Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki


Bad News For The Fed and IRS – Conspiracy of the Rich

Bad News For The Fed and IRS This month, Utah became the first state in the country to legalize gold and silver coins as currency. So what does this mean to you, me, the Fed, IRS, and the world? To understand the significance of Utahs actions, you need to understand the definition of the word currency. As strange as it may seem, governments determine what they think money is. For most of us, money or currency is the paper in our wallets. It only has value because governments have the power to declare paper to be money. In 1933, President Franklin Roosevelt made owning gold illegal. The president declared that money now was paper. The key to this scheme working, is the government only accepts its own paper as money. You cannot pay your taxes with gold or silveronly official government paper. To make sure we only used paper the government imposed a very high capital gains tax of 28% on gold and silver. That means, if you bought gold or silver for lets say $10 and it increased in value by $10, the government would tax you $2.80 for your gains, even if you held the gold or silver for several years. A 28% tax is nearly 100% higher than long-term capital gains tax of 15% in the US. For example, if I bought a stock for $10, held it for a year, and sold it for $20, my tax would be $1.50 on my gains. One reason why I like real estate, better than paper assets or gold and silver, is I can be taxed 0% on my gains. In fact, if I use the tax laws correctly, I receive money back from the government. In other words, rather than be taxed for $10 gains, I often receive additional money, a payment from the government rewarding me for making money. For example, not only do I receive my $10 gain, I receive an additional $2 from the government for doing what the government wants me to do. Please read my latest book Unfair Advantage The Power of Financial Education to better understand how entrepreneurs and real estate investors use the tax law to receive payments from the government. In this book, my tax accountant and Rich Dad Advisor, Tom Wheelwright does a better job of explaining this tax strategy. He explains that real estate is one of the few investments where not only can you legally escape tax on your gains and your cash flow (rents), you can actually receive tax deductions against your other taxable income. So if you have $10 of cash flow from...

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[MUST WATCH] College Conspiracy – NIA Documentary

College education is the largest scam in U.S. history! Share and...

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$6,000 Silver and ONE BANK

The silver markets are rigged. Every day. Every trade. Every option. Every derivative. The silver markets have been rigged since the early 1970’s when Alan Greenspan introduced computer market trading systems to the world beginning the long term commodity market rigging operation. Since that time there has not been a day when the silver markets have been “freely traded”. Nobody, and I mean NOBODY, knows the true “Fair Market Value” of silver! But like all price suppression schemes, the silver manipulation must come to an end and we are on the brink of that moment. The only remaining question should be “What is the true value of silver in terms of money?” First a little background to set the stage. Computer Commodity Trading Beginning in the early 1970’s, computers were introduced to control the order flow in financial markets. Order processing was drastically changed with the New York Stock Exchange’s “designated order turnaround” system (DOT, and later SuperDOT) which routed orders electronically to the proper trading post to be executed manually, and the “opening automated reporting system” (OARS) which aided the specialist in determining the market clearing opening price (SOR; Smart Order Routing). Today we have algorithmic trading, auto trading, algo trading, black-box trading, robo trading…and the list goes on. Algorithmic Trading is widely used by pension funds, mutual funds, and other buy side institutional traders, to divide large trades into several smaller trades in order to manage market impact, and risk. Sell side traders, such as market makers and hedge funds, claim to provide “liquidity to the market”, generating and executing orders automatically. In “high frequency trading” (HFT) computers make the decision to initiate orders based on information that is received electronically, before human traders are even aware of the information. Over the years computers have played an increasingly important role in everything related to our “free and open market system” such that today’s financial markets CANNOT function without computers. The Federal Reserve, US Treasury, Wall Street insiders and the Exchanges were all instrumental in the integration of computers but they also gained access to secret trading information before the order hit the open market. This information coupled with the fastest computers on earth made market manipulation easy. This power, the power to control markets, was too much for anyone to resist. Over time those who were given the official key to the back office operations have used and abused their position to its manipulative fullest. Although some of the time they used this power in an official capacity (for the good of the country), more often than not it was used in an unofficial capacity… for the...

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Money Is Repelled By A Poor Self-Image

When you hold a poor image about you and money, it’s almost impossible to attract enough of it into your life. And even if you have used your talent and enormous energy to earn some big money, a poor image will do everything it can to sabotage your wealth (there are a number of well known athletes and celebrities who are proving this principle right now). Here are some beliefs that are common to those with a poor money image: “I can’t ever seem to get ahead.” “It takes money to make money.” “Most people who have lots of money got lucky.” “I’m not worthy enough to be wealthy.” “I don’t have what it takes to make a lot of money.” “I’ve never been good at managing money.” “To earn more money, you have to sacrifice everything.” And there are many more. I had most of those beliefs myself thirteen or fourteen years ago when I didn’t have any money. So I know they’re very real beliefs for a lot of people. When it comes to money, most people believe it will take a struggle to ever have any. The truth is, as Bob Proctor teaches, “you were born rich.” You literally possess, right this moment, everything you need to be wealthy beyond your imagination. You’re just not conscious (aware) of it right now. I’ve had the great honor to speak on the same stage with Bob a number of times. It’s always very exciting to watch the looks on the faces of the audience as they listen to Bob. People have told me they’ve never heard anyone explain money and wealth the way Bob does. On one occasion I remember an audience member that Bob interrupted as he was describing himself as “hard working.” Bob asked him why he wanted to be “hard working,” because creating wealth has nothing at all to do with working hard. The audience member grew speechless as it dawned on him what Bob was talking about. His response was just as memorable as the gentleman who participated in the first-ever You Were Born Rich Tele-Seminar we did with Bob. He said, ‘For all my life, and I’m pushing 70, I’ve had a poor image as far as money is concerned. I grew up in a very tight home and your seminar has led me to think I can earn five thousand a week. And already things are coming to me just like you said. They’re coming to my mind, how I can begin doing that…” And he wasn’t alone.   Share and...

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Top Ten Faults Made by Financial Advisors and How to Prevent Them

Financial Advisers can have great professions and be real assets to their communities, but they can fall prey to preventable mistakes. Errors 1 through 6 cover ethical concerns and 7 through ten cover business strategy and personal concerns. 1) Making uninformed decisions. In order to eliminate problems, be sure to double check appropriate rates and facts about the product(s) you are offering. 2) Fraudulence In order to stop fraud, go into your appointments with the attitude that you are going to do what is right for the client whether or not you make the sale. 3) Signing an application with fields left blank. Make sure that the application is fully filled out prior to signing it. 4) Asking for a check in the adviser’s name. This should never be done, because premiums or payments from clients belong to the firm under which the agent is employed and should never be intermingled with the adviser’s personal records. 5) Putting unwanted pressure on the customer. Good sales agents can close a sale without using coercion. Always look out for the client’s best interest. 6) Failing to disclose possible issues of an investment product The advisor is always obligated to disclose all elements of a financial product, regardless of whether the client chooses to purchase it. 7) Forgetting to learn Financial advisors should always be learning more about their roles and how to help the community better. Good ways to do this are by studying books and attending conferences. 8 ) Forgetting to seek out new business Even when financial advisors are successful, they should always be making partnerships with potential new customers so that their business will succeed in the long run. Ways to do this are through recommendations and participating in trade shows. 9) Forgetting that a good frame of mind is vital Even when financial advisors are active in seeking out new customers, they must have a can-do attitude that will help support them during dry periods. Ways to foster a good attitude are to read inspirational books and to set aside time to do things they find enjoyable. 10) Neglecting to find a tutor. Financial advisers need a good support system in place, because oftentimes they work on it’s own. A good coach can act as a instructor and a sounding board with whom younger financial advisers can share their joys and worries. Financial agents should contact their supervisors for ideas on how to find a mentor. And also you? What are the top faults made by financial analysts? About the author: Ashley Mulvey contributes articles for financial advisor career path , her hobby blog she uses to...

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Rich Dad Robert Kiyosaki – Biggest Cash Heist

Rich Dad Robert Kiyosaki talks about how financial ignorance takes money away from you, while the rich get richer. Share and...

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Robert Kiyosaki Explains – The Real Value Of The Dollar Gold Silver

Robert Kiyosaki Explains – The Real Value Of The Dollar Gold Silver An all out currency war has begun – governments around the world are devaluing their currencies in order to have cheap exports – and are destroying the middle class. Protect yourself with Gold & Silver – Increase your financial IQ, learn about REAL money for 5000 years – Gold & Silver. Protect yourself and your family from inflation, deflation and any economic situation with Gold & Silver. The biggest wealth transfer in the history has begun – are you positioned to be a winner or a loser? Learn more about starting with Gold & Silver and a global business franchise – Gold coins, gold bars, silver bullion, silver bars Share and...

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Robert Kiyosaki the RICH DAD TV show!

Famous Robert Kiyosaki and his wife Kim talk about MONEY and CASHFLOW! “Why the RICH are getting RICHER !?” Share and...

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Donald Trump & Robert Kiyosaki – The Power of Debt

Two of the world’s toughest financial survivors share their stories and insights on adversity, respect, debt, keys to success, and more. Although they’ve followed distinctly different paths to wealth, Robert Kiyosaki and Donald Trump share a common passion for raising financial literacy around the world. Trump is the consummate deal-maker. Kiyosaki is the consummate educator. Each of these two financial titans has learned in his own way how to turn the lessons of success and failure into a better understanding of money and how it really works. As friends and collaborators in life and business they’ve taken on a shared mission to teach others how to survive and thrive in tough times. Share and...

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Revealing Robert Kiyosaki Predictions For The Future

A book that was in the top 5 positions on the New York Times Bestseller list for 290 straight weeks, with 13 years of success and 28 million copies sold worldwide rarely needs any introduction and Robert Kiyosaki and his motivational book series “Rich Dad Poor Dad” can certainly attest to that. Why not consider advice on obtaining success from a man who was once named on a “30 Entrepreneurs We Most Admire” list? In his groundbreaking book, Kiyosaki touches upon the two most influential persons in his life. They are two men with two totally different attitudes regarding all aspects of finance and success. He describes the positive outlook of one father, and the negative outlook of the other. His “poor” dad had the attitude that “You can’t afford to do this,” and sadly, manifested a life of poverty. The other, his “rich” dad rose to wealth by teaching the proper mindset for success and instilling in him the mantra, “Let’s see how we can make this a possibility for you.” He learned valuable lessons about economic security, self-perception and the power of working for himself from both of his fathers – the rich dad and the poor dad-and what he learned has little to do with college degrees or extensive education. Quite simply, Kiyosaki tells us that opening our minds to the right questions can open our lives up to unlimited possibilities. Working for yourself will help you retire comfortably because when you believe and invest in yourself, you have more power and control over your future. Kiyosaki knows this from life experience and continues to document his path to success throughout his best-selling books, DVDs, games and seminars. Robert Kiyosaki explores the powerful life lessons he received from his “rich” dad. This was the father who taught him financial freedom and showed him first-hand how to make his money work for him, so that he didn’t have to work so hard for his money. This dad showed him step-by-step how to exponentially increase wealth by becoming a business owner, rather than working for someone else at a job (just over broke) that would never get him ahead financially. Kiyosaki demonstrates how you can do less work and make more money and how wealth is accessible to us all. He and mega-mogul Donald Trump are huge proponents of direct sales and network marketing opportunities as a great start to an entrepreneurial career and building a business that will be around long after we are gone – something we can pass on to our children for generations to come. When you make the decision to start your own...

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