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

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The Rich Dad Channel

The Rich Dad Channel

Күн бұрын

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
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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.

Пікірлер: 2 600
@kaylawood9053
@kaylawood9053 Жыл бұрын
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 Жыл бұрын
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 11 ай бұрын
Stock is taxable
@CJ-222
@CJ-222 2 ай бұрын
Oh no, your shameless spam bot comment got deleted. Womp womp 😥
@lesstalk1316
@lesstalk1316 Жыл бұрын
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 😊
@cuddyb9631
@cuddyb9631 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@@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 Жыл бұрын
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 Жыл бұрын
@@instinctively_awesome8283 the media reports what economists and their models and formulas say. The media doesn't just make up a number.
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
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 Жыл бұрын
*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 Жыл бұрын
Everyone tells you to invest but noone teach you how and where?
@chadmulligan5629
@chadmulligan5629 Жыл бұрын
Crooks and scammers ^
@dylanmoris6211
@dylanmoris6211 10 ай бұрын
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 ай бұрын
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 ай бұрын
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 ай бұрын
@@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 ай бұрын
​@@LionTowercoporation cringe
@loiscashner6567
@loiscashner6567 Ай бұрын
What does buy the dip mean??
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 ай бұрын
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
@erikacristina9567
@erikacristina9567 11 ай бұрын
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 ай бұрын
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 ай бұрын
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 ай бұрын
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 ай бұрын
You can reach her through TELEGRAM
@tishadin752
@tishadin752 11 ай бұрын
Katrinasusan is the name to look for
@HattiesburgGaming
@HattiesburgGaming 2 жыл бұрын
Pink Panda is the one to pay attention to, their Founder just had an interview at Nasdaq!
@cesarg4
@cesarg4 2 жыл бұрын
Really professional and trustworthy dev team with an incredible product. Bullish on PinkPanda!
@smokehf
@smokehf 2 жыл бұрын
Wow Nasdaq making moves. Pinkpanda will be huge
@bigbelly2692
@bigbelly2692 2 жыл бұрын
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.
@susannabruemmer3683
@susannabruemmer3683 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
who would you recommend?
@presley492
@presley492 Жыл бұрын
*TERESA JENSEN WHITE,* That's whom i work with
@marksarah4486
@marksarah4486 Жыл бұрын
Tomorrow is near, yet so far away. Choose this day to love unconditionally, and be happy within
@marksarah4486
@marksarah4486 Жыл бұрын
Richard A . Blair Fx
@marksarah4486
@marksarah4486 Жыл бұрын
OR Instagram
@marksarah4486
@marksarah4486 Жыл бұрын
He will guide you through the process of investing
@AbubakaCalo
@AbubakaCalo Жыл бұрын
@@marksarah4486 This man changed my life through his platform and I'm still making profits from him platform
@AbubakaCalo
@AbubakaCalo Жыл бұрын
I make over 30000USD on my weekly trade with him
@unclebig2233
@unclebig2233 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@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 Жыл бұрын
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 Жыл бұрын
@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 Жыл бұрын
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.
@LearnGUAGESTUTORS
@LearnGUAGESTUTORS 10 ай бұрын
This is why the Rich Dad Company will continue growing. The amount of lives you're greatly impacting Mr. Kiyosaki! Be richly blessed🙏🏻🙏🏻
@avaharris3433
@avaharris3433 2 жыл бұрын
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 жыл бұрын
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 жыл бұрын
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
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
When you invest, you are buying a day that you don't have to work.
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred Crypt0 investment, but you will need a professional guide on that.
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred you can reach out to him now on FB 👇
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred Mark J. Ramsey
@alexyoung3126
@alexyoung3126 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@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 Жыл бұрын
@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 Жыл бұрын
​@@stephaniestella213 AGBAPPCZ
@k.t.1594
@k.t.1594 2 жыл бұрын
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 жыл бұрын
Reading the book brought me here. Such valuable free content ..
@MegaSMARTTUBE
@MegaSMARTTUBE Жыл бұрын
Yes it is , so valuable.
@amencal
@amencal 2 жыл бұрын
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.
@rickonethousand6304
@rickonethousand6304 2 жыл бұрын
S.C.A.M.M.E.R. 👆👆👆
@tvb4227
@tvb4227 2 жыл бұрын
Now this is what a 1 million course look like in only 50 minutes :D Thank you.
@deendistel853
@deendistel853 2 жыл бұрын
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!
@chanakyaisalive505
@chanakyaisalive505 Жыл бұрын
No captions, clear instructions. Amazing 👍
@dubbahco
@dubbahco Жыл бұрын
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?
@erichkraetz2622
@erichkraetz2622 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@@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 Жыл бұрын
@@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 Жыл бұрын
@@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 Жыл бұрын
@@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
@spartaqus3284
@spartaqus3284 Жыл бұрын
This is single-handedly the most valuable and educational 50 minute video on KZbin.
@bobabar19
@bobabar19 Жыл бұрын
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".
@Stanleytucci819
@Stanleytucci819 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@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 Жыл бұрын
@@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 Жыл бұрын
@Scarlett Bell you need a mentor.
@ibra8372
@ibra8372 Жыл бұрын
I don't know who really needs to hear this, you need stop saving money. Invest some of it, if you really want financial freedom
@JulioRodriguez-wz9rh
@JulioRodriguez-wz9rh Жыл бұрын
I agree with you. The way to increase wealth and stay rich is to invest. This is the secret of how the rich keep getting rich.
@jasonwarner1767
@jasonwarner1767 Жыл бұрын
Based on my personal experience, you need the help of aa professional investment advisor and manager to make consistent profits in any market to avoid fatal losses when doing it yourself.
@tracysilvers4310
@tracysilvers4310 Жыл бұрын
These days trading is easily more profitable than real estate..it provides steady and significant side income
@angelinagomez7851
@angelinagomez7851 Жыл бұрын
@@tracysilvers4310 Are you an expert, how can I get in?
@charlessmith3489
@charlessmith3489 Жыл бұрын
Now is the best time to remind y'all, investment is key!If you don't manage your funds, one day you're gonna wake up to nothing.
@frederikkannegaard2624
@frederikkannegaard2624 7 ай бұрын
This education is way better than both gold and silver👏 Thanks so much for sharing with the world🙏
@williamyejun8508
@williamyejun8508 10 ай бұрын
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 ай бұрын
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 ай бұрын
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 ай бұрын
@@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 ай бұрын
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 ай бұрын
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.
@willbaack7997
@willbaack7997 Жыл бұрын
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 Жыл бұрын
Feels bad, good thing I’m learning financial literacy at 22. Cheers mate 🍻
@lifealchemist11
@lifealchemist11 Жыл бұрын
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 Жыл бұрын
Banks write the financial education curriculum for public school haha
@Rusty2.0
@Rusty2.0 Жыл бұрын
Financial slavery my friend. Government wants it that way
@foodforthought73
@foodforthought73 Жыл бұрын
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
@POSITIVEMILLIONAIRE
@POSITIVEMILLIONAIRE 2 жыл бұрын
I don't know who Needs to Hear This but " Greatness is often built when no one is watching ". So don't give up and keep going
@lezliewhicker8450
@lezliewhicker8450 2 жыл бұрын
Rightly said! Well, I also want to be a millionaire this year and really need more smart and positive ways to invest to archieve this goal🙏
@davidhudson3001
@davidhudson3001 2 жыл бұрын
Lookup Christine Lynn Saitta
@lezliewhicker8450
@lezliewhicker8450 2 жыл бұрын
This is fascinating to hear that someone here also employ madam Christine's services. She has been managing my investment
@dr.ervingalen1777
@dr.ervingalen1777 2 жыл бұрын
I also listen to a CNBC news host spoke so highly of💕Christine Lynn Saitta and her loss prevention strategies
@investorwest8735
@investorwest8735 2 жыл бұрын
Investment now will be wise but the truth is investing on your own will be a high risk. I think it will be best to get a professional👌
@maurenhanders437
@maurenhanders437 2 жыл бұрын
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 жыл бұрын
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 жыл бұрын
@@henrypopkong401 what I think what you need is the right coach and trading account manager to skyrocket your profits daily .
@henrypopkong401
@henrypopkong401 2 жыл бұрын
who would you recommend ???
@alishakurszewski-hoskins5002
@alishakurszewski-hoskins5002 2 жыл бұрын
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 жыл бұрын
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..
@rizo9714
@rizo9714 Жыл бұрын
Som much information ..in this channel...to make u rich...thankyou for teaching us ROBERT KIYOSAKI..
