Great content in your channel, I’m 53 and my wife and I reached $1M net worth in 2017, five years later it’s $2.4M. Our yearly salary is a little over $100K. We drive older cars, cook at home, eat leftovers, and have 2 in college. We saved for college and our boys help by working. They will graduate debt free.
@PhilipMurray2512 жыл бұрын
Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
@wiebeplatt47492 жыл бұрын
I’ve been on both end of the spectrum, I was lnvesting on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfoIio-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.
@instinctively_awesome82832 жыл бұрын
@@wiebeplatt4749 I read inflation is over 10% but as we know it's definitely way more than the media would like to admit, my plan to earn more passively and ride this out, can you investment-advisor assist?
@wiebeplatt47492 жыл бұрын
Sure, the investment-advisor that guides me is "Susan Agnes Hancock", she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
@isaiahayers15502 жыл бұрын
@@instinctively_awesome8283 the media reports what economists and their models and formulas say. The media doesn't just make up a number.
@MagdaleneM-f3qКүн бұрын
Bring *Julianne Iwersen Niemann* on the show. She changed my life Financially I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market.
@TianaManeOКүн бұрын
I know this lady you just mentioned. Julianne Iwersen Niemann is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Julianne Iwersen Niemann has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
@PajinakStanovskaКүн бұрын
I’ve heard of her How can i reach her, if you don't mind me asking?
@MagdaleneM-f3qКүн бұрын
her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@PajinakStanovskaКүн бұрын
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get
@YadaniL-g8kКүн бұрын
The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today.
@lesstalk13162 жыл бұрын
If Robert ever see this I want him to know that a Nigerian 19 years old is watching and learning. I am cashless right now but with all this info on this channel am already great 😊
@MalluStyleMultiMedia5 ай бұрын
👍👍
@Billiniore5 ай бұрын
And I'm 15 and from india i gained great knowledge from this channels 👌
@coco981005 ай бұрын
@@Billiniorehey I am also from India and 15 years old😮😮
@lailaalfaddil7389 Жыл бұрын
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
@lailaalfaddil7389 Жыл бұрын
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
@geraldnebo Жыл бұрын
Everyone tells you to invest but noone teach you how and where?
@chadmulligan5629 Жыл бұрын
Crooks and scammers ^
@POSITIVEMILLIONAIRE2 жыл бұрын
I don't know who Needs to Hear This but " Greatness is often built when no one is watching ". So don't give up and keep going
@lezliewhicker84502 жыл бұрын
Rightly said! Well, I also want to be a millionaire this year and really need more smart and positive ways to invest to archieve this goal🙏
@davidhudson30012 жыл бұрын
Lookup Christine Lynn Saitta
@lezliewhicker84502 жыл бұрын
This is fascinating to hear that someone here also employ madam Christine's services. She has been managing my investment
@dr.ervingalen17772 жыл бұрын
I also listen to a CNBC news host spoke so highly of💕Christine Lynn Saitta and her loss prevention strategies
@investorwest87352 жыл бұрын
Investment now will be wise but the truth is investing on your own will be a high risk. I think it will be best to get a professional👌
@avaharris34332 жыл бұрын
The best way to find growth stocks, key features to keep in mind is as follows: 1. Ensure gross margins are greater than 50% 2. Ensure P/E ratio is less than 100 3. Buy companies that are PROFITABLE, very important irrespective of sector. 4. Debt to equity ratio is less than 30% 5. Current ratio is above I 6. and a Float under 100 million One stock that fits the bill is FLGT (Fulgent)
@bartonjeffs94392 жыл бұрын
Thanks for the insight and support I have no idea of how the market work unfortunately having a job doesn't mean security rather having different investment is the real deal...... So I really appreciate your transparency.
@investanswer28232 жыл бұрын
Every shibah investor right now just smiling at the price of shibah as it held strong and indeed valuable enough to generating good Rol.more person are gonna become millionaires and we have shibah thanks for that
@menacehockey Жыл бұрын
I find Rich Dad-Poor Dad videos talk in circles. They pull you in with click bait and never give anything. I have even paid for the service and they rarely ever give you anything, just take you on a ride that just goes round and round....With that said, this was the FIRST video where I actually felt they had a point to make and executed it to the viewer. Great job on this video.
@kaylawood9053 Жыл бұрын
If we are being truthful to ourselves, just like the rich, taxes can be a big pain. Income tax, value added tax, property tax, etc. Paying taxes is good, but we could also create our own tax havens. I personally put my money mostly in the stock market, since its appreciation is not taxable, and then when I sell, I find ways to make the income non-deductible in taxes. I 'm currently sitting on more than $327k of cash, and I'm definitely throwing it in the market. Just thinking of how to not lose it all, since the market is red.
@legacymedia8468 Жыл бұрын
It upsets me how simple things like this are not taught in school, and then people complain about taxing the rich everyday, as though the rich should pay for their own ignorance. I have been doing the same thing myself, using the market to shield myself from the market. But I hate making mundane decisions, so I just invest through an advisor, making good profits, avoiding taxes, while doing very little work.
@masacrrrttv2757 Жыл бұрын
Stock is taxable
@CJ-2229 ай бұрын
Oh no, your shameless spam bot comment got deleted. Womp womp 😥
@TyTy-ih4ym5 ай бұрын
9 ch h ml@@CJ-222
@ClayJitsu2 ай бұрын
when you sell a property you can also find ways to make the income non-deductible in taxes
@deendistel8532 жыл бұрын
This is by far the best free education I've seen in my life. And I spend a lot of time educating myself. Thank you so much!
@erikacristina9567 Жыл бұрын
Great video. I watch several youtube videos on how to trade in the market but haven’t made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own handswil
@tishadin752 Жыл бұрын
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working
@JamesRandle5 Жыл бұрын
I'm amazed you mentioned Katrina susan, she is the best and the bot strategies works like magic. I've been making over 100% of my investment monthly since I started using Rocketta, the trading is quiet marvellous
@sophiabrown2005 Жыл бұрын
This is not the first time i am hearing of katrina susan and Rocketta exploits, how she handles trading and generates good profits, Rocketta has really made a good name for itself, but i have no idea how to reach her to assist me
@tishadin752 Жыл бұрын
You can reach her through TELEGRAM
@tishadin752 Жыл бұрын
Katrinasusan is the name to look for
@susannabruemmer36832 жыл бұрын
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals
@stansburyclarice49682 жыл бұрын
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless
@presley4922 жыл бұрын
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
@presley4922 жыл бұрын
what i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit
@terrallcoscarelli70022 жыл бұрын
who would you recommend?
@presley4922 жыл бұрын
*TERESA JENSEN WHITE,* That's whom i work with
@dubbahco Жыл бұрын
00:00:00 - How the System Works 00:07:52 - Affordable Housing: The Real Estate Story 00:16:39 - Real Estate: Debt Management, Financing 00:21:04 - The Value of a Cash Out Refi 00:27:42 - The Fed's mandate for higher taxes 00:33:29 - Trump on Rich People Cheating on Their Taxes 00:39:26 - Robert and Kenny: Compounding Their Tax Benefits 00:39:56 - Don't Trust Your Asset 00:44:03 - In the Elevator With Robert Kaplan 00:49:22 - How is Cash Flow Being Valued?
@LearnGUAGESTUTORS Жыл бұрын
This is why the Rich Dad Company will continue growing. The amount of lives you're greatly impacting Mr. Kiyosaki! Be richly blessed🙏🏻🙏🏻
@alexyoung3126 Жыл бұрын
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
@chris-pj7rk Жыл бұрын
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality st0cks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my ROI
@stephaniestella213 Жыл бұрын
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
@kimyoung8414 Жыл бұрын
@Zahair O'Brian do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
@kimyoung8414 Жыл бұрын
@Zahair O'Brian I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
@seabass22 Жыл бұрын
@@chris-pj7rk my index fund is actually up a little. But still not anywhere near what it was when Trump was president. And that’s sad, it’s been over two years.
@marksarah44862 жыл бұрын
Tomorrow is near, yet so far away. Choose this day to love unconditionally, and be happy within
@marksarah44862 жыл бұрын
Richard A . Blair Fx
@marksarah44862 жыл бұрын
OR Instagram
@marksarah44862 жыл бұрын
He will guide you through the process of investing
@AbubakaCalo2 жыл бұрын
@@marksarah4486 This man changed my life through his platform and I'm still making profits from him platform
@AbubakaCalo2 жыл бұрын
I make over 30000USD on my weekly trade with him
@andrewcleverly13222 жыл бұрын
When you invest, you are buying a day that you don't have to work.
@andrewcleverly13222 жыл бұрын
@John Alfred Crypt0 investment, but you will need a professional guide on that.
@andrewcleverly13222 жыл бұрын
@John Alfred you can reach out to him now on FB 👇
@andrewcleverly13222 жыл бұрын
@John Alfred Mark J. Ramsey
@mcginnnavraj42012 жыл бұрын
Very honest and well detailed video. Very Commendable. Times have changed and now stock market is all about pump and dump leaving retailers as bag holders. Bag holders turned to long term investors will still bag hold and stock might go to zero. There is too much news, too many analysts, too many factors, too many firms, insiders influencing the stock price. Retailer money is being sucked. I made $245k combined net last year and paid no Federal taxes, but i need some advise from a pro on how to move going forward
@scottashwood99852 жыл бұрын
Obviously, the idea of a coach might sound generic or controversial to a few, but a new study found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $500k from an initially stagnant reserve of $140K all within 17 months
@scottashwood99852 жыл бұрын
The advisor I use is actually quite known, you might have come across her before, “JOHANNA MUSSCHE” she's been featured on several articles, you can search her name
@trazzpalmer31992 жыл бұрын
Looked up her name and her website popped up immediately, interesting stuff so far, about to book a session with her
@CJ-2229 ай бұрын
Looked up her name and her registered sex offender status popped up immediately, interesting stuff so far, about to move my family as far away as possible
@willbaack79972 жыл бұрын
I'm 48 years old and I'm pissed that noone ever pulled me aside and showed me in broad strokes like this how money works. And why they don't is simple. They needed me in the team to stay in the employee quadrant.
@deesplash70872 жыл бұрын
Feels bad, good thing I’m learning financial literacy at 22. Cheers mate 🍻
@lifealchemist112 жыл бұрын
I feel the same, this system based on bank and their money lending. I think now I am too late to start real estate investment so just watching these shows and see how rich getting richer.
@HouseJawn2 жыл бұрын
Banks write the financial education curriculum for public school haha
@Rusty2.02 жыл бұрын
Financial slavery my friend. Government wants it that way
@foodforthought732 жыл бұрын
i totally know how you feel , im at 49 in oct, and pissed at my self for not getting out of the rat race and investigated money deeper
@stephenpalmer89822 жыл бұрын
With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate. Just my thoughts
@terfastarik96982 жыл бұрын
True, imagine what will happen to the banks and houses in Ukraine due to the bomb blast from Russia, It's better to keep money digital no one knows tomorrow
@franknedu19572 жыл бұрын
Speaking of digital assets do you mean bitcoin?! I don't think investing in bitcoin now is a good idea, i'm currently running on huge loss the market is crashing
@alexgorham74642 жыл бұрын
@@franknedu1957 this is more reason you should invest with an expert, even with the fall in price I make good profits weekly from my investment in bitcoin. Last week I got a profit of $56,000
@daothai50562 жыл бұрын
@@franknedu1957 digital assets are actually the best way to save money cause you are earning will you save unlike banks
@ulysseslargay19332 жыл бұрын
@@alexgorham7464 waw 😳 😳 that's huge, how do you achieve this huge profits from bitcoin I'm interested
@dylanmoris6211 Жыл бұрын
Nice video, though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.
@KelvinWallace Жыл бұрын
I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.
@williamsbrown4026 Жыл бұрын
There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.
@LionTowercoporation Жыл бұрын
@@williamsbrown4026 You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals. Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@CJ-2229 ай бұрын
@@LionTowercoporation cringe
@loiscashner65678 ай бұрын
What does buy the dip mean??
