Mr. Kiyosaki, because of you I was able to "retire" and get out of the rat race by 27 years old. And here you are a decade later still dropping knowledge. Having undergraduate degrees in engineering and business, along with an MBA, I was somewhat set in terms of a career. But it was a miserable existence even though I was paid well. I then set out down the lonely road of escaping the "grind." I now live mortgage free, surf, travel the world and spend my days coaching and building new things, yet my friends and peers look at me as the odd duckling. It's a strange, yet beautiful life. The thing I love most is I can't remember the last time I had to wake up using an alarm other than catching an early flight to Costa Rica or something. Your most valuable lesson to me was defining assets. Only an asset will generate you income, anything else is a liability. Thank you for writing your books and help shifting my young mind.
Im married and have children and happy with it. What you say? You think money will make you happy? When you will be near your death.. you will realise that money race was useless
Very insightful video. I've read all Mr. Kiyosaki's book. I've implemented some of the strategies from his teachings and even to the point where I was involved in every cashflow quadrant and I do agree that relying on a job alone is not going to help you financially. However, being employed while learning the other quadrants at the same time gave me a deeper insight in how the cashflow quadrant worked for me. I went back to university at a mature age and took the valuable knowledge I gained from Mr. Kiyosaki and took it to the next level. I learnt about debt management, debt financing and equity financing. I also learnt about the principles of finance, financial ratios, and accounting for business decision making, something that you will never learn from Mr. Kiyosaki's books and seminars. Knowledge is power and that indeed is true. Thankyou for the books and wealth wisdom Mr. Kiyosaki.
Because money is common sense and you're a real idiot if you have to be taught about it. You go to school to gain knowledge you can't get on your own, money isn't one of those things.
I didn't go to school past 9th grade and I'm retired. I watch these videos for inspiration to make more money. So, no, you don't need school unless you're just a total follower and need someone to tell you how to think. And one last thing. I was retired by 33 years old.
@@ashleyashleym2969 Money is the most important thing any of us could learn about. It is a part of our every day life and it totally influences weather we have a good life or not. Money should have its own lesson period in schools and education should be learned because it's healthy for our minds to grow in the same way it's important to keep our bodies fit.... But lets get real here education is a total waste of time, unless you want a traditional type job "doctor" 'Lawyer' ''Banker' etc.... But since when was a great education vital for the guy who is much more skilled with his hands and imagination than his acedemic abilities, the answer is that it's not vital and all it does it direct him/her away from their talents. All we are told is that we 'must' get good grades in order to get a good 'job' the trouble is that when the guy who is not so acedemic minded gets bad grades he has now been conditioned to think that he is useless! It's a terrible fucking system and all it serves is keeping us right where we don't want to be..... Slogging our guts on the 9 - 5 train for the next 60 years!!
I never had a job before after graduating from high school while 17 and even now while 28 and live off something as SSI, I rather being living $10,000 in Paypal in Passive Income from affiliate marketing which is 10 million times more better than me living off SSI "benefits" from the baka (Japanese for stupid) government which I hate doing by the way my life would be better if I was already a successful online affiliate marketer making 10K Paypal in Passive Income and living financially free and having time freedom as it is supposed to be.
I will forever acknowledge this channel with the help of your lessons and ideas explanations, Now It's quite helpful while you'll just sit at your comfort and monitor your account Growth
The wisest thing that should be on everyone's mind currently should be to invest in different stream of income that doesn't depend on the government especially with this current economic crisis around the world
It astonishes me how some of the people I know where I work at have been working there for years and years when I’ve already started creating income off my wealth in 3 weeks spent months learning to day trade forex and it’s just now starting to pay off
@@liyahlang4909 I actually agree with this there's nothing wrong with a normal job but the problem is that people stop evolving and stop working towards their dreams and get too comfortable.
But someone does have to do these jobs even if they don't make a career out of it. Imagine if no one would work at a factory or no one wanted to work for a roofer.
The "Rich Dad Poor Dad" book changed my life and still is. Quit drinking and smoking, quit my dayjob after I saved enough money while started my own design agency of my own and business with my wife too. Having a clear goal helps a lot and not working for money is the best way to go!
i am 27 i will help myself work for myself and is going to open my business this next couple of weeks good luck Eduardo! i wish you luck friend, there are others like me and you are out there
@@sergiuboldut9201 by not drinking or smoking weed or cigarettes and using their hard earned slave wages to invest in the ability to borrow out a large amount of money they are confident they can pay back in a realistic period of time, then once theyre paid off theyre rolling like steam
If you study all our culture, they are built on employment. Employment destroys your gift and talents, it stops you even from thinking about it. We have been damaged greatly by our educational systems because they have actually been conditioning us to believe that we are only here to find a job pay some bills and die. I promise you you'll never find your gift in education so make a note of this, a gift can never be learned it can only be refined. NOW WAKE UP PEOPLE!
Let's make it simple: we are alive so we need resources, resources cost money, unless you live in Alaska and get everything from nature. To get resources and services you need money; because other people spent time and resources to make a service or collect and process resources. To get money you need a job; that's all. You go to school to learn things that make you more useful for a company, which in return, pay you more money. You can avoid to go to school and learn on your own; although for certain jobs (doctors, lawyers and few others), you will have hard time finding a job without a degree. So the tL:DR is that the educational system exist to give people the chance to learn and prove that they learned. It does not teach you how to make money; that is up to you.
There is an employement for every gift or talent. And school systems, although not perfect, encourages it and try to provide tools and further knowledge necessary. Losers need to stop blaming school for not having any talent in life. You know what kind of talents schools don't encourage? The ones that add no value to society. Is that your talent the school took away from you?
The goal of a successful trader is to make the best trades. Most times when you're not knowledgeable about it, you tend to lose money. No one losses with a good and right strategy, a strategy could only be referred to as "good" if it's consistently winning trades. You can make great profits fast but you can lose them even faster. Be guided. I would recommend you to the best account manager Sir Adams who has taught me all this. I'm so happy now. Now I make consistent profits.
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today expert Stacy Griffin has helped me recovered all the losses
Our world is more full of the biggest mafia ever and the schools are, too. The schools are catering to these corporations. The military industrial complex kills more people now than ever. They spread more chemicals around the world now. And I found youtubes about Fukushima being bombed by HAARP, which is spreading radiation all around the world constantly, on purpose. Of course, Nagasaki and Hiroshima were on purpose, too. Leuren Moret speaks in youtubes about Fukushima being an extinction level event that she talks a lot about. There are people that have been working on the depopulation agenda for many years. People still believe in death and germs and enemies. The school system teaches evolution which is a lie, proven by quantum physics. The world has changed, but in many ways it has not. More borders are going up. Stricter rules. Corporations have bought the schools. People are saying the corporations have taken over the government. This is fascism. JFK warned us of this ruthless and monolithic conspiracy that kills and maims those that talk.
agreed, I spent $5000 for his coaching program in2016, it proved as complete waste my money, and I can not make a successful comsumer complaint against this business, because they can claim that it is your fault for not being a good student... I knew my money went to his passive income so he can buy more property, a true jack ass.
Taylor Simpson I’ll never understand that neither. He says jobs are for losers yet the girl in the video works for him. He’s basically calling that girl a loser
Maybe it is your aspiration to support others with the same aspirations as you. For example, many universities are technically charities... The money they make goes to the university itself to provide better and better education.
@@youtubecomments5951 UK universities do not make a profit. Any income they receive is spent on day-to-day activities, or reinvested for the future. Unfortunately the televangelist that this man is gives an utterly false and scam - worthy worldview. This isn't what we aspire to be, ruthless exploiters/winners, bankruptcy be damned. It's a fever dream sold by a "used car salesman".
nkorppi ohh. I’m talking about America. There is nothing free here. Not even freedom. It Isn’t the best country in the worlds as the brain washed educated people think it is. School is for profit. Medical is for profit. Just letting people of the world know. America doesn’t have “free school”. Even places that claim non profit is bullshit. Cause the person that does non profit pays themselves high ass salaries and bonuses so the company technically can be called non profit to trick the people thinking they are donating to a good cause.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@@raspberryPi1337 there is no justification for being mediocre at school... school is invalid once you learn how to read or write UNLESS you know exactly that you've fallen in love with the subject at hand, otherwise it's useless. Good grades aren't everything
I feel like people overestimate success too often. Success comes Easily to those who seek it.. and are willing to work hard, and work smart for it.. the resources are always readily available.. no matter where you are.. or what you do in life. I am thankful to have read your book at a young age (15) I Began investing months ago (18) and now am on the road to getting my dream business certified.. I grew up very poor, Literally Dirt Poor.. my shoes would always have mud on them.. I had to wear my mud shoes out to drive my car, and change into nice shoes every time I went to a meeting, or an event. Though many of my accomplishments may seem small to others, they are milestones for me and I am always willing to go the extra mile to accomplish my goals.... Every day I make it an effort to... 1- Learn Something New 2- Say something positive 3- Make an impact on myself, and others... even if it is a very small impact. The only reason YOU are not successful today.. is because you choose not to be successful.. that goes for anything in your work, your life, family.. or whatever it is you are passionate about. Success is up to You and You Only!
Did you use it though ? What did you really learn ? If you really learnt anything of actual use, you’d be working towards these goals! But you aren’t, are you josh ? Cause you know it’s too damn risky
Will Baldwin Don't belittle Joshua.How do you know he's not working toward his goals?.He might be making moves RIGHT NOW.He's probably smarter than you.Don't ever presume to know anyone.You are no better than he is.
@@kimyoung8414 very true! I started investing in 2016 and that same year I pulled a profit of about[$300,000] with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you
@@erichkraetz2622 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks
@@checkforme234 My advisor is 'INGRID CECILIA RAAD'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
Theres no such thing as self help. You did it yourself? You didnt need help. Why would you read a book written by somebody else? Thats not self help....thats help.
@@davidjones-wy3ln kinda agree. There is no way for everyone to be rich. why? cauze you gotta have the poor so that you can become rich. This is capitalism 101... or simply read Das Kapital.
@@ALEX-hu6ll Darling, everybody has the potential to be rich. The point is that almost nobody, only very few has to ability to achieve their potential.
I didn’t got to a university or college. I went to CDL school and got my class A Driving license, and I get paid well. All I paid for school was 6000$, I make that every month. But I still listen to this genius because of his knowledge in investing. My next goal is getting a fleet of trucks to work for me so I can sleep while I make money. Robert helped me create this mindset though. 😁😁
@HM Fitness no..wtf man....but if you save for your own truck...you can buy another truck and another truck... But to get there you need to work alot..and than you can move money to other investments.... Than perhaps you could be a milioner...but on your way there you will need to work alot,..!!!!.. but you could in some short time become free
In my opinion, after reading the rich dad and poor dad, our government wants us for the age of 20-48. And that's the crucial time when we can change generations. Thanks Mr.Kiyosaki for changing the view of financial education.
because they don't know anything about it. I mean teachers don't even put practice into what they teach but they teach us as students, there was one time my business teacher told me that her house that she lives in is an asset!
I remember it was 1999 and I was in 11th grade English class talking to one of my classmates when the teacher called me out. "Are you listening to a word I have said?" I answered "No" She asked "why not?" I said "I have taken English every years since 1st grade, you either don't have anything new to teach me or I am not going to get it." She said "well, you might want to". Then I asked "why so I can get good grades, get into a good college and get a good job like you?" She answered "yes". I said "a college education cost about $16,000 a year right now, with four years of college that puts a degree at $64,000, a teacher starts out at $21,000!" Then I said "and that's why I will never take financial advice from you!"
@@miyabe_k195 if you think about capitalism, socialism, or others, well, remember that the school taught them. A successful man knows that they are not important, and he doesn't think that something like that can obstacle his road.
I'm an Accountant. After working for a company and seeing how many multiples the owners make (between $400k to $600k annually) compared to everyone else ($60k avg annually) convinced me to start my own business. It would be ridiculous for me not to. The owners aren't smarter than everyone else, just will to step out of the comfort zone.
You still need capital to start your own business, which means you still have to come cap in hand to a bank and hope they give you a rate to borrow that isn't going to completely bend you over. Fail that and you have to prep some kind of investment consortium - good luck with that if you're a nobody. Also, they're not just going to lend you huge amounts of money at no risk, you need collateral to put up. Even being a business start up, you're at a disadvantage compared to those who are already at the top. And then just look how quickly you could be taken out by something like COVID lockdowns. I imagine those that just managed to break even after their first year, or just started turning over a profit in year 2, got completely derailed. You need connections and many who made it probably did things not exactly according to the book. No internet guru is going to tell you that side of things.