@bfrances2354
@bfrances2354 2 жыл бұрын
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!
@davidvillena8432
@davidvillena8432 2 жыл бұрын
Thank you all rich dad team for the knowledge you share
@malDaniella
@malDaniella Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
Well said and I appreciate you all for the opinions
@alphonsewabianik9251
@alphonsewabianik9251 2 жыл бұрын
Never thought I could learn so much within an hour, thank you .
@yung1448
@yung1448 2 ай бұрын
Robert Kiyosaki is beyond amazing. “How to attain success”
@yung1448
@yung1448 2 ай бұрын
Making money is action, keeping money is behavior and Growing money is knowIedge.
@yung1448
@yung1448 2 ай бұрын
I am fortunate I made productive decisions that changed my finances (accumuIated over 1MiI in 2years) through my financiaI coach. Bought my 2nd house in January, and hoping to retire at 52 by next year.
@yung1448
@yung1448 2 ай бұрын
researvh the name, if you care.
@yung1448
@yung1448 2 ай бұрын
*Rebecca Martin Watson*
@sarahfletcher01
@sarahfletcher01 2 ай бұрын
l’m amazed to partake on this, lt has rekindled the fire to my goaIs.
@kauansilva5653
@kauansilva5653 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@@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 Жыл бұрын
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 Жыл бұрын
@@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.
@proinfohub7272
@proinfohub7272 2 жыл бұрын
This is one of the most valuable real estate education I’ve seen and it’s free for that matter. In less than an hour, you’ve explained how the Real Estate investment works and I’ve always wanted to go into real estate but the full education just wasn’t there. Now I know what to look for which is the perfect property, you already showed me how to get investors to give me the money down and how to get it back to them. This is just tooooo much for Free. God bless the whole team at Rich Dad 🙏🏻
@stephenpalmer8982
@stephenpalmer8982 2 жыл бұрын
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 жыл бұрын
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 жыл бұрын
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 жыл бұрын
@@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 жыл бұрын
@@franknedu1957 digital assets are actually the best way to save money cause you are earning will you save unlike banks
@ulysseslargay1933
@ulysseslargay1933 2 жыл бұрын
@@alexgorham7464 waw 😳 😳 that's huge, how do you achieve this huge profits from bitcoin I'm interested
@rishabhfalke4652
@rishabhfalke4652 2 жыл бұрын
I'm lucky that I find this at such a young age of 25. ❤️
@JPJ432
@JPJ432 2 жыл бұрын
Scam
@Daevus
@Daevus 2 жыл бұрын
Yeah this is a scam account lol how stupid you gotta be 😂
@rudrakanti89
@rudrakanti89 2 жыл бұрын
been watching since I was 21 yo
@poeticprincee9750
@poeticprincee9750 2 жыл бұрын
I watch this and be like, there is no way this is real and they are giving this knowledge out for FREE! (By using KZbin ads)! It’s freaking amazing!!!
@cliffordolive1
@cliffordolive1 Жыл бұрын
I so greatly appreciate your efforts Robert, 👌 thank you 🙏🏻🤙
@Sasyzx
@Sasyzx Жыл бұрын
Really the best video that i've ever seen! You all explaining how it works very well! Thank you!❤
@meaningfulmax9351
@meaningfulmax9351 2 жыл бұрын
At the start, Robert is looking at everybody like: "Are you listening!?" I love this guy XD
@AmandaTrivizas-ql6xe
@AmandaTrivizas-ql6xe 3 ай бұрын
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 Charlotte Miller
@AmandaTrivizas-ql6xe
@AmandaTrivizas-ql6xe 3 ай бұрын
she's mostly on Telegrams, using the user name
@AmandaTrivizas-ql6xe
@AmandaTrivizas-ql6xe 3 ай бұрын
GGRACE12💯.. that's it
@moh6410
@moh6410 3 ай бұрын
SCAMMER DETECTED ( IDIOOT SCAMMER INDEED)
@TheAnonymous1one
@TheAnonymous1one 11 ай бұрын
What a great team. Tom really stood out to me. The way he explains things really makes it easy to understand.
@sammuchai4401
@sammuchai4401 Жыл бұрын
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 Жыл бұрын
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.
