HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad

Поділитися
Вставка
  • Опубліковано 24 лис 2024

КОМЕНТАРІ • 7 тис.

  • @Morninglux
    @Morninglux 5 років тому +3988

    The people who came and watched this ARE NOT AVERAGE PEOPLE, They’re gaining assets by watching this.

  • @Helen-fv9xp
    @Helen-fv9xp Місяць тому +270

    I wish they taught investing at school level. There is so much advantage to doing this!
    My biggest regret is that I started so late. And still not good at it, I think at this point i need help

    • @GabreilSteve
      @GabreilSteve Місяць тому +2

      I wish I could have retired in my 50's. I'm 65 now, I started investing late . After some research, I found a strategy that helped. I'm pleased to say I'm retiring with at least $2 million.

    • @GabreilSteve
      @GabreilSteve Місяць тому

      @@Helen-fv9xp luck plays a part, especially in the short term. I noticed that when results remain consistent, it indicates something more than just luck. research was the challenge until It led to Julie Ann Lerch, a fund manager. her strategy made sense, it contributed to growing 950k into this and counting

    • @GabreilSteve
      @GabreilSteve Місяць тому

      @@Helen-fv9xp luck plays a part, especially in the short term. I noticed that when results remain consistent, it indicates something more than just luck. research was the challenge until It led to Julie Ann Lerch, a fund manager. her strategy made sense, it contributed to growing 950k into this and counting

    • @GabreilSteve
      @GabreilSteve Місяць тому

      ​@@Helen-fv9xp I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs

    • @EbrahamAljalil
      @EbrahamAljalil Місяць тому +1

      @@GabreilSteve It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging

  • @ericchavez837
    @ericchavez837 6 років тому +175

    I changed my life when my cousin told me about Robert. (April 21, 2017). Worked at a manufacturing warehouse for 6 years, climbed the corporate ladder, making 70K a year, broke a** h**, mentally stressed every day, hated my job and the list goes on. This year I quit my job, got a new high paying job (120k), am currently investing in financial, investing and real estate education. Have full control of my financials and living a better life then ever. No longer live paycheck the paycheck. Although my income is earned income "JOB", I now have financial control! I have listened to all of your books. Going to listen to them all over again and apply them every day going forward. One step at a time. Robert, you have changed my life! You are my rich dad! Thanks for sharing your stories!

    • @Mrramennoodle2
      @Mrramennoodle2 5 років тому

      Eric Chavez can you teach me how to do this

    • @BenHall289
      @BenHall289 5 років тому +2

      @@Mrramennoodle2 I'll do it all for you for free. You just sit back and relax

    • @jstoli996c4s
      @jstoli996c4s 5 років тому +2

      Well done! Now live well under your means, watch your expenses ruthlessly, and put the extra cash into assets. You’ll be on your way!

    • @mgsa5722
      @mgsa5722 5 років тому +1

      U r a Liar. a Paid Liar

    • @vonsevilla4426
      @vonsevilla4426 5 років тому

      KC keywords he said were real estate, investing and financial education. Whats his 120k income? He’s probably a real estate investor

  • @AngelWilliam-vg5rw
    @AngelWilliam-vg5rw 4 місяці тому +701

    Literally, the currency is being destroyed, depreciated, and debased. Bitcoin is the asset that has performed the best in global history. It is the greatest bargain store by far. You will be appreciative of every dollar you invested in it in ten years. My two cents worth.

    • @EdwardsLluka
      @EdwardsLluka 4 місяці тому +4

      I regret not investing in Bitcoin sooner and instead keeping money in a HYSA. With $200k to invest now, I want to steer clear of FOMO and peak buying. How should a novice approach navigating the market?

    • @WilliamsDavid23
      @WilliamsDavid23 4 місяці тому +2

      Indeed, investing has become more challenging, particularly since the epidemic. For this reason, I chose to enlist the help of an advisor. At first, my spouse wasn't too like of the idea, but guess what? They're now closest friends with our advisor.

    • @EdwardsLluka
      @EdwardsLluka 4 місяці тому +1

      Hello, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

    • @WilliamsDavid23
      @WilliamsDavid23 4 місяці тому +1

      I've stuck with ‘’Melissa Jean Talingdan” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @EdwardsLluka
      @EdwardsLluka 4 місяці тому

      I must say, Melissa seems to be extremely knowledgeable, so thank you for sharing. I looked through her resume after seeing her website, and it was rather remarkable. I got in touch and made a call.

  • @a.b.3666
    @a.b.3666 5 років тому +2665

    Your children might be your liabilty at first, but when you grow old, they become your assets and you become their liability.

    • @linajiff647
      @linajiff647 5 років тому +124

      that's nothing to be proud of, it's shameful

    • @linajiff647
      @linajiff647 5 років тому +89

      people shouldn't be assets, you're a user

    • @switchjim
      @switchjim 5 років тому +56

      You can tell yourself that, and maybe it will be true for you, years from now, but I think the implication of this video is that the safer bet is to rent out your children today, so that they become an asset in your life.

    • @seanrivaille6944
      @seanrivaille6944 5 років тому +46

      people need to get off the edge of their seats and realize this is a joke with a dark humor.

    • @craigstephenson7676
      @craigstephenson7676 5 років тому +13

      That's what I call *Long-Time Investing*

  • @sandeeparambam6401
    @sandeeparambam6401 4 роки тому +1281

    This 14 minutes video has taught me the biggest life lesson that almost 15 years of education hasn't taught.

    • @Yesux
      @Yesux 4 роки тому +16

      Went to a classroom for fiance and business and all it thought me that school is bullshit and makes you a money slave " make money work and spend your money wisely" not how to invest real estate

    • @Yesux
      @Yesux 4 роки тому

      And by the time I'm 65 am broke

    • @jcee6886
      @jcee6886 4 роки тому +3

      @@Yesux fiance and business? Not a good mix I'd wager.

    • @JohnDoe-fs6lz
      @JohnDoe-fs6lz 3 роки тому

      Fact

    • @chrisbuckley5292
      @chrisbuckley5292 3 роки тому +4

      Whats that? Never wipe back to front?

  • @eljuancho2
    @eljuancho2 6 років тому +181

    Thank you very much! you are the best robert! im 28 years old income 25k gross a year,living in brooklyn,i have 14 years paying rent and working minimum wage,because i did not know what i wanted,i did not had a mentor,i bought your book,the first book i have read,and now i bought your books and james rockards books,also think and grow rich,the warran buffet way book,you opened my eyes robert,now im looking for a better job,breking my mind to do my own business,is just fantastic what you have taught me,i still can't believe how i feel,thank you!

    • @gmccambry5963
      @gmccambry5963 6 років тому +3

      eljuancho2 welcome brother

    • @allentrost8464
      @allentrost8464 6 років тому +1

      eljuancho2 I can help you create a monthly income . Contact me . Let's work together for a better life for you

    • @eljuancho2
      @eljuancho2 6 років тому

      GmC CAMBRY how we get in contact? My email is reggeajuan@yahoo.com

    • @bbb_888
      @bbb_888 6 років тому +2

      There's a guy named John Shin who made a movie based on the book Think & Grow Rich!!!! Watch it if you get the chance =)

    • @allentrost8464
      @allentrost8464 6 років тому

      bbb888 is it any good to watch??

  • @MagdaleneM-f3q
    @MagdaleneM-f3q 4 дні тому +413

    Bring *Julianne Iwersen Niemann* on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.

    • @TianaManeO
      @TianaManeO 4 дні тому

      I know this lady you just mentioned. Julianne Iwersen Niemann is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Julianne Iwersen Niemann has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

    • @PajinakStanovska
      @PajinakStanovska 4 дні тому

      I’ve heard of her
      How can i reach her, if you don't mind me asking?

    • @TianaManeO
      @TianaManeO 4 дні тому

      ⁠ her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @PajinakStanovska
      @PajinakStanovska 4 дні тому

      I appreciate this. After curiously 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

    • @YadaniL-g8k
      @YadaniL-g8k 4 дні тому

      The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today.

  • @JuanAlberteas
    @JuanAlberteas 6 місяців тому +10494

    Bought AMS89H at 1$, I will keep it until 2025 when it reach 250$

    • @NekiKujur
      @NekiKujur 6 місяців тому +3

      AMS89H IS HUGEEEE!!!! 😎

    • @dktravel2580
      @dktravel2580 6 місяців тому +3

      When the world knows this, we already x50 🚀

    • @ruchitarangam3351
      @ruchitarangam3351 6 місяців тому +5

      It will soon all over the news

    • @Rahulgagdia
      @Rahulgagdia 6 місяців тому +1

      It will soon all over the news

    • @SoniyaYadav-lm5jh
      @SoniyaYadav-lm5jh 6 місяців тому

      all of my friends told me to buy this, I did know it was from AMAZON

  • @EvaHoffmann153
    @EvaHoffmann153 2 місяці тому +618

    I'm eager to transform my financial liabilities into assets, securing a prosperous retirement. As a soon-to-be retiree, I'm focused on optimizing my 401k after a tumultuous 2022. Inspired by investors achieving impressive returns, I seek strategies to convert my expenses into investments, generating passive income and increasing my ROI. Any guidance on turning financial obligations into wealth-building opportunities would be invaluable in achieving my goal.

    • @henryallard245
      @henryallard245 2 місяці тому

      You're at a turning point, considering transforming a potential liability - taxes on your $338k stock portfolio - into an asset. By transferring funds into a Roth IRA, you've already paid taxes on the contributions, allowing tax-free and penalty-free withdrawals. This strategic move converts a tax burden into a wealth-building opportunity. Now, you're deciding how much to contribute to maximize earnings and create a tax-free income stream.

    • @MarshalWagner457
      @MarshalWagner457 2 місяці тому

      Yes, you are right. it's been a brisk tailwind for investors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financial advisor.

    • @AshleySommerset808
      @AshleySommerset808 2 місяці тому

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.

