Like you, I was taught to go to school, get a job, buy a house, save money, and invest in a diverse portfolio of stocks, bonds, and mutual funds.
My real dad, my poor dad, instilled these values into me. He was highly educated and the head of the Hawaiian school system.
Yet, each night, I remember watching my mom and dad argue about how they were going to make ends meet. I can still vividly see my dad at the dining table, a pile of receipts in front of him, with his head in his hands. He was defeated financially.
Yet, he still believed what he was knew about money was good advice for me.
I asked, "How could what he knew about money be right for me, when it was wrong for him?"
My best friend's dad, my rich dad, had different ideas about money.
He taught me that: Schools train you to be an employee, not rich A house is a liability, not an asset Savers are losers Investing in only one asset class, paper assets, isn't diversification
He had no formal education but was extremely rich, owning many hotels in and plantations in Hawaii.
I asked, "What is it that I don't know about money?"
Robert Kiyosaki
Very blunt spoken, which is good. Now to buy your books, no need. What you said on this 12 minute post is enough to be educated. By the way, the rich will find that all their wealth will no longer be theirs but taken by the poor desperate mob when the shit hits the fan. The smartest thing is, make sure you have property somewhere remote. Don't broadcast yourself thus making you a target for the mob to destroy you. Next, be prepared to work hard to just get everyday things.
jmitterii2 1 month ago
@JackDaniel321 why are you happy about only 11000 clicks?
xtcvsop 2 months ago
i am so happy that this vid has just 11000 clicks :)
JackDaniel321 2 months ago
Lot of talking and nothing comes out of it.. You have to buy his books, to then buy his $200 board game, to then get a $500 seminar, so he can sell you $45 000 seminar at the end, so that the only person that gets rich is him. Nice
ugljessrb 2 months ago
Very good Video!!
robfraser33 2 months ago
Take control
tweet4ramcage 2 months ago
Very educative. Thanks for sharing such great information.
Panter4 3 months ago
YAWN hear all this stuff before someone else by someone better!
cr5291 3 months ago
Dear Mr. Yazaki,
great presentation, i am sure there are solutions to this, We need a new banking system
all the best
GW
gottliebkeller 5 months ago