"USA Collapse Is Far WORSE Than You Think..." - Robert Kiyosaki's Last WARNING
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- Опубліковано 24 кві 2024
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📖 Rich Dad Poor Dad by Robert Kiyosaki:
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Robert T. Kiyosaki is an American businessman, investor, and best-selling author. One of his most popular books is “Rich Dad Poor Dad” and it’s a great educational tool on the way to financial freedom. Kiyosaki is well known for revealing the truth about money and finances that they don’t teach in any school.
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I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’COLLEEN ROSE MCCAFFERY” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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 resume.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $200k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’TENLEY MEGAN AMERSON” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
When you were born poor , lived poor your whole life , and accept you will die poor, then life becomes very easy. It is the wanting , hoping , keeping ,and getting that creates unlimited anxiety. I am fine poor , was fine in poverty before , and will be fine in poverty in the future.Always got three meals a day , and always managed a simple place to live ---- somewhere. I will get by.
Well said. Only rich people are scared about the economy. Us poor people don’t have anything to lose😂😂
The ones that suffer in these tsunamis are the rich that can't survive on rice and beans. Well said, my friend. You're good. I'm good. Live life today, fuck tomorrow, after all tomorrow doesn't exist.
U say that only reason u got by is bcuz u are in the land of milk and 🍯
HHmmm food for thought... no pun intended... the poor mans food thought...
I live in a van and fine 🎉
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”-Thomas Jefferson
Funny how we praised Alexander Hamilton and he was the person who started all of this. Jefferson had enough foresight to see this.
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Very true. With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds.
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional passive income in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than “$600K” in dividend stocks through my asset manager and will continue to do so until the price falls even further.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
c
Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or markt condition, but such execution are usuallv carried out by investment experts or advisors with experience since the 08' crash
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.
this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
My three favorite channels: FREENVESTING, Stock Brotha, & How Money Works. Make my week complete. 🔥 🔥 🔥
I thought minority mindset was one of your 3 favorites. You’re such a clown.
Good luck to everyone ❤😊
I am pre approved to buy a house. Thank God I woke up before I signed a mortgage, biggest scam there is.
Mortgage = Death Pledge for a reason
A mortgage is fine for rentals
Creating money to give you a mortgage is not even a legal contract, because no money was exchanged!!..... its a yoke on your worth.
Soon you wont be able to even if you want to
So where are you living? With someone else who has, or had a mortgage? 😆😆
We already know and have known, none of us can stop it. All we can do is prepare
It’s been happening soon his whole life
It's pretty much here now
The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@noah-greeneI've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
‘Gertrude Margaret Quinto’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Great information but the music is too distracting offers nothing to the info.
It’s happening, but I forgot to buy toilet paper
Thanks for the reminder. I forgot, too.
😂😅
I didn't buy enough!😮
Excuse me if I don't shake your hand 😮
Sh eet gettin deep
where would i find this music ? Love it
The banks not only lend the money out to pay the interest on the money in the bank, they earn far more money than the interest they pay you. That money is loaned out overnight at interest and the overage is put in the corporate account diluting the value of the money you have in the bank. That is one of the ways that the value of the wealth is siphoned off the assets of the people. There are many more. Taxes are the nation paying back the banks for the money created in the Fed and there are many stages and levels of taxes on items that are manufactured.
I thought it was supposed to happen last year, and the years before that😂😂😂
They kept injecting liquidity into the system and have been doing so since '08..we have reached the point where the debt accumulated has suffocated the US economy, it's beginning to unravel NOW.
You don’t remember 2008?
What was supposed to happen
It was supposed to happen during covid. Stimulus checks kept us belly up which kicked the can further down the road.
There waiting its election year..
My concern with CBDC is that it is the future beast system.
Your implanted with a chip that you literally marked yourself with for the money.
Little do idiots know, that this makes them traceable, vulnerable, and dependent on a system that can 0 your funds
Also think, the image that learned to speak. Godspeed.
Comment was deleted. But basically I said "Your being Tracked".
It's a communist currency where the government will control everything.
Buy Gold. Buy real things.
It is.
Total power and control to Central Banks cabal. US Fed a private bank. Never to bankrupt unlike contry.
I am a simple man I bought 600 shares of Yellow Freight a few back and I found out first hand how to lose money they started reverse splitting my stock and low and behold in a few months I lost it all . I did get to write it off as a lose on my taxes. Learn as you go as they say. So now I keep my money in my drawer, it’s much safer there 🙏😃👍
Best way to double your money, Take your money out of your pocket, fold it, and put it back in your pocket.
Well kind of the money in your draw is becoming about 10% less valuable each year.
@@petristorres8647 Not if you keep adding money to the drawer
I started saving in Gold and Silver.
It’s gonna happen but we just don’t know when
Very, very soon like before 2025 soon
2024 European countries will combine there capital together, therefore the Usd won't be worth a wooden nickel.
Soon, latest 2027
The problem is debt. Everyone is in debt. Now people can't afford the debt because of inflation and less work and less consumers. As long as the fed keeps spending inflation will continue.
I don't have debts. My husband does not have debts. I don't even have a credit card
I am not in debt. NEVER borrowed, even to buy homes.
Great episode! 👍
Why the irritating music?
Background music sucks.
Why the A.I voice? 😏
They want to scare and stress you out with the effects
Yes. To scare you! Oooooooo!😮
I love you Guys Thanks for everything!!!! George Gammon is one of my Alll Time You Tube Favorites Just Love Georgie!!!! ( still not as cool as Bob Ross but still pretty cool!!!! 😂😂😂😂 Editor lest cut to the internet!!!
Fed give fiat and want payment in gold. Or your endentured servitude as collateral
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Smith
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
You trade with Kimberly Smith too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
she's mostly on Telegrams, with the user name.
she's mostly on Telegrams, with the user name.
And money means nothing because God’s kingdom is not for sale you never needed any of it
Although I agree, we still have the parable of the talents, and many many more lessons about wealth and money in scripture.
How much does a Shroud with no pockets cost?
@@jerryhigdon62 Talents doesnt have to be moneys.. spiritual abilities is implied..
@jerryhigdon62 It is using the talents symbolically for someone working hard for God's kingdom. Nothing to do with money or gold.
KOLO News says Tesla is going to lay off another 700 workers in Reno, NV this June, in addition to the 2,000 laid-off last month there
What's the music used for this?
Lite som en vän sa till mig under 2021 och 2022. Detta är nog någon form av själv. Sanering??????
So what should we do?
Yeah, been hearing that for years. Eventually you will be right.
A recession started in 2022. It's been happening
I dnt think they are going to cut rates.
3 months it all collapses and gold nor silver will save you
I hope you are right, but might take a bit longer....
gold and silver have always been money, the only other thing is stored food. Hopefully your nearby water source is drinkable.
The bible states people will throw there gold and silver in the streets, I do have a lot of it but when it goes down it's over. I give it 3 months Florida is already in trouble
@@markae0yes the large water tank is FULL
What about crypto ?
What should we do now?
Buying gold will safe us?
Give us solutions that may help to save our money from economy sunami.
You are in what's called hyperinflation. Either you need to keep up with this inflation or you need to move. To keep up you need assets like homes and stocks which are going up in value. This way you can keep up with inflation. If you cannot do that you need to move to another country where you can live better like my country Thailand. If you cannot do that you need to make enough money somehow......
Now that they know you know that they are going to do the most
I don’t know about Kiyosaki. I never read his book but it sounds interesting
2 questions
You are insinuating the dollar will ultimately collapse yet you have a high cash position
You talk of crypto being Orwellian-esque in tracking you, yet you buy bitcoin?
Seems like a contradiction maybe?
Or did i miss something?
Before the fiat completely crashes & we have runaway inflation, there will be opportunity to use it to buy real things, like land & other assets. A severe recession first, then worldwide depression & paper money being no better than toilet paper. Get rid of the toilet paper money before it gets to that point.
promissory note is deposited by the bank into an account and is treated as an asset with equal liability.
I would say our problem with central banking went back over 400 years to Copernicus, when it was decided, the model of earth, and the cosmos had to be infinite, but available, for a system of endless growth to be anything but suicide, for those invested in it.
Is it true that it's getting difficult to withdraw cash from the bank in the USA ?
I don’t have any issues getting my cash out of the bank. I’d say no it’s not true
Yes
@@thatfishindude5459 How much at a time?
It depends on how much.
3000? Probably fine.
You wanna take out 20,000 even with proof of where your spending and stuff, you might not get it. But if your in a small town you probably can.
It just depends on where you are. Small town or Big city.
But yes, they won't let alot of people withdraw big amounts l.
Been there done that AND still she rises...❤️👀👂👂✨❤️
Should i invest in silver??
Yes. If gold is too expensive for you, start stacking silver coins. I like American silver eagles.
Second vote for eagles, for two reasons. First they're easily recognizable and command a better price. Second, they're more liquid. I can see paying for gas using silver eagles, but I don't see standing at the pump scraping the edges off of a 1 Oz gold bar.
The obvious downside is that silver is bulky. Right now Walmart is offering 20 mixed ASEs for $650, or about $33/Oz. 60 ASEs (60 oz) are worth about the same as a 1 Oz gold bar (I was very liberal in my usage of the word "about").
A second disadvantage is that silver is an industrial metal and subject to commercial silver market forces.
United States Junk silver dimes, yes!
Some one can steal it from you.
This has to be George Gammon, The Rebel Capitalist, talking to Kiyosaki. Lynette Zhang is the one missing in this conversation.👍🏽💯🔥
whatever u saying last 5 years i don care my $ buy position day by day up up
5 years? Do you mean since 2008?
The can has been kicked along to its breaking point.
The government has diluted everyone's cash savings. Silver and gold don't get diluted in the real world. Only information on a screen does that.
I feel bad for anyone else who listened to Robert in the past. I lost a lot of money 10-12 years ago after basing investment decisions on his book. Since then I just invest more in stocks whenever I notice him popping up on social media.
Some really great points and a first class guest! I appreciate the wisdom of the ships absorbing the tsunami but the land ‘does not forgive’. Excellent thinking. Thank you!!!
Money is Vvannitty
It’s going to be Survival of the fittest 💪🏽
It's gonna be crime infestation. What are you talking about? 😂
Military Vs Citizens
And even the military will be doing upwards of 20 war crimes a day per person
How do we prepare for this, if the US dollar is bad to keep and store in large amounts, I feel silver is the best investment for a secure financial asset when the dollar and country’s economy collapses.
screw reserve currency state_us,.,,
gvt buying fed res notes w T bonds is what runs up the national debt
demand end of deficit spending
As the haze begins to clear.. We are ALL about to get a full dose of REALITY!
Glad i already spent all i needed for fun stuff!
Alex Jones said banksters years ago
Anthony Hilder and Jordan Maxwell said it before that! Long time coming.
Buy gold and here’s why.. if and when we are switched to a digital currency - think about you ordering some gold from an exchange and when you go to pay them, you aren’t allowed.. pretty scary
If we go to digital, you won't be buying gold.
That shit'll be worthless too until you put it where they want it.
I mean what are you gonna spend it on.. That they aren't keeping track of.
@@user-pu2ho4ip3d I agree that it’ll be worthless in years to come.
It’ll be like the rotary telephone.
@@user-pu2ho4ip3dyou don't think it would be a local undercurrency?
We're going to need something to trade with. I'd like to see the small gold & silver rounds become available Quickly!!
@@enzosacchetti2941 They are not making any more gold WTF?
@@markae0 there is an endless supply as you must know.. gotta just have some.
Fear is make you go into a fishnet. Who make you go to a fear would finally cause you be in net.
I heard this back a year ago. But yes makes sense.
ron paul wrote end the fed.. nobody listened...
at least nationalize the fed to stop the debt... now $35 Tn
Annoying background music wtf
The thing is even if we crash we are still better off than any of the bigger countries. 😊
No you just get fkkd harder and everyone else slowly follows behind. Your so called bonds and treasuries are going to flood right back to the US and you lose that every day of the week.
It was supposed to go south in 2015 also!
Never heard that. But it's already south they're just not telling people. A recession started in 2022. It's going to get really bad soon
The ? Is how do we live pass 100 too see this really happen without blood being shed for all humanity
Please remove the music: it is a distraction.
Kyosaki had his day. He called the stock market to be worthless present day. Well, it’s far from worthless the DOW and NAsdaq.
It’s worthless.
Itsnot what it's worth now.Its just when it goes,it's gone.Take your money outta the bank and buy gold
Even gold and silver won’t have value at some point when food is scarce. Buy non perishable food. Get ready to barter stuff. Grow food if you can
All food is perishable. I had a big bag of rice in plastic and sealed, I opened it and it was infested with mites. I had to throw it out. Canned stuff lasts two years they say. People will move out of the city, the opposite of the past 100 years.
I think that is a VERY wrong conclusion. People will flock to things that have durable, intrinsic value. Gold and silver have filled the bill for millennia.
When greed gets to high businesses will fall.
I guess you are right about decline of the US as the world dominating power and collapse of dollar. But I think what you don't understand that all this is not an obstacle to 'free market capitalism', but a direct RESULT of it. And this is not some sort of temporary recession or depression, this is the crisis of the end of capitalism (you may hate it as much as you wish, but this is what it is, I'm sure). The global economy came to the point where it simply can't sustain the standard of living which North America and Europe see as 'god given right'. Too many people chase too few goods and this will inevitably lead to pivotal change in distribution of the wealth. Sorry to disappoint you...
?Better to pay off house Now if we have it in the bank?? If depression hits & lasts for years, will the state take the property for owed property taxes??
🏡price will go down to many for sale on the market...
Don’t focus too much on what you can’t change. Focus on what you can buy silver buy gold buy platinum and hold it. It’s good anywhere in the world!!
Thinking he helped cause it.
Not falling at all, equality interest accordingly
Empire falling about to witness
They are explaining the basics of the bank system like it's a problem... it's always been like this...
the music gives me a headache
I promise it will happen next year, ok if it doesn't happen next year, then the year after, or maybe after that, you have to be patient!
Money was designed to make you proform a Task at a Rate witch you agree too real hustle become the task
XRP
Charlotte Miller advised me in some stocks I purchased a little bit those stocks were losers my very own stock picks accelerated I've been in this game for a long time quite a few of my stocks have quadrupled in value but Charlotte Miller's went to zero
The FDIC insures "UP TO" 250,000.
The mistakes people make is to think that money is value, but economics is not about money but people, supply and demands now more people is not drawn in to works so capital gain is becoming false wealth, remember money is basically is a IOU note and base on trust but foundation of a economy is people and when people loos the will to work it's like a circulation stop flowing as blood stop flowing in the human body it will collapsed eventually.
Liability from a 🏦 bank means the bank 🏦 owns that paper even when that paper is in your hands??🤔
If the fact about the FDIC having $200bn while the total deposit in America is $18trn, then as a US citizen you need to hold cash going forward.
You need to.
Unless they deem it useless or inflation eats it up.
Gold and bitcoin..
It’s sad I have an awesome union job but I’m only ALLOWED to work maybe 4 times a month. Since I lost my SECOND JOB I can barely afford to drive to the first
China is in economic turmoil right now. How does that impact BRICS?
Sweden already does this. You can't make any major purchase without supplying your social number. You can't even get a TV subscription without having. to give it. It's the new normal
People do not realize that the game is over there is no progression there is no next year economy😮
Orwell made a transposition error. It was really 1948!
Just live life. Who cares about tomorrow, tomorrow does not exist.
Sure, they say those thing more then 12 years. And still norhing is happening.
money is soft control.
military is hard control.
both are different methods but equally powerful.
We should have debt
I want to know why with a debt clock near 35 trillion, why they continue to spend out of control. It's like they know something is coming and just don't care.
I will not comply
This guy has predicted 50 of the last 2 recessions
Hi
What we are usa
each year about crises, because it is very popular with people. You can't understand that democracy from Greek times did not collapse and was best for people because it accepted differences and we people are in it; it gave us the ability to build from nothing in debt, but that's why we do have better environmental comfort. I do not agree with it; gold is not flexible, currency could change, but it's more relevant because of that currency and more products produced based on eco. OF course changes are inventable even in DEMOCRACY needs to change for better
Crazy, CRAZY, Aloha!
The absolute best investment is a garden and some animals you can't EAT ANYTHING ELSE !
1960 ..... said " During the Great Depression my daddy smoke-house was always full " .
@@obbiebeal3060A lot of people survived due to skill with a single shot .22 rifle.