    • @MarshalWagner457
      @MarshalWagner457 2 місяці тому

      Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @TicheDebb0
      @TicheDebb0 2 місяці тому

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @TrịnhTrânChăm
    @TrịnhTrânChăm 3 місяці тому +572

    Secret Pathway To Triumph is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be.

  • @Tetsu-p3g
    @Tetsu-p3g 4 місяці тому +864

    I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

    • @Muller-o4d
      @Muller-o4d 4 місяці тому

      Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

    • @Aron-r3m
      @Aron-r3m 4 місяці тому

      Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

    • @Mosley-vu7ff
      @Mosley-vu7ff 4 місяці тому +1

      Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @Aron-r3m
      @Aron-r3m 4 місяці тому

      I've worked with a few different financial advisors, but I ultimately chose ''Jenienne Miniter Fagan'' because she seems to be very thorough and knowledgeable about the financial market, and I get to make more than average.

    • @Garrett-lo6pu
      @Garrett-lo6pu 4 місяці тому

      Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call

  • @andrewbaccola5188
    @andrewbaccola5188 6 років тому +1603

    I'm going to tell my wife tonight that we are going to rent the house and the hole family live under the bridge. I like the cash flow idea.

    • @bishop198666
      @bishop198666 6 років тому +262

      you can come rent my place, no need to stay under the bridge...

    • @nemeanlioness
      @nemeanlioness 6 років тому +34

      Good plan. Me like

    • @gabriela0518
      @gabriela0518 6 років тому +48

      LMAAOO

    • @acmx12
      @acmx12 6 років тому +24

      Maybe cause I watch too much areested development, but is your last name Hole? Either way i laughed too hard if it wasnt lol

    • @94nolo
      @94nolo 6 років тому +3

      Atta boy Andrew

  • @robertthurmond8161
    @robertthurmond8161 Рік тому +127

    Fortunately, I had a college economics teacher that taught me a lesson at 18. That lesson was: for every huge, frivoluos purchase you make, you need to have an investment double it's worth, this doesn't necessarily mean you should always invest when you make a purchase, it simply means living within your means. Varied sources of income is wise and especially like i said, living within your means. Whenever you're about to make a huge, dumb purchase that doesn't add value think about taxes and how you get your income. I made $272k combined net last year and paid no Federal taxes.

    • @donaldlocher2537
      @donaldlocher2537 Рік тому +3

      Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts.

    • @serenewhopperman2924
      @serenewhopperman2924 Рік тому

      @@donaldlocher2537 Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

    • @donaldlocher2537
      @donaldlocher2537 Рік тому

      @serenewhopperman2924 Sure, the Investment advisor that guides me is “James Fletcher Brennan” and he's renowned and has quite a following. So it shouldn't be a hassle finding him. Just look him up.

    • @robinsonbaker1963
      @robinsonbaker1963 Рік тому

      @@donaldlocher2537 There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts...

    • @stephmeldrich6765
      @stephmeldrich6765 Рік тому

      @@donaldlocher2537 he really seems to know his stuff. I found his website, read through his resume, educational background, qualifications and it was really impressive. he is a fiduciary who will act in my best interest. So, I booked a session with him

  • @Walkwithme8341
    @Walkwithme8341 5 років тому +660

    Watching videos after videos and not taking steps is a liability

    • @renaltatarigan9336
      @renaltatarigan9336 4 роки тому +32

      wow, I really hate myself for that

    • @arshvirsingh7284
      @arshvirsingh7284 4 роки тому

      🔥🔥🔥🔥🔥🤣🤣🤣🤣🤣🤣

    • @countryballs2005
      @countryballs2005 4 роки тому +13

      @@Shimadacat invest in yourself, that's an investment aswell

    • @ceasersamv4587
      @ceasersamv4587 4 роки тому +3

      @@countryballs2005 preach, that's what im doing right now

    • @valueunboxed
      @valueunboxed 4 роки тому

      That's a great line! By the way check out his Rich Dad Poor Dad summary version here to help you understand it ua-cam.com/video/vgUzeuPjbiw/v-deo.html

  • @michealwrubell4302
    @michealwrubell4302 Рік тому +882

    Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks at a discount since the beginning of the year and yet the cycle continues with more losses, I know the idea is to hold long term but God I could really give anything to see some growth happen to my portfolio.

    • @Walter_hill_
      @Walter_hill_ Рік тому +2

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +8

      Thats true, I've been getting assisted by a coach for almost a year now, I started out with less than $120K and I'm just $19,000 short of half a million in profit.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +1

      @Dan Brooks Big Credits to 'Christine Jane Mcleanshe has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Christine as been a good guide through the year.

    • @ambrosefegan8283
      @ambrosefegan8283 Рік тому

      I recommend doing call options. But do your research first

    • @ismailfaturrohman1909
      @ismailfaturrohman1909 Рік тому +1

      that's why the main key to investing is "knowing what you buying"

  • @CV-nn7jj
    @CV-nn7jj 3 роки тому +132

    My favorite part in Rich Dad poor dad was when Rob wanted to buy a Porsche and Kim told him to buy a rental property to pay for the Porsche. The point is that you keep the House AND the Porsche. If you straight up buy the Porsche, you don't get the house.
    A friend of mine recently received an inheritance from her mother, a house that is completely paid off in Arizona worth around $300k. She sold the house and bought a car. What did she do wrong?
    She could have kept both the house AND the car had she just rented out the house. Now she lost the house and only has the car and she's still broke.

    • @afrosamuri05
      @afrosamuri05 2 роки тому

      Not only still broke she is still stupid my guess.

    • @queeniechan3775
      @queeniechan3775 Рік тому +5

      Well illustrated !

    • @imadeyoureadthis1500
      @imadeyoureadthis1500 Рік тому +6

      Wow what a fool

    • @No_One1_Special
      @No_One1_Special 10 місяців тому +2

      I always appreciate someone bringing a different angle in their explanations of Robert's principles. Yours are good ones.

  • @yvngbsumayt
    @yvngbsumayt 11 місяців тому +17

    A house is a liability when you living in it, and a house is an asset when you are using it to make money like renting it out for cash flow in - Thank you Mr Robert for sharing this important knowledge

    • @bsrinivas2030
      @bsrinivas2030 10 місяців тому +1

      Then where are you living, I mean where we live is either rented or owned.

    • @waseemahmed6585
      @waseemahmed6585 7 місяців тому

      ​@@bsrinivas2030😂😂😂😂 true

    • @MUHAMMADUSMAN-601
      @MUHAMMADUSMAN-601 Місяць тому

      I have a house what I do 😁

  • @JaykeTurner
    @JaykeTurner Рік тому +175

    Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @ArthurLedgeeer
      @ArthurLedgeeer Рік тому +2

      Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

    • @RebeccaLee-ks4cq
      @RebeccaLee-ks4cq Рік тому +4

      Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

    • @AlexanderTurke
      @AlexanderTurke Рік тому +1

      Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

    • @RebeccaBellick
      @RebeccaBellick Рік тому +1

      @@AlexanderTurke Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

    • @AlexanderTurke
      @AlexanderTurke Рік тому +1

      @@RebeccaBellick The adviser I'm in touch with is 'HEATHER ANN CHRISTENSEN, he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works therefore my result. he provides entry and exit point for the securities I focus on.

  • @irenekorie49
    @irenekorie49 Рік тому +46

    *Considering the economic downfall and the rise in poverty across the globe. I ask; What’s the best way to achieve financial freedom?*

    • @irenekorie49
      @irenekorie49 Рік тому +2

      If I could ask; who’s your financial Adviser and how do I gain more info?

    • @tomasfrederico576
      @tomasfrederico576 Рік тому +1

      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.

    • @Ahmedabdullahimohamud788
      @Ahmedabdullahimohamud788 Рік тому

      Learning and investment financial markets

    • @Pau0393
      @Pau0393 Рік тому +1

      Invest

    • @zackfxtrader9084
      @zackfxtrader9084 Рік тому

      To know the difference between Asset and liability ❤

  • @lauraclover1547
    @lauraclover1547 Рік тому +1973

    I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months

    • @purplebliss6875
      @purplebliss6875 Рік тому +1

      While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain or get a good portflio manager

    • @Bobhenry-c7z
      @Bobhenry-c7z Рік тому

      I agree, I've been in constant touch with a Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months

    • @rebeccaartgallary
      @rebeccaartgallary Рік тому

      I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?

    • @Bobhenry-c7z
      @Bobhenry-c7z Рік тому

      @@rebeccaartgallary My consultant is Deanna Lynn Renfro, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so

    • @rebeccaartgallary
      @rebeccaartgallary Рік тому

      This recommendation literally came at the right time, I dipped by $16k in stocks last week alone. Its crazy! I just looked up Deanna online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals.

  • @ballistic2513
    @ballistic2513 4 роки тому +2013

    He: Your child is your liability.
    Me: *Sells my kid*

  • @vladimirgazizov6473
    @vladimirgazizov6473 Рік тому +54

    Deymon spend hours each day to ensure that something of value is released into the world that has impact on those with an interest and desire to be a part of this platform.

    • @phillipjohn2820
      @phillipjohn2820 Рік тому +7

      this is fascinating, I'm a business man, I have a good sum of money in my savings account, I want to invest 50%. What's the minimum amount one could start up with?

    • @haroldroger1624
      @haroldroger1624 Рік тому +5

      YES!!!! I never believed in real brokers but Mr Sam changed my mindset.

    • @lyubovmatyushkina2713
      @lyubovmatyushkina2713 Рік тому +5

      There are three (3) classes of investors which Mr Sam Deymon manage their investment portfolios, each stages with their different prices and profits as well.

    • @lalasgift7487
      @lalasgift7487 Рік тому +4

      @@phillipjohn2820 As an amateur trader trading under the guidance of pro trader Mr Sam Deymon, who provided me with the knowledge and strategies I required to make profits for the crypto market.

