rich Dad Poor Dad - Robert Kiyosaki [FULL SUMMARY]

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LITTLE BIT BETTER

LITTLE BIT BETTER

Күн бұрын

7 Lessons To Get Rich From Robert Kiyosaki's "Rich Dad Poor Dad"
👉📕 Buy the book here: amzn.to/3Rtr9fM

Пікірлер: 840
@littlebitbetter7
@littlebitbetter7 2 ай бұрын
Check out 2nd book from Robert Kiyosaki called INCREASING YOUR FINANCIAL IQ - kzbin.info/aero/PLlbl0lCipVeM3Ci3pG5GaiVcL01UMw9Z4&si=WTciMOspeBEQuvcp
@krajames4624
@krajames4624 Ай бұрын
Q
@davidmwangi7592
@davidmwangi7592 3 күн бұрын
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
@hersdera
@hersdera 8 күн бұрын
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
@HectorWhitney
@HectorWhitney 8 күн бұрын
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk.
@PaulKatrina.
@PaulKatrina. 8 күн бұрын
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
@ScottKindle-bk3hx
@ScottKindle-bk3hx 8 күн бұрын
Wow! This is just mind-blowing. I have set aside $80k since the start of the year, but I've been hesitant to go into the market by myself because of fear of a crash. How about you recommend your financial advisor, please? I could really use some help.
@PaulKatrina.
@PaulKatrina. 8 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@jones9-
@jones9- 8 күн бұрын
Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
@tmer831
@tmer831 Ай бұрын
if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries
@DavidCovington-st2id
@DavidCovington-st2id Ай бұрын
the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.
@mikey43221
@mikey43221 Ай бұрын
Well said, with the help of the an investment advisor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).
@SteveDutton-v
@SteveDutton-v Ай бұрын
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation
@mikey43221
@mikey43221 Ай бұрын
“Vivian Carol Gioia’’ You can easily look her up, she has years of financiaI market experience.
@SteveDutton-v
@SteveDutton-v Ай бұрын
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
@bkmitch100
@bkmitch100 Ай бұрын
I read this book about 15 years ago. Many of the lessons are sound. I was living paycheck to paycheck. I now own a home with over half a million in equity. Do not constantly budget to make sure bills are going to be paid. I am an active stock trader. While the market was going red my account was running greener then ever. Take the time to learn as much as you can about money and how it works. I will not happen over night. Also some background, I am native american and grew up very poor. I did not have running water and had electricity via generator. you can do it, just one step at a time and belief in yourself.
@blessedjoan9927
@blessedjoan9927 6 күн бұрын
I read it this month few days ago
@johnlennon232
@johnlennon232 5 ай бұрын
In my view, staying invested is not just a financial strategy; it's a philosophy that aligns with long-term wealth-building. Markets have their ups and downs, but history has shown that, over time, they tend to appreciate. By weathering the short-term fluctuations and remaining invested, one has the opportunity to benefit from the compounding effect, capitalize on market recoveries, and achieve financial growth. Staying invested requires patience, discipline, and a focus on the bigger picture - a strategy that, in the journey towards wealth, has proven to be consistently rewarding.
@alexyoung3126
@alexyoung3126 5 ай бұрын
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
@lawerencemiller9720
@lawerencemiller9720 5 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@williamyejun8508
@williamyejun8508 5 ай бұрын
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
@lawerencemiller9720
@lawerencemiller9720 5 ай бұрын
Natalie Marie Tuttle, advanced lady in her 40s and professional, reserach if you care for supervision.
@williamyejun8508
@williamyejun8508 5 ай бұрын
Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.
@blackhowl19
@blackhowl19 5 ай бұрын
TLDR Rich Dad: Emphasizes the importance of financial education. Advocates for assets that generate passive income (investments, businesses). Believes in taking calculated risks to achieve wealth. Poor Dad: Focuses on traditional education and job security. Encourages working for a stable paycheck and saving money. Believes in avoiding risks and sticking to the conventional path. Key lessons: Invest in Assets: Acquire income-generating assets rather than liabilities. Mindset Shift: Develop a mindset geared toward financial independence and entrepreneurship. Financial Education: Continuously educate yourself about money and investing. Ultimately, the book encourages readers to challenge conventional beliefs about money, work towards financial literacy, and strive for financial independence.
@adamross4295
@adamross4295 5 ай бұрын
Hedge funds will fuck up your mid to small caps with naked shorting.
@HubertoMadalena-rz4xs
@HubertoMadalena-rz4xs Ай бұрын
financial education means nothing if you have to work to feed yourself and your family
@emmanuelessiet8048
@emmanuelessiet8048 24 күн бұрын
@JBeezyJesusFreak
@JBeezyJesusFreak 23 күн бұрын
The more knowledge you have about money, the more you make it work for you. You can have two people that make the same income but one be a saver and one be a spender.​@HubertoMadalena-rz4xs
@ZeeMan-xu9kx
@ZeeMan-xu9kx Ай бұрын
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
@LogicOG-my2ho
@LogicOG-my2ho Ай бұрын
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
@ZeeMan-xu9kx
@ZeeMan-xu9kx Ай бұрын
Please educate me, i'm willing to make consultations to improve my situation,
@ReyesM-oz9li
@ReyesM-oz9li Ай бұрын
I even thought I'm the only one she has helped walk through the fears and falls of forex trading.....
@ZeeMan-xu9kx
@ZeeMan-xu9kx Ай бұрын
Please how do I find this financial counselor?
@ZeeMan-xu9kx
@ZeeMan-xu9kx Ай бұрын
I'd love to know this mentor of yours
@JefferyDuns
@JefferyDuns 2 ай бұрын
I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
@mikeroper353
@mikeroper353 2 ай бұрын
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
@PatrickLloyd-
@PatrickLloyd- 2 ай бұрын
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@PhilipDunk
@PhilipDunk 2 ай бұрын
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
@PatrickLloyd-
@PatrickLloyd- 2 ай бұрын
“Melissa Rose Francks’' 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.
@PhilipDunk
@PhilipDunk 2 ай бұрын
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@alexmousley7213
@alexmousley7213 9 ай бұрын
The irony is that Kiyosaki made money selling courses about making money, his other businesses failed and he got his leg up by selling courses to people in a pyramid scheme!
@bengali481
@bengali481 6 ай бұрын
and before that he scammed friends and family with amway
@mikhailvarkovsky4150
@mikhailvarkovsky4150 6 ай бұрын
Most of the book is heavy larping and stories that never happened. Also investing in real estate is boomer advice at this point, in these dystopian times is just too expensive to acquire one single house to live in. I find the real lesson of the book is writing a best seller with a catchy controversial title and live off the royalties, you don't even have to write a great book, write trash like The power of now and people will flock to buy it
@Zach-ls1if
@Zach-ls1if Ай бұрын
A lot of other people that are rich receive a significant inheritance at some point. That’s actually a big factor that separates many middle class from rich.
@markganus1085
@markganus1085 Ай бұрын
thank God for at last a non-bot comment
@Zach-ls1if
@Zach-ls1if Ай бұрын
@@markganus1085 I’m gay
@taranggwesu3349
@taranggwesu3349 5 ай бұрын
One of the books that brought change to my perception towards life
@goingdarko
@goingdarko 5 ай бұрын
I read the book. All i got out of it was basically take advantage of people, gaslight them, never pay a living wage, and rake in profits.
@thombaz
@thombaz 2 ай бұрын
So, all my bosses read this book.
@goingdarko
@goingdarko Ай бұрын
@@thombaz and
@kimwieczorek1879
@kimwieczorek1879 5 ай бұрын
This was my 2nd fav. book. My fav. book was The Millionaire Next Door.
@AndrewReginald
@AndrewReginald 4 ай бұрын
*Good investment ideas will hold their value or increase in value for long time. This will allow you to exit at a good price. Short time investment's should have a high level of proper guide. Thanks to Mylah Evander the lady you recommended*
@AndrewReginald
@AndrewReginald 4 ай бұрын
That woman totally changed my life for good. I have come across individuals but none is as honest as Mylah. So surprised you know her too.
@AndrewReginald
@AndrewReginald 4 ай бұрын
SHE'S MOSTLY ON TELEGAMS WITH THE BELOW NAME!!!