@@adipyramidadmal for a small biz owner? Lol wheres this at. You aint opening just any random business and getting rich. Most fail and even the ones that do succeeec it takes a while to get a profit you can pocket. Good luck tho
You are 100% correct, I’m tired of working paycheck to paycheck and being a slave to the system. I shouldn’t have never taken out student loans and became a registered nurse. I am quitting my low life nursing SLAVE job of 10 years tomorrow and I’m going to buy commodities and open a business, all thanks to your advice! Thank you Robert for opening my eyes to this, I am writing my resignation letter right after I’m done posting this comment. 👍
He speaks the truth. The thing I wanted to say is this, not everyone can or will be an entrepreneur. Some people "have" to work for money in order for people like Robert Kiyosaki to not "work" for money. This tells me that rich people need people to go to college and get a job because it keeps them rich. If everyone worked for themselves without any employees, no one would be rich at all. It'll be like bartering from each other. You have spices, I have clothes, let's trade. My question is, how can we as a society change this social structure to where we all can benefit? I would say getting away from greed would be the first step, but we all know us humans will never let that happen lol.
The universe provides enough for EVERY MANS NEED just not for EVERY MANS GREED! This is the most articulate, sincere, insightful and humane response mi have read on youtube in a LOOOOOOOONG TIME!...Mi personally ahn it would neva happen here, mi wish USA was more like a socialistic government. Look mi know the BILL GATES, OPRAHS, ZUCKENBERGS, PRINCE ALAWEED, - Mi know a lot of celebrities, entertainers have worked hard for their millions/Billions- Mi just can't fathom why somebody needs that much money ahn a system allowed them to make that much money.... but then yuh have folks eating out of trash cans smh----This why we on earth!:( Just makes no sense to mi!!! Rispek mon to yuh comment!
There is more to life than just paying bills and working 9 to 5, if we have the knowledge of how to create income there would be no need to rely on our monthly checks.
Hello Kim, for someone seeking to have a secondary means of income, what profitable Investments can I hold for a long or short term that can produce good returns on a monthly basis.
He is absolutely right I worked for a government job for 16 years I got sick at work and my employer caught me all the way to court not to pay me my retirement/pension and after five and half years battling in court the judge ruled in there favor and then my attorney dropped me like a bad habit and I was left with nothing, now I’m trying to learn and repair the mistakes I made which is even harder because now I’m older and my health is not as good as it was, wish I would have started when I was younger, however I’m not going to give up
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.
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
Like he said you want a job for the experience. Learn the retail learn the customer service learn communication etc. Don't make it a must in your life. Your the creator Chase your Dreams 💯
hiba :3 i disagree with going to the bank, stay out of debt n don’t live a life you cannot afford. don’t get ona payment plan or u gon be stuck trying to pay sometbing off for years .. just save up an invest
@@krazex Go get those loans from the bank but buy assets with it. Back in 2012 I went in debt to buy 3 trucks for $260,000. Now the debt is all paid and I have 6 trucks and all the money I earn is mine.
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 light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@@lilymichie8343 It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $360k from just the past two quarters alone, i have learned why experienced traders makes enormous returns from the seemingly unknown market.
@@johanwahlgren6850 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
You can choose to feel that way or choose to become empowered by your thoughts and actions. Don't allow what others say, determine how you choose to feel. ❤
Depends on your "bills" I'm doing fine making 70k a year. I don't want to be rich with money, i want to be rich with family friends community and God above all else.
There's a saying: Go into business yourself and you can choose to work whatever 18 hrs. a day you want to work. Now, I get the essence of Kiyosaki is saying but the route he is taking is for certain types of people...mainly type A personalities. Not everybody is like that. Not everyone can handle the ups and downs of a real estate investor type of a career, plus the fact that you are on call 24/7 rather than working a 40 hr. work week and can compartmentalize your life rather than make work your life. I know a few people doing something like what Kiyosaki does and their cell phones are on 24 hrs. a day and they have to be able to shift to crisis mode in an instant. Not everybody can be mentally tough enough and ruthless to deal with bad renters, bad employees, the pressure of crucial business decisions and the ups and downs of investment type income. Many people just want to clock in their 40 hrs. a week and use the rest of their time to destress and do what they want. There's really nothing wrong with putting in your time and retiring with a reasonable retirement rather than working until you die. From what I've seen, Kryosaki type people basically are workaholics who keep pushing until they expire, which is fine if that's what you want to do but not choosing to be the richest man in the cemetery does not make you a loser. Sure it's great to be rich but it's not necessary for true happiness.
Religion any Gawd a Deity that's Un Named . Majority of Prison Population are Arbitrary Ordinary Gahds Believers . with no Name . People who are Slaves to Religion and Forced Control May Never Have Freedom from Religion.. Live your Best Life without Relying on a Sky Daddy ...
i totally agree with you Robert,. investment is the only way to build up wealth and taking 2 to 3 jobs wont do the trick. I urge someone today to start up an investment no matter how small just start and grow from there, it could be Real Estate, Stocks, Forex or Option. Make Hay While the Sun Shines ...
@@totallumber3492 Yes i do, i opened a trading account with 70k, investing in forex stocks and option and i make 30% profit biweekly. I also invest in Real Estate,i bought a house in 2013 for 80k and today its worth 110k, there are a lot to invest in you just have to know what you're looking for.
I live in Africa and it is thanks to Robert that I became my own boss now and not to be exploited by other people or to realize the dream of someone else. I am so grateful for the information you share. Thank you, you are awakening the living dead
To help folks understand this lesson, there are 3 different types of income: 1. Earned - from working 2. Capital gains - from selling something 3. Cash flow - from passive income The reason why Mr. Kiyosaki doesn't invest in paper assets or work for a paycheck is because the first 2 types are taxable. But if you invest in the third type correctly, that is, by using debt, your income is tax free.
Robert only encourages to work at companies so that you can LEARN things from them to take and use yourself but NOT to work for them to be reliant on a paycheck. That is when you "lose"
Robert Kiyosaki: You go to school to get a job so you can work for money. Girl: Exactly. Robert Kiyosaki: To be a slave for money. Girl: Exactly. Robert Kiyosaki: And work for idiots like me. Girl: Exactly.
$100k a year is still a ton of money it depends on who you are and where. I come from an under 10k household. Growing up that would’ve been a massive change of life.
Average weekly pay $1000-1250, 700 rent food petrol other i bills, dont know about america but a pack of cigaretts is $35-$50!! Sydney is one of most expensive cities to live in.
Steven James Sherebkin $1000 a week👀 that’s the dream for most Americans especially here in Miami. 700$ rent I’m guessing on a 1bdrm apartment is also the dream. That’s about $4K a month. That’s swimming in it over here lol. 35$ for cigarettes must be import tariffs or something because that’s crazy. Maybe that’s what eats up that 4grand in Sydney
My dad make 100k a year, because he uses his own knowledge and not other people (financial advisors etc..) he's in debt. I'd wouldn't work for 200k, I want to be making 1 million a year. That's my standard and I'll never settle until I reach there.
Everything he has thought there I learned in University. The only thing is that most students are so focused on getting a job and applying the knowledge they just acquired in someone else's business instead of really thinking about how to apply all this knowledge to their own life. Secondly, you need CAPITAL and quite often if you don't have it from your parents, you NEED to work to ever get any Capital. Lastly, phrases like "let your assets work for you" are completely wrong, your assets don't "work" for you or make you money, your employees are the ones doing that for you using your assets. It's okay to be an employee, just think of yourself as a business of one and know your value. Also make sure you unionize so you can exert enough political pressure so the rules can be designed for you instead of always for the rich as he himself recognizes.
@IHaveSwatches you realize what market investments are, right? Stocks means you're buying into a company, and how does that company make money? You guest it right, the company's employees perform value adding activities using the capital you invested in it by buying stocks. Every business requires at least one employee, so even if you invest in real estate, you still have to manage, the assets, the tenancy, etc. Either you do it yourself in which case you are the one working for yourself and growing your own wealth or you hire someone else to use your assets OR capital to grow it. Other market investments such as debt instruments are not really "working for you" as you are simply a lender and you receive compensation in the form of interest (coupon payments)
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Coach Alex. A widely known crypto consultant
Punny Money that's the difference between the Rich and the Poor.. Philosophy and ideology is less understood therefore harder to grasp if you're just becoming introduced to the concept. :)
Pension doesn't really have much value anyway. If you live to retirement, you still have to scrape by. But the POWERFUL don't work for money, they work for CONTROL which they never give up, and I encourage all of you to never give up control. Anytime somebody wants you to sin a contract or give up personal information, or agree to let them do something, or give up a percent of your ownership, you are giving up control. Don't do that. I have zero debt and as a result I have almost no stress. I make no house payment or car payment, at least not to a bank. I still pay, just to myself. And I don't buy on credit because that makes a person a slave to a credit score or a bank. If I can't pay for it, I don't buy it. You should constantly work to get control of all aspects of your life back into your hands.
I agree with saving and paying for cash. I do not agree with your point about gaining control. What kind of person wants to control others? I prefer to educate what I know and make others feel empowered. Just saying because I am apart of a company that wants to empower and educate others. Ask me.
@@jedeckart4300 You may have control but you will never have big money This guy is trying to teach you something but all you care abt is control You don't explain how you live ie are you paying rent or do you live with mummy lol 😂
@@jojobean9260 Control IS money; you just need to know how to manage it. For example, I have learned to utilize control and as a result I have no debts; I have a new vehicle and completely own it. I have no mortgage, no car payment, no credit card debts, no loans, nothing but the occasional utility bill.
The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances
Genuine interest in achieving the best for clients is what makes Olivia the best. My husband and I met her in 2014. We knew how to earn money and how to spend money but when it came to financial planning we were novices. We took on her strategies and here we are 9 years on extremely pleased with the decision we made
I think when you're young, as in teenager, a part-time job in a business can provide many entry skills as a steppingstone to something bigger. You work with a strong mentor, teammates, observe how decisions are made, and contribute your opinions as well. You follow instructions, a process, ask questions about why something is done or performed in a particular way. You learn the best ways to communicate with customers, use time management flexibility, and solve problems. The idea is to teach and learn as you become more independent, and responsible working towards your own goals or business. I call it paid training before you move on.
Indeed. Self development always builds character. The earlier we have built and applied it to ourselves, the higher the chances we will know how to excel in a lot of things. Advantage of those teenagers who have immersed themselves in the corporate world are that employers choose them over same fresh graduates who doesn't know how things work in the corporate world.
@@site_is_down Thank you for these insights. I'm a mother who have encouraged my sons to learn the trade they are temporarily employed...before choosing the degree of their passion and aptitude...I have not conformed to the norm after learning from Kiyosaki, T. Harv Eker, Jack Canfield, Thomas Stanley, Anthony Robbins...
There’s a reason some are rich and most aren’t. The financial world is almost like a success filter. Those with certain qualities can continue to move forward. While other get stuck at some point. These qualities are obtainable by everyone, but the majority will not change/adapt. Some people will not have intense motivation, perseverance, focus, or desire to learn. Therefore they will be stuck at a certain point in the filtration system of success. It takes patience and consistent action.
When you say that these qualities are attainable by everyone, you seem to be saying that we could have a society where everybody was rich, and nobody worked for a paycheck. In this society, who would provide the basic services needed to survive?
@@inotterwords6115 I believe that 500 years or perhaps much sooner from now, nobody will have to attain anything (if they don't want to). Everything will be provided at no cost. AI programs will literally figure out how to control matter and energy to the point where it can be manipulated into whatever is needed.
There were a lot of problems in my life and I went to a Christian Retreat Centre for a retreat and really after a few days God showed me this book Rich Dad Poor Dad and it logically explained what I had always felt. Actually the world has to thank Mr Kiyosaki for writing this book. He puts everything into brutal ,hard perspective
Am way far away from your better world. But Rich Dad Poor Dad has changed my life for sure. Robert may have been exagrating some things but he has done his fare share to tell the truth.
