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.
FIND your way out the matrix people. Like his rich dad said “use what’s between your ears”. Here’s a link on how a man named Trevor Chapman turned a $200 startup into a million dollar business. https://youtu.be/afK18Mp4sYg #DoWhatYouLove
Sounds just like when Satan tried to negotiate that deal with Jesus . When he said " HEY ? Guess what?
You don't have to get beat up and stuck with them spikes to the tree !! All ya gattsta do is bow down and kiss my!?!!!!?? I will give you all of THiS!!??" And he shows him our big gay CHESSsstical board game of who's who and what's what? In this kingdom of ignoramus and
I'm 36 years old. I have no savings and nothing to show for my work over the years. I have no debt however. I've recently broken out of my socialist ways. Is it too late for guys like me to change things around?
He is a storyteller not more. After read over 30 investment books and finished my MBA in 2017, I decided to reread his Books "Rich Dad Poor Dad" and "Cashflow Quadrant". And the conclusion, he is just a storyteller. Ok to be fair some part inside the books we can call Basics, but even this would many know without even read a book about Business or Investing.
Also schools are important. But please don’t get into useless degrees like liberal arts or history. It has to be an education that teaches you a skill set that is competitive in today’s economy. Come on now.
" My goal is to never need a paycheck AGAIN !! " = My mind screamed YES YES YES YES YES ! I thought i was going crazy ! everyone around me is talking about paycheck, taxes, pensions, health care and stuf while i was there thinking about, am i really gonna work for others like a slave all my fricking LIFE ??? Thank you !!! you gave me the energy to move my f**in a** off my bed! Subscribe like and notification bell !
Getting a job is a loser? An entrepreneur or any business owners would be a real loser if they don’t have employees. There is no business if there is no workers and no consumers. People don’t buy if they have no jobs. There must be both sides.
Great advices, I appreciate it and learn something new about money. But it doesn’t change the fact that society is build to always have ranks, always will be the poor and the working class. I guess that is something the rich can always depends on, the eternal constant flow of the working class.
All cool and all as long g as nobody falls for any scammer with a rich Dad poor Dad book. They'll just make you sign a 40k loan for education that they don't teach in school. Maybe a rich guy wasting his time explaining his success to the poor makes more sense now.
In 1969 he was making $100,000 to 150,000 per year. He said that was a lot of money back then but not that much today. How is that possible? Did I miss something, somewhere? Where can I go today, right now to get a job to make that kind of money? This guy is either a space cadet or living in Lala land. With that kind of money and my money management skills I can retire in less than 5 years and live happily ever after.
Yea, really nice... if everyone will decide they want to be entrepreneurs there will be no one left to work for them, the world is built like a pyramid, there can't be rich people without poor people and the same goes the other way, the problem isn't with our way of life but with our desires, we will always desire the best things out there although in truth most of us live better than kings did a 100 years ago, not because we are richer but because the life is better today: there are cars with air conditioning, better clothes, better medicines, better education, better entertainment (tvs, gaming consoles, music...), better everything! the best thing to do with your life is to be the best in your line of work and enjoy what you have!.
Kiyosaki definitely has some good points but him talking about education is useless is like somebody pointing to Zuckerberg and saying if he dropped out of school and became a billionaire you can be a billionaire too if you drop out of school. Sure it CAN happen, but for majority of people they still need to go to school and get a decent job. Having a steady income is important too especially for people who don't have capital for investments lying around.
If you only have 1000 usd in your account how are you gonna invest your way to millions while still feeding yourself and paying for expenses if you don't get a job?
I was 16 when I first started listening to you. It's now deeply ingrained in me to the point of literally refusing to ever get a job. I never did and 16 years later, never will. I was able to leverage my credit by borrowing $125,000 at 0% interest through a company called LendingMatchup, I then used this credit to invest in 4 properties which I turned around and sold for $265,000 total. Since then I haven't looked back thanks to what I learned. Thanks for everything you've taught all of us over the years, You've become the Rich Dad of our Nation.
If you like to make money you have to be unique ...This guy or any rich people guru etc wont teach you shit empty words...Dont lesson shit lesson your mind heart and fallow and if you really want to be rich i guarantee you will...
getting a job is not for losers you got to start somewhere especially if you grew up without privileges like me, if you don't have nothing you got to work for money untell you can get you basic need then you can get assets, most people that talk about getting rich had privileges they only tell you how to make money with money.
The rich have what they have,cause they serve Satan and oppress people with witchcraft.The technology comes from the fallen angels and demons that inhabit brain dead corpses.NOT people with aspergers syndrome.The WRATH of ALL MIGHTY GOD is coming.
Only start entrepreneurship if you have nothing to lose (social reject with no perspective but with access to capital= optimal to start your business because if you fail, it's not like you would have got a job anyway and you get experience). A job is always safer even if you will never get rich.
