Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
If i didnt go to school i would have ended up as a store employee. BUT thanks to education im working as a Technician now. Robert Kiyosaki are you day dreaming about how everyone can get super rich? You are talking about the 1% of the worlds population to get rich. 99% still have to work or apply for it.
they fail to inform the uninformed that not all people are suitable to do business, some are better off doing professional job, it is just as lucrative without the risk. Holding onto the high paid job requires as much effort as doing business.
So you're good at stealing from taxpayers. You should know from history, that no tax leads to no public services like education, health, security, and then what you're left with is theft, prostitution, anarchy, revolts, and heads rolled (the all-feared french revolution). Both the founding fathers and the brit crown knew this, not sure about today's political figures.
So all the employees who make money for corporations and keep society working are losers? You haven't thought this through because we can't all be leaders, entrepreneurs, managers etc. Those people only make money by employing many people on modest salaries, so why call them losers when they are a.essential and b.create most of the wealth in society.
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.
This is my 30th year working in a job and up to now I’ve worked for 7 great nominated companies with all that bullshit “best place to work and bla bla bla” but I remain poor and counting every penny I have and I remain always afraid of loosing that job.
What I have learn is that a job have been made by the same criteria of schools they want to control a mass of people to work for them the entire life receiving the money enough just for surviving, so resuming you are a slave who have bee brain washed to believe you’re not a slave.
I felt miserable every single second of my life
So where does he get his money from if he doesn't receive a pay cheque? Receiving money through property/investments is still a pay cheque one way or another...he's still trading something for money. Gold ...oil....or whatever. And he pays no tax?
And how did he pay to afford oil wells/gold/real estate?
The trick is figuring out a business that MAKES you money and building the credit to be able to take out a substantial amount of debt to buy real estate.. then buying the right real estate and hoping the market doesn’t crash when you have 12 properties in your name.
Fuck the school system. I'm a trader, and I didn't even know I could get into finance until I left college. Corrupt piece of shit program trying to keep slaves AS slaves. I AIN'T ONE. Thanks, gotta run I'm busy.
~go to a mountain~settle in a cave for nine years and become the first one to find ZEN* and leave all the obstructions in life alone to all that still live unconsciously asleep~that is Bodhidharma~that is where one wishes to have~
When you have a family to feed you need a job,the problem is wages and workers rights are not fair and profits are put before people, if there is no middle class no one has money to buy goods and services which make the economy tick over which will even effect the rich in the long run.This cycle of greed needs to stop.Just look at all the trouble in france right now.Your money will not save you when the world falls to shit we will all be fucked together.This is because the rich need to squeeze every cent out of society to the point where people can no longer survive and feed their family and get an education.Western society is built on a strong middle class and to destroy this is basically committing long term economical suicide in the name of personal greed this is going to be the downfall of democratic society, remember democracy?the needs of the many over the needs of the few.Not everyone wants to be rich most people are happy and content with middle class life and are not greedy pigs.
1) Raise FICO score to 720 or better.
2) Take loan or high limit credit card
3) Use loan/credit card to start business, buy property etc.
4) *Manage Cash Flow*
5) GET RICH.
p/s don't keep money in a savings account, invest, study, research, invest, study, research, invest, REPEAT.
What he doesn´t explain is how he started, from nothing to being a millionaire. Seems pretty easy to tell about not going to school, bla, bla, bla, but, give me an example of how you get started, with how much money in your pockets,etc. Lot of millionaires talk about they were poor, they didn´t have nothing, and suddenly they become rich, in months or a few years, but nobody tells me how to do that. To make money, you need money to invest, that is a reality. Nobody makes money without money, from nothing, except Steve Jobs, or people like that, who has a brilliant idea, but he went to school, and what he studied made he what he was.
In my observation in seeking for a job its the best of the best they will hire a person you might have a PhD,etch you really have an x factor thing to land a job, education first,and having virtue ,good reputation and a luck some people are born lucky,
"The rules are written for the rich" -Yeah except for the fact that the rich pay the overwhelming majority of taxes and everyone making under 30k a year is getting more back from the government than they pay in taxes.
He’s not saying to never get a job. You should get jobs for the experience that you can apply yourself. He’s saying you shouldn’t be satisfied with just paychecks. Hence, acquiring cash flows via real estate, your businesses, and commodities. You can be in all four quadrants and be financially free. (E, S, B, and I)
The Golden Rule is the balance of debt.If all the people used debt nobody would have money to borrow them. Despite the fact that getting in debt needs to undertake the risk, to live with the risk of paying back there are also international implications.Today every country is in debt, to who and until when? This by itself creates a time period where debt dictates the investments that run. The logic of debt is the string that holds the "puppet" which is human creativity through knowledge, technology, entrepreneurship and with some way is organised by some companies.
And I hope that this will not end with a tragic way: the worst case scenario-that happened before-in the past, a war. The Golden Rule pflife would be a society with happy people with no debt.And you can consider which are the dimensions of happiness.
Well I still want a job because I've never had one. I still live at home, no rent, no bills no responsibilities so if I do find a job, I can just stack money while thinking of what I want to do. Who knows, 5 years later I'll be 30 and have saved up enough to get a place downtown, rent it out and get a bit of extra income.