    • @realtime6577
      @realtime6577 Рік тому +1

      @@haroldroger1624 Sam Deymon made over $12k with my $2k start up capital.

  • @festusshedrack4852
    @festusshedrack4852 2 роки тому +388

    The rich stays rich by spending like the poor and investing without stopping then the poor stays poor by spending like the rich yet not investing like the rich

    • @Faraday096
      @Faraday096 2 роки тому +9

      When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance

    • @whatyousay5736
      @whatyousay5736 2 роки тому +8

      wow I am just shocked someone mentioned expert Mrs Maureen I thought I'm the only one trading with her

    • @workinginpain
      @workinginpain 2 роки тому +7

      when you invest with genius woman like Mrs Maureen you don't have any other choice then to keep winning, her Trading strategies are very productive and reliable. I made quite a huge profit last week all thanks to her

    • @newraod
      @newraod 2 роки тому +7

      yes I'm also a living testimony of expert Mrs Maureen
      Mrs Maureen has changed my financial status for the best. All thanks to my aunty who introduced her to me

    • @babarozay
      @babarozay 2 роки тому +6

      will forever be indebted to you😇 you have changed my whole life i will continue to preach about your name for the world to her you have saved me from a huge financial debt with just little investment thanks so much Mrs Maureen

  • @geraldt331
    @geraldt331 Рік тому +216

    With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits.

    • @codeblue11
      @codeblue11 Рік тому

      You’re right! The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner.

    • @JamesScott433
      @JamesScott433 Рік тому

      On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then.

    • @JamesScott433
      @JamesScott433 Рік тому

      credits to LEILA SIMOES PINTO, one of the best portfolio manager;s out there. she;s well known, you should look her up

    • @lucaswilliams9992
      @lucaswilliams9992 Рік тому

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @AJBey-qo2rx
    @AJBey-qo2rx 5 років тому +1114

    “A criminals best asset is his lie-ability.”

    • @danielsonnecklacedon659
      @danielsonnecklacedon659 5 років тому +29

      HAHAA!
      -goose from family guy

    • @jr3684
      @jr3684 5 років тому +5

      😂😂😂

    • @pramit7745
      @pramit7745 5 років тому +4

      Poor guy,😣

    • @mikem.5104
      @mikem.5104 5 років тому +1

      Damn thats gold doggie

    • @AJBey-qo2rx
      @AJBey-qo2rx 5 років тому +1

      Mike M. More I was thinking more along the lines of palladium...

  • @dzmissile189
    @dzmissile189 10 місяців тому +14

    Thank Robert, Im currently reading your book rich dad poor dad, and I really appreciate what I’m learning, I just wished I learned this much earlier on in my teens at least, I’m currently 34, married and currently unemployed because of a layoff … I’m currently watching all your videos and working on to buy all your books… I don’t want to work for anyone but instead work for my family instead, God willing I can meet you someday… thank you again Master Robert

    • @ProcopyObinna
      @ProcopyObinna 22 дні тому

      How's it going now man 😊. I hope everything is moving smoothly

  • @RebeccaGorin
    @RebeccaGorin 4 місяці тому +31

    *Amazing. “How to build wealth, do this..”*

    • @RebeccaGorin
      @RebeccaGorin 4 місяці тому +1

      the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.

    • @RebeccaGorin
      @RebeccaGorin 4 місяці тому +1

      I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year.

    • @RebeccaGorin
      @RebeccaGorin 4 місяці тому +2

      Get to her, if you care....
      Elizabeth Green Hunts..

  • @mikebabs3408
    @mikebabs3408 6 місяців тому +9

    Only in America do kids and older adults become liabilities. I grew up in a family of 10. We moved to the states and were below poverty for a while. Some of us run businesses and all of us have moved out of lower class into middle. The idea that children or parents are liability is sickening. We stick together and the thought of putting someone in a nursing home is non-existent in our culture.

  • @SeanTalkoff
    @SeanTalkoff 6 місяців тому +511

    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.

    • @SteveDutton-v
      @SteveDutton-v 6 місяців тому +3

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

    • @PASCALDAB
      @PASCALDAB 6 місяців тому +2

      If you don't mind, how can I reach this advisrr? My retirement portfolio isnt doing greatly.

    • @SteveDutton-v
      @SteveDutton-v 6 місяців тому +1

      Sharon Ann Meny is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @PASCALDAB
      @PASCALDAB 6 місяців тому +1

      I find this informative, curiously explored Amber on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

    • @rahera621
      @rahera621 4 місяці тому

      A world war is on the horizon so things are uneasy worldwide. I live in New Zealand and our houses prices are rediculously high and interest rates at 7%

  • @bulayGtv
    @bulayGtv 4 роки тому +123

    Who reads comments and still listens to the convo? Like this

  • @alexyoung3126
    @alexyoung3126 2 роки тому +524

    Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

    • @erichkraetz2622
      @erichkraetz2622 2 роки тому +3

      It's far too easy for investors to lose perspective whenever something big goes wrong, the markets recovered from corona virus, 2008 crisis, the dotcom crash, even the Great Depression. So they'll probably get through whatever comes next as well.

    • @joesphcu8975
      @joesphcu8975 2 роки тому +1

      As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

    • @lawerencemiller9720
      @lawerencemiller9720 2 роки тому +3

      I started investing in 2020 during the covid pandemic and that same year I pulled a profit of about[$170,000] with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you

    • @stephaniestella213
      @stephaniestella213 2 роки тому +1

      @@lawerencemiller9720 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks

    • @lawerencemiller9720
      @lawerencemiller9720 2 роки тому +3

      @@stephaniestella213 My advisor is 'Eileen Ruth Sparks'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.

  • @lyubovmatyushkina2713
    @lyubovmatyushkina2713 Рік тому +40

    This is really helpful for my situation!! thanks guys I will try Sam but Do you know how much is ok for a start let me know if I can do this.

  • @kyoung5600
    @kyoung5600 6 років тому +448

    Too many gold diggers out there, beware, that's a lot of hard earned money wasted for nothing.

    • @tcycewdaf32
      @tcycewdaf32 6 років тому +16

      gold diggers are not even in the chart of 6 magic words. once you have a gold digger, yourself become an income.

    • @antoinecooper5702
      @antoinecooper5702 5 років тому

      Love freedom gtfoh.

    • @NicoleQuimper
      @NicoleQuimper 5 років тому +2

      IF they lasted 20 years together does that still make them a gold digger, or just a failed marriage?

    • @drjwilber
      @drjwilber 5 років тому

      yeah got scammed by gold diggers that in Romania - only trained at judo - here at least one of those had trained .
      I innovate - romania airport will ant to be obliged to install - thusadded payment of £1,million as a prepaymant with up-front payment for the kit - then government wants that money back from ................ liability to ass-set

    • @quantumofzen4442
      @quantumofzen4442 5 років тому

      @Class Act What do you call a younger woman trying to steal your sugar daddy? A claim jumper.

  • @GrammyHanks
    @GrammyHanks 10 місяців тому +236

    The question is how to convert your salary into the investment funnel without double taxation. you pay taxes once it's earned, then buy stocks and get taxed again once you sell. Want to invest over 300k on the stock market, how do I achieve this?

    • @empressjane-zv4gq
      @empressjane-zv4gq 10 місяців тому +6

      If you're not who understands strategies to invest, just invest through an advisor, making good profits, avoiding taxes.

    • @RosesKate-dl9fp
      @RosesKate-dl9fp 10 місяців тому +2

      Having an investment adv-iser is the best way to go about the stock market right now, I've been in touch with a coach for awhile now mostly and I made over $800K within a year

    • @emilybrown2719
      @emilybrown2719 10 місяців тому +2

      This is probably what I should do. Who is your advisor, please?

    • @RosesKate-dl9fp
      @RosesKate-dl9fp 10 місяців тому +3

      Pamela Kay Regel deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy

    • @emilybrown2719
      @emilybrown2719 10 місяців тому +1

      Thank you for sharing, I must say, Pamela appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

  • @realmckkadesh8060
    @realmckkadesh8060 Рік тому +31

    Greatest business mentor ever to me he is soo underrated get it going grandpa👌👌

  • @sophiajacob4480
    @sophiajacob4480 2 роки тому +510

    Success is dependent on the actions or steps you take to achieve it. Show me a man who doesn't have an investment, and i will tell you how soon he will go broke. Investment is building a safe heaven for the future. With the right choice of Investment that has at least 1% minimum risk and with an expert guidance, profit and Intrest is 100% guaranteed.

    • @--M--1111
      @--M--1111 2 роки тому +5

      K well it's different for everyone. Success means different things to different people. We are all mortal and anything can happen. No one cares in the end of your success or will be by your side on your death bed saying ''wow look at what he accomplished'' most will be focused on what made them happy during their lifetime.

    • @donovanbrown7993
      @donovanbrown7993 2 роки тому +3

      @@--M--1111 you must be broke😂😂😂
      The lady was simply dropping some jewels on people who want to be financially successful. There was no need for your comment. And believe me, when we die it will be vital to leave an inheritance to our family, instead of being selfish and only thinking of our own happiness. Why did you click on this video anyway if you’re not talking about financial stability. Take those “making people feel happy” comments to a dr. Phil video.😂😂

    • @baba622
      @baba622 2 роки тому

      Aight bro

    • @itsRiju
      @itsRiju 2 роки тому

      @@--M--1111 you are absolutely right. We can't set a parameter of happiness applicable for all. For most of them yes its applicable for not for all . Because you may have understood the money but not your life.
      I will give an example. I do daily meditation and Yoga and my life's aim to seek enlightenment eventually and i am persuing it with all my focus and intensity. And i have a job in a Software company. I have two kids. So I have created a plan.
      I am saving some money for my kids. Once they are self dependent i will leave for heigher practice and submit myself towards it.
      I will have no money but an internal peace. Probably this is what I was seeking my life.
      People do not understand a bit about how this Cosmos and life works. We are in a cycle of birth death and rebirth. And we are repeating ourselves. Enlightenment is a way to break this cycle and merging to the consciousness.

