We are $2 Billion in Debt, Here’s What Banks Don't Want You Know about Money

[@KenMcElroy]

If you want to support the channel, please share this video with someone you think would benefit. It would really help us out. Thank you!

[@andrewgrahamtaylor]

Done and done.

[@Ankete_Gradjana]

if you lend money agains an real estate asset HOW do you use that money if not in your business? how do you buy your self stuff that has to go trough accounting and not in your pocket directly , nobody speaks of that .. how do you pay out your self if not a salary ? please explain that sometime.. thanks

[@VenturaIT]

so the jet is an asset or liability, you just called it an asset... is that due to the tax rightoffs? you still have to pay for it which might make it a liability

[@JuliusKhoo]

Why does billionaire need help XDXDXD

[@johnj2496]

Ying and yang To have winners there must be loosers. Even the treasurery. They can just print money so whos the looser. And one holding the same money they print

[@Hannahbenowitz]

It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.

[@bartlyAD]

Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.

[@PennyBergeron-os4ch]

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

[@HildaBennet]

Well, I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is the individual who helped you, and is he or she still around?

[@PennyBergeron-os4ch]

Google DIANA CASTEEL LYNCH and do your own research. She has portfolio management down to a science

[@HildaBennet]

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

[@PremSteve-yg4de]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@fresnaygermain8180]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@belobelonce35]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@yolanderiche7476]

Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?

[@belobelonce35]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with REBECCA NASSAR DUNNE for the last five years or so, and her returns have been pretty much amazing.

[@valeriepierre9778]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@FlorentGulliver]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

[@FlorentGulliver]

@NancyBetty-x That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@FernandoBowen-78]

@NancyBetty-x The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

[@FlorentGulliver]

@NancyBetty-x I will give this a look, thanks a bunch for sharing.

[@integr8er66]

Understand that the crooked system is the government printing money to hand out as if that was equal to productivity

[@lag5492]

This whole convo was fake ⚠️⚠️⚠️

[@wjthehomebuilder]

'Rich Dad Poor Dad' was the first book I read on the subject. Now 20 years later, I'm a 'home builder' but real estate is my business! Thanks Robert!

[@amitkawatra]

Have a question to you, should I buy a home if home loan is 8.5%, rental yield is 2%, tax rebate is 1.5% and appreciation is 6%

[@andytan911]

​@amitkawatra first question you should ask yourself is whether you can afford it without affecting your quality of life. Second question you should ask yourself is why not buy the s&p500 index fund

[@Earlysport]

@@andytan911you think you can achieve without affecting your quality of life? Life would be higher quality if we didn’t work right? The word investment specifically means to grow in the future. Work now, sacrifice some, and enjoy later. This video is such basic stuff I’m amazed so many commenters don’t get it.

[@shelleycurrie764]

at the end of the day, you are simply in a lot of debt, you are not worth 2 billion US $, the only bit of profit that you do have is if you sell your assets at a profit, and keep the profit that you make (less tax).

[@andytan911]

@Earlysport oh, I think you missed the point. There is something in this world known as work life balance. In HK, no matter how much money you make as a working class or even middle class, you end up spending your whole life being a slave to the property developers Based on statistics, they need to save almost 16 years to be able to make the down-payment for their first property. More than half of their monthly income goes into paying the bank Installments, and you can imagine what kind of quality they are going through, nothing to be envious. Don't get fooled by these scammers thinking you can be that 1%

[@Sammytiny]

I’ve always been an advocate of investing because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially over the past 2 years instead of having my money lie idle in the bank.

[@Roymysterio]

Not everyone is as lucky as you are. How are you able to do it?

[@Sammytiny]

Luck is way off the picture. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $21k spread across stocks (options and futures) for the short term and Roth IRA, index funds, cryptocurrency and ETFs, for the long term. Now with over 91k in roi, I sit back and just reinvest at intervals while I handle my other businesses.

[@Freddylone]

That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

[@Christensend]

I clocked 47 a couple of days ago and I take this to be a sign to put my finances in order. Can he help me?