How can someone work for this guy after this? It's sad that he thinks that the only think is important is money, if people didnt get a job probably we wont get the most of the things in our lifes like smartphones
The Rich life we deserve? Interesting concept however I already know how the monetary system works and it is pretty much a theft by inflation scam. I save in gold and work a relaxed job as an Electrician. I don't even spend the money I make and live far poorer than I am by choice as material wealth just simply does nothing for me. I like to read non fiction mainly ie: learning... Using my time to make profit is to me a waste of my time... Instead I prefer to ponder the meaning of life and understand how things work etc. Monetary system is easy as it is not at all complicated. I figured out it was a scam by 20 years old as is party politics and many of the things people seem to just except. I find this guy to be petty and arrogant in assuming everyone wants money and measures a person on wealth. I don't even consider wealth in my measure of people. He will die and be forgotten like everyone else and will be as poor as everyone else as he rots in the ground. No this whole having more than you need thing is what makes humanity the scourge it is. I just live below my means save about 70% of my wage and keep it in gold mostly to keep it away from inflationary theft and live a life of trying to understand what life actually is and many other things. From what I have learnt so far making money and being rich are not the reason for life nor in the long run will they enrich our society. People who spend their lives trying to be and bragging about being rich are actually losers to me. Petty, self serving and short sighted. But whatever floats the boat I have no envy or hatred toward the rich merely apathy. The are just there is all. And then they die.
Business Schools educate people about money, but they don't teach people how to make money. Also, If I was born poor, how can I get a $1000,000, which is nothing nowadays, to buy a house/RE/businesses? Poor people stay poor and rich people are getting richer, because the poor people don't make the rules. Problem solved.
I don't know how we need money to survive. We all strive through bad habits to stay alive we all do bad things to stay alive theirs more bad on this planet than their is good. We can change that bad to good but. Theirs one thing stopping us from progressing. Money. How can rich people rule when everyone who earns a salary rules your family. Rules your TV. Rules everything to food. If we didn't rule. We would be able to live free plant free food grow free food for every over populated person in country's. But money rules that's why their is pore. That's why the system is designed to put us in poverty. To spread cancer around the world and buy foods that are bad. This war will never end. Their is only one revolution. That's FREEDOM FOR EARTH
I simply came for the comments. Truly can say when will we go back in time. Prevent future from dying. When will it happen. Untill we stop going to work for the government. Reptilian. The people are only going to progress into the future if we go back to our old days of survival. What we have been taught now. We can use it to survive. It's that simple and their isn't no harm.
The thing I’ve always wondered is how to pursue investing without some combination of money and time. Otherwise you stay in the rat race. Who is going to support you for months or years until you figure out how to invest and be profitable?
The funny thing is, if you start a business you need employees!..hmmm, so if we all followed his plan then what would he do then? I guess he knows not everyone is going to follow his plan. I do find this interesting.
I had that question too but then I realized: "hey, if less than 20% of people get this, then, by the time I build my company, I won't have a problem finding people with employee-type mentalities because over 80% of people think that way" ¯\_(ツ)_/¯ but yes I guess if "everyone" would follow his plan then there wouldn't be "employees" but given the statistics, we are safe ;)
With everybody financially free and well off, the way he states it, hyper inflation, and monetary crashed would become rapidly evident, money spiralling to worthless exchange. This is the nature of money,it must have economic slaves, and he knows this, you buy his book and buy into his philosophy, it's one of the many cons hitting town these days,what about the fact they pull the economic, then spending stops and so does your business, it's a con, what we need is the luciferians which controll the public purse, the cabal,global mafia to end, human nature is the biggest problem because it posses no heart at all only mechanical calculations which fall apart just like this world has.
I’m 18 and I’m kinda lost can someone explain this in better detail for me . How did he get his first large amount of money ? How is he $ 600,000,000 dollars in debt while still bringing in all this money
Robert Kiyosaki is highly informative, though I wish he would touch on the third option in life that I feel slips right by many of us, you can commit grand larceny or pursue a career as a prostitute/drug dealer in the street scene and lead a very fulfilling life
Work out if you need to pay.
When you know your gain you need to work out if you need to report and pay Capital Gains Tax.
You may be able to work out how much tax to pay on your shares.
the same type, acquired in the same company on the same date sold at the same time.
sold other shares in the tax year sold other chargeable assets in the tax year, such as a property you let out claim any reliefs are a company, agent, trustee or personal representative.
Reporting a loss.
The rules are different if you need to report a loss.
Fifth most actively traded share.
Market capital of DKK 206 bn.
Shareholders by geography.
Rest of Europe etc.
Ratings from equity analysts covering the Danske Bank share and consensus earnings estimates.
Selling in special circumstances.
shares you bought at different times and prices in one company shares through an investment club shares after a company merger or takeover employee share scheme shares.
Jointly owned shares and investments.
If you sell shares or investments that you own jointly with other people, work out the gain for the portion that you own, instead of the whole value. There are different rules for investment clubs.
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