Robert Kiyosaki talks about Financial IQ

[IcePrincess619]

He's Right! . My father was right!

[interkoby]

Koby kamhaji

Las instituciones financieras tienen dos objetivos 1) traer ganancias a la compañía 2) tráele ganancias al inversionista ,, que pasa cuando estos dos objetivos se cruzan una con el otro ,,por supuesto que van a preferir traerle ganancias a su compañía aun que sea a cuesta del propio inversionista.

Es hora que protejamos ( parte de ) nuestro capital en inversiones tangibles ,, es hora de invertir en,, Diamantes

[TheKuroky]

I thought an asset as an accounting term is defined as anything you own that has value regardless if it generates income or not. Does Robert know something I don't?

[sab628]

@TheKuroky It's a semantic difference. Robert has a different definition of an asset, the same way that "hard" can mean a hard rock or a hard cock

[cheeriosinabowl]

Never trust anybody wearing a pin striped suit !

Yet another financial guru.

[LeadAttraction]

You & I Have Infinite Potential - Rich Resources Are

Within Us!

[Majestic2050]

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[DBTNVideo]

If you like the book "Rich Dad, Poor Dad," you will also like the book "MONEY: Make, Manage, & Multiply It!" if you want some practical advice on getting ahead with your personal finances. You can find it on Amazon.

[DBTNVideo]

Mr Kiyosaki is obviously a polished speaker. In this video clip he makes good observations about how you can build your income - the ESBI diagram is excellent for that point. You typically do better working for yourself than working for someone else, and you do even better when others work for you (and/or if your invested money works for you). Mr, K will have a technical problem with accountants about his description of assets and liabilities. His portrayal of them is philosophical.

[ExpandYourBiz]

Thanks for posting this video, great post. Robert's genius is in taking a complex subject and presenting it simply. The method is not for everyone, but he puts it out there for those that might be interested. Cheers!

[randomIy]

The only thing he is, is a crafty schemer. In one of his booklets he claims he started researching into network marketing in 1994 after getting rich from his wallet company. The truth? His wallet company became bankrupt and he started in networking marketing (aka pyramid schemes) in 1980's. Want to know another funny lie? Kiyosaki has been pressing that Rich Dad was a real person in order to keep his book in non-fiction. Then in 2003, he gave up and compared Rich Dad to harry potter!

[MegaAvalonn]

An example of using a house as an asset is to pay a huge down payment into the house, say about half, then you're only paying half the mortgage per month. Then you charge the regular mortgage +10-20%. Another idea is to buy a house for yourself, but have it split into a duplex, where you charge rent on the other half. Finally, you can just use the stock market for real estate. Determine what developer companies primarily build in cities where the market prices always seem to raise. 

[knowthe3Ms]

started reading his books when I was still in grade school and Kiyosaki inspired me to get involved in a program that is changing my life. See my channel for details.

[knowthe3Ms]

good stuff

[3rdEyeSpeaks]

so an asset is always something that can be sold? is it always a product or service? the house could be rented or sold.

[dddreamchaserrr]

@3rdEyeSpeaks the answer is yes and no... Asset is defined more to whether it will bring in money or cost you money. It can be a product, information or a book.

a house can be an asset but only when its positively geared and making money after all expenses.

Many people rent out a house but still have put more money in to cover the difference in the loan repayment and income from rent. Many accountant will classify that as a loss and then claim it on tax deductions.

[89Bossi]

xie xie



[voleyballforlife]

Brilliant man

[TheBrotherMouzone]

Where can I find (or buy) the whole video??

[dddreamchaserrr]

@TheBrotherMouzone, this video was from the success symposium magazine. You can try and ask them for a copy or I will try and upload in two parts. Its got some great stuff in it

[TheBrotherMouzone]

@dddreamchaserrr Yes, I mean if you already have the whole thing, maybe you can upload it in two parts? Probably easiest right?

[dddreamchaserrr]

@TheBrotherMouzone yeah, i will give it a go sometime in the next couple of days.

[rhoieyee]

mike you got it wrong.. it's just that people who build more until PHD tends to stay on it since they have earn those over some period of time, so chances are they end up working for somebody who is almost all instance that somebody was once upon a time a school drop-out and an academic failure.. its a proven fact right?

[lslinger]

wow only 7000 people have seen this video, poor people :(

[mikeraper1]

people who have been very bad at school & stuff become rich and who did well at school become poor ??????????'

jajajajajaja

[dddreamchaserrr]

@mikeraper1

Were you even listening to the video????

its about understanding finance and cashflow, it didn't indicate that you have to be bad at school to be rich. It talks about being educated to understand business and cashflow.

[JTMarlin8]

LOL is your name really Mike Raper? No wonder you're poor.

[packleader87]

I love that suit.

[josoriop85]

I want to be very rich

[2submit]

so do i watch motivational by brian tracy les brown and zigziglar hre in you tube and do what their doing

[Lingerfoot]

Where can I buy this on dvd? Robert Kiyosaki = awesome!

[2submit]

@Lingerfoot i dont know sorry i guest search their sites

[dddreamchaserrr]

@Lingerfoot sorry for late reply, I will try upload full video in two parts. this was from the success mag symposium over a year ago. it came with the mag, has some great stuff in it. Its a mag worth subscribing to.

[dddreamchaserrr]

knowledge is not power; applied knowledge with clear vision and direction is power. Thats what all these people can help you with.

[NanUFabiola]

NICE