Let's make this comment section the ideal example of what the world should be like and restore people's faith in humanity together. What do you want to share? #Believe
ok. This video really opened my eyes to how crucial financial education is! Robert Kiyosaki's insights about debt, fake money, and investing in assets like silver are mind-blowing
The gist of it is he's describing fiat money. If you take out a mortgage or a loan...the bank isn't "giving" you the cash from their savings (like a debit card transaction) it's creating a liability for the value of the loan ("negative money") and balancing it out with the value of the repayments (with a little interest for profit). Thus it's money "created" by the bank to make the accounting work for it's bookkeeping. No new notes or coins are minted. Or, for a simplified model, the bank does something like this: £0 = -£1,000 (the loan amount) + £250 x 4 (repayment x installments). The bank has effectively "created" £1000 with accounting sleight of hand.
I think the point he's trying to make is that in order to succeed you have to be able to communicate and market yourself. To have a great sex life a man must know how to market himself to women through his mouthpiece/communication. Rob said he had a nice place and nice car and wasn't having sex, why? Because women don't really care about all that. Women care about how the man communicates with them and how the man makes them feel. You market yourself like a brand. When you go on a job interview you market yourself. When you get loans from a bank you market yourself. You have to know how to sell (communicate) in order to generate income (sex/job/loan)
Ok, I understand the concept of using debt to generate cashflow through assets, but HOW do they get the initial finance to allow for the business/rental property/etc...? I can't go get a loan without being a "poor shmuck" working a 9-5... They never tell you the WHOLE process, just "buy this, buy that product" and people do, and they get richer.
Work the 9-5 , until you able to invest . Find something to invest in , like a side business build that up , plus your credit . Boom there’s your first asset then once your first asset start making money that’s your passive income I’ll keep the 9-5 and the passive and just keep building
@@Kmtki Already do this. Passive income isn't much "income" . It's more interest. Here's some math for you: $800k at a 5% APY will gain you $40k annually (pre taxes). Depending on your goals, to me, this is a place to start. How long will it take you working that 9-5 to build up to just under $1M? Just plan on working that 9-5 until you retire, at that rate. AND that defeats the purpose.
@@my_sideproject3815in the book he tells you to “mind your own business” it’s as simple as setting money aside whatever it may be any amount at all and investing it whether it be borrowing against it for real estate or in stocks or in gold or in a private equity deal
@@my_sideproject3815My answer has actually been crypto. I work a 9-5 and put whatever I would normally put into savings into crypto. Definitely do your research on it because crypto is like going through a mine field if you don’t do your research. BTC and ETH are pretty much slam dunks but their gains aren’t nearly as high as other coins. They are however good enough to change your life in a couple cycles. For example. BTC is worth 60k now. That’s 4x what it was worth from its cycle low in 2022. It’s still not due to reach its high for another year before it’s time to sell, but even if you sold now, you made 4x your investment in less than 2 years. Those gains that you can make in 4-8 years should number in the hundreds of thousands. Millions if you really know what you’re doing. Then you can roll over to real estate.
I would never glorify Mac Donald's in India.In India ..a land of varied vegetation available for great health..it's really a call of the century..to educate young generation..in mindful eating..I visual India to be a very strong happy and healthy nation with less need of medicines and doctors❤
Mistake: One of Kiyosaki's companies, Rich Global LLC, filed for bankruptcy in 2012. Outcome: The bankruptcy was largely due to a legal dispute with a seminar company that won a $24 million judgment against Rich Global. This event highlighted the risks and challenges in Kiyosaki’s business ventures
He is right. It he only tells you just enough to peek your interest… wants you to buy his courses or books. All of it is great stuff but you can learn without it.
"Watching people close to you die" Ya say that to the Palestinians who have been getting pushed off their land, murdered, raped, held hostage for the last 75 years!!!!
Let's make this comment section the ideal example of what the world should be like and restore people's faith in humanity together. What do you want to share? #Believe
Great video ! 3:04 AM VIBES
Thank you #Believe - Feb (from Evan's team)
ok. This video really opened my eyes to how crucial financial education is! Robert Kiyosaki's insights about debt, fake money, and investing in assets like silver are mind-blowing
Glad it helped #Believe - Feb (from Evan's team)
Worthy of listening to❤. I have been catapulted to another level in my financial life. Thank you sir for the insight
Glad it helped 😊 #Believe - Feb (from Evan's team)
I love this teachings ❤❤❤
😊💛 #Believe - Feb (from Evan's team)
I love this man ❤
❤️❤️ #Believe - Feb (from Evan's team)
I don't understand the creating money concept. Anybody can help me to understand. (Video TS 24:50)
:) #Believe - Feb (from Evan's team)
The gist of it is he's describing fiat money.
If you take out a mortgage or a loan...the bank isn't "giving" you the cash from their savings (like a debit card transaction) it's creating a liability for the value of the loan ("negative money") and balancing it out with the value of the repayments (with a little interest for profit).
Thus it's money "created" by the bank to make the accounting work for it's bookkeeping. No new notes or coins are minted.
Or, for a simplified model, the bank does something like this:
£0 = -£1,000 (the loan amount) + £250 x 4 (repayment x installments).
The bank has effectively "created" £1000 with accounting sleight of hand.
interesting and excellent humans learn from mistakes.
😊 #Believe - Feb (from Evan's team)
Put a #Believe in the comments if you're excited for this video and we might feature you in one of our next intros!
What exactly Is The point he is Trying to make here? @4:44
😊 #Believe - Feb (from Evan's team)
I think the point he's trying to make is that in order to succeed you have to be able to communicate and market yourself. To have a great sex life a man must know how to market himself to women through his mouthpiece/communication. Rob said he had a nice place and nice car and wasn't having sex, why? Because women don't really care about all that. Women care about how the man communicates with them and how the man makes them feel. You market yourself like a brand. When you go on a job interview you market yourself. When you get loans from a bank you market yourself. You have to know how to sell (communicate) in order to generate income (sex/job/loan)
Ok, I understand the concept of using debt to generate cashflow through assets, but HOW do they get the initial finance to allow for the business/rental property/etc...? I can't go get a loan without being a "poor shmuck" working a 9-5... They never tell you the WHOLE process, just "buy this, buy that product" and people do, and they get richer.
Great question. #Believe - Feb (from Evan's team)
Work the 9-5 , until you able to invest . Find something to invest in , like a side business build that up , plus your credit . Boom there’s your first asset then once your first asset start making money that’s your passive income
I’ll keep the 9-5 and the passive and just keep building
@@Kmtki Already do this. Passive income isn't much "income" . It's more interest. Here's some math for you: $800k at a 5% APY will gain you $40k annually (pre taxes). Depending on your goals, to me, this is a place to start. How long will it take you working that 9-5 to build up to just under $1M? Just plan on working that 9-5 until you retire, at that rate. AND that defeats the purpose.
@@my_sideproject3815in the book he tells you to “mind your own business” it’s as simple as setting money aside whatever it may be any amount at all and investing it whether it be borrowing against it for real estate or in stocks or in gold or in a private equity deal
@@my_sideproject3815My answer has actually been crypto. I work a 9-5 and put whatever I would normally put into savings into crypto. Definitely do your research on it because crypto is like going through a mine field if you don’t do your research. BTC and ETH are pretty much slam dunks but their gains aren’t nearly as high as other coins. They are however good enough to change your life in a couple cycles. For example. BTC is worth 60k now. That’s 4x what it was worth from its cycle low in 2022. It’s still not due to reach its high for another year before it’s time to sell, but even if you sold now, you made 4x your investment in less than 2 years. Those gains that you can make in 4-8 years should number in the hundreds of thousands. Millions if you really know what you’re doing. Then you can roll over to real estate.
I have listened to almost 30 hours of Robert kiyosaki in Dave Ramsey videos in the last 6-7 days I turn on one of there audio books and go to work.
😍 #Believe - Feb (from Evan's team)
Pdf Link doesn't work 😕
Hi, I tested it on my end, and it worked. Could you please try it again? :) #Believe - Feb (from Evan's team)
LOVE WHAT YOU SHARED MR. ROBERT
THAT HYPOCRISY & SCAMME OF THE WORLD IN FINANCE, EDUCATION,...
❤️❤️ #Believe - Feb (from Evan's team)
I follow my father specially rich Dad kiyosaki's
I like your business now in forever help me nice to one 👍🔥💪🌏
😊💛 #Believe - Feb (from Evan's team)
Yes Dad this time only l'm follow l give you big respect 💪🔥👍💯
🙌 #Believe - Feb (from Evan's team)
Product investment office service cost?
around 40
I would never glorify Mac Donald's in India.In India ..a land of varied vegetation available for great health..it's really a call of the century..to educate young generation..in mindful eating..I visual India to be a very strong happy and healthy nation with less need of medicines and doctors❤
❤️❤️ #Believe - Feb (from Evan's team)
R. K. ❤❤❤❤❤
much love #Believe - Feb (from Evan's team)
How many times does a person need to repeat himself? You will never learn something new from Robert Kiyosaki.
Thanks for your comment. #Believe - Feb (from Evan's team)
I like this guy.
😊 #Believe - Feb (from Evan's team)
Amazing
Glad you liked it. 💕 #Believe - Feb (from Evan's team)
Trust believe❤
🙌 #Believe - Feb (from Evan's team)
Believe and i say dont stop believing
Yes! Keep believing and pushing forward-anything you're working on that you're excited about? #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)
Mistake: One of Kiyosaki's companies, Rich Global LLC, filed for bankruptcy in 2012.
Outcome: The bankruptcy was largely due to a legal dispute with a seminar company that won a $24 million judgment against Rich Global. This event highlighted the risks and challenges in Kiyosaki’s business ventures
Thanks for sharing. #Believe - Feb (from Evan's team)
ROBERT KIYOSAKI
Thanks for watching. #Believe - Feb (from Evan's team)
#believe brotha
much love ❤️ #Believe - Feb (from Evan's team)
❤
much love #Believe - Feb (from Evan's team)
Believe !!!
🙌 #Believe - Feb (from Evan's team)
Believe
😊❤️ #Believe - Feb (from Evan's team)
He is right. It he only tells you just enough to peek your interest… wants you to buy his courses or books. All of it is great stuff but you can learn without it.
😊 #Believe - Feb (from Evan's team)
Rich dad and poor dad so famous
😊 #Believe - Feb (from Evan's team)
I am in..
Let's go! 🙌 #Believe - Feb (from Evan's team)
#Believe
😊❤️ #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)
#believe 🇬🇧
Thanks for watching. #Believe - Feb (from Evan's team)
"Watching people close to you die" Ya say that to the Palestinians who have been getting pushed off their land, murdered, raped, held hostage for the last 75 years!!!!
🥺 #Believe - Feb (from Evan's team)
My mr Robert kiyosaki thank you
3 business give me one gold petrolies catapuled
😊💛 #Believe - Feb (from Evan's team)
Your money not fake i took bad for you this time forgive me
💪👍🔥💯
:) #Believe - Feb (from Evan's team)
😂😂😂
Thanks for watching. #Believe - Feb (from Evan's team)
WHEN ROBERT KIYOSAKI TALK BETTER LISTEN
🐐 #Believe - Feb (from Evan's team)
@@EvanCarmichael I don't understand?
He's a goat 😊 #Believe - Feb (from Evan's team)
#
much love #Believe - Feb (from Evan's team)
Robert Kiyosaki was bankruptcy😅😅😅
Damn #Believe - Feb (From Evan's team)
#believe
😊❤️ #Believe - Feb (from Evan's team)
Believe
😊❤️ #Believe - Feb (from Evan's team)
Believe
😊❤️ #Believe - Feb (from Evan's team)
#believe
much love #Believe - Feb (from Evan's team)
#Believe
Thanks for watching. #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)
#Believe
Thanks for watching. #Believe - Feb (from Evan's team)
#believe
😊 #Believe - Feb (from Evan's team)
#Believe
Thank you for watching 😊 #Believe - Feb (from Evan's team)
#believe
Thanks for watching. #Believe - Feb (from Evan's team)