@theluckshow9617
@theluckshow9617 2 жыл бұрын
Robert, Kim, Tom, and Ken thank you so much for providing this much valuable information.
@TstyleLifestyle
@TstyleLifestyle 2 жыл бұрын
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!
@njreno1
@njreno1 Жыл бұрын
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.
@happydantravels
@happydantravels Жыл бұрын
I never realized just how much banking is. Thank you, Rich Dad!
@donaldhernandez1547
@donaldhernandez1547 2 жыл бұрын
This is awesome. Thanks Robert. I've always wanted this explained. 👍👍
@calebcliftonmastersefyroth6563
@calebcliftonmastersefyroth6563 Жыл бұрын
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 Жыл бұрын
Sure! Is a better way to counter this foreseen inflation, because all this wars everywhere are politics.
@suzannecraig6824
@suzannecraig6824 Жыл бұрын
Living in one's "comfort zone" is a contributing cause to the plight of young people.
@patrickwalter5742
@patrickwalter5742 Жыл бұрын
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 Жыл бұрын
@@samiraabubakar2963 they said when you invest little money you earn big,
@tinagottschallcunningham4691
@tinagottschallcunningham4691 Жыл бұрын
Can't even imagine how it is possible
@sweetexpressionsoflove815
@sweetexpressionsoflove815 Жыл бұрын
I give thanks ! Awesome video! Jam packed with great information!
@anndyperfume8468
@anndyperfume8468 Жыл бұрын
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!
@mauricemckisset
@mauricemckisset 2 жыл бұрын
It’s always good to see systems broken down and simplified.
@RealAlfa
@RealAlfa 2 жыл бұрын
I wish I could meet you mr kiyosaki I’m a true believer in studying what you preach not just listening. Thank you
@all4synchronicity162
@all4synchronicity162 10 ай бұрын
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 🙏
@kurttSchuster
@kurttSchuster 10 ай бұрын
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 ай бұрын
(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 ай бұрын
@@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 ай бұрын
@@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 ай бұрын
@@Mcllwain My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.
@Mcllwain
@Mcllwain 10 ай бұрын
@@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
@fortunino
@fortunino 2 жыл бұрын
A good habit to get into when the market turns this volatile is to buy on red days and if you want to reposition sell on green days. Timing the market is a fools errand. Don't sell off for the sake of selling to try to time the bottom... thats gambling with taxes there to slap you in the face on top of it. Think long term and keep it real! 🤙
@kansasmile
@kansasmile 2 жыл бұрын
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
@trinhminh-ha6895
@trinhminh-ha6895 2 жыл бұрын
hang in there, alot of stocks are down as well as crypto. Investing is a long term game, don't worry about the short term. As long as you invest in strong blue chip companies that you have conviction in, they will recover in the long term. DCA if you can.
@emilyjacobsen9955
@emilyjacobsen9955 2 жыл бұрын
I always believed in long term Investment as a savings vehicle for retirement. As I am a passive investor, with a day job does not allow me to monitor stocks movement actively, DCA is the only way. Or else, if I have a bigger capital pot I have to engage a financial planner like "Brenda Gay Mclean" who has made me understand that you must have a strategy. So i do not worry about short term performance that's why i follow her trades. In q4 of 2021 i made $196,300 as raw profits.
@kansasmile
@kansasmile 2 жыл бұрын
@@emilyjacobsen9955 A great start to financial freedom! how can i reach her?
@dustinbowie3616
@dustinbowie3616 2 жыл бұрын
@@kansasmile That first 100$k is the hardest. From there, your money works for you. Research the web she has an official web-page & she was recently featured on CNBC news recently.
@alonsocarlos8372
@alonsocarlos8372 Жыл бұрын
I'm here to learn how to trade and also to invest. After listening to a guy on a live program about the importance of investing and how he made $950k in 2 months from $142k, somehow this video has helped shed light on key points, but I'm still confused as a newbie and I'm open to meaningful ideas.
@billywesterman4893
@billywesterman4893 Жыл бұрын
Trading with an expert has been the best way of making huge returns from crypto currency.
@billywesterman4893
@billywesterman4893 Жыл бұрын
The common mistake we newbies make is without help and legit guidance from a professional.
@bobvan2201
@bobvan2201 Жыл бұрын
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
@bobvan2201
@bobvan2201 Жыл бұрын
The market is all about crypto now, you might want to look into it.
