I'm $1.2 Billion in Debt, Here's What Banks Are Hiding About Money

[@TheRichDadChannel]

If you found value in this video, please consider sharing it with someone who would benefit from it too. Your support helps us reach more people and create even more impactful content. Thank you!

[@stuartpaul9211]

debut under some kind of corporate structure. Not personal debt!

[@Yaddysgeijutsu]

Thanks dad too be honest really thank you are the wealthiest person to have all the time in the world but still you teach for the welfare of the humanity hope i hug you some day❤❤

[@shanewarne1128]

@The Rich Dad Channel: Can you please make a video on how to handle stress in Life... Young People are committing suicides due to stress in Schools, Colleges & University and also due to toxic work culture in corporate companies...

[@JustTheGuy37]

It is great to learn from others mistakes, including your own Robert.. You spent your whole life building up treasures in this world, what do you think you will have in eternity for that? If I had 3 million of your money I bet you I could gain more eternal rewards using that money in this life than you could with 100 million.

[@tonysilke]

One of the worst financial decisions of my life was accumulating so much debts and living above my means. I've paid off credit cards and cut a lot of debt. Spending is way down. All the money that used to go to crap, now sits and grows in my savings..... it's like a warm hug every time I look at my bank account.

[@Nernst96]

Your dollars are rotting in the bank and you’re essentially giving the bank money to loan out and profit off of. at least put that in a money market savings account (5% yield, last I checked).. Start putting some in a ROTH IRA as well.. you're off to a good start.. keep it going..

[@PatrickLloyd-]

Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.

[@PhilipDunk]

@@PatrickLloyd- I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

[@PatrickLloyd-]

Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@PhilipDunk]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@GillerHeston]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson.

[@rogerwheelers4322]

Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply focus on diversified investments through a financial advisor, collect my profits, which I either spend or repeat the process. Never been this comfortable with my finances.

[@joshbarney114]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

[@FabioOdelega876]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@joshbarney114]

‘’Marisa Michelle Litwinsky’’ 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.

[@FabioOdelega876]

Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.

[@Brandon96712]

People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

[@GumolaTukoma]

truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors

[@SteveKalfman-yv7co]

I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

[@SallyW414]

Impressive can you share more info?

[@SteveKalfman-yv7co]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Vivian jean wilhelm for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@SallyW414]

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.

[@HaleyOnella]

A vast majority overlook that banks are return-driven businesses. I don’t trust keeping large sums in the bank. Instead, I invest with professional guidance, enjoy the benefits and actively save up for retirement.

[@IanKemp-k4n]

The ignorance is astounding. With all the information available, nobody knows anything. One needs to constantly acquire knowledge in order to create a process, manage risk and stick to the plan, through thick or thin while also learning and improving.

[@mitchellerashica]

After the ‘08 crisis, I’ve learnt not to trust corporations. Since 2022, I’ve been investing with a finance advisor and have had no major losses. I’m barely 25% short of my $2M goal after subsequent investments to date.

[@BigCheckerC]

I understand that market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor whom you have used his/her services?

[@mitchellerashica]

My CFA, *Peter Dewitt Martin* is a renowned figure in his field. I recommend searching his name online; you’ll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.

[@BigCheckerC]

Thank you so much for the suggestion, I really needed it. I looked him up on Google and explored his website, he has an impressive background in finance. I’ve sent an email and I hope to hear back from him soon!

[@rod1147]

A house is only a liability when its your primary residence

[@derekallen5695]

If an investment property doesn’t have positive cashflow then it isn’t an asset either.

[@McFlashh]

@@derekallen5695Not all assets have to have cash flow. Most stocks don’t have cash flow (dividends), yet they’re the biggest assets for the richest people in the world.

[@ClarisNdoroRealEstate]

You can use your equity to buy more properties as a HELOC and you can house-hack your residential property.

[@robinschwabe7661]

Well it depends..if renting is almost the same price I d rather buy a house to live in that has value than paying off someone elses.

[@qvaerensveritatem9064]

@@robinschwabe7661 you either pay your landlord by renting or you pay the bank and city in interest and taxes by owning.

[@graceagb]

Hit $200k today, Thanks for the knowledge and nugget you have thrown my way over the last month .

[@RosellaLCraig]

I would really love to know how much work you did put in to get to this stage.

[@graceagb]

I think the problem is that no one is interested in btc anymore. Now that it has received so much adoption and acceptance as a legitimate store of value, and governments are getting involved, the mystique is gone. The ETF may have been the worst thing that could have happened to Bitcoin and crypto enthusiasts in the long run. George Borgert's strategy has been instrumental in helping me navigate the past few months.

[@graceagb]

I got George recommendations on ABC News in November 2021 and started following her lead

[@RosellaLCraig]

Please, how do I reach with George Borget? I would appreciate if you show me how to go about it

[@graceagb]

cryptoBorget

[@mikaali9]

Knowledge is Power Ignorance is Evil 😈

[@geoms6263]

Machines should work. People should think.

[@scotttovey]

Ignorance is not evil. However, when you see a post in which an individual is telling others to do their own research, that point of view is evil, as those who constantly post that statement, will not take the time to share key words, or the websites they used to do their research. Just because one used google on January 1, and found specific information, does not mean that same information is going to still be findable on February 1. Videos get taken down on KZbin all the time, and google owns KZbin. Therefore you ought not to expect the information will always be findable on google.

[@videohut4445]

Knowledge is not power. The only thing that gives you power is action. Tony Robbins.

[@scotttovey]

@@videohut4445 "Knowledge is not power. The only thing that gives you power is action. Tony Robbins." Actually, it's both together. It doesn't matter how much action you take, if you are taking the wrong actions, it will end in failure. Only when action is directed by the knowledge of the proper action to take to solve a problem, will the problem be solved. Look at it from the standpoint of taking a road trip. You come to the highway and GPS directs you to head north, so you head north. Then it instructs you to go east, so you go east. The problem is that the city you want to go to is south west. As long as you're heading in the wrong direction, you won't reach the city you want to go to. In addition, all the energy you are expending by going North East, is a wasted energy. Don't just take action. Make sure the action you are going to take will enable you to achieve the goals you have in mind.

[@mikaali9]

@@videohut4445 yes, you are correct…but ACTION does REQUIRE Knowledge as well. You think? 💭 ✊🏿👊🏿🙏🏿

[@TopGeezy]

Robert loves talking about gold because he is gold. Protect this man.

[@everceen]

If the dollar collapses, don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. Best advice get out of debt, make regular investments, be debt free and financially stable.

[@fromthebirchwood]

@arlenehill4ril any recommendations for advisory service in regards to building my portfolio? I don't really know where to start.

[@J.woltz48]

thanks for putting this out, just did a web search on Karen Lynne Chess, found her consulting page and already scheduled a call session with her, I find her valid.

[@SIMONLOWE-rh2hm]

And your not kidding... Wow amazing

[@QueenE11EVEN]

Debt free is still zero 0️⃣

[@hewadsaad1378]

maybe save money in form of GOLD and Silver (not currency "dollar,Cryptos..:)...they seem asset to me as they return money whithout me doing anything

[@MG007.]

If you use debt to acquire assets be sure it is a high cashflow asset not just some asset that has too many uncertainties that extrinsic forces that will mess you up. Start small and budget your money before growing

[@jacobgreene7340]

I played your cash flow game it's great.

[@florawitkins-v7k]

would love to hear your success story, just for self motivation. how can i reach you?

[@Pinoystory311]

Hi robert..thank you for your advice..we are now holding 1 m u.s. dollar worth of real estate and it's cashflow positive..i also get benefits for my business tax..what you are saying are all true! It's hard though..but we did it! Still working hard to be like you!❤️❤️❤️..thanks

[@WealthyChronicle]

Debt is money’-wild concept until you realize your paycheck disappears faster than your Wi-Fi connection during a Zoom meeting.

[@melyndacostenoble1922]

Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@RiosCosma]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@renebarcenas9491]

He doesn't invest in paper assets, he says stocks are manipulated​@RiosCosma

[@christopherdrake8406]

Use the cashfliow from the LLC to add to your personal assets. If that LLC goes belly up your assets arent connected to the LLC. So that 1 billion debt is funny money, its what you do with the cashflow is what matters.

[@TJ-Stackin]

Thanks for the education

[@theAmateurInvestorstory]

I love these types of videos where you break this things to make it easy to understand

[@ekzmdbzl]

Thank you for coming to Korea and giving a lecture. I'm 25 years old now, and I'll try to become an entrepreneur before I turn 30.

[@marvinperez3314]

You're always have great advice, Thanks Robert 😊 ❤

[@moneymavericks2902]

Great teaching.

[@DanXRP]

Great video Mr.kiyosaki.

because you i start to see the way out im in your 5 book and after the first one i see my 80 dolars turn 300 and now i can see everything its possible if we lern more and more , your game help me to lern how to make money and how to use money , i love your books because i still learn something in every book , the day i have more sucess ill pay to know you in person its one of my dreams now, i just cant now but for now i say thank you so much for what are you doing

[@jah-son2972]

Powerful stuff

[@juanmontano732]

Thank you !!!

[@christopherbudden8554]

You are a great guy man! I really appreciate this video !

[@jdubruyn]

So glad I found this channel, can't believe the algorithm didn't show it to me a long time ago. I grew up dreaming about one day being able to apply what I learned in the book Rich Dad Poor Dad... but life threw me a few curve balls. Having discovered this channel gives me the same excitement I experienced as a youngster dreaming about being financially independent. ✨Thank you Mr. Kiyosaki🙏✨

[@simionmatei3074]

I love these types of videos where Kiyosaky breaks this things to make it easy to understand. Love the edit. Keep this up!!!!!!!!!

[@musicbeat8120]

thank you my rich dad

[@AnumanNattapong]

Now I have recovered 90% of my lost money may Allah keep blessing her for me ❤

[@AndreaBocelli-lc2ft]

Please I need someone to put me through on how this Bitcoin trading really works, I'm interested and willing to invest heavily in it.

[@AnumanNattapong]

Thanks so much Mrs Catherine Adriana. I've been scammed 2 time's and I lost all my money but meeting you was the best thing that ever happened to me.

[@egesidavid1366]

Very true! I've been able to scale from $14k to $210k in this red season because my Financial advisor figured out Defensive strategies which help portfolios be less vulnerable to market turndown.

[@BleachSally]

I want to compliment you,you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

[@EmmanuelWalter-f6x]

Hello from norway I'm retired at 47, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife, $35k biweekly and a good daughter full of ❤ I'm forever grateful Catherine Adriana.

[@lubosimaboshe]

Robert I am now buying Bitcoin, silver and Gold...thank you God bless you 😊

[@Animatrix-t2g]

Can you make cashflow online game version 2 that is more complex and teaches more about financial literacy and real estate investing? It would make more difference

[@nicholasashton8648]

In the uk if you borrow money from your company and don't repay it within 9 months it's treated as a dividend and taxed as such....

[@PinoyBio]

Thanks Mr. Kiyosaki :)

[@shanenolan085]

2:05 😂😂😂Grant Cardone LOL

[@jesseessej]

Robert, you always make me laugh because you are so blunt and not full of shit! And, I can tell you have a good heart. I appreciate you!

[@gottech5601]

Where can you store your gold and silver?

[@alejandroph69]

If you mean physically just like Scrooge McDuck, find or create a place to store it, and good luck locking it. Gold and silver are treated as commodities too (along with other uses in production), acquiring them is the same story as for buying/selling stocks, cryptos, currency, etc. They are stored (if) in a special Bank, If all the certified owners want to sell at the same time and grab the metals physically, the latest transactions won't get to touch them on their hands, the difference is that gold and silver are limit (without requiring electricity) meaning they are guaranteed to go up in value little by little through time even when "their price" fall, why? It's not a bubble, it's world money (as long as this belief remains in world population). Now that's what I think.

[@robinschwabe7661]

At home, part of it is secured by insurance. Or at the bank or abroad or hide it somewhere outside... Best is to do all of that.

[@Yaddysgeijutsu]

Thanks dad too be honest really thank you are the wealthiest person to have all the time in the world but still you teach for the welfare of the humanity hope i hug you some day❤❤

[@joaohenriquegiorgettaregis6438]

Guys i have a question: if I buy real state founds and that will give me some rent. Then with the rent I buy gold,silver,bitcoin and some bussiness(of course it's a strategy for the future), besides my own bussiness. U think it's a good strategy?

[@videohut4445]

Get yourself financially educated first. Rich Dad, Poor Dad is the best place to start.

[@sergeylyakh9543]

why no ETFs?

[@painuchiha2694]

Should I loan money to invest in s and p 500

[@Jesse-e9o]

THANK YOU

[@alaua9731]

Hi !! CAN you create the game on french ???!!!

[@Thaksinnaenaudon103]

Thank you very much ! Thank you very much Return on information ! Thank you very much Robert kiyosaki Thank you very much

[@francistmofgod2028]

How can someone borrow money from a bank without having enough in saving an account for example?

[@jimflask1164]

Bank won't lend me jack. I know how to use debt and it's free money. But the bank wants collateral. I have no car, no house. They don't believe I will pay my little 3k credit card. They tell me, they've heard it all before. I need collateral even with 800 credit score and no bills. They want to see income without the loan. which is almost nothing. I wish I could have debt, I would pay it back early to go bigger.

[@abbahcarter]

You need to show them that you have cashflow if you want them to give you money, and if you're financially educated, creating cashflow from nothing is gonna be easy for you, for example if you show the bank a business you have created from nothing that generates cashflow of 1million dollars, they will lend you 2million or even 3million, its same thing as pitching to an investor, you must make them believe you can create money flow otherwise they won't give you their money, who do you think the banks are ? Institutional professional investors that's the name of any bank

[@jimflask1164]

@@abbahcarter Yeah. I tried that. She looked right in my eye and said "I just fill out the form". I have history of borrowing against my own little account. I fixed my credit doing that. These people are the equivalent to fast food workers. If they knew what they were doing, they would own the bank. I don't need the debt, its just an accelerator. But I learned an excuse to buy a Cullinan. I'm borrowing against it. I'll show those bank tellers an asset. You can count on it.

[@abbahcarter]

Okay do that and try other banks, if you need any help regarding this let me know​@@jimflask1164

[@herbie3939]

And you only went to one source for the capital? …..

[@jimflask1164]

@@herbie3939 yeah for now the thing holding it all up is the credit card debt. Im being turned down for a little 2k in debt. ill get this personal loan and buy a car and hock it. the more money I borrow the more money ill make. take me 5 years to make 20k but the same 5 years starting with 20k ill have 250k

[@509travel8]

I never understand this concept of debt until I start reading how reach people use it to get equity. Learn how to raise money and get rich

[@NikkeysLips-fk3ju]

Next stop for Alemio Network, Binance listing.

[@ytendo]

I dont see how this works in Australia when rent returns are half the home loan interest rate, its a negative cash flow project

[@Jed-h9v]

So you go to a bank and get a loan to buy an asset, but regardless of your pre-existing assets, don't they want to see that you have a job?

[@otoman106]

You let the bank counterfeit the money. Not you, yourself counterfeit the money.That Debt.

[@thelampstands8181]

What happens to you if they make bonds go away?

[@noobyng]

Does this ideology works for other countries? You see bank does a heavy background check on the ability to repay the loans, how tf do I convince them to approve my loans and get low interest rate on it?

[@jpjp9111]

I thankfully owe no debt at all. I might not have any money but the bright side is that I don't have any debt either. Yay!

[@RageDonald]

So how does he pay back the 1.2 billion

[@mikaali9]

Wake Up and Quit being A Debt Slave! Listen Carefully to Robert 😊

[@MakeTheAdjustment1979]

You can’t take out loans if your credit is bad

[@amitgreat975]

Great man why you don't be a president in America or Japan

[@the_awaker_DJ]

Maybe because he's not corrupt.

[@toomanysecrets7121]

@@derekpapertrail4915Trump does it for the passion for his beloved country

[@mwisenezacyubahiro2205]

but there are some countries where the interest rate is high so people fear to get debt

[@simpleman4196]

He makes most of his money by telling everyone how to make money then selling thousands of us poor people a $70 board game that costs $13 dollars to make.

[@havranbagada7509]

If i had teacher like this in my school as a kid i would not being broke as i am now.

[@HARENDRAKUMAR-eq2zl]

Always avoid Debt in India Intrest rate is 9 to 14 percentage which is much higher than USA If your Business is ten percent profitable and bank is taking 11% rate of interest So this advice is fit for those countries where Bank rate of interest is 3 to 4 percentage

[@sanauj15]

Why not work to create cash flow to avoid the risks of debt?

[@uwerathsack]

Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

[@vintagecrazyjay4970]

The Borrower is Slave to the Lender.

[@jeffeverett274]

He uses leverage, he's savvy when it comes to building assets.$

[@markksantos]

Robert you need better lighting. Hire me, I'll be a great asset to your creative team!

[@nashashibimajd945]

You always talk in general. You never show us your own example you did in your life, you never show us a mistake you did, a lose you had, and how you control it after...

[@zamundalion]

You are right and for the same reason, I find that he lacks integrity. Listened to him first time in 2007 and still can't make a head or tail what he is up to although some of the things he says are theoretically true.

[@MG46931]

Use debt to buy assets not liabilities. Basically anything that brings in cash flow or increases in value over time. Much easier said than done. Safest thing to do is buy index funds, gold, silver, or bitcoin. If you go into real estate, that's a whole other category of research and dedication.

[@basiceconomicswithjosephju756]

It's very simple fundamentals, I do the same thing. I created a growing successful vending company utilizing debt, I pay back my lender and whatever left is mine AKA cash flow. I then use that currency and reinvest back into my company to help purchase snack's and other machines.

[@mikaali9]

Exactly…example use your real estate assets to acquire more, investments, equity, etc.

[@basiceconomicswithjosephju756]

Believe me when I say there's definitely a change in mindset when learning about financial Literacy. Because I have definitely made mistakes, failed, lost money.

[@AsmaMeche]

thnx

[@mother8696]

I could never sleep at night if I had debt… especially 1.2 billion!

[@dr.brycebanner5676]

he is worth like twice that because of the debt though. the 1.2 billion allows him to own atleast another 1.2billion worth of assets, if not up to 2.4b worth (if not more). If he was to HAVE to pay back all his debt, and sell off ALL his assets, he'd still have atleast 1.2b dollars. Without that debt in the first place he never could have gotten any of it.

[@GrimReaper-26]

The situation his in is that he does not pay his debt his tenants does and he gets what’s left after the mortgage and the expenses.

[@thinkfloyd2594]

let's start when Nixon took us off the gold standard. I'm sure NO ONE has ever heard this before.

[@pkfroggatt]

What do you do with all your debt when there is a deflationary recession / depression?

[@mattg5978]

Declare bankruptcy

[@morrismonet3554]

Positive cash flow is the strategy. Stop listening to Dave Ransey.

[@robinschwabe7661]

Have a Back up with gold.

[@DailyEdgeGrowth]

When a currency crisis happens, don’t think your debts will vanish. The only way to protect your finances is to maintain stability, pay off debt, and invest for the long term

[@SuperEddietv]

You can't buy real estate with a credit card. Everything is income based and the specialists you trash, are the ones getting the loans.

[@Marc-gm5cm]

luck it's also an important part of the formula

[@morrismonet3554]

Ever hear of a cash advance?

[@KnightWriter13]

Dream Team assemble.

[@AshleighTampa]

What's stupid is when you get on debt it's on your credit report for 7 years does someone needs to change the laws on the debt on credit for 7 years that's way too long for people to make a comeback and be successful financially and get a house a car Etc and rebuild their credit

[@benjamindavidson22]

Banks are becoming less reliable than in the past. The looming banking crisis is expected to be significant and devastating for those who are not ready. I recently withdrew $370k from my bank to invest in bonds and stocks of companies with strong cash flows. I think it's a great opportunity to seize the market for long-term profits. Any suggestions for promising stocks would be welcomed.

[@monicawill5]

Hey , I don’t think here is the place to ask such questions, looking at your budget. You should consider a financial planner.

[@Johnlarry12]

True. My $400K portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.

[@frankbarnes22]

Who is the financial planner you're working with, and what's their strategy behind your investments?"

[@Johnlarry12]

I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with Carol Vivian Constable for years and highly recommend her. Look her up to see if she meets your criteria.

[@frankbarnes22]

I curiously searched her names and I found some pretty interesting information. Thanks for this

[@RoyalHim]

He is so rich, like the national debt rìch.

[@yaasikasa17]

This is top secret and the banks are subscribed too. Robert, please give me some change. thank you

[@rayzbal]

He despises his poor dad. That’s kinda sad lol

[@THIRIOSth13]

The rich are getting richer because they have control over their cashflow

[@trommelbiel]

Make mistakes, learn!

[@AkA-ik2dv]

100 million is his net worth but owes 1.2 billion dollars how are you going to pay back 11x of your net worth?

[@154james]

I'm not defending the theory of using debt to get cash flow positive assets. But if the definition of net worth is total assets less total liabilities, then his total assets must be 1.3 billion, meaning if he sold every asset he owns he would be left with 100 million in the bank. I'm no expert and I couldn't live like that, but I think that's his strategy. I guess he doesn't ever plan on selling his assets as he lives comfortably on the difference.

[@joenickel2371]

"your house is not an asset". Your investments seem hypocritical to me. What will you do when your real-estate debtors can pay you?

[@matthewstewart5008]

Ethically wrong attitude Borrower is slave to the lender

[@paulkaminskas2643]

I love this shit

[@NitinSingh-mx7qr]

1:10

[@kyodizzy]

He gives the most generic advices just to sell his board game or book. It's like a diet coach just telling you "eat healthy. Work out."

[@shanenolan085]

damn the bots in the comment section is crazy LOL

[@jovani.casiano.di0]

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

[@Fabian-hg1mw]

by being a grifter and not paying taxes?😂

[@francosantoro1986]

Robert acting weird😂😂😂fentanyl😂😂

[@greatgazoo8358]

You investors barrowed (cartel) money from the banks. How is that going to play out when the banks go down for laundering? Do you keep the assets or do they get confiscated?

[@DeadXManXsXStare]

Well, the government isn't exactly rushing to give the cartels their money back, so I'm thinking most borrowers will be safe from the government liquidating their assets to compensate the cartels for their financial loss

[@ryanwolfe9794]

Hey Robert how much did you pay for all these fake comments? Did you have to borrow to afford them?

[@obrienortega6942]

Robert Kiyosaki is a grifter.

[@tiagoferreira522]

You cant compare "ancient" easy debt like Robert did. Nowadays is mostly impossible the banks to loan such much money because banks need warranties, proof and escrutinates all your life and incomes. This isnt anymore decade 70, 80, 90 ( easy money) like the book. The world has changed and so the banks with all crisis that happened.

[@herbie3939]

Sounds like you’ve already made up your mind.

[@tiagoferreira522]

@@herbie3939 Yes and i prefer invest with my own money. Europe banks doesnt work like USA( even the taxes). The majority gurus from USA their recipes doesnt apply in Europe countries sadly.

[@williamestrada8936]

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[@DaniMartVTen]

This political issue or person is irrelevant or spam, or they're a complete moron, etc, and so forth...

[@kkrsnn5632]

Debt is debt. Any amount.

[@AmsDealer70]

A few things not mentioned: Renters that pay are a science 🧪 in itself . Few and far between. Buildings need periodic maintenance, costing you your profit from time to time. The less you have to manage the better. Farmland pays cash-rent for doing nothing. The farmer does everything including mailing you paycheck for farming your own land.