My 1st paycheck was 4.5k for a few months out of high school now i makes over 150k a year at age, working on my retirement at age 52 in 4 years. I have 5 different ways to bring in income and still working on advancing different ways. Lol and i am a college dropout i don't have 401 ,457 or IRA and i only work 40 hours a week.
John Foster I’m a high school drop out. School seemed so full of shit for me. All I saw were people pretending to know stuff to not seems dumb. They say I know or yes to everything. But reality they have no clue. School weeds out people incapable of being sheep. Schools only award people that gets good grades and conforms to the system. I like financials. The money game. Non of what I know was ever taught in school. I like buying business with my money. I don’t buy new cars. I buy used cars that I don’t lose much money on. I love buying property. I loved being a sales person and I love making my money work for me instead of working for money. Don’t have a set salary I don’t make 150k a year but my net worth goes up pretty steadily yearly and I spend the profit I make from my properties and business into more houses more and gold. I love gold.
Not going to lie and keep it real. I work a window washing gig right now, but I study and I am learning about money so I can make it work for me. I save most my paycheck after bills but i am going to start looking into buying properties. Im young but time waits for no man @@youtubecomments5951
I listen to Kyosaki like 10 years ago and cause of him I started my own cleaning business and purchased 2 multi family rentals. No lie. He drops knowledge that’s so important it literally gets you out of the rat race. Just have to start small.
He isn't teaching anything here. All this video is saying is basically "get a lump of money, start a business". Ha, no sht! Who wouldn't want to start a business and earn a gazillion dollars? Reality is not everyone is lucky enough to start a successful business, those who tried, I am willing to say majority of them fail, and owe a tonne of debt, (we have family friends who started a restaurant business only to end up with a failed business and a $100,000 loss). If it was that easy everyone would be a millionaire by now. Get out of the rat race you say? LMAO! Going into business, trying to accumulate more money than others and looking down/mocking people who work a job as shown in this video, is the very definition of the rat race. As others have said, the day you die, how much of your money can you take with you?
Nice!!! Started my own cleaning business aswell!!! I realized doing so would make me more money than actually having a career , so I left my dental assisting position and started doing my own thing, if I want a raise I just simply look for another office to provide my service too and bam!! There it is..... I hope to be extremely successful by the time I am 30, turning 25 in a few days and I couldn't be more happy to be doing my own thing....
章ウ一 and that’s why your broke ! Failure is okay . I love failure . It helps me learn . I’ll fail a hundred just so I can get out of the rat race so shut your broke asss up please . You have the mentality of a poor person
You did it because you did work hard and did learn how to be money savy. Not because someone did teach you something you could not learn on your own. He may have points that make you think, but you are the one that put the work in; unless you win the lottery.
"Understand what your passion is and find out someone who could pay you for doing that". I do my Entrepreneur ship this way. And by this way I never work for money. I work for my passion and that makes me money, which then works for me.
I already analysed this man and the end game is = entrepreneurship. And Robert said if you don't love it, you won't take care of it. Buy assets that correlate with your passion. Monetise your passion, by so doing you become an entrepreneur. That's my problem, I can't seem to find that thing, I would be happy doing in the next 20, 30, 50 years.
there is good debt and bad debt. Example: credit card debt is horribly bad. Real estate debt is good debt as you are leveraging your increased spending power to acquire assets that cashflow and make you money
If I understand it correctly. Kiosaki uses debt to buy thing that pay the minimum payments on those debts plus some. The logic is that at some point you will owe so much, that it would be terrible for the bank to call for your debts to be paid, as they simply wouldn’t get nearly enough to make it worth their while.
I work for a state agency and work with people who have had the same job for 20 plus years. They walk around like zombies some of them have the age to retire and years in the state but they can't because they can't afford too. All of them talk about saving your sick time and vacation time for when they retire...so im like you are spending most of your life planning for old age?? How exactly is this living. The glorify over working yourself staying late everyday with no extra pay. It hit me like a tone of bricks a few weeks ago that I did not want to be these people. I am currently investing in rental properties. Me and my partner have a few so far, and it's going very well. I cant wait for the moment I hand them my resignation...I am beyond excited to be able to do what I love and get paid for it. 😊
So privileged to have access to this. I've studied U Robert, and you been preaching the same thing for 30 years! Thank U for being so authentic and a real educator
@@tayya7371 Sure. I tried working for a living, and found there's no real money in it. I served a trade apprenticeship and worked my arse off, only being able to save money because I was a bum that lived at home with his parents. Buying a tiny home of my own would have meant: 1)No savings, because everything has to go into the house. 2)No anything else either, because being a slave to a job AND a house means you're either working or fixing/maintaining the house. 3)Fuck that. Now, I'm an unemployed bum living at home with his parents at 43 y.o., and at least I don't have to work like a dog to have nothing like my parents did. Most people will never do much of anything other than flog themselves very hard just to survive and reproduce. Working my rear end off until I die just for that has zero appeal for me, but it's so normal that it's just what everyone does, and the cycle repeats indefinitely generation after generation.
offspring we are same ages. l didn t have education so l studied at a college when l was 30 but l realized that l didn't wanna work 50 hours per week or have a job of 9 to 5. that's not me . so l continue serving and working the hours l wanted and last 2 years l have been going to a college full time that l can have skill to heal people naturally ;acupuncture, bio energy ,sacrocranial therapy . all this tools in my hand will allow me to travel and live wherever l want meanwhile the condo that l bought 11 years ago doubled the price and now when my school finishes l would like to sell my place and retire when l am still young . So l managed to work ,invest and have fun in life ! that s doable .
Well a thing you can do is come up with a relatively low cost asset to buy, use the money from that to help buy another, and gradually just go up the chain
One thought is to buy the dip and then wait to break even, another thought is: Will buying low during a recession work if I'm retiring in the next 3years, I'm no way near prepared for retirement and I just need strategies to scale up to atleast 2million by the time I'm set to retire
it all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@Dan Brooks Big Credits to 'Christine Jane Mclean she 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.
Hey everyone, if you’re here, you’re probably curious and want to change your life for the better, to achieve the freedom we want. I would like to take the time to thank you, Robert, for making this information available for the people who need this guidance. We genuinely appreciate your contribution because you’re helping us make small but meaningful changes to our lives. Thank you♥️
I read your book when in college, thanks for insert new insight on my mind. My teachers and parents never teach me about how to be rich, they only taught me how to get a job. Hope you have a long life Mr Kiyosaki.
I can say that the only way "getting a job is for losers" is if they don't invest in themselves. If I was to work for someone else I'll just invest my money and start my own thing. Not everyone is born into a wealthy family or have connects like that.
I have a question. Please correct me if I'm wrong, so what Mr Robert is saying is that if you get a job you work to learn the skills not neccessarily for money? And secondly with the paycheck you earn, ensure that you invest it in order to multiply it and build assets until you get to a point of earning more from your assets and not being dependant on your paycheck? Is that correct or...?
It's amazing how on one end of the spectrum you have Dave Ramsey "debt is bad :(" then on the other end you have Robert Kiyosaki " debt is good:)" I would like to see them face off with each other.
There are two kinds of debt: good debt (example: taking a student loan to become a doctor or a loan to start a business) and bad debt (example: buying an appliance with a credit card). Mr. Kiyosaki encourages good debt; others likely discourage bad debt (I haven't read or seen them). I don't see any contradiction here.
@@shepherdwarrior777I didn't say 'get a degree in History with a big student loan'. Neither did I say 'Mr. Kiyosaki encourages credit card debt' (I mentioned credit card as an example for bad debt, not good debt). It is possible to fail even with a good debt (say, a medical student on student loan takes school as a place for great fun and fails to become a doctor; that is not the fault of the loan). Perhaps Ramsey didn't manage the investment properly (I don't know). Please strengthen your reading comprehension and logical thinking before attempting to ridicule others.
He got into commodities with a good job during a time when the cost of living was more commensurate with income. He had two diametrically opposite role models. He now depends on land, labor and capital to make money, he has income from commodities and real estate, and he depends on the losers to keep going. He doesn't worry about anyone being too offended, as not everyone will take his advice. If everyone did, the economy would be all entrepreneurs and no skilled laborers or tenants. His employee has parents who teach her about real estate, so she's not working from scratch. And she doesn't seem to come across as anything other than obsequious. Depressing video, but at this time in economic history, accurate. He doesn't do much other than shift money around, though, it seems. If he diversified his perspective instead of his portfolio maybe he'd be a little less arrogant. Money isn't enough--empathy would be good, too.
It was the same where I grew up. There was a part of our income going to our own pension paycheck, and a part of it - to the government. When I was getting my degree, they pushed a law that took everything from a working person's pension to the government budget. So decades later we all, middle, poor, smart, stupid, criminal, law abiding, etc - we all would get the same pennies called pension. I knew that this was BS, there's no point investing more of my own money to my pension since they already took a part of it. I knew I could never live on my pension. But until I learned about Robert's books and ways of life, I never thought what I would do. Probably, work my back to death. But now I have a clearer view, so I really am glad that I've found him.
I've been fired before and lost everything twice! Racked up way more debt than I ever thought I would. I went to college, got a job and lost everything! The system is rigged, Thank you for this
Someone who works hard is always seen as a good citizen. The rich and powerfull love this message because people like him make them richer every day. I believe in a society that working is something volunteer and made with love. No human being in a civilized world should be forced to do something he hates just to survive. Working should make our life and others better no only a few
It WAS true for my parents -- in the 1940s and 50s. You could work hard, buy homes without 30 year loans, and rise in the ranks. That era is long gone for most people.
Not a good citizen, just a good person in general. And I really don't know how you think a society where work is optional can possibly sustain itself 😄
@@Hatrimn i know some rural communities that thrive doing what they love and sharing their goods and/or skills. western model is not the only one available.
I think the slight of hand here is interpreting "the rich dont work for money" to mean "the rich dont work." You need to work and you need money. You just need to work in pursuit of a different goal than money, or understand, while youre working your 9 to 5 or whatever, that it's ONE component of wealth, but not the way to wealth. Working a 9 to 5 and expecting to get rich is like going to a supermarket and expecting the ingredients to be the meal. You need to go to the supermarket for the food, but you also need to make the meal. I think the analogy is a lot of people who work a 9 to 5 treat it like buying a premade meal at the supermarket, when buying ingredients and preparing them can make you a lot more food for cheaper. You still have to shop at the supermarket. You still need a job.
You need a job but eventually if you treat your money right and use money to make money then you can quit your typical 9 to 5 job and use the money you have earned to constantly build more money
Well Said Mr.Robert Sir salute and respect your Teachings most of us have created a mindset to work go for a Job and earn money but the question is I get a fear of doing or jumping in another business whether will it succeed or not Fear of failure The other thing in order to start a business the first option comes in mind as a Money should be their in order to start a business why we have always that option to think on it Why their is not an another option to do a business and earn a lot of money ? How to get rid of fear of failure How one should think to sit ideal and Think of business ? Will their be any Answers to this questions please reply to me Thanks
He never explains how to "use debt" to create cash flow. How do you aquire the things on his cash flow list if you have no money, cannot qualify for loans, are currently unemployed, etc.?
That's the same thing I said!!! tell me how to do it..... If I go to the bank and I have debt... they're not going to give me anything not even $300 to start a very small business...... nothing!
Volkan Gaming what type? and how did you save up your money? I’m currently 16 trying to make my own. Do you have email, instagram that I can contact you on please?
Investing in the stock market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.
The decision to invest is an acknowledgement that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
Leaving it in investments rather than my bank accounts is one decision I’ll never regret, over the years I’ve accumulated tons of wealth from proper investments in Bitcoin, non-fungible tokens (NFTs) and stocks. Currently I plan on maximizing my gains and growing my portfolio even bigger
Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
Vivian Klaine Morgan, she is an expert who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.
For all those watching this video, I'd advice you to have a job, make some money and then invest that money in assets like real estate, etc. You can now use the interest from the asset and invest that in another asset.
They say the Rich and Poor dad are both fictional. They say that someone who had the resources that Rich Dad had would be easy to spot in Hawaii, especially at the time Robert is saying that he operated. It's a great illustration though.
In my honest opinion, working for money is not bad but it's a very limited way of gaining income. That's why it's just as important to have money work for you.
Even if you are an entrepreneur it's a job! You are still working for others, unless you create a product that generates enough money (passive income), so that you don't have to work! Also, many people enjoy working to give them some sense of purpose!
