Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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2014 – Helicopter Money is Coming! Jim Rickards, Currency War Update

PARTIAL TRANSCRIPT: FutureMoneyTrends.com: Greetings and thank you for joining us at FutureMoneyTrends.com. I’m here at the Casey Summit with Jim Rickards. He’s the author of Currency Wars. He has a new book coming out as well. What is it called? James Rickards: It’s called The Death of Money: The Coming Collapse of the International Monetary System. It’ll be out in April; April 8th is the publication date. I finished writing it about a month ago and we’re in editing. It’s a funny thing, Dan. We live in a world of what I call instant digital gratification, whether it’s YouTube or Twitter, everybody wants to put everything out there immediately, but a book is still an old-fashioned process. It takes a year to write it and edit it and bind it, so it’ll be out in April and I’ll be talking more about it between now and then. FutureMoneyTrends.com: It should be very interesting because I’m sure some of your analysis will have either been proven right or proven wrong in the book, am I right? James Rickards: Well, that’s right, I mean it is forward-looking, so I say a lot of things in the book that I will be looking over in the years ahead, but sure. It’s something coming out in six months, it’ll be a good test to see how things play out. We’ll see if they play out as expected. That’s exactly right. FutureMoneyTrends.com: I’ve always wondered in the dollar crisis scenario if right on the cusp of the market just melting down and going crazy that Obama and whatever Fed chairman of that time, say, next to him and they’re instituting a gold standard. Do you think it’s possible that they, right before a major crisis is about to happen, they come in and switch the currency? James Rickards: I don’t think so. I think there are several scenarios: one is that we get to a gold standard by design. In other words, people look at the system and they say that it really is not sustainable, it really is based on confidence, but we’re in the process of eroding confidence. There is no exit from quantitative easing. We should say there’s no good exit. You can back away from it, but then you’ll implode the economy in a deflationary crash. Or you can keep going and eventually cause a loss of confidence in the dollar and then have a hyper-inflationary crash, so you got a crash either way. One looks like the Great Depression, one looks like the late ’70s but worse. Those are the only two paths, but there’s no other path. There’s...

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Silver & Gold – Hidden Secrets Of Money 4 – The Biggest Scam In The History Of Mankind (In 7 Easy Steps)

You are about to learn one of the biggest secrets in the history of the world…it’s a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn’t quite right with the world economy, but few know what it is. Gone are the days where a family can survive on just one paycheck…every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today. The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years… Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world…because it will change the system . For this is the biggest Hidden Secret Of Money. Never in human history have so many been plundered by so few, and it’s all accomplished through this…The Biggest Scam In The History Of Mankind. Share and...

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Robert Kiyosaki Interview – How you will survive the financial crisis? (21.08.2012)

Robert Kiyosaki Interview with Willi Morant 21.08.2012 – This Video can change your Life forever. How you will survive the financial crisis? Rich or poor? The answer you find here and what you can do to be on the winning side of life! Share and...

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MAX KEISER: Debt Zombie Students

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the potholes in the economy causing young people to go deeply into debt for education, property and retirement. In the second half, Max talks to Iona Bain of youngmoneyblog.co.uk about students debts in the UK and the merits of raising interest rates in order to encourage savings. Share and...

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Robert Kiyosaki – Protect and Cover Your ASSets with Corporations and Entities

Robert explains the importance for protecting your assets with corporations and why the wealthy have nothing in their name – Their house, cars and other financial instruments are held safely within corporations that offer protection against litigation. Share and...

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Glenn Beck sits down with Robert Kiyosaki

Glenn Beck sits down with Robert Kiyosaki, of Rich Dad Poor Dad, and many other mega financial book best sellers. They talk about cash flow, the 5 G’s, Gold, Guns, Grub, Ground, Gas. They also discussed the future of America if the Constitution will survive, possibility of a 2nd Civil War…Very uplifting! But very informational. Share and...

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Who Took My Money – Robert Kiyosaki Audio book

People either love Kiyosaki or think he’s a charlatan. This isn’t his best book but its a solid addition to the series. I’d rank 3rd below “Rich dad, Poor Dad” and “Cashflow Quadrant”. More than in any other of his books he gets into HOW to get rich. But this isn’t the best part of the book. The best part is the first part which explains why 401Ks can be lousy investments. I started contributing to a a tax deferred annuity seven years ago. I noticed that seven years late there is LESS money in it than I contributed to it. Ditto for my pension fund. Kiyosaki goes over the reasons 401Ks and similar deferred accounts may not be good investments: 1) They aren’t guaranteed. 2) a 5% or 10% return is actually pretty lousy. 3) 401Ks are TAX DEFERRED, which means you actually pay MORE taxes when you retire, assuming you made money. 4) The standard lines about the stock market going up an average of (insert %) per year is a sales pitch. Some companies go out of business and the Dow can flatline for a decade or more. Kiyosaki then explains a phenomenon which even his detractors have to admit is true: people tend to think 401Ks and mutual funds are SAFER investments than business and real estate. Try going to your bank and asking for a 100k loan to buy a piece of income-producing real estate. If you have good credit the answer will likely be “yes”. Now try borrowing 100k to buy a mutual fund. The bank’s answer will be laughter. That’s because mutual funds are DANGEROUS! Kiyosaki’s answer is to start your own business, use the proceeds to invest in income producing real estate and invest the cash flow into paper and other assets. This is the same as what Warren Buffet does. It’s not easy but in the long run its safer and potentially more profitable. Now, I wouldn’t recommend anyone to stop contributing to a 401K. Especially novice investors in their early 20s. But for people who already own their own business or a piece of income producing real estate, this book gives you a lot more options. Another fascinating thing he points out that’s true: workers stealing money from themselves. I’ve been reading the financial pages for this week (June 6, 2005) and read the news that GM will lay off 25,000 workers. The stock, of course, jumped up in anticipation of higher earnings. A large number of those workers probably have some of their 401K money invested in GM. So their retirement money will be determined by the stock...

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Robert Kiyosaki & Kim Kiyosaki on stage – Lessons from Rich Dad Poor Dad

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 the world needs more entrepreneurs. 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. Share and...

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Robert Kiyosaki – I Don’t Trust the Financial System, But I Do Trust Gold!

Financial expert Robert Kiyosaki points out, “The rich are getting richer than ever before, but the middle class is shrinking . . . . Both Obama and Romney promised to save them, and when politicians promise to save your butt, you know your butt is gone.” Kiyosaki, author of the mega best seller, “Rich Dad/Poor Dad,” goes on to say, “If you trust Obama or the Republicans or the Democrats, then you don’t need to buy gold. But I don’t trust them. I don’t trust Bernanke. I don’t trust the financial system, but I do trust gold. So, it’s not in God I trust, it’s in gold I trust.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Robert Kiyosaki Share and...

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Mike Maloney on the Fed’s Gold Trap and the End of the Dollar

Here’s what’s in your Prime Interest today: The London Whale has escaped the prosecutorial net! Bruno Iksil– the JP Morgan Chase trader who earned himself the nickname after a six billion dollar trading loss last year– is off the fishing hook, so to speak. He reached an agreement with US authorities yesterday. So, it looks like the mainstream media successfully floated his freedom. But now it seems federal authorities have other fish to fry. Today they moved up the food chain, charging Iskil’s former boss with wire fraud and a conspiracy to falsify records. The decision not to go after Mr. Iksill may prove important to the case, as it is likely he will be used as a witness for the prosecution. Let’s see how far they can swim upstream. And don’t break out your taper hats just yet. A sequester squabble could put a damper on the Fed’s plan to wind down QE. According to economists at Bank of America and Barclays, the risk of a government shutdown this October may delay any tapering moves, especially if Fed officials are on the fence. And if you are in Jim Rickard’s camp, who believes the Fed will taper in September or never, then QEternity may just become a QReality. Bob talks about the unprecedented expansion in base money with Mike Maloney, founder of GoldSilver.com and creator of the Hidden Secrets of Money. Plus, billionaire activist investor Carl Ichan is at it again. This time he is snapping up Apples, rather than nutrition supplements. He has taken a large position in the tech company and is pressing for a greater return of cash to shareholders. Ichan’s plan is for 150 billion in Apple stock buybacks. However, most of the company’s cash is held overseas– remember that little issue? Looks like Apple’s Irish tax scheme might not be so tasty to the dietary supplement King. Perianne profiles the mega-Ichan. Finally Bob talks to RT Correspondent Meghan Lopez about a recent drone conference — where no one was actually allowed to say the word “drone.” Share and...

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