enjoy learning how to get it right from the master of assets 🙏🏻🤗
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
When discussing crypto diversification frequently asked question is whether diversification is even possible
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
Cryptocurrency is a very good option if you would like to trade online
@@charleslapson4939
Please enlighten me more about online trade, I need it now
I have Mrs Laura Jasmine if you want to trade online
I finally understand what you mean, thank you🙏
I've been practicing capitalism since a kid, the word capitalize in short means to take advantage of to benefit you.
What a treasure señor Roberto 👍 how can small businesses be helped to thrive while they do what they love for living so that mom and pops locally can compete with big businesses ❤️
I see you store your pens tip down, so gravity pulls the ink to where it's desired. Smart.
Thank you sir.
Hmmm $5k. Unbelievable. It is enough capital to start out.
lol that's a good one
Yea I was thinking same here....$5k is roughly 3,50,000 in india
Love your informayion.
Brilliant
Thank you!
Very useful information
yay im the 10,000th subscriber to the Rich Dad Channel :)
Thank you for that! We appreciate it!
Could i make a question? If i need to build an investment company which legal framework is the best ? LLC's ? And also what purspose would a trust or a foundation serve? Can my investment company be a foundation or a trust? Many regards from Greece
hah!!! That's so simple, now the hard part is buying the first asset. I guess gotta get back to work. :(
After 11 years. Have you bought your first asset?
Many thinks the price for the seminar is high, and of-cause it is, but if you know the importance of what you're going to achieve at the seminar, you will know it worth the cost and you won't even think about it.
And i'm even surprise people talking about the money and not the education
ok so how do you buy your assets when you don't have capital?
Thank you so much from philipines
Good stuff. we use money everyday but we dont know much about it, agree?
timeless information, awesome your sharing how your business produces cashflow,
this simple method is life changing
The secret to financial independence is having a steady income stream (passive investment) and a hardworking manager like Gabriel Johnson.
I always knew traders will be talk about Sir Gabriel Johnson and his trading analysis I am so happy I invested with him all my debts has been taken care off.
How can i get to contact Gabriel's Johnson??
@@jasoncole9369 I also get in touch with him via
They are few men who are expert in trading i count Mr Gabriel as one because of his unique trading strategy
Gabriel Johnson touched me as a child
It would be good to actually here from this elusive rich dad that kyosaki has
Thank you teacher, I have 6 assets now Incorporated in to my company, and a lady takkes care just by collecting money and all assets run and serve people. I am financially free for the past 4 years And a banker is happy to provide a bigger loan amount. I am seeing the benefits of raising the capital by creating more assets in creative ways.
Investment company?
how big is the bigger loan amount?
@@epicgamer496 As much as I need.
As usual youre content are always amaizing keep them up
and thanks once more time
Holy caw, 5k to attend? Gosh - well you definitely don’t need a company. If 100 people attend the seminar that’s 500k right there. Hold 3 to 5 seminars a years you’re a millionaire and you’re all set, don’t need the hustle of running a business.
Love your books and videos
Getting rich off crypto is much tougher than it seems. I keep losing money
while trading with these youtub videos,
and finding a trustworthy professional
trader to help out with these trades also
appears to be nearly impossible. This is
extremely annoying
The voices of crypto skeptics are becoming increasingly loud, discouraging newbies in the crypto world and causing them to perceive crypto investment as a risky endeavor
Bitcoin is the world's largest trading cryptocurrency and accounts for more than 40 % of the market
Bitcoin has gained ground among today's investors. Its proponents say it is the future of currency and investment
In this aspect, individuals who lack specific trading experience can actually benefit from primary traders' expertise without having to invest a lot of time and effort in developing a successful trading strategy
I used to see crypto as a side thing but it has proven to be a major source of passive income since I venture into it
Thanks💛
This video was a real eye openner!! Really got me thinking! Thank you!
really good teacher
Kiyosaki is the author of more than 26 books, including the international self-published personal finance Rich Dad Poor Dad series of books which has been translated into 51 languages and sold over 41 million copies worldwide.[6][7] He has been criticized for advocating practices of debatable legality perceived as "get rich quick" philosophy.[8] Kiyosaki is the subject of a class action suit filed by people who attended his seminars and has been the subject of two investigative documentaries by CBC Canada and WTAE USA.[9][10] Kiyosaki's company filed for bankruptcy in 2012.[11]
Yep. 100%