[@Sammytiny]

Hermanw jonas that’s his gmail okay

[@0xsoul930]

we just restart our security service company after being knocked down since COVID-19. We are currently in $800k debt to be able to restart operations and get access to our equipment. You just have to do what you got to do. I really believe in my mission. I will never regret this and I’m tryna build a good relationship with my lender for future purposes 🥰

[@JesusLeee-i9r]

Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.

[@LUCIASMITH-d1z]

ideally, you should consider financial planning to get the best results with your money, notwithstanding economy situation

[@richardhudson1243]

- Well agreed, I'm quite lucky exposed to finance at early age, started job at 19, purchased first home at 28, got married shortly afterwards to raise kids early. Going forward, got laid-off at 40 amid covid '19 outbreak, immediately consulted with an advisor in order to stay afloat and after subsequent investments, I'm barely 25% short of $1m ballpark goal as of today.

[@JacobsErick-u8r]

Would you please let me know how I might use their service to get in touch with this particular advisor? You seem to know everything, unlike the rest of us.

[@richardhudson1243]

Melissa Terri Swayne a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@Vincent-j8u]

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

[@MikeW-t6l]

Just finished "Forbidden Laws of Wealth" by Victor Hayes, and I’m shocked nobody is talking about it. Methods in this book are next level, it needs more attention!

[@meditim2032]

I got it, truly a good book

[@daletrade5178]

this BS "METHODS" of theirs, only works in countries where bank interest rates are very very low. OBVIOUSLY !

[@blueibabygirl07]

Sounds interesting ❤

[@DevendraSingh-uu6hb]

The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

[@xARTi5Tx]

Thanks bot 🤖

[@micheal_mills]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@Robert_Seaman]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@donna_martins]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@Trevor_Morrow_LTD]

To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

[@donna_martins]

Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@Trevor_Morrow_LTD]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@rethinkrich]

The borrower is slave to the lender.~Proverbs 22:7 (KJV)

[@Teddymosquedabeaudoin-mr1jo]

sad truth, I need to pray on this one. Kind of been the story of my life.

[@AXV81]

My tenants pay for that debt I just enjoy the cash flow

[@stevo0]

🙏🏼

[@safetrades4133]

100%

[@airviper6]

@@Teddymosquedabeaudoin-mr1joit doesn’t have to be a truth.

[@MarcelinaMakowski]

This year I want to use earning calls to help with my strategy on companies I want to invest in. However, I don't understand them. I am always lost and have no clue what they are discussing I lose interest after 20-30 minutes and not gaining much insight.

[@BEAUTIFULDIANAFRANCIS]

In my opinion focus on two key objectives. Learn when to sell stocks to minimize losses and maximize gains to start protecting yourself. Second, prepare to make money when the market turns around. I advise speaking with a broker or financial counselor will be much better .

[@OliverTilney]

I see no reason for stressing yourself over these things when you can get a financial advisor. A financial advisor can help you determine if dividend investing is a good fit for your financial goals and can help you develop a strategy. They can also help you consider your risk tolerance, liquidity needs, and short- and long-term goals. Consulting a financial advisor can be especially helpful if you're new to buying and selling individual dividend stocks. You can also ask your advisor questions about reinvesting your dividends.

[@LeslieWagenheim]

Cynthia Alexandra McClure is the licensed fiduciary I use for guidance . I do not think self-investing worth is worth it from my experence . Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest fees and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.

[@NicholasFerdinand-it4lv]

A wise saying about investing according to my Friend who is a CFA is to be Patient and Think Long-Term. She said, “The stock market is a device to transfer money from the impatient to the patient.”

[@ChrisDERUNNER]

Thanks for sharing. I curiously searched for Cynthia full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@E.GCreates]

Million dollar advice? Invest early, invest often, stay invested. Buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, U.S. is about 50%, remainder on the globe is 47%. Pay yourself first. It's time in the market, not timing the market. i stay on top of the market with my FA. Bulls and bears make money, but pigs get slaughtered. - some wise words -

[@AdamsFerguson]

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you that you talk so highly about?

