I’m 15, knowing this stuff now is absolutely incredible and I hope to start investing in real estate in my early 20’s
@sajansinha9432
5 жыл бұрын
Lucky Guy
@randomdudewithahotdog2626
5 жыл бұрын
Im 16 and have the same goal as u. Im planning to invest on stock market in my 18.
@juliotorres2925
5 жыл бұрын
Random dude with a hotdog same bro same goal!
@mandystop1077
5 жыл бұрын
@@randomdudewithahotdog2626 I m also 16 and I have savings 😊
@kevinkemble3718
5 жыл бұрын
Seby S ; bud. Keeping looking sharp out in the marketplace. Read Robert Kiyosaki’s “The Business of The 21st Century.” And more than once. Like over and over. Lmk if it makes sense. “Passive Income,” yes. Investing into your mindset starts now.
@irenekorie49
Жыл бұрын
*Considering the economic downfall and the rise in poverty across the globe. I ask; What’s the best way to achieve financial freedom?*
@silviaerling382
Жыл бұрын
This is the best question of the year. I pray you get the right answer here.
@irenekorie49
Жыл бұрын
If I could ask; who’s your financial Adviser and how do I gain more info?
@tomasfrederico576
Жыл бұрын
It's hard to trust someone with money or get a financial advisor who can help you plan, invest, and manage your investments for the best results. Working with Donald Nathan Scott, I realized that good people do exist.
@MichaelJayValueInvesting
6 жыл бұрын
Wealthy people are always looking for ways to use their surplus income to acquire more income generating assets. This is cycle of positive reinforcement.
@TheAgentAssassin
6 жыл бұрын
Can't I just skip all that stuff and sell how to get rich books? just kidding ;-)
@youtub3d
6 жыл бұрын
investors should not be held accountable for a greedy system.
@britishboxer6875
6 жыл бұрын
yup, its calls con artist, bets example, the BAIL OUT...no one who earned passive income cared if yo grandpa starved, its business as usual and part of been rich...
@KevsUploads
6 жыл бұрын
Oh yes!
@manictiger
6 жыл бұрын
@Douglas Wayne They were supposed to teach you this in grade school. If it takes 500 manhours to make a shack and each manhour is 10 dollars, how many dollars does it take to buy the shack? Greed is stealing that shack from the people who built it because you read the communist manifesto in high school.
@sergiosaldana5631
6 жыл бұрын
Skipping the negative comments , shout out to the open minded people we all going to make it one day 💯 stay humble
@Miracle-fw3zd
4 жыл бұрын
Sergio Saldana love this comment! 🤍
@KEgotKeys
4 жыл бұрын
Sergio Saldana ✊🏽✊🏽✊🏽💪🏽
@carloscanchola137
2 ай бұрын
Ahuevo
@Leath3r
6 жыл бұрын
My man. Im halfway through "Why A Students Work For C Students" its a great read
@abcdxx1059
6 жыл бұрын
Leath3r read enlightment now or something like that
@moneymikeslickwill8749
6 жыл бұрын
Im reading it to man its life changing
@fredano5557
6 жыл бұрын
Leath3r I seriously need that book
@kimj827
6 жыл бұрын
Thx for the book tip, I’m going to search for this book and books alike today!! Robert is amazing 🙏🏿😇
@rickeshpatel4025
4 жыл бұрын
I’m the C student 😂 😉
@allentrevor1936
5 жыл бұрын
Weird thing...I enjoy listening to him, but whenever she talks I get a weird brainwashed vibe like a robot repeating everything he said. I like Robert tho
@reecehayden7731
5 жыл бұрын
Seconded
@dampsomsatan
4 жыл бұрын
shes cute so i dont care
@tommajor3832
4 жыл бұрын
Its a girl thing. You are subconsciously extremely jealous of her.....its ok
@thelookingcat
4 жыл бұрын
I agree. It feels like she's kind of advertising for the company.
@RGTomoenage11
4 жыл бұрын
Deedee Mireya well, she is his student and is also advertising...
@isabellaharper3493
2 жыл бұрын
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?
@charlottegomez5279
2 жыл бұрын
When discussing crypto diversification frequently asked question is whether diversification is even possible
@charleslapson4939
2 жыл бұрын
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
@charleslapson4939
2 жыл бұрын
Cryptocurrency is a very good option if you would like to trade online
@mohammadmurphy3927
2 жыл бұрын
@@charleslapson4939 Please enlighten me more about online trade, I need it now
@nickcholasstampley1149
2 жыл бұрын
I have Mrs Laura Jasmine if you want to trade online
@josh2bless697
5 жыл бұрын
I am currently at my "earned income" job and watching this because my goal is to become financially free so that I don't depend on earned income. Thank you, Mr. Kiyosaki, for this education.
@josh2bless697
3 жыл бұрын
@The Rich Dad Channel Okay, will do. Thank you for responding.
@josh2bless697
3 жыл бұрын
@The Rich Dad Channel I have been looking into Bitcoin. This is a confirmation.
@googleaccount6931
2 жыл бұрын
@@josh2bless697 theyre trying to scam you
@epicgamer496
2 жыл бұрын
@@googleaccount6931 too late
@MNIGN56
6 жыл бұрын
Ive learned about you back in 2003 and have not yet acquired anything you have taught. I was stuck on trying to survive with a slave mentality. I tried to build a carpet cleaning business from working in one and failed. Did not know there are over 60 carpet cleaning companies in the area. Now i am reaching back out to you to learn to be financially free. It gonna be a tough road because i am 44 years old.
@KingBradley-mv5fe
6 жыл бұрын
F Gordon I’m late to your comment but Now is one of the best times to be an entrepreneur/business owner. Your social media presence and utilizing digital marketing is what will make you stand out and separate you from the other carpet cleaning companies. I greatly suggest you study on how to create Facebook, KZitem, and Instagram adds. Also learn what kind of content to post for a small business on social media platforms.
@Martins2012
6 жыл бұрын
So you opened a business without any research? well, you should be happy, you just learned a lesson, don’t open a business without researching the area, the market, competition, in your case, the % of properties that uses carpet etc...
@persiafive8360
5 жыл бұрын
Keep going F Gordon, keep digging you will strike oil soon. Time will move anyway, whether you do it or not, you're still young.
@thestuff4321
5 жыл бұрын
How you doin bro?
@goinsvirginia
5 жыл бұрын
Investing in hard assets is what he teaches. I get it.
@KaiAndrew
6 жыл бұрын
Literally the first eye opening lesson I learned from RDPD over a decade ago. It helped me escape the rat race in my 20s. Hired a great accountant and put together a tax and investment strategy. When you think about it, the government is taking ~35% (state and federal) of every paycheck, plus sales and property taxes - it's insane how you only really keep half your income.
@alexanderchenf1
5 жыл бұрын
I suggest the channel manager to number the videos in chronological order, and make a bundle list.
@shubhamrathi351
3 жыл бұрын
Yeah really
@benjz051
6 жыл бұрын
thank Robert Kiyozaki..you change my life when i read your books “Rich Dad , Poor Dad,” great help to me my mindset in life..
@50TEW
4 жыл бұрын
Me too, his book changed my life
@johnjoxx
5 жыл бұрын
1:05 “3 types of laxonat”
@natureheals5240
6 жыл бұрын
That girl has no idea what she's saying or why she's there
@Justforthefifteen
5 жыл бұрын
That’s most of us, most all the time...
@shreyastamane9696
5 жыл бұрын
It is still lot better than sitting in a classroom!!
@BboyDaquack
5 жыл бұрын
cuz she's pretty
@justmylifestyle5584
5 жыл бұрын
@@BboyDaquackShe is an intern, she is young and learning, she will get there eventually
@post-humangod2575
5 жыл бұрын
What makes you say that?
@punisher6
5 жыл бұрын
Many people only use the left side of their brain. Creativity comes from the right side of our brains.
@laragreene8328
5 жыл бұрын
And alot of people dont recognize BS....lol
@Monster33336
5 жыл бұрын
I know Robert's secret, but can't share it or I may be in trouble. =| Truth is, nobody will ever tell you the truth about wealth creation and manipulation, only you can find it.
@korgond
4 жыл бұрын
What's that secret? Give some clue at least
@ShesSoKiwi
6 жыл бұрын
Omgs so good love this.. It's like its in the back of my head and I've been scratching til some thing came out snd you finally knocked me into sense! I love you Robert!! My father's name of course too.. I read rich dad poor dad many years ago and still have the same book. All u and Trump thinking both gets me really fired up.. i've always known I've never wanted to work for a pay check always wondering how the big companies succeeds. My ex boyfriend owns a mechanical shop he can make any machine and has a very detailed mind in coming up with solutions but its so broke because he under values himself. I'm talking about, machine any where from $15.000-80.000 but he will get the machine in top materials and see the job done right. But giving himself what the labor and drafted CAD drawings use is at 1/3 I'd what other specialist machist would change. Not only does he have his business, but now he owns a few rents in IL. Some how is always broke and different fing have your own?
@ashokkurian6884
6 жыл бұрын
Dear Robert Many years back I attended a church session and after I came back I noticed your book Rich Dad Poor Dad. I read it and it had a lot of the answers to many pressing questions. I thank God for it. Iam not rich ,by no means but at least I have the knowledge and that's what really matters Regards
@DeaLenihan
6 жыл бұрын
Now we need examples.
@pj-qr9lu
6 жыл бұрын
Dea Lenihan looking good 🌷
@britishboxer6875
6 жыл бұрын
the bail out, taxing the poor, raising money for a cause and laundering it, creating a clinton foundation tax free formed LTD, just a few examples., taking bribes from politicians to start wars, blue chip investments such as the military industrial complex, weaopons, bio weapons and mind control agents, poisoning the public and feeding them dung fro mbill gates machine, some even sterilize the poor to keep them metrosexual., working for the wrong side of the law, rich in cash and some love.
@yahyamiah1743
6 жыл бұрын
Same bro I’m learning to trade forex with a network marketing company & this is best way to get rich fast with a small risk ratio
@nishh_700
5 жыл бұрын
@@firasmegrahi8587 i wanna talk to you!!
@JamesAutoDude
5 жыл бұрын
@2niner71 so really all you need to do is act like you have all the answers and word it in such a way that it sounds like you do and it sounds like you're gonna share those secrets, but never reveal them. I knew that those damn seminars for learning real estate and crap had to be total b.s. By the way, if it was easy, everyone would be doing it just like Uber/Lyft (it was easy and now everyone's doing it but not making money because it's oversaturated now)... Also, if it sounds too good to be true, it likely is just that.... Too good to be true ...
@craigchase8511
6 жыл бұрын
I always love your knowlege and advice Robert. You are a gem sir!
@kevinsnyder2026
6 жыл бұрын
I like those cool blue glasses.
@fishmut
6 жыл бұрын
I love all these videos, it’s to late for me but I can hopefully help point my grown up kids in the right direction , there young and I really think they can make it to the best of there abilities. Thank you for sharing these videos .
@michaelevans9521
5 жыл бұрын
You’re an awesome dad , I educate my wife and we educate our children. My parents never taught me when I was younger and asked about how to make money they told me I was too young and I don’t need to worry I’m just a kid. But as an adult I own rental properties and teach my children not to work for money but buy investments to pay for the things you want because after the item is paid for they will still make money from their investments. They see what I do and this is normal to them, seeing me buy properties and putting checks in my credit union. Investment properties have freed up my time where I retired early from my JOB and in turn I have more time to find more properties that make sense to purchase. Life is exciting now. Time with my family, security, priceless
@canman5060
5 жыл бұрын
You need school drop outs to create employments for the graduates.
