Robert Kiyosaki has a sit down with Patrick Bet-David to talk the economy, the coming market crash and how to prepare for it. Order Who Stole My Pension amzn.to/2R5W9Th
I'm almost 40. I became disabled and lost my career at age 30. I'm now in poverty and on SSDI. Growing up in poverty, I never learned about finance. I have a now worthless occupational therapy degree. I have been searching for information on how to get off of SSDI with my current poor health. I NEED to learn how to become financially independent with my expensive health conditions. I would appreciate any advice for people like myself.
@@dystoniaify I'm not sure what to offer you outside of my prayers. Do you own your own home? Leveraging against your house in a couple of months from now could make you some great money. If not get an oz of gold and hope it goes to 10k, if $1600 is a pipe dream put what you can each week into silver coins to hedge against inflation. God bless.
Pat gets shocked throughout the interview,because he has a mafioso/CIO mindset with a big warm heart ♥ and he gets confronted with how the world works in the next higher league. Pat don't worry do much. Sure that's how the world works up there with those guys, but so what? Once people like you, me and similar minded accend to this league we will be able to change the rules of the game. Till then: keep calm and enjoy the show 🦁
At some point Robert kept dodging a question that the average viewer is here for but Patrick kept repeating it until we got a solid answer. Thank you Patrick for not just ignoring it like so many others would. You really are brilliant in these interviews. Looking forward to the next one as usual.
Shad get a job that isn’t sensitive to economic cycles. Something that people always need. Restaurants are an example of something to avoid - when times are tough people eat out less.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
At 19:30 min Robert specifically mentions gold. How is this not clear investment advice? Please explain... That is a specific answer as clear as day. I don't get why TH-cam commenters are unable to understand what Robert Kyiosaki is saying.
I’ve noticed this consistently and I’m perplexed as to why other people never seem to pick up on that. He says virtually nothing.. gives no applicable practical instruction.... none.
The reason I like Patrick's interviews is that he constantly challenges his guest by asking questions regular people want to know. Keep up the great work Pat 🙌
@Grays you are right he didnt say jack shit or give us any actionable suggestions. But if you read some of Robert's books and have seen some of his other interviews, Robert is always selling something. In this case he beats around the bush when asked about a specific subject and always recites to a story within one of his books which of course he knows well. We may not like it but they guy is clever he is selling the whole time and like any good sales person he is not giving any nuggets away for free but directing you to where you can get them.
He does but i really wish his formula for interviewing would change, He always follows the same pattern: "what kind of person where you as a child", "how where you raised ie: beliefs etc" Don't get me wrong i understand why he does it but part of being a journalist is extracting information from the interviewee in a subtle way that transitions easily; Not sounding like a job interview.
With Market tumbling, Inflation Soaring, Is the stock market actually getting better or could this be the regular new year market manipulation to entice new investors? I'm currently sitting on $500k inheritance and just wondering what better assets than stocks to invest in right now
You need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
The decision on when to pick an Adviser is a very personal one. I take guidance from ''Rachel Sarah Parrish'' to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns.
the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
@@notarealnarwhalofficially8908 could be worth could invest upon some specialists presentation, could fall for other BBS presenters, motivational speakers included
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.
@@kelvinlee1572 most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
@@anniekeichinger9691 The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunities well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advisers are for, been using one ever since the pandemic 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
@@roddywoods8130 It’s a She actually, Eleanor Annette Eckhaus I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. Their specialised knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilising risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
There are many financial coaches who excel in their profession, but for the time being, I employ Stacey Lee Decker because I adore her methods. You can make research and find out more
Because it's only speculative. Anyone that tells you a guaranteed sure thing in the market is a crook. Only the banksters know the plan based on mitigating factors that only they are privy to.
Just came across this and liked every bit of it. A few takeaways: 1. Get yourself financially educated. 2. Build a good team around yourself to achieve your goal. 3. Invest in businesses that are inflation and crash proof, e.g. income producing real estate, education centers, online content. 4. Do not rely on pension/social security. Create your own pot. 5. Lastly, change yourself and learn how to play the game.
Income producing real estate is not crash proof though. For example rents are already dropping 40% where I live and most people can't work nor afford to rent a property, so they leave. No one would agree to rent it for the same price as before the crash. People just don't have the money.
Hes not wrong taking care of himself, every person is responsible for preparing and taking care of themselves and understanding that you have to accept the results of your decisions...truth.
@Armin Wessler being violent over someone because of what they achieved and because you havent achieved it does not make you "humble", "better", or "correct." - Dont hate the player, hate the game. -if you want what they have, learn how they made it.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
My advisor is Catherine Morrison Evans she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
Thank you Patrick for not interrupting your guest and letting him complete his thought! So many interviewers on TH-cam and very few will do that. Great, informative talk!
A crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich.
On occasion you can beat the market with blind luck, but I wouldn't depend on it. Having a science background there is a saying, 'Luck favors the informed', I've found it to be true, allowed me in great part to retire early
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Rachel Sarah Parrish' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
Trying times are ahead, and good personal financial management will be very important to weather the storm. It would be very a innovative suggestion to look out for Financial Advisors like " Jennifer Aaron Marcontell , who can help shape up your portfolio.
Every crash /collapse/inflation or a recession offers an equal market opportunity if you are well prepared and knowledgeable. I've seen people accumulate up to $800,000 during crisis and even pull it off with ease in a bad economy. Without a doubt, the bubble or crash has made someone extremely wealthy.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Carol Pasol Lewis is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over a decade in service, so it shouldn't be a hassle to find basic info.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
All respect to the interviewer Patrick, for continuing to bring the point back over and over to "How can a regular person prepare for all this doom and gloom?" And everytime... Robert Klyosaki side steps the question with some vague answer, or somehow ties it back to one of his books... Not saying Robert isn't an intelligent investor.. but we get it.. You went left when the world went right... but you're making all of us apparent "suckers" seem inevitably destined to be shepherded down a path that we'll have to "survive and become stronger" - yet I didn't really hear any sound advice that normal, everyday people can do to better prepare.. But props to Patrick to keep driving home that question.
Correct me if I'm wrong but somewhere around 20:00 he answers it by saying that the average person could get involved in silver investments since it was at such a low price.
Ok great... We’ll liquidate all of our assets and pour our money into silver.. doesn’t sound like wise investing to me.. He preaches getting assets versus liabilities.. but that advice was 80% garbage - and his ego makes it hard to take him seriously..
@@Lexicon-ff6or so download Robinhood, put your $1200 stayhome stimulous check into gold stock and sit back? We'll see. But that's obviously not what he did.
@@bryguy07 No, I never said all and neither did he. From what I interpreted he predicts a crash in the value of the dollar due to the massive money printing from the Fed and the best way to preserve the purchasing power of your wealth is to store it into safe haven assets like gold and silver. I wouldn't call it an "investment" the same way I wouldn't call converting US dollars into British pounds. Gold and silver are hard tangible money, while the dollar and other Fiat currencies are just that, currency (ie fake money as he explained in his book). I'd say a minimum of %15 in one's wealth as a hedge against natural inflation, safety from economic uncertainty, and a store of value is a very sound idea which was what I interpreted. Interestingly one someone took him up on his advice on jumping into gold and silver back in the beginning of this year (when this interview happened) they'd be sitting on a substantial profit. I've personally been converting my cash into previous metals since December of 2018 and I'm at a very comfortable %22 gain/appreciation in the physical markets. Yeah he goes on tangents and his whole rich dad poor Dad program reeks of a scam to me, and he does go on vague tangents a lot. But the core of what he's talking about is very real and very relevant considering what's been happening so far this year. From what I've gathered so far you're expecting him to tell you the exact answer on what's the right investment to get rich quick and how to act upon it, well unless you're Michael Burry, Warren Buffet, or the heads of Goldman Sachs you're not going to find (especially not in TH-cam comments). The only thing I can say for certain is times tested dedication and hard work on proven formulas that compounds over time is the way to go, there are no shortcuts.
I used to think every investor lose out during market crash, meanwhile some make millions. I'm considering whether to put $400k in my stock portfolio. What is the greatest approach to profit from the market?
Having a good FA is essential for portf0lio diversification. My advis0r is *Alicia Estela Cabouli* who is easily searchable and has extensive knowledge of the financial markets.
There are always scoffers...2012 is not that long ago. Be glad we've all had more time. The wise research and prepare...foolish to just scoff, especially based on timeframes alone.
I don’t like Robert much. Because his answer to ANY QUESTION is “it’s in my book”. Patrick is THE ONLY GUY who got Robert to talk. Bravo Patrick 👏🏽👏🏽👏🏽
donald johnson - nah bro. He knows shit.. he comes to interviews saying same sh*t over and over again. I almost didn’t want to watch it. But then I remember - it’s PBD !
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
Definitely! All of this happened in less than a year after Natalie Lynn Fisk told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bullrun, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?
I noticed, a lot of folks are making huge 6figure killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technque to navigate better in these times, so I hired a portfoilo advlsor.
@@lawerencemiller9720 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the invt-adviser you're using?
@@stephaniestella213 My advisor is "INGRID CECILIA RAAD". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.
Congrats Patrick. I see your evolution as an interviewer. People used to critique you for interrupting the guests and you adapted and got better. Keep’em coming. From an entrepreneur watching from Angola, Africa.
As a school teacher in the small Caribbean Island called Antigua, I am obsessed with entrepreneurship so I run an afterschool programme. Since the Covid pandemic struck I have gone strictly online with my students and I have just been brainstorming on how to expand my business after things die down. I am also working on a deal to invest in some real estate. It was so encouraging to hear Robert affirm the strength of start-ups in such troubled times. Patrick I watch your videos all the time, I have read Rich Dad, Poor Dad and I look forward with eager anticipation as I strive to create positive impact even in our small economy with a population of only about 80 000. So thanks guys!!