[@E.GCreates]

Dianne Sarah Olson

[@AdamsFerguson]

Thanks for the tip, i just looked her up. She seems very wealthy. She must know a lot about investing

[@Clancysoucie]

Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.

[@Thomas.Bolleiro]

Would you agree that in 10-15 years there won't be such thing a money transaction? Considering that all jobs will be robotisized

[@springkicks2372]

Thanks!

[@MagarethWoods]

Honestly our government has no idea how people are suffering these days. I much feel sorry for the disabled and homeless people who don't get the help they deserve, Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@MeaganGood-yn9wp]

You are absolutely right 💯

[@MeaganGood-yn9wp]

Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?

[@MagarethWoods]

Cryptocurrency investment, but you will need a professional guide on that.

[@MagarethWoods]

Facebook 👇

[@MagarethWoods]

Evelyn C. Sanders

[@SIVANHPANYATHONG]

Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!

[@vangweu3154]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement

[@นิลันเดขนุช]

she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.

[@Cynthiamorgan-m9y]

I'm definitely gonna check her out. Do yo have any idea if she manages family fund?

[@baiboo7771]

As a single mom working with Olivia Sullivan financials really gave me an assurance that i could get out of debts

[@AguoluStephanie]

You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me, not until I meet Olivia Sullivan

[@crazyteck93]

Great Video.... The current global economy remains challenging, with central banks maintaining higher interest rates to combat inflation, creating tighter lending conditions and slowing consumer and corporate spending. This environment is pressuring sectors like housing, retail, and stocks, while rising unemployment remains a concern. Diversified portfolios, including stocks and alternative assets like cryptocurrencies, are essential for managing risk and volatility, alongside balanced trading strategies. Personally, I’ve grown my portfolio from $130k to $732k in just a few months, thanks to Michele Braid's exceptional expertise and traditional trading acumen, which have been invaluable in navigating this ever-evolving market.videos...

[@crazyteck93]

her full bio is on the web showcasing her expertise

[@lloydcampbell55]

Thanks for sharing this here. A lot of beginners Like me are smashed out there every day. It's a good thing we have nice people here who want others to become successful as they are.

[@Traciemillete]

I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her strategies continuously delivers.

[@scottarmstrong14]

Thanks a lot for sharing, I just looked her up and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@Ervincastro67]

Her technical analysis are great. her interpretation/projections of the market have been accurate, Michele Braid is one of the best trader I know to follow for advise and daily signals and you won't regret it

[@Erikkurilla01]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@jessicasquire]

'Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@PajinakStanovska]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@PajinakStanovska]

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.

[@futonfave]

How to have mo money via real estate assets That is the game here. A big kids adult grown up game of Monopoly. Each to his own. Yeah it might be nice to have six residential rentals or an apartment building with a positive cash flow....but it was never my destiny because I did not want it. I never thought of being wealthy as a goal. I'm content Mind is peaceful. Family is happy. Kids in college. House paid off. No car loans. Life is good.

[@dr.hero18]

Not everyone needs 1 billion dollars , being able to go anywhere and eat anything you want is enough for me

[@aFreeman0409]

Less rethoric and more hands on examples please. Example: In the 80's, I found a piece of commercial real estate in a small town. Husband and wife divorcing so - FIRE SALE! Purchased the building 20% below market under 500k. Did some quick BRRR and refinanced to RETURN the 20% DP plus about 10% back (put in contingency for future R&M at the time), so NOTHING DOWN now. Then setup 6 tennants on 5 year leases totaling 90K a year. Returned 35k a year net cash flow (not even counting tax benefits; just straight cash on cash) for NOTHING. STILL OWN THE BUILDING!

[@cluberic]

sadly this is not possible today.

[@aFreeman0409]

@@cluberic Sure it is. Commercial R/E will plummet and it will be possible again.

[@budala1969]

@@aFreeman0409 So not today.

[@jamesrecknor6752]

@@aFreeman0409 San Francrapo joins the chat on plummeting/and public pooping

[@geraldlofton]

I paid all my commercial debt in 60months

[@Goldsilver]

See you at Limitless, looking forward to it.

