Rich Dad Poor Dad by Robert Kiyosaki (Detailed Summary)

Detailed Step by Step walkthrough of Rich Dad Poor Dad by Robert Kiyosaki. This Animated book summary will help you to understand how the rich get rich and why you struggle financially. If you want to escape the rat race, this book can change your life.
This Visual guide will help you to understand all the amazing teachings that are within this book.
Rich Dad Poor Dad by Robert Kiyosaki
PART TWO - • Rich Dad Poor Dad by R...
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If you are struggling financially then you need to watch this video which covers topics such as:
-how to invest
-how to gain a financial education
-passive income
-how the rich get richer
-Assets to invest in, such as real estate, businesses and bitcoin
-financial coaching
-personal growth money learning
-what the rich teach their kids about money that the poor and middle class do not
-plus much more
What does rich dad poor dad teach you?
Rich Dad Poor dad gives you the right mindset to become financially free. It shows you how the Rich get richer and why the poor and middle class struggle through life. Robert's poor dad taught him to get a job and work his way up the corporate ladder. His Rich father guided him on another path that turned him into a multi-millionaire.
Who is Rich Dad?
Rich dad was Robert Kiyosaki's best friends father who guided him on the path to financial freedom.
Is Rich Dad Poor Dad a good book?
In my opinion this book changed my life. It helped me to change my perception of wealth and put me into the right mindset to continue on the path to financial freedom. It really opened my eyes to how most people struggle through life because they are playing by a different set of rules to the rich.
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This is the story of the rich dad and the poor dad
Thankyou for watching this animated summary of Rich Dad Poor Dad by Robert Kiyosaki video. Please Subscribe :)
** TIMESTAMPS **
0:00 Intro
2:01 Rich Dad and Poor Dad
3:00 Lesson 1 - The Rich don't work for money
6:15 Lesson 2 - Why teach financial literacy?
12:19 Lesson 3 - Mind your own business
DISCLAIMER: All information and data on this video are for informational purposes only. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
This video is copyrighted by Escaping Ordinary. Therefore any unauthorized copying and use of the work constitute copyright infringement.
#howtogetrich #robertkiyosaki #richdadpoordad

[@christianajoe8563]

Every family has that one person who will break the family's financial struggle, I hope you become the one 😊

[@alicemark5918]

@Ben Kent You're right, it's obvious a lot of people remain poor due to ignorance

[@madiezancanellatl9205]

Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

[@madiezancanellatl9205]

Now is the best time to purchase and invest in Bitcoin stop procrastinating

[@jeremygood3246]

I advice everyone to start investing and never rely on just salary. No billionaire made it through salary

[@oliviagreg5298]

Investments are stepping stone to SUCCESS, Investing is what create wealth

[@ThomasHenry144]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[@SophiaAva327]

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

[@CharlotteNatalie-rt1gj]

" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."

[@HaroldDylan-]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@AustinSean-]

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

[@LatoyiaCouch87]

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

[@jameswood9772]

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

[@alexyoung3126]

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.

[@bobbymainz1160]

Well said, with the help of the an investment advi-sor, 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).

[@chris-pj7rk]

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

[@bobbymainz1160]

‘Melissa Maureen Ward’ 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.

[@chris-pj7rk]

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.

[@johnsam6639]

It is fascinating how everyone wants to be financially free but yet no one has the challenging ability to discipline them selfs

[@sudarshanreddy8489]

That's why top g exists

[@jasonayra9112]

It's becoming increasingly difficult thanks to all the distractions of todays day and age creating a sense of comfort in people

[@tranquil4_]

That's why I focus on self improvement as it builds my discipline and mentality so I don't make impulse decisions. The people you are talking about dont even care about this, and its a core pillar for success

[@SkibassNEF]

“Themselves”

[@mouseandkeyboard1009]

Cuz people above or The society created the system in the World that most people follows. (Social Media, Influencers, youtube, Cars, Artist, Actors, Etc.) When you got hook or addicted to those you will buy merchandise instead helping yourself.

[@medicmedina32]

I have listened to the book several times, and watched many summaries on KZbin. This is the best one by far I was bummed it was only half. Please finish part 2

[@nikhilchauhan8016]

Agreed. Felt the same.

[@rich2x688]

M mmm

[@Anonymous-wv9zv]

Absolutely

[@groogrux4320]

Thanks for letting me know this was only 1/2. Now I will not watch. Lol

[@baskhalaas6619]

Loved this illustration and your concise breakdown of the core of the book. Please please please complete part 2! 🙏🏼🙌🏽

[@chrispaul3778]

When you invest you're buying a day you don't have to work, I pray everyone here becomes extremely successful!

[@haydencraig7149]

Assets that can make you rich Bitcoin Stocks Real estate

[@alicemark5918]

@@haydencraig7149 you're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor

[@madiezancanellatl9205]

I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

[@christopherhobb7702]

Now is the best time to purchase and invest in Bitcoin stop proscastinating

[@lukeben1596]

The one thing about being successful is working towards it and not the other way around

[@dawsondanny990]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like 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!!

[@ivankagel9949]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

[@Robertgriffinne]

The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...

[@smithlenn]

I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.

[@tradekings5433]

Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000

[@smithlenn]

Fantastic! can u share more details?

[@micheallancelot]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[@leonarodwell]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@jetkastrokdova]

@@leonarodwell This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name ROSEMARIE AGATHA ALLORA and everything changed. In in the first quarter of this year i made $370k and counting.

