Exploring Strategies like Cash-Out Refinancing for Real Estate Success - Robert Kiyosaki

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  • Опубліковано 14 тра 2024
  • This video was recorded during a private meeting at the Rich Dad offices. Rich Dad Advisor on Taxes, Tom Wheelwright, and Rich Dad Advisor on Real Estate Ken McElroy shared how the rich use debt and taxes to get richer.
    Dive into the world of smart real estate investment with Robert Kiyosaki who unravels the complexities of cash-out refinancing, a key strategy in real estate success. He sheds light on how the financial system operates, particularly the clever use of 'other people's money' for investment purposes. This episode is a treasure trove of insights, from understanding the role of banks in our economy to mastering debt management for profitable investments. Whether you're a budding investor or seasoned in the field, this episode offers valuable lessons in making strategic financial decisions in real estate.
    00:00 Introduction
    02:07 Entrepreneurial Mindset
    06:02 Leveraging Debt for Wealth Creation
    17:09 Understanding Tax Laws and Benefits
    22:16 The Global Financial System Explained
    27:41 Mastering Financial Statements
    33:50 Creating Cash Flow and Wealth Preservation
    www.richdad.com/
    Facebook: @RobertKiyosaki
    / robertkiyosaki
    Twitter: @TheRealKiyosaki
    / therealkiyosaki
    Instagram: @TheRealKiyosaki
    / therealkiyosaki
    -----
    Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
    The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

КОМЕНТАРІ • 2,6 тис.

  • @kaylawood9053
    @kaylawood9053 Рік тому +1596

    If we are being truthful to ourselves, just like the rich, taxes can be a big pain. Income tax, value added tax, property tax, etc. Paying taxes is good, but we could also create our own tax havens. I personally put my money mostly in the stock market, since its appreciation is not taxable, and then when I sell, I find ways to make the income non-deductible in taxes. I 'm currently sitting on more than $327k of cash, and I'm definitely throwing it in the market. Just thinking of how to not lose it all, since the market is red.

    • @legacymedia8468
      @legacymedia8468 Рік тому +2

      It upsets me how simple things like this are not taught in school, and then people complain about taxing the rich everyday, as though the rich should pay for their own ignorance. I have been doing the same thing myself, using the market to shield myself from the market. But I hate making mundane decisions, so I just invest through an advisor, making good profits, avoiding taxes, while doing very little work.

    • @masacrrrttv2757
      @masacrrrttv2757 Рік тому +2

      Stock is taxable

    • @CJ-222
      @CJ-222 2 місяці тому +1

      Oh no, your shameless spam bot comment got deleted. Womp womp 😥

  • @cuddyb9631
    @cuddyb9631 Рік тому +535

    Great content in your channel, I’m 53 and my wife and I reached $1M net worth in 2017, five years later it’s $2.4M. Our yearly salary is a little over $100K. We drive older cars, cook at home, eat leftovers, and have 2 in college. We saved for college and our boys help by working. They will graduate debt free.

    • @PhilipMurray251
      @PhilipMurray251 Рік тому +8

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

    • @wiebeplatt4749
      @wiebeplatt4749 Рік тому +5

      I’ve been on both end of the spectrum, I was lnvesting on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfoIio-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.

    • @instinctively_awesome8283
      @instinctively_awesome8283 Рік тому +1

      @@wiebeplatt4749 I read inflation is over 10% but as we know it's definitely way more than the media would like to admit, my plan to earn more passively and ride this out, can you investment-advisor assist?

    • @wiebeplatt4749
      @wiebeplatt4749 Рік тому +3

      Sure, the investment-advisor that guides me is "Susan Agnes Hancock", she popular and has quite a following, so it shouldn't be a hassle to find her, just search her

    • @isaiahayers1550
      @isaiahayers1550 Рік тому +1

      @@instinctively_awesome8283 the media reports what economists and their models and formulas say. The media doesn't just make up a number.

  • @lailaalfaddil7389
    @lailaalfaddil7389 Рік тому +931

    Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

    • @lailaalfaddil7389
      @lailaalfaddil7389 Рік тому

      *ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

    • @geraldnebo
      @geraldnebo Рік тому

      Everyone tells you to invest but noone teach you how and where?

    • @chadmulligan5629
      @chadmulligan5629 Рік тому +2

      Crooks and scammers ^

  • @lesstalk1316
    @lesstalk1316 Рік тому +11

    If Robert ever see this I want him to know that a Nigerian 19 years old is watching and learning. I am cashless right now but with all this info on this channel am already great 😊

  • @HattiesburgGaming
    @HattiesburgGaming 2 роки тому +273

    Pink Panda is the one to pay attention to, their Founder just had an interview at Nasdaq!

    • @cesarg4
      @cesarg4 2 роки тому +2

      Really professional and trustworthy dev team with an incredible product. Bullish on PinkPanda!