@amencal2 жыл бұрын
I have learnt more from this short video, than from all your books i read. It's like putting all the pieces of the puzzle together. Thanks Robert.
@rickonethousand63042 жыл бұрын
S.C.A.M.M.E.R. 👆👆👆
@ElisaLaurent-yu6tp4 ай бұрын
For the average investor, the crypto market is the best tool for long-term wealth creation. Still, many people can’t take advantage of it because they are trying to make quick money from the market.
@JimmyWalter-sm5vf4 ай бұрын
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
@ElisaLaurent-yu6tp4 ай бұрын
You're right mate! I’ve been using a fin-market expert for two years now and I own a 7figure diversified portfolio from investing in stocks. Currently, my portfolio is worth over $1m.
@DavisGarcia-qy4bd4 ай бұрын
Me alegro de haber tropezado con este comentario, Por favor ¿quién es el fudiacry que te atiende?.
@ElisaLaurent-yu6tp4 ай бұрын
CHRISTOPHER SCOTT TRADING
@ElisaLaurent-yu6tp4 ай бұрын
I.N.S.T.A.G.R.A.M
@erichkraetz26222 жыл бұрын
I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how.
@kimyoung84142 жыл бұрын
I'll suggest you find an investment coach or someone with market experience before the 08' crash to guide you amidst this inflation.
@alexyoung31262 жыл бұрын
@@kimyoung8414 I agree, that's the more reason I prefer my day to day investment decisions being guided by an inv-coach, seeing that their entire skillset is built around short & long term holdings for profit realization, coupled with the exclusive analysis they possess, it's near impossible to not out-perform. I've been investing with a coach literally for 4years, and have accrued approx. $1.4m in net-profits thus far.
@joesphcu89752 жыл бұрын
@@alexyoung3126 congrats. this is huge! mind sharing info on the coach that assists you? cos i’ve got a bunch of stocks that keeps tanking and don't know if its best to just dump amidst ongoing inflation
@alexyoung31262 жыл бұрын
@@joesphcu8975 I am guided by INGRID CECILIA RAAD I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
@joesphcu89752 жыл бұрын
@@alexyoung3126 Ingrid really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
@lyubovmatyushkina2713 Жыл бұрын
Mr Sam’s 4 week course is very well done. Even if your knowledge about technical analysis and the market is extensive, you will still learn new things. He is extremely good at explaining concepts and has the ability to explain complicated notions in a simple matter.
@scottharold8193 Жыл бұрын
Thanks for sharing, I just looked mr sam up online and I would say he really does have an impressive background on investing.
@onuzenkechi6101 Жыл бұрын
@samdeymon_433 Kindly reach for advise..
@malDaniella2 жыл бұрын
Well explained I appreciate 🙌 I can't wait to get started because people are really making a lot of money from it nowadays
@Thomasjovi86492 жыл бұрын
I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work.
@kelvinH5772 жыл бұрын
Current real estate prices aren’t high because they have been driven up by irresponsible speculation. As was often the case in the past. Prices have risen because a constantly increasing population with money to invest has been created - and continues to be created.
@jamescameron23572 жыл бұрын
Nowadays era according to recent volatility, there is no other way but to re-invent heavily. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create,
@christabelanabel80732 жыл бұрын
Have been trying on real estate market for a long period but the honest truth much time wasted and I couldn't meet up with my economical expenses due to much time wasted by my clients which amounted to failures
@dreamstime42722 жыл бұрын
Well said and I appreciate you all for the opinions
@khaliddubey86522 жыл бұрын
I followed a lot of that with an eye of skepticism UNTIL you said the Fed was a cartel at which point I knew everything said today was 100% correct.
@tvb42272 жыл бұрын
Now this is what a 1 million course look like in only 50 minutes :D Thank you.
@ibra83722 жыл бұрын
I don't know who really needs to hear this, you need stop saving money. Invest some of it, if you really want financial freedom
@JulioRodriguez-wz9rh2 жыл бұрын
I agree with you. The way to increase wealth and stay rich is to invest. This is the secret of how the rich keep getting rich.
@jasonwarner17672 жыл бұрын
Based on my personal experience, you need the help of aa professional investment advisor and manager to make consistent profits in any market to avoid fatal losses when doing it yourself.
@tracysilvers43102 жыл бұрын
These days trading is easily more profitable than real estate..it provides steady and significant side income
@angelinagomez78512 жыл бұрын
@@tracysilvers4310 Are you an expert, how can I get in?
@charlessmith34892 жыл бұрын
Now is the best time to remind y'all, investment is key!If you don't manage your funds, one day you're gonna wake up to nothing.
@proinfohub72722 жыл бұрын
This is one of the most valuable real estate education I’ve seen and it’s free for that matter. In less than an hour, you’ve explained how the Real Estate investment works and I’ve always wanted to go into real estate but the full education just wasn’t there. Now I know what to look for which is the perfect property, you already showed me how to get investors to give me the money down and how to get it back to them. This is just tooooo much for Free. God bless the whole team at Rich Dad 🙏🏻
@calebcliftonmastersefyroth65632 жыл бұрын
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
@lucialuzgilosluz21142 жыл бұрын
Sure! Is a better way to counter this foreseen inflation, because all this wars everywhere are politics.
@suzannecraig68242 жыл бұрын
Living in one's "comfort zone" is a contributing cause to the plight of young people.
@patrickwalter57422 жыл бұрын
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal.
@tinagottschallcunningham46912 жыл бұрын
@@samiraabubakar2963 they said when you invest little money you earn big,
@tinagottschallcunningham46912 жыл бұрын
Can't even imagine how it is possible
@bobabar192 жыл бұрын
Love the content and their explanation of using debt for accumulating assets to produce cash flow. But I think the reality is, most people are afraid of borrowing money and MAINTAINING the asset. It is just too much pressure for most people. Assets needs to be managed; it is hard to do when you also work a full time job, although not impossible. Most of them try and fail, and eventually just surrender to being employed because they think it is "safer".
@Tsunaniis-j5l Жыл бұрын
If we are being honest with ourselves, taxes may be a major pain, just like they are for the wealthy. Taxes on income, goods and services, real estate, etc. It's wonderful to pay taxes, but we may also establish our own tax havens. Since stock market appreciation is not taxed, I personally invest most of my money there. When I sell, though, I discover ways to make the profit tax-deductible. I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
@Harperrr.99 Жыл бұрын
(I find it upsetting that such basic concepts are not taught in schools, yet people constantly whine about taxing the wealthy as though they should be made to pay for their own ignorance. I have been utilizing the market to insulate myself from the market, doing the same thing. However, because I detest making routine decisions, I just invest through a financial advisor, earning decent returns and avoiding taxes with minimal effort
@devereauxjnr Жыл бұрын
@@Harperrr.99 I've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free.
@DreamweaverShade-h9p Жыл бұрын
@@devereauxjnr I've been thinking of going this route of using an advisor. Could you recommend yours? And also, how do you prevent capital gain tax?
@devereauxjnr Жыл бұрын
@@DreamweaverShade-h9p My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.
@DreamweaverShade-h9p Жыл бұрын
@@devereauxjnr Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
@k.t.15942 жыл бұрын
Oh my gosh, this content is so valuable I have never seen anything like this on the internet! Thank you rich Dad!
@johnbenz43012 жыл бұрын
Reading the book brought me here. Such valuable free content ..
@MegaSMARTTUBE2 жыл бұрын
Yes it is , so valuable.
@Earnwithvern12 жыл бұрын
This is single-handedly the most valuable and educational 50 minute video on KZbin.
@HattiesburgGaming2 жыл бұрын
Pink Panda is the one to pay attention to, their Founder just had an interview at Nasdaq!
@cesarg42 жыл бұрын
Really professional and trustworthy dev team with an incredible product. Bullish on PinkPanda!
@smokehf2 жыл бұрын
Wow Nasdaq making moves. Pinkpanda will be huge
@bigbelly26922 жыл бұрын
IMO Pink Panda is poised for something special. Those in charge are real business professionals with a vision and a plan. Very comfortable with Pink Panda’s future.
@chanakyaisalive5052 жыл бұрын
No captions, clear instructions. Amazing 👍
@kauansilva5653 Жыл бұрын
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
@Jamespearson698 Жыл бұрын
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
@CraigMitchell376 Жыл бұрын
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
@KalebWhite816 Жыл бұрын
@@CraigMitchell376 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@CraigMitchell376 Жыл бұрын
My advisor is ‘’Laura Marie Ray’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@tylerlambe9377 Жыл бұрын
@@CraigMitchell376 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@Cristian_M_ Жыл бұрын
Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life
@eileengardner5462 Жыл бұрын
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
@ramadhanipongela1360 Жыл бұрын
Wow, really. I was able to make my $25k on investment
@kiyotofujita2178 Жыл бұрын
@@eileengardner5462I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
@hamidu_- Жыл бұрын
Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate
@zoeyswaniawski7306 Жыл бұрын
You’re right but a lot of people remain poor due to ignorance
@osbornesophia54132 жыл бұрын
*To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*
@osbornesophia54132 жыл бұрын
@Hernandez Torres Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.
@osbornesophia54132 жыл бұрын
@Hernandez Torres I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.
@alonsocarlos8372 Жыл бұрын
I'm here to learn how to trade and also to invest. After listening to a guy on a live program about the importance of investing and how he made $950k in 2 months from $142k, somehow this video has helped shed light on key points, but I'm still confused as a newbie and I'm open to meaningful ideas.
@billywesterman4893 Жыл бұрын
Trading with an expert has been the best way of making huge returns from crypto currency.
@billywesterman4893 Жыл бұрын
The common mistake we newbies make is without help and legit guidance from a professional.
@bobvan2201 Жыл бұрын
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
@bobvan2201 Жыл бұрын
The market is all about crypto now, you might want to look into it.
@sarahrybicki8184 Жыл бұрын
@@bobvan2201 Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
@AmandaTrivizas-ql6xe10 ай бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller
@AmandaTrivizas-ql6xe10 ай бұрын
she's mostly on Telegrams, using the user name
@AmandaTrivizas-ql6xe10 ай бұрын
GGRACE12💯.. that's it
@moh641010 ай бұрын
SCAMMER DETECTED ( IDIOOT SCAMMER INDEED)
@Stanleytucci819 Жыл бұрын
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
@cyrilbalistreri4348 Жыл бұрын
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@gabrielmm3515 Жыл бұрын
Absolutely, I am a project manager and my personal portfolio of approximately $550k took a big hit in April due to the crash. I quickly got in touch with a financial planner that devised a defensive strategy to protect and profit my portfolio this red season. I’ve made over $120k since then.
@gabrielmm3515 Жыл бұрын
@Scarlett Bell My advisor is ‘’Frances Annette Batista'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
@Jamespearson698 Жыл бұрын
@@gabrielmm3515 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@semperfi-1918 Жыл бұрын
@Scarlett Bell you need a mentor.
@maurenhanders4372 жыл бұрын
Dont fight the trend , as well as other variations such as "never catch a falling knife" are classic adages. the basic things that traders should avoid attempting to predict trend reversals , or even worse, i believe there is more to this market than most currently understand .
@henrypopkong4012 жыл бұрын
Thanks for sharing this information. Actually I lost some funds while trying to trade by myself. wish i could find some way around it and make profits on crypto investing
@alishakurszewski-hoskins50022 жыл бұрын
@@henrypopkong401 what I think what you need is the right coach and trading account manager to skyrocket your profits daily .
@henrypopkong4012 жыл бұрын
who would you recommend ???
@alishakurszewski-hoskins50022 жыл бұрын
trading with Mr Andrew Jamie made more profits for me than other trading professionals I traded with in the past
@alishakurszewski-hoskins50022 жыл бұрын
i always enjoyed trading with Mr Andrew Jamie because of his simple step by step process, excellent communication and response times. the service was extremely streamlined and friendly throughout .i would recommend him to anyone also, give him a try..
@njreno1 Жыл бұрын
I have been looking into real estate for a year now and watching this video made the lightbulb go off. Depreciation literally makes my investment tax free as long as I buy as a business. So my son wants to rent a house, guess who is buying a house for my son to rent? Thanks for all your advice and education.
@williamyejun8508 Жыл бұрын
My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.
@jamescomb1170 Жыл бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
@jameswood9772 Жыл бұрын
Very true! I've been able to scale from $70K to $210k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
@jessicamoore3093 Жыл бұрын
@@jameswood9772 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
@jameswood9772 Жыл бұрын
The advisor that guides me is “Lisa Angelique Abel” most likely the internet is where to find her basic info, you can run a quick research with her name. She's established...
@jessicamoore3093 Жыл бұрын
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks.
@alexgorham74642 жыл бұрын
"if you don't build your dream someone else will hire you to help build theirs" - Tony Gaskins
@alexgorham74642 жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), crypto, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.
@franknedu19572 жыл бұрын
@@alexgorham7464 You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass
@franknedu19572 жыл бұрын
Just like crypto, got to know about crypto from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday
@velentevictor94352 жыл бұрын
@@alexgorham7464 True, building wealth requires developing positive mind as we live in a world full of great opportunities but many still miss out
@velentevictor94352 жыл бұрын
exactly, crypto has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
@poeticprincee97502 жыл бұрын
I watch this and be like, there is no way this is real and they are giving this knowledge out for FREE! (By using KZbin ads)! It’s freaking amazing!!!
@rizo9714 Жыл бұрын
Som much information ..in this channel...to make u rich...thankyou for teaching us ROBERT KIYOSAKI..
@lyubovmatyushkina2713 Жыл бұрын
All I can advice you now is to save up money, i can only thank Mr Sam Deymon for that. You should have enough capital to start with.
@irvingortiz79546 ай бұрын
Use debt
@xConti6 ай бұрын
Savers are what?? Losers
@Artur-tv7sq5 ай бұрын
Are you rich? Have a million or more?
@monaharper77922 жыл бұрын
I'm currently investing in crypto/stocks & this made me my first million with the help of a licensed US broker,Kathy Johnson She trades for me. I met her at a trade seminar in NY & she agreed to trade for me. I recommend her to investors looking to work with a broker too.
@hallejohanssen9652 жыл бұрын
OMGGGGG wait, you know this lady too so amazing seeing others trade with the same woman i trade with, shes been a blessing in my life
@bernadettecoudert59042 жыл бұрын
i came across this name last week and This is not the first time I am hearing of this name and her amazing trading skills but I have no idea how to get to her.
@lisahalls2372 жыл бұрын
I invest with her too, she charges a 20% commission on profit made after every trading session and that's fair compared to the effort she puts in to make huge profit
@monaharper77922 жыл бұрын
@@bernadettecoudert5904 *you can reach her through her Telegrm page*
@monaharper77922 жыл бұрын
@@bernadettecoudert5904 *kathytrades*
@vladimirgazizov6473 Жыл бұрын
It’s with the help of a pro trade analyst. I just invest what I saved aside from my income into the market while he handles my trades. Mr Sam Deymon is the brain behind my success.
@frederikkannegaard2624 Жыл бұрын
This education is way better than both gold and silver👏 Thanks so much for sharing with the world🙏
@jakegokey1985 Жыл бұрын
I am 15 and my mindset is so much different then my classmates I know that school is a waste of time and I know about e-commerce and how to be an eunturpernuer and how to make money work for me and I also know marketing and how to sell and I still can’t wait for all the stuff I have to learn. Loved the vid thanks
@alphonsewabianik92512 жыл бұрын
Never thought I could learn so much within an hour, thank you .
@davidvillena84322 жыл бұрын
Thank you all rich dad team for the knowledge you share
@meaningfulmax93512 жыл бұрын
At the start, Robert is looking at everybody like: "Are you listening!?" I love this guy XD
@happydantravels2 жыл бұрын
I never realized just how much banking is. Thank you, Rich Dad!
@nickbrunette82922 жыл бұрын
If you keep reporting losses on the properties using depreciation. How do you go about getting banks to lend you money again. Wont this have a negative impact on your DTI? Thanks!
@mattp5991 Жыл бұрын
You just answered your own question. The banks don't request a tax return to see if you wrote down the income or anything....The banks only want to see the financial statement to verify the debt to income ratio. Go back and look at the rents his property is generating vs. the debt load. The bank ONLY cares if the property's income can service the monthly debt payment (with a little cushion - less than a full 100% occupancy rate)
@fortunino2 жыл бұрын
A good habit to get into when the market turns this volatile is to buy on red days and if you want to reposition sell on green days. Timing the market is a fools errand. Don't sell off for the sake of selling to try to time the bottom... thats gambling with taxes there to slap you in the face on top of it. Think long term and keep it real! 🤙
@kansasmile2 жыл бұрын
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
@trinhminh-ha68952 жыл бұрын
hang in there, alot of stocks are down as well as crypto. Investing is a long term game, don't worry about the short term. As long as you invest in strong blue chip companies that you have conviction in, they will recover in the long term. DCA if you can.
@emilyjacobsen99552 жыл бұрын
I always believed in long term Investment as a savings vehicle for retirement. As I am a passive investor, with a day job does not allow me to monitor stocks movement actively, DCA is the only way. Or else, if I have a bigger capital pot I have to engage a financial planner like "Brenda Gay Mclean" who has made me understand that you must have a strategy. So i do not worry about short term performance that's why i follow her trades. In q4 of 2021 i made $196,300 as raw profits.
@kansasmile2 жыл бұрын
@@emilyjacobsen9955 A great start to financial freedom! how can i reach her?
@dustinbowie36162 жыл бұрын
@@kansasmile That first 100$k is the hardest. From there, your money works for you. Research the web she has an official web-page & she was recently featured on CNBC news recently.
@carlaldric5452 жыл бұрын
Poor is a mindset very few people recover from. Remember son, we are not poor. We are broke" - Dave Chappelle's dad
@carlaldric5452 жыл бұрын
2 BIGGEST MISTAKES THAT WILL HOLD LITERALLY EVERYONE BACK IN LIFE.. 1) BEING IDLE. You MUST take action. Whatever that may be, you have to do something that you believe in. That is the only way you can progress and achieve something. Don't sit around, procrastinate, and whine about bullshit. Go DO SOMETHING! 2) NOT CHANGING. You MUST change. If you do not change, you remain the same. If you remain the same, you don't grow. If you don't grow, you are locked in a metaphysical cell. You deteriorate from a lack of growth and prosperity. Always try to BETTER yourself and help others. That will be about the only thing you truly think about on your deathbed. Whether or not you advanced as a person and/or spiritual being and if you were able to somehow positively impact others' lives..
@cedricdesmet3812 жыл бұрын
@Wealth I totally understand you! Depending on one stream of income had never made any millionaire and earning check's don't put you on Forbes.
@cedricdesmet3812 жыл бұрын
There's so much money in investing in crypto, FX, NFTs etc
@lindaedi63202 жыл бұрын
Investing is the surest part to financial freedom
@levinhuber9732 жыл бұрын
Pls don't ever trade on your own without the help of an expert or signing up for mentorship
@claraclouse90862 жыл бұрын
Investing in the stock market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I’m keeping a diversified portfolio.
@Mcdd7-_-2 жыл бұрын
The decision to invest is an acknowledgment that it comes with certain risks. Not all investments will do well and some may lose money. However, without risk, there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
@Jme---2 жыл бұрын
To manage investment risk, consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal.
@instinctively_awesome82832 жыл бұрын
In general knowledge without experience, skills, and knowledge the markets indeed can become very inundating, since the pandemic till today I don’t rely on full time jobs for money cause my partnership with Stephanie Priscilla Bonillo actually pay off and I’m passively earning incomes. system has kept my portfolio elevated and healthy.
@bobbygunz92542 жыл бұрын
@@instinctively_awesome8283How do I reach her, you got any possible means of getting more info on her services?
@instinctively_awesome82832 жыл бұрын
@@bobbygunz9254Look up with her name on the web, you will find everything you need to know about her services.
@myhiddennewsreport72382 жыл бұрын
If you shouldn't trust banks, where should I keep my paper money / cash? I'd rather store in a bank than in my mattress...lol. Any suggestions?
@maxi-b3v2 жыл бұрын
mrs Amanda Maxwell trades for me too, she takes 20% of profit made after every trading session she put in alot to make huge profit
@Joe-zs8fk2 жыл бұрын
wow,amazing to see others who trade with mrs maxwell i am currently on my 5th trade with her and my portfolio has increased tremendously
@amygloria24982 жыл бұрын
this is not the first time i am hearing of Mrs Maxwell and her exploits in the trading world but i have no idea how to reach her
@richardtent58522 жыл бұрын
@@Joe-zs8fk mrs Amanda Maxwell trades for me too, she takes 20% of profit made after every trading session she put in alot to make huge profit
@maxi-b3v2 жыл бұрын
@@Joe-zs8fk i started with a capital of one thousand bucks. my capital has increased and is much more now within just weeks of her trading
@Joe-zs8fk2 жыл бұрын
@@richardtent5852 the steady weekly profits I'm getting with the help of Mrs Amanda she is a blessing
@TstyleLifestyle2 жыл бұрын
This video really just made a click in my brain within the first 13 minutes! Thank You so Much! Now i just have to apply it!
@Suntz_u Жыл бұрын
I recently inherited almost $500k. 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 but where else should I put money besides the financial market?
@greekbarrios Жыл бұрын
It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into investment advisors for a strategy that suits your goals.
@Americanpatriot723 Жыл бұрын
@@greekbarrios I completely agree; I'm 60 and recently retired with roughly 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds compared to my portfolio balance over the last three years. To be honest, the role of the invt-advisor can only be ignored, not denied. So do your homework to choose a reliable one.
@MIchaelGuzman737 Жыл бұрын
@@Americanpatriot723 well a million in profit is a nice milestone, how can i reachout to this advisor of yours?
@Americanpatriot723 Жыл бұрын
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "LISA ELLEN SHAW" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@MIchaelGuzman737 Жыл бұрын
@@Americanpatriot723 Thanks for sharing, 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 e-mail shortly.
@ChuckNorris-Investor2 жыл бұрын
One Of the Single Best Videos on KZbin. So Powerful and educational.
@akshay0kumar Жыл бұрын
Have a doubt, if somebody can answer. Flow explained in the video is : Take loan from bank and buy assets and save task. But how to pay back to the bank without setting the assets which again attracts taxes. OR if let say we but a house and rent it out that money also attract taxes. Can somebody explain the flow with example please.🙏
@teddy.bisson.411 Жыл бұрын
Meeting Zach Micah Demers has transformed our lives beyond what we could have imagined. Thanks to his guidance, we've become debt-free and are now actively saving for retirement. I even earned over 220K during the recent market downturn, which highlighted that there's more to the market than meets the eye. Especially for those nearing retirement, having an investment adviser like him is crucial.
@carolsitsons443 Жыл бұрын
I've learned that the financial markets are abundant with opportunities, but knowing where to focus is the key to success. Zach Micah Demers has been an outstanding instructor, with his accessible nature and extensive knowledge of the monetary business sectors.
@Infinitetrucker Жыл бұрын
Recently I came across Zach Micah Demers’ impressive resume while searching for his name on Google. It's a blessing to have found this comment section and to have him as our financial advisor.
@andreasvankur3735 Жыл бұрын
He's amazing! He taught us how to invest in stocks and bonds, and now we're making more money than ever." I'm thrilled with my portfolio, which started at 4 thousand and has now grown to 30 thousand. With his guidance, I invested wisely and now have more time for my family and future, all thanks to Sir Zach Micah Demers.
@Infinitetrucker Жыл бұрын
I completely agree. He's transformed my life. I used to struggle living paycheck to paycheck, but now I have savings and can even afford luxuries
@RajaRickin Жыл бұрын
this whole thread is oblivion npc
@Aziz__0 Жыл бұрын
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
@Blitcliffe Жыл бұрын
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 a lot of wealth transfer in this downtime if you know where to look.
@MakeamericaGreatagain-h7j Жыл бұрын
@@Blitcliffe My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.
@Blitcliffe Жыл бұрын
@@MakeamericaGreatagain-h7j For real, I've wanted to switch to a wealth manager. Please, could you recommend yours?
@MakeamericaGreatagain-h7j Жыл бұрын
@@Blitcliffe credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up
@Blitcliffe Жыл бұрын
@@MakeamericaGreatagain-h7j I just checked her out and I have sent her an email. I hope she gets back to me soon.
@Sheil-hard Жыл бұрын
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
@hermanramos7092 Жыл бұрын
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.
@lipglosskitten2610 Жыл бұрын
I've been in touch with a financial analyst 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.
@bob.weaver72 Жыл бұрын
@@lipglosskitten2610 I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@lipglosskitten2610 Жыл бұрын
@@bob.weaver72 'Catherine Morrison Evans’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@bob.weaver72 Жыл бұрын
@@lipglosskitten2610 thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too
@I999-g2s2 жыл бұрын
You can take the profit from the apartment building and pay no tax on it by depreciating the asset. BUT you can’t as an individual/investor/owner take that money and spend it on yourself, if you want to do that, you have to pay tax on it first, at your marginal rate. You can ofcourse, spend it on the apartment building itself (renovation and improvements, tax free). Also, every dollar of net income that you avoid paying tax on, adds a dollar to the book value of the building. Then, if and when you come to sell the building, you have to pay the tax on all of that at once (recapture).
@smilinggorilla11402 жыл бұрын
Lm
@frankkilgore59402 жыл бұрын
There was a lot of knowledge in that room right there......
@ramtinrezaniya18482 жыл бұрын
Special thanks to Rich Dad Team. They have been the most helpful so far to me. The best part is they try to KISS as Robert says ( keep it super simple ) and they cover all that matters. I wish the best for you all and God Bless You. 💚
@whatsapp12102 жыл бұрын
GUILDLINE AND MENTORSHIP 👆🏼👆🏼👆🏼📥📥📥
@TheAnonymous1one Жыл бұрын
What a great team. Tom really stood out to me. The way he explains things really makes it easy to understand.
@RealAlfa2 жыл бұрын
I wish I could meet you mr kiyosaki I’m a true believer in studying what you preach not just listening. Thank you
@howtodo93202 жыл бұрын
just completed your book rich dad poor dad thank you so much for giving so much practical knowledge about finance love from India sir may god bless you
@rishabhfalke46522 жыл бұрын
I'm lucky that I find this at such a young age of 25. ❤️
@JPJ4322 жыл бұрын
Scam
@Daevus2 жыл бұрын
Yeah this is a scam account lol how stupid you gotta be 😂
@rudrakanti892 жыл бұрын
been watching since I was 21 yo
@MichaelStewart-y3u7 ай бұрын
Here's a news flash.. People can't afford rent..I've even heard of people living in a rental and not paying rent for months. Welcome to the real world!
@theclephane29142 ай бұрын
There are a lot of people who live in my rental area and they all pay their rent. The contract says they’ll put you right out if you don’t pay your rent. I rent here. I don’t own here. I’m recovering disaster called divorce.
@tevans59621 күн бұрын
Find people who can afford it
@txbiker57 Жыл бұрын
Thank you for your expertise. How do folks, who are disabled, on a fixed income, get out of the rut.
@nuts2852 жыл бұрын
We're getting all this free of cost! Thank u Robert
@georgeellis24992 жыл бұрын
But how do you take out income from the asset? Because surely that then becomes income and thus taxable? Or am I missing a part?
@mauricemckisset2 жыл бұрын
It’s always good to see systems broken down and simplified.
@avarobert1612 жыл бұрын
*I've read about many people making huge returns from their crypto currency investment even as the fluctuations aren't favorable. Any pointers on how to start making passive income from crypto?*
@patrickpoirier78652 жыл бұрын
Understanding the concept of crypto is of great importance! Many had venture into it blindly and today crying foul.
@kattaylordann59082 жыл бұрын
@@patrickpoirier7865 you're right!
@hillparson97092 жыл бұрын
Crypto is lucrative people are just confused because of its volatility
@haroldgerald30972 жыл бұрын
Depending on one stream of income had never made any millionaire! Stocks and options are good to invest in but crypto is more profitable.
@mooreshirley92602 жыл бұрын
I used to see Crypto as a side thing but it has proven to be a major source of passive income since I venture into it
@pamelabeauty19802 жыл бұрын
*I'm so happy trading with Mrs Mary she's different from other trader's. I always made withdrawal of $20,000 every week of trade, God bless you.*
@pamelabeauty19802 жыл бұрын
*her method works like magic I keep on earning every single week with her new strategy.*
@orikanjojames8432 жыл бұрын
I'm surprise someone mention expert Mrs Mary, her platform is very sure and easy to access,
@orikanjojames8432 жыл бұрын
This woman change almost everything about me my friend connected me to her,
@gadomainasara85602 жыл бұрын
Mrs Mary is too legit keeping her words, $15,800 profit received in my coinbase wallet thank you so much expert Mary
@gadomainasara85602 жыл бұрын
God bless the day i came across your number on KZbin. You are God sent ma'am always remain thankful to you.
@invis95872 жыл бұрын
Does this apply to every country?
@Rpvc55422 жыл бұрын
For the cash out refi of the property, it is all dependent on the NOI then correct? I know for houses you must have equity to refinance but in this case no equity is needed because the NOI grew?
@joyyappy2 жыл бұрын
Learned alot! I have one question. How do you live off the income tax free? If you take money out of your company's income for personal use, don't you have to pay personal taxes?
@ryanscorner6523 Жыл бұрын
That's treated as Company expenses...
@joyyappy Жыл бұрын
@@ryanscorner6523 how is taking money out of your company for yourself as personal income a company expense?
@ryanscorner6523 Жыл бұрын
@@joyyappy present it as a Company expense. Your salary you pay yourself will be treated as personal income. All other expenses like stationery, even furniture, tea, snacks load it on the company. You can also hire your family members and split the income and also increase expenses that can be loaded onto the company like buying vehicles, hiring drivers etc etc
@joyyappy Жыл бұрын
@@ryanscorner6523 yes i get that. But there is still personal income i have to pay taxes on.
@ryanscorner6523 Жыл бұрын
@@joyyappy very minimal
@MatthewVinson2 жыл бұрын
Everyone only has credit. If you have stacks of cash, you can capitalize on everyone's credit. A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying.
@TruckeeFam2 жыл бұрын
Cash can be king , but it depends on how much you have. I.E- if you have $500k cash when the house market crash occurs you will have a LOT more opportunities VS many others especially when people get foreclosed.
@MIchaelGuzman7372 жыл бұрын
I’ve been on both end of the spectrum, I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to an Investmnt-Advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.
@elizabethyork5902 жыл бұрын
@@MIchaelGuzman737 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@MIchaelGuzman7372 жыл бұрын
@@elizabethyork590 I am being guided by "Theresa Mary Chamblee" who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
@elizabethyork5902 жыл бұрын
@@MIchaelGuzman737 Thanks for this mate. Her website popped up on the first page immediately I searched her, I read through her resume and Did my due diligence on her before leaving a message. So, hopefully she replies soon.
@jenimah2 жыл бұрын
My greatest happiness is the $ 28,000 biweekly profit I get consistently
@dorisjoshua92852 жыл бұрын
Mrs Nora has brought me out of the wrenches and to a better living through trading with her..
@محمدصادق-ه1ت2 жыл бұрын
Oh please, how can someone get to speak with mrs Nora!!?
@hamlucas24672 жыл бұрын
It's not about watching videos and westing your time on strategies, I was ignorant doing so, so I decided to try Mrs Nora and ever since then she she has made me about $14000 for me on every &5,000 I invested.
@elmermildred56242 жыл бұрын
@Obiorah Juventus she helped me earn $50,000 with $5000 in 5 days, now I'm earning over $100,000 every 5 days
@alonsom.a.12112 жыл бұрын
@Obiorah Juventus Despite the lockdown I was able to earn $9000 while being home with the help of Mrs Nora, she is really a miracle worker thank you Mrs Nora
@whispie.2 жыл бұрын
I don't get why the investors don't pay taxes. Every time the real estate is refinanced, they pay money to the investors, right? I'm talking about minute 24:28 to 26:50 Doesn't it compute as a dividend and therefore subject to capital gains tax?
@mattp5991 Жыл бұрын
The $4m equity investors are set up through a Partnership or LLC and they get some or all of the ongoing $300k in simple profits PLUS some or all of the yearly -$500k in depreciation deductions to offset the income! If there are 3 investors plus the presenter, then maybe they split $300k 4 ways equally but they also split the $500k write down equally so each investor always has a larger depreciation write off than the income percentage they get from the partnership. Thoughts?
@inaamachanell5061 Жыл бұрын
the best Education video I ever watch
@sammuchai44012 жыл бұрын
This is one of the best educative video on Investing,Business and Money i have ever..ever come across online.Fantastic explanations and Tips.Quite refined for a clear picture especially if your are a businessperson or investor regardless of your location in this beautiful world.Thank you Team
@makingmelody522 жыл бұрын
I’m halfway through this video and thought the same thing after 10min in. This is incredibly transparent, and I feel envious of the students in the room.
@stevejones2422 жыл бұрын
Success depends on the actions or steps you take to achieve it. Show me a man with no investment and I'll tell you how long it takes to fail. The investment creates a safe haven for the future. With the right investment choi noce that has at least a minimum risk of 2% and with expert advice, both profits and interest are 100% guaranteed.
@marypaul88852 жыл бұрын
I was skeptical and doubted but then gave it a try and it was a great experience investing with Mrs Emily Bart
@marypaul88852 жыл бұрын
She also on INSTAGRAM ⬇️
@marypaul88852 жыл бұрын
Emily Bart 8
@brandong31932 жыл бұрын
Great video, and very informative. The only place I am trying to wrap my head around is that this works assuming rent goes up, to compensate for the higher monthly payments of the larger debt. That is what essentially allows you to pocket the surplus loan amount as untaxable income. What happens should the real estate market slip (2008) and now rent is below that large monthly payment? Is there a way to provision a certain amount to be prepared for a market turn down to survive it without being forced to liquidate? Maybe you reinvest 50% of that pocketed 1M an keep the rest
@xejelah2 жыл бұрын
That would only be for a period of time though, right? The market yo yo's - wouldn't the surplus help with that until the market went bull again?
@brandong31932 жыл бұрын
@@xejelah Great point, but 2008 took 4 years to recover. That would be 48 mortgage payments where rent is below that payment, plus fixes / maintenance. If your regular income can make up the difference then its not a deal breaker but thats a long time with negative cash flow on a rental. Either a nest egg or other cash streams would be required or you'd have to liquidate at lows.
@RedDragonProtection10 ай бұрын
This video finally made "tax free" loans make sence.
@anndyperfume84682 жыл бұрын
Amazing video I just finished reading rich dad poor dad and it brought me here wanting to know more about the business world. Excellent lecture!
@donaldhernandez15472 жыл бұрын
This is awesome. Thanks Robert. I've always wanted this explained. 👍👍
@vincentmudimeli44302 жыл бұрын
Thanks for opening people's mind about the brutality of the financial institution I hope you can travel the hole world hosting this kind of seminars specially Africa and teach our politicians who are crippling the pockets of civilian through corruption
@etoilemerveilleuse34592 жыл бұрын
Watching this video is clearly a sign that I am gonna be something my family never had in their family. Thank you Jesus!
@actualfacts10552 жыл бұрын
The increase in land value is the big money maker.