So as a plumber with a "job", if it weren't for people like me you wouldn't have running water. You are a douche bag. Some of us enjoy getting up every day and giving back to society while earning a living. Some of us enjoy working hard. Clown
I have read the Book Rich dad poor dad , and it’s very intriguing and I’m eager to learn more from Robert Kiyosaki , my accounting knowledge is a bit limited ,well mainly because I’m a Science student but I’m working on it , my question is What does he mean when he says I use Debt to Buy assets ?
Robert, I respect your wisdom on finances, but I have to disagree on something: Trump tax cuts do not only benefit the rich. There were tax cuts across the board for big and small businesses AND poor and middle class families. You can see those details here: https://www.whitehouse.gov/search/?s=tax+cuts Ideally, we will see a flat tax and get rid of the IRS. Income tax, social security tax, and medicare tax are all being mispent on God knows what by irresponsible government that has no right to be that big and that deep in our pockets. The income tax alone was put into place quietly and sneaked into our economy by withholdings. You can't miss money you never had in your hand. Oh look, you get a "refund" every year. Boil a frog slowly. But I believe we the people are waking up! In God We Trust.
What if the majority was able to do this? Imagine what would happen to Infrastructure and needed high tech services etc. Also makes me wonder about Mike Tellinger's Ubuntu Movement. Interesting catch as far as the girl reading from a script. I thought her responses a tad inconsistent in tone. Never heard of a place that discourages firing!!!
Isn't this whole thing based on an exploitative system? I read this somewhere. It's what we've got so when in Rome... Still. The major red flag is, say, having done honest hard work for 30 years (say in the same industry) with very little to show for it. A single person with no major habits should be able to live comfortably no matter what kind of work they do (within reason). It's preposterous around here... there are maids who work for companies and who knows how much they make. But self employed maids get up to 50 an hour!! Point is that an employed maid (experienced in toilet cleaning doh) should - thus - be making more than what? 18 an hour? I've been landscaping for a long time and don't mind the work and being outside. But after so much time I still get peanuts having had to start (again) with various companies.
After watching the first few mins of this i am thinking of writing a book called Loads of ideas and no Answers.
First chapter. Quit doing anything.
2nd is realise it doesnt work then ask for your job back.
3rd. Too tired to finish the book because i still have to work.
All this has to do firstly on which is the scope of your life, not to be or not rich.
Financial independence is of course desirable but should it drive your life? is it your biggest goal?
Since we started agriculture, stop nomadism and barter, society has evolved in many ways establishing work, economic and financial rules, processes, behaviours.
Specialization in work is also a good outcome of industrialization so that in our relatively short life we can still achieve in groups notable results.
If you all want to work like the guy said, who builds the things you are supposed to buy and sell?
That's a very selfish attitude, totally egocentric, against society.
Nevertheless he's also telling a "true lie" :
1. economy as it is now is based on dominant people dictating the rules. Social class lifter being " normally " (american dream) available depending on your performances. In the 1960, '70 lift was real, nowadays it's jeopardized since complex scenario of higher population density, lack of resources, high performance technology in rich hands, lower ethics...
2. Participating, Supporting your society like a bee and following a more comunist/socialist structure is clearly in great opposition to the latest developments of point 1.
At the end we are talking about the never solved dilemma, the fight between 2 radically different approaches. Here even worst since this guy is proudly informing you about you being brainwashed since age 5.
Not all can be entrepreneur. We are simply made different.
As not all are Alfa in a wolf group, there shall also be beta, or sheep's in society (this is what rich people would like to say but cannot).
You think you are up to it? Then take the risk! Do it!
The girl..she's 80% brainwashed here.
The man: an insecure illiterate trying to compensate teaching life lessons thus feeling he's life means something.
From him however come also truth statements about lack of financial education in schools and, without calling for conspiracy theories this has to be solved.
I live in Africa and it is thanks to Robert that I became my own boss now and not to be exploited by other people or to realize the dream of someone else.
I am so grateful for the information you share.
Thank you, you are awakening the living dead
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Idiots like me.
We just speaking the truth. My dad forced me to go to school, not telling me the consequences after getting out. That's why I don't speak to him much now. If I ever have kids I refuse to send them to college. I still can't believe parents are making their kids go to college. It's almost like they want their kids to fail.
I don't understand how he has so much debt and isn't being hounded by the government to pay up. I can make a deduction by saying that he's the owner of several businesses and oil wells (and as such, adding to the economic bracket) but than why can't this be in favor of the average citizen too? (Considering the rich would not exist without the middle and lower class.)
There’s a reason some are rich and most aren’t. The financial world is almost like a success filter. Those with certain qualities can continue to move forward. While other get stuck at some point. These qualities are obtainable by everyone, but the majority will not change/adapt. Some people will not have intense motivation, perseverance, focus, or desire to learn. Therefore they will be stuck at a certain point in the filtration system of success. It takes patience and consistent action.
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.
What to do next.