    • @venus170
      @venus170 2 роки тому

      @@donovanbrown7993 you're so stupid and a shame on humanity, he's saying his/her opinion, and not cause he/she is here in this video means that they agree with it, he might be doing a research on how to make money, but he was talking about being happy, and yes when your ass go to grave, with no family, no kids then yeah! What did you accomplish! And the point is be happy, it has nothing to do with being rich or not! The comment we're all in is actually shit, saying show me a man with no investment! So stupid, too many people have nothing and can't afford anything regardless of what this video say, he was able to take a loan and buy a condo, some people can't even take a loan! So give yourself a kick in the ass and gtfo

  • @RichardBayer
    @RichardBayer 2 роки тому +564

    To young investors, if you want to have more income you need to spend less of it and invest more of it. I'd say most of these "get rich quick" people actually want to spend more money and save less...

    • @Karagoldberg7
      @Karagoldberg7 2 роки тому +3

      I am new to this investment of a thing. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 125K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities.

    • @Karagoldberg7
      @Karagoldberg7 2 роки тому +3

      @Robert Cooper i've been quite on my research but most suggestions was to get a coach ,do you think that's a good idea ?

    • @williamsbrown4026
      @williamsbrown4026 2 роки тому +2

      @Robert Cooper that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @Karagoldberg7
      @Karagoldberg7 2 роки тому +2

      @Robert Cooper I just looked her up on the web and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled an appointment

    • @Karagoldberg7
      @Karagoldberg7 Рік тому

      You can only get in contact with her through her website recommended online in web search not on whatApp

  • @vickivultee1297
    @vickivultee1297 2 роки тому +55

    Please I need help, I lost tons of money on live trade, I
    thought is the same as demo trade because I was
    winning in my demo account. This is really frustrating
    and overwhelming. where do I start please?

    • @beckyhemperley1220
      @beckyhemperley1220 2 роки тому

      Well….. I will advise you should stop trading on
      your own if you keep losing and start trading
      with an expert because trading with an expert is
      the best strategy for newbie.

    • @angelikacavalli6552
      @angelikacavalli6552 2 роки тому

      That's true most people today have been having
      a lot of failure in Fx and crypto sectors because
      of bad orientation and bad expert

    • @khalifapatrick423
      @khalifapatrick423 2 роки тому

      As a beginner who don't understand how Bitcoin
      trade really work and really want to make profit
      from it. I will advise you to first start working
      with a professional broker

    • @cookshawnmichael2845
      @cookshawnmichael2845 2 роки тому

      That is true, you need an expert trader to make
      good profit from cryptocurrency trade

    • @emarliedaneen7875
      @emarliedaneen7875 2 роки тому

      Get an expert trader who will trade for you while
      you receive the profit. that's the best way to
      make good profit from cryptocurrency
      investment

  • @helloabs2134
    @helloabs2134 Рік тому +4

    This is the best video of this guy that is comprehensive and good to watch, not to talk about the melodramatic videos he presently appears in.

  • @milaoleynik5860
    @milaoleynik5860 5 років тому +269

    Life is a game, cash flow is the name 😄

    • @subscribetomyyoutubechanne1543
      @subscribetomyyoutubechanne1543 4 роки тому +3

      😂😂😂

    • @igganrajkolii9453
      @igganrajkolii9453 4 роки тому +1

      So life is cash flow

    • @beautifulforever503
      @beautifulforever503 4 роки тому +1

      Nice

    • @vanessawatson6204
      @vanessawatson6204 4 роки тому

      Since I started investing it has been smooth and no complain. But I still see people complaining that they have been scammed in one way or the other. I wonder why, Investing in binary trading has been so profitable to me. So I think I should introduce my Manager Mr martins l to you if you're interested. He has being a honest manager all through and I am still investing with him till today. Invest with the right manager and there will be no more scam, i promise you that.
      You can contact him on this (mratinswilliam@gmail.com)
      you can earn up to $8000 in daily from home through investment in forex and Binary option trade

    • @vcostco
      @vcostco 3 роки тому

      Money isn't value, it's a promisary note, a representation of value (it says it on the back lol ). Real value comes from a scarcity of resources b... Supply n da land... Lol water toooo now ✅😊🙏

  • @carolinajosh9630
    @carolinajosh9630 2 роки тому +46

    TRADING CRYPTOS HAS NOT BEEN GOING WELL WITH ME , I HAVE INVESTED A LOT OF TIMES AND FAILED , I TRADE ON MY OWN BUT EACH TIME I KEEP LOOSING MONEY . I DON'T HAVE GOOD STRATEGIES TOWARDS THE MARKET . PLEASE CAN SOMEONE PUT ME THROUGH ON THE RIGHT PATH..

    • @matawilliam4137
      @matawilliam4137 2 роки тому

      @ROWLING SAM There is really no country restriction in her company,I'm investing with her from Switzerland.

    • @matawilliam4137
      @matawilliam4137 2 роки тому

      What surprises me about her mostly is she gives her client's access to her trading site whereby they can monitor their trades on daily basis

    • @clarkepower4997
      @clarkepower4997 2 роки тому

      @@matawilliam4137 Who is this professional everyone is talking about I always see her post on top comments on every UA-cam video I
      Watched
      watched

    • @clarkepower4997
      @clarkepower4997 2 роки тому

      Please how can I reach this mrs Nancy I've already lost enough of money trading for myself.

    • @jerrymax5189
      @jerrymax5189 2 роки тому

      私は今幸せです➕𝟏𝟐𝟎𝟖𝟐𝟖𝟓𝟔𝟓𝟗𝟓私はとても幸せです。

  • @UltimateBargains
    @UltimateBargains 5 років тому +589

    This video doesn't explain how to turn a liability into an asset.
    Once you have the liability, then you're stuck with it until you can dispose of it.
    At best, the video explains that liabilities should be acquired *only* by first acquiring assets to pay for liabilities.

    • @santoyo526
      @santoyo526 5 років тому +25

      UltimateBargains yes you’re right. I also don’t understand how his rental puts $25 in his pocket.

    • @UltimateBargains
      @UltimateBargains 5 років тому +63

      @@santoyo526 The rental income paid for the operating expenses and debt service, with $25 left over for his net cash flow each month.
      This was decades ago when rents were much lower compared to now.
      The point of his example is to run the numbers before committing to the deal to be sure that you will have sufficient net income to tolerate recessionary pressure on income and expenses to avoid defaulting on the debt.

    • @a.stewart2641
      @a.stewart2641 5 років тому +52

      @@UltimateBargains yes, and don't forget, you need tenants that will actually pay their rent and not destroy the property.

    • @UltimateBargains
      @UltimateBargains 5 років тому +80

      @@a.stewart2641 The more risk averse you are, the less income you will receive.
      Life is all about managing risk, not hiding from it.

    • @droid2645
      @droid2645 5 років тому +4

      BINGO

  • @Scottweeier846
    @Scottweeier846 2 місяці тому +41

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Ann Doran..

    • @erikyanez5371
      @erikyanez5371 2 місяці тому

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super

    • @AmandaBrookes0908
      @AmandaBrookes0908 2 місяці тому

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills

    • @DaveCulbertson
      @DaveCulbertson 2 місяці тому

      You trade with Kimberly Doran too? Wow that woman has been a blessing to me and my family..

    • @Brucelanham845
      @Brucelanham845 2 місяці тому

      I'm new at this, please how can I reach her ?

    • @carolynvo7802
      @carolynvo7802 2 місяці тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much...

  • @thetravelshot
    @thetravelshot 5 років тому +325

    "I am with my best friend's daughter"
    I have seen that movie before

    • @rimaz1242
      @rimaz1242 5 років тому +5

      I've seen that movie too lol 😂😂😂

    • @thetravelshot
      @thetravelshot 5 років тому +12

      I love her nod at the beginning. Makes it even more sexual

    • @marstotalchaos4735
      @marstotalchaos4735 5 років тому +4

      Not his liability. Smart

    • @jdengsky
      @jdengsky 5 років тому +2

      Which movie? I need to watch

    • @h.hristov
      @h.hristov 5 років тому +2

      @@jdengsky How old are you lol

  • @Cristian_M_
    @Cristian_M_ Рік тому +20

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future… I pray that anyone who is reading this will be successful in his or her life!!!

    • @alinamikelle8688
      @alinamikelle8688 Рік тому

      Wow, really. I was able to make my $25k on investment

    • @ademusiaka7198
      @ademusiaka7198 Рік тому

      ​@johnmark5119I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

    • @ramadhanipongela1360
      @ramadhanipongela1360 Рік тому

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @aprilclaudette2057
      @aprilclaudette2057 Рік тому

      You’re right but a lot of people remain poor due to ignorance

    • @hamidu_-
      @hamidu_- Рік тому

      Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market

  • @ghanighani6926
    @ghanighani6926 Рік тому +421

    I’m glad I pulled through, despite the crises. I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts ... Stay Motivated!!!

    • @tahirisaid2693
      @tahirisaid2693 Рік тому

      That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success...

    • @ghanighani6926
      @ghanighani6926 Рік тому

      Credits to ROCHELLE DUNGCA-SCHREIBER, she saw me through the process. You can glance her name up on the internet and verify her yourself. she has years of financial market experience...

    • @tahirisaid2693
      @tahirisaid2693 Рік тому

      Heard many good recommendations about ROCHELLE DUNGCA-SCHREIBER by some YT channels, Seminars and other platforms.

    • @tahirisaid2693
      @tahirisaid2693 Рік тому

      Thanks so much I was able to find her page and I already leave her a message.

    • @georgestone0123
      @georgestone0123 Рік тому

      The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires ... You have done great for yourself. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

  • @shaileshmalushte1999
    @shaileshmalushte1999 Рік тому +14

    Financial Literacy just made simpler. The backbone of getting rich is maintaining cash flow. Thank you Sir.

  • @RetroRelicReloaded
    @RetroRelicReloaded 2 роки тому +56

    Our school system is a joke and a disgrace.
    This should be taught in every school.
    This man is a hero for putting these lessons online.

    • @LDM_podcas
      @LDM_podcas 2 роки тому

      He's like Thanos

    • @paulm4413
      @paulm4413 2 роки тому +3

      You must be ignorant. Money isnt the only passion or game the world is interested in. He might be giving great insights on financial literacy but he is just the same as a priest teaching something that might be a passion of other people (spiritual). Or a professor or educator providing something for the benefit of society. Or maybe somebody passionate about helping sick people. So dont be delusional thinking that the financial game is the highest peak of education everybody should get because it will only create a greedy society.

    • @deckardp.i.4088
      @deckardp.i.4088 2 роки тому

      Why would schools do that? They want you dumb and obedient, so you can work all your life and generate their income.

    • @Bruh8971
      @Bruh8971 2 роки тому +1

      nope, if such type of financial literacy is taught in the school then the world is gona become even harder than it is today. No one can be rich if everyone is rich, it will just raise the standard of costs. Now people are living their life in the form of a rat race and a new concept of cash flow exploits that. If everyone understands how to utilize cash flow, we will need a new concept to beat it and escape from the norms. So just be glad that u are one of the people that have seen the video, and try to make the most out of it because other people did not have such opportunity .

    • @Bruh8971
      @Bruh8971 2 роки тому +1

      dont be stupid and destroy such opportunity, make ourselves rich first before such concept cant be utilized anymore.

  • @khandushinde8592
    @khandushinde8592 4 роки тому +351

    I am 13 and want to learn about being an entrepreneur. Without Mr.Kiyosaki I would be watching stupid videos. I Love This guy

    • @sonamtshering3570
      @sonamtshering3570 3 роки тому +34

      Kid...you're wasting your teenage years.
      Time and moments are more precious than assets and liabilities.
      Go home and enjoy playing bike cycle and fights with friends only to be friend again next days

    • @awol7740
      @awol7740 3 роки тому +68

      I think it's awesome what you're doing, kid. Don't listen to the haters.

    • @user-kp1ry3so2s
      @user-kp1ry3so2s 3 роки тому +50

      @@sonamtshering3570 some what true. He should definitely not skip parties, hanging out with friends, hanging out with girls, or family. But he should also fill his mind with beneficial information that no other 13 yr old is learning.

    • @Coconutsybi
      @Coconutsybi 3 роки тому +10

      So happy for you😀
      Keep upgrading your financial education
      since teens of your age aren’t interested in these stuffs rather they are busy flexing unrealistic things 🤷🏼‍♀️

    • @umerasad
      @umerasad 3 роки тому +12

      @@user-kp1ry3so2s hanging out with girls? Lol I'm 16 and I don't wanna waste time with my friends or girls on useless stuff

  • @yashgera8g616
    @yashgera8g616 3 роки тому +178

    "Assets puts money into your pocket and liabilities take money out of your pocket" what an amazing thing to learn from these lines😀😊

    • @deannahenry8925
      @deannahenry8925 3 роки тому +3

      This is in his book

    • @islandsfuldkorn
      @islandsfuldkorn 2 роки тому

      That is not really true though. Assets can take money of you.

    • @mattcrouch9348
      @mattcrouch9348 2 роки тому +1

      Amazing and false. Assets put money in your pocket when you transfer them to someone else.
      Liabilities require that you PAY money in order to not have them anymore.
      Houses are asssets.

  • @Tomtownsend485
    @Tomtownsend485 Рік тому +214

    Just what I needed to watch.
    My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52.
    We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

    • @andrewchandler0
      @andrewchandler0 Рік тому

      Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

    • @robertosaviano215
      @robertosaviano215 Рік тому

      Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

    • @elliot985
      @elliot985 Рік тому

      @@robertosaviano215 Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @robertosaviano215
      @robertosaviano215 Рік тому

      @@elliot985 You can do your research and be on the lookout for one with intelligent strategies who'll help your portfolio maintain an unwavering and a progressive growth. Isabel Cecilia Ramsey is my FA. She has the Flexibility & Expertise to Meet Your Needs. Verify her yourself

    • @Zanrowe795
      @Zanrowe795 Рік тому

      @@robertosaviano215
      I just looked up Isabel online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

  • @arunenglish3997
    @arunenglish3997 4 роки тому +99

    When you get old, you become a liability. But love towards your parents and children are priceless.

  • @bishop198666
    @bishop198666 6 років тому +271

    30yr old here...going to buy my second house to rent it out this year..im on my way to multi income cash flow

    • @bishop198666
      @bishop198666 6 років тому +26

      Mexi Short considering i wrote that post a month ago im still learning and educating myself... do you have any positive worth while advice for me? Or did you just want to be a smart ass?

    • @chrisdlc281
      @chrisdlc281 6 років тому +16

      bishop198666 I'm doing the same thing bro, keep buying house and if you can (A pompstation).
      Learn Forex trading.
      Do network marketing.
      Invest in real estate.

    • @KingsCrossVIP
      @KingsCrossVIP 6 років тому +5

      Hey you should watch Grant Cardone youtube re buying real estate he is amazing. I highly recommend :)

    • @dipbar1824
      @dipbar1824 6 років тому

      good job friend!

    • @KevsUploads
      @KevsUploads 6 років тому

      👌🏽

  • @PrashantKumar-hf2je
    @PrashantKumar-hf2je 4 роки тому +77

    You are truly a generous man.
    Nobody teaches financial education. You are doing great work.

  • @2343214234
    @2343214234 11 місяців тому +5

    Such a Gem of a video. I think one thing Robert didn’t make clear is that liability’s are not bad always SO long as you have the cash flow to have them. If you focus on having more assets then liability’s you are off to a great start. Having a kid, taking care of your loved ones is great so long as you have the cash flow to do so. If the house you want to live in is 3 grand Morgage that’s great, so long as you have the assets to provide the cash flow to do it.

    • @ProudTurkroach
      @ProudTurkroach 7 місяців тому

      Debt doesn't cause a problem untill you have money to pay the next installment
      - US federal reserve

  • @mkc0321
    @mkc0321 6 років тому +403

    if only i read your 'The Rich Dad Poor Dad' book 10 years ago I would have not been in this rat race now..better late than never , i learned so much from you, hope I can get out of the rat race soon, u r doing a great job, thanks

    • @allentrost8464
      @allentrost8464 6 років тому +3

      Murlikrishna Chippa I can help you out of the rat race. Contact me

    • @tazminkhan533
      @tazminkhan533 6 років тому +2

      Murlikrishna Chippa let’s connect my instagram is Tazmin.khan

    • @HANG_IN_THERE_BABY2024
      @HANG_IN_THERE_BABY2024 6 років тому

      Hello a little help here.....don’t like the rat race at all

    • @HANG_IN_THERE_BABY2024
      @HANG_IN_THERE_BABY2024 6 років тому

      Allen Trost what do you do for a living? Please advise

    • @HANG_IN_THERE_BABY2024
      @HANG_IN_THERE_BABY2024 6 років тому

      Tazmin Khan what do you do for a living? Please advise

  • @bahadurchaiclup8888
    @bahadurchaiclup8888 11 місяців тому +5

    Sir, my name is Lal Bahadur Singh and I am from India. The knowledge I have gained from your book Rich Dad Poor Dad is very perfect. Sir, today the whole school did not teach this in the college which you tried to learn through the book. done sir

  • @DJRS2178
    @DJRS2178 5 років тому +154

    so invest in being healthy now and stay out of the medical business

    • @surveyguyor8958
      @surveyguyor8958 4 роки тому

      oh you can be in the medical business, owning those would be awesome. huge profit makers. make medicine. own laboratories. but even if you worked in them as a doctor, you can work in other countries (nice tropical climates) and not have malpractice insurance because lawsuits just don't happen. they are not sue happy and cannot afford a lawyer.

  • @Curbalnk
    @Curbalnk 10 місяців тому +140

    I have $800k in a high yield savings account, yes I’m making gains but to what extent with inflation eating away at the dollar? Am I better off investing in the stock market or buying a house?

    • @greekbarrios
      @greekbarrios 10 місяців тому +2

      The choice between real estate and stocks depends on your time horizon and risk tolerance. Stocks offer dividends and long-term growth, while a house provide fixed assets returns. Consulting a fiduciary advisor is wise for a tailored financial plan. from personal experience, my portfolio has grown to $1.3M, a 25% increase from last year, with robust diversification and inflation hedging

    • @blaquopaque
      @blaquopaque 10 місяців тому +1

      great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time

    • @greekbarrios
      @greekbarrios 10 місяців тому +2

      Heather Ann Christensen is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

    • @v.a.infinity7609
      @v.a.infinity7609 10 місяців тому

      You mentioned our fico score isn't as important. Is there 5he4e a way to get a loan without a job and low fico score? I have a business that I'm building. I just don't have enough in my business to cover 3xpenses yet.

    • @raheemwork1365
      @raheemwork1365 10 місяців тому

      Gold never depreciates , it’s better to buy something that is always a need in terms of an asset in areas where it’s most needed.

  • @RamblingRamul
    @RamblingRamul 6 років тому +128

    So basically in a perfect world we all own properties and we all rent from eachother :)

    • @LordHollow
      @LordHollow 5 років тому +24

      Not everyone is gonna want or even think to do this. There are plenty of people set on being renters and employees their entire life.

    • @simo7393
      @simo7393 5 років тому +5

      @@LordHollow so he basically advocates preying on the poor people who don't have the financial skills...it is interesting as a concept to follow when these very same people will start shooting the richer ones on the streets

    • @marstotalchaos4735
      @marstotalchaos4735 5 років тому +18

      @@simo7393 I think he is saying that the information on how to do this is available but we all know that not everyone will do it. It's like smoking. Every knows its harmful but some still smoke. They even know it causes cancer before the try it but still, they do it.

    • @mrchubner
      @mrchubner 5 років тому +15

      One of the Rockefellers is quoted as saying, “Own nothing; Control everything.”

    • @frederickswann5638
      @frederickswann5638 5 років тому

      HAHAHA AH A HHA AHAHAHAH AHA HA HAHAHAH OH MAN

  • @macdenise3203
    @macdenise3203 10 місяців тому +47

    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.

    • @austinwalker1379
      @austinwalker1379 10 місяців тому

      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

    • @joeclinton552
      @joeclinton552 10 місяців тому +1

      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

    • @georgemattocks
      @georgemattocks 10 місяців тому

      ​@@joeclinton552You're absolutely right, and that's a beautiful mindset you've got there I never thought of it this way before.

    • @bryan0359
      @bryan0359 10 місяців тому

      The idea of the whole trade market is something I still can't wrap my head around.

    • @sabinadavis3503
      @sabinadavis3503 10 місяців тому

      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

  • @adarshfaridkhan3361
    @adarshfaridkhan3361 5 років тому +30

    In his book Rich Dad Poor Dad. He wrote about his rich Dad that " I m rich because I've you, kids...
    Poor dad said I m poor because I've you. kids. So it's about your mentality how you see your kids assets or liability. Now I like his rich dad personality but here I disagree with Robert on having a family as liability. Money is good thing but it's not everything. There is a lot of things money can't buy and you all already knew it.

    • @kenonocturn
      @kenonocturn 5 років тому +6

      Money isn’t everything yes, but that had nothing to do with his point. He was simply stating what makes money to go out of your pocket versus what makes cash flow in, that’s it.

    • @novalispentamuse4444
      @novalispentamuse4444 4 роки тому

      It is everything . Money control your mentality -mentality control your mind -mind control your steps -steps adn decision control your life. So if y use mathematic standard if a+b=c and c=d + f
      The equation is a+b=d+f
      A for steps b for iq = c for money . Money for=life+mentality
      Than learn to make money also make you to learn about your self. Money is mentality control.

    • @xic777
      @xic777 4 роки тому

      if you don't invest into your kids they become a liability or even worse burn down your house or kill you

    • @novalispentamuse4444
      @novalispentamuse4444 4 роки тому

      @@xic777 if you couldn't . But if you could? Money control the mindset of physics mental,Controable mindset and itself. When you talk about social capital. Money can be draw as the fifth elements of fire . winds . earth . water.
      And the fifth/money control about this four archirstic of emotion. Its about anger , love , passion , and patient . It can be drawn as Pro-scorates philosophiant or arsitotelian . It draw how mentality work on you . Worst or not is how you control it . How you see it . And how you respon on it . Worst is relative . Worst if you change your children path from poor to poor , not from poor to rich.

    • @xic777
      @xic777 4 роки тому

      @@novalispentamuse4444 as a parent its your soul purpose to invest in your kids if not whats the point of your existence, you don't need money to invest in your kids, you can teach them a skill, teach them true valuable skills to give them a head start in life, there's no excuse to not invest in your kids, that's a fools mindset. tbh the world doesn't care about elements knowing bullshit magic philosophy will not make your life better, you have only one life, make good use of it for yourself and your future generations.

  • @elvismark5172
    @elvismark5172 Рік тому +990

    Is now a good time to invest in stocks? I know everyone says stocks are cheap, but how long will it take for us to recover?. The fact that others in my field make six figures each piece. Obviously, there are strategies to be used in this market, but these strategies are not available to the average person, so am better off putting my money elsewhere. I am fully aware of the expense of working more to get more money.

    • @AnthonyHart34
      @AnthonyHart34 Рік тому +2

      The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.

    • @mattandersen2458
      @mattandersen2458 Рік тому +2

      you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.

    • @waynestones
      @waynestones Рік тому +2

      @@mattandersen2458 I'm looking for advice on how to rebuild my portfolio and develop more successful methods in light of the steep drops. How can I find this instructor?

    • @mattandersen2458
      @mattandersen2458 Рік тому +2

      @@waynestones I wholeheartedly back financial counsellor Sharon Lee Casey, who holds a US SEC licence. She has been helping me for a long with my portfolio. You may look her up online because she has many reviews.

    • @oscarjiron6974
      @oscarjiron6974 Рік тому +1

      @@mattandersen2458 Fascinated to know, Her credentials are undoubtedly excellent,
      Sharon appears to be very knowledgeable. I discovered her online profile and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, so I scheduled a session with her.

  • @dawitabraham404
    @dawitabraham404 4 роки тому +298

    Life time lesson with in literally minutes. Thanks Robert.

  • @simonbad
    @simonbad Рік тому +265

    I'm holding my stock and no "breaking news" FUD will get me to sell. We are an army and all have diamond hands. I'm sick of the market manipulation by the hedge funds and whales. It's past due time to teach those greedy b's a lesson.

    • @AstaKristjan
      @AstaKristjan Рік тому +1

      Most people seek instant gratification, which usually doesn't go well. so set goals 1-2 years out instead months out, and you are likely to be much more satisfied with the results.

    • @Erinmills98
      @Erinmills98 Рік тому +5

      @@AstaKristjan I always FUD at every little dip until a friend at fidelity investments recommended coach KATHLEEN YANELLI CAROLE who managed my bag very well to over 15%.

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Рік тому +2

      @@Erinmills98 This is really impressive, who is this person and how can they be reached?

    • @Erinmills98
      @Erinmills98 Рік тому +1

      @@LarsBergstrom-uh2eu Just go check her on the web, there really nothing much for me to say here.

  • @Willycheng590
    @Willycheng590 4 місяці тому +43

    You're only as good as the decisions you make today with the money you have. This time last year I considered investing without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. One year and a couple of months in, and I'm almost debt free. I truly cannot stress enough how helpful experts in this field are!

    • @Sithembile499
      @Sithembile499 4 місяці тому +2

      How has your journey investing been? What assets did you invest in?

    • @Willycheng590
      @Willycheng590 4 місяці тому +3

      It’s not rocket science. I got into the stock market and started investing in some stocks. Long story short, I blew my account and lost it all with one wrong move. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $10k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 77k in roi, I sit back, and just reinvest at intervals while I focus on my career and family.

    • @Pathston
      @Pathston 4 місяці тому +1

      To me, investing is not worth it, just too risky and I know that's the same mindset holding me back from taking a step forward in my finances. I guess I'm just scared since I'm green to it.

    • @Willycheng590
      @Willycheng590 4 місяці тому +1

      Hermanw jonas (a Gma!L comm
      Is he taking commissions for his services? Yes, I’m I still making money in the process? Hell yes!

    • @Aengel9
      @Aengel9 4 місяці тому +1

      I never feel pressured into making hasty decisions with him, and all fees and commissions are clearly explained upfront. This level of trust and integrity is rare in the financial industry, and it is a testament to Jonas’ dedication to me as his client that he always has my best interests at heart.

  • @Paidnful
    @Paidnful 5 років тому +13

    I'm going to break this down real quick and I hope it helps. At 6:23 He clearly gives an example at the age of 25 how he turned a Liabilty into an Asset, so to speak. He used a credit card (LIABILITY) to purchase an apartment (ASSET) and cash flowed at $25 (PASSIVE INCOME). Cash flow=cash earned after paying all expenses. I see multiple benifits out of this scenario. 1) Leveraged his personal credit to obtain debt, a credit card, which means he used other people's money and didnt have to tie up his own cash. Additionally, credit cards are much easier and quicker to obtain versus acquiring a mortgage. 2) Utilization of someone elses money, Credit Card (LIABILITY), to purchase an INCOME DRIVEN ASSET which covered all operating expenses for the apartment, including repayment of the credit card, once the rent was paid by the renter, and left him with $25 that he did not have to get up and actively work for. 3) His FICO score had to go up for paying back on the card, thus opening the door to more opportunity to acquire larger lines in the future. 5) The Apartment (ASSET) acquisition immediately increased his networth (WEALTH) at the same time. 4) Holding of the ASSET long enough, or buying right coming in the gate will allow cash (EQUITY) to be pulled out of the asset either immediately or when it appreciates. 5) Sell the asset when its crazy over valued like in 2008 and now in 2019 and walk away with a HUGE PROFIT, 1031 exchange it and increase your passive income and wealth without paying tax on the gain all while using a credit card 💳 (LIABILITY/DEBT). Rinse and Repeat over time to build a massive rental asset portfolio. Then come back to look at this video and shake your head at all of the people who didn't take advantage of all this opportunist information. Most people will apply for a credit card and use that liability to cover another liabilty. It's all a mindset 🧠. Choose what side of the fence you want to be on simple as that. ✌🏼

    • @eyugebeta9905
      @eyugebeta9905 2 роки тому

      Thank you so much for the details...!!

  • @anthony94172
    @anthony94172 Рік тому +186

    When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance.

    • @LiJie-ml5di
      @LiJie-ml5di Рік тому

      Hello, I'm new to Biticon trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong

    • @promiseessien730
      @promiseessien730 Рік тому

      As a beginner who don't understand how Btcoin trade really works and you really want to make profits from it. I will advise you to first start working with a profesional trader

    • @usmanibrahim6296
      @usmanibrahim6296 Рік тому

      How can someone know a profesional account manager that is trustworthy and legit, they are hard to find this period

    • @Michael-qk4bd
      @Michael-qk4bd Рік тому

      I highly recommend Mr Greg T. Martin fx he is my current trader and his strategies are working

    • @rodiyahyusuff7702
      @rodiyahyusuff7702 Рік тому

      he is the best and his strategies works like magic. I've been making over 300% of my investment weekly since I started investing with his trading services.

  • @kapatip9936
    @kapatip9936 5 років тому +120

    I think family is treasure- worth more than assets

    • @mashudrahman9190
      @mashudrahman9190 4 роки тому +25

      When u don't have any money how u feed them man?