[@TiffanyLaos]

@@jetkastrokdova >Amazing seeing others with ''ROSEMARIE AGATHA ALLORA'' , I sta'rted my inve'stment wit $15,00'0, a week later, we had grown to $55,0'00. This woman!! absolute genius

[@lindholmlille]

@@TiffanyLaos This is not the first time I am hearing of her and her exploits in the trading world but i had no idea on how to reach her, i have already lost enough of money since my retirement on binance trying to do it myself???

[@TiffanyLaos]

@@lindholmlille >You can easily look her up on the internet with her name if you care supervision, she has years of financial market experience.

[@jacksonroman1621]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@ramzyaissaq1698]

Fax

[@ibendover4817]

@@ramzyaissaq1698 Fax is dead. People use email now, get outta here.

[@Parciwal_Gaming]

Which is why this Advice is imperitive to our current society. It is indicative of captialism that you are expected to figure it out on your own or starve, be homeless, ore being stuck working a job that barely pays enough to live, if at all. If you are born poor, you have pretty much lost. Especially in the USA.

[@ramzyaissaq1698]

@Parciwal Gaming bro don't give up, an d I can prove you wrong 88% of millionaires were self made meaning they weren't born ruch

[@ramzyaissaq1698]

Rich

[@daviniafelipe4412]

Thanks. Good video. I'm never 100% sure I can make money. Never place 100% of your savings in just one type or type of investment

[@Patrick-xt7bm]

Always aim for a week. Set your maximum cups lost per week. it's still perfectly logical, it's quite passive and rewarding

[@lozanocorona8448]

Every investor's dream is to find a strategy that guarantees, if not 100% success, at least 99.99%.

[@katinkafrauke2148]

It's like that. The crypto space is a very sensitive area. It took me two months to understand the benefit of functioning correctly, the adaptation saved me. Thanks to the expert, John Joseph

[@regulaueli6216]

What sets John Joseph apart from other account managers is his ability to comply. His managerial skills are second to none. With profitable weekly signals, one can only be grateful.

[@manuelolaf772]

Who is this man everyone is talking about? Is there any way to contact him?

[@simonbad]

I'm holding my stock and no "breaking news" FUD will get me to sell. We are an army and all have diamond hands. I'm sick of the market manipulation by the hedge funds and whales. It's past due time to teach those greedy b's a lesson.

[@Erinmills98]

Most people seek instant gratification, which usually doesn't go well. so set goals 1-2 years out instead months out, and you are likely to be much more satisfied with the results.

[@IrenaDolinsek]

@@Erinmills98 I always FUD at every little dip until a friend at fidelity investments recommended coach JENNIFER PUCKETT HUNTER who managed my bag very well to over 15%.

[@AstaKristjan]

@@IrenaDolinsek This is really impressive, who is this person and how can they be reached?

[@IrenaDolinsek]

@@AstaKristjan I don't think i have much to say here but you can do your due diligence on her page if you wish.

[@alexstephanie8051]

Building wealth involves developing good habits like 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. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

[@Charles-ew3km]

@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn

[@steveashley8260]

@Jamie Janny Yeah you're right, that's why I had to start Forex trading two months ago and now i'm making benefits from it now.

[@hassangary8961]

@Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra

[@hassangary8961]

Mrs Benson Sandra has changed my financial

[@hassangary8961]

status for the best ,all thanks to my aunt

[@jessicamoore3093]

The information of this video and book has opened my eyes. I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

[@alexyoung3126]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@joesphcu8975]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@lawerencemiller9720]

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 coach?

[@joesphcu8975]

Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “Eileen Ruth Sparks” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@lawerencemiller9720]

I just checked her out and I have sent her an email. I hope she gets back to me soon.

[@tahirisaid2693]

Reading books has really skyrocket the way I think about investing. Indeed, no one has ever got rich by saving money. If you want to become financially free, You need to Invest. I've come to realize that the key to amassing wealth lies in making sound investments.

[@georgestone0123]

Yeah, You're Right! According to a book writer; ‘What everyone needs is to work with a financial advisor, who can help you get in and out of any investment at any time and you'd sure be in profit.

[@khadijasajid457]

I’m trying to get onto the investing ladder at 40. I wish at 55 I will be testifying to huge success!!

[@tahirisaid2693]

Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.||

[@sanaalazare]

I was pleasantly surprised to find that you're familiar with her as well. I've had the privilege of working closely with Jenny Pamogas Canaya over the past few months, and she has not only helped me earn substantial profits but has also been an exceptional mentor and trader. Her ability to navigate various market situations is truly remarkable, and I couldn't be more satisfied with our collaboration-

[@georgestone0123]

I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including KZbin channels, seminars, and more._

[@FaithAndrada-xo9ou]

I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.

[@Raymondcraw1967RaymondCrawley]

You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

[@BrewerVera]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@AndersonFair-cy2bb]

I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@BrewerVera]

She is Melissa Maureen Ward. look her up

[@AndersonFair-cy2bb]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@junior-gomes3358]

That phase “ life is not about How much money you make, It How much money you keep” is totally the truth!!

[@Nathan-sq9xv]

I’m 19 and had a maxed out credit card + 3 loans I never paid I was given this book in august 2022 and I’m now debt free

[@elsagrace3893]

@@Nathan-sq9xv thank your parents for paying of your debts. Appreciate it. Many parents can’t do that for their children.

[@Nathan-sq9xv]

@@elsagrace3893 ok so. They didn’t pay my debts What they did was this. They paid everything but each paycheck I would get, it would have to go to them. So in reality, I owed the bank $0 but I owed my parents a bit over $2k But I had a LONG talk with them. My mom and dad used to be in LOADS of debt. My dad now works for google but that’s not the point. They don’t want me like how they were I promised myself as well that I’d never be so dumb again

[@cyberfx_3604]

The two are same bro,you have to make to keep and you have to keep to make more.

