Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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Robert Kiyosaki the RICH DAD TV show!
Dec28

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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[VIDEO] Mike Maloney and Max Keiser on Deflation, Gold, Silver and China
Dec24

[VIDEO] Mike Maloney and Max Keiser on Deflation, Gold, Silver and China

Mike Maloney interviewed by Max Keiser on The Keiser Report. Mike Maloney is the author of the “Rich Dad’s guide to investing in Gold and Silver” and has a lot of knowledge on economic history. Mike talks about the banking system and how they create and expand the money supply via fractional loaning. He explains the future and the debt crisis and how it will boost gold and silver. In his book he describes “The Biggest Wealth Transfer in The History of Man Kind”. You can become extremely wealth during times of economic turmoil… If you know how! Let me teach you how to build a steady and regular portfolio of Gold & Silver and earn monthly income from helping others do the same! Visit http://www.youniquerichdad.com/ to learn more about me and the opportunity to build great wealth during our times. Please subscribe and leave your comments about the video! Share and...

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How Inflation Makes Saving Money Almost Pointless
Dec01

How Inflation Makes Saving Money Almost Pointless

Image by Getty Images via @daylife One of the most dangerous lies in all of finance and economics is the implied myth that inflation somehow “destroys” wealth. It doesn’t. Inflation doesn’t hurt everyone equally — inflation helps some and hurts others. Inflation is actually one of the biggest reasons large corporations are so powerful in society. The government and big banks use inflation to force people to spend their money and go into as much debt as they can afford. But how does it all work? Before we answer that, let’s first look at a parable. Some things are best learned in a story format, and inflation is one of those. The Saver and the Slave: An Inflation Story There were once two men who were neighbors. Their names were “Jack” and “John”. Jack was a saver. He spent his entire life saving every penny he could get his hands on. He saved money with coupons, saved money by buying stuff only in off-seasons, saved money by spending as little as he could, etc. He was a saver. By the time he was 45, he had saved exactly $100,000. John was a spender. He spent every dime he ever earned. Back in his 20s, he even took out a $100,000 loan, and bought two houses with it. He never used coupons, never looked at prices before buying anything, and wore nicer clothes. During this time, inflation started to hit in. Inflation was fairly high. By the time Jack and John were 45, inflation destroyed 90% of the value of the US dollar. For Jack, this was disastrous. He spent his whole life saving $100,000, and suddenly it was worth only 10% of what it should have been worth. This means that rather than having 100k it was as though he only had 10k. Not enough to even buy a house. For John, this was perfect. He spent his whole life spending his money, so he didn’t see his money lose value. He took out a 100k loan, but his loan was only like he had a 10k loan now — and he still has two houses. John ended up selling one house, paying off the loan, and walking away with a free house, and 90k. Inflation Destroys Debt and Dollars Inflation doesn’t destroy wealth — inflation destroys dollars. This means if you’re in debt, inflation makes your debt less and less. If inflation is 10%, it’s like your debt is getting 10% smaller every year. If you’re a saver, inflation makes your savings 10% smaller every year. Every year people in debt see their net worth increase because of inflation....

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Conspiracy of the Rich: The 8 New Rules of Money
Nov30

Conspiracy of the Rich: The 8 New Rules of Money

Conspiracy of the Rich is a new book in development by Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, that has traditionally bucked convention and undoubtedly will yet again with this new work in progress. In this book he challenges conventional wisdom about finance, and teaches readers how to adapt to money’s new rules in today’s economic turmoil. Rich Dad’s Conspiracy of the Rich: The 8 New Rules of Money Share and...

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Robert Kiyosaki – The Cone of Learning
Nov28

Robert Kiyosaki – The Cone of Learning

It’s Time To Get Smarter With Your Money. “…It’s become even clearer to me that what Robert talks about and teaches is more important than ever. Financial education is crucial to this country at this point, and Robert’s acumen in this area cannot be disputed.” – Donald J. Trump Robert Kiyosaki interview Share and...

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Donald Trump & Robert Kiyosaki – The Power of Debt
Nov28

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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Robert Kiyosaki – Live Interviews
Nov28

Robert Kiyosaki – Live Interviews

This is a montage of Robert Kiyosaki appearing on; CNN, KTLA, TODAY, The Early Show, FOX News and many others. He talks about debt, education, predictions, and also talks with Donald Trump. Robert Kiyosaki and Donald Trump – Why We Want You to be Rich: Two Men – One Message Why We Want You to be Rich: Two Men – One Message Share and...

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Robert Kiyosaki – Buy or Sell Gold?
Nov18

Robert Kiyosaki – Buy or Sell Gold?

Image by hto2008 via Flickr Buy or Sell Gold? The latest Wall Street Journal is filled with stories about financial planners advising clients to either sell their gold or not buy anymore. Naturally, you’re probably asking, “Should I buy or sell gold?” My answer is that it depends. My gold buying career began in 1972 while I was a pilot in Vietnam, when gold was about $85 an ounce. When it passed $750 an ounce from 1979 to 1980, I was forced to sell, not because I wanted to, but because I needed to pay off some bills. In the 1980’s, when Kim and I were flat broke, we bought a little gold and a little silver on a regular basis. When gold dropped below $400 on its way down from $850, I bought gold at $400, thinking it was a good price. Then it dropped to $375. I felt stupid, saying to myself, “I should have waited.” So, I bought at $375 and it dropped again. Still feeling stupid, I bought more gold. When gold went below $300 around the year 2000, I bought as much as I could afford. In 1996, with gold and silver so low in price, a group of investors and me purchased a silver mine in South America and a gold mine in China. We nearly went broke bringing both mines to market in Canada. The silver mine was sold to another silver company and the Chinese gold mind went public through an IPO on the Canadian Exchange. I regret selling that silver mine. I should’ve held on to it but the cash was tight and the offer too good to refuse. In 2000, Rich Dad Poor Dad was still a self-published, obscure book. We had no income from the book or our games. Oprah hadn’t called yet to get me on her program. Our primary investments at the time were larger apartment houses and one commercial property. Cash was tight in 2000, but with gold and silver at such low prices, we cut corners on food and luxuries and bought as many gold and silver coins we could afford. In 2001, after Rich Dad Poor Dad took off, Ron Insana interviewed me on the financial TV channel, CNBC. He asked me what I was investing in and I told him gold. He thought gold was a strange investment but listened to my arguments politely. Generally, paper asset investors like Ron Insana, don’t invest in gold, silver, or real estate. If they do invest in hard assets, they invest via paper assets through gold mining shares, ETFs (Exchange Traded Funds), and REITs (Real...

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World Bank President Calls for New Gold Standard!
Nov10

World Bank President Calls for New Gold Standard!

Image via Wikipedia On Sunday, World Bank President Robert Zoellick wrote a remarkable article in the Financial Times of London. He called for a renegotiation of the global monetary order and – incredibly – the introduction of a new gold standard. In response, gold broke $1,400/oz on Monday. This is a tremendous breakthrough for gold investors. For the head of the World Bank to make such a statement is unheard of in modern times. Among top bureaucrats and their economist friends in academia, the gold standard has always been a taboo – mostly because it prevents governments from using the “inflation tax” to finance military expeditions and entitlement programs. So, for such a high-ranking official to publicly express support for gold-backed currency, the dollar system must be nearing its end. In fact, since the Fed’s announcement last week of a new round of stimulus using $600 billion freshly printed dollars, world leaders from Brasilia to Tokyo have been protesting like never before. This may be remembered as the moment the world rose up and said, “enough!” While Zoellick danced around the edges of calling for a true gold standard, I believe that the transition is already taking place. Investors and foreign central banks are re-monetizing gold as they move their savings out of the dollar. In Zoellick’s words: “Although textbooks may view gold as the old money, markets are using gold as an alternative monetary asset today.” That’s why gold is breaking one record after another, and will continue to do so for the foreseeable future. If gold were officially remonetized, the price would have to be about 47 times higher to pair central bank holdings with the assets of the global banking system (according to 2008 estimates from the McKinsey Global Institute). To look at it another way, central banks would be in the market for about 42.6 million ounces of gold to back up all the fiat money in circulation. Martin Wolf, columnist for the FT, asserted that a new gold standard “would generate huge windfall gains to holders of gold.” It has only been since 1971 that the world money system has functioned without a gold-backing. I believe this experiment is rapidly coming to a close. Commentators are right when they say there is no currency ready to take the dollar’s place as the global reserve – but there is a metal with a great track record that has been waiting patiently in the bullpen. It is hard say when the Fed’s monetary Ponzi scheme will fall apart, but many of its biggest “investors” are wisening up. I strongly recommend preparing for a dollar collapse before...

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Revealing Robert Kiyosaki Predictions For The Future
Nov03

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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