@Unnone_editor
3 ай бұрын
There are two type of eyes side 1: E, S = (E) is employed (S) is small business, self employed or specialist 2: B, i, = (B) is big business, 500 employed or more and (i) is professional investors I wanna be in B and i I know it will take time and they are the hardest And money🤑🤑 And the most people make mistake is they focused in E and S Cause they say (i want to do what i love) You see, in real life sometimes you have to do what you hate, it's not the passion, it's the purpose in life And my purpose is to get B and S And most people are trapped in E and i cause they are doing what they love not the purpose they want Most people say they want to do what they love and it's fine if they are fine being in E and i
@aheebwaarnold3555
5 жыл бұрын
I would like to know some of the outside class courses that one can take to better their financial knowledge
@JamesAutoDude
5 жыл бұрын
Same!
@adamdecaul2457
6 жыл бұрын
Can you please do a more in depth lesson explaining how you get money from the four different assets. Most interested in way you use your business to get income without being taxed?
@abcdxx1059
6 жыл бұрын
Adam De Caul why Take advise from him on business his company went bankrupt
@spencerkraus
6 жыл бұрын
If you think that declaring bankruptcy means he isn't educated and experienced in business and financial concepts then you have a lot of ground to cover before you can start trying to critique his capabilities. He is an extremely wise man, especially in the financial realms.
@siyandanohase6209
6 жыл бұрын
+Spencer Kraus well said sir
@24barrasnick12
5 жыл бұрын
Adam De Caul put the profit in real estate That’s what im about to do in a couple of months
@Calferr
6 жыл бұрын
Make your money in the big cities and then retire in the country side. Simple.
@mrmarkl328
4 жыл бұрын
Idiot
@sespaillat
6 жыл бұрын
People I want you to understand something. The rich write the rules of the game in our country USA capitalism is the game and Robert is showing you how the game works. Our government replaced imperialism and colonialism with capitalism. Now that he has taught us the game we all see how it is economic slavery. He basically teaching be the business owner because that a free man in our society but it takes time to build a big business. Money is equal freedom, the only way you can free up your time is by creating a business that can make you money and pay your expenses without you physically working. No money is truly passive but the whole game of capitalism is based off making money on the labor of others who work for you in exchange for money. Their only two solutions you either make your company a worker co-op or you start a revolution and get rid of the system entirely.
@lindanorris3226
5 жыл бұрын
THANK YOU SO MUCH FOR SHARING 🔥
@SajadAli
6 жыл бұрын
thank you Robert, you were the inspiration for my KZitem Channel 🙏🙏🙏
@stilgottheblues
6 жыл бұрын
"Working Class DNA"
@randygarcia3378
6 жыл бұрын
I would like to thank you. I read Rich Dad poor Dad. It changed my life. Realestate has been my most successful passive income thus far.
@PClanner
6 жыл бұрын
BIG Issue: Tax is the method which is used to FAIRLY proportion the amount of money taken from each person to help the country pay for the "cost" of living in that country. It is there to support the system - it does not make anyone rich as the requirements of the country and the capitalist process used to run the country usually mean the money is used to pay off a deficit. Tax is a responsibility of every citizen that wishes to see their country not go broke, and to see an example of people being irresponsible in that area, just research Greek economy over the last 70yrs.
@Markus_Abrach_-_marea-Finanz
6 жыл бұрын
In my country it is different: earned AND passive have highest taxes (the same level); portfolio is less taxed
@rpena0899
2 жыл бұрын
That's how it should be. This is literally earned income. It shouldn't be incentived to pay 0 in taxes. He's right about one thing tho. The rich make the rules and when they do they wrote them for their own benefit and screw everyone else
@deshonmiller5573
6 жыл бұрын
Are you nuts! Are you nuts? Thanks Beautiful information.
@Squanching-squanch
5 жыл бұрын
What real estate classes or courses would you recommend for beginners that would want to buy a rental unit?
@NakkeJohn
6 жыл бұрын
How does 1:00 say "income", more like "1aconaet" whatever that means :/
@post-humangod2575
5 жыл бұрын
a is n, na is m and et is e,
@AliNadem
6 жыл бұрын
good stuff enjoyed the 2 cents
@h2jennings
6 жыл бұрын
Awesome lesson Robert!
@nutankhetre4571
2 жыл бұрын
मैं आपकी इज्जत करता था मगर हम इतने गरीब भी न र हे की मा बाप को libelity समझे ..
@robertdelagarza5977
5 жыл бұрын
its funny because everytime i ask someone about investing in real estate i guess they cant comprehend it but they always bring up stocks and bonds lol
@tothediaspora3905
5 жыл бұрын
I've been wanting someone to explain this to me like this.
@csiki2504
5 жыл бұрын
Glad to see you here too! Your book helped me change my mindset. And after 4 years of savings i made my first investment. Looking forward to learn more about this! Thank you for your time and informations!
@PavanMS87
6 жыл бұрын
Such a great video, how does one be sure of the idea to start a business? Im simply unable to wrap my head around that , i have many ideas written down. Not sure where to start. Any advice is appreciated. Thanks
@abcdxx1059
6 жыл бұрын
pav_s2003 pavan verify that idea can add value to the people and to you be Crystal clear and judge without bias that it is required then Build a product and verify it by showing it to people they should buy it if they do Start planning about marketing increase product etc
@PavanMS87
6 жыл бұрын
Apex Predator this helps. Thanks a lot.
@elmahoufzakaria1915
5 жыл бұрын
there isnt a certain way or path or idea that will make a big blow, with practice and actuel action you will know what to do next, instead of thinking ahead too much just start from the basics, if it fail you will know why and if it didn't you will know why , i learned that from many fails and now im improving up. dont be afaid just do it, thinking too much will backfire on you
@robmadera9757
5 жыл бұрын
I have a quick question how can I do deals with no money Robert ?
@James以仁慈
5 жыл бұрын
Leverage. On other peoples money. Aka. Trust
@renee7514
4 жыл бұрын
OPM aka other people’s money. Find a partner who has money or start wholesaling.
@jennygao826
6 жыл бұрын
the problem with what he is teaching is it works great for the individual who is willing to take some risk and make informed decisions like he did. BUT think if EVERYONE did this in our society, this would not work and the whole thing will fall apart - just imagine if everyone had rental properties outside of their primary residence, who the hell is going to rent it then? I know it's hypothetical but.. it's not sustainable if we were to care about every individual in our society. It is a similar problem with automation/owning automation, it only works if a select few has them, if everyone had them, well... there would be abundance but nobody will "make money" off of it (just think dollar store but now applied to just about every product/service). It's good to be smart about money but I do think we need to start thinking about these things for humanity as a collective rather than for few % of the population who had access to information/technology/wealth/etc. We need to start thinking about how we can all live well and not leave some % of the population behind by taking advantage of their labor. I appreciate that Robert Kiyasaki cares about millennials and tries to help them by sharing what he knows, but we need more leaders that can go even beyond this and really tackle systemic problems that are deep rooted in our culture - a culture that only cares about individual successes and wealth. This will take time and no easy task..
@fredklan9872
6 жыл бұрын
if the financial education system doesnt teach you these things... where do you go to get the details other than work as a book keeper or as an insurance agent? I mean you give a good "perspective" but where do i find the details?
@mable90shaynne
5 жыл бұрын
I felt it when he was talking about A students. I was an A student and was so frustrated when I realized that it didn't mean a thing to memorize answers in the real world! I felt so unprepared for life.
@bladelazoe
5 жыл бұрын
Exactly, but once you learn to re-program your brain and really understand how the world works and learn through the pains of failing and trying again. Life isn't so bad. The problem is many people don't really wake up to this kind of stuff so they suffer without ever really knowing why they are suffering.
@RetroChromebookGamer
6 жыл бұрын
the worst part is, you never hear from the 100s of failed entrepreneurs so your mindset is always skewed
@spencerkraus
6 жыл бұрын
Plzdontattack quitters never win, and fighters never give up. Read the story behind Colonel Sanders and KFC if you don't think every person could pursue and succeed in entrepreneurship if they are committed and believe they can. 99% of success is mindset, not ability.
@coriewo7068
6 жыл бұрын
hard work pays off, you gotta work hard for what you want
@benjisea
6 жыл бұрын
who knows the actual numbers and success rate, we need charts etc
@insomthegreat
6 жыл бұрын
Entrepreneurs don't fail.
@jf8461
6 жыл бұрын
@@coriewo7068: Work SMART, not just hard! A donkey works HARD.
@sirraymondluxuryyacht8131
5 жыл бұрын
She's a sweet humble girl. Her job is to allow him to teach her, which she is doing well. - chill people
@sherlok7156
6 жыл бұрын
There realy nice OPTICAL ILLUSION jn 8:12 with glasses !)))
@Jeffybonbon
6 жыл бұрын
I have supported your views for years Today in the UK its hard to make it work The Govt is Taxing Investment property
@abellara9169
5 жыл бұрын
1 on 1 with Robert K.? What a lucky lady. Well done. 👍👏👏👏
@theshark84724
6 жыл бұрын
These may be targeted to millennials, but I’m older and I’m learning a lot. If I had known this when I was young!
@icarus6492
6 жыл бұрын
I don't get it. If the government is only taxing the guys who are having "earned income", more people will resort to "passive income". So essentially, less people would be interested to study to become doctors, engineers, scientists, etc. It's like the government is aiming for quick wealth through entrepreneurs without thinking about longevity of the nation as a whole.
@transporter5173
6 жыл бұрын
Hi Robert...I was wanted to ask that being from a lower middle class ..how can I think out of box and approach towards passive income...whereas all the people besides me are talking about taking a job as early as u can..How should I innitiate?
@bronney
6 жыл бұрын
Insta-sub because of this: 6:40 . These are the lessons I learned too late in life, but learned nonetheless. And it is one of the most important. Robert, you're doing good stuff. May these 10mins+ clips also bring you passive income ;)
@rajashreenaik25
6 жыл бұрын
Thank you sir for sharing your knowledge.I am big fan of yours.. Recently I came across this channel.I am highly obliged to the channel owner
@cyng8198
5 жыл бұрын
I thought it said, "laconAT."
@wpnd9439
6 жыл бұрын
Man, I am NOT pickin' up what this guy's throwin' down.
@theaverageone9289
6 жыл бұрын
What are some examples of reliable passive income?
@bknyte23
6 жыл бұрын
This is complete truth some will relate and adapt and others will decline and delete.
@junedkhan-zv6oh
6 жыл бұрын
Can u please write your speech in description box
@T2HeadedEagle
5 жыл бұрын
She sounds like a student with special needs. This man is very smart financially but she destroyed every video he has..I'm done
@dawidel6439
5 жыл бұрын
is about that shee looks good for audience is perfect
@LalitSharma-ji1vy
6 жыл бұрын
She has very good accent.
@jf8461
6 жыл бұрын
Accent??
@Coffee_of_entrepreneurs
5 жыл бұрын
She is sexy
@jordyv5421
5 жыл бұрын
Income looked like Chinese to me ;) Furthermore great content as always!
@unstoppablesingh6717
6 жыл бұрын
Business,Real estate, commodity
@patcharagit33190
2 жыл бұрын
I don't get it. Here where I live we don't have 401(k), we have provident funds. But the idea is similar, the company matches a certain percentage you put into the fund. And this has tax benefits, it can be used to reduce the tax you pay. How is this not good? Can someone explain to me? Thanks
@buicklincoln
5 жыл бұрын
I agree with his point about Krok being in the real estate business...but he also was in the theft business. Ray Krok didn't start McDonalds. He stole the business from the naive McDonalds brothers. I think it's important to teach the whole story not just part of it. Krok could've still been rich or shared fair value of his profits with the McDonalds brothers but didnt'. Integrity should be taught in any business class.
@stevenmilton9302
Жыл бұрын
If you shouldn't put your money in a 401K, where do you put it? What is the best way to use the money you work for?
@amandamate9117
5 жыл бұрын
that gurl is super anxious
@Lexofeelya
5 жыл бұрын
New perspective on my homeland completely. Ive always listened to my poor folks bitch about the rich and the govt and how its not fair but... whats more fair than a guaranteed wage for those who give minimal effort? While those who take risks and strive harder, can go to work all day and make nothing? Jobs are just starting points. Not ending points. I work for a check. For now. But ill be investing that money into an asset. I will create my own business, I will automate it, and I will quit working for a paycheck. Use ur tools wisely, friends. The universe rewards action, not mediocrity
@Dr23rippa
6 жыл бұрын
Good promotional video for your class!
@tawfeeqabdi938
6 жыл бұрын
she is so cute :)
@jasonfanclub4267
6 жыл бұрын
cute and rich
@razorcliffhudge147
6 жыл бұрын
hey she is mine lol
@henrijeune
5 жыл бұрын
@@gabegarcia4741 You're a sad person man
@6a66y69
5 жыл бұрын
That’s all the dude got from the video 😴 ^^^^
@gnewsom892
6 жыл бұрын
I do believe most entrepreneurs work many hours running their business or managing their real estate. Also many meetings and doing lots of research even when they are traveling .
@なかいまこと-k2u
6 жыл бұрын
Then where can I learn financial education class is my question 🙃
@ytstrike3
6 жыл бұрын
Robert sir please change the background ..
@jasony7
6 жыл бұрын
superannuation is taxed at 15% , not the highest
@singhamvibes5592
5 жыл бұрын
How does demonitization affects passive income ?
@stjepanhauser7595
Жыл бұрын
Year-over-year inflation stood at 6.5% in December 2022-the lowest that figure has been in more than a year. Inflation was in line with what economists expected and gave many of them a reason to believe that the peak of inflation may be behind us. I have approximately $150k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?
@anthonythegreat72
6 жыл бұрын
She's going to be rich one day.
@markemerson98
6 жыл бұрын
So who works if everyone had a company?
@kalachkad1678
6 жыл бұрын
Somebody
@kalachkad1678
6 жыл бұрын
Not every body has the audacity to own a company!!!!
@dennisvang402
6 жыл бұрын
There's a thing call company helping other company. For example, Company A can produce Cash Register and sell it to walmart and allow walmart to brand it with walmart logos.
@vcash1112
6 жыл бұрын
Realistically that will never happen, so your question is irrelevant!🤔
@TheMarcosdeo
6 жыл бұрын
Mark Emerson Its like asking: What if everyone turned vegan. It'll never happen.
@Joefest99
6 жыл бұрын
I like Robert Kiyosaki, I just hope he's not trying to make people reliant on HIM when he says that you shouldn't just go out and try what he is saying without education.
@rosieesantiago28
2 жыл бұрын
25 yrs old now, and Im just starting on my career and will make it a bridge for what Rich Dad advise for me to do.
@squishyplums2415
6 жыл бұрын
If the government wants you hiring and investing and not being an employee then why does the government punish employers with a ton of regulations, taxes, and non-business friendly laws? Peter Schiff says government criminalizes employers. And government teaches people only to be employees.
@Dmitriy-hf7jv
6 жыл бұрын
That's a true statement in basically all Democrat run states.
@skatewithya179
6 жыл бұрын
Basically government only rewards you when you have reached the big business level while they make it harder for the self employed business owner. Hence why self employed pay 60% of what they make in to taxes
So how do I go from making an hourly income to having passive sources of income? What do the successful people invest in in 2018 to be sure of themselves?
@BoostMobile-jl9gn
3 жыл бұрын
Can I put my earn income into my asset
@thesaucyguy5050
4 жыл бұрын
Thats why i realized why Marx critiqued Capitalism in 4 volumes maybe because Marx unfortunately didnt got the idea of financial Education during the industrial revolution. However, these educated ones preferred Socialism or Communism in a way what the government can do to provide needs for the common good, the bourgeosie and proles. But they didnt know to the fact that the government wants them to become a working class eternally, so that they could pay more taxes, loans, and social security insurances. They work for money and become subjects of their salaries, slaves of their money, perpetuating protests against the govt. While the ventured capitalist and the wealthy risked everything to become entrepreneurs and rich because of their mindset. Life is unfair really if youre enslaved with your mindset. Its not our fault whether we become enslaved or blame our material culture or social environment. Time to wake up! We should change our Mindset to become Rich.
@debraberg4513
4 жыл бұрын
I hope at least one young adult or anyone can read this. I was to inherit a house from a dead beat dad who was never in our lives and never paid child support. It would've been the only asset I'd ever have to invest in. Like many college grads, I've been poor with nothing but a little savings. I hustle for a living in an industry that no one ever would go to school for would want to. This house that I "was" to inherit actually belonged to my our uncle who was once a LA doctor right up until he died of a stroke or something of that nature in 2017. In 2018 my father ended up getting stage 4 cancer but was supposed to get all assets from his dead brother since he had no will himself by the time he died in 2017. Our father had no real assets for himself other than a "mortgage." Initially in our father's will my sister was to receive a small trailer in AK that was also owned by our late uncle. I felt bad for her since she was the only one among myself and our mother whoever had any kind of relationship with this guy. I told her I'd share everything with her, she texted back to me "Ok." She would even tell me that "we deserve that money...." In Dec of 2018, I ended up ruminating over feelings over my mother being by herself in taking care of myself and my sister. So...basically in Dec 2018, for some unGodly crazy reason, I cursed and berated my dead beat dad out via text. I didn't even care about my part in the will. In Feb 2019, my father amended his will and thus gave the house to my sister. In Feb 2019, I flew from NYC and went to care for our mother who just got out of back surgery in GA. My sister would then tell me that I was out of our father's will and that I didn't deserve that money. In a few days after my visit, my mother would die in front of me and my nephew a few days later while my sister had been going to FL to see her "daddy" and was about to take a cruise w/ one her daughters. I couldn't effing believe it. My mom was dead. Our father would die exactly a month later. I'd later learn that my sister had my mother sign everything over to her on the day of her surgery 2/7/19...even if my youngest nephew and I were supposed to inherit one of my mom's properties. My point isn't about having a sociopath for a sister who constantly depended on and manipulated and stole money from our mother and tried to scheme money from a dead beat dad who didn't even like her. My point is: kiss as much butt...even if it's your dead beat parent. For me, I am doomed. I'm doomed to poverty and to death by poverty. It's a pathetic, poor person's mentality as mention by Mr. Kiyosaki, sure....but I am 47 y/o with an OCD that conquered me and gave me this pathetic mentality. I let my issues rule my world, my life and my independence. Young people, take this man's advice: Do whatever you can to become independent (w/o becoming a prostitute or hurting others) and then do what you love later. Second point: DO IT NOW.
@BrokTheLoneWolf
5 жыл бұрын
If you understand tax and debt you’ll be super wealthy in this financial system.
@ljohns9143
5 жыл бұрын
CPAs exist and will take care of the tax issues for you, you can even deduct their fee
@JamesAutoDude
5 жыл бұрын
@@ljohns9143 very true
@gamerzskillz7780
4 жыл бұрын
I love this guy. I'm really motivated to making my own real estate business.
@cebonala8775
3 жыл бұрын
I'm only 12 turning 13 this month but in grade 8 and this is...wow. I will never read fiction books again until i finish rich dad poor dad series. I am only on like Chapter 2 but it has already flipped my brain. From "I wanna make money" to "I wanna get into debt"
@edwardnorek8506
5 жыл бұрын
What classes, seminars or other education do you suggest for those of us late to the game and looking for the right path?
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