If you’re business can’t run without you, you don’t have a business, you have a high paying job. Sure people work for purpose but then the motivation isn’t money, is it?
The difference is that as an entrepreneur you create wealth and that s your motivation. When you just get a "job", that is a fixed salary every months, you just work to consume. This is what the school system is all about. Creating consumers.
Hahaha yeah... Unless you are born in America 60-70 years ago trolololol... Then you can get rich easily, then make money telling everyone they're a loser because they can't do the same. Good times.
how about you start saving instead of spending it on useless things that you dont need like sneakers. Took me 2 years of saving just to get 15k to use as a down payment for a investment property. If i can do it, you can do it to
I would love to see a video of what people that come into money all of a sudden should do. I see a lot of stories of people that win the lottery going back to worse than they had before.
Depends but cashflow assets some paper that give you dividends if you get 10ms I would say invest 500k-1m to get 50k-100k passive income for drip of to live off and buy luxury house for 2.5ms have 1m cash and put 200k down 5xs for rental properties with each 1 years off fund for each rental property to cover the bills and repairs than it’s a matter off if you want to manage or hire people to manage and can relax and let your wealth pay you but it’s how rich you want to Live after that
6 років тому+36
If nobody was willing to work in a job then there would be no big businesses with thousands of employees? If everybody was an entrepreneur who would collect the garbage from outside his house, wash his car and build the computer he is using to be the entrepreneur? Does Mr. Kiyosaki have employees in his business. I like to work for a boss that thinks I am loser. Gives me a great feeling of being appreciated.
@ I don't know, but I decided that I make my own, because if we know it's so good, why won't we share it as a service? Greedy? Selfish? This course (I downloaded on VMWare to make sure it is safe): freecoursesite.com/1-artificial-intelligence-reinforcement-learning-in-python/ I'm currently making a A.I. that learns how to play chess based on previous experiences. It uses "reinforcement learning" Reinforcement learning has a goal, and will do anything to achieve it. The best way I found out, is to have exponentially less % chance of exploring a new method, not sticking with a new one. The longer it succeeds, the smaller and smaller the % of exploration. If you won 10 Olympic gold medals in a row, would you change your strategy? Oh hell no. But if you lose a Olympic event, you study what you did wrong, calculate the most likely cause, and change that. If that doesn't work, then the second most likely cause, and repeat that forever.
@2niner71 It's not the 'job' itself, that Kiyosaki's attacking... it's the 'job mentality' of working for your money (instead of your money working for you) that he's speaking to. He eludes to this a couple of times in the video. The main idea to take from this video is to not be a slave to a paycheck. You can have a job... but set up, and own, assets that produce passive income for you, so you're not fazed if you lose the income from that job. You'll have more freedom and less stress that way. You won't be a slave to the paycheck. For some people that may be enough... others will run with it and continue to grow businesses from there, and won't need or want a job (entrepreneurs). Everyone should have at least one passive income source on the side. Our society doesn't teach us that. But in general, that's all he's really saying. Don't be a slave to money. Start small and let money work for you.
only a few people have this mindset- i know this because i talk to my friends about entrepreneurship and not working for the man and they look at me like i'm crazy. they're comfortable living in their 9-5 and that's fine. for them.
Hello, I'm new to Bitcoin trade and I've been making huge losses but recently i see a lot of people earning from it Please can someone tell me what to do?
![Fake Money Is Making You Poorer! Why Savers are LOSERS - Robert Kiyosaki [ Millennial Money ]](http://i.ytimg.com/vi/yR0B8Y31CIk/mqdefault.jpg)
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Mr. Kiyosaki, because of you I was able to "retire" and get out of the rat race by 27 years old. And here you are a decade later still dropping knowledge.
Having undergraduate degrees in engineering and business, along with an MBA, I was somewhat set in terms of a career. But it was a miserable existence even though I was paid well. I then set out down the lonely road of escaping the "grind."
I now live mortgage free, surf, travel the world and spend my days coaching and building new things, yet my friends and peers look at me as the odd duckling. It's a strange, yet beautiful life. The thing I love most is I can't remember the last time I had to wake up using an alarm other than catching an early flight to Costa Rica or something.
Your most valuable lesson to me was defining assets. Only an asset will generate you income, anything else is a liability.
Thank you for writing your books and help shifting my young mind.
The 24K Life Nigga stop lyinggggg lol ur funny
Scammer.
Your always working for money and you are always an employee to either a boss or the public.
GJ Bro Happy for ya lol ya its all leveraging assets
Hmmm, a lot of effort by me to try and lie to people I've never met...
go to school get a job, get married have children. tell your children to follow thesame scenario. circle of unhappy people and misery never ends.
James Earnest harsh but TRUE 😢😢😢
Sharon Taylor u right little bit harsh. but truth is harsh. that's why nobody wants to hear it.
sounds like me. But I live a wonderful life. Have fun being lonely the rest of your life.
Truth
Im married and have children and happy with it. What you say?
You think money will make you happy? When you will be near your death.. you will realise that money race was useless
1."Rules are always written for the rich...."
2."Employees pay the tax...."
This lines were literally awesome.....💯💯
not for rich people in general only for rich people that own the economy which are the families we all known
Awesome? How about morally corrupt?
Also, “this lines” ?? I’m guessing you didn’t go to school because that’s for losers too… right?
I meant to say that rich (business man ) people can reduce their taxes but employee can't..
Need Financial Freedom? Inbox me now for correct details on how you can make $3000 with as little as $300 weekly I will show you
Very insightful video. I've read all Mr. Kiyosaki's book. I've implemented some of the strategies from his teachings and even to the point where I was involved in every cashflow quadrant and I do agree that relying on a job alone is not going to help you financially. However, being employed while learning the other quadrants at the same time gave me a deeper insight in how the cashflow quadrant worked for me. I went back to university at a mature age and took the valuable knowledge I gained from Mr. Kiyosaki and took it to the next level. I learnt about debt management, debt financing and equity financing. I also learnt about the principles of finance, financial ratios, and accounting for business decision making, something that you will never learn from Mr. Kiyosaki's books and seminars. Knowledge is power and that indeed is true. Thankyou for the books and wealth wisdom Mr. Kiyosaki.
why go to school and learn nothing about money. true words
Because money is common sense and you're a real idiot if you have to be taught about it. You go to school to gain knowledge you can't get on your own, money isn't one of those things.
I didn't go to school past 9th grade and I'm retired. I watch these videos for inspiration to make more money. So, no, you don't need school unless you're just a total follower and need someone to tell you how to think. And one last thing. I was retired by 33 years old.
@@ashleyashleym2969 Money is the most important thing any of us could learn about. It is a part of our every day life and it totally influences weather we have a good life or not. Money should have its own lesson period in schools and education should be learned because it's healthy for our minds to grow in the same way it's important to keep our bodies fit.... But lets get real here education is a total waste of time, unless you want a traditional type job "doctor" 'Lawyer' ''Banker' etc.... But since when was a great education vital for the guy who is much more skilled with his hands and imagination than his acedemic abilities, the answer is that it's not vital and all it does it direct him/her away from their talents. All we are told is that we 'must' get good grades in order to get a good 'job' the trouble is that when the guy who is not so acedemic minded gets bad grades he has now been conditioned to think that he is useless! It's a terrible fucking system and all it serves is keeping us right where we don't want to be..... Slogging our guts on the 9 - 5 train for the next 60 years!!
where are parents??
school doesnt teach life and self-development which is foundation to be success
Who is here without a job and no money, don’t worry everything will be ok🙂🙃🙂
It's not Okay, if can't get a way to make money 😂
Brokeasfuck
@paulbrown357 nigga wtf
No.
I never had a job before after graduating from high school while 17 and even now while 28 and live off something as SSI, I rather being living $10,000 in Paypal in Passive Income from affiliate marketing which is 10 million times more better than me living off SSI "benefits" from the baka (Japanese for stupid) government which I hate doing by the way my life would be better if I was already a successful online affiliate marketer making 10K Paypal in Passive Income and living financially free and having time freedom as it is supposed to be.
1:49
Robert: "work for idiots like me.."
Girl: "Exactly.."
What a cracy and scary moment.
😂
And she works for him😅
Her Golden opportunity... 😂😂😂
Her: "exactly! Lol"
Him: lol
Her: lol
.....
Him: "YOU'RE FIRED!"
I will forever acknowledge this channel with the help of your lessons and ideas explanations, Now It's quite helpful while you'll just sit at your comfort and monitor your account Growth
The wisest thing that should be on everyone's mind currently should be to invest in different stream of income that doesn't depend on the government especially with this current economic crisis around the world
@Johnny Garry Okay, can share some business ideas like
1.Crypto
2. Stocks
3.Shares
@Emilia Scarlett It's not ignorance but unprofessional broker in the market....
Then i will like to introduce you to expert Mrs Shirley, she's the best I have been working with her for months now feeling awesome working with her
It's obviously awesome i invested $3000 and she made profits of $31,550 just in a few days
“You work for idiots like me”
“Exactly”
Awkwardddddddd
😁😁
👌👌👌👌
Damn! I felt that 😂
Lolll
Well getting a job should be a stepping stone to some but dont end there. Keep improving yourself!
Jay jay moral of the story basically
This comment is what i was looking for, a job should have just for gaining funds to open your bussines
It astonishes me how some of the people I know where I work at have been working there for years and years when I’ve already started creating income off my wealth in 3 weeks spent months learning to day trade forex and it’s just now starting to pay off
@@liyahlang4909 I actually agree with this there's nothing wrong with a normal job but the problem is that people stop evolving and stop working towards their dreams and get too comfortable.
But someone does have to do these jobs even if they don't make a career out of it. Imagine if no one would work at a factory or no one wanted to work for a roofer.
The "Rich Dad Poor Dad" book changed my life and still is. Quit drinking and smoking, quit my dayjob after I saved enough money while started my own design agency of my own and business with my wife too. Having a clear goal helps a lot and not working for money is the best way to go!
Omg I'm so happy for you!❤😩
Congratulations mate. Glad to hear things have gone so well for you.
Drinking is fun though
Whats your sutuation looks right now
Update?
i am 25
i will help myself
work for my self
open my own business
i am 27
i will help myself
work for myself
and is going to open my business this next couple of weeks
good luck Eduardo! i wish you luck friend, there are others like me and you are out there
@@Spiffy35 👌
But howww
@@sergiuboldut9201 by not drinking or smoking weed or cigarettes and using their hard earned slave wages to invest in the ability to borrow out a large amount of money they are confident they can pay back in a realistic period of time, then once theyre paid off theyre rolling like steam
@@Alex-xg9xt i dont smoke or drink i am 19
If you study all our culture, they are built on employment. Employment destroys your gift and talents, it stops you even from thinking about it. We have been damaged greatly by our educational systems because they have actually been conditioning us to believe that we are only here to find a job pay some bills and die. I promise you you'll never find your
gift in education so make a note of this, a gift can never be learned it can only be refined. NOW WAKE UP PEOPLE!
Let's make it simple: we are alive so we need resources, resources cost money, unless you live in Alaska and get everything from nature.
To get resources and services you need money; because other people spent time and resources to make a service or collect and process resources.
To get money you need a job; that's all. You go to school to learn things that make you more useful for a company, which in return, pay you more money. You can avoid to go to school and learn on your own; although for certain jobs (doctors, lawyers and few others), you will have hard time finding a job without a degree.
So the tL:DR is that the educational system exist to give people the chance to learn and prove that they learned. It does not teach you how to make money; that is up to you.
@@neelz323 It's always about the money but not being miserable trying to make working for someone else.
Thanks entirely correct
@@neelz323 Thats right money comes always from somewhere :P. Even if people decline that fact
There is an employement for every gift or talent. And school systems, although not perfect, encourages it and try to provide tools and further knowledge necessary.
Losers need to stop blaming school for not having any talent in life. You know what kind of talents schools don't encourage? The ones that add no value to society. Is that your talent the school took away from you?
“You want a job for experience, not to be slave to money your whole life,”- Roberty Kiyosaki
The goal of a successful trader is to make the best trades. Most times when you're not knowledgeable about it, you tend to lose money. No one losses with a good and right strategy, a strategy could only be referred to as "good" if it's consistently winning trades. You can make great profits fast but you can lose them even faster. Be guided. I would recommend you to the best account manager Sir Adams who has taught me all this. I'm so happy now. Now I make consistent profits.