[@christopherkirwan7999]

Thank you Gentlemen for your knowledge, blessings to you all.

[@hugofx0055]

Merci beaucoup Mlle Elyna, vidéo très intéressante et toutes vos informations sont légitimes

[@TyesonHaremza]

Je suis favorisé financièrement, merci Jésus, bénéfice hebdomadaire de 32 000 $, quelle que soit la gravité de l'économie.

[@Chlo352]

Merci à Mme Elyna..

[@Chlo352]

Elle est une courtier agréée ici aux États-Unis

[@Bianca-gz4mj]

OUI!!! C'est exactement son nom (Elyna ), tant de gens l'ont fortement recommandée et je commence tout juste avec elle 😊 de Brisbane en Australie🇦🇺

[@kwnawnnjElodie]

@certifiedelyna11

[@paulbrungardt9823]

After being born poor & married to an even poorer womNan 44 years ago. I put myself through university & then Doctor of Optometry degrees. Our children have all graduated university & we have given them down payments for houses. Net worth about 11 million--Mostly in real estate assets.--we are have a charity in Central America for blind children for higher education. I don't want to have any more money and our kids, they don't feel entitled. We are mostly sending our cash flow to help future generations of disabled kids.---Is something wrong with me ?-- I have more than I ever spend. Giving to grateful future educated disabled kids makes us happy. However, I hate when government forcefully confiscates my earnings to distribute to perpetual parasites on give away programs. Love to all from Colorado & Panama,

[@VTOutdoorServices]

Following Ken is one of the reasons my mindset has changed as an entrepreneur. I look forward to the videos. It's a classic example of hang out with the right people. Hang out with losers and addicts, you become an addict. Hang out with successful people and you automatically up your personal game. These videos are like hanging out with Ken. Good advice, good mindset, and you didn't have to ask.

[@andytan911]

So are you rich yet?

[@VTOutdoorServices]

@@andytan911 I've been watching his vids for about 4 months now. I was already an entrepreneur prior to discovering the content. It has helped change my mindset and begin to position myself better for success.

[@andytan911]

@@VTOutdoorServices which means you haven't got rich

[@TylerRylance]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@froggey5689]

These guys are smart. Filming videos during downtime on a jet to earn even more passive income.

[@ArturoM.Dykstra-55]

Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?

[@jeffDwyer1]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $310k stock portfolio.

[@Jpoteete]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@Aarrenrhonda3]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 75 cash earning 5.25 interest, 685k in roth ira, 120k in 401k, Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.

[@wmwoods-l4f]

Can you share details of your advis0r? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@Aarrenrhonda3]

Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@wmwoods-l4f]

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

[@arboradvising6291]

Two of my favorite people. Ken McElroy and Robert Kiyosaki talking about how to use other people's money and debt to create cashflow and tax benefits. Thank you for the great content. I will share with on my socials.

[@TooTRUEtoBeG00D]

So taking advantage of other people is worthy of sharing for you? Can you explain why?

[@paulhefferan1785]

Funnily enough Kiyosaki didn’t even write Rich Dad Poor Dad another woman wrote it then he did her over.

[@orhbo0]

@@paulhefferan1785ghost writer?

[@Finallast574]

That's how criminals defraud and betrayal the system, now gloating on it by leveraging more an more while goading more idiots to invest into their schemes

[@Finallast574]

Comment deleted?

[@ShechemIntegrativeLife]

Keep it coming guys, I learned about “Rich Dad, Poor dad,” in Amway.20 years ago. I don’t have a college degree and have been on disability for 10 years but have managed to be friends with 2 people running for congress, multi millionaires, CEO’s of healthcare systems, former NFL players, Rock stars, and pitching and raising investment funding for Sudan Kava Bar my LLC to over 25 multi millionaires. I’ve lost lots of money from law suits, inheritance, but it’s because I believed what the masses were telling me. Get student loans, be poor and enjoy living off the government. I learned, iron sharpens iron, and “You can if you think you can,” Vincent Norman People. Now I’m rich. 🦁🙌🐾🐾

[@stanleykubon6481]

They are on the smoothest flight ever , no shaking or bouncing

[@georgebametejnr6722]

Two, successful man and I've learned a lot from Kiyosaki. But regarding borrowing, people seem to forget that 0 is bigger -2 Billion. The stress of owing is always way worse than the stress of having nothing and owing nothing.

[@edheldude]

Stress is internal and self-generated. I'd personally have billions of leveraged assets than be broke with no cashflow.

[@Rockafella1861]

Hey! I saw Robert at the Trump event yesterday. We were in the same VIP section next to Kari Lake and Sherif Joe. Ive been listening to you guys for years, so I was really happy to see him there.

[@ricomajestic]

So you sat with the losers!

[@anianait]

Freedom > money ; small but sufficient money with freedom >>> lot money but you are partially owned by others. It's OK to be in debt in a very limited of time, but not all of your life ...

[@DrCyrilClearance]

Hello, I want to start investing, but I'm unsure where to start. Do you have any advice or contacts for assistance?

[@lionserra9161]

I have studied economics, and i have to say that the explanation (the text) at 0:20 is really good.

[@bruceduckett87]

Knowledge is Power! Much Respect to Both of You!!

[@LeeRCGaS]

plot twist: the plane never left the ground, they just made the video and added a sound byte

[@harryrobot851]

Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.

[@Cryptonian2024]

Lot of good points... However you dont just walk in the bank ask for a 200K loan to buy a property (maybe to rent it) and you walk out with the money. Banks want guarantees to lend you money.

[@tradermunky1998]

The game is all about controlling assets.

[@ravencoin_premium_admin_assets]

Our unique RENMINBI ravencoin token has entered the chat

[@timharbert7145]

So, thanks for adding to inflation?

[@Danny-fs1hk]

I first saw both of you on stage back in 2001. Love to see you on the jet now.

[@francisonyige9618]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million

[@annelie718]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.

[@Straightshooterx71x]

Oh goody 😂😂

[@icebergx3141]

What do you invest in ?

[@J.woltz48]

Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.

[@fromthebirchwood]

well said, in my opinion, times are crazy now, hence everyone needs a sort of financial planning in order to thrive forward. ideally, investment advisors are the best reps for getting the job done

[@AnongJoe]

9:24From $10K to $110K that's the minimum range of profit return every week I think it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@TaoSamrong]

Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and :nvesting with her has been amazing.

[@anilhettiarachci8467]

Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

[@FreyaFreya3]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement

[@TaoSamrong]

​@@FreyaFreya3She's Sarah Jennine Davis

[@TaoSamrong]

+156

[@TaoSamrong]

1759

[@JohnReavesLive]

So I’m not 100% sure how this showed up on my recommended, but first I’d like to say thank you, this is great advice and I learned a ton. But second I’d like to say for less than $500 you can get really solid on the go mics that will improve your content immensely.

[@robertgibson2326]

With financial activities related to real estate, the objective is to manage debt rather than completely eradicate it. Having invested and developed real estate for 29 years, I can say with absolute certainty strategic debt progresses the industry. Any newcomer to the industry should familiarize themselves with the obvious distinctions between consumer and commercial debt. Real estate investors, developers, and builders generally hold substantial commercial debt (not consumer debt) Commerical real-estate financing typically involves non-recourse measures as the property/project serves as collateral. Additional financing is generally secured via lenders willing to accept a second and sometime third position against the collateral.

[@jeremiahfoley0311]

Well done good insight thank you own down rentals finishing my first development on to next one

[@alejandrovidal7535]

The cleverest guys in the country. And they are proud of it.

[@rooibos3857]

If you are in debt, you are not free. I am debt free and I sleep like a baby. This fact is so simple and it will not change regardless of how many videos you make with fake smiley faces to promote debt.

[@OuweDibbes]

Well... me after trying to be like them. I never doing that again😂. Not that it won't work. I'm just not the right kind of person for this sh&t. I rather work and sleep like a baby (like you say).

[@rasher6290]

I've lots of debt,,,I sleep great,,,zero fucks given!

[@damirzanne]

what they’re actually talking about is investing, buy something on credit, and then use other people to pay for it … pretty simple … exm. I sold my Mercedes, bought 3 other cars and resold them making profit, and using profit to pay off my new Porsche , I keep buying and selling cars , and using profit I made to pay for my new Porsche, until at the end, I still have money I invested originally, and I have a Porsche that’s now paid off using other people’s money, so at the end, I got me a free Porsche… they just do it on bigger scale tho …

[@ntme9]

@@damirzanne "I keep buying and selling cars" "so at the end, I got me a free Porsche" No.. that would be like saying "I worked as a car salesman so at the end I got me a free Porsche"... you didn't get a free Porsche because it took time and effort to buy and sell the other cars for a profit (that's called labor).

[@aidenkearney1902]

@@damirzanneGood job!

[@charlessmith3733]

If you only have just under $20K in income, the bank is going to say "Your Debt to Income Ratio is too High" loan denyed. Simple this is why people get denied mortgages and loans. Elsewise paying off that debt isn't going to work with too little debt because the return will be too low. I tried twice to get a mortgage by NFCU and USAA they did not give me a mortgage or a Bussness loan because my income was too small.

[@blendzlyphe9998]

This is a lifetime of information in just 10 min great work..

[@KalimJha]

Life time teaching : one way street towards disaster, you need to be able to see the darkness behind these smiling faces

[@ryane1606]

Been homeless with my entire family for a year in hotels but I didn't give up. Just a while ago I was able to obtain a loan. The Sloan was it to buy an asset but it was smart. I used the loan to pay off debt while having only 100 payment each month. Instead of 500 to 1000. And now my dad's paid I have a good standing loan. And I have a low income to debt ratio because it goes by month. Now I just need to make a few more moves I can finally buy me a home

[@Princess-ws2yt]

My name is AVA I’m 9 years old this channel has taught me a lot about investing in the future!!

[@vangelisgru7271]

9 years old. Channel is 12 years old.. a family hand me down ?

[@GeneralAstridWanKenobi]

👍🏻

[@weekendhack.whatsnext]

It is good to see Robert here. I actually participated in an event he filmed in Phoenix about 20 years ago. My thoughts about money were mostly formed from my readings of Robert Kiyosaki and Dave Ramsey. Somewhat polar opposites but I have done well with it. I allow myself to use some debt but mostly for things that eventually make me money. I have built a few businesses but real estate has been my most lucrative investment so far.

[@christinajones7319]

Great video, Mr. Ken & Mr. Robert! I hope to meet you guys one day. I bought all y'all books and follow you guys. Thank you!

[@RWalker69]

I enjoy listening.. keeps me inspired thanks for sharing!💯🔥

[@peterkachingwe8811]

You can tell how robert is so cautious with everything by how he got his sitbelt on lol 😂😂😂😂

[@C783H]

He was a pilot. As a pilot I can assure you it is best to always keep your seatbelt on.

[@goatedking6465]

2 Goats in one video, these guys have been put on this earth by God for a reason, both their books have changed the way i look at money and it has made me a lot of it

[@eliestapia91]

It’s not over yet

[@Sirtainty]

Good stuff! 😊

[@melissalopez3794]

Gr8 seeing ur friendship is going strong..guess it has a lot to do with trust😊

[@stevieKtube]

Using debt to build wealth is fine. As long as you realize you are starting a business and giving yourself a part time job. It's a lot of work and having debt and payments due can be stressful. Not to mention all the other things that come with it. Insurance, taxes, repairs, maintenance, vacancy, property managers. Yes, you have to manage the property managers. If everything works as planned, you can create positive cash flow. If it does not go as planned, you may end up pulling money out of your own pocket. It all depends on your willingness to hustle. It isn't for everybody. That being said. I do recommend keeping a close eye on your credit score. Take on some loans when you are young. Don't get over leveraged. Don't let your realtor or banker figure out how much to borrow. Figure it out yourself. ✊

[@skghtufir]

Debt leverage is good if you know what you are doing.

[@starguy2718]

Knowledge is power.

[@joetristen993]

I think the bottom line is discipline. You have to stay focused and want it. The Dave Ramsey method only works if you buckle down and focused on it and then keep the ball rolling. Buying a house is stressful for most people, the whole process you have to go through to buy and they don’t want to deal with it again any time soon. Yet of you push through, buy a second house, get it rented out, then onto the next house and so forth. Does it happen overnight, no! you have to work at it. Fight like heck for it today, so you can kick back and relax tomorrow.

[@fudogwhisperer3590]

When this bubble pops, I want to be in as little debt as possible and own as many cash flowing and inflation proof assets as possible. After this rug pull I'll think about getting into debt again. I did have some land, made money from it, sold it in this bubble and bought gold and silver I also had a classic truck, made money from that due to a bubble, I sold and did the same. I should be set in this next downturn to take those assets that have appreciated in 5 years and buy into the depreciating housing market for nice cash flow.

[@JasonISF]

Smart man. If you look at the price of gold and silver and compare it to inflation and the stock market, over decades they both are still cheap and silver would have to be the best value physical asset on the planet right now. When this current stock/property bubble pops, people will be scrambling for it like birds around a piece of road kill.

[@austinsworld1820]

These guys act smart when in reality they were very lucky a few times and could get these massive loans when everything was on fire sale. Most of us could not. Now if you do the same thing as they did with high interest loans you would be bankrupt very fast. Also they don't talk about how you get cash flow and no it's not from buying real estate as you can't get a loan to get these.

[@mjsimmons134]

You haven’t read the books 🤔 Put in some time and effort.

[@teddy9752]

Gold silver good luck Worst than holding cash

[@noelcgordo]

What if I borrow money from the bank or a car van loan and use this van in a delivery on your own, is it good investment?

[@IPOMarketWatch]

Have you guys ever heard of a fake jet rental at L.A.? Just to pretend you are in a real one, so to impress? 😂

[@KerimBorchaev]

Is it possible to rent a more roomy jet? It's painful to watch a billionare to lean away from the wall for the whole video.

[@Sadgittarius]

I struggle to try and understand. I “half” get it. It’s just mind bending trying to learn a new definition for something that was already “learned” 20 years ago.

[@BriannaJonnnes]

Great video!. I'm looking to start investing in the stock or forex market with $60k this quarter. How can i go about this Market? Preferably want the route with the best return in investment. Thanks!

[@psychoticpebble]

By saving your money and spending time with your family. Robert is a con man, made his money by selling a book, that is all. Hes no financial genius and this video is a great way to tell.

[@dimitriosfreedom9282]

Unfortunately in a place like Australia there is no such thing as positive cash flow real estate or fixed rate loans. Most loans are variable rate so when rates rise investors are in deep trouble.

[@Joseph-xt2qg]

Landlord tenant laws are terrible for small landlords with limited cashflow

[@sinamen516]

Go to a red state

[@tbone5654]

Interesting how they both have different risk assessments. One puts on a seat belt, the other does not.

[@mattb383]

Two MLM master right there!

[@DayaMcCarthy]

why do you say that?

[@kantamaslewis7574]

2 of my favorite rich dads 🤗. I’m a big fan of both.

[@dannyhantx]

"How to become a billionaire?" "Go billions into debt."

[@brunomanco7529]

Thats why real estate is the best to grow. Better than a family owned retail company. My personal preference is summer vacation rentals/airbnbs. Less hassle than normal renting

[@thehighway3695]

Yup. These guys are paper billionaires. Dig deep enough and they owe everybody. They can owe you too just go to the next conference and "invest" with them

[@andonis9870]

This bloke was buying realestate when it was 1 $10 and the capital growth he has seen will never be experienced by my young children. For realestate to see the same growth the average income would have to he 1 Mil a year

[@ittfcapital680]

😂😂😂😂

[@ittfcapital680]

And then make people pay 10k a seminar to pay back the debts 😂

[@JustinTurnerman]

Thanks guys for the information. Best advice is from guys like you who have been there done that.

[@JayyKilz]

Love seeing you two in a video. Semper Fi.

[@ke0kie]

Right, also known as leverage. That's a weapon that very few can use. It will crush most people. Of course using debt is "wise" if you invest correctly, but by FAR most of the population have absolutley NO BUSINESS leveraging themselves to make a profit.

[@gb8518]

Huge surprise on air Great video

[@johnmoniger3008]

Robert is a great teacher

[@blairakana9984]

They’re not telling us anything that we don’t already know.

[@daddysmith1376]

interesting video that… i was always educated by my grandfather that if you don’t have the money in your pocket you can’t buy it… i’ve always paid outright for things and yes might not of got these things straight away but i’m dept free… i sleep well knowing that no one can take things from me. my kids will benefit from my hard toil….i congratulate people who can play the system but i know i won’t sleep well knowing that im in dept… best of luck though.

[@robertcorleone9077]

Glad you’re all doing well. But, the system doesn’t work that well if everyone is doing it. So, what you’re doing here is making examples of yourselves and why we need change.

[@JohnnyHtoo-xi1gb]

how can you pay back for debt for cost $2 bi?

[@BinuDauti]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...

[@IbrahimIsabella-00]

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...

[@BinuDauti]

@@IbrahimIsabella-00 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*..

[@IbrahimIsabella-00]

@@BinuDauti Oh please I’d love that. Thanks!

[@BinuDauti]

*MARGARET MOLLI ALVEY*

[@BinuDauti]

Lookup with her name on the webpage.

[@danielbuckman2727]

I've got a question, what happens if the banks absorbs losses on bad investments of half a trillion dollars of other people's money?

[@tapantera]

Who does your taxes?

[@leonhenry4861]

It’s a nigerian prince who does it.

[@dice268926]

So should I start a LLC and takeout a loan to buy a Jet and let the bank take it back keep the money to invest in other assets?

[@AverageAmerican-m2m]

Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproducible approach from anyone who have build wealth. I have saved up $190k to get started.

[@BrianMattews-i7t]

My success was largely based off of a single, simple approach (portfolio Management) but remember, investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals.

[@Too-old-Forthischet]

At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.

[@AlbertGReene-p8w]

think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation

[@Too-old-Forthischet]

I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Amber Kay Wright" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.

[@billclinton-f8n]

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

[@JaronSmalls]

Thank you so much for this 🙏🏾

[@metrix1860]

Thank you both. You gentlemans are inspiration and I personally appreciate your work in educating others including myself. You don't have to do that, yet you spend your time for no reward. GOD BLESS YOU!!!

[@InventiveFilms]

Where I live (Bay Area) it’s not that simple. 1. You need 20 percent cash to buy a home. Which is $140k for a $700k home (a standard 3bed 2bath.) 2. At the moment homes aren’t cash flow positive. I think this thinking is from the perspective of someone who already has a lot of money. If you’re just getting started, this philosophy doesn’t apply.

[@nathanyoung7598]

Love the vidoes from the jet!!!! Thank you🤗

[@BorossAngkor]

Great advice!! Thanks.

[@YinusaSaheed]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@ЕленаФирсова-ц6м]

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

[@ЕленаФирсова-ц6м]

@@YinusaSaheed Oh please I’d love that. Thanks!

[@YinusaSaheed]

*MARGARET MOLLI ALVEY*

[@YinusaSaheed]

Lookup with her name on the webpage.

[@ЕленаФирсова-ц6м]

@@YinusaSaheed Great , i will do that now . Thanks for sharing

[@qaiserqureshi4024]

THESE TWO ARE GOD GIFTED PEOPLE. IN THE YEAR 2020 I STARTED IN REAL ESTATE BY FOLLOWING THEIR TEACHING - TILL NOW I HAVE DONE GREAT AND WILL DO GREAT IN THE FUTURE AS WELL. THANKS TO KEN AND ROBERT

[@AnthonyJustice-i9x]

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.

[@jadewashington7]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@mikesnoek]

I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

[@chaz4610]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@caryn-o3e]

I'm new at this, please how can I reach her?

[@mirchimome]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading