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515,395 Views • Oct 31, 2023 • Click to toggle off description
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Robert T. Kiyosaki is an American businessman, investor, and best-selling author. One of his most popular books is “Rich Dad Poor Dad” and it’s a great educational tool on the way to financial freedom. Kiyosaki is well known for revealing the truth about money and finances that they don’t teach in any school.
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Views : 515,395
Genre: Education
Date of upload: Oct 31, 2023 ^^
Rating : 4.66 (792/8,516 LTDR)
RYD date created : 2024-04-27T08:40:16.578961Z
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YouTube Comments - 1,355 Comments
Top Comments of this video!! :3
I’m way too tired to prepare, my entire life on this earth has been nothing but recessions, wars, crashes, pandemics. This is honestly unfortunately not even phasing me. I’m not even 30 yet and I’m exhausted mentally,physically and spiritually. I am starting to already not care, if it all crashes and burns I’ll just say ok and move on because right now I’m in survival mode and my brain is like nope. I can’t be the only one feeling like this.
1.2K |
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favourable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
1.3K |
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
1.3K |
In these turbulent times, understanding how to effectively handle finances, make astute investments, and navigate economic challenges is paramount. Yet, my primary concern lies in augmenting my stagnant reserve of $240k, which has remained dormant for an extended period without any significant gains. While I'm dedicated to a long-term strategy, the persistent threat of inflation depleting my savings and the continuous decline of my portfolio necessitate urgent action and resolution.
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Im not worrying about something thats beyond my control. Just keep calm and carry on
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Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $300k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?
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The next economic catastrophe will be worse because we cannot afford to bail it out like we did the last time. Last time, it should have been worse, and honestly, it wasn't as horrible as it should have been. Furthermore, those who default on their debts will be people with good credit scores and loans with higher interest rates, making the situation much frightening in many ways. Furthermore, we now have inflation depreciating the dollar and markets, when we didn't back then (apart from high gas prices).
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It is not about making or losing money. It is about living. This world has never been easy. You cant buy happiness. Wake up ppl...Those who make millions, lose health or love or get hit differently. Money isnt an answer and not a shield. Use your skills wisely. Skills are way more important than savings. Skills will always help you survive. So, keep your mind and body in a good shape, travel the world, be happy, educate yourself daily, read good books, listen to awesome music, grow spiritually...thats what its all about! No one lives forever. So, dont let them scary you. Enjoy your life ❤
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Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
929 |
If you are properly prepared and knowledgeable, every crash/collapse/inflation or recession gives an equal market opportunity. I've seen folks amass up to $800,000 throughout crises and even do it with ease in a terrible economy. Without a doubt, someone has become enormously wealthy as a result of the crash.
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Ya know what pisses me off, when these people all say the same thing, "I said this, I said that and look, it's happening." Yeah, they all knew but did nothing to help stop it or help others prepare for it. They're all psychics predicting the future but you're on your own. Good luck. This is how humanity has changed. It's no longer we need to help each other out it's we need to help ourselves. Greed has destroyed this planet, greed has destroyed humanity. Greed is the real problem period.
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The best insurance is to own your own house on a few acres outside of town, no debt, have a few acres to grow food, good job or biz, keep the family close & weather the storm.
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The only survivers will be the ones who are used to "making due" the ones who are out of the cities growing their own food. The ones who know how to manage without the grid. The humble will thrive
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I have never been a "saver". My world-view was cemented after my mother (who was an OBSESSIVE saver) died prematurely 3 months before my 12th birthday. She never got to spend/enjoy any of her hard-earned money. I vowed then never to do that. So I always spent my money freely and enjoyed it when I was young. It was a lot more fun going on nice trips when I could bend over and get up off the ground quickly and easily without it hurting. When I could thoroughly enjoy having fun with my then young child. I still don't save and I'll turn sixty soon. The felicity of life is at the top end of the lower station in life where neither riches nor poverty cause you worry of any kind. My faith in God is strong and I am wealthy in spirit. Whatever happens, happens. Economic crash/Famine/Disease? God is real and life is eternal. I follow Him. ❤
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They said the same thing in the 1990s in 2000 and 2008! I just want to live and let live until the wheels fall off!
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I am homeless, glad i don't have kids in such an evil world with so many immoral people and in my financial situation..
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In every crisis, there is an opportunity," as the saying goes. The 2024 recession, while challenging, presents unique avenues to amass wealth. First, it's essential to remember Warren Buffet's advice: "Be fearful when others are greedy, and greedy when others are fearful." During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.
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Thank you so much for talking about how bleak our economy has become. This government has made life more difficult for its residents. We've seen major increases across the board for rent, food and utilities; they are at least twice as high as a year and half ago. This hyperinflation has left the less haves bearing the brunt of the burden. I'm concerned that my entire $986k retirement portfolio is plummeting. Where else can we invest our money?
219 |
This guy is a great motivational speaker. I always hear from him the crash is coming, now you are not going to make it in 2025, and the world is going to end.
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