He is available on WhatsAp p
@@charlottedale1111 you're a bot
Experience to be used, abused, their dog, NEXT!
agree...
The amount of time we spend believing we can't is more than enough time to learn how you can.
- my Brain
Thanks for the update
I we recommend anyone in need of a reliable broker to make money, Mrs Stacy Griffin has been the one trading for me
I'm shocked someone just mentioned and recommended Mrs Stacy Griffin, all thought she's a nice woman
I thought I'm the only one that know her, I have lost huge amount of money trying to trade on my own, also got scammed before but today expert Stacy Griffin has helped me recovered all the losses
Hello anyone there?
'The World has changed but our school system has not changed" ...profound
They are trying only from donations from the enlightened not our government or voters 🤔
How is that profound? It's just a fact.
Our world is more full of the biggest mafia ever and the schools are, too. The schools are catering to these corporations. The military industrial complex kills more people now than ever. They spread more chemicals around the world now. And I found youtubes about Fukushima being bombed by HAARP, which is spreading radiation all around the world constantly, on purpose. Of course, Nagasaki and Hiroshima were on purpose, too.
Leuren Moret speaks in youtubes about Fukushima being an extinction level event that she talks a lot about. There are people that have been working on the depopulation agenda for many years.
People still believe in death and germs and enemies. The school system teaches evolution which is a lie, proven by quantum physics. The world has changed, but in many ways it has not. More borders are going up. Stricter rules. Corporations have bought the schools. People are saying the corporations have taken over the government. This is fascism. JFK warned us of this ruthless and monolithic conspiracy that kills and maims those that talk.
Fuck the government
Sentient being he’s right. Fuck off
I don't understand how entrepreneurs can say getting a job is for losers when many of them rely on employees to make their business successful.
Taylor Simpson Ironic, isn't it?
agreed, I spent $5000 for his coaching program in2016, it proved as complete waste my money, and I can not make a successful comsumer complaint against this business, because they can claim that it is your fault for not being a good student... I knew my money went to his passive income so he can buy more property, a true jack ass.
Andrew L Can you share your purchased product online with the masses? And then critique on why it's bullshit? Lol
Andrew L 😆😆😂
Taylor Simpson I’ll never understand that neither. He says jobs are for losers yet the girl in the video works for him. He’s basically calling that girl a loser
If you don't have dreams and aspirations, then you'll end up working really hard for someone who does.
Maybe it is your aspiration to support others with the same aspirations as you. For example, many universities are technically charities... The money they make goes to the university itself to provide better and better education.
nkorppi umm no. A school is for profit.
@@youtubecomments5951 UK universities do not make a profit. Any income they receive is spent on day-to-day activities, or reinvested for the future. Unfortunately the televangelist that this man is gives an utterly false and scam - worthy worldview. This isn't what we aspire to be, ruthless exploiters/winners, bankruptcy be damned. It's a fever dream sold by a "used car salesman".
nkorppi ohh. I’m talking about America. There is nothing free here. Not even freedom. It Isn’t the best country in the worlds as the brain washed educated people think it is. School is for profit. Medical is for profit. Just letting people of the world know. America doesn’t have “free school”. Even places that claim non profit is bullshit. Cause the person that does non profit pays themselves high ass salaries and bonuses so the company technically can be called non profit to trick the people thinking they are donating to a good cause.
nkorppi but anyway isn’t this guy an American?
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
The “A” students work for the “C” students.
lol no
That's your justification for being mediocre at school
@@raspberryPi1337 there is no justification for being mediocre at school... school is invalid once you learn how to read or write UNLESS you know exactly that you've fallen in love with the subject at hand, otherwise it's useless. Good grades aren't everything
Jose Linares why that is such a difficult concept for people is confusing for me.
@@roninjolin7687 LOL other than reading, writing, and some basic math and science... I haven't used a SINGLE thing from school lol
I feel like people overestimate success too often. Success comes Easily to those who seek it.. and are willing to work hard, and work smart for it.. the resources are always readily available.. no matter where you are.. or what you do in life. I am thankful to have read your book at a young age (15) I Began investing months ago (18) and now am on the road to getting my dream business certified.. I grew up very poor, Literally Dirt Poor.. my shoes would always have mud on them.. I had to wear my mud shoes out to drive my car, and change into nice shoes every time I went to a meeting, or an event. Though many of my accomplishments may seem small to others, they are milestones for me and I am always willing to go the extra mile to accomplish my goals.... Every day I make it an effort to...
1- Learn Something New
2- Say something positive
3- Make an impact on myself, and others... even if it is a very small impact.
The only reason YOU are not successful today.. is because you choose not to be successful.. that goes for anything in your work, your life, family.. or whatever it is you are passionate about. Success is up to You and You Only!
Tech49 what did u invest in?
himself
Thank you for the post, and if it means something from a stranger- wish you the best in life.
Please shut up you made some money you didnt cure cancer or anything
You seem to be very offended by my comment, for reasons unknown to me.
Let's ALL BE REAL HERE .. I've learned more from this 16 min video than I've ever did in school
That's cause USA school system sucks
Then my friend, I suggest you watch this animated video. It will bring you out of the Matrix.
ua-cam.com/video/mII9NZ8MMVM/v-deo.html
Facts bro.
Did you use it though ? What did you really learn ?
If you really learnt anything of actual use, you’d be working towards these goals!
But you aren’t, are you josh ? Cause you know it’s too damn risky
Will Baldwin Don't belittle Joshua.How do you know he's not working toward his goals?.He might be making moves RIGHT NOW.He's probably smarter than you.Don't ever presume to know anyone.You are no better than he is.
Once you discover you can make $1,000+ from dividends each month without having to go to work, your view towards life changes drastically
Once you discover passive income from any source (dividends, interest, staking, etc.) it all changes!
@@kimyoung8414 very true! I started investing in 2016 and that same year I pulled a profit of about[$300,000] 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
@@erichkraetz2622 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
@@checkforme234 My advisor is 'INGRID CECILIA RAAD'' 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.
So you are making $12k a year before taxes without working
Antozent- they are selling around 250 self help books for the price of one (you’re welcome)
Theres no such thing as self help. You did it yourself? You didnt need help. Why would you read a book written by somebody else? Thats not self help....thats help.
He: work for idiots like me.
She: exactly! exactly!
He: (unhappy and confusing facial expression.)
Me: lmao, this is gold.
Popopo Po 🤣🤣
this video is complete bullshit, a lot of talk no substance, look up the author online he is a shitty guy
Hello
@@davidjones-wy3ln kinda agree. There is no way for everyone to be rich. why? cauze you gotta have the poor so that you can become rich. This is capitalism 101... or simply read Das Kapital.
@@ALEX-hu6ll Darling, everybody has the potential to be rich. The point is that almost nobody, only very few has to ability to achieve their potential.
I didn’t got to a university or college. I went to CDL school and got my class A Driving license, and I get paid well. All I paid for school was 6000$, I make that every month. But I still listen to this genius because of his knowledge in investing. My next goal is getting a fleet of trucks to work for me so I can sleep while I make money. Robert helped me create this mindset though. 😁😁
@HM Fitness no..wtf man....but if you save for your own truck...you can buy another truck and another truck... But to get there you need to work alot..and than you can move money to other investments.... Than perhaps you could be a milioner...but on your way there you will need to work alot,..!!!!.. but you could in some short time become free
how do you make 6000$ per month how many trucks do you have and how many miles do they drive?
Well, not everyone can handle the truck lifestyle. It is not easy as it might look.
Mack the Trucker Well said man. Wishing you the best on your endeavor.
oinkpiggin What's hard about it?
Teachers: "Money is a bad thing." My Question. "If money is such a bad thing then why does it cost 100 grand just to go to college?
Moneys bad mmkay
Debt
dude your comment is so underrated XD ......
Get the hell away from anyone who tells you that money is a bad thing. Rather sooner than later.
Hello
In my opinion, after reading the rich dad and poor dad, our government wants us for the age of 20-48. And that's the crucial time when we can change generations. Thanks Mr.Kiyosaki for changing the view of financial education.
Why 20 to 48?
@@blacklyfe5543Young and productive
The real problem is not that school doesn't teach you nothing about money, the real problem is that school teaches you wrong things about money
because they don't know anything about it. I mean teachers don't even put practice into what they teach but they teach us as students, there was one time my business teacher told me that her house that she lives in is an asset!
I remember it was 1999 and I was in 11th grade English class talking to one of my classmates when the teacher called me out. "Are you listening to a word I have said?" I answered "No" She asked "why not?" I said "I have taken English every years since 1st grade, you either don't have anything new to teach me or I am not going to get it." She said "well, you might want to". Then I asked "why so I can get good grades, get into a good college and get a good job like you?" She answered "yes". I said "a college education cost about $16,000 a year right now, with four years of college that puts a degree at $64,000, a teacher starts out at $21,000!" Then I said "and that's why I will never take financial advice from you!"
Or the capitalism that exploits u after u leave school.
@@miyabe_k195 if you think about capitalism, socialism, or others, well, remember that the school taught them.
A successful man knows that they are not important, and he doesn't think that something like that can obstacle his road.
Calcio & Calcio Basically you shouldn’t go to school
I'm an Accountant. After working for a company and seeing how many multiples the owners make (between $400k to $600k annually) compared to everyone else ($60k avg annually) convinced me to start my own business. It would be ridiculous for me not to. The owners aren't smarter than everyone else, just will to step out of the comfort zone.
You still need capital to start your own business, which means you still have to come cap in hand to a bank and hope they give you a rate to borrow that isn't going to completely bend you over. Fail that and you have to prep some kind of investment consortium - good luck with that if you're a nobody.
Also, they're not just going to lend you huge amounts of money at no risk, you need collateral to put up.
Even being a business start up, you're at a disadvantage compared to those who are already at the top.
And then just look how quickly you could be taken out by something like COVID lockdowns. I imagine those that just managed to break even after their first year, or just started turning over a profit in year 2, got completely derailed.
You need connections and many who made it probably did things not exactly according to the book. No internet guru is going to tell you that side of things.
@@Longlostpuss l
Lol im an accountant too. You're dreaming if you think small biz owners make 500k a year. You'd make that as partner of a cpa firm tho
@@cjnv48 Guess he was just looking at their Salarys and not the bonuses that are many multiples of the disclosed pay.
@@adipyramidadmal for a small biz owner? Lol wheres this at. You aint opening just any random business and getting rich. Most fail and even the ones that do succeeec it takes a while to get a profit you can pocket. Good luck tho
Don't get married, don't have kids, and don't work for money..... Got it.
VeganMikedizzle Kids are a black hole for money. Paying for daycare is like paying for rent
KMW exactly
werty ytrewq - buddy your commenting on the wrong videos.
What about don't work for money?
VeganMikedizzle explain the last point
You are 100% correct, I’m tired of working paycheck to paycheck and being a slave to the system. I shouldn’t have never taken out student loans and became a registered nurse. I am quitting my low life nursing SLAVE job of 10 years tomorrow and I’m going to buy commodities and open a business, all thanks to your advice! Thank you Robert for opening my eyes to this, I am writing my resignation letter right after I’m done posting this comment. 👍
👍
Former nurse here as well, LVN. Good for you. How's it going now?
Let's do it babe
Congratulations hope it's going well for you
She committed suicide 😢
He speaks the truth. The thing I wanted to say is this, not everyone can or will be an entrepreneur. Some people "have" to work for money in order for people like Robert Kiyosaki to not "work" for money. This tells me that rich people need people to go to college and get a job because it keeps them rich. If everyone worked for themselves without any employees, no one would be rich at all. It'll be like bartering from each other. You have spices, I have clothes, let's trade. My question is, how can we as a society change this social structure to where we all can benefit? I would say getting away from greed would be the first step, but we all know us humans will never let that happen lol.
I agree. Well said. GREED is an incurable disease. Poverty exist because of greed.
@@i0li0il0i Wow well said. Thanx. You taught me.
The universe provides enough for EVERY MANS NEED just not for EVERY MANS GREED! This is the most articulate, sincere, insightful and humane response mi have read on youtube in a LOOOOOOOONG TIME!...Mi personally ahn it would neva happen here, mi wish USA was more like a socialistic government. Look mi know the BILL GATES, OPRAHS, ZUCKENBERGS, PRINCE ALAWEED, - Mi know a lot of celebrities, entertainers have worked hard for their millions/Billions- Mi just can't fathom why somebody needs that much money ahn a system allowed them to make that much money.... but then yuh have folks eating out of trash cans smh----This why we on earth!:( Just makes no sense to mi!!!
