The United States Economic Recession: Robert Kiyosaki Responds on October 9, 2008

[sarasotafl]

Will the electric n water be turned off when the dollar crashes????

[MegaAvalonn]

My experiences with network marketing have hardly been glorious. I've only lost money attempting network marketing. The problem with network marketing is so many people are in it online that the market is completely saturated. There are millions and millions of people selling your same crap. Because the online market is saturated, you're left with the local market. Halifax, Nova Scotia is an incredibly poor market for selling anything. People are cheap here. They love Wal-Marts...

[bordkrijt]

Thanks USA for the recession, we all thank you..

[RichieRich5196]

If you not trying to make money in Network Marketing you are crazy. Learn how I generate money with Brian McCoy Marketing System

[RichDadClubsRussia]

Приглашаем к сотрудничеству капиталистов для развития «Real Rich Dad in Russia».

[GSDebunked]

why is gofall getting flagged as spam and comments removed.. seems like a good contributor

[1988rogers]

curious...the japanese arent known for ripping people off. Its usually the chinese or indians who preach the ''great pie in the sky'' gospel on how to get rich. dateline realy exposed this guy.

[SUPERMANfromMETROPOL]

the future is predictable.

it is better to know what´s gonna happen

than to wonder what happened !

[GavinStephensonTv]

Good Job, Keep Up The Good Work.

Have Fun Making The Next Vid, Keep in Touch

Gavin Stephenson

Chase Me Marketing & Consultancy

[Sucessful4life]

Thanks so much for the tip about Marc Hrisko and that FREE $47 ebook .  I had a little trouble at first finding it but eventually did at MarcHrisko*com. Thanks again!!!

[djking2d]

So if he became the next Asian president, who was the first Asian president?

[hairyhoff]

I'm a student almost finished my final year, im gonna be a s***load in debt about 20 or 30.000 pounds, i have my next (and final) £3000 installment coming soon, should i buy gold with it? is the pound gonna collapse? the euro too? this bailout is making things a THOUSAND times worse, i mean great depression bad but with hyper inflation too!

my degree is in animation and i doubt that when times are bad ther will be a market for my work either, in other words: 'am i screwed?' lol

[plabudotcom]

Remember RULE #1 is to acquire Assets. You sound like you're actually on the right path. Debt IS the way to get rich. The key to it all is to use the corporation to take on the debt. Plus there is many other forms of debt vehicles you may have never even thought of... What you may want to do is put the $3000 as a down payment on a business that does well during a depression. Or yes, maybe even Gold or Silver is best. My prediction is the economy WILL collapse but something will replace it

[REALLYIMAGINARY]

great wisdom

[plabudotcom]

Yeah man, we're in for some rough times. If you haven't read real economics before, I have an introduction to austrian economics in my learning center page on plabudotcom. I would just go a head and read through that and you will know 20x more than even a Rich Dad student. The only problem with Rich Dad books is it does not point you to which class of economics to study. If you don't know any better, you're going to end up reading Keynesian. Austrian is the way to go!

[MRSketch09]

@plabudotcom

I gave you a thumbs up because you mentioned Austrian economics.

[REALLYIMAGINARY]

thanks

[liammateer]

after reading rich dad poor dad it gave me the courage to sell my house when everyone tried to talk me out of it(your house is an asset)(house prices only go up)etc . I invested all the money in gold and silver and have made a 20 percent profit already and gold is just hotting up, real estate is dead for 2-3 years yet. the bell market in comodities has just begun GOOD LUCK FOLKS

[khaymen1]

1) its not about luck but about skill. Skill in being able to read financial statements so you know if you will get positive cashflow from a property or not.

2) Right now I don't own my own house but rent an apartment. and I think the important point is sure the apartment value itself has went down but my rent went up. So look for those rental properties that will bring you positive cashflow. My company just bought 3 this week.

3) Remember that "crash" is just another word for "Sale"

[djking2d]

Robert labels luck as an acronym:

Laboring

Under

Correct

Knowledge

This is in his cd series that my dad got about 18 months ago for going to one of the Cashflow seminars. It was a ton of fun, and at 17 (the youngest person in the room), I was the first person out of the rat race in the room on the last day of the seminar, and only my table had everyone get out.

I put the cd's on my ipod, and now I listen to them all the time. He, Brian Tracy, and Zig Ziglar are amazing

[beerbrook]

so how much money have you made from listening to his cds

[djking2d]

its none of your damn business how much money I've made by learning from him. if it was your business, my account would be public knowledge.

[beerbrook]

seeing as you are so negative here i can make a good guess you didn't make very much if any at all. By the way i am curious nothing personal

[djking2d]

go ask someone else you don't know to tell you how much they've made. not many want to share how much money they have.

[djking2d]

i apologize for snapping, but one has to wonder why a stranger would want to know how much a person has made. Its not something that people ask all the time, and I don't feel the need to share my financial situation right now. I am secure enough not to tell everyone.

[beerbrook]

I guess i can ask it another way. Does it work? Can the system make you money , is it better than a 9-5 job that provides no job security.

I have had experience and things have been said such as pyramid scheme, so i want to know what works

[djking2d]

Yes, it does work. You have to really learn about it before you act, but it can work. Its not going to be easy, if you choose to go forward. There will be times that you will want to quit, and think its a bunch of crap, but he admits he's been broke several times, and now he is on Donald Trumps level. That is persistence, knowledge, and action put together. Remember this: If it was easy, everyone would be doing it. Its not about what you do, but why you do it.

[djking2d]

when you have a big enough reason to succeed, then you will make it. there will be mistakes, but it is worth it.

this also isn't a pyramin scheme. He gives you some knowledge and places to get more knowledge. That's what he gives, not a formula. If you wan to be secure or financially free, go for it. I am way ahead of my peers, while in college.

[gofall]

i tottaly agree with djking2d on everything. will it change your opinion if a total stranger on the internet tells u how much money he makes? also if you seriously want to start something make sure you ask the RIGHT people. if u think those are on the internet you are wrong.

[upcycle]

beerbrook, your question is not answerable IMHO. Or it is not answerable in a way that u seem to be seeking. Kiyosaki provides information that can spurn ideas and creativity that can help people achieve financial freedom. Here is an example, in 1 of his programs he explains in details what a financial statement is. Most people, IMHO, don't know what that is. That alone would not be enough 2 "make you money", but it is one of many things that are critical 4 those wanting 2 be financially free.

[usana54321]

i make 600 dlls a week i work 3 day´s 3 hours in network marketing ! !

[DIJV79]

Kiyosaki cannot tell how to make money if you get a strong enough why you will get the how, I've started with taking classes in business and accounting why because you learn the laws the laws are the rules if you don't know the rules you can't play bottom line.

[1988rogers]

i have heard that kyosaki has ties to quick star and amway. i wouldnt spend a penny on his stuff....why would anyone spend money on a philosphy that teaches you to fail?

[upcycle]

your question not answerable in the way you are asking. Say you were driving to an address but were having trouble getting their, you pull out your gps and look for destination on the map. And supposing Kiyosaki is someone that helped u understand how to use the GPS. Then someone asked you how much money his teaching made you. And perhaps Kiyosaki is one of several people that contributed information on understanding the GPS.

[upcycle]

I also like Tony Robbins, Bob Proctor, Napoleon Hill, Wallace Wattles, Robert Allen, Clement Stone, Dan Kennedy, John Maxwell, Timothy Ferriss, Harv Eker, Jim Rohn, Rich Dad Advisor's like Sharon Lechter and her husband, among others.

[khaymen1]

Also, look at stocks that payout a dividend. I own a bund of stocks like this and the price of the stock itself goes way up and down but the dividend it pays out stays relatively the same.

Then take those dividends or the positive cashflow from your rental properties then you can buy more gold and silver.

cool

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[Mongodelight]

sb is chewing on some mushrooms haha

[theYESmovie]

Thank you for your leadership and posting this. Very eye opening.

[HotLeadTool]

Awsome interview! Thanks for putting this up. Keep up the leadership.