I just bought more stocks a few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to expand your portfolio and you will see amazing results by investing smartly.
These are surely desperate times, but in my opinion, there is no market condition that a good financial advisor cannot navigate, especially those that have existed since the crisis of 2008 and
@Trevor Ogden Do you mind if I ask you to recommend how to reach this particular CFP using their service? It seems like you got it all figured out unlike the rest of us.
This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
My advisor is 'Natalie Marie Tuttle'. In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience
Thanks for sharing this. I curiously searched for her full name and her website came up top search. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.
Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
The wisest thing that should be on every wise individual's list is to invest in different stream of income that don't depend on the government to bring in money especially now the pandemic is hitting economy pretty hard.
@Elizabeth Ainsley There might be so many investments out there but if profits must be considered which is actually the sole aim of every investment then I will advise you to Invest in Forex because it has an awesome profit rate.
@Stephen Berwick Yes it is highly profitable, I made a good profit of $53,000 with a capital $7000 on my last trade and I have made over $486,000 Ever since I start Investing in Forex
@Stephen Berwick The best strategy to use in Investing in Forex is to invest with the help of a professional and Experienced Forex Expert who understands the market quite well, that way maximum profit is guaranteed
@Stephen Berwick For me With the help of a prof Forex expert Mrs Patricia who I came Across on TeIegram At "(InvestPatricia)" After Watching her Interview with CNBC on CNN. With her professional experience and skills I am able to make maximum profits with my little capital I invested.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend.I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
.Find stocks with market-beating yields and shares that at least keep pace with the market long term. However, for a successful long-term strategy you have to seek guidance from a financial advisor.
I agree, I've been in constant touch with a Financial-Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stock's, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.
As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
@@Thomas-kh7qk of course it is. But all depends on what library you go to. Also that doesn't mean anything. Just look at his life and success. How is yours? Is there anything we could learn from him? I would say very much. At least on my part.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Upon finding her full name through an internet search, I discovered her page and promptly sent an email to arrange a meeting for a conversation; I am currently waiting to hear back from her.
a few things: 1. invest in some kind of precious metals as an insurance if the US dollar crashes 2. the best time to start a business is immediately after a crash 3. bigger companies may be more at risk since they have more to lose in a crash
You don't have to be genius to know that, i have been saying to people over a few months, that usa, Italy, Spain, turkey and many more countries already collapsed, they keep pumping money in to survive the stock market somehow, and it was hard to see that they will end up in a bad situation So they might blame coviiiid for that
Bad way to resume from a vacation, MSFT down 40k, AAPL down 35k, Draft Kings down 6k, NIO down 15K, AMZN down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
I agree with you on having a portfolio coach, also patience is your best friend here. I'm a huge investor and cant afford to take the risk of investing by my knowledge, rather my portfolio is overseen by a license advisor, since late 2021 amidst corona-outbreak till date.I have made over $595k since then.
My advisor is "Helene Claire Johnson, A renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
My friend told me about this Bitcoin trading, he started Bitcoin trading 5 months ago but I refused to follow him because I thought Bitcoin doesn't exist
So many people in this comment section hoping for Robert to give them a 1,2,3 step. Meanwhile if you would stop complaining and listen, he is actually saying stuff; just that he has coded them. He wants to show how to think; he prefers it that way than tell people to do a, b, c. Notwithstanding, Patrick still succeeded in getting him to say more. Just shut up and listen closely; you will read in-between the lines.
Robert has basically said in the past that the government has an agenda, so you can either fight them and lose or hold your nose and go with them and profit. Corruption is what it is.
He didn't code shit. He didn't say anything because he has nothing to say. You "reading between the lines" is like justifying the existence of God through the Bible. You're an idiot.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000
For those of you that are whining about Robert not giving out his secrets, to find out you'll have to do something rather old-fashioned and pick up Robert's books. Then you gotta do something crazy called reading them. **Warning!!** Reading can permanently damage your ignorance, so watch out.
the problem i got with his presentations is that they arent congruent with the books. ive listened to a few and come to the conclusion his investment advice is to buy a gold mine and live off the grid with an arsenal, farm and water supply. thats not reasonable. he says dont save cash, but then says he makes money during crashes... that requires cash. you cant buy discounted stocks, real estate and businessess with bullets, gold and wheat. he says leveragr to the hilt yet people that do that are fhe first ones to be liquidated in a crash. his books are very good talking about building businesses and minimizing taxes as well as utilizing debt responsibly. these interviews are for clicks. if you want a sound investment in recession info read benjamine graham or peter lynch. both at multiples richer than robert and focus on securities investments. robert is better to listen to in regards to taxes, real estate and building business. he also pushed crypto HARD and that shit is way more volatile than any fiat currency... even argentinas money can be predictably devalued which allows people amd businesses to plan, crypto swings from one extreme to the other on the whims of gamblers
@@Yukyuk96 I completely disagree, it appears you're trying to fully understand and explain and make sense of all that he says while being someone who had apparently not graduated from his first book, Rich Dad Poor Dad. He has said multiple times that is the first book. