THIS IS KEEPING YOU POOR -ROBERT KIYOSAKI

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The Rich Dad Channel

The Rich Dad Channel

Күн бұрын

Best known as the author of Rich Dad Poor Dad-the #1 personal finance book of all time-Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books-Why the Rich Are Getting Richer and More Important Than Money-were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
#robertkiyosaki #richdadpoordad #millennialmoney
www.richdad.com
Facebook: @RobertKiyosaki
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Twitter: @TheRealKiyosaki
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Instagram: @TheRealKiyosaki
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Пікірлер: 782
@sebys1414
@sebys1414 5 жыл бұрын
I’m 15, knowing this stuff now is absolutely incredible and I hope to start investing in real estate in my early 20’s
@sajansinha9432
@sajansinha9432 5 жыл бұрын
Lucky Guy
@randomdudewithahotdog2626
@randomdudewithahotdog2626 5 жыл бұрын
Im 16 and have the same goal as u. Im planning to invest on stock market in my 18.
@juliotorres2925
@juliotorres2925 5 жыл бұрын
Random dude with a hotdog same bro same goal!
@mandystop1077
@mandystop1077 5 жыл бұрын
@@randomdudewithahotdog2626 I m also 16 and I have savings 😊
@kevinkemble3718
@kevinkemble3718 4 жыл бұрын
Seby S ; bud. Keeping looking sharp out in the marketplace. Read Robert Kiyosaki’s “The Business of The 21st Century.” And more than once. Like over and over. Lmk if it makes sense. “Passive Income,” yes. Investing into your mindset starts now.
@sergiosaldana5631
@sergiosaldana5631 5 жыл бұрын
Skipping the negative comments , shout out to the open minded people we all going to make it one day 💯 stay humble
@Miracle-fw3zd
@Miracle-fw3zd 4 жыл бұрын
Sergio Saldana love this comment! 🤍
@karledwards4
@karledwards4 4 жыл бұрын
Sergio Saldana ✊🏽✊🏽✊🏽💪🏽
@MichaelJayValueInvesting
@MichaelJayValueInvesting 6 жыл бұрын
Wealthy people are always looking for ways to use their surplus income to acquire more income generating assets. This is cycle of positive reinforcement.
@TheAgentAssassin
@TheAgentAssassin 6 жыл бұрын
Can't I just skip all that stuff and sell how to get rich books? just kidding ;-)
@youtub3d
@youtub3d 6 жыл бұрын
investors should not be held accountable for a greedy system.
@britishboxer6875
@britishboxer6875 5 жыл бұрын
yup, its calls con artist, bets example, the BAIL OUT...no one who earned passive income cared if yo grandpa starved, its business as usual and part of been rich...
@KevsUploads
@KevsUploads 5 жыл бұрын
Oh yes!
@manictiger
@manictiger 5 жыл бұрын
@Douglas Wayne They were supposed to teach you this in grade school. If it takes 500 manhours to make a shack and each manhour is 10 dollars, how many dollars does it take to buy the shack? Greed is stealing that shack from the people who built it because you read the communist manifesto in high school.
@Leath3r
@Leath3r 6 жыл бұрын
My man. Im halfway through "Why A Students Work For C Students" its a great read
@abcdxx1059
@abcdxx1059 6 жыл бұрын
Leath3r read enlightment now or something like that
@moneymikeslickwill8749
@moneymikeslickwill8749 6 жыл бұрын
Im reading it to man its life changing
@fredano5557
@fredano5557 6 жыл бұрын
Leath3r I seriously need that book
@kimj827
@kimj827 5 жыл бұрын
Thx for the book tip, I’m going to search for this book and books alike today!! Robert is amazing 🙏🏿😇
@rickeshpatel4025
@rickeshpatel4025 3 жыл бұрын
I’m the C student 😂 😉
@jcarrandson
@jcarrandson 5 жыл бұрын
I'm almost 30.. I have a stocks portfolio but I wish I could go back in time knowing what I know now. Not once have I used algebra, needed to speak French or needed to know about different religions since I left school. That may not be the case for all of us but personal finance is a skill everyone needs after school, and it should be taught!
@BrokTheLoneWolf
@BrokTheLoneWolf 5 жыл бұрын
If you understand tax and debt you’ll be super wealthy in this financial system.
@ljohns9143
@ljohns9143 4 жыл бұрын
CPAs exist and will take care of the tax issues for you, you can even deduct their fee
@JamesAutoDude
@JamesAutoDude 4 жыл бұрын
@@ljohns9143 very true
@julianmedia
@julianmedia 6 жыл бұрын
Good evening Robert Kiyosaki. I have a high degree of love and respect for you Mr. You are a phenomenal Entrepreneur and mentor. I read your book titled the Business of the 21st Century and that book change my entire life and more importantly my mindset about how money works. You are a master and expert in your field. You and your wife are incredible legends and I resolve to adapt those temperaments that make you and your wife the exceptional leaders whom you are today. Thanks a million.
@gretawilliams8799
@gretawilliams8799 6 жыл бұрын
Julian Fullerton Search this on KZbin BANKING, The greatest scam on Earth
@bigholliday74
@bigholliday74 5 жыл бұрын
Beautiful
@ducrogers302
@ducrogers302 5 жыл бұрын
@@gretawilliams8799 Your feelings about the banks are going to keep you poor. You need to learn more from Robert. You'll learn that you can use banks to make you money. Scammers or not, you have to let that feelings go. You have to work with these banks to get a "good debt" so you can get a passive income using their money. Don't give up!
