YOUR CASH IS WORTHLESS, AND HERE’S WHAT YOU CAN DO ABOUT IT - Robert Kiyosaki
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- Опубліковано 30 вер 2024
- Robert says savers are losers; paper money around the world is losing value everyday. In this episode, find out why paper currencies are losing value, why certain elites want you to save money, and what you can do to hedge against the devaluation of fiat currencies.
Best known as the author of Rich Dad Poor Dad-the #1 personal finance book of all time-Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books-Why the Rich Are Getting Richer and More Important Than Money-were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
www.richdad.com
Facebook: @RobertKiyosaki
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Twitter: @TheRealKiyosaki
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Instagram: @TheRealKiyosaki
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This video aged like fine wine. Watching this in January 2022 and the US dollar is in shambles 😹
I explained what you said about good debt and bad debt to my friend that is debt free and wants to stay that way. I really don't understand why people don't want to take in the knowledge to better then selves. You really are right when you said " The Poor man takes no risk, the Rich man takes all the risk "
Inflation is eating away at the dollar. Oil and gold are going to go up soon and during the next recession.
(If you’re holding paper your holding nothing) THAT HIT HARD
Anyone can create their own crypto coin. The security of Bitcoin through its decentralization of leadership and hash power cannot. It's not bitcoin and blockchain, blockchain is worthless without the security of the network. No one would care about "blockchain" if bitcoin wasn't successful. I think it's important not to dismiss bitcoin by saying the market can become inflated by new coins. This is true, but bitcoin itself cannot be replicated.
Thank you very much Robert! Very interesting upload as always. Love gold and silver!
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What they are doing with the certificate is what the bank used to do. Funny how the banks are now scammers and these guys are doing the legit business.
This was Great Message thanks. Love the last 15 minutes. Peace out.
Thank you all for continuing to Bless us with the financial knowledge necessary to succeed here....WOW!!!!!!
This was a Good Broadcast today. Thanks for getting this to the people! Glad I'm Saving in Previous Metals which is Real GOLD and Not Fake Money which CASH!!
Isn't 'certificate' also paper? What's the difference between this 'certificate' and a property title deed certificate?
Thank you so much Robert you are great mentor of financial education ... 💛🧡❤️
2022 and gold is about 1900 an ounce.. how can we buy straight from the source
As back from Sub-Indian background, gold is everyday life of our culture. But I never interested in gold, my dad always invested in property & he had made fortune in it. If same was done in gold it would be peanuts. No gold is no way for me. Oil was blackgold now tech is gold. All S&P500 top companies are replaced by Tech companies before they were oil giants. Fact on gold: All world gold can be squeezed in to a Olympic pool. World Gold worth around 7Trillion make it 10Trillion & American economy alone is 20+Trillion per year.
American $ has around 2% depreciation, if you doing any thing more than 2% than you are fine. Never put money in Bank more than you need for everyday use.
I have precious metals and crypto/digital assets.. Definitely do your research and due diligence before buying cryptocurrencies!!!
So if you buy gold when it's down does that mean it's not a good time now??
Michelle Sin Buy when down, sell when up.
I PREFER SILVER!!....BUT GOLD OR SILVER IS MONEY...EVERYTHING ELSE IS CREDIT....BUT IT'S NOT INVESTMENT...DONT BUY IT FOR PRICE....ITS A STORE OF WEALTH!!!....A LOT OF PEOPLE GET IN TO GOLD/SILVER HOPING TO MAKE PROFITS IN DOLLARS!...BUT FIAT PRICE MEANS NOTHING....ANYWAYS...I HOPE A HELPED YOU A LITTLE BIT...
I work for currency and when I get paid after I purchase some real money and stack as I can to help leverage until I’m more educated on building more assets 👍🏻my plan will take some time and effort but time wasn’t built in a day . But it did come down pretty fast 🤔
Where is Kim?
I bet Kiyosaki bought that beautiful shirt he is wearing with fake US dollars.
Thank you so much for sharing valuable information about God's money with all of us!
I need A realtor’s assistance with finding property and I love this show💙👍🏾💰🗑⭕️
Do you sell your gold when there's recession or when it goes up and buy more or just keep it as asset
Quick question are us gold coins worth anything?
Deshon Miller 70 YEARS AGO GOLD WAS 35 DOLLARS....TODAY GOLD IS $1,200.00 DOLLARS....DOES THAT ANSWER YOUR QUESTION???
ye but will it loose value
British what ?
What do you recommend I read on gold?
Michelle Sin watch mike Maloney's goldsilver videos. Watch truthbetold silvershield about silver. Listen to Peter Schiff, Jim Richards, Lynette Zang, Jim Rogers to understand what's going on
truth never told you mean
I would recommend converting your savings into gold, by saving it in a gold savings account. The account is free.
First invest yourself than look for assets that produce monthly cash flow so that you cannot work for money .. which money can work for you ....
Thanks
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I love this subject. Now I have hope for my future.
im thinking now about the gold of late pres.Marcos....truly former president Ferdinand Marcos from the philippines the richest man in the world but his wealth still on freeze
British sovereign and Danish crown small coins good investments
Besides making fun of honest working people, besides not aknowledging that a normal person cannot afford to keep his kilos of gold in safety anywhere... There's what? The endless robotic repetition of the poor dad c.v., the rich dad c.v. and some more jokes about why 7 billion minus 500 million are sooo losers and stupid!
Not sure what you mean. If you have $50'000 to buy a kilo of gold, surely you can store it properly.
If you cannot, then I don't see why you'd have a storage problem. I managed to buy two ounces of gold last year, and I can tell you storing 'em wasn't the hard part.
Plus, regarding his "laughing at poor people"; for someone who had never invested, but only managed to save around $20-50 every month, the shift in mindset can be pretty hard. You can't really do it progressively (at least I know I can't, but perhaps that's your forte). Every time I learned something important, it was from someone telling me how stupid I was acting.
Today, I'm doing reasonably well for myself, without any education beyond high school. But I couldn't have done if people didn't tell me how wrong I was about everything.
Mind you, I've only known about Robert for a week and a half, but so far, he seems more like a "tough love" kinda guy than a bully.
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robert don't you have to save cash first in order to purchase anything?? I can't get a big loan like you can... If there is a way please let me know
save first, build credit but buy what u can when u can
I love you so much Robert
This may sound uneducated, and to be honest, i am just starting to learn about gold and investments and such. If it isnt smart to save money, how would one purchase gold and other precious metals? Or at least save enough money to at least convert. Again, i am just trying to understand as much as I can about the subject matter.
dollar cost averaging......silver is the better buy it vastly undervalued , abused and consumed and the production is dwindlying every year.....gold is just stored up i buy 100 dollars in semi numismatic silver coing every 6 weeks
@robert20351 what is PM stand for ?
💯
If I hold gold ( as I do ) when it reaches a high point shouid I then sell it? If cash is worthy nothing why would I sell my gold? Or do I cash out & then with that money buy real estate ?
I would not say you cash out because the gold is the true asset. Cash it's just a derivative of gold. I'm hoping for in the future to exchange Precious Metals For income-producing Real Estate on the cheap or maybe even better maybe we can borrow against the value in the future and still keep the precious metals
bjbjapan I know how you can exchange your Cash for Real Money GOLD and Receive Residual Income and that will help to purchase Real State! Go to www.Moneysystem.info
Ahhhh? No thanks. If you dont hold it you dont own. it sounds like a scam or possibly scamola
Steven Hamze No, it's not, it's a Home Base Business and you have the right to your opinion. Just wanted to show you away to and earn!! Have A Great Day!
At one point, gold will become overvalued compared to other assets i.e Real Estate, bonds, stocks, etc. The thing is to sell when something becomes overvalued and then buy something undevarlued.
Mmm inflation is such a killer to ones wealth. Important to invest not and not 'just' save.!
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Sr. When you buy gold, where you put it, is it in the bank
if you dont hold it in your possession....u dont own it
Robert will you be here in 20 years ? Not to be mean but I suspect you wont and all your gold will go to someone else , you will leave it ALL behind.
Rick ZW that’s not the point. He is helping people to see and understand what is real and not real.