    • @smokehf
      @smokehf 2 роки тому +1

      Wow Nasdaq making moves. Pinkpanda will be huge

    • @bigbelly2692
      @bigbelly2692 2 роки тому

      IMO Pink Panda is poised for something special. Those in charge are real business professionals with a vision and a plan. Very comfortable with Pink Panda’s future.

  • @mcginnnavraj4201
    @mcginnnavraj4201 Рік тому +319

    Very honest and well detailed video. Very Commendable. Times have changed and now stock market is all about pump and dump leaving retailers as bag holders. Bag holders turned to long term investors will still bag hold and stock might go to zero. There is too much news, too many analysts, too many factors, too many firms, insiders influencing the stock price. Retailer money is being sucked. I made $245k combined net last year and paid no Federal taxes, but i need some advise from a pro on how to move going forward

    • @scottashwood9985
      @scottashwood9985 Рік тому +1

      Obviously, the idea of a coach might sound generic or controversial to a few, but a new study found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $500k from an initially stagnant reserve of $140K all within 17 months

    • @scottashwood9985
      @scottashwood9985 Рік тому

      The advisor I use is actually quite known, you might have come across her before, “JOHANNA MUSSCHE” she's been featured on several articles, you can search her name

    • @trazzpalmer3199
      @trazzpalmer3199 Рік тому

      Looked up her name and her website popped up immediately, interesting stuff so far, about to book a session with her

    • @CJ-222
      @CJ-222 2 місяці тому +1

      Looked up her name and her registered sex offender status popped up immediately, interesting stuff so far, about to move my family as far away as possible

  • @dylanmoris6211
    @dylanmoris6211 10 місяців тому +911

    Nice video, though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.

    • @KelvinWallace
      @KelvinWallace 10 місяців тому +2

      I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.

    • @williamsbrown4026
      @williamsbrown4026 10 місяців тому +2

      There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.

    • @LionTowercoporation
      @LionTowercoporation 10 місяців тому +1

      @@williamsbrown4026 You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals. Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.

    • @CJ-222
      @CJ-222 2 місяці тому +2

      ​@@LionTowercoporation cringe

    • @loiscashner6567
      @loiscashner6567 2 місяці тому

      What does buy the dip mean??

  • @erikacristina9567
    @erikacristina9567 11 місяців тому +262

    Great video. I watch several youtube videos on how to trade in the market but haven’t made any headstart because they are either talking some gibberish or sharing their story
    of how they made it and I do not want to make mistakes by taking risks in my own handswil

    • @tishadin752
      @tishadin752 11 місяців тому

      The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working

    • @JamesRandle5
      @JamesRandle5 11 місяців тому

      I'm amazed you mentioned Katrina susan, she is the best and the bot strategies works like magic. I've been making over 100% of my investment monthly since I started using Rocketta, the trading is quiet marvellous

    • @sophiabrown2005
      @sophiabrown2005 11 місяців тому

      This is not the first time i am hearing of katrina susan and Rocketta exploits, how she handles trading and generates good profits, Rocketta has really made a good name for itself, but i have no idea how to reach her to assist me

    • @tishadin752
      @tishadin752 11 місяців тому

      You can reach her through TELEGRAM

    • @tishadin752
      @tishadin752 11 місяців тому

      Katrinasusan is the name to look for

  • @susannabruemmer3683
    @susannabruemmer3683 Рік тому +146

    Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals

    • @stansburyclarice4968
      @stansburyclarice4968 Рік тому

      My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless

    • @presley492
      @presley492 Рік тому

      The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading

    • @presley492
      @presley492 Рік тому +1

      what i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit

    • @terrallcoscarelli7002
      @terrallcoscarelli7002 Рік тому

      who would you recommend?

    • @presley492
      @presley492 Рік тому

      *TERESA JENSEN WHITE,* That's whom i work with

  • @unclebig2233
    @unclebig2233 Рік тому +246

    I will keep buying my targeted stocks on low days. They keep dropping and I keep buying. I'm running I lower on cash though... down to about 20% cash. I'll keep buying the sale prices until I'm outta cash. gotta be greedy when others are fearful.

    • @natelie2617
      @natelie2617 Рік тому +3

      Exactly, long-term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound. so far i've made huge profits from just q4 of 2021. before the market crash and now I'm buying again. I am going to sit back and observe how this all plays out, adding more at a time. Having a good entry and exit strategy, will make succeed in the stock market

    • @natelie2617
      @natelie2617 Рік тому +2

      @Paki Ray Hmm Actually there's no particular sector i focus on, I have my funds well diversified by using trade signals from an analyst Tracy Britt Cool Finance she is a US registered CFA so you might have heard about or seen in the CNBC news and tbh it's been a huge relief. Good earnings and little to no engagement at all on my part.