    • @eigelgregossweisse9563
      @eigelgregossweisse9563 4 роки тому +8

      Your brain can be either an asset or a liability. Some are limited. Some are mentally disabled. Some are lazy but can have a huge potential.

    • @TheRazvy1990
      @TheRazvy1990 4 роки тому +1

      @@mashudrahman9190 WORK THE SOIL !!!!! western society ...you only want to stay and look at the MONEY ...BUT TODAY OFFCOURSE IT'S A SHAME TO WORK.....IT'S NOT FASHION daaa

    • @nehakhatri2826
      @nehakhatri2826 4 роки тому +3

      Exactly!!! How can one compare money & family!!!

    • @realvedant_1
      @realvedant_1 4 роки тому +3

      What if you have a fucked up one? Yes, I agree that these people will come to you in your hard time and all that family shit, but what if they are there just for their hidden agendas? What if they are giving you more headache, tension and family drama than your job? And to be clear, I'm living in one of those!

  • @mohammadabukhalaf1780
    @mohammadabukhalaf1780 11 місяців тому +3

    a great man i should say, you gave a summary of life in 10 minutes with all the pumps in it

  • @TrueShinobi15
    @TrueShinobi15 Рік тому +82

    Being 25 watching this and hearing that you bought ur first property at that age and started to profit from the earning even if we're just a little. Is beyond motivating to me I'm locked in and truly eager to learn more.

    • @PrathamSaini-sd1cr
      @PrathamSaini-sd1cr Рік тому +2

      I am listening it at 17

    • @LorenzAugust
      @LorenzAugust Рік тому +3

      ​@@PrathamSaini-sd1cr same, preparing for 18

    • @longlifelearner2005
      @longlifelearner2005 Рік тому +1

      @@LorenzAugust Samee, wanna make a groul chat about financials?

    • @LorenzAugust
      @LorenzAugust Рік тому

      @@longlifelearner2005 you mean group chat about finance? Sure I guess? I just started studying corporate finance, and I started with the book and trying to know all the financial terms to be financially literate.

    • @NikosTsiotras-cs2gd
      @NikosTsiotras-cs2gd Рік тому

      ​@@longlifelearner2005Interested Aswell, how about a discord group chat?

  • @toralayous8500
    @toralayous8500 Рік тому +94

    This is a well detailed and informed video. I'm here to learn how to invest after listening to a guy over the air talk about the importance of investing and how he made $410,000 in 5months from $180,000 startup. Somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas

    • @lampwhite8855
      @lampwhite8855 Рік тому +1

      Investing in crypto and stocks is a good idea, a good system would put you through many days of success

    • @davidOmoL
      @davidOmoL Рік тому +1

      We need to act consistently as investors and not as a speculators on the market if we look forward to profiting from the market

    • @khamablaze4459
      @khamablaze4459 Рік тому +1

      Having monitored my port_folio performance which has made a jaw dropping $370k from two quarters alone, I've understood why experienced investors make enormous returns from the market

    • @toralayous8500
      @toralayous8500 Рік тому +1

      Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?

    • @khamablaze4459
      @khamablaze4459 Рік тому +1

      I'm trading with Expert Mrs Denise Mitchell, a FINRA regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously, it's reflecting on my portfolio

  • @anniealexander9616
    @anniealexander9616 5 років тому +146

    I went through a divorce in 2011. I couldn't afford my house anymore. I put a tenant in it that could afford the mortgage. I never understood why others didn't do the same thing instead of getting foreclosed.

    • @willgny7749
      @willgny7749 5 років тому +3

      Annie Alexander Some people like fighting. I gave up my house which had no $ in it for no alimony. I told her keep your house and assume the mortgage and rent out a room or 2 and I will buy my own house. Look up FHA loans they have all this on the website.
      The other choice was buy me out of the mortgage which there was no money for or sell the house...
      It can work out for both if people collaborate.

    • @kingherotv
      @kingherotv 4 роки тому +10

      Where did you go and stay if i may ask? Did you rent or bought another house?

    • @chinobonito30
      @chinobonito30 2 роки тому

      Very bad decision. And where did you live? On the street?

    • @BryanWinssss
      @BryanWinssss 2 роки тому

      Hi

  • @wo1162
    @wo1162 4 роки тому +34

    When you are child your parents see you as liability but still they love you, so when your parents grow old they too are liability but love them back ❤👍

  • @Alejandracamacho357
    @Alejandracamacho357 Рік тому +149

    The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, etfs, coins and bonds.What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor Deborah Jean Dykstra.. it's been great.

    • @BenjaminMcLeod815
      @BenjaminMcLeod815 Рік тому +1

      Nicely done. love diversity.

    • @PhilipMurray251
      @PhilipMurray251 Рік тому +5

      out of curiosity I did read about Deborah Jean Dykstra on the web.,she has a great resume.

    • @Christine-ce4xo
      @Christine-ce4xo Рік тому

      i'm happy there are lots of people doing so well...Love this channel for the transparency

    • @Robertgriffinne
      @Robertgriffinne Рік тому

      ​@@PhilipMurray251 i found her web too, she's impressive

  • @mu4124
    @mu4124 Рік тому +4

    Robert sir was wrong in 1 thing... kids and relations are not Liabilities - They are Assets... bcoz if u love and take care of them in their need(with true love n affection) they will take care of U when u r in need.....(old age, etc)..😊 I feel this.
    In India we have that love, family and we live together...(especially very southern part of India) So here family is an asset.... I feel this...

    • @deniawiseone95
      @deniawiseone95 Рік тому

      Sorry but he isnt wrong for the majority sir..Also some kids still turn out spoiled and entitled no matter how good u are to them and can't wait to put their parents in a home. Their parents may have not felt negative about them bcuz they brought the kids here into the world but the kids didn't "bring their parents here" so to them it maybe a burden to have to take care of them when its time. Glad for your family being that way in lndia .but that doesn't go for everywhere else. Ijs.

    • @balakrishnaneaswaran8265
      @balakrishnaneaswaran8265 7 місяців тому

      ​@@deniawiseone95 if you don't want any relations and think them as liabilities. why live in this world? what's the purpose of having any asset? why earn money? what would you guys even do without a loved one! :D in this logic - even a husband/wife can become a liability to each other. Is he suggesting to stay lonely? come on. yes financial literacy is important, but one should be human if born as a human in this world. Failing to be human and failing to love is what is causing all the chaos in this world.

  • @thembisilemathibela9758
    @thembisilemathibela9758 11 місяців тому +6

    Mr Robert, thank you.
    For what you do, you are literally doing the most. Thank you for the warm welcome to the rich dad community.❤

  • @JackMasonLive
    @JackMasonLive 6 років тому +104

    $18k a month for old folks?? a 5 star hotel is cheaper!!! What do they offer at this old folks home, a Rod Stewart show every month??

    • @kevincampos3797
      @kevincampos3797 5 років тому +7

      Lmao

    • @this_mfr
      @this_mfr 5 років тому +17

      Many of those homes provide healthcare as well. In house doctors and nurses...etc. Plus physical therapists. Depending on the health issues the parents have (cancer, diabetes, etc.) 18k is very possible if all care is provided at the center.

    • @cody1212143
      @cody1212143 5 років тому

      Haha Is probably his in laws and parents he has to pay for. Probably 500 a month for cheaper places.

    • @jayjayita7649
      @jayjayita7649 5 років тому +5

      I'm so blessed to live in Italy, where old people can be cared 24/7 in excellent retirement homes for about 2000-2500€ 😀

    • @tysontime2515
      @tysontime2515 5 років тому +3

      Maybe invest in an old folks home!!

  • @frederickswann5638
    @frederickswann5638 5 років тому +16

    4:45 - ... bought my first house... apartment, investment property... "I didnt live in it, I rented it out"... If only I had heard, believed and acted upon those words when I bought my first property. OUCH Ouch, well, I just had to learn the hard way ey!! Now I am a Student, Thanks Mr. Kiyosaki!!

    • @switchjim
      @switchjim 5 років тому

      Just being curious, although it is not my business, but I have to wonder ... if you bought your first property and then rented it out, which you did not know to do, thus implying you lived in the first property ... I wonder who it was you would have lived with while renting that "asset", meaning, for whom would you have been a liability while collecting from and maintaining your non personally occupied asset?

    • @mm-hq4qh
      @mm-hq4qh 5 років тому

      @@switchjim learn how to read

    • @switchjim
      @switchjim 5 років тому

      @@mm-hq4qh can you be more verbose?

  • @shougsshoug
    @shougsshoug 3 місяці тому

    أنا من أكبر معجبينك وقمت بقرائة كتبك أنت عبقري في مجال المال وسعيده بإكتشافي لقناتك ومتابعتها

  • @anshuljain2402
    @anshuljain2402 5 років тому +24

    Hello Robert, I have just started following you and hope I could learn most of what you are providing. Don't know how this knowledge will fit the Indian market and liabilities. But definitely, I would be following you to expand my IT business.
    So I have learned from this video ---dividing whatever I have into 6 parts and they are: income, expenses, assets, liabilities and CASH FLOW.
    Thanks for this knowledge.

    • @bergomymarcelin4218
      @bergomymarcelin4218 4 роки тому

      Anshul Jain hi girl, I want to learn in yr hand about the business.pls

    • @billolsen4360
      @billolsen4360 2 роки тому

      You're a phony person set up by Kiyosaki, that's all you are.

  • @daniyalsaad5695
    @daniyalsaad5695 Рік тому +91

    Successful people don't become that way overnight. What most people see at a wealth, a great career, purpose is the result of hard work. 🤑🤑

    • @wilsonariana
      @wilsonariana Рік тому

      She trades for me too. My first investment with Mrs Layla Taylor gave me profit over $25000 and ever since then I trade with her and it has been a good turnups

    • @blessingharvey
      @blessingharvey Рік тому

      My first experience with her gave me the assurance that has made me to invest without fear of losing

    • @blessingharvey
      @blessingharvey Рік тому

      7th winning thanks to Expert Mrs Layla, she's really the best, I've made a lot

    • @jorgemiguel8866
      @jorgemiguel8866 Рік тому

      Please how can I reach this Expert Layla everyone is talking about?

