Is your money still safe in banks? - Robert Kiyosaki, Andy Schectman

  Рет қаралды 188,684

The Rich Dad Channel

The Rich Dad Channel

Жыл бұрын

In this emergency podcast episode, Robert Kiyosaki and Andy Schectman discuss the potential risks of having money in regional banks. They explain that national banks are considered "too big to fail" and are backstopped by the federal reserve, while regional banks are not guaranteed to be bailed out in the event of a failure.
The hosts emphasize the importance of understanding where your money is held and the potential risks involved and suggest investing in tangible assets like gold and silver coins to protect one's finances. They also discuss the possibility of hyperinflation and the need for interest rates to spike to compensate for inflation.
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Please read carefully.
This is not financial advice.
You may be asking, “What does that mean?”
Let me explain…
Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Пікірлер: 488
@hmofeurotas
@hmofeurotas Жыл бұрын
RUN PEOPLE RUN... !!!!!!!! GET YOUR MONEY OUT! FDIC is under funded.. hehehehe According to data released on Wednesday. The ratio of assets to insured deposits in the US banking system fell to 1.1 per cent, the lowest since 2015 and less than the minimum of 1.35 per cent required by law.
@Nernst96
@Nernst96 11 ай бұрын
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
@ron04
@ron04 11 ай бұрын
Yes, truly, investing in the market, even if it's just the S&P 500, can keep up with inflation, because the growth rate of stocks will always exceed the inflation rate. But if you don't have the courage, you could just invest with a financial advisor, which even has greater return on investments, while securing your investment against losses.
@trane85
@trane85 11 ай бұрын
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
@mcintyre1
@mcintyre1 11 ай бұрын
@@trane85 I've been skeptical about the banks for a long time, to be honest, but didn't know how to get started with an advisor. If it's okay, can I know who your advisor is, because I need some recommendations?
@trane85
@trane85 11 ай бұрын
I'd recommend Colleen Rose Mccaffery. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.
@mcintyre1
@mcintyre1 11 ай бұрын
@@trane85 excellent share, just confirmed her page online after inputting her full name on my browser, she seems valid. very much appreciate it.
@MikeyyyS
@MikeyyyS 11 ай бұрын
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my wealth manager makes returns that always beats inflation!
@Juliamey
@Juliamey 11 ай бұрын
@@Holtman76 I've been skeptical about the banks for a long time, to be honest, but didn't know how to get started with an advisor. If it's okay, can I know who your advisor is, because I need some recommendations?
@Juliamey
@Juliamey 11 ай бұрын
Benevolence, this reference seems valid.. Just inputted her full name on my browser and found her site without sweat, 20 years of experience is certainly striking! very much appreciate it
@Alejandracamacho357
@Alejandracamacho357 Жыл бұрын
What happened to SVB is really scary, and goes to show that no corporation, however big, is immune to collapse. I have always had a deep-seated mistrust for corporations. I have plans to pull out most of my money, but don't know what to do with $350k sitting idly. I'd like to go into the stock market, maybe.
@Robertgriffinne
@Robertgriffinne Жыл бұрын
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
@instinctively_awesome8283
@instinctively_awesome8283 Жыл бұрын
Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $200k in the last 4 months by investing through my FA.
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
@@instinctively_awesome8283 my portfolio has been dwindling all year, tried learning new strategies to gain in the current market but all of that flew right over my head, please can you share more info on your F.A
@instinctively_awesome8283
@instinctively_awesome8283 Жыл бұрын
@@PhilipMurray251 Janette Alexandrea Alimi is the advisoRr guiding me, she's well-grounded and known, shouldn't be a hassle finding her page, just look up her name on the net.
@Natalieneptune469
@Natalieneptune469 Жыл бұрын
Janette Alexandrea Alimi appears to be a true authority in her field. I looked her up on the net and found her websiite, went through and found her credentials heavy! Sent an email hoping it gets replied.