    • @dakshaarjun9806
      @dakshaarjun9806 Рік тому +1

      No pain, no gain. This will sake up and make inexperienced investors sell off everything. The experience led investors will make tons of money and get much richer. Those who panic sell will get destroyed. Paper gains and losses are normal throughout the investing cycle. Continue to invest and don't panic

    • @natelie2617
      @natelie2617 Рік тому +1

      @Paki Ray You don't give out funds here. My account only mirrors her trades in real time that's the ideal for this system.

    • @unclebig2233
      @unclebig2233 Рік тому

      The best strategy is to start buying in slowly and then gradually increase the pace of buying as the prices continue to drop. selling off everything makes no sense; but short term investors and speculators can sell off if they have made profit on their initial investment and still benefit from volatility of the market. I think now is the best time to buy financially stable dividend stocks.

  • @marksarah4486
    @marksarah4486 Рік тому +82

    Tomorrow is near, yet so far away. Choose this day to love unconditionally, and be happy within

    • @marksarah4486
      @marksarah4486 Рік тому +1

      Richard A . Blair Fx

    • @marksarah4486
      @marksarah4486 Рік тому +1

      OR Instagram

    • @marksarah4486
      @marksarah4486 Рік тому +1

      He will guide you through the process of investing

    • @AbubakaCalo
      @AbubakaCalo Рік тому

      @@marksarah4486 This man changed my life through his platform and I'm still making profits from him platform

    • @AbubakaCalo
      @AbubakaCalo Рік тому

      I make over 30000USD on my weekly trade with him

  • @chanakyaisalive505
    @chanakyaisalive505 Рік тому +4

    No captions, clear instructions. Amazing 👍

  • @bfrances2354
    @bfrances2354 2 роки тому +2

    The BEST presentation on The Rich Dad radio program that I have seen, bar none. Thank you all for breaking this information down so anyone can understand. Most people want to know how to do what is best for themselves. Some just need guidance via education. (The choir doesn't need singing lessons )
    Nice to see a good representation of America in the room.
    Thank you again guys!

  • @avaharris3433
    @avaharris3433 2 роки тому +5

    The best way to find growth stocks, key features to keep in mind is as follows: 1. Ensure gross margins are greater than 50% 2. Ensure P/E ratio is less than 100 3. Buy companies that are PROFITABLE, very important irrespective of sector. 4. Debt to equity ratio is less than 30% 5. Current ratio is above I 6. and a Float under 100 million One stock that fits the bill is FLGT (Fulgent)

    • @bartonjeffs9439
      @bartonjeffs9439 2 роки тому

      Thanks for the insight and support I have no idea of how the market work unfortunately having a job doesn't mean security rather having different investment is the real deal...... So I really appreciate your transparency.

    • @investanswer2823
      @investanswer2823 2 роки тому

      Every shibah investor right now just smiling at the price of shibah as it held strong and indeed valuable enough to generating good Rol.more person are gonna become millionaires and we have shibah thanks for that

  • @alphonsewabianik9251
    @alphonsewabianik9251 2 роки тому +7

    Never thought I could learn so much within an hour, thank you .

  • @spartaqus3284
    @spartaqus3284 Рік тому +2

    This is single-handedly the most valuable and educational 50 minute video on UA-cam.

  • @tvb4227
    @tvb4227 2 роки тому +13

    Now this is what a 1 million course look like in only 50 minutes :D Thank you.

  • @davidvillena8432
    @davidvillena8432 2 роки тому +6

    Thank you all rich dad team for the knowledge you share

  • @rizo9714
    @rizo9714 Рік тому +1

    Som much information ..in this channel...to make u rich...thankyou for teaching us ROBERT KIYOSAKI..

  • @cliffordolive1
    @cliffordolive1 Рік тому +2

    I so greatly appreciate your efforts Robert, 👌 thank you 🙏🏻🤙

  • @andrewcleverly1322
    @andrewcleverly1322 2 роки тому +91

    When you invest, you are buying a day that you don't have to work.

  • @amencal
    @amencal 2 роки тому +24

    I have learnt more from this short video, than from all your books i read. It's like putting all the pieces of the puzzle together. Thanks Robert.

  • @njreno1
    @njreno1 Рік тому +3

    I have been looking into real estate for a year now and watching this video made the lightbulb go off. Depreciation literally makes my investment tax free as long as I buy as a business. So my son wants to rent a house, guess who is buying a house for my son to rent? Thanks for all your advice and education.

  • @Sasyzx
    @Sasyzx Рік тому

    Really the best video that i've ever seen! You all explaining how it works very well! Thank you!❤

  • @donaldhernandez1547
    @donaldhernandez1547 2 роки тому +4

    This is awesome. Thanks Robert.
    I've always wanted this explained. 👍👍

  • @dubbahco
    @dubbahco Рік тому +44

    00:00:00 - How the System Works
    00:07:52 - Affordable Housing: The Real Estate Story
    00:16:39 - Real Estate: Debt Management, Financing
    00:21:04 - The Value of a Cash Out Refi
    00:27:42 - The Fed's mandate for higher taxes
    00:33:29 - Trump on Rich People Cheating on Their Taxes
    00:39:26 - Robert and Kenny: Compounding Their Tax Benefits
    00:39:56 - Don't Trust Your Asset
    00:44:03 - In the Elevator With Robert Kaplan
    00:49:22 - How is Cash Flow Being Valued?