    • @blessingharvey
      @blessingharvey Рік тому

      +1

  • @FreedomForce100
    @FreedomForce100 5 років тому +112

    Let's face it: Robert's financial IQ is well above average. He also is a great human being for helping others. Robert and his wife Kim are a wealth of education and tips.

    • @la_rooh
      @la_rooh 5 років тому +1

      FreedomForce100 that’s why his trainings are so damn expensive

    • @stza16
      @stza16 4 роки тому +1

      He's great at taking your money. And most of what he says is nonsense.

  • @eriksargsyan5250
    @eriksargsyan5250 4 місяці тому +1

    I agree with you Mr Kiyosaki except one thing - family has been and always will be an asset, I would say the most important one.

  • @rebeccarogan1912
    @rebeccarogan1912 4 роки тому +24

    Thank you for putting together this intelligent and easy to understand series. Many blessings to you for this kindness!

  • @davidwinner6926
    @davidwinner6926 3 роки тому +50

    It's cruel but true:
    Liabilities are children, elderly relatives, girlfriend/wife, broke friends, pets. Legal marriage is the biggest risk for a wealthy man or woman. Robert is just being honest.

    • @derekcasanares4785
      @derekcasanares4785 2 роки тому +1

      It's not cruel at all

    • @julienlenfant9075
      @julienlenfant9075 2 роки тому +11

      It's fine to say this but you're missing something if the "liabilities" actually make your life worth living. Sure you can sit alone and wealthy in your empty house if you want to and congratulate yourself for the financial optimizing you've achieved.

    • @Mr.Eminem
      @Mr.Eminem 2 роки тому +5

      Wife and family is the biggest liability in a man's life

    • @bartz4439
      @bartz4439 2 роки тому

      @@julienlenfant9075 don't measure others your scale. Just cuz you like your family or doesnt mean all do. What about guy who was beaten and molested by parents? You like football? Great, I hate it.
      But for sure family is liability

    • @c.8233
      @c.8233 2 роки тому +3

      @@bartz4439 he was just using family as a liability. if you think you’re going to go your whole life without liabilities that you enjoy, good luck. If you don’t, you would literally just be making money to spend it on nothing you enjoy.

  • @MichaelAD222
    @MichaelAD222 2 місяці тому +71

    Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.

    • @KarinaMilan4
      @KarinaMilan4 2 місяці тому

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @SylviaJoe6
      @SylviaJoe6 2 місяці тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @AlexandraGray-t4
      @AlexandraGray-t4 2 місяці тому

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @SylviaJoe6
      @SylviaJoe6 2 місяці тому

      Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @GeorgeCook2
      @GeorgeCook2 2 місяці тому

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @louie-e9v
    @louie-e9v Місяць тому

    your videos are helping my children because they said mum im getting a job im gona then try get a mortgage to buy a house I said STOP I showed them your videos bought some books and said learn about cash flow assets etc ..... Robert kiyosaki and his wife Kim are teaching you this and it changed their whole mind set

  • @jerrymax5189
    @jerrymax5189 2 роки тому +41

    Hello I'm new to bitcoin trade and i have been making huge loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?

    • @adamsgreat2571
      @adamsgreat2571 2 роки тому

      Trading on your own is very risky, I've lost alot trading for my self

    • @adamsgreat2571
      @adamsgreat2571 2 роки тому

      I lost £1200 carelessly trading on a
      platform then I was referred to Mrs Robert Nancy she recovered the loss and made an extra profit of £4600..

    • @mariacindy8554
      @mariacindy8554 2 роки тому

      @@adamsgreat2571 So... I will advice you should
      stop trading on your own if you keep losing and start trading with Mrs Robert Nancy trading services

    • @mariacindy8554
      @mariacindy8554 2 роки тому

      Trading crypto with Expert Nancy has being a game changer for me.

    • @edwardalbert3714
      @edwardalbert3714 2 роки тому

      @Michael James You don't need to be shock because I'm also a huge beneficiary of expert Mrs
      Nancy

  • @frostsmaker8966
    @frostsmaker8966 3 роки тому +7

    8:16, I agree with that. My father has 4 children, I have to sacrifice what I want for my siblings. I just can't take everything, don't care to my siblings, try everything I could in life. I hate to be kind, I want to be an evil person. I'm poor, I spend most of my time thinking about how, how,... and I will not get married and have a kid if I'm poor. Even if I have kids, I will make sure to only have one. I will make sure my only children can do everything in life, try all the possibilities for his future.

  • @alexgreat4288
    @alexgreat4288 2 роки тому +51

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed more light on some things, but I'm confused, I'm a newbie and I'm open to ideas

    • @kentstrafford5836
      @kentstrafford5836 2 роки тому

      I start with $2,500 at May 15 and I'm almost at $21k now! all thanks to Patricia

    • @Garys_Bob
      @Garys_Bob 2 роки тому

      Wow that's awesome because I Started with $5,000 at the same time. Now at 52,000$.

    • @swiftkatherine2734
      @swiftkatherine2734 2 роки тому

      Congratulations that is a real success story in my opinion. Success because you didnt allow the amount to determine whether or not you would jump in. Good job. See you at the 100k meet and greet.

    • @farishdaniel9493
      @farishdaniel9493 2 роки тому

      I'm at 1.25k now!

    • @michelleleong7395
      @michelleleong7395 2 роки тому

      Do you sell high and buy low ? Or do you hold? I need tips

  • @darrenwoolley5094
    @darrenwoolley5094 Рік тому +2

    Apt and insightful video. Let me add that I moved to a relatively low value housing area because of tax from Farragut, TN, to North Dakota. Reduced my spending and adopted a good dieting. Saved 30% of my income and made a down payment for a house, put a few rooms on rent and the rest of the work was done by my FA. I didn’t achieve it faster because it takes time to perfect, I’ve grown a nest egg of over $450k in almost a year, even as the economy worsens; This can only be achieved by setting goals and of course working with the right FA. A lot may disagree on an FA because of their charges but I always say the work of an FA is so underrated and it’s more than just making sure you make profit. As long as you get your profits based on agreements, an experienced FA who’s been in the market for years will not care about Milking you. Considering how the global economic market has slowed, FAs do a hard-high tasked job to protect and offer financial benefits that a regular investor will not know of. For a year and the half now, I’ve invested with a financial company that invests on pharmaceuticals and cannabis stocks to cover up for the slowed growth of their bonds (pharmaceuticals and cannabis), crypto (yes, crypto!) and sp500 investments.

  • @emilymccord7063
    @emilymccord7063 Місяць тому +31

    I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

    • @alexandrajuliette6899
      @alexandrajuliette6899 Місяць тому

      I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

    • @giselastefan2180
      @giselastefan2180 Місяць тому

      Seeing my broker talked on UA-cam, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024

    • @carlosalberto54754
      @carlosalberto54754 Місяць тому

      I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

    • @bensonarmstrong7287
      @bensonarmstrong7287 Місяць тому +1

      Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

    • @jordanmorris9663
      @jordanmorris9663 Місяць тому

      Thanks to my co_worker who suggested Mr Lucy Mary Liam to me

  • @damarowwilliams7473
    @damarowwilliams7473 6 років тому +32

    The way he describes kids cracks me up! lol " two legged liabilities" His perspectives are always intriguing.

  • @karenphilip7006
    @karenphilip7006 2 роки тому +41

    Success is about focusing Your energy on
    what creates results and using what you
    already know

    • @jackson4636
      @jackson4636 2 роки тому +1

      I pray whoever reads this should
      become successful. keep I for success.
      the rich stay rich by spending like the
      poor and investing why the poor stay
      poor and be spending ike... Read more

    • @donnacarol7483
      @donnacarol7483 2 роки тому

      Assets that can make you rich!

    • @laurabeverly9242
      @laurabeverly9242 2 роки тому

      But I don't know why people remain
      poor due ignorance

    • @abuyutonyese1239
      @abuyutonyese1239 2 роки тому

      It's not ignorance but
      unprofessional broker in the market

    • @kira-dp3fy
      @kira-dp3fy 2 роки тому

      People are really making a lot of money
      from it..

  • @eury360
    @eury360 6 місяців тому +1

    A House is a Liability, the only way to turn it into an Asset is by Renting it out. Renting out each Floor, divide it into a 3 or 4 family house.

  • @Hany323
    @Hany323 Рік тому +11

    A child is definitely an asset, when children die life is never the same. The love and meaning to life they bring is beyond money. Money is meaningless if not directed to a higher purpose.

    • @foreveryoung999
      @foreveryoung999 Рік тому +2

      Yup. You can't put a price on a human life.

    • @kjw79
      @kjw79 Рік тому +2

      As well as the care and assistance they support with in elder years. The son he spoke of is a definite asset to the mother. His kids will one day become an asset to him in his elderly or ill days

    • @tyomega6503
      @tyomega6503 10 місяців тому +1

      In financial context, they are not, which is the whole point of the video..

  • @mrmatias2618
    @mrmatias2618 5 років тому +33

    I am 22, and everything that I have is liability Sh**t . Thanks Mentor. It's no later to change. Greeting from Angola 🇦🇴

  • @mariusciobanu2025
    @mariusciobanu2025 2 роки тому +24

    In 15 minutes I learned that my 4 year MBA degree costing $100,000 was a liability the entire time.

    • @zakymaa
      @zakymaa 2 роки тому +2

      Correct but if you get a better job later then it generates more cash flow for you. Becomes an asset!

    • @colourcakez3585
      @colourcakez3585 2 роки тому +2

      @@zakymaa but than again you pay income tax and payroll tax

    • @vreetdubariya7399
      @vreetdubariya7399 Рік тому

      ​@@colourcakez3585he has explained that how to shift from a only cash flow from job to cash flow from assets