[@draneym2003]

In other words, don't pay taxes by lying, and people who work for you, just don't pay them. Simple.

[@maccaroni6355]

As a grown adult with ADD it’s hard to read and stay focused. Visuals like this are by far the best way for me to learn and understand! Would love more content like this! Thank you🙏🏽

[@KarlSenkerik]

I also have ADD i listened to the book but sleept for maybe 1 hour of it but still got alot from it

[@emmacreativenature195.]

Excellent content

[@benno8622]

I can suggest to meditate, it's hard ik but the point of meditation is when thoughts arise to ignore them and focus on ur breath. By meditating often u will automate this more and more, u will be able to use this way of putting thoughts away while reading aswell

[@draneym2003]

You sound weak, like poor dad. Because all that success takes is just believing simple answers to complex questions like the book suggests.

[@jenniferdavis2110]

ADHD for adult I believe

[@Greggsberdard]

The information of this video and book has opened my eyes. A severe recession can actually be a good time to buy things in the markets, as long as you're cautious. It can also lead to volatility, which can create opportunities for short-term buying and selling. This is not financial advice, but it's a time when cash might not be the best option.

[@lolitashaniel2342]

Right now, it's not smart to make quick decisions just because there are chances available. To figure out how to do well with your money, it's best to have a chat with an experienced investment coach.

[@Greggsberdard]

@@oldcastleswan Can you kindly provide me with the information of your coach as I am currently in desperate need of one?

[@VictorBiggerstaff]

@@oldcastleswan Thank you for this tip. it was easy to find your FA. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@jesbensommichael8397]

The collapse of Margin debt leads to a decrease in stock prices and trigger a wave of selling as investors try to cover their losses, Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $145K for sometime now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

[@raychristopher7797]

I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

[@jesbensommichael8397]

@@raychristopher7797 I agree, I thought I was doing alright profit wise, until I needed assistance with diversification, I reached out to a financial advisor and in less than a year I was just $51,000 shy away from $640k which is like 7x more than I make on my own..

[@raychristopher7797]

@@jesbensommichael8397 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

[@jesbensommichael8397]

@@raychristopher7797 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name KRISTIN GAIL CUNNINGHAM and everything changed. I started enjoying huge returns from my investment.

[@raychristopher7797]

@@jesbensommichael8397 I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her

[@manolisgemeliaris6261]

This makes it sound so easy. I grew up in a quickly developing touristic place , and I have met way too many millionaires. They all have 3 things in common. 1. They are negotiating everything , trying not to spend even at others' expense. 2. They all are heirs of millionaires. They just grew up with the money from their parents/grandparents. Even if they started sth on their own , they had the financial privilege to do so. From real estate , to shipping companies to anything. (Bonus, most of these people's ancestors , acquired the money in illegal ways). 3. They grew up in an environment that taught them how to keep making money. (eg. buy a villa to enjoy your vacations, rent it to others when you're not there) Most of the people I know in my life , have their own business. Including my parents. No matter how hard you work and adjust to modern times etc . It's a big matter of luck and timing , to get rich.

[@Mr.Potts05]

Thank you for the reality check, you're a good man. If all 7 billion people in the world read this book and followed all the steps. We would still be in the same positions because there is not enough wealth to be enjoyed extravagantly by everyone.

[@revira77]

i dont think the video and the books make it sounds easy, its just the very basic of financial foundation that average people didn't really pay attention, building an asset is your whole life journey, and sure as hell wont be easy, but if you understand what it says in the books/video, at least you wont be poor/struggling financially, this kiyosaki books is the first gate to the world and knowledge of financial literation, you still need to learn a lot

[@dissdissdiss7063]

False

[@tenjin5586]

The key takeaway of this video is, start a company or business that is run by the people that dont have the economic literacy that you do. AKA exploit the illeducated. Become the boss that does not pay a relative fair salary compared to the revenue and profit of the company and the stakeholders.

[@bassam_salim]

If they are happy with it what's the problem, some people don't even care to listen to financial advice and they love their professions or their simple job, let them make you money but keep them happy

[@tenjin5586]

@@bassam_salim yes that is a posibility, but as the video and the book portrait the work life emotionally more accurate, where often people feel trapped in their job, and fear layoffs. The minimum wage existing also shows us that there clearly is a need for a minimum, because bosses would otherwise go as low as people would accept. this is not good just because people accept it, since the acceptance is not independent from being able to aford basic living expenses. The idea that if people are happy (or more often silent) about their wage, does not mak it ethically sound. If the net profit from my business is more than a 100x the average salary of the non-manegerial staff, im clearly exploiting the staff. i could afford to give them a more fair value for the value they produce with their labor. If companies really made people happy out of solidarity and lack of greed, as the video entails. then in the purest capitalist country in the world: the USA, Things like company provided healthcare, housing, travel expenses, vacation-sick-maternal leaver would all be better funded. but its not, and people are for the majority not happy with their jobs.

[@tenjin5586]

@@bassam_salim the myth that people are happy with a simple job, only exists when their company pays them well and acomodates for a healthy work life balance. however this does not happen volunterally for about 99,8% of all companies. thus government needs to step in. this means that those who agree with the mantra's from this video ARE indeed greedy and controlled by fear of losing their wealth. after all, what does it take to be satisfied and say "i have enough" if you want we could calculate it ;) the rest of the money you'd have could go to developing a greater world right?

[@prod7759]

@@tenjin5586 your comments make me doubt if you really have read the book, otherwise you don't understand it. It's funny because he literally talks about what you said in the book. To make your comment short, you're basically saying the rich are crooks. You're blaming the rich for "exploiting" the poor and getting mad at tons of other things. This is literally a lesson in the book. Life pushes you around, it is how you react to it. You either learn from it and get smarter or, like you, get angry at everything and everyone. If you, as an employee, aren't happy with your current salary then gettind angry at your boss makes no sense. I also just don't understand what you're trying to say? Do you want businesses to give their employees millions a year if they convert billions? That wouldn't make sense. Think you need to read the book again and read with an open mind

[@StLotusthefirst]

There is a reason there is no such thing as a billonare that does not exploit

[@jonaw.2153]

This book helped me make the best decision I've ever made: I stopped being poor! It works guys, just be rich!!! I remember reading this book. I found it arrogant at times, out of touch even. I understand and try to apply the lessons learned in this book in my daily life, but that doesn't mean the key to success is to just decide not to be poor. Great video however, really enjoyed it. Beautifully presented too!

[@digamveersingh1711]

What do you think about a doctor who works as hard as employee but earn as much as businessman Will you consider him businessman or employee??

[@jonaw.2153]

@@digamveersingh1711 I suppose it depends on the context really. I know of doctors who work independently and those who work under employment in a hospital. Either way, according to this book they'd still likely fall into the "poor dad" category, which is another one of my gripes with it.

[@ginamaeve6543]

Thank you for this!

[@luvsuneja]

@@jonaw.2153 Yeah pretty lame. By that logic a Google Engineer making 300-500 K would be poor.

[@PatrickLloyd-]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

[@mikeroper353]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@PhilipDunk]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@hankmarks69]

@@PhilipDunk that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

[@PhilipDunk]

My advisor is “Vivian Carol Gioia” highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@hankmarks69]

@@PhilipDunk Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@UNSTOPABLExPANDA]

After years of depression I’ve finally learned my life purpose! Im meant to break the generational poverty and misfortune of my family and ive been diving heavily into learning as much as i can about being successful. To anyone reading this I wish you the best luck in your journey

[@brigadegamer9403]

how are u doing right now

[@NNA1984]

I don't wish you success or wealth, but I wish you happiness.

[@thelastroman7423]

You got this bro!

[@calopsita4465]

i wish u success and wealth happiness will come

[@mohitranjan9080]

We all are in same journey.

[@alextoukam5425]

Marx you my friend are the best!!! Clear cut, concise and precise. Thank you so much for your time and effort to provide us with the best content. Definitely can't wait for part 2 and wish you would make the same for other popular self-improvement and financial literacy books. Be blessed!

[@romelange6314]

*Well, I never had a rich parents but at least I have Mr GARDNER to TEACH ME.*

[@dianebuzz1346]

Getting money is an issue that everyone has needs in order to live a better and luxurious life.

[@michaelcox4540]

@@dianebuzz1346 Not only that.

[@stellaward7884]

this is not the first time i am hearing about Mr Gardner and his trades exploits but I have no idea how I can reach him, before now

[@joanbryan4595]

@@stellaward7884 I stumbled upon one of his client TESTlMONIES about SIR Gardner then I decided to try it out ... Now im getting my third cashout in two days

[@joanbryan4595]

Third winning all thanks to him.

[@TorresJuanJose]

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

[@LagerthaJackson]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@AnitaCacoa]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@SallyW414]

@@AnitaCacoa 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 coach?

[@AnitaCacoa]

@@SallyW414 The adviser I'm in touch with is 'Dawn 
Maureen Humphrey, she works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.

[@SallyW414]

@@AnitaCacoa she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@morenahlatshwaya8067]

A lot of the millionaires are heirs. Real selfmade millionaires are investors . And there is nothing like luck but taking risk and timing included. And you need a some education. To become a millionaire by yourself should not be a goal (depends on country) because its just out of reach.

[@hussainisalihi1537]

you're right, but any Investment without a proper guidance and experience is suicidal

[@futurnekedesin9172]

@Funmi Tejeey You're lucky I Lost 10,600 dollars trading with an unprofessional trader.

[@futurnekedesin9172]

can you teach me and what's strategies do you use?

[@futurnekedesin9172]

@Funmi Tejeey Thanks, I will do just that right away

[@cedricjiosh6935]

Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected

[@RIRIani]

I personally believe and agree for almost of this books content. But poor is a complex situation, especially the structurally poorness. Even if you have this kind of mentality, some people really didnt even get the priviledge to try in the first place.

[@teistensean7227]

True i work 9-5 and could barely even save 1k$ after 1 months lol. My investment? Crypto lol, you could say the one who selling the shovel is giving more money than the freaking gold i am holding haha 🤣.

[@jmonie02]

or people with disabilities

[@MrLolzieboy]

@@teistensean7227 1 K a month after a year is 11-12 K in a year. You just gotta start grindin first and then start investing.

[@ronjosolis4413]

@@teistensean7227 i started a 1k business. In just a year ive earrned almost 20k. Now im expanding :) Never give up and open your eyes for opportunities. Still have a day job from 8 to 6pm :)

[@nemtbackagian7189]

@@ronjosolis4413 what business

[@billtheman7546]

The problem with this book is that it assume people don't need money to live. If your dad is rich, you don't need to worry about food, shelter, and anything else and just try failing businesses until you succeed. When your dad is poor or drop dead poor, you gotta spend all your time just to survive. It's kind of tone deaf to suggest poor people save when they would literally starve if they don't spend money buying food first.

[@Tywell96]

Lets all take time to appreciate the video edit and transition every detail was presented very well! Good job!

[@yannamaeserdena1757]

"BROKE IS TEMPORARY,POOR IS ETERNAL" See the difference and apply it marites.

[@oz2112]

I read this book soo long ago and seeing everything laid out in a visual diagram works really well for me. I would love to see more of your content like this! Thank you .

[@amyprunty712]

I absolutely LOVE that you made this amazing video!! I have know about this book and have read a little but you really have done an amazing job of creating this visual summary of the concepts in the the book!!! I cannot wait to see the second part, hopefully it is already available because I guess this video is 2 years old, well you are very talented and should be very proud!!

[@videohut4445]

This book changed my mindset about business, money, debt and taxes. Life-changing information inside this great book. Such a shame this information will never be taught in schools.

[@stamatimarlon6340]

It’s taught in business schools. But business schools cost a lot of money

[@archravenineteenseventeen]

​@@stamatimarlon6340because they do the rich dad

[@maungmaung4164]

The world needs various professionals! All have their own specific values! All people should not be determined only by Rich and poor!

[@Adks007]

Now few people will say: The problem is that, not many people will find a rich dad next door who is willing to teach a son of a poor dad. Robert was fortunate. This is like saying: Huge companies like apple, google and Amazon started from a garage... What's your excuse?? I don't have a garage!! 😂

[@mohammedali03]

he didn't have internet.

[@seeka4823]

I mean, this is why theres a book...

[@fabrilol2756]

That's why he wrote this book.

[@dailysuccess.podcast]

If you keep that mentality opportunities won't open up to you since you won't know how to spot them

[@fabrilol2756]

@@dailysuccess.podcast exactly!

[@jsuds9114]

Best summary of the book I have seen. Awesome work. Just starting to learn this KZbin thing myself. 👍👍

[@SoarAboveMarketing]

Fantastic breakdown. Honestly, very well done: so easy to follow, so simple to understand, so enjoyable to watch. Thank you!

[@ananya1384]

I read this book last year, haven't come accross a better detailed summary than this video. Good work!

[@nicolasmacias5218]

Ive listened to the audiobook twice and read the book. I do have to say this is one of the most accurate summaries. My only criticism is the sound fx are way too distracting, i personally think it would be better with just your voiceover

[@kaypeeoh2781]

My reflection after watching this video (didnt read the book): different people have different priorities. This book's wisdom focuses on money and money generation which is good wisdom. How much to apply to real life while actually enjoying real life is for one to discern and balance. Sometimes, not building assets can be such a relief and net much much more.

[@DudeNamedDuncan]

For real. If you're only thinking about making money and using all your money on assets you won't enjoy your life as much. Yes you should invest a decent portion of your money, but if going on that expensive vacation is going to make you and your family super happy and create memories that you'll all look back on then I think it's worth it. We don't take our money with us when we die so might as well enjoy it (not to be confused with being reckless/impulsive and forgetting to budget and invest in assets).

[@The_Queen_of_Hell]

How are you even gonna do that without money? The point is to grow your money until youre financially stable enough to afford that expensive vacation and continue your life afterwards without needing a loan or cut things out of your life

[@KacperGodfather]

@@The_Queen_of_Hell if ur not born in rich family already, even if ur sucessful from nothing, by the time what you say happens u will be 50-60 years old and i dont think those are the best years to make use of that money

[@zoeanaam.6996]

@@KacperGodfather exactly

[@dasamusasuperaffiliates6401]

( what you just said is a middle class mindset) You will need to sacrifice and build an asset Let your asset pay for the vacation and other liabilities.

[@businessminded22]

This book inspired me to become an entrepreneur one day when I was in my 20s. It has also inspired me to read similar books. Your videos are professionally produced and highly engaging.

[@BeaverAchiever]

So encouraging! Good luck! =)

[@GusBrunson]

This book is so interesting, because according with Robert Kiyosaki, you can do anything you want in your life, anything.... EXCEPT join a Union. His hate for unions on his book, borders the psychosis. And on the top of that, his best advice to make money is simply to prey on people who are about to lose their houses due to foreclosure. Which is basically what every shark out there does to earn a living.

[@123shotas]

Basically be a scammer, seems like he says don't pay taxes too 🤣

[@WOR159]

@@123shotas Isn’t that your goal as well? Be a person you hate now that doesn’t pay taxes. Shi i see it as a challenge. I want to get to that point were i can financially say fuxk you to the IRS. I believe this should be everyones goal. Instead they become filled with hatred and get distracted from the real goal!!! Make money work for you!

[@TaShaBeNz85]

I’d like to become rich without preying on ppl who are about to lose everything… it’s hard out here for a pimp

[@Karynthian]

If your plan is to hold on to your current job while earning a pay you're barely satisfied with and spending it all every month on expenses, by all means join a union.

[@sarahwc.6836]

He actually recommends joining unions if you are an employee. As a business owner, you don't want your company making one. It's simple math.

[@marciasumire9924]

Hi Marx, the most useful thing in these videos, what I like most, is your clarity of mind. This clarity is reflected by the visuals and how you organise them on screen. As well as your comments. By the way, I like that you mention your opinion sometimes, as it shows you are committed to the overall subject of self development (identification with the reader) and that you mention other useful books and authors.

[@lalalola230]

2nd part please

[@onlyguitar1001]

Working for someone else is not a bad thing, some people love their job. Owning a thriving business doesn't allow one to escape the rat race, for most people it just amplifies the problem. You're better off just trying to be a deeper thinker and take some acid to escape the rat race. Escaping the rat race is the same as escaping suffering, we need to find value in the present moment and joy from learning and being compassionate.

[@slobodankostadinovic8860]

You are 100% right, but Kiyosaki preaches his bull to the people who dream the libertarian self-made billionaire dreams.

[@itsbeyondme5560]

@@slobodankostadinovic8860 he didn't. The comments that al stair said mention on his book. It looks like you didn't read the book. You don't have to own a business to escape the rat race.

[@jaceybella1267]

Yeah, for someone like me, having a job without health insurance is just a non-option. I don't want to start or own a business, because you can't just put in 8 hours and leave it at that, and my health situation will only get worse if I stress myself with longer hours. I know this because I worked as much overtime as I could muster to afford deposit and rent for an apartment, and I'm still dealing with the consequences.

[@stephaniestella213]

Kiyosaki as my late husband would say have achieved an incredible feat in the stock market. He turned thousands to billions, and have made a lot of people wealthy in the process. 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.

[@alexyoung3126]

For the average Joe, however, I think it is just best to invest 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.

[@joesphcu8975]

I agree with you, it has been so much of a hassle since the pandemic. 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. The role of analyst can't be denied.

[@lawerencemiller9720]

I think this is exactly what i should do now before i retire in 3years. Please let me know your investment adviser's name and how i can reach he/she? Does she work for foreigners? I live in Quebec, Canada.

[@joesphcu8975]

My advisor is “Helene Claire Johnson”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so

[@lawerencemiller9720]

Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

[@ynanacion8776]

very detailed and loved the visuals. I’ll be waiting for part II❤

[@IwanPieterse-iwanzbiz]

This is the best summary of this book I've seen yet

[@project2395]

I recently discovered your channel by accident and your content blew me away. I'm a visual learner so the way you structure these videos and animate them is just so catchy. It's like you're watching an award winning tv-show but you're actually gaining so much from it. You gained a new subscriber for sure! Keep up the great work and I can't wait for you to drop part 2! ;)

[@Amberb2190]

Thanks! I read this a while ago and I am happy that you just simplified it for me to watch at anytime.

[@aakancha456]

Thank you for the lessons,loved the way how you present every lesson visually 😍❤

[@unapologetically_lupe]

Thank you so much for this video! This book has been on my list to read and I finally got around to the audiobook. I still plan to get the book and read it but this video helped out immensely! When will part 2 come out!? Can't wait to see it! You have a new subscriber!

[@tenjin5586]

4:00 "The wealthy see it as an opportunity to learn" the wealthy dont work hard from a young age, those who do are the exception and are pushed by their parents, knowing very well that if they quit they have a savetynett (their parents) and thus they have the recources to make mistakes, in business ventures and in work. For those who learn (minority) and those who dont give up (minority) they still use their priveliges and het further with the same work. if my dad was rich, all my work as a teen, all my ideas, would have gone into a plan to exploit that effort and creativity for monetization. the poor never give up, if they do they become homeless within a month or die. there is no imaginary "Option" to give up.

[@kentlent7409]

facts!

[@Canadish]

It's an old criticism of the book. It's an important cavite when considering people may read this stuff and judge their own worth or their parents decisions, but the reality of the statement is true, the privilege of being able to view work as an opportunity that way is a huge benefit and is important to success. Even if you are broke, it's good to try switch the mindset to review the drudgery and see where value can be gleaned from your invested time beyond the salary.

[@AuthorityCat]

@@Canadish Yeah this is the way to look at it, ignoring the author or any get rich gurus on KZbin who think they know what everyone needs to do. On a small scale, yes, you should make smart decisions about your finances. But on a large scale, capitalism is a tower and a tower needs its base. Only a few will ever reach the top while the majority remain at the bottom. No get rich scheme will ever change how capitalism functions and the inherent unfairness of who gets to climb to the top.

[@jenniferdavis2110]

lol SAFETY NET, PRIVILEGE

[@simonfes3770]

The rich are money minded. That is one thing I learnt from the start. I have always wanted to build wealth. I have set out $167k that I had been saving since 2020, and I want to put it in the stock market so I can grow my wealth. Any recommendations?

[@alexyoung3126]

It is really good that you do. I know a lot of people who have made a lot from the stock market. But you need to spend a lot of time studying the market if you want to be a pro, or you use a stock advisor who really knows what they are doing.

[@joesphcu8975]

For real, people underestimate how much they can rake in from the stock market. Started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.

[@kimyoung8414]

This is something I've heard of severally, but I just don't know how to find an advisor. If you'll be kind enough, can I ask who your financial advisor is?

[@joesphcu8975]

The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with ''Helene Claire Johnson'' for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.

[@kimyoung8414]

Thanks for the info , found her website and its really impressive

[@yoonjissi3184]

6:24 that's the biggest MYTH, and Kiyosaki knows what he's doing by re-enforcing it. It IS about how much you make, frugal living and skipping the occasional coffee won't EVER make you rich. The RICH want you to believe it. When you try to SAVE, you end up being comfortable in the job you already have (maybe a dead-end one), instead of being dissatisfied and looking for better options. I went from trying to save every penny to thinking of ways to increase my income by diversifying income streams. Worked out a lot better )) Seriously, instead of penny-pinching, think of your strong skills and how they can earn you money (active, passive doesn't matter in the short run).

[@helldog9402]

Facts

[@JadensWisdom]

That’s one way to look at it, the way I see it is it’s telling you that the more important thing is increasing your profit or how much money you get to keep from something

[@fhazii...7941]

That's not what he said. He said it's not how much money you make it's how much you keep. When you have an asset over a liability, the asset brings more money in (keep) while a liability is a loss of money. Having a liability is essentially the same thing as spending money, even though you are not actively scanning your card to spend money. That's what Kiyosaki meant by that quote.

[@0TheDoll0]

this is so good - looking forward to part 2!

[@huseyinserhanhuthut8137]

Great job! I can not wait for the second part of the detailed summary of Rich Dad and Poor dad and also interested in translating and publishing it in my mother tongue Turkish and German. Wish you the best!

[@owoeyeoluwajuwonlo8842]

Beautiful video and contents, please do more of these videos for more books. Because I love reading books and you've made it easier😊

[@theoneblackzer0744]

You are literally one of the most underrated KZbinrs here. Your videos deserve more than a million likes

[@NobodysFaultPodcast]

I enjoy your work. Very well done! A new subscriber. I studied graphic arts in the early 80s before Adobe and the PC or smart phone. Wow you work is so inspirational it makes me want to get back into graphics. Your work at this will pay off. Luck is what happens when preparation meets opportunity

[@stunnerbabeznessa4581]

This was amazing, thanks for sharing this video ❤️

[@adenovarian7333]

i've read the book and i think the book is doing an amazing job about teaching principle and integrity, really help when i feel lost

[@SerotoninRelease.]

If love a part two! Amazing video, I've enjoyed your other videos too. Very well produced, entertaining and informative. Great summaries

[@benediktwalch1605]

I really like how much detail you put into animating !!

[@VASanZX]

First time watching your video, but I love the quality! Made me want to read it again! On my way to check out more.

[@sm-65datlas23]

I hope you'll be able to upload Part 2 of this summary. Your mind maps help a lot.

[@feedweeb8856]

Saving in real estate is actually one of the few things the "common" people do right for building wealth.

[@marciasumire9924]

Please, we`d like to see the second part of this video. Thanks. Please note there is higher demand for your service with the pandemic!

[@emotenshi]

we should respect the fact that the videos he makes are almost the perfect ones we all seek.

[@El-run]

My dad is making me read this book. So I I just watched this. The cartoons help me understand better than words on a page thank you soo much

[@neebac.n4014]

This was so detailed and helpful. Please make part 2😊👍

[@xXLallaStellinaXx]

Focus on 1) businesses which do not require your presence to operate 2) Stock 3) Bonds 4) income generating real estate 5) notes or ious 6) royalties from intellectual properties like music, scripts or patents 7) anything that produces an income or appreciates in values like cryptocurrencies, websites, KZbin channels, websites etc.

[@MGC-XIII]

Yes it's that easy... xD You skipped a few steps there buddy.

[@nenadmilovanovic5271]

My friends invested in crypto and they earned jack shit. One of them invested 4k and barely got anything in return. I started a youtube channel with a tik tok and Twitter sub accounts and I have yet to break 20k followers. It is all bullshit.

[@B10401]

@@nenadmilovanovic5271 Try a get rich slow scheme: Find something lots of people want a little or a few people want a intensely, and make it your life to provide it to them. Systematize it, and pay other people to help you keep the system running and helping more and more people. Help more people better than the competition. Or either get lucky or whine about not getting lucky.

[@GG-dz4ir]

what are notes or ious?

[@v380riMz]

@@nenadmilovanovic5271 Stocks/crypto usually generate better income the larger your invested amount is. 10% yearly on a million is $100k just for having invested a mil in the S&P500, let alone a stock that performs well such as AMD, which would've netted you 3x your invested amount within a year. Don't expect to become rich with $4k in a coin unless you're either a) patient and let it ride out for a minimum of 10 years and still need some luck considering Bitcoin was the first coin while there are thousands now b) get (extremely) lucky

[@sm-65datlas23]

Please continue summarizing books, it's very helpful

[@anthonymeade4480]

Wow I feel so informed with knowledge I thought I’d never know. Thank!! And what a great video😊

[@SilentSpeak]

Dude, your voice sounds so intelligent,inviting,educational and even optimistic despite the grim reality of subject/s at hand, I have no choice but to want to learn. Good job man

[@nicholascowling7052]

Rich Dad Poor Dad: Fail your way to success by conning others. I have no doubt that this man has helped some people, as very evident in any of the events you attend or from the books that you read. But we also don't hear about all the failures, about the people who lost money thanks to this man, or instead the blame is placed upon the individual with none for Kiyosaki. Not to mention, his advise and the people that have followed his advice have played a part in leading us to the financial housing problems we have today.

[@FrozenVictory]

Rich dad: becomes a landl*rd

[@vuthanhlong216]

@@FrozenVictory take the land so people have to pay to live :) rich dad: you have lots of money (which i give you) so money will work for you. poor dad: you have nothing (cause i have nothing too) so find a job :) the key it's to be born in a rich family and so on :)

[@kunaldhadse7722]

Financial Housing Problem that we have todays is caused by people doing exactly opposite of what Kiyosaki tried to teach. You clearly have no idea what you are talking about.

[@ArnisGoldberg]

@@vuthanhlong216 No it isn't. The key is to seek knowledge and think like a rich man. So what you lose money, everybody does starting out. As someone who's attempting to follow this book starting from a poor family, it's not about how you start although a rich start gives you an advantage. The key is not to be born physically rich, or even be born mentally rich. The key is to LEARN, have an open-mind with things and be creative. Take a look at everything you do, see what you can make money from and TRY. I wish you the best of luck in whatever you do in the future.

[@ArnisGoldberg]

@@FrozenVictory Why are we censoring the word "landlord" ? I don't get it, is this a new trend or something?

[@catalinjarlaianu]

Great content! These books are legendary, but your videos are celestials! You cover all the important aspects of these books! If you can do pshycology of money, that will be ultimate! Thank you for all your hard work!

[@TazulGaming]

This is awesome just amazing keep up the good work❤️

[@camillabrandao_ads]

I love the high quality of these videos and all the effort you put into them!

[@AscendedStark]

Money should neither be treated as "Too Good" & nor as "Too Bad". It's just a Resource. The more you have, the more you can spend. That's it. It will keep you Humble, away from Greed & even from Poverty ! 😊 Enjoy the Life, while you still have it 😉

[@jmonie02]

yea, i dont like this book. How bout just be wealthy to take care of your family.

[@razor-wd2pc]

Then stop crying about being poor and not having money.. the government is never going to help you ☺️

[@alfimaulana3440]

It's fine to works for someone else, as long as you enjoyed that. Not being rich is not bad, as long as you are satisfied with what you have.

[@MartynasPakalnis]

@@jmonie02 as well , its not for everyone, if everyone buy assets like apartments for rent , who will rent them , who will work everyday jobs, how many people need to run every day live around as?! Everyone richer every day?! Really possible? How many of your salary and how long need to save money then someone let you have right to rent to someone?! Are someone thinking about 7 years after that you can start have second home to star rent?! And so on , it’s not so quiet quick as someone want to show , I think..

[@petekdemircioglu]

Money is a symbol of Whats behind it

[@kerrj7285]

Great video! I read the book, but this video is well summarized.

[@MegaSuperTk]

Informative & eye opening... Please keep me updated on everything

[@Sepharess]

A house is a great investment: especially if you're going to live in it. Don't let this book tell you otherwise. Unless you have a free place to stay with all comforts you need or need to be constantly on the move/travel, it is usually better to buy than to rent. In fact, where I'm from it's cheaper to do a monthly payment into your mortgage than pay rent (even when you factor in all the taxes and maintenance costs). This money will eventually get you an asset that this book tells you is useful because you can house a tenant who pays you on a monthly basis.

[@tank7474]

In the Netherlands you can subtract your monthly mortgage payment from your taxable income making it even better

[@nhathuynhgirl]

The summary is informative. Please add English subtitle so that I can share it to my students. ^^

[@mamosanasankiemtshali6555]

Insightful. Kindly add more

[@raymundsimangan568]

It's been 3 years and I'm still in chapter 7 of the book 😁 Good thing I came across this video. I used to be obsessed with learning technical skills as an engineer but things have changed especially when I opened a small F&B business in my hometown during the lockdowns.

[@boboiboy9350]

is it better now that youre shifting your career on F&B business?

[@LearnTubeAF]

I finished 70 pages in one day because it was soo 😌

[@uniquelypositive]

Your videos are great! Keep putting out these content and your channel will really grow... When will you release part 2?

[@williamcipto7308]

Really looking forward for the part 2

[@starchen3140]

Please I want to see the second part. I've learned so much from your video

[@kurmadasupranav1358]

This is genuinely helpful Thanks a lot

[@emilybrown2719]

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 60, I would appreciate any advice on potential investments.

[@HelenaBonham-pz4ly]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@ladymariangray]

@@HelenaBonham-pz4ly I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@user-qv9wz1mm5k]

@@ladymariangray

[@ladymariangray]

@@user-qv9wz1mm5k My advisor is “Elizabeth Pan Holt”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@user-bc8dl9od6d]

@@ladymariangray thank you for this tip , I must say, Elizabeth appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

[@derekgaudet8777]

Looking forward to the release of the second part. When could we anticipate this?

[@MrSandyg1]

The graphics are amazing, excellent job.

[@sulukhanbaimuratova5752]

Wow! You did it very well! Thank you 🙌

[@RichPlusHappy]

Hi buddy, great work and amazing effort! Hope this will get watched much more

[@escaping.ordinary]

Hi RichPlusHappy..... Thankyou for leaving a comment :) appreciated

[@felixkwesiyeboah1858]

Yes I wanna get him outta bottle. Please can't wait for part 2. I've never understood this book the way you've explained it. Thanks so much. This is amazing

[@ManeSays]

Same here

[@talkwithdhana]

Thank you for this Valuable content

[@fashionbemeUK]

Thanks for sharing great video, have liked and subbed, look forward to part 2

[@emilyjacobsen9955]

I recently inherited over $1 million. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

[@svengrot7943]

Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued over $200k in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive

[@kansasmile]

@@svengrot7943 very informative, one option I suppose is, if you were to invest a set amount buy the whole share in a ETF and the remainder could go into a index for which would allow you to purchase the fractional shares, is that an option?

[@blaquopaque]

@@svengrot7943 You inspire me, over $200k is a milestone, how did you achieve that? I guess you have a proven trading strategy that you've spent a lot or willing to spend a lot of time crafting and testing.

[@svengrot7943]

@@blaquopaque Lol, I began with a fiduciary portfolio-advisor by name *Katherine Duffy Burke* . She’s sec verified and an ISDA member . Her approach is transparent allowing total ownership and control over my portfolio and fees are very reasonable in comparison with my ROI.

[@svengrot7943]

@@kansasmile they are platforms like Invest Engine and Trading 212 do allow fractional ETF buying so they can solve some of the problem for you :). In the background they have to buy full shares, but they let you buy them in fractions.

[@EvilNeonETC]

Lesson 1: What makes us different is knowing *exactly* why we are working and what we want. Sticking to a plan so that not even the hardiest salesman can deviate us from the goal.