  • @k.t.1594
    @k.t.1594 2 роки тому +102

    Oh my gosh, this content is so valuable I have never seen anything like this on the internet! Thank you rich Dad!

    • @johnbenz4301
      @johnbenz4301 2 роки тому +6

      Reading the book brought me here. Such valuable free content ..

    • @MegaSMARTTUBE
      @MegaSMARTTUBE Рік тому

      Yes it is , so valuable.

  • @sweetexpressionsoflove815
    @sweetexpressionsoflove815 Рік тому +1

    I give thanks ! Awesome video! Jam packed with great information!

  • @theluckshow9617
    @theluckshow9617 2 роки тому +2

    Robert, Kim, Tom, and Ken thank you so much for providing this much valuable information.

  • @gevorgkhachatrian6778
    @gevorgkhachatrian6778 2 роки тому +3

    It’s the best education video I have ever seen! Thank you 👍

  • @tradingpoker1324
    @tradingpoker1324 Рік тому

    Excellent! Eye opening. Thanks for sharing and love all the details. Would love to see a video on the deductions if Tom hasn't already. I'll look.

  • @robertorosales2267
    @robertorosales2267 Рік тому +1

    Thank you for sharing this video, I learned a lot and was refreshed on trusting my asset!

  • @bobabar19
    @bobabar19 Рік тому +7

    Love the content and their explanation of using debt for accumulating assets to produce cash flow. But I think the reality is, most people are afraid of borrowing money and MAINTAINING the asset. It is just too much pressure for most people. Assets needs to be managed; it is hard to do when you also work a full time job, although not impossible. Most of them try and fail, and eventually just surrender to being employed because they think it is "safer".

  • @TstyleLifestyle
    @TstyleLifestyle 2 роки тому +3

    This video really just made a click in my brain within the first 13 minutes! Thank You so Much! Now i just have to apply it!

  • @charlenerevell7543
    @charlenerevell7543 2 роки тому

    This was very informative!! Going to save it to listen again & put whatcI learn into action. Tired of being a Consumer. Thanks, guys!!!!

  • @prov31x
    @prov31x 2 роки тому +1

    Thanks so much for sharing this, valuable info

  • @alexyoung3126
    @alexyoung3126 Рік тому +560

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

    • @chris-pj7rk
      @chris-pj7rk Рік тому +4

      Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality st0cks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my ROI

    • @stephaniestella213
      @stephaniestella213 Рік тому +4

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

    • @kimyoung8414
      @kimyoung8414 Рік тому +3

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

    • @kimyoung8414
      @kimyoung8414 Рік тому +3

      @Zahair O'Brian I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks

    • @kamilasablaturova6135
      @kamilasablaturova6135 Рік тому

      ​@@stephaniestella213 AGBAPPCZ

  • @williamyejun8508
    @williamyejun8508 10 місяців тому +102

    My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

    • @jamescomb1170
      @jamescomb1170 10 місяців тому +3

      It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

    • @jameswood9772
      @jameswood9772 10 місяців тому

      Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

    • @jessicamoore3093
      @jessicamoore3093 10 місяців тому +1

      @@jameswood9772 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @jameswood9772
      @jameswood9772 10 місяців тому +3

      The advisor that guides me is “Lisa Angelique Abel” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...

    • @jessicamoore3093
      @jessicamoore3093 10 місяців тому +1

      I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.

  • @all4synchronicity162
    @all4synchronicity162 10 місяців тому

    Thank you for doing what you do sharing such amazing wisdom. God bless you and all that's dear to you and your family friends and followers too God bless you all 🙏

  • @mmdcleanaz5334
    @mmdcleanaz5334 2 роки тому +3

    WOW!!!! the kind of information that is priceless, this is all i needed to hear.

  • @RealAlfa
    @RealAlfa 2 роки тому +6

    I wish I could meet you mr kiyosaki I’m a true believer in studying what you preach not just listening. Thank you

  • @Stanleytucci819
    @Stanleytucci819 Рік тому +1253

    I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

    • @cyrilbalistreri4348
      @cyrilbalistreri4348 Рік тому +1

      You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.

    • @gabrielmm3515
      @gabrielmm3515 Рік тому +1

      Absolutely, I am a project manager and my personal portfolio of approximately $550k took a big hit in April due to the crash. I quickly got in touch with a financial planner that devised a defensive strategy to protect and profit my portfolio this red season. I’ve made over $120k since then.

    • @gabrielmm3515
      @gabrielmm3515 Рік тому +1

      @Scarlett Bell My advisor is ‘’Frances Annette Batista'' 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.