@AndrewReginald
@AndrewReginald 4 ай бұрын
MYLAH EVAN1
@Dr.Ganhym
@Dr.Ganhym 5 ай бұрын
Great summary. Thank you for sharing
@ninicraftstudio
@ninicraftstudio 5 ай бұрын
So I was watching this with my 8-year-old son beside me, suddenly at 5:15 he asked me, "Why do we have to live long? What's the point of living on this earth?"
@ri28ch28
@ri28ch28 5 ай бұрын
You should live long to help others - many, many people, for a long, long time. To be able to help others, you need to get rich. To be able to get rich, you need to get educated.
@SawzawOrSomething
@SawzawOrSomething 5 ай бұрын
Tell him We don't live long actually, if you compare any one moment to the rest of your life time, it seems long sure. Though should you compare the time of one's life to all the rest of time out side of that life.. that humans life happens faster than a moment
@dumpsterfire6351
@dumpsterfire6351 4 ай бұрын
Life is about much more than money. Make good ethical decisions and live a full life.
@ninicraftstudio
@ninicraftstudio 4 ай бұрын
​@@ri28ch28Exaclty what I told him but not only people but the animals too.
@Millwall42
@Millwall42 3 ай бұрын
You have a smart kid.. His point was... is this what life is all about?.. or we've a purpose here...
@auragabriela
@auragabriela 5 ай бұрын
Thank you for your time! 😘❤
@allenheydari356
@allenheydari356 6 ай бұрын
In 2010, the Canadian Broadcasting Corporation did an exposé on scams that were being perpetuated by Kiyosaki's company in Canada in the guise of seminars.[23] Upon tracking the success claims of "Rich Dad" seminar organizers, they discovered that these claims were not true. Investments in trailers and trailer parks, which were being propagated as "successful" by seminar teachers, were found to actually be barren pieces of land that no one was using. Kiyosaki's advice has been criticized for emphasizing anecdotes and containing nothing in the way of concrete advice on how readers should proceed or work.[24] In 2006 and 2007, Kiyosaki's Rich Dad seminars continued to promote real estate as a sound investment, just before their prices came crashing down.[25]
@buddyrevell511
@buddyrevell511 5 ай бұрын
Your information might be valid, but there is nothing in this video that doesn't ring true. Phenomenology shows us that it is.
@davidbolton6691
@davidbolton6691 5 ай бұрын
"The Canadian Broadcasting Corporation"
@andrewferguson222
@andrewferguson222 5 ай бұрын
@@davidbolton6691 Yeah we usually call it the CBC, they're a very reputable news source, and they're absolutely correct that Kiyosaki's business is pyramid schemes dressed up as seminars that are essentially drawn out versions of this video. Don't join Amway
@danielhancock6953
@danielhancock6953 5 ай бұрын
The advice in the video is excellent and true for an ambitious person. It was easier for me to get rich when i learnt the method of diversification for my investment portfolio. Like spread my investments across different asset classes to manage risk. I focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks and bonds. Used the value strategy to seek out undervalued assets for potential long-term gains. Worked magic!
@danielhancock6953
@danielhancock6953 5 ай бұрын
Not because of ignorance, It's because of the high rate of unprofessionalism in the crypto market.
@henrymark1379
@henrymark1379 5 ай бұрын
The crypto market has been unfavorable for months and i keep losing my money selling off during dips, i'm very scared of holding right now. how do you guys still make so much?
@danielhancock6953
@danielhancock6953 5 ай бұрын
As a beginner investor, it's essential for you to have a mentor to keep you accountable . Myself I'm guided by Mrs Olivia Brown, a widely known crypto consultant
@clarabrown9920
@clarabrown9920 5 ай бұрын
Crypto is a whole different ball park. I would only invest funds in it that you are willing to lose or don't need. In terms of day trading crypto I don't keep a eye on anything at the moment except XRP. Wouldn't be right guy for day trading crypto
@danielhancock6953
@danielhancock6953 5 ай бұрын
That's right, you need an experienced trader to make good profits trading cryptocurrencies
@dovefooks
@dovefooks 5 ай бұрын
This is so good. I love the book but I love the visuals of this video more. Thank you!!
@Najmu651
@Najmu651 6 ай бұрын
Thanks for rich dad & poor dada Summary
@bollweevil8112
@bollweevil8112 4 ай бұрын
Rich people need poor people to do things for them. Rich people care less about humanity. Most people want enough money, but don’t want to be a rich person
@tittos9651
@tittos9651 Ай бұрын
There is a desire to be rich if you want the capability of helping people.
@ameliaemerson2250
@ameliaemerson2250 5 ай бұрын
The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances.
@Mikael00898
@Mikael00898 5 ай бұрын
Spot on. The market presents different opportunities to create passive income, with the right skill and proper understanding you're good to go.
@yung1448
@yung1448 5 ай бұрын
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.
@getitbig9142
@getitbig9142 5 ай бұрын
​@@yung1448How were you able to make that much? Seems like I'm not lucky enough.
@yung1448
@yung1448 5 ай бұрын
I diversify my portfolio into real estate crowdfunding, stocks, and cryptomarket. Although I'm able to achieve this growing with *Olivia Charlotte Oswald.*
@getitbig9142
@getitbig9142 5 ай бұрын
I'm very much aware of the great benefits of working with a pro but I haven't found one for myself.
@paigek518
@paigek518 2 ай бұрын
Thank you for summarize the book in a such easy fun to watch video. Please do more books😊.
@alessandromariani3015
@alessandromariani3015 6 ай бұрын
Earning money isn't a science , it's an objective... like going into a shop to get some shoes. Science tells you how to improve, like everything, and the right name for such science is Finance, which study exactly that. So finance it's a science that study all the possible ways of obtaining, managing and using money.
@ebukadandy5548
@ebukadandy5548 3 күн бұрын
Wow
@cray-d_rsa
@cray-d_rsa 5 ай бұрын
Very great summary ❤❤
@damienwilliams9183
@damienwilliams9183 6 ай бұрын
I needed to hear this again thanks.
@L.A.---
@L.A.--- 6 ай бұрын
Thank you for this video.
@maltagoya2
@maltagoya2 10 ай бұрын
Great summary 😊
@user-js6hb6id2d
@user-js6hb6id2d 6 ай бұрын
Awesome presentation
@bobbyvolantine9550
@bobbyvolantine9550 6 ай бұрын
Thank you for these beautiful informative video i wish we knew yesrs ago thank you
@litoace-sw9zf
@litoace-sw9zf 5 ай бұрын
Very interesting. When you get a chance you def gotta listen
@mentalwellnessdialogues
@mentalwellnessdialogues 5 ай бұрын
Very informative content
@HumbleGolds
@HumbleGolds 6 ай бұрын
Loved. Thank you. Gotta say I read it but seeing in video quickly brings back greatest info.
@fuhlaura7090
@fuhlaura7090 6 ай бұрын
Thank you so much ❤
@dennismurage5560
@dennismurage5560 6 ай бұрын
Thsnkyou the good summary, i've learned.
@mrki412
@mrki412 2 ай бұрын
Book doesn't tell you that many ppl invest and only small amount of ppl suceed. Some things are stupid in this video, increase in cash increases consumption of money, but we all earn money to use it, not to watch it or invest it at all cost, life goes on, somebody wants good watch, nice car, etc.
@eboselegodswill8625
@eboselegodswill8625 6 ай бұрын
Thank you for this
@GolDRistigian
@GolDRistigian 6 ай бұрын
Life changing. Thank you for posting.
@GoodVibes-ie7vx
@GoodVibes-ie7vx 5 ай бұрын
Rich character is priceless and infinite in life creating overall bliss for human beings .See u in heaven.
@CS-up2iu
@CS-up2iu 5 ай бұрын
Thanks!
@umarabdulkadir6149
@umarabdulkadir6149 5 ай бұрын
Thanks for this amazing video 🎉
@daggixd1487
@daggixd1487 7 ай бұрын
Repeating this video over and over again starting from October 1
@WanBadGaming
@WanBadGaming 4 ай бұрын
Thank you for the lesson. Surely I will be rich someday.
@AndersonFair-cy2bb
@AndersonFair-cy2bb Ай бұрын
Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
@bisongpeter3536
@bisongpeter3536 7 ай бұрын
I'm a student in Nigeria I'm working on a project Marine debris evacuator My course mates and I we are 8 in number We need a push and help from anyone out there who cares about the aquatic life and Marin environment to take this project out to the world to help preserve the marin ecosystem.
@ShadoSpartan44
@ShadoSpartan44 6 ай бұрын
Appreciate the summary, the important thing for people is to open your mind and listen to all the different ways to make money. Best way is to invest your money that will start paying you back over time
@meggrain553
@meggrain553 10 ай бұрын
I love this paradigm shift 🎉
@riku3716
@riku3716 6 ай бұрын
Not allowed to ask question before choosing becaude decisiveness. Good decision is based on information. Acting like taking a moment to ask questions is wrong just encourages people to rush into decisions without consideration.
@user-ch2ju4sj1e
@user-ch2ju4sj1e 3 ай бұрын
As you can see on the example of the rich dad and Robert himself, there is no better business than preaching.
@Amanovich7
@Amanovich7 6 ай бұрын
Brilliant!
@trusttheprocess369
@trusttheprocess369 6 ай бұрын
Your videos are amazing and this is my favorite so far! Thank you!!!
@Uncle_Constant
@Uncle_Constant 6 ай бұрын
Thanks so much
@aylentitotto165
@aylentitotto165 2 ай бұрын
great summary! thank you!!!
@mavisagyire-tettey3801
@mavisagyire-tettey3801 7 ай бұрын
Love it, thanks for making this video
@EhriesMutelembi-jq2cj
@EhriesMutelembi-jq2cj 5 күн бұрын
Awesome summary thanks❤❤
@nileshrughani1354
@nileshrughani1354 4 ай бұрын
When I was 13 I read this book and it changed my perspective if money
@BlackBearSuperFan96
@BlackBearSuperFan96 7 ай бұрын
Ok so.....have rich parents got you
@amirdan2327
@amirdan2327 5 ай бұрын
How the hell 2 kids with no money opened a library with tons of comic books?
@zebrakiller69
@zebrakiller69 2 ай бұрын
Same way someone bought a 75K house with 20K from money they borrowed with a friend.
@oORiseAboveOo
@oORiseAboveOo Ай бұрын
They probably had a lot themselves, and maybe traded some collections off of friends for other stuff.
@matiasantoniocafemba
@matiasantoniocafemba 7 ай бұрын
I love to much this channel✍️✍️😁😁🤝🤝
@ajaoyusuff1369
@ajaoyusuff1369 10 ай бұрын
You are doing a great job 👍
@esmolol4091
@esmolol4091 5 ай бұрын
#1. True, the rich get money from their parents, passed over the generations. House, property etc. which makes life easier instantaneously for the kids, since they don't have to pay rent, furniture, etc. when they are grown up. You can't turn into a millionaire just by working hard. It's impossible, without insane luck. It's still better to be able to work hard, even if the outcome might be low. Being wealthy from your heritage increases the risk to feel entitled but being lazy and a despicable person.
@richardlyman2961
@richardlyman2961 5 ай бұрын
You can definitely become a millionaire with hard work, I’m only 18 and I’ve already touched a quarter mil. You need to take risks and work hard.
@HubertoMadalena-rz4xs
@HubertoMadalena-rz4xs Ай бұрын
it's impossible to become a millionaire with hard work and discipline alone. you need something else to amass such a huge amount of wealth. usually it involves bendable work ethics, mastery of how to manipulate people and light connivery to get the right people on your side and some lack of empathy.
@Financial-Education101
@Financial-Education101 10 ай бұрын
Nice summery. Great content my friend.
@Hroffsimeonov
@Hroffsimeonov 5 ай бұрын
Nice, good job there, extremely valuable summery of that masterpiece of Kiyosaki!
@patrickukeh6967
@patrickukeh6967 7 ай бұрын
You make really nice videos
@monkeybanana9269
@monkeybanana9269 6 ай бұрын
Was a really good book. Worth the read.
@imatrader32
@imatrader32 10 ай бұрын
Loved this video....
@BosnMate16
@BosnMate16 Ай бұрын
Thank you for this! You explained it very simply and thoroughly. Much appreciated.
@jidaloida106
@jidaloida106 3 ай бұрын
Making my first 100k has been a marathon although I started my goal months ago, I am 26 and at 75k now, I spend but consciously just work, Invest and mostly day trading, thanks to my fiduciary Benjamin ravies, I am blessed and I believe I will keep growing
@finny_
@finny_ 3 ай бұрын
Nice, great path to make and retain capital but what does your fiduciary do for you? I want to give this it a try if you don't mind sharing, but 75k at 26 years is quite a milestone so cheers
@olivia4182
@olivia4182 3 ай бұрын
You mentioned your fiduciary is the one trading for you, how do I reach him to help me do same
@jidaloida106
@jidaloida106 3 ай бұрын
Benjaminravies that’s his mail
@jidaloida106
@jidaloida106 3 ай бұрын
@@finny_haha, thanks for your kind words but discipline is the manor key, that's what brought me this far
@olivia4182
@olivia4182 3 ай бұрын
Thank you, I will get in touch with him now
@TinyBlueButterfly
@TinyBlueButterfly 6 ай бұрын
I'm your new fan here from Philippines 🇵🇭 I like your content which is discussing about financial books 📚 I hope you will also have a summary for "Atomic Habits" 🙂 Thank you and God bless.
@michaelevans-jt4uq
@michaelevans-jt4uq 2 ай бұрын
Thanks for the video, hopefully I will rich someday.
@RobertsMchaga-oe1iz
@RobertsMchaga-oe1iz Ай бұрын
I really want to have and read this book, Rich Dad and Poor dad.
@theresnothinghere59
@theresnothinghere59 5 ай бұрын
There is a little problem here: "to be rich you have to buy assets". With what money exactly, if you are not already rich?
@theresnothinghere59
@theresnothinghere59 5 ай бұрын
In italy you can't sell a house you just bought.
@khosienhle7060
@khosienhle7060 10 күн бұрын
Get a job first save money as much as you can
@El-Toro.
@El-Toro. 5 ай бұрын
You are amazingly talented
@georgeokoth6451
@georgeokoth6451 Ай бұрын
This video makes me try looking for the book even though am not a reading fan
@rexj6888
@rexj6888 6 ай бұрын
Thanks for the video which saved me time to go through the book.
@samwelyremy4103
@samwelyremy4103 2 ай бұрын
Amazing one ❤
@tata-kj5jz
@tata-kj5jz 3 ай бұрын
Oh how much i love self awareness
@bloodmerchant4960
@bloodmerchant4960 5 ай бұрын
For short u need to be an employee first to be able to become rich as a ordinary person.😅 and take risk afterwards
@edwardk3
@edwardk3 Ай бұрын
The narrator's voice is classic bartender's voice.
@kadiraden3728
@kadiraden3728 3 ай бұрын
Thank you very much it's like reading the for the second time.
@reidhaagenson9259
@reidhaagenson9259 5 ай бұрын
Robert kiyosaki was saying he best investment was canned food a couple years ago … great advice
@memonm786
@memonm786 5 ай бұрын
Thank you!
@CurtisKJohnston
@CurtisKJohnston 10 ай бұрын
Great video.
@mohapimosolo5428
@mohapimosolo5428 10 ай бұрын
This is really an amazing channels for people like who don't like to read but still would like to consume the right knowledge
@dr.a392
@dr.a392 4 ай бұрын
great work
@kelvinth30
@kelvinth30 6 ай бұрын
When someone can tell you when to work , what to wear and how to behave you are not wealthy in freedom , financial and mind
@WatchMeShadow1
@WatchMeShadow1 26 күн бұрын
True, but that's how any economic system will work once it gets large enough. Maybe this advice would've worked in the 1980's downwards but such advice no longer works in todays economy. Only skilled day jobs allow for the potential buying of worthy assets. The rich do have a tendency to screw over the people making them their money, and the corporate/stock system is nothing more than a corrupt and broken system that allows for ease of use in corruption.
@maxisbored
@maxisbored 6 ай бұрын
Summary: obtain money by convincing others into working for little or no money. when you have [their] money, sell it for real estate to further exploit people by allowing them to live there while you use that exact income to pay your mortgage, charge them as much as possible so that it can also include tax and repairs, then leverage it further by buying using that equity for another house, only to rent out again. Do this while living with your parents, and by 35 years old you'll easily have several properties and enough equity to comfortably retire. Wealth doesn't get made. One cannot exactly print money, or assets. Wealth is "given", usually by means of exploitation. I say exploitation because for the renter in my example above, they do not have an option to rent a house or not. They NEED accommodation, and if they do not have enough money for a 10% downpayment, they are FORCED to give their money away and unable to obtain equity. As a landlord, you can exploit that. By forcing poor people to live in your property so you can buy another is exploitation, you are using their work for your equity. I grew up renting, my mom did too. I'm 3/4 saved up for my down payment, and should have the rest in a few years. I won't have a comfortable retirement, but my kid will. The world of finance is aggressive and scary, but the sooner you understand this, the sooner you stop being a giver but a taker. This video, while entertaining, fails to properly illustrate that.
@SmirnovPro
@SmirnovPro Ай бұрын
Thanks for mind opening ❤
@godcaresdavid1503
@godcaresdavid1503 2 ай бұрын
Thanks for that great help.
@joelanderson4025
@joelanderson4025 4 ай бұрын
Its all well and good to say that most people earn money because we're afraid of being poor. But why then would you bother to try and be rich? What's their goal?
@williamarias444
@williamarias444 7 ай бұрын
Excelente,
@user-xl1ig1bn6i
@user-xl1ig1bn6i 7 ай бұрын
I have started to employ the teachings of Rich Dad Poor Dad. I always ask myself if whatever I am buying is an asset or a liability. I prioritize assets over liabilities. Inthe process, I invested in some startups got some money then lost it again. However, I have seen that there is more money in an investment than whatever you earn from a salary. Obviously, I would invest again. I have also managed to sucure an asset that soon is going to save me about a third of my salary. So, maybe, I should count myself a rich dad now. However, I am nowhere near any riches right now. It's a process to get there but the beautiful thing is to start the process early enough and to have a clear idea of what to do to reach where you intend to. I'm loving the process. Thank God.
@macheifach
@macheifach 5 ай бұрын
Can you elaborate more? What exactly did you invest in at which price and which date? What is this asset, you're talking about? My problem with all the self help in finance bs is, that it NEVER gets tangible, always stays vague and within concepts and mind sets, builds motivation and hype for the reader/listener but when it comes to actually acting in the real world (what execrably are the next small steps within the next 48 hours? What is the milestone for the next two weeks and the EXACT steps towards that milestone? What are the milestones for the next few months etc.) it NEVER goes into any detail at all, it NEVER gets tangible, always stays somewhere in a meta-realm, that has no real life application, that can be acted upon right now. I have yet to find a book, that actually made someone money.
@helim0101
@helim0101 5 ай бұрын
Where have i been that i didnt find you here before.
@user-mx7fc9eb4k
@user-mx7fc9eb4k 3 ай бұрын
amazing content bravo
@adetayoonasanya1131
@adetayoonasanya1131 6 ай бұрын
I like Robert's anslysis and this video
@flowjohnny
@flowjohnny 5 ай бұрын
Some good things to note here but also conflicting sentiments which can be a tad off putting.
@jacquelinemaypray7586
@jacquelinemaypray7586 3 ай бұрын
I'm just bought real-estate property to rent out at 60. I guess it's never too late. Please! wish me luck.
@KSGxVideos
@KSGxVideos 13 күн бұрын
This video is so amazing!! After watching, I just am so inspired to find ways to get more assets working for me in my life. In addition, doing my best to minimize my liabilities and expenses. Lastly, I am really inspired into learning how I can make my money work for me. Great video! These lessons are not taught in school growing up. Maybe, they are not taught in schools because the rich want to keep the poor poor.
@user-xi1vm6gf9v
@user-xi1vm6gf9v 6 ай бұрын
it is a very strong advise or teaching on how to make more money in advise also including steps to follow how to do it in a instuction given to follow,it is yes little bit better to control money to grow, that is a great commission to the lord, growing them to grow money on what they are doing,
@bigsidable
@bigsidable 5 ай бұрын
I was in the Amway Business in the 90's. We had a book of the month club. And his book changed my life. I became a investor. And i started my own paining business. I never want a job. Working for someone else just dosnt work for me. Yes i have client. But i make the rules. And i follow a very strict process of production. Has paid me well. And as a musician. I just wrote a song called. Its none of my business.
@bigsidable
@bigsidable 5 ай бұрын
Stuff should be taught in grade school.
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