Rispek mon to yuh comment!
@@Italretreat agree
and that's where ignorance in society is an advantage
There is more to life than just paying bills and working 9 to 5, if we have the knowledge of how to create income there would be no need to rely on our monthly checks.
These video is really inspiring.
I work two jobs and it's really had to cope sometimes.
That's so true Kim, but sadly we have to work so life goes on.
Sadly in school we were never thought how to make money only how to work jobs for pay check.
Hello Kim, for someone seeking to have a secondary means of income, what profitable Investments can I hold for a long or short term that can produce good returns on a monthly basis.
He is absolutely right I worked for a government job for 16 years I got sick at work and my employer caught me all the way to court not to pay me my retirement/pension and after five and half years battling in court the judge ruled in there favor and then my attorney dropped me like a bad habit and I was left with nothing, now I’m trying to learn and repair the mistakes I made which is even harder because now I’m older and my health is not as good as it was, wish I would have started when I was younger, however I’m not going to give up
Arnold Richetti keep it strong 💪
Dont give up brother
never give up.
KFC's story in the making. keep moving forward
Dont give up man!!
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.
I’ve heard of her
How can i reach her, if you don't mind me asking?
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
Rich dad :-- I will double your money in 6 months.
Poor dad:--- take my money.
@Erick Volsvik nah, that's what makes them rich.
No, Poor dad is afraid of risks.
Ding!
Hello
Hello,
Most work theirselves to death making others rich.
that's probably called "modern slave mentality"
EXACTLY
most people can't become the CEOs otherwise who will work
I'm one of those ppl, but its about to come to an end.
the system is designed this way. Unionized all businesses so employees get their fair shares.
Like he said you want a job for the experience. Learn the retail learn the customer service learn communication etc. Don't make it a must in your life. Your the creator Chase your Dreams 💯
Thank you
I agree with this but I still dont get how you can make money without getting a job someone please explain to me😓
@Bilal Ibrahim thank you
hiba :3 i disagree with going to the bank, stay out of debt n don’t live a life you cannot afford. don’t get ona payment plan or u gon be stuck trying to pay sometbing off for years .. just save up an invest
@@krazex Go get those loans from the bank but buy assets with it. Back in 2012 I went in debt to buy 3 trucks for $260,000. Now the debt is all paid and I have 6 trucks and all the money I earn is mine.
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 light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success.
@@lilymichie8343 It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $360k from just the past two quarters alone, i have learned why experienced traders makes enormous returns from the seemingly unknown market.
@@johanwahlgren6850 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
Exactly, the trick is to diversify your investment, don't panic when everyone else do and invest consistently.
120k-150k salary a yr not much money? Whelp I make roughly half that and thought I was doing pretty good. Now I just feel like crap
You shouldn't, alot of peoples success comes down to good karma also.
You can choose to feel that way or choose to become empowered by your thoughts and actions. Don't allow what others say, determine how you choose to feel. ❤
It really depends on were you live, i would say anywere but New York or California, that is a good salary
Depends on your "bills" I'm doing fine making 70k a year. I don't want to be rich with money, i want to be rich with family friends community and God above all else.
@@jasonmackaman1617 You'll NEVER amount to nothing!
"GETTING A JOB IS FOR LOSERS" That really slapped me on the face when I be praying to get a job. Ugh! Speechless
LMAO 🤣
I am a loser
When the people he works with find out they're losers...
What if your paycheck $ 1 million a month?
It's just an opinion brother You have the control
She sounds like a programmed robot. Something weird about the presentation here with her and him🤔
gemini2633 remember both of them are never shown in the same video plus the audio is different as well when each speaks. Fishy
she's there to sell the product. you can eaasilly check his wiki and the criticisms surrounding his stuff
She's probably getting a nice bonus on her paycheck for this! 👍
They may not be in the same room. Have you seen them together? May be bad editing.
Bruh frrr thought the same bs
There's a saying: Go into business yourself and you can choose to work whatever 18 hrs. a day you want to work. Now, I get the essence of Kiyosaki is saying but the route he is taking is for certain types of people...mainly type A personalities. Not everybody is like that. Not everyone can handle the ups and downs of a real estate investor type of a career, plus the fact that you are on call 24/7 rather than working a 40 hr. work week and can compartmentalize your life rather than make work your life. I know a few people doing something like what Kiyosaki does and their cell phones are on 24 hrs. a day and they have to be able to shift to crisis mode in an instant. Not everybody can be mentally tough enough and ruthless to deal with bad renters, bad employees, the pressure of crucial business decisions and the ups and downs of investment type income. Many people just want to clock in their 40 hrs. a week and use the rest of their time to destress and do what they want. There's really nothing wrong with putting in your time and retiring with a reasonable retirement rather than working until you die. From what I've seen, Kryosaki type people basically are workaholics who keep pushing until they expire, which is fine if that's what you want to do but not choosing to be the richest man in the cemetery does not make you a loser. Sure it's great to be rich but it's not necessary for true happiness.
This message isn’t for everyone. We’re all on a different journey, but I’m takin notes from my rich dad!
Are you considering getting into real estate?
Ok... you'll see where that journey leads you ;)
Religion any Gawd a Deity that's Un Named . Majority of Prison Population are Arbitrary Ordinary Gahds Believers . with no Name . People who are Slaves to Religion and Forced Control May Never Have Freedom from Religion.. Live your Best Life without Relying on a Sky Daddy ...
@@seemlyme this response was way too long!lmbo
@@seemlyme how long did it take you to write this response....sensible is something you lack. Clearly!
i totally agree with you Robert,. investment is the only way to build up wealth and taking 2 to 3 jobs wont do the trick. I urge someone today to start up an investment no matter how small just start and grow from there, it could be Real Estate, Stocks, Forex or Option. Make Hay While the Sun Shines ...
thanks for shearing 👍
I really admire your thoughts on this, very inspiring
this investments type you mentioned are you currently investing in them or you are just suggesting we invest in them?
@@totallumber3492 Yes i do, i opened a trading account with 70k, investing in forex stocks and option and i make 30% profit biweekly. I also invest in Real Estate,i bought a house in 2013 for 80k and today its worth 110k, there are a lot to invest in you just have to know what you're looking for.
@@martinherbert3039 am a beginner, please can you suggest for me a very good strategy i can use in trading
I live in Africa and it is thanks to Robert that I became my own boss now and not to be exploited by other people or to realize the dream of someone else.
I am so grateful for the information you share.
Thank you, you are awakening the living dead
Now move to America :))
EmeraldGameZ No.
What kind of business do you have??
so are you exploiting people now? hahaha
@@egz3637 why the fuck would anyone want to move to that toxic dump
To help folks understand this lesson, there are 3 different types of income:
1. Earned - from working
2. Capital gains - from selling something
3. Cash flow - from passive income
The reason why Mr. Kiyosaki doesn't invest in paper assets or work for a paycheck is because the first 2 types are taxable. But if you invest in the third type correctly, that is, by using debt, your income is tax free.
Robert: ''120-150k its not much money today ''
Me: I get 6k per year
Time to change
@@BoeingPrototype Time to change what?
@@bastex2649 your underwear
BOOM
U will get more money picking up niggas change lmao
"People who have jobs are losers"
"Come and have a job in my company" lol
Hahah, yeah!
For experience or learning things
Robert only encourages to work at companies so that you can LEARN things from them to take and use yourself but NOT to work for them to be reliant on a paycheck. That is when you "lose"
aahaha bullshit talk
so hes speech is for idiots,, right!
whatelese???
Robert Kiyosaki: You go to school to get a job so you can work for money.
Girl: Exactly.
Robert Kiyosaki: To be a slave for money.
Girl: Exactly.
Robert Kiyosaki: And work for idiots like me.
Girl: Exactly.
Political Spectrum 😂😂😂😂😂😂 pretty accurate there lol shes an airhead
Robert: Gtfo
Girl: Exactly
Political Spectrum what makes it funnier is that she works for him.
Her crazy ass was just talking lol
Bobby: And you gonna have sex with me
Girl: Exactly
Funny thing is I just came across this video same period I met Jessica Marie Gibbs my phone must really be listening to all my conversations
Wow, I'm shocked you mentioned Jessica Marie Gibbs *financials*, she is also my current broker.
@@charlotteadler7374 You don't have to be shocked, Jessica Marie Gibbs as helped so many newbies become millionaires through crypt● trading
@Elizabeth Deere I would recommend you get started with a professional that will trade for you while you get the returns
@Elizabeth Deere I would recommend my current *Jessica Marie Gibbs financials*. She is currently earning a lot for me and
her responses as well
Making use of a profession is the best way to go especially as a beginner who knows little of how crypt● really works.
$100k a year is still a ton of money it depends on who you are and where. I come from an under 10k household. Growing up that would’ve been a massive change of life.
Im in australia, and unless u earn $1000+ a week ots harrrrrd!!!! Considering average rent p/w $600-700.
Steven James Sherebkin I don’t get it. Average rent is 700$ then $100k a year should have you living like a king out there. It would in Miami
Average weekly pay $1000-1250, 700 rent food petrol other i bills, dont know about america but a pack of cigaretts is $35-$50!! Sydney is one of most expensive cities to live in.
Steven James Sherebkin $1000 a week👀 that’s the dream for most Americans especially here in Miami. 700$ rent I’m guessing on a 1bdrm apartment is also the dream. That’s about $4K a month. That’s swimming in it over here lol. 35$ for cigarettes must be import tariffs or something because that’s crazy. Maybe that’s what eats up that 4grand in Sydney
My dad make 100k a year, because he uses his own knowledge and not other people (financial advisors etc..) he's in debt. I'd wouldn't work for 200k, I want to be making 1 million a year. That's my standard and I'll never settle until I reach there.
I listened to Robert I now live under the freeway, spare some change please
Jesse Costa lmao
Sorry hear that. Just one?, how are you sending out your reply? ...
Stephen Turner I charge my phone at Seven Eleven behind the ATM machine bro use you head
Damn
What, how did it happened?
Everything he has thought there I learned in University. The only thing is that most students are so focused on getting a job and applying the knowledge they just acquired in someone else's business instead of really thinking about how to apply all this knowledge to their own life.
Secondly, you need CAPITAL and quite often if you don't have it from your parents, you NEED to work to ever get any Capital.
Lastly, phrases like "let your assets work for you" are completely wrong, your assets don't "work" for you or make you money, your employees are the ones doing that for you using your assets.
It's okay to be an employee, just think of yourself as a business of one and know your value. Also make sure you unionize so you can exert enough political pressure so the rules can be designed for you instead of always for the rich as he himself recognizes.
Absolutely.
💯👍
@IHaveSwatches you realize what market investments are, right? Stocks means you're buying into a company, and how does that company make money? You guest it right, the company's employees perform value adding activities using the capital you invested in it by buying stocks. Every business requires at least one employee, so even if you invest in real estate, you still have to manage, the assets, the tenancy, etc. Either you do it yourself in which case you are the one working for yourself and growing your own wealth or you hire someone else to use your assets OR capital to grow it. Other market investments such as debt instruments are not really "working for you" as you are simply a lender and you receive compensation in the form of interest (coupon payments)
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Coach Alex. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I'm a beginner please how can i reach out Coach Alex
This is he’s telegrams user name
This is such a lonely road! Nobody understands this lifestyle.
Punny Money Smart people do that’s why you have to hang around them all the time
You are not alone. Stick with positive people who understands.
Let people doing what their parents told. Our mission is education and creating jobs for there people
You are so right.
Punny Money that's the difference between the Rich and the Poor.. Philosophy and ideology is less understood therefore harder to grasp if you're just becoming introduced to the concept. :)
Rich = passive income greater than burn rate.
DontTestTheX Nothing better than passive income, since there are multiple options.
DontTestTheX Passive income requires a lot of mental power and long term planning to acquire though. This is my personal experience.
+Steam Knife
Of course brother! Soon, *NEX* is the key to all of this.
Yes, agreed ,how much time before having to get to the grind of what you already know ,instead of venturing into new waters , slowly.
Pension doesn't really have much value anyway. If you live to retirement, you still have to scrape by.
But the POWERFUL don't work for money, they work for CONTROL which they never give up, and I encourage all of you to never give up control. Anytime somebody wants you to sin a contract or give up personal information, or agree to let them do something, or give up a percent of your ownership, you are giving up control. Don't do that.
I have zero debt and as a result I have almost no stress. I make no house payment or car payment, at least not to a bank. I still pay, just to myself. And I don't buy on credit because that makes a person a slave to a credit score or a bank. If I can't pay for it, I don't buy it.
You should constantly work to get control of all aspects of your life back into your hands.
I agree with saving and paying for cash. I do not agree with your point about gaining control. What kind of person wants to control others? I prefer to educate what I know and make others feel empowered. Just saying because I am apart of a company that wants to empower and educate others. Ask me.
@@julieannebishop3442 You misunderstood. When I said gain control, I didn't say gain control over others. I meant get control over your OWN life.
@@jedeckart4300 You may have control but you will never have big money
This guy is trying to teach you something but all you care abt is control
You don't explain how you live ie are you paying rent or do you live with mummy lol 😂
@@jojobean9260 I understand why @Jed Eckart didn't reply to you.
@@jojobean9260 Control IS money; you just need to know how to manage it.
For example, I have learned to utilize control and as a result I have no debts; I have a new vehicle and completely own it. I have no mortgage, no car payment, no credit card debts, no loans, nothing but the occasional utility bill.
The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances
Spot on. The market presents different opportunities to create passive income, with the right skill and proper understanding you're good to go.
Genuine interest in achieving the best for clients is what makes Olivia the best. My husband and I met her in 2014. We knew how to earn money and how to spend money but when it came to financial planning we were novices. We took on her strategies and here we are 9 years on extremely pleased with the decision we made
Girl really sounds inauthentic.
Banga aka Hulk I think she's reading a script.
@EL PATRONE no such thing as luck, especially with money
But she is very beautiful 😉
This chick sounds like a idiot, albeit hot
@EL PATRONE OP sounds like a typical incel, they only ever notice the women, nothing else
I think when you're young, as in teenager, a part-time job in a business can provide many entry skills as a steppingstone to something bigger. You work with a strong mentor, teammates, observe how decisions are made, and contribute your opinions as well. You follow instructions, a process, ask questions about why something is done or performed in a particular way. You learn the best ways to communicate with customers, use time management flexibility, and solve problems. The idea is to teach and learn as you become more independent, and responsible working towards your own goals or business. I call it paid training before you move on.
Indeed. Self development always builds character. The earlier we have built and applied it to ourselves, the higher the chances we will know how to excel in a lot of things. Advantage of those teenagers who have immersed themselves in the corporate world are that employers choose them over same fresh graduates who doesn't know how things work in the corporate world.
What about education?
Yes!! This.
@@site_is_down Thank you for these insights. I'm a mother who have encouraged my sons to learn the trade they are temporarily employed...before choosing the degree of their passion and aptitude...I have not conformed to the norm after learning from Kiyosaki, T. Harv Eker, Jack Canfield, Thomas Stanley, Anthony Robbins...
@@Mdkaifraza932 Which kind of education again? Training/ internship _is practice_ (real life) while college degree/education _is theory_ (on paper)
There’s a reason some are rich and most aren’t. The financial world is almost like a success filter. Those with certain qualities can continue to move forward. While other get stuck at some point. These qualities are obtainable by everyone, but the majority will not change/adapt. Some people will not have intense motivation, perseverance, focus, or desire to learn. Therefore they will be stuck at a certain point in the filtration system of success. It takes patience and consistent action.
I wish mentors weren't so damn expensive so that everyone can afford one.
Peter principal
When you say that these qualities are attainable by everyone, you seem to be saying that we could have a society where everybody was rich, and nobody worked for a paycheck.
In this society, who would provide the basic services needed to survive?
@@inotterwords6115 I believe that 500 years or perhaps much sooner from now, nobody will have to attain anything (if they don't want to). Everything will be provided at no cost. AI programs will literally figure out how to control matter and energy to the point where it can be manipulated into whatever is needed.
@Hernandez10052 They are not mentors but con artists.
Who ever read full book...of RICH DAD....plz hit a like as YES..
Thanks for watching
Hit me up there ☝️☝️
There are profitable nods and patterns I’d love to show you...
There were a lot of problems in my life and I went to a Christian Retreat Centre for a retreat and really after a few days God showed me this book
Rich Dad Poor Dad
and it logically explained what I had always felt.
Actually the world has to thank Mr Kiyosaki for writing this book.
He puts everything into brutal ,hard perspective
Am way far away from your better world. But Rich Dad Poor Dad has changed my life for sure. Robert may have been exagrating some things but he has done his fare share to tell the truth.
120k-150k not much OMG I barely make 25k 😥
And why is that. I haven’t worked in 15 years. I don’t date girls that want bling. I only date smart independent girls that want to be free.
My 1st paycheck was 4.5k for a few months out of high school now i makes over 150k a year at age, working on my retirement at age 52 in 4 years. I have 5 different ways to bring in income and still working on advancing different ways. Lol and i am a college dropout i don't have 401 ,457 or IRA and i only work 40 hours a week.
John Foster I’m a high school drop out. School seemed so full of shit for me. All I saw were people pretending to know stuff to not seems dumb. They say I know or yes to everything. But reality they have no clue. School weeds out people incapable of being sheep. Schools only award people that gets good grades and conforms to the system. I like financials. The money game. Non of what I know was ever taught in school. I like buying business with my money. I don’t buy new cars. I buy used cars that I don’t lose much money on. I love buying property. I loved being a sales person and I love making my money work for me instead of working for money. Don’t have a set salary I don’t make 150k a year but my net worth goes up pretty steadily yearly and I spend the profit I make from my properties and business into more houses more and gold. I love gold.
Not going to lie and keep it real. I work a window washing gig right now, but I study and I am learning about money so I can make it work for me. I save most my paycheck after bills but i am going to start looking into buying properties. Im young but time waits for no man @@youtubecomments5951
@@wayneforde6609 what is your job exactly?? lol
I listen to Kyosaki like 10 years ago and cause of him I started my own cleaning business and purchased 2 multi family rentals. No lie. He drops knowledge that’s so important it literally gets you out of the rat race. Just have to start small.
He isn't teaching anything here. All this video is saying is basically "get a lump of money, start a business". Ha, no sht! Who wouldn't want to start a business and earn a gazillion dollars? Reality is not everyone is lucky enough to start a successful business, those who tried, I am willing to say majority of them fail, and owe a tonne of debt, (we have family friends who started a restaurant business only to end up with a failed business and a $100,000 loss). If it was that easy everyone would be a millionaire by now. Get out of the rat race you say? LMAO! Going into business, trying to accumulate more money than others and looking down/mocking people who work a job as shown in this video, is the very definition of the rat race. As others have said, the day you die, how much of your money can you take with you?
Nice!!! Started my own cleaning business aswell!!! I realized doing so would make me more money than actually having a career , so I left my dental assisting position and started doing my own thing, if I want a raise I just simply look for another office to provide my service too and bam!! There it is..... I hope to be extremely successful by the time I am 30, turning 25 in a few days and I couldn't be more happy to be doing my own thing....
章ウ一 and that’s why your broke ! Failure is okay . I love failure . It helps me learn . I’ll fail a hundred just so I can get out of the rat race so shut your broke asss up please . You have the mentality of a poor person
You did it because you did work hard and did learn how to be money savy. Not because someone did teach you something you could not learn on your own.
He may have points that make you think, but you are the one that put the work in; unless you win the lottery.
@@chewedon Lol spoken like a true slave.
If you have a job, you get taxed. If you have employees, you get tax breaks. That really touched me.
50 years from now, Robert Kyosaki will be remembered as a "Legend"
He's already legend in my book
@@balwc147 for me as well
more like a fraud
Already a Living Legend.
@@ndimuafrica lol what
"Understand what your passion is and find out someone who could pay you for doing that". I do my Entrepreneur ship this way. And by this way I never work for money. I work for my passion and that makes me money, which then works for me.
That's the secret
I already analysed this man and the end game is = entrepreneurship.
And Robert said if you don't love it, you won't take care of it. Buy assets that correlate with your passion. Monetise your passion, by so doing you become an entrepreneur. That's my problem, I can't seem to find that thing, I would be happy doing in the next 20, 30, 50 years.
This!!!
As long as y’all keep DOing you’ll run into it. Action brings clarity not indecision :)) we got this
How do you find out what your passion really is
I guess the part I don't understand is taking on large amounts of debt. I was always taught to avoid debt like the plague.
there is good debt and bad debt. Example: credit card debt is horribly bad. Real estate debt is good debt as you are leveraging your increased spending power to acquire assets that cashflow and make you money
If I understand it correctly. Kiosaki uses debt to buy thing that pay the minimum payments on those debts plus some. The logic is that at some point you will owe so much, that it would be terrible for the bank to call for your debts to be paid, as they simply wouldn’t get nearly enough to make it worth their while.
@@prestonianone4802 Good one! took me time to digest that fact..
This video helps to explain this: ua-cam.com/video/dN5qHjnd_xk/v-deo.html
I work for a state agency and work with people who have had the same job for 20 plus years. They walk around like zombies some of them have the age to retire and years in the state but they can't because they can't afford too. All of them talk about saving your sick time and vacation time for when they retire...so im like you are spending most of your life planning for old age?? How exactly is this living. The glorify over working yourself staying late everyday with no extra pay. It hit me like a tone of bricks a few weeks ago that I did not want to be these people. I am currently investing in rental properties. Me and my partner have a few so far, and it's going very well. I cant wait for the moment I hand them my resignation...I am beyond excited to be able to do what I love and get paid for it. 😊
So privileged to have access to this. I've studied U Robert, and you been preaching the same thing for 30 years! Thank U for being so authentic and a real educator
the word loser is very disrespectful for people who works hard to support their family
That's the whole idea. There's more to living than merely surviving.
Offspring do you mind sharing your story or experiences ?
@@tayya7371 Sure. I tried working for a living, and found there's no real money in it. I served a trade apprenticeship and worked my arse off, only being able to save money because I was a bum that lived at home with his parents. Buying a tiny home of my own would have meant: 1)No savings, because everything has to go into the house. 2)No anything else either, because being a slave to a job AND a house means you're either working or fixing/maintaining the house. 3)Fuck that.
Now, I'm an unemployed bum living at home with his parents at 43 y.o., and at least I don't have to work like a dog to have nothing like my parents did.
Most people will never do much of anything other than flog themselves very hard just to survive and reproduce. Working my rear end off until I die just for that has zero appeal for me, but it's so normal that it's just what everyone does, and the cycle repeats indefinitely generation after generation.
offspring we are same ages. l didn t have education so l studied at a college when l was 30 but l realized that l didn't wanna work 50 hours per week or have a job of 9 to 5. that's not me .
so l continue serving and working the hours l wanted and last 2 years l have been going to a college full time that l can have skill to heal people naturally ;acupuncture, bio energy ,sacrocranial therapy .
all this tools in my hand will allow me to travel and live wherever l want meanwhile the condo that l bought 11 years ago doubled the price and now when my school finishes l would like to sell my place and retire when l am still young .
So l managed to work ,invest and have fun in life ! that s doable .
@James Wayne Who isn't these days :)
One important point that this guys is missing, in order to buy business,real state or stock etc, you need CAPITAL
Yes the minimum should not be under 10k to invest in the real estate
Well a thing you can do is come up with a relatively low cost asset to buy, use the money from that to help buy another, and gradually just go up the chain
Also you can use debt
There are other ways to get capital. Short term job for initial capital, then open a corp, build biz credit, be responsible...the rest is history.
Smart as you are beautiful!
One thought is to buy the dip and then wait to break even, another thought is: Will buying low during a recession work if I'm retiring in the next 3years, I'm no way near prepared for retirement and I just need strategies to scale up to atleast 2million by the time I'm set to retire
it all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@Dan Brooks Big Credits to 'Christine Jane Mclean she 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.
Lmfao these bots are dumb af
Hey everyone, if you’re here, you’re probably curious and want to change your life for the better, to achieve the freedom we want. I would like to take the time to thank you, Robert, for making this information available for the people who need this guidance. We genuinely appreciate your contribution because you’re helping us make small but meaningful changes to our lives. Thank you♥️
I read your book when in college, thanks for insert new insight on my mind. My teachers and parents never teach me about how to be rich, they only taught me how to get a job. Hope you have a long life Mr Kiyosaki.
I can say that the only way "getting a job is for losers" is if they don't invest in themselves. If I was to work for someone else I'll just invest my money and start my own thing. Not everyone is born into a wealthy family or have connects like that.
I have a question. Please correct me if I'm wrong, so what Mr Robert is saying is that if you get a job you work to learn the skills not neccessarily for money? And secondly with the paycheck you earn, ensure that you invest it in order to multiply it and build assets until you get to a point of earning more from your assets and not being dependant on your paycheck? Is that correct or...?
this girl looks somewhat brainwashed. Still great content and information!
Yea
He's not telling her or us directly how to get rich... he's leaving out something in every book.
She acting innocent to sleep with him.
0:20!
What great information to be brainwashed with! I got Rich Dad Poor Dad when I was 18. Now I'm a 44 year old millionaire.
It's amazing how on one end of the spectrum you have Dave Ramsey "debt is bad :(" then on the other end you have Robert Kiyosaki " debt is good:)" I would like to see them face off with each other.
Larry Kurmode Buffett says debt is bad as well.
There are two kinds of debt: good debt (example: taking a student loan to become a doctor or a loan to start a business) and bad debt (example: buying an appliance with a credit card). Mr. Kiyosaki encourages good debt; others likely discourage bad debt (I haven't read or seen them). I don't see any contradiction here.
@@shepherdwarrior777I didn't say 'get a degree in History with a big student loan'. Neither did I say 'Mr. Kiyosaki encourages credit card debt' (I mentioned credit card as an example for bad debt, not good debt). It is possible to fail even with a good debt (say, a medical student on student loan takes school as a place for great fun and fails to become a doctor; that is not the fault of the loan). Perhaps Ramsey didn't manage the investment properly (I don't know). Please strengthen your reading comprehension and logical thinking before attempting to ridicule others.
@@Anon13100 You are not worth the effort. Go bottom feed some where else.
@@shepherdwarrior777 Oh, I had mistaken you to be a decent one who just has problem understanding. Mea culpa.
He got into commodities with a good job during a time when the cost of living was more commensurate with income. He had two diametrically opposite role models. He now depends on land, labor and capital to make money, he has income from commodities and real estate, and he depends on the losers to keep going. He doesn't worry about anyone being too offended, as not everyone will take his advice. If everyone did, the economy would be all entrepreneurs and no skilled laborers or tenants. His employee has parents who teach her about real estate, so she's not working from scratch. And she doesn't seem to come across as anything other than obsequious. Depressing video, but at this time in economic history, accurate. He doesn't do much other than shift money around, though, it seems. If he diversified his perspective instead of his portfolio maybe he'd be a little less arrogant. Money isn't enough--empathy would be good, too.
He's also in debt up to his eyeballs. Debt is evil and should be shunned.
So well written! Obsequious indeed
@@rhone733 debt is not neccesearily a bad thing. Think that through
It was the same where I grew up. There was a part of our income going to our own pension paycheck, and a part of it - to the government. When I was getting my degree, they pushed a law that took everything from a working person's pension to the government budget. So decades later we all, middle, poor, smart, stupid, criminal, law abiding, etc - we all would get the same pennies called pension. I knew that this was BS, there's no point investing more of my own money to my pension since they already took a part of it. I knew I could never live on my pension. But until I learned about Robert's books and ways of life, I never thought what I would do. Probably, work my back to death. But now I have a clearer view, so I really am glad that I've found him.
I've been fired before and lost everything twice! Racked up way more debt than I ever thought I would. I went to college, got a job and lost everything! The system is rigged, Thank you for this
Biggest mistake ever. To blame the system and not take responsibility upon yourself.
Someone who works hard is always seen as a good citizen. The rich and powerfull love this message because people like him make them richer every day. I believe in a society that working is something volunteer and made with love. No human being in a civilized world should be forced to do something he hates just to survive. Working should make our life and others better no only a few
It WAS true for my parents -- in the 1940s and 50s. You could work hard, buy homes without 30 year loans, and rise in the ranks. That era is long gone for most people.
Work hard bro, and make ur employer more richer !! after 40 years dead like a boring old man!!!
That's stupid
Not a good citizen, just a good person in general. And I really don't know how you think a society where work is optional can possibly sustain itself 😄
@@Hatrimn i know some rural communities that thrive doing what they love and sharing their goods and/or skills. western model is not the only one available.
I think the slight of hand here is interpreting "the rich dont work for money" to mean "the rich dont work." You need to work and you need money. You just need to work in pursuit of a different goal than money, or understand, while youre working your 9 to 5 or whatever, that it's ONE component of wealth, but not the way to wealth.
Working a 9 to 5 and expecting to get rich is like going to a supermarket and expecting the ingredients to be the meal. You need to go to the supermarket for the food, but you also need to make the meal. I think the analogy is a lot of people who work a 9 to 5 treat it like buying a premade meal at the supermarket, when buying ingredients and preparing them can make you a lot more food for cheaper. You still have to shop at the supermarket. You still need a job.
You need a job but eventually if you treat your money right and use money to make money then you can quit your typical 9 to 5 job and use the money you have earned to constantly build more money
let the money work for you ;)
Well Said Mr.Robert Sir salute and respect your Teachings most of us have created a mindset to work go for a Job and earn money but the question is I get a fear of doing or jumping in another business whether will it succeed or not
Fear of failure
The other thing in order to start a business the first option comes in mind as a Money should be their in order to start a business why we have always that option to think on it
Why their is not an another option to do a business and earn a lot of money ?
How to get rid of fear of failure
How one should think to sit ideal and Think of business ?
Will their be any Answers to this questions please reply to me
Thanks
"LOVE THIS GUY" ROBERT for HEAD of United States Secretary of Education.
He never explains how to "use debt" to create cash flow. How do you aquire the things on his cash flow list if you have no money, cannot qualify for loans, are currently unemployed, etc.?
That's the same thing I said!!! tell me how to do it.....
If I go to the bank and I have debt... they're not going to give me anything not even $300 to start a very small business...... nothing!
Job at interim. You missed that and it is ok
You need money to make money.
Other people’s money. OPM. Be the middle man in a deal.
Raise Capital!
this man is droping knowledge if you take notes and follow these step with effort you will be successful.
Volkan Gaming are you successful?
Christopher Gonzalez Yes , I own business I’m only 16 🙏🏽
Volkan Gaming what type? and how did you save up your money? I’m currently 16 trying to make my own. Do you have email, instagram that I can contact you on please?
Lol. Most people are too lazy to even pick up a pen and paper.
Naw g. U just dumb af believing it
Investing in the stock market is the best option to make a passive income.
Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.
The decision to invest is an acknowledgement that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
Leaving it in investments rather than my bank accounts is one decision I’ll never regret, over the years I’ve accumulated tons of wealth from proper investments in Bitcoin, non-fungible tokens (NFTs) and stocks. Currently I plan on maximizing my gains and growing my portfolio even bigger
Remember, diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if security prices decline. Because investing can be complicated, consider working with a financial professional to help guide you on your wealth-building journey.
who would you endorse ? I've been in the shadows for too long
Vivian Klaine Morgan, she is an expert who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.
For all those watching this video, I'd advice you to have a job, make some money and then invest that money in assets like real estate, etc.
You can now use the interest from the asset and invest that in another asset.
Property development is good
Good advice!
good advice
Invest long term into dividend paying stocks 15%+ a year 5-10 years off investing 50-70k off passive income for investing into property yearly
i wonder how his real dad felt or would feel being labeled the poor dad
The poor dad the better dad.
Poor dad is a fiction he created to sell his snake oil.
hahaha Artimus
They say the Rich and Poor dad are both fictional. They say that someone who had the resources that Rich Dad had would be easy to spot in Hawaii, especially at the time Robert is saying that he operated. It's a great illustration though.
In my honest opinion, working for money is not bad but it's a very limited way of gaining income. That's why it's just as important to have money work for you.
Even if you are an entrepreneur it's a job! You are still working for others, unless you create a product that generates enough money (passive income), so that you don't have to work! Also, many people enjoy working to give them some sense of purpose!
If you’re business can’t run without you, you don’t have a business, you have a high paying job. Sure people work for purpose but then the motivation isn’t money, is it?
The difference is that as an entrepreneur you create wealth and that s your motivation. When you just get a "job", that is a fixed salary every months, you just work to consume. This is what the school system is all about. Creating consumers.
Purpose... Got it.
How the heck can you afford a business , real estate , paper asset and commod asset right after college? This advice is for rich kids with rich dads.
fsl88 it doesn't happen overnight, idiot
Synth Maelstrom .of course it happens after 30 years, and before it happens you will be a loser having a job.
Hahaha yeah... Unless you are born in America 60-70 years ago trolololol... Then you can get rich easily, then make money telling everyone they're a loser because they can't do the same. Good times.
Don't go to college
how about you start saving instead of spending it on useless things that you dont need like sneakers. Took me 2 years of saving just to get 15k to use as a down payment for a investment property. If i can do it, you can do it to
I would love to see a video of what people that come into money all of a sudden should do. I see a lot of stories of people that win the lottery going back to worse than they had before.
They should first take a break, then hire trusted financial advisors! My opinion.
Depends but cashflow assets some paper that give you dividends if you get 10ms I would say invest 500k-1m to get 50k-100k passive income for drip of to live off and buy luxury house for 2.5ms have 1m cash and put 200k down 5xs for rental properties with each 1 years off fund for each rental property to cover the bills and repairs than it’s a matter off if you want to manage or hire people to manage and can relax and let your wealth pay you but it’s how rich you want to Live after that
If nobody was willing to work in a job then there would be no big businesses with thousands of employees? If everybody was an entrepreneur who would collect the garbage from outside his house, wash his car and build the computer he is using to be the entrepreneur? Does Mr. Kiyosaki have employees in his business. I like to work for a boss that thinks I am loser. Gives me a great feeling of being appreciated.
stupid A.I. slave robots that cant think or feel will be the ultimate replacement.
@ I don't know, but I decided that I make my own, because if we know it's so good, why won't we share it as a service? Greedy? Selfish?
This course (I downloaded on VMWare to make sure it is safe): freecoursesite.com/1-artificial-intelligence-reinforcement-learning-in-python/
I'm currently making a A.I. that learns how to play chess based on previous experiences. It uses "reinforcement learning"
Reinforcement learning has a goal, and will do anything to achieve it. The best way I found out, is to have exponentially less % chance of exploring a new method, not sticking with a new one. The longer it succeeds, the smaller and smaller the % of exploration.
If you won 10 Olympic gold medals in a row, would you change your strategy? Oh hell no.
But if you lose a Olympic event, you study what you did wrong, calculate the most likely cause, and change that. If that doesn't work, then the second most likely cause, and repeat that forever.
@@shadowkyng40 No. Just give them sex bots.
@2niner71 It's not the 'job' itself, that Kiyosaki's attacking... it's the 'job mentality' of working for your money (instead of your money working for you) that he's speaking to. He eludes to this a couple of times in the video.
The main idea to take from this video is to not be a slave to a paycheck. You can have a job... but set up, and own, assets that produce passive income for you, so you're not fazed if you lose the income from that job. You'll have more freedom and less stress that way. You won't be a slave to the paycheck. For some people that may be enough... others will run with it and continue to grow businesses from there, and won't need or want a job (entrepreneurs). Everyone should have at least one passive income source on the side. Our society doesn't teach us that. But in general, that's all he's really saying. Don't be a slave to money. Start small and let money work for you.
only a few people have this mindset- i know this because i talk to my friends about entrepreneurship and not working for the man and they look at me like i'm crazy. they're comfortable living in their 9-5 and that's fine. for them.
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up.
Hello, I'm new to Bitcoin trade and I've been making huge losses but recently i see a lot of people earning from it Please can someone tell me what to do?
The new digital gold has created a new trillion-dollar's opportunity around the world! Where do you think your country is headed for
@@raymondjerry8918 All you need now is a professional trader else you will continue making losses.
That is true, you need an expert broker and account manager to make good profit from Bitcoin trade.
Trading on your own is very risky, many people have lost a lot trading for themselves