    • @Jamespearson698
      @Jamespearson698 Рік тому

      @@gabrielmm3515 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

    • @semperfi-1918
      @semperfi-1918 Рік тому +1

      @Scarlett Bell you need a mentor.

  • @frederikkannegaard2624
    @frederikkannegaard2624 8 місяців тому +4

    This education is way better than both gold and silver👏 Thanks so much for sharing with the world🙏

  • @jeanlouisboka869
    @jeanlouisboka869 8 місяців тому

    It's one of best video I've never see before. I'm mighty glad, good job👍

  • @txbiker57
    @txbiker57 Рік тому +3

    Thank you for your expertise. How do folks, who are disabled, on a fixed income, get out of the rut.

  • @meaningfulmax9351
    @meaningfulmax9351 2 роки тому +6

    At the start, Robert is looking at everybody like: "Are you listening!?"
    I love this guy XD

  • @fontane007
    @fontane007 Рік тому

    One of the best UA-cam videos I’ve seen for a long time

  • @valentinramos9794
    @valentinramos9794 Рік тому +1

    Este video verdaderamente me abrió los ojos! Wao! Mucho más que aprender!

  • @willbaack7997
    @willbaack7997 2 роки тому +131

    I'm 48 years old and I'm pissed that noone ever pulled me aside and showed me in broad strokes like this how money works. And why they don't is simple. They needed me in the team to stay in the employee quadrant.

    • @deesplash7087
      @deesplash7087 Рік тому +6

      Feels bad, good thing I’m learning financial literacy at 22. Cheers mate 🍻

    • @lifealchemist11
      @lifealchemist11 Рік тому +3

      I feel the same, this system based on bank and their money lending. I think now I am too late to start real estate investment so just watching these shows and see how rich getting richer.

    • @HouseJawn
      @HouseJawn Рік тому +4

      Banks write the financial education curriculum for public school haha

    • @Rusty2.0
      @Rusty2.0 Рік тому

      Financial slavery my friend. Government wants it that way

    • @foodforthought73
      @foodforthought73 Рік тому +3

      i totally know how you feel , im at 49 in oct, and pissed at my self for not getting out of the rat race and investigated money deeper

  • @TheAnonymous1one
    @TheAnonymous1one Рік тому +6

    What a great team. Tom really stood out to me. The way he explains things really makes it easy to understand.

  • @anndyperfume8468
    @anndyperfume8468 2 роки тому +2

    Amazing video I just finished reading rich dad poor dad and it brought me here wanting to know more about the business world. Excellent lecture!

  • @mariafarmer5862
    @mariafarmer5862 Рік тому +1

    Thanks guys I really appreciate this video

  • @deendistel853
    @deendistel853 2 роки тому +215

    This is by far the best free education I've seen in my life. And I spend a lot of time educating myself. Thank you so much!

  • @HaroldMateo
    @HaroldMateo 2 роки тому +3

    Incredible presentation! Thank you and hope to join you someday.

  • @adamrogers45
    @adamrogers45 2 роки тому

    I just want to say thankyou for the real raw knowledge.

  • @intszarins3087
    @intszarins3087 8 місяців тому

    Is just a beautiful explanation gentleman s, big thanks for your help, i really learn from you

  • @maurenhanders437
    @maurenhanders437 2 роки тому +65

    Dont fight the trend , as well as other variations such as "never catch a falling knife" are classic adages. the basic things that traders should avoid attempting to predict trend reversals , or even worse, i believe there is more to this market than most currently understand .

    • @henrypopkong401
      @henrypopkong401 2 роки тому +1

      Thanks for sharing this information. Actually I lost some funds while trying to trade by myself. wish i could find some way around it and make profits on crypto investing

    • @alishakurszewski-hoskins5002
      @alishakurszewski-hoskins5002 2 роки тому

      @@henrypopkong401 what I think what you need is the right coach and trading account manager to skyrocket your profits daily .

    • @henrypopkong401
      @henrypopkong401 2 роки тому

      who would you recommend ???

    • @alishakurszewski-hoskins5002
      @alishakurszewski-hoskins5002 2 роки тому

      trading with Mr Andrew Jamie made more profits for me than other trading professionals I traded with in the past

    • @alishakurszewski-hoskins5002
      @alishakurszewski-hoskins5002 2 роки тому

      i always enjoyed trading with Mr Andrew Jamie because of his simple step by step process, excellent communication and response times. the service was extremely streamlined and friendly throughout .i would recommend him to anyone also, give him a try..

  • @erichkraetz2622
    @erichkraetz2622 Рік тому +128

    I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how.

    • @kimyoung8414
      @kimyoung8414 Рік тому +4

      I'll suggest you find an investment coach or someone with market experience before the 08' crash to guide you amidst this inflation.

    • @alexyoung3126
      @alexyoung3126 Рік тому +2

      @@kimyoung8414 I agree, that's the more reason I prefer my day to day investment decisions being guided by an inv-coach, seeing that their entire skillset is built around short & long term holdings for profit realization, coupled with the exclusive analysis they possess, it's near impossible to not out-perform. I've been investing with a coach literally for 4years, and have accrued approx. $1.4m in net-profits thus far.

    • @joesphcu8975
      @joesphcu8975 Рік тому +4

      @@alexyoung3126 congrats. this is huge! mind sharing info on the coach that assists you? cos i’ve got a bunch of stocks that keeps tanking and don't know if its best to just dump amidst ongoing inflation

    • @alexyoung3126
      @alexyoung3126 Рік тому +5

      @@joesphcu8975 I am guided by INGRID CECILIA RAAD I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

    • @joesphcu8975
      @joesphcu8975 Рік тому +1

      @@alexyoung3126 Ingrid really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

  • @Rpvc5542
    @Rpvc5542 2 роки тому

    For the cash out refi of the property, it is all dependent on the NOI then correct? I know for houses you must have equity to refinance but in this case no equity is needed because the NOI grew?

  • @khaliddubey8652
    @khaliddubey8652 Рік тому +2

    I followed a lot of that with an eye of skepticism UNTIL you said the Fed was a cartel at which point I knew everything said today was 100% correct.

  • @Tsteps
    @Tsteps 2 роки тому +3

    Great video! What’s the split for the investor on each cash out refinance? What percent equity does Ken the buyer get for managing the deal?

  • @brandong3193
    @brandong3193 2 роки тому +5

    Great video, and very informative. The only place I am trying to wrap my head around is that this works assuming rent goes up, to compensate for the higher monthly payments of the larger debt. That is what essentially allows you to pocket the surplus loan amount as untaxable income. What happens should the real estate market slip (2008) and now rent is below that large monthly payment? Is there a way to provision a certain amount to be prepared for a market turn down to survive it without being forced to liquidate? Maybe you reinvest 50% of that pocketed 1M an keep the rest

    • @xejelah
      @xejelah Рік тому

      That would only be for a period of time though, right? The market yo yo's - wouldn't the surplus help with that until the market went bull again?

    • @brandong3193
      @brandong3193 Рік тому

      @@xejelah Great point, but 2008 took 4 years to recover. That would be 48 mortgage payments where rent is below that payment, plus fixes / maintenance. If your regular income can make up the difference then its not a deal breaker but thats a long time with negative cash flow on a rental. Either a nest egg or other cash streams would be required or you'd have to liquidate at lows.

  • @wbravo6675
    @wbravo6675 2 роки тому

    I learn a lot, thank you, guys.

  • @user-ob7pg1oj6f
    @user-ob7pg1oj6f Рік тому

    One of the most important and mind blowing video I have been ever seen.
    I really appreciate it thanks indeed.

  • @kurttSchuster
    @kurttSchuster 10 місяців тому +98

    If we are being honest with ourselves, taxes may be a major pain, just like they are for the wealthy. Taxes on income, goods and services, real estate, etc. It's wonderful to pay taxes, but we may also establish our own tax havens. Since stock market appreciation is not taxed, I personally invest most of my money there. When I sell, though, I discover ways to make the profit tax-deductible. I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

    • @Harperrr.99
      @Harperrr.99 10 місяців тому +2

      (I find it upsetting that such basic concepts are not taught in schools, yet people constantly whine about taxing the wealthy as though they should be made to pay for their own ignorance. I have been utilizing the market to insulate myself from the market, doing the same thing. However, because I detest making routine decisions, I just invest through a financial advisor, earning decent returns and avoiding taxes with minimal effort

    • @sherryie2
      @sherryie2 10 місяців тому

      @@Harperrr.99 I've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free.

    • @Mcllwain
      @Mcllwain 10 місяців тому +1

      @@sherryie2 I've been thinking of going this route of using an advisor. Could you recommend yours? And also, how do you prevent capital gain tax?

    • @sherryie2
      @sherryie2 10 місяців тому +3

      @@Mcllwain My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.

    • @Mcllwain
      @Mcllwain 10 місяців тому

      @@sherryie2 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

  • @Jay-es3vm
    @Jay-es3vm Рік тому +2

    This video shares some of the best information on finances / taxation I've ever heard! Thank you!

  • @adrianoluis9931
    @adrianoluis9931 Рік тому +1

    Thanks for the teaching!😊

  • @Krysthalenz
    @Krysthalenz Рік тому +2

    Wow this some great information,this is like finding gold in knowledge.

  • @LearnGUAGESTUTORS
    @LearnGUAGESTUTORS 11 місяців тому +12

    This is why the Rich Dad Company will continue growing. The amount of lives you're greatly impacting Mr. Kiyosaki! Be richly blessed🙏🏻🙏🏻

  • @mauricemckisset
    @mauricemckisset 2 роки тому +6

    It’s always good to see systems broken down and simplified.

  • @Oceans-rx4qp
    @Oceans-rx4qp Рік тому +1

    Really good fundamentals!! congrats to the team

  • @JavierXo5
    @JavierXo5 2 роки тому

    Fantastic session! Thank you!

  • @nocarbsnation
    @nocarbsnation 2 роки тому +2

    Great video and explanation. Wish I was in a position to do what Ken is doing!

  • @howtodo9320
    @howtodo9320 Рік тому +4

    just completed your book rich dad poor dad thank you so much for giving so much practical knowledge about finance love from India sir may god bless you

  • @nathanwebb2391
    @nathanwebb2391 Рік тому

    Best video I have seen this year! Thank you.

  • @thegoddessma
    @thegoddessma Рік тому

    47:52 team work makes the dream work ! Absolutely

  • @ericeverson5956
    @ericeverson5956 2 роки тому +6

    Great video. Tom & Dan were excellent & I learned a lot & things I knew were clarified for me. Thanks much. Peace.

  • @malDaniella
    @malDaniella Рік тому +154

    Well explained I appreciate 🙌 I can't wait to get started because people are really making a lot of money from it nowadays

    • @Thomasjovi8649
      @Thomasjovi8649 Рік тому

      I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work.

    • @kelvinH577
      @kelvinH577 Рік тому

      Current real estate prices aren’t high because they have been driven up by irresponsible speculation. As was often the case in the past. Prices have risen because a constantly increasing population with money to invest has been created - and continues to be created.

    • @jamescameron2357
      @jamescameron2357 Рік тому

      Nowadays era according to recent volatility, there is no other way but to re-invent heavily. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create,

    • @christabelanabel8073
      @christabelanabel8073 Рік тому

      Have been trying on real estate market for a long period but the honest truth much time wasted and I couldn't meet up with my economical expenses due to much time wasted by my clients which amounted to failures

    • @dreamstime4272
      @dreamstime4272 Рік тому

      Well said and I appreciate you all for the opinions

  • @JVerstry
    @JVerstry Рік тому

    Definitely worth watching end to end...

  • @happydantravels
    @happydantravels Рік тому +1

    I never realized just how much banking is. Thank you, Rich Dad!

  • @jakegokey1985
    @jakegokey1985 9 місяців тому +13

    I am 15 and my mindset is so much different then my classmates I know that school is a waste of time and I know about e-commerce and how to be an eunturpernuer and how to make money work for me and I also know marketing and how to sell and I still can’t wait for all the stuff I have to learn. Loved the vid thanks

  • @FatimaFarasha
    @FatimaFarasha 2 роки тому +4

    Question (loved this conversation). I'm partnered on a multi unit and I want to pull my money out of the partnership to purchase another property on my own. Is there a way to do this without having to pay capital gains and/or depreciation? I'm asking because the property isn't being sold I'm just pulling out. A consultation would be great!!

    • @javonmanuel4102
      @javonmanuel4102 2 роки тому

      You would be selling your ownership or stock in that asset and have to pay tax

    • @FatimaFarasha
      @FatimaFarasha 2 роки тому +4

      @@javonmanuel4102thanks infound the answer which roll it into another investment property so that I don't have to pay capital gains. 😉

    • @JohnHandle-
      @JohnHandle- Рік тому

      i'd think you'd have to find someone willing to buy out your stake.

  • @workwithjohnd
    @workwithjohnd Рік тому

    Great information. Must watch not only once, but 1000 times.😎👍

  • @kauansilva5653
    @kauansilva5653 Рік тому +1943

    To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

    • @Jamespearson698
      @Jamespearson698 Рік тому +1

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @CraigMitchell376
      @CraigMitchell376 Рік тому

      I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.

    • @KalebWhite816
      @KalebWhite816 Рік тому

      @@CraigMitchell376 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

    • @CraigMitchell376
      @CraigMitchell376 Рік тому

      My advisor is ‘’Laura Marie Ray’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

    • @tylerlambe9377
      @tylerlambe9377 Рік тому

      @@CraigMitchell376 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @ramtinrezaniya1848
    @ramtinrezaniya1848 2 роки тому +19

    Special thanks to Rich Dad Team. They have been the most helpful so far to me. The best part is they try to KISS as Robert says ( keep it super simple ) and they cover all that matters.
    I wish the best for you all and God Bless You. 💚

    • @whatsapp1210
      @whatsapp1210 2 роки тому +1

      GUILDLINE AND MENTORSHIP 👆🏼👆🏼👆🏼📥📥📥

  • @sammuchai4401
    @sammuchai4401 Рік тому +8

    This is one of the best educative video on Investing,Business and Money i have ever..ever come across online.Fantastic explanations and Tips.Quite refined for a clear picture especially if your are a businessperson or investor regardless of your location in this beautiful world.Thank you Team

    • @makingmelody52
      @makingmelody52 Рік тому

      I’m halfway through this video and thought the same thing after 10min in. This is incredibly transparent, and I feel envious of the students in the room.

  • @charleneflora3855
    @charleneflora3855 Рік тому +1

    Thanks for the wisdom, I learned a lot. I'm 27 just started buying land hopefully will turned it into an asset.

  • @imcavks
    @imcavks Рік тому

    Do you pay taxes on rental income form these properties or not?
    Do you pay EMI for your loan taken to buy these properties or not?
    Thanks in advance if you can include these points also.

  • @mundheral.askari3450
    @mundheral.askari3450 Рік тому +7

    Thank you very much for explaining how the financial system works. I’m grateful 🙏🏻

  • @stephenpalmer8982
    @stephenpalmer8982 2 роки тому +74

    With the current problem around the world today I think it's best everyone invest more in digital asset than
    Saving in banks and real estate. Just my thoughts

    • @terfastarik9698
      @terfastarik9698 2 роки тому

      True, imagine what will happen to the banks and
      houses in Ukraine due to the bomb blast from Russia, It's better to keep money digital no one knows
      tomorrow

    • @franknedu1957
      @franknedu1957 2 роки тому +3

      Speaking of digital assets do you mean bitcoin?! I don't think investing in bitcoin now
      is a good idea, i'm currently running on huge loss the
      market is crashing

    • @alexgorham7464
      @alexgorham7464 2 роки тому

      @@franknedu1957 this is more reason you should invest with an expert, even with the fall in price I make good profits weekly from my investment in bitcoin. Last week I got a profit of $56,000

    • @daothai5056
      @daothai5056 2 роки тому

      @@franknedu1957 digital assets are actually the best
      way to save money cause you are earning will you
      save unlike banks

    • @ulysseslargay1933
      @ulysseslargay1933 2 роки тому

      @@alexgorham7464 waw 😳 😳 that's huge, how do you
      achieve this huge profits from bitcoin I'm interested

  • @akshay0kumar
    @akshay0kumar 8 місяців тому +1

    Have a doubt, if somebody can answer.
    Flow explained in the video is :
    Take loan from bank and buy assets and save task.
    But how to pay back to the bank without setting the assets which again attracts taxes.
    OR if let say we but a house and rent it out that money also attract taxes.
    Can somebody explain the flow with example please.🙏

  • @georgeellis2499
    @georgeellis2499 Рік тому +1

    But how do you take out income from the asset? Because surely that then becomes income and thus taxable? Or am I missing a part?

  • @predator1820
    @predator1820 2 роки тому +3

    When these three rich dad talk, I knew I had to listen my brain doesnt have the doubt whether if it's a long Hour of videos, these guys experience are the best knowledge to aqquire .

  • @lareinajoy
    @lareinajoy 2 роки тому +4

    GREAT Video. I love the simplicity of the breakdown and the fact referencing of the history of the banking system bringing us all the way back present to 2022. 🤘👌 Clarity and quality information was delivered. Watching it all over again. 👊

  • @shermainecraigwell2492
    @shermainecraigwell2492 Рік тому

    Thank you for this.

  • @richardhizor5401
    @richardhizor5401 2 роки тому +1

    When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.

    • @richardhizor5401
      @richardhizor5401 2 роки тому

      I engage in productive investments (more of my capital in crypt0), through investing in *IDOs Launchpad Projects* and operating with an lnvestment ProfessionaI of an lnvestment firm, so far I've attained Returns over *$500K*

  • @poeticprincee9750
    @poeticprincee9750 2 роки тому +4

    I watch this and be like, there is no way this is real and they are giving this knowledge out for FREE! (By using UA-cam ads)! It’s freaking amazing!!!

  • @calebcliftonmastersefyroth6563
    @calebcliftonmastersefyroth6563 Рік тому +119

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.

    • @lucialuzgilosluz2114
      @lucialuzgilosluz2114 Рік тому +8

      Sure! Is a better way to counter this foreseen inflation, because all this wars everywhere are politics.

    • @suzannecraig6824
      @suzannecraig6824 Рік тому +1

      Living in one's "comfort zone" is a contributing cause to the plight of young people.

    • @patrickwalter5742
      @patrickwalter5742 Рік тому +2

      Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal.

    • @tinagottschallcunningham4691
      @tinagottschallcunningham4691 Рік тому +1

      @@samiraabubakar2963 they said when you invest little money you earn big,

    • @tinagottschallcunningham4691
      @tinagottschallcunningham4691 Рік тому

      Can't even imagine how it is possible

  • @cfree5119
    @cfree5119 2 роки тому +2

    Would be helpful to go through the tax implications on the sale of the property. This discussion defers them and you could in theory continually defer them but at some point will have to pay taxes on the sale, correct?

  • @reneaguilar777
    @reneaguilar777 2 роки тому +2

    Thank you for this amazing information Robert!!!