@sarahrybicki8184
@sarahrybicki8184 Жыл бұрын
@@bobvan2201 Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
@nuts285
@nuts285 Жыл бұрын
We're getting all this free of cost! Thank u Robert
@ramtinrezaniya1848
@ramtinrezaniya1848 2 жыл бұрын
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 жыл бұрын
GUILDLINE AND MENTORSHIP 👆🏼👆🏼👆🏼📥📥📥
@ericeverson5956
@ericeverson5956 2 жыл бұрын
Great video. Tom & Dan were excellent & I learned a lot & things I knew were clarified for me. Thanks much. Peace.
@Jay-es3vm
@Jay-es3vm Жыл бұрын
This video shares some of the best information on finances / taxation I've ever heard! Thank you!
@thegoddessma
@thegoddessma Жыл бұрын
47:52 team work makes the dream work ! Absolutely
@Lokendrakumar1997
@Lokendrakumar1997 3 ай бұрын
00:00 Financial systems rely on other people's money to lend and invest. 07:32 Understanding debt and equity pricing is key to investing in real estate 14:11 The need for affordable housing is increasing in growing states like Arizona, Texas and Florida. 20:22 Investors can achieve an infinite return on investment using value-add opportunities. 26:43 Understanding how tax works can help reduce your taxes 32:36 Incentivize job creation, housing, energy, agriculture, and technology 38:57 Invest in assets that generate income over a long period of time. 44:42 Importance of Constant Learning and Building a Trusted Team for Cashflow Investments
@osbornesophia5413
@osbornesophia5413 Жыл бұрын
*To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*
@hernandeztorres7137
@hernandeztorres7137 Жыл бұрын
That's awesome!!!! I tried to invest, put a few dollars in stocks and bought some cryptos but haven't made any profit yet. I will appreciate if you can share your ideas on how to get positive performance on my investment.
@osbornesophia5413
@osbornesophia5413 Жыл бұрын
@@hernandeztorres7137 Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.
@hernandeztorres7137
@hernandeztorres7137 Жыл бұрын
@@osbornesophia5413 Thanks so much, I appreciate your help. If you don't mind, how can I get in touch with your consultant?
@osbornesophia5413
@osbornesophia5413 Жыл бұрын
@@hernandeztorres7137 I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.
@michaelfrancesco7762
@michaelfrancesco7762 Жыл бұрын
@@osbornesophia5413 I'm delighted to engage in this opportunity, I just found the professional's web page and have already written him
@gevorgkhachatrian6778
@gevorgkhachatrian6778 2 жыл бұрын
It’s the best education video I have ever seen! Thank you 👍
@fontane007
@fontane007 Жыл бұрын
One of the best KZbin videos I’ve seen for a long time
@akshay0kumar
@akshay0kumar 7 ай бұрын
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.🙏
@mundheral.askari3450
@mundheral.askari3450 Жыл бұрын
Thank you very much for explaining how the financial system works. I’m grateful 🙏🏻
@lyubovmatyushkina2713
@lyubovmatyushkina2713 Жыл бұрын
All I can advice you now is to save up money, i can only thank Mr Sam Deymon for that. You should have enough capital to start with.
@jeanlouisboka869
@jeanlouisboka869 8 ай бұрын
It's one of best video I've never see before. I'm mighty glad, good job👍
@Rpvc5542
@Rpvc5542 2 жыл бұрын
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?
@HaroldMateo
@HaroldMateo 2 жыл бұрын
Incredible presentation! Thank you and hope to join you someday.
@alexgorham7464
@alexgorham7464 2 жыл бұрын
"if you don't build your dream someone else will hire you to help build theirs" - Tony Gaskins
@alexgorham7464
@alexgorham7464 2 жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), crypto, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.
@franknedu1957
@franknedu1957 2 жыл бұрын
@@alexgorham7464 You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass
@franknedu1957
@franknedu1957 2 жыл бұрын
Just like crypto, got to know about crypto from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday
@velentevictor9435
@velentevictor9435 2 жыл бұрын
@@alexgorham7464 True, building wealth requires developing positive mind as we live in a world full of great opportunities but many still miss out
@velentevictor9435
@velentevictor9435 2 жыл бұрын
exactly, crypto has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
@adamrogers45
@adamrogers45 Жыл бұрын
I just want to say thankyou for the real raw knowledge.