@trazzpalmer3199
@trazzpalmer3199 Жыл бұрын
Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession.
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
the market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
@tampabayrodeo2474
@tampabayrodeo2474 Жыл бұрын
@@graceocean8323 To guide you through the current market volatility, you will need a capable FA. I've been speaking with an advisor for a while now, primarily because I don't have the skills or stamina to handle current persistent market conditions. I made more than $220K during this downturn, proving that there are more market factors than the typical person is aware of. The best course of action right now is to work with an investing advisor, especially for individuals who are nearing retirement.
@zoeytank2921
@zoeytank2921 Жыл бұрын
@@tampabayrodeo2474 We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@tampabayrodeo2474
@tampabayrodeo2474 Жыл бұрын
@@zoeytank2921 Absolutely, JEANNE LYNN WOLF is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like
@zoeytank2921
@zoeytank2921 Жыл бұрын
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
@PhilipMurray251
@PhilipMurray251 11 ай бұрын
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
@Robertgriffinne
@Robertgriffinne 11 ай бұрын
The negative impact of SVB and SI debacles has been reflected in the regional bank ETF (KRE) which has witnessed a decline of over 20%. This event has triggered contagion effects, dragging the entire market lower. However, historically speaking, a localized and narrow contagion of this nature presents an opportune time to invest in strong, financially stable companies with substantial cash reserves on their balance sheets.
@tradekings5433
@tradekings5433 11 ай бұрын
Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $280k in the last 4 months by investing through my FA.
@PhilipMurray251
@PhilipMurray251 11 ай бұрын
Wow. I've heard similar success story from people who work with advisors. How do I get in touch with yours, please?
@tradekings5433
@tradekings5433 11 ай бұрын
There are many you could potentially find online. I personally work with Kate Elizabeth Amdall, and she's been spectacular. But there are also many others you could check out yourself.
@PhilipMurray251
@PhilipMurray251 11 ай бұрын
Thanks, 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.
@champhallier8468
@champhallier8468 Жыл бұрын
It is rancid news now that the Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
Bad year for me, META is down 40k, ALLP is down 35k, Draft Kings is down 6k, NIO is down 15K, ABML is down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
@trazzpalmer3199
@trazzpalmer3199 Жыл бұрын
the market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
@@trazzpalmer3199 You will need a strong FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
@tampabayrodeo2474
@tampabayrodeo2474 Жыл бұрын
Thanks for the advice. The search for your coach was simple. I researched her well before arranging a call with her. Considering her resume, she appears knowledgeable.
@Aziz__0
@Aziz__0 Жыл бұрын
All signs point to 2023 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2020, I've made about $600,000.
@carter3294
@carter3294 Жыл бұрын
Congrats. The true financial unlock comes when you understand and know the technique required to manage your investment's overall risk profile and avoid permanent capital loss. It is critical to have a strategy in place to capitalize on profits when they occur.
@floxydorathy6611
@floxydorathy6611 Жыл бұрын
@terrygeorge3545 Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Under the direction of my Fiduciary-counselor “NICOLE DESIREE SIMON,” I made over $560k between Q3 and Q4 of 2022. I'm hoping for more.
@floxydorathy6611
@floxydorathy6611 Жыл бұрын
@fredydez634 Most likely, you can find her basic information online; you are welcome to do further study.
@johninphx9360
@johninphx9360 Жыл бұрын
If it has not happened in your lifetime, it's hard to imagine . The younger you are, the harder it is to understand. I'm gen X and look back at the World sense 2001, and I could never have imagined everything I have lived through back in the 80s and 90s. The concept of a financial epocolypose makes perfect sense to me now. The younger generations are going to be taken by surprise.
@Mark-zt3wi
@Mark-zt3wi Жыл бұрын
I love the statement "you'll come out of the shop and the cash is on the ground and the Wheelbarrow has been stolen".