@Egzistor
@Egzistor 5 жыл бұрын
@@ducrogers302 Little mistake in your life and one day you should give to banks all your money, assets etc. Than more bank debt give you, the more you are in the web of banking system as a bank hostage, a credit slave.
@maxpocher
@maxpocher 6 жыл бұрын
Kyiosaki Lifestyle midnight learning 🙏
@MrMarkCaudill
@MrMarkCaudill 6 жыл бұрын
If we teach them how to build a life time monthly residual income they can be financially free for ever.
@johnjoxx
@johnjoxx 4 жыл бұрын
1:05 “3 types of laxonat”
@josh2bless697
@josh2bless697 4 жыл бұрын
I am currently at my "earned income" job and watching this because my goal is to become financially free so that I don't depend on earned income. Thank you, Mr. Kiyosaki, for this education.
@mamabearprepper2512
@mamabearprepper2512 3 жыл бұрын
Thank you for your comments. I really appreciate. I'd advice to Invest in bitcoin and stocks . Hit me up directly for more information
@mamabearprepper2512
@mamabearprepper2512 3 жыл бұрын
+1... 6... 2 ....3_ 6..... ...6 .3.__ 8 .. 1__. 7___ 5 on w_h_@.t_s_@_p_p.
@josh2bless697
@josh2bless697 3 жыл бұрын
@@mamabearprepper2512 Okay, will do. Thank you for responding.
@josh2bless697
@josh2bless697 3 жыл бұрын
@@mamabearprepper2512 I have been looking into Bitcoin. This is a confirmation.
@googleaccount6931
@googleaccount6931 2 жыл бұрын
@@josh2bless697 theyre trying to scam you
@benjz051
@benjz051 5 жыл бұрын
thank Robert Kiyozaki..you change my life when i read your books “Rich Dad , Poor Dad,” great help to me my mindset in life..
@50TEW
@50TEW 4 жыл бұрын
Me too, his book changed my life
@MNIGN56
@MNIGN56 6 жыл бұрын
Ive learned about you back in 2003 and have not yet acquired anything you have taught. I was stuck on trying to survive with a slave mentality. I tried to build a carpet cleaning business from working in one and failed. Did not know there are over 60 carpet cleaning companies in the area. Now i am reaching back out to you to learn to be financially free. It gonna be a tough road because i am 44 years old.
@KingBradley-mv5fe
@KingBradley-mv5fe 5 жыл бұрын
F Gordon I’m late to your comment but Now is one of the best times to be an entrepreneur/business owner. Your social media presence and utilizing digital marketing is what will make you stand out and separate you from the other carpet cleaning companies. I greatly suggest you study on how to create Facebook, KZbin, and Instagram adds. Also learn what kind of content to post for a small business on social media platforms.
@Martins2012
@Martins2012 5 жыл бұрын
So you opened a business without any research? well, you should be happy, you just learned a lesson, don’t open a business without researching the area, the market, competition, in your case, the % of properties that uses carpet etc...
@persiafive8360
@persiafive8360 5 жыл бұрын
Keep going F Gordon, keep digging you will strike oil soon. Time will move anyway, whether you do it or not, you're still young.
@thestuff4321
@thestuff4321 5 жыл бұрын
How you doin bro?
@goinsvirginia
@goinsvirginia 4 жыл бұрын
Investing in hard assets is what he teaches. I get it.
@ShesSoKiwi
@ShesSoKiwi 5 жыл бұрын
Omgs so good love this.. It's like its in the back of my head and I've been scratching til some thing came out snd you finally knocked me into sense! I love you Robert!! My father's name of course too.. I read rich dad poor dad many years ago and still have the same book. All u and Trump thinking both gets me really fired up.. i've always known I've never wanted to work for a pay check always wondering how the big companies succeeds. My ex boyfriend owns a mechanical shop he can make any machine and has a very detailed mind in coming up with solutions but its so broke because he under values himself. I'm talking about, machine any where from $15.000-80.000 but he will get the machine in top materials and see the job done right. But giving himself what the labor and drafted CAD drawings use is at 1/3 I'd what other specialist machist would change. Not only does he have his business, but now he owns a few rents in IL. Some how is always broke and different fing have your own?
@JunglebuddySlaVa
@JunglebuddySlaVa 5 жыл бұрын
"You wanna work for the right type of income, but not for money"
@mamabearprepper2512
@mamabearprepper2512 3 жыл бұрын
Thank you for your comments. I really appreciate. I'd advice to Invest in bitcoin and stocks . Hit me up directly for more information
@mamabearprepper2512
@mamabearprepper2512 3 жыл бұрын
+1... 6... 2 ....3_ 6..... ...6 .3.__ 8 .. 1__. 7___ 5 on w_h_@.t_s_@_p_p.
@punnymoney3692
@punnymoney3692 6 жыл бұрын
I wanna get into real estate but 3D printing is going to change the game! Print a 300k house for 10k! Just wait and watch.
@TamLe-fg8xx
@TamLe-fg8xx 6 жыл бұрын
Its not gonna happen soon, at least 10 more years
@mindsetinvestors1579
@mindsetinvestors1579 5 жыл бұрын
You probably don’t know about 3-D printing.