@joerexa5510
@joerexa5510 2 жыл бұрын
Oh man this is the 1% knowledge and wisdom. Thank you Rich dad channel.
@monaharper7792
@monaharper7792 Жыл бұрын
I'm currently investing in crypto/stocks & this made me my first million with the help of a licensed US broker,Kathy Johnson She trades for me. I met her at a trade seminar in NY & she agreed to trade for me. I recommend her to investors looking to work with a broker too.
@hallejohanssen965
@hallejohanssen965 Жыл бұрын
OMGGGGG wait, you know this lady too so amazing seeing others trade with the same woman i trade with, shes been a blessing in my life
@bernadettecoudert5904
@bernadettecoudert5904 Жыл бұрын
i came across this name last week and This is not the first time I am hearing of this name and her amazing trading skills but I have no idea how to get to her.
@lisahalls237
@lisahalls237 Жыл бұрын
I invest with her too, she charges a 20% commission on profit made after every trading session and that's fair compared to the effort she puts in to make huge profit
@monaharper7792
@monaharper7792 Жыл бұрын
@@bernadettecoudert5904 *you can reach her through her Telegrm page*
@monaharper7792
@monaharper7792 Жыл бұрын
@@bernadettecoudert5904 *kathytrades*
@nocarbsnation
@nocarbsnation 2 жыл бұрын
Great video and explanation. Wish I was in a position to do what Ken is doing!
@menacehockey
@menacehockey Жыл бұрын
I find Rich Dad-Poor Dad videos talk in circles. They pull you in with click bait and never give anything. I have even paid for the service and they rarely ever give you anything, just take you on a ride that just goes round and round....With that said, this was the FIRST video where I actually felt they had a point to make and executed it to the viewer. Great job on this video.
@tradingpoker1324
@tradingpoker1324 Жыл бұрын
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.
@mmdcleanaz5334
@mmdcleanaz5334 2 жыл бұрын
WOW!!!! the kind of information that is priceless, this is all i needed to hear.
@txbiker57
@txbiker57 Жыл бұрын
Thank you for your expertise. How do folks, who are disabled, on a fixed income, get out of the rut.
@prov31x
@prov31x 2 жыл бұрын
Thanks so much for sharing this, valuable info
@adrianoluis9931
@adrianoluis9931 Жыл бұрын
Thanks for the teaching!😊
@predator1820
@predator1820 2 жыл бұрын
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 жыл бұрын
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. 👊
@robertorosales2267
@robertorosales2267 Жыл бұрын
Thank you for sharing this video, I learned a lot and was refreshed on trusting my asset!
@user-qn6yt3zx3w
@user-qn6yt3zx3w 2 жыл бұрын
You can take the profit from the apartment building and pay no tax on it by depreciating the asset. BUT you can’t as an individual/investor/owner take that money and spend it on yourself, if you want to do that, you have to pay tax on it first, at your marginal rate. You can ofcourse, spend it on the apartment building itself (renovation and improvements, tax free). Also, every dollar of net income that you avoid paying tax on, adds a dollar to the book value of the building. Then, if and when you come to sell the building, you have to pay the tax on all of that at once (recapture).
@smilinggorilla1140
@smilinggorilla1140 Жыл бұрын
Lm
@chanakyaisalive505
@chanakyaisalive505 Жыл бұрын
"Debt create assets" Rich Dad's Son is amazing 👍
@vincentmudimeli4430
@vincentmudimeli4430 Жыл бұрын
Thanks for opening people's mind about the brutality of the financial institution I hope you can travel the hole world hosting this kind of seminars specially Africa and teach our politicians who are crippling the pockets of civilian through corruption
@mariafarmer5862
@mariafarmer5862 Жыл бұрын
Thanks guys I really appreciate this video
@intszarins3087
@intszarins3087 7 ай бұрын
Is just a beautiful explanation gentleman s, big thanks for your help, i really learn from you
@brandong3193
@brandong3193 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
@@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.
@khaliddubey8652
@khaliddubey8652 Жыл бұрын
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.
@Oceans-rx4qp
@Oceans-rx4qp Жыл бұрын
Really good fundamentals!! congrats to the team
@derrickjohnson5219
@derrickjohnson5219 2 жыл бұрын
Robert brought out all the All-stars on this episode!
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