@donaldwayne7023
@donaldwayne7023 Жыл бұрын
I believe a video on "How to profit from the present market" will be more successful because, given the way the market is moving, we'll likely retain our investments for longer than 2030 to realize a profit. After all, I've heard of people making up to $250K in a matter of months, and I'd like to know how.
@Stonescreamery
@Stonescreamery Жыл бұрын
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@zartanbarbara
@zartanbarbara Жыл бұрын
I had a terrific run in my first year in the financial market, so I believed I had a handle on it. However, things changed during the epidemic, and I wanted to diversify into safe assets, so I engaged a coach, who designed a structure that corresponded to my annual objective of $400k.
@davesfarming
@davesfarming Жыл бұрын
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser
@garyfisher7651
@garyfisher7651 Жыл бұрын
Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Viviana and I wrote her detailing my Fin-market goals.
@mjcreadingvideos8079
@mjcreadingvideos8079 Жыл бұрын
Andy & Robert: The problem is they all have loans! Started my business with cash & built it slowly. No loans, no debt. Not rich, but not poor. Own my home & autos. Got most of my money out of the bank long ago. Only leave enough in the bank for immediate bills. You can always put the cash back in, but you may not always be able to get it back out. Can always turn gold and silver into something but who will want your paper?
@Robertgriffinne
@Robertgriffinne Жыл бұрын
What happened to SVB is really scary, and goes to show that no corporation, however big, is immune to collapse. I have always had a deep-seated mistrust for corporations. I have plans to pull out most of my money, but don't know what to do with $350k sitting idly. I'd like to go into the stock market, maybe. Any ideas?
@Natalieneptune469
@Natalieneptune469 Жыл бұрын
All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
Ironically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $280k in the last 4 months by investing through my FA.
@Robertgriffinne
@Robertgriffinne Жыл бұрын
Wow. I've heard similar success story from people who work with advisors. How do I get in touch with yours, please?
@PhilipMurray251
@PhilipMurray251 Жыл бұрын
There are many you could potentially find online. I personally work with Deborah Jean Dykstra, and she's been spectacular. But there are also many others you could check out yourself.
@Robertgriffinne
@Robertgriffinne Жыл бұрын
Thanks, 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.
@stevensmiddlemass2072
@stevensmiddlemass2072 Жыл бұрын
Global financial markets have been significantly impacted by SVB's demise, prompting investors to sell off bank equities hastily and reevaluate their interest rate expectations. I am a $150,000 investor who is at a crossroads and wondering if it is wise to hold onto securities that are losing value. I want guidance on the best approaches to maximizing my returns in this negative market.
@stevensmiddlemass2072
@stevensmiddlemass2072 Жыл бұрын
Could you kindly leave your investment advisor's contact information here? I absolutely must have one.
@martinhibbit8438
@martinhibbit8438 Жыл бұрын
cash out by silver, you're welcome..
@habyalexandru2265
@habyalexandru2265 Жыл бұрын
Get money out of the banks Buy gold and silver
@paulwilson7622
@paulwilson7622 Жыл бұрын
I've seen all the emer podcasts along with many others. I have tried to discuss with friends I get accused of fear mongering. Result will be I will be ok, but dint talk about it anymore. No debt, paid off properties, PMs, , already grow own food etc.
@UltimateBargains
@UltimateBargains Жыл бұрын
"Since 1866, when the 14th Amendment was adopted, the U.S. government has defaulted on its debt obligations not once, not twice but at least three times. "The most notable of these defaults occurred in 1933, when President Franklin Roosevelt took the U.S. off the gold standard. During the Great Depression, the White House, Congress and the Supreme Court agreed to wipe out around 40 percent of U.S. private and public debt. The U.S. government did so by simply refusing to redeem its gold bonds into gold coins. Instead, the government repaid its gold bond obligations with depreciated currency. "A more recent example of the U.S. government reneging on its debt commitments occurred in August 1971, when President Nixon 'temporarily' closed the U.S. gold window as part of his effort to regain control over inflation. By closing the gold window, the U.S. government abrogated a financial commitment it had made to the rest of the world at the Bretton Woods Conference in 1944 that set up the post-war monetary system. "At Bretton Woods, the United States had promised to redeem all U.S. dollars held for $35 dollars an ounce. When Nixon refused to let foreign central banks turn in their dollars for gold, he effectively 'defaulted' on the United States’s long-standing obligations to make the dollar as good as gold. "A more recent, albeit lesser, example of the U.S. government reneging on its debt commitments occurred in 1968, when the government refused to honor its explicit promise to redeem its silver certificate paper dollars for silver dollars. When an embarrassingly large number of bearers of these certificates demanded the promised silver dollars, the U.S. government simply decided not to pay. "With the U.S. government's far from unblemished credit record, domestic and especially foreign investors can be forgiven for entertaining at least some doubt about the protection afforded to them by the U.S. Constitution. This perhaps explains why in 2011, at the time of the last major U.S. debt ceiling showdown, U.S. and global financial markets crumbled as U.S. politicians played a game of chicken in approving an increase in the debt ceiling. It also might explain why the Standard and Poor’s credit agency chose to strip the U.S. government of its coveted AAA rating, thereby raising the government’s borrowing costs." -- Michael Dugger
@Riggsnic_co
@Riggsnic_co Жыл бұрын
About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?
@Oly_laura
@Oly_laura Жыл бұрын
Bad start to the year with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
@hermanramos7092
@hermanramos7092 Жыл бұрын
There are quite frankly a number of ways to make high yields amidst volatile times, but such trades are best done under the supervision of a portfolio-coach
@kenanporubsky2122
@kenanporubsky2122 Жыл бұрын
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@Oly_laura
@Oly_laura Жыл бұрын
@@kenanporubsky2122 I’m in dire need of guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?
@kenanporubsky2122
@kenanporubsky2122 Жыл бұрын
@@Oly_laura I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy Catherine Morrison Evans, a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.I recommend researching her credentials further.
@Erinmills98
@Erinmills98 Жыл бұрын
I just bought more of these a few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to expand your portfolio and you will see amazing results by investing.
@IrenaDolinsek
@IrenaDolinsek Жыл бұрын
These are surely desperate times, but in my opinion, there is no market condition that a good financial advisor cannot navigate, especially those that have existed since the crisis of 2008 and before.
@simonbad
@simonbad Жыл бұрын
@@IrenaDolinsek Yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, "KATHLEEN YANELLI CAROLE" she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@AstaKristjan
@AstaKristjan Жыл бұрын
@@simonbad Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
@simonbad
@simonbad Жыл бұрын
@@AstaKristjan Most likely, you can find her basic information online; you are welcome to do further study.
@AstaKristjan
@AstaKristjan Жыл бұрын
@@simonbad This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
@celesteelijah2515
@celesteelijah2515 Жыл бұрын
Thank you, Robert Kiyosaki, Andy Schectman. I read Ric Dad..., Cashflow...many years ago and bought silver/gold from Mike Maloney and bought and read his book also. Andy, how much are you charging for storage at Brinks?
@ivanleon8898
@ivanleon8898 Жыл бұрын
So, how do we set money aside to prepare ourselves to buy assets (Gold, Silver, BTC, Stocks) etc.... when the banks will collapes and CBDC underway??
@pointbreak333
@pointbreak333 9 ай бұрын
where do you buy metals in europe? cause if its via the classic shop, they have big margin like +100%, so its not 1:1 price to stock price
@kayak9078
@kayak9078 Жыл бұрын
Always love hearing from Andy!!
@cherylbergamyhair
@cherylbergamyhair Жыл бұрын
What about credit union bank? Are they considered similar to a regional bank?
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
@Emilio Yepez Hi , please who is the expert assisting you and how do I reach out to them?
@peterwilliams6361
@peterwilliams6361 Жыл бұрын
@Emilio Yepez Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing
@Penaming
@Penaming Жыл бұрын
If you have very little money, buy canned food, power generator, fuel and good water filter system. At least make sure you can survive the market meltdown long enough just in case the payment systems seizes up.
@TheSushmaHomeSellingTeam
@TheSushmaHomeSellingTeam Жыл бұрын
All these are great things to consider. Appreciate it, Mr. Kiyosaki. 🙌🙌
@jirajira2872
@jirajira2872 Жыл бұрын
Cash only and gold/silver for me. And also a land for you to land on when shit hits the fan. Sounds like a prepper 😁 My family is from asia and that's the family policy as far as money concerned. You have to always be prepare. Im not rich but i have all i need to take care of myself and family.
@jeleelliotm5432
@jeleelliotm5432 Жыл бұрын
I remember you Kiosaki when you said, "I do not trust our Government with our money".
@jddjackson6322
@jddjackson6322 Жыл бұрын
They're not scared cause food is still in the grocery store Netflix still working and golf courses still open
@abnashibanga2806
@abnashibanga2806 Жыл бұрын
The pensioners don't understand what's going on, it's scary. Thanks Robert your books are a life saver.
@nicholettejoan
@nicholettejoan Жыл бұрын
13:00, suggestion: convert commercial buildings into apartments? just an idea
@trishf2618
@trishf2618 Жыл бұрын
I know this is an emergency BUT.. I love your eye glasses!!
@joetrombatore5704
@joetrombatore5704 Жыл бұрын
Great guest and fantastic interview. Thanks..What do U think about gold confiscation?
@charliehoward3521
@charliehoward3521 Жыл бұрын
Either have gold in different countries or if it’s too much to load then next option is btc
@thelampstands8181
@thelampstands8181 Жыл бұрын
What do all the banks that went down have in common? Dark money and blood money.... Credit suisse was not a regional bank either.. that was a T1 bank
@neilforeman
@neilforeman Жыл бұрын
Do not support Corporations. Support/encourage small businesses whenever you can and pay with cash. Stop your money going to support your enslavement.
@louisairvin3052
@louisairvin3052 Жыл бұрын
Roberts facial expression 6mins into the video shows things are getting pretty serious! The way I see it, this financial crisis most likely has an external cause. Yet more money is being spent on stock and trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?
@roseroland1998
@roseroland1998 Жыл бұрын
The professionals are actually still crushing it right now because they have both the necessary approach to pull off a profit in this market plus access to insider market knowledge that isn't made public. For reals
@Curbalnk
@Curbalnk Жыл бұрын
@@roseroland1998 It's important you remember that there are good and bad days. It's a zero-sum game, but always remember this advice: Spend carefully, invest intelligently, and diversify your holdings so that when one performs poorly, the others will. You can do this by hiring a knowledgeable specialist whose platform offers a variety of investment options. You leave little space for regrets by doing this, and you might even gain more.
@lisaollie4594
@lisaollie4594 Жыл бұрын
@@Curbalnk Very true, I diversified my 77K portfolio across multiple market with the aid of an Investment-Adviser & I have been able to generate over 433k in net profit across high dividend yield stocks, ETF and bonds in few months.
@anthonyrussell5718
@anthonyrussell5718 Жыл бұрын
@@lisaollie4594 Please would you mind suggesting a professional with a variety of investment options? extremely rare, and I eagerly await your response
@lisaollie4594
@lisaollie4594 Жыл бұрын
@@anthonyrussell5718 My advisor is ‘’KAITLIN ROSE STERNBERG’’ 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.
@edwardtucker8219
@edwardtucker8219 Жыл бұрын
Thank you, Robert. I did not know of Andy Schectman until you had him on your program those many months ago. Great to see him back again!
@justsayin4017
@justsayin4017 Жыл бұрын
How does one make a reasonable cash withdrawal from a bank account?
@matthewlembke6788
@matthewlembke6788 Жыл бұрын
What about credit unions? In the situation
@jojo90s4
@jojo90s4 Жыл бұрын
Thanks for another great 👍 show
@anthonysogluizzo7152
@anthonysogluizzo7152 Жыл бұрын
What about credit unions? Is it worth moving money from a regional credit union as well?
@na6977
@na6977 Жыл бұрын
credit unions the same
@kathleengivant-taylor2277
@kathleengivant-taylor2277 Жыл бұрын
Question might u consider safe for one’s money?
@ilzewentzel1580
@ilzewentzel1580 Жыл бұрын
Hi. Heard the term - dollar devalue. Replace with digital currency. When I buy stock (present dollar currency) and devaluation starts to take effect, how come it is still wise to invest with the dollar as the currency. South African Rand will then kind of collapse. Do you mind explaining to us, how this plays out - it looks to me like a three-some (local currency, Dollar, and currency of choice/alternative). Thank you in advance.
@Erich560
@Erich560 Жыл бұрын
If you don´t have a lot of money buy food before it is getting more expensive
@andrewrx88
@andrewrx88 Жыл бұрын
Do not comply with tyranny. Make sure they hear our voices. We the people hold the power
@na6977
@na6977 Жыл бұрын
knowledge is power
@harold.one.feather
@harold.one.feather Жыл бұрын
Tar and feather bankers, real estate speculation, financial advisors....they make the best soup
@lukesnider7451
@lukesnider7451 Жыл бұрын
Buy suppressed foriegn curency.
@lubosimaboshe
@lubosimaboshe Жыл бұрын
When the banks go out that means business cant make employee payments
@rosekrynzel6424
@rosekrynzel6424 Жыл бұрын
All of our money is in gold and silver and Crypto now. Thank you for doing these videos. (We purchased all of our gold and silver from Andy 🙏)
@keltaruusutravels4024
@keltaruusutravels4024 Жыл бұрын
Great idea. Just be sure to be completely out of debt, first
@UltimateBargains
@UltimateBargains Жыл бұрын
Jim Rickards recommends Productive Real Estate, Bullion Gold, and Investment Grade Fine Art. I know nothing about Fine Art, so I am staying with real estate and precious metals.
@LoloLolo-nv1wg
@LoloLolo-nv1wg Жыл бұрын
Thuan Fish Is a good assets.
@hoanganhdao68
@hoanganhdao68 Жыл бұрын
Thank Sir Kyosaki for great teaching videos for all over the world! 😊👍
@joegreen3977
@joegreen3977 11 ай бұрын
What was the name of the bank he started?
@billypickren758
@billypickren758 11 ай бұрын
Yes I own 5 ounces of silver right now it's not a lot but it's ber then no silver
@MiggyFawkesy
@MiggyFawkesy Жыл бұрын
At the end of the day, the #1 "Consumer" country will prevail
@lswatEnt
@lswatEnt Жыл бұрын
I have learn alot and started to invest and silver and forget about keeping the dollar and i have been feeling blessed in my life
@geraldcliver1496
@geraldcliver1496 11 ай бұрын
Well, I am terrified. I don't know what will happen, just what should happen.
@maj.kamper9314
@maj.kamper9314 Жыл бұрын
What about credit unions?
@jeffreyrichardson
@jeffreyrichardson Жыл бұрын
perfect love bouquet tina what did laurie say eds achillies pay
@rifkidrsmn
@rifkidrsmn Жыл бұрын
Always loves Andy!
@sophianraden6913
@sophianraden6913 Жыл бұрын
Best show on youtube hands down
@ellismacmillan7959
@ellismacmillan7959 Жыл бұрын
This banking crisis is happening in America right now, is it likely to expand to most of the other countries as well? Apologies for the dumb question. I'm trying keep my self educated on all this kind of stuff that's happening. Thanks
@na6977
@na6977 Жыл бұрын
24 countries do not accept fiat currency . Right, world-wide.
@TrungNguyen-wl8th
@TrungNguyen-wl8th Жыл бұрын
thank you
@MM-cp4mi
@MM-cp4mi Жыл бұрын
Silver and gold seller says buy silver and gold ...ok got it
@jimmey011
@jimmey011 Жыл бұрын
Does anyone know how you're going to pay your property taxes, utility bills ect. with your PM's when your country's government has made CBDC the only currency that is excepted as payment? In this question I am asking, you must realize that without the Digital ID in my country you will not even be able to use a bank. The country I'm speaking of is Canada, not sure how this is playing out in the US.
@redrustyhill2
@redrustyhill2 11 ай бұрын
The same way you can "pay" bills with PMs today.
@kathleengivant-taylor2277
@kathleengivant-taylor2277 Жыл бұрын
What is safer investment now? Iam considered about my mother in stocks and mutual funds?
@keithconti6057
@keithconti6057 Жыл бұрын
this is why they will do cbdc right away digital
@UltimateBargains
@UltimateBargains Жыл бұрын
The federal debt represents the cost of socialism and hegemony.
@LadyMJustice
@LadyMJustice Жыл бұрын
@Ultimate I think Socialism is humanism when we s not weaponized.
@TromboneMusicMS
@TromboneMusicMS Жыл бұрын
No, socialism only produces lazy people who don’t produce anything for the economy
@peaceandlove544
@peaceandlove544 Жыл бұрын
Neo-Socialism/Feudalism/Techno-tyranny (.1% all resources, power, rights, privileges, 99% "You will owe nothing and be happy" - with no privacy, no rights, just obligations and a very very small universal income)
@michellemurray7862
@michellemurray7862 Жыл бұрын
Fabulous show! Thank you. Spot-on information!
@grmsmo
@grmsmo Жыл бұрын
Why doesn't Andy's coin company not ship to California?
@micksingh6711
@micksingh6711 Жыл бұрын
People don't care. That's 100% right. I tell people things that you talk about but people don't care or don't want to know. 🇬🇧
@na6977
@na6977 Жыл бұрын
Most people do not care at all. Then there are the smart ones :)
@gtlassiter4437
@gtlassiter4437 Жыл бұрын
JICYMI Next month 81 Countries will be meeting in Saint Petersburg, Russia Regarding the Gold Backed Currency. Would you care to elaborate on this meeting?
@caomanhquan5840
@caomanhquan5840 Жыл бұрын
I don’t know how can you do that but none of that work in my place,people only get rich when they sell your book
@wonderaboutall1928
@wonderaboutall1928 Жыл бұрын
New wizard ofOZ-Yellin
@gunmetalblue7714
@gunmetalblue7714 Жыл бұрын
Schectman kicks ass! What a show! Wheel barrow full of cash? My wheel barrow is going to be full of gold and silver!
@blairjohnson8475
@blairjohnson8475 Жыл бұрын
Outstanding content that help’s understand how all this will play out. Keep it up look forward to the next one
@LoloLolo-nv1wg
@LoloLolo-nv1wg Жыл бұрын
Still... Gold coins is cool and personal.
@suewills3514
@suewills3514 Жыл бұрын
most people do not have 5000.000 cash in the bank ---
@shubhamkumar-pu7ws
@shubhamkumar-pu7ws Жыл бұрын
8:31
@sainakhtar9097
@sainakhtar9097 Жыл бұрын
Love you Sir.
@angellic6437
@angellic6437 Жыл бұрын
I‘m holding BTC right now too
@6.33Matthew
@6.33Matthew Жыл бұрын
Friday, 5/26 is National pull your currency out of the bank day. Get it out now while you still can. If you see the train, get off the tracks.
@DU85
@DU85 Жыл бұрын
The correct number of Empire State Buildings that New York has in empty office space is 26.6. Crazy 😮
@gugumpanza3665
@gugumpanza3665 Жыл бұрын
🙏waiting patiently 🇿🇦
@streetscienceofficial8675
@streetscienceofficial8675 Жыл бұрын
Africana zamina mina Zangalewa,
@ststephen1231
@ststephen1231 Жыл бұрын
I heard you have been dissing the Economic Ninja. Q1 is this true ? Q2 what did you say ?
@LAStreetPreacher
@LAStreetPreacher Жыл бұрын
We need a Gold and Silver based money system because these two precious metals have proved worthy by the Lord as real money for over 5,000 years. Fiat money is an attempt to play God by the U. S. Government.
@ps12340
@ps12340 Жыл бұрын
Your absolutely correct!
@fwefhwe4232
@fwefhwe4232 Жыл бұрын
way before 5000 years. You are referring to a kristian mythology where a kristian 'god' created earth 4004 BC lol
@traciedoneis5746
@traciedoneis5746 Жыл бұрын
5:27 my opinion......I am seeing karma....if you are of money....you allow your existence of life to focus more on the
@KittyKatTat
@KittyKatTat Жыл бұрын
Why has the physical U.S. hundred dollar bill been redesigned to be half gold (right side) / have green (left side) ? Also very little talk of the CBDC in this video. Is there a separate show on this new digital currency and how it connects to ISO 20022 / BASEL IV?
@reefsecuritysolutions112
@reefsecuritysolutions112 Жыл бұрын
Care? Yes we do, we just don't know what to do...for real purposes, not just hide behind government programs and more. People don't trust Politicians and their watch dogs [FBI, CIA, IRS and others]. Give us how to survive options and let the people decide what to do.
@troxlerh437
@troxlerh437 Жыл бұрын
My question is...how will credit unions make out in this crisis?? Will they do the bail in part too?!?!
@KittyKatTat
@KittyKatTat Жыл бұрын
Dodd-Frank applies to all financial institutions regardless.
@na6977
@na6977 Жыл бұрын
SAME
@MrDaedae01
@MrDaedae01 Жыл бұрын
Let’s see if it’s really true and can really happen. It has always been a scare tactic.
@LoloLolo-nv1wg
@LoloLolo-nv1wg Жыл бұрын
gold coins is cool and personel
@xDasIgelchenx
@xDasIgelchenx Жыл бұрын
Crystalline, certified osmium is also a recommendation!
@fuzzresponder2225
@fuzzresponder2225 8 ай бұрын
Okay, but what are you selling or getting out of this video....Ohh! Andy Schectman, is President/Owner Miles Franklin Precious Metals. 🤣🤣
@ginar7187
@ginar7187 Жыл бұрын
THE BOTS LOVE YOUR COMMENTS SECTION 😂
@overbuiltautomotive1299
@overbuiltautomotive1299 Жыл бұрын
stock i never a ting i thought is logical non tangible goods aka make believe bs
@Hokua888
@Hokua888 Жыл бұрын
Hello, Robert, What is the POINT OF CHICKEN … ????? DA-POINT; YEA✊🏼
@davidhansen7115
@davidhansen7115 Жыл бұрын
Love the cowboy round! Looks spectacular.
@Windarti30
@Windarti30 Жыл бұрын
Working with a financial expert could truly set you up for life. I'm delighted I was able to contact my coach Rodger Michael Karl earlier this year because while others were busy whining about the downturn I was busy cashing out from my portfolio, finally making over 370k only for the first quarter. of the year.
@LewisAtonn
@LewisAtonn Жыл бұрын
I also had to look him up on google,I Found his webpage & left a message hopefully he responds soon. Appreciate!!!!
@WiolciaMrozowska531
@WiolciaMrozowska531 Жыл бұрын
@@LewisAtonn Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.
@duckhunter8387
@duckhunter8387 Жыл бұрын
Would be nice if you put the Emergency Podcast # in the title. Great Show BTW.
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