@elmahoufzakaria1915
@elmahoufzakaria1915 5 жыл бұрын
your vision of real estate is fantastic maby it is not possible today but the idea is amazing, i read the comments and they made me laugh, what they dont realise that the companies in real estate do diffrent tasks, there is the land owners the builders ect.. your idea can change everything but for sure it is not an easy one,
@Egzistor
@Egzistor 5 жыл бұрын
Yeah you are right. Also more and more people become lived in the "House on wheels". You can travelling and don't pay for land. Real estates it's 20 century income. Wait 2-4 years and all real estate will be cheaper and cheaper....3d printing and robots change the world. Sorry for my English.)
@Egzistor
@Egzistor 5 жыл бұрын
I invested in internet, websites, advertisments 20 000$ and get 800$ per month cashflow passive income. Than I invested in the real estate 50 000$ and get ATENTION 400$ per month cashflow passive income. Feel the difference.
@irenekorie49
@irenekorie49 Жыл бұрын
*Considering the economic downfall and the rise in poverty across the globe. I ask; What’s the best way to achieve financial freedom?*
@silviaerling382
@silviaerling382 Жыл бұрын
This is the best question of the year. I pray you get the right answer here.
@irenekorie49
@irenekorie49 Жыл бұрын
If I could ask; who’s your financial Adviser and how do I gain more info?
@tomasfrederico576
@tomasfrederico576 Жыл бұрын
It's hard to trust someone with money or get a financial advisor who can help you plan, invest, and manage your investments for the best results. Working with Donald Nathan Scott, I realized that good people do exist.
@isabellaharper3493
@isabellaharper3493 2 жыл бұрын
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
@charlottegomez5279
@charlottegomez5279 2 жыл бұрын
When discussing crypto diversification frequently asked question is whether diversification is even possible
@charleslapson4939
@charleslapson4939 2 жыл бұрын
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
@charleslapson4939
@charleslapson4939 2 жыл бұрын
Cryptocurrency is a very good option if you would like to trade online
@mohammadmurphy3927
@mohammadmurphy3927 2 жыл бұрын
@@charleslapson4939 Please enlighten me more about online trade, I need it now
@nickcholasstampley1149
@nickcholasstampley1149 2 жыл бұрын
I have Mrs Laura Jasmine if you want to trade online
@craigchase8511
@craigchase8511 6 жыл бұрын
I always love your knowlege and advice Robert. You are a gem sir!
@alexanderchenf1
@alexanderchenf1 4 жыл бұрын
I suggest the channel manager to number the videos in chronological order, and make a bundle list.
@shubhamrathi351
@shubhamrathi351 3 жыл бұрын
Yeah really
@allentrevor1936
@allentrevor1936 4 жыл бұрын
Weird thing...I enjoy listening to him, but whenever she talks I get a weird brainwashed vibe like a robot repeating everything he said. I like Robert tho
@reecehayden7731
@reecehayden7731 4 жыл бұрын
Seconded
@dampsomsatan
@dampsomsatan 4 жыл бұрын
shes cute so i dont care
@tommajor3832
@tommajor3832 4 жыл бұрын
Its a girl thing. You are subconsciously extremely jealous of her.....its ok
@monnikhan1000
@monnikhan1000 4 жыл бұрын
She seems dumb lol
@tabbywarrior
@tabbywarrior 3 жыл бұрын
I agree. It feels like she's kind of advertising for the company.
@sespaillat
@sespaillat 5 жыл бұрын
People I want you to understand something. The rich write the rules of the game in our country USA capitalism is the game and Robert is showing you how the game works. Our government replaced imperialism and colonialism with capitalism. Now that he has taught us the game we all see how it is economic slavery. He basically teaching be the business owner because that a free man in our society but it takes time to build a big business. Money is equal freedom, the only way you can free up your time is by creating a business that can make you money and pay your expenses without you physically working. No money is truly passive but the whole game of capitalism is based off making money on the labor of others who work for you in exchange for money. Their only two solutions you either make your company a worker co-op or you start a revolution and get rid of the system entirely.
@kevinsnyder2026
@kevinsnyder2026 6 жыл бұрын
I like those cool blue glasses.
@michaelevans9521
@michaelevans9521 5 жыл бұрын
You’re an awesome dad , I educate my wife and we educate our children. My parents never taught me when I was younger and asked about how to make money they told me I was too young and I don’t need to worry I’m just a kid. But as an adult I own rental properties and teach my children not to work for money but buy investments to pay for the things you want because after the item is paid for they will still make money from their investments. They see what I do and this is normal to them, seeing me buy properties and putting checks in my credit union. Investment properties have freed up my time where I retired early from my JOB and in turn I have more time to find more properties that make sense to purchase. Life is exciting now. Time with my family, security, priceless
@ashokkurian6884
@ashokkurian6884 5 жыл бұрын
Dear Robert Many years back I attended a church session and after I came back I noticed your book Rich Dad Poor Dad. I read it and it had a lot of the answers to many pressing questions. I thank God for it. Iam not rich ,by no means but at least I have the knowledge and that's what really matters Regards
@chucky1time337
@chucky1time337 4 жыл бұрын
How do you get the income in the first place to move into real estate or buy stocks etc.. without having a job to start with
@NovaStarr
@NovaStarr 4 жыл бұрын
Start a small business, like mowing lawns etc. at least that's what I'm seeing in 'Rich Dad, Poor Dad for Teens'. Just ordered it so that's based on a preview, was looking for this answer myself.
@akhilmuscle2702
@akhilmuscle2702 4 жыл бұрын
Get a job with less expenses meaning save your most money if you spend the majority of your money you will be a salves of your expenses so the key to not spend more than 25% of your income
@50TEW
@50TEW 4 жыл бұрын
You should start saving early on, people think they can go from 0 to 100 overnight. Fact is you save 1 then 2 then 5 then 10...til you get 100
@KaiAndrew
@KaiAndrew 6 жыл бұрын
Literally the first eye opening lesson I learned from RDPD over a decade ago. It helped me escape the rat race in my 20s. Hired a great accountant and put together a tax and investment strategy. When you think about it, the government is taking ~35% (state and federal) of every paycheck, plus sales and property taxes - it's insane how you only really keep half your income.
@Monster33336
@Monster33336 5 жыл бұрын
I know Robert's secret, but can't share it or I may be in trouble. =| Truth is, nobody will ever tell you the truth about wealth creation and manipulation, only you can find it.
@korgond
@korgond 3 жыл бұрын
What's that secret? Give some clue at least
@lindanorris3226
@lindanorris3226 5 жыл бұрын
THANK YOU SO MUCH FOR SHARING 🔥
@Anonymous-sj8ds
@Anonymous-sj8ds 6 жыл бұрын
First you get the money then you get the assets then you get the liabilities then you get Alexandra In this world all you got is assets The world is one big asset Chico
@fishmut
@fishmut 5 жыл бұрын
I love all these videos, it’s to late for me but I can hopefully help point my grown up kids in the right direction , there young and I really think they can make it to the best of there abilities. Thank you for sharing these videos .
@mickaudio8432
@mickaudio8432 6 жыл бұрын
Ain't that some shit though? You have to pay for other classes to learn about these things, but at least we are learning something here. Saving is not easy. But that's not what Mr. Kiyosaki is teaching, he is teaching what you can do to get somewhere. Tony Robbins teaches how to save in a way where the concept is the same. Make money work for you. Pick a number to automatically deposit into your savings for a future investment, but only work with what you have left. So far, so good. But I'm not rich yet. I just learned how to really be strict with my money. Discipline.
@punisher6
@punisher6 4 жыл бұрын
Many people only use the left side of their brain. Creativity comes from the right side of our brains.
@laragreene8328
@laragreene8328 4 жыл бұрын
And alot of people dont recognize BS....lol
@AliNadem
@AliNadem 6 жыл бұрын
good stuff enjoyed the 2 cents
@canman5060
@canman5060 5 жыл бұрын
You need school drop outs to create employments for the graduates.
@adamjohnsey685
@adamjohnsey685 5 жыл бұрын
This guy is really smart i got 2 give it 2 him. He has been brought up well but if u look at this way. I am a father and i have children i do work for a pay check and i dont care. I provide for my family and i do it well. If you think about it he is rich because he cheats the system which is smart. I wud have 2 disagree with him in 1 of his videos he said that is ur poor alot of them say i cant afford that he said i can get woteva he wants good for him but i have everything i want as my family. He does say in 1 of is video iswell poor say money is evil it is true coz i have seen it as its split up familys and all. I got say i love bing poor as he says coz i have a job and get a paycheck but i am more richer than any1 else coz i got my family and very happy that is wot i teach my kids and always will. I aint saying wot he is saying is wrong he has dun well for cheating the system but i think sum parts r. POOR PERSON HERE THAT IS VERY HAPPY. If u wanna do wot he says in the video good 4 u And it is gd he is teaching others for this like his rich dad taught him
@h2jennings
@h2jennings 6 жыл бұрын
Awesome lesson Robert!
@DeaLenihan
@DeaLenihan 6 жыл бұрын
Now we need examples.
@pj-qr9lu
@pj-qr9lu 6 жыл бұрын
Dea Lenihan looking good 🌷
@britishboxer6875
@britishboxer6875 5 жыл бұрын
the bail out, taxing the poor, raising money for a cause and laundering it, creating a clinton foundation tax free formed LTD, just a few examples., taking bribes from politicians to start wars, blue chip investments such as the military industrial complex, weaopons, bio weapons and mind control agents, poisoning the public and feeding them dung fro mbill gates machine, some even sterilize the poor to keep them metrosexual., working for the wrong side of the law, rich in cash and some love.
@yahyamiah1743
@yahyamiah1743 5 жыл бұрын
Same bro I’m learning to trade forex with a network marketing company & this is best way to get rich fast with a small risk ratio
@nishh_700
@nishh_700 5 жыл бұрын
@@firasmegrahi8587 i wanna talk to you!!
@JamesAutoDude
@JamesAutoDude 4 жыл бұрын
@2niner71 so really all you need to do is act like you have all the answers and word it in such a way that it sounds like you do and it sounds like you're gonna share those secrets, but never reveal them. I knew that those damn seminars for learning real estate and crap had to be total b.s. By the way, if it was easy, everyone would be doing it just like Uber/Lyft (it was easy and now everyone's doing it but not making money because it's oversaturated now)... Also, if it sounds too good to be true, it likely is just that.... Too good to be true ...
@stilgottheblues
@stilgottheblues 6 жыл бұрын
"Working Class DNA"
@SajadAli
@SajadAli 6 жыл бұрын
thank you Robert, you were the inspiration for my KZbin Channel 🙏🙏🙏
@csiki2504
@csiki2504 5 жыл бұрын
Glad to see you here too! Your book helped me change my mindset. And after 4 years of savings i made my first investment. Looking forward to learn more about this! Thank you for your time and informations!
@deshonmiller5573
@deshonmiller5573 6 жыл бұрын
Are you nuts! Are you nuts? Thanks Beautiful information.
@natureheals5240
@natureheals5240 5 жыл бұрын
That girl has no idea what she's saying or why she's there
@Justforthefifteen
@Justforthefifteen 5 жыл бұрын
That’s most of us, most all the time...
@shreyastamane9696
@shreyastamane9696 5 жыл бұрын
It is still lot better than sitting in a classroom!!
@BboyDaquack
@BboyDaquack 5 жыл бұрын
cuz she's pretty
@justmylifestyle5584
@justmylifestyle5584 5 жыл бұрын
@@BboyDaquackShe is an intern, she is young and learning, she will get there eventually
@post-humangod2575
@post-humangod2575 4 жыл бұрын
What makes you say that?
@jennygao826
@jennygao826 5 жыл бұрын
the problem with what he is teaching is it works great for the individual who is willing to take some risk and make informed decisions like he did. BUT think if EVERYONE did this in our society, this would not work and the whole thing will fall apart - just imagine if everyone had rental properties outside of their primary residence, who the hell is going to rent it then? I know it's hypothetical but.. it's not sustainable if we were to care about every individual in our society. It is a similar problem with automation/owning automation, it only works if a select few has them, if everyone had them, well... there would be abundance but nobody will "make money" off of it (just think dollar store but now applied to just about every product/service). It's good to be smart about money but I do think we need to start thinking about these things for humanity as a collective rather than for few % of the population who had access to information/technology/wealth/etc. We need to start thinking about how we can all live well and not leave some % of the population behind by taking advantage of their labor. I appreciate that Robert Kiyasaki cares about millennials and tries to help them by sharing what he knows, but we need more leaders that can go even beyond this and really tackle systemic problems that are deep rooted in our culture - a culture that only cares about individual successes and wealth. This will take time and no easy task..
@adamdecaul2457
@adamdecaul2457 6 жыл бұрын
Can you please do a more in depth lesson explaining how you get money from the four different assets. Most interested in way you use your business to get income without being taxed?
@abcdxx1059
@abcdxx1059 6 жыл бұрын
Adam De Caul why Take advise from him on business his company went bankrupt
@spencerkraus
@spencerkraus 6 жыл бұрын
If you think that declaring bankruptcy means he isn't educated and experienced in business and financial concepts then you have a lot of ground to cover before you can start trying to critique his capabilities. He is an extremely wise man, especially in the financial realms.
@siyandanohase6209
@siyandanohase6209 6 жыл бұрын
+Spencer Kraus well said sir
@24barrasnick12
@24barrasnick12 5 жыл бұрын
Adam De Caul put the profit in real estate That’s what im about to do in a couple of months
@bronney
@bronney 6 жыл бұрын
Insta-sub because of this: 6:40 . These are the lessons I learned too late in life, but learned nonetheless. And it is one of the most important. Robert, you're doing good stuff. May these 10mins+ clips also bring you passive income ;)
@tothediaspora3905
@tothediaspora3905 5 жыл бұрын
I've been wanting someone to explain this to me like this.
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
Robert you have a fine student with you! Great advise as always thank you Robert!!!....
@MikeD-nu6uy
@MikeD-nu6uy 6 жыл бұрын
Armando Reyes i think thats his baby girl 🤣
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
Mike D what do you mean? like his daughter or his girlfriend...
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
The Joker bro i was complimenting Robert's fine student while at the same time appreciate his adivse...
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
The Joker i care she's freaken Gorgeous!!!! Bro! you must be a homosexual for my comment to bother you that much....
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
The Joker I know that's why i thank Robert for his great advice....
@aheebwaarnold3555
@aheebwaarnold3555 4 жыл бұрын
I would like to know some of the outside class courses that one can take to better their financial knowledge
@JamesAutoDude
@JamesAutoDude 4 жыл бұрын
Same!
@igotsomecuddylastnight7116
@igotsomecuddylastnight7116 6 жыл бұрын
You're the best robert!!!!
@TheRichDadChannel
@TheRichDadChannel 6 жыл бұрын
Thank you!
@sherlok7156
@sherlok7156 5 жыл бұрын
There realy nice OPTICAL ILLUSION jn 8:12 with glasses !)))
@nutankhetre4571
@nutankhetre4571 Жыл бұрын
मैं आपकी इज्जत करता था मगर हम इतने गरीब भी न र हे की मा बाप को libelity समझे ..
@user-ht9zv2lw1f
@user-ht9zv2lw1f Жыл бұрын
You can ask me whatever information you want to know regarding the investment,I'm free now
@user-ht9zv2lw1f
@user-ht9zv2lw1f Жыл бұрын
You can ask me whatever information you want to know regarding the investment,I'm free now
@mamathanarayan1964
@mamathanarayan1964 5 жыл бұрын
Namaste Mr.Robert iam a big fan of yours....iam a beginner in financial learning and very happy to learn from you. You tell everything in a very simple , easy to understand manner and that's the best part of your teaching. Please give some tips on investing in shares as many people like me are very new to investment. I am Keen and looking forward for your videos.
@adarshjaiswal9323
@adarshjaiswal9323 2 жыл бұрын
Never ask someone for tips for investment in stock market. I am also currently learning about stock market and other different avenues for becoming financially free before my 30's. And as far as I have learnt financial education refers to the discussion about cash flow. Not asking for advice or tip about a particular stock or mutual fund. If you want a tip you can ask about the moats and competitive advantages of that particular stock or company but never ever ask for advices for investing. (Because then it will not be investing , it would be speculation). Hope that makes sense to you🙂
@valentinopereira58
@valentinopereira58 Жыл бұрын
You don't seem to know robert.. He doesn't invest in shares.. Invest in Real estate, business and commodities
@NakkeJohn
@NakkeJohn 5 жыл бұрын
How does 1:00 say "income", more like "1aconaet" whatever that means :/
@post-humangod2575
@post-humangod2575 4 жыл бұрын
a is n, na is m and et is e,
@rajashreenaik25
@rajashreenaik25 5 жыл бұрын
Thank you sir for sharing your knowledge.I am big fan of yours.. Recently I came across this channel.I am highly obliged to the channel owner
@PClanner
@PClanner 6 жыл бұрын
BIG Issue: Tax is the method which is used to FAIRLY proportion the amount of money taken from each person to help the country pay for the "cost" of living in that country. It is there to support the system - it does not make anyone rich as the requirements of the country and the capitalist process used to run the country usually mean the money is used to pay off a deficit. Tax is a responsibility of every citizen that wishes to see their country not go broke, and to see an example of people being irresponsible in that area, just research Greek economy over the last 70yrs.
@nassirabdelrahman3646
@nassirabdelrahman3646 4 жыл бұрын
Am I stupid? I understand that we poor makes other people rich. We pay for junk food daily. To make them rich
@kiwiverse5122
@kiwiverse5122 4 жыл бұрын
love it but surely they didn't have to film behind a green screen to achieve a boardroom effect
@theentrepreneurchronicles2141
@theentrepreneurchronicles2141 5 жыл бұрын
very well said. Thank you for your time in this matter.
@randygarcia3378
@randygarcia3378 5 жыл бұрын
I would like to thank you. I read Rich Dad poor Dad. It changed my life. Realestate has been my most successful passive income thus far.
@robertdelagarza5977
@robertdelagarza5977 4 жыл бұрын
its funny because everytime i ask someone about investing in real estate i guess they cant comprehend it but they always bring up stocks and bonds lol
@jrcpa2011
@jrcpa2011 5 жыл бұрын
You said that if you buy your house for $100k and sell it for $200k, you will have to pay 100k in capital gains. That depends. If you have lived in your residence for two of the past five years, you will qualify for the capital gains exclusion. $500k for joint filers and $250k for single filers so in either scenario, you wouldn't have to pay capital gains from the example you used
@johnparris2353
@johnparris2353 Жыл бұрын
He doesn't no that wants 2 put shit on it
@johnparris2353
@johnparris2353 Жыл бұрын
U right
@johnparris2353
@johnparris2353 Жыл бұрын
It just flows out his mouth with ease property gold silver oil wells every thing of value where's the I r s when you were acid u made all this up but he believes it It's really sad so many believe him
@Squanching-squanch
@Squanching-squanch 5 жыл бұрын
What real estate classes or courses would you recommend for beginners that would want to buy a rental unit?
@subsoil007
@subsoil007 5 жыл бұрын
True story .. I was in the middle of buying my first home for 350k .. looking at 1600 a month payments .. this was in the middle of the housing boom in Ireland .. an retired financial detective whom I met in hospital warned me not to go thru with the sale that he had inside information from his old colleagues that an Irish bank was going to bring the country down .. he wouldn’t tell me which bank , I had no idea.. I cancelled the sale & took his advice at the disgust of my parents .. few months later , Anglo Ireland went bust & Ireland had to receive a massive bailout from Europe .. that house I was going to buy and be in massive debt and misery for my life was on the market after the crash for 150k .. I was extremely lucky..
@bobben660
@bobben660 5 жыл бұрын
You had good luck and good timing to not do it. Good thing you knew that guy
@subsoil007
@subsoil007 5 жыл бұрын
Bob Ben it was by pure chance I met him , he was in a hospital ward with me and we got chatting . Many people got caught and are in massive negative equity
@yatox8
@yatox8 4 жыл бұрын
"FICO scores which are really FIDO scores, woof woof! doggy!" .. dammit! stupid LAUSD screwed me. My ideology of the american dream was to keep the rich richer. loved that line lol.
@freeworld01111
@freeworld01111 4 жыл бұрын
Is it just me or is it that he actually keeps on repeating himself over the course of his videos without actually offering any new insights? I have seen almost all of the videos on millennial education and honestly I couldn't tell one from the other were it not for the titles. Yes, on some occasions h'e draw or write something to make it look like new information but effectively its the same content just placed differently through the course of the video. Thoughts?
@rommelcruzsager
@rommelcruzsager 4 жыл бұрын
Yes you are right. He doesn't go to specifics, which means he leaves an opportunity for someone to write a better book.. :)
@debraberg4513
@debraberg4513 4 жыл бұрын
I hope at least one young adult or anyone can read this. I was to inherit a house from a dead beat dad who was never in our lives and never paid child support. It would've been the only asset I'd ever have to invest in. Like many college grads, I've been poor with nothing but a little savings. I hustle for a living in an industry that no one ever would go to school for would want to. This house that I "was" to inherit actually belonged to my our uncle who was once a LA doctor right up until he died of a stroke or something of that nature in 2017. In 2018 my father ended up getting stage 4 cancer but was supposed to get all assets from his dead brother since he had no will himself by the time he died in 2017. Our father had no real assets for himself other than a "mortgage." Initially in our father's will my sister was to receive a small trailer in AK that was also owned by our late uncle. I felt bad for her since she was the only one among myself and our mother whoever had any kind of relationship with this guy. I told her I'd share everything with her, she texted back to me "Ok." She would even tell me that "we deserve that money...." In Dec of 2018, I ended up ruminating over feelings over my mother being by herself in taking care of myself and my sister. So...basically in Dec 2018, for some unGodly crazy reason, I cursed and berated my dead beat dad out via text. I didn't even care about my part in the will. In Feb 2019, my father amended his will and thus gave the house to my sister. In Feb 2019, I flew from NYC and went to care for our mother who just got out of back surgery in GA. My sister would then tell me that I was out of our father's will and that I didn't deserve that money. In a few days after my visit, my mother would die in front of me and my nephew a few days later while my sister had been going to FL to see her "daddy" and was about to take a cruise w/ one her daughters. I couldn't effing believe it. My mom was dead. Our father would die exactly a month later. I'd later learn that my sister had my mother sign everything over to her on the day of her surgery 2/7/19...even if my youngest nephew was supposed to inherit one of my mom's properties. My point isn't about having a sociopath for a sister who constantly depended on and manipulated and stole money from our mother and tried to scheme money from a dead beat dad who didn't even like her. My point is: kiss as much butt...even if it's your dead beat parent. For me, I am doomed. I'm doomed to poverty and to death by poverty. It's a pathetic, poor person's mentality as mention by Mr. Kiyosaki, sure....but I am 47 y/o with an OCD that conquered me and gave me this pathetic mentality. I let my issues rule my world, my life and my independence. Young people, take this man's advice: Do whatever you can to become independent (w/o becoming a prostitute or hurting others) and then do what you love later. Second point: DO IT NOW.
@KA-ub4rc
@KA-ub4rc 2 жыл бұрын
Sorry that you lost the house. Don't give up.
@junedkhan-zv6oh
@junedkhan-zv6oh 6 жыл бұрын
Can u please write your speech in description box
@jordyv5421
@jordyv5421 5 жыл бұрын
Income looked like Chinese to me ;) Furthermore great content as always!
@Markus_Abrach_-_marea-Finanz
@Markus_Abrach_-_marea-Finanz 5 жыл бұрын
In my country it is different: earned AND passive have highest taxes (the same level); portfolio is less taxed
@rpena0899
@rpena0899 2 жыл бұрын
That's how it should be. This is literally earned income. It shouldn't be incentived to pay 0 in taxes. He's right about one thing tho. The rich make the rules and when they do they wrote them for their own benefit and screw everyone else
@HansumRob100
@HansumRob100 5 жыл бұрын
I wish I knew this earlier in life...
@Interestingworld4567
@Interestingworld4567 5 жыл бұрын
*_Thank you Robert this helps a ton :-)_*
@1p4142136
@1p4142136 5 жыл бұрын
@00:48 beautiful following eyes
@Blujay188
@Blujay188 5 жыл бұрын
"Exactly"...lol Great information here
@Jahguaar
@Jahguaar 5 жыл бұрын
Knowledge supports growth and freedom.
@abellara9169
@abellara9169 4 жыл бұрын
1 on 1 with Robert K.? What a lucky lady. Well done. 👍👏👏👏
@BellaRose_Music
@BellaRose_Music 5 жыл бұрын
Grateful for all the great videos
@morrismwenda9138
@morrismwenda9138 Жыл бұрын
*Excellent presentation by Robert Kiyosaki* *The lady she's adorable very brilliant, articulate and soft spoken as well*
@PavanMS87
@PavanMS87 6 жыл бұрын
Such a great video, how does one be sure of the idea to start a business? Im simply unable to wrap my head around that , i have many ideas written down. Not sure where to start. Any advice is appreciated. Thanks
@abcdxx1059
@abcdxx1059 6 жыл бұрын
pav_s2003 pavan verify that idea can add value to the people and to you be Crystal clear and judge without bias that it is required then Build a product and verify it by showing it to people they should buy it if they do Start planning about marketing increase product etc
@PavanMS87
@PavanMS87 6 жыл бұрын
Apex Predator this helps. Thanks a lot.
@elmahoufzakaria1915
@elmahoufzakaria1915 5 жыл бұрын
there isnt a certain way or path or idea that will make a big blow, with practice and actuel action you will know what to do next, instead of thinking ahead too much just start from the basics, if it fail you will know why and if it didn't you will know why , i learned that from many fails and now im improving up. dont be afaid just do it, thinking too much will backfire on you
@walterlewis3568
@walterlewis3568 5 жыл бұрын
Thank you for this revelatory video!!!
@tomn1173
@tomn1173 6 жыл бұрын
Good stuff
@gamerzskillz7780
@gamerzskillz7780 4 жыл бұрын
I love this guy. I'm really motivated to making my own real estate business.
@RetroChromebookGamer
@RetroChromebookGamer 6 жыл бұрын
the worst part is, you never hear from the 100s of failed entrepreneurs so your mindset is always skewed
@spencerkraus
@spencerkraus 6 жыл бұрын
Plzdontattack quitters never win, and fighters never give up. Read the story behind Colonel Sanders and KFC if you don't think every person could pursue and succeed in entrepreneurship if they are committed and believe they can. 99% of success is mindset, not ability.
@coriewo7068
@coriewo7068 6 жыл бұрын
hard work pays off, you gotta work hard for what you want
@benjisea
@benjisea 5 жыл бұрын
who knows the actual numbers and success rate, we need charts etc
@insomthegreat
@insomthegreat 5 жыл бұрын
Entrepreneurs don't fail.
@jf8461
@jf8461 5 жыл бұрын
@@coriewo7068: Work SMART, not just hard! A donkey works HARD.
@icarus6492
@icarus6492 5 жыл бұрын
I don't get it. If the government is only taxing the guys who are having "earned income", more people will resort to "passive income". So essentially, less people would be interested to study to become doctors, engineers, scientists, etc. It's like the government is aiming for quick wealth through entrepreneurs without thinking about longevity of the nation as a whole.
@iamcheck.thisout
@iamcheck.thisout 6 жыл бұрын
Thank you very much again and again :) you never disappoint me. thank you for giving us the best lesson in the real world. you is an eyes opener for me and for the rest of the people in the world. I do respect you as one of my father and I wish you have a great time in your life. if there is anything I could do to help you I'm willing to :) or if you have a chance to visit Thailand, I can even be your guide just want to give something good back to you. :) Have a good heart and being inspiration for the rest of us. Best regrads
@smacby
@smacby 5 жыл бұрын
I am glad to connect with you again, ROBERT KIYOSAKI! That i have a registered company today is because of your book Rick Dad, Poor Dad where i learnt that i can be at the other side of the table. Keep it up!
@alexanderproskurin1231
@alexanderproskurin1231 6 жыл бұрын
Thank you for this information
@Lexofeelya
@Lexofeelya 5 жыл бұрын
New perspective on my homeland completely. Ive always listened to my poor folks bitch about the rich and the govt and how its not fair but... whats more fair than a guaranteed wage for those who give minimal effort? While those who take risks and strive harder, can go to work all day and make nothing? Jobs are just starting points. Not ending points. I work for a check. For now. But ill be investing that money into an asset. I will create my own business, I will automate it, and I will quit working for a paycheck. Use ur tools wisely, friends. The universe rewards action, not mediocrity
@Calferr
@Calferr 5 жыл бұрын
Make your money in the big cities and then retire in the country side. Simple.
@mrmarkl328
@mrmarkl328 4 жыл бұрын
Idiot
@buicklincoln
@buicklincoln 5 жыл бұрын
I agree with his point about Krok being in the real estate business...but he also was in the theft business. Ray Krok didn't start McDonalds. He stole the business from the naive McDonalds brothers. I think it's important to teach the whole story not just part of it. Krok could've still been rich or shared fair value of his profits with the McDonalds brothers but didnt'. Integrity should be taught in any business class.
@michaelchesny656
@michaelchesny656 5 жыл бұрын
Thank you, Mr. Kiyosaki.
@bknyte23
@bknyte23 6 жыл бұрын
This is complete truth some will relate and adapt and others will decline and delete.
@louise2172
@louise2172 5 жыл бұрын
I agree with his general approach - assets not liabilities. However, it irritates me that the rich want to avoid paying tax. People don't want to pay tax but expect an ambulance to turn up in an emergency and for the NHS to pay for their health care (UK) and roads maintained, nice parks, bins collected, etc. So who will pay for that if we all try to avoid paying tax? Scandinavian countries pay a lot of tax but they get a lot back out of the system - great maternity pay, free/subsidised education and childcare. They top happiness surveys.
@cyng8198
@cyng8198 5 жыл бұрын
I thought it said, "laconAT."
@AG-rj7xs
@AG-rj7xs 5 жыл бұрын
❤️ alexandra ❤️
@mable90shaynne
@mable90shaynne 5 жыл бұрын
I felt it when he was talking about A students. I was an A student and was so frustrated when I realized that it didn't mean a thing to memorize answers in the real world! I felt so unprepared for life.
@bladelazoe
@bladelazoe 4 жыл бұрын
Exactly, but once you learn to re-program your brain and really understand how the world works and learn through the pains of failing and trying again. Life isn't so bad. The problem is many people don't really wake up to this kind of stuff so they suffer without ever really knowing why they are suffering.
@wisnua.widodo7352
@wisnua.widodo7352 6 жыл бұрын
I love that Girl
@HandTaHandRecords
@HandTaHandRecords 6 жыл бұрын
He said he's 600 Million Dollars in Debt.. does he let it continue keep it at a number in which he can come back from... ? do he let the Debt reach a certain number then file Bankrupt ?
@gnub
@gnub 6 жыл бұрын
Thanks for sharing your mentorship!
@dwightk.schruteiii8454
@dwightk.schruteiii8454 5 жыл бұрын
Whats an entry-level asset someone could get into to begin the snowball effect of passive income?
@14kurtismiller
@14kurtismiller 4 жыл бұрын
Your intellectual properties. I guarantee you either write or have written more than a dozen birthday greetings. Greeting card companies pay for your work. Oatmealstudios.com is one of many. Take that income and research companies that open to a limited partnership deal, a silent investor who will be paid no-quarterly, quarterly or yearly income you don't even have to work for. Take your time and research and please, be ultra patient. Develope the habit of doing this just as most people routinely go out to the bar, restaurants and other places weekly while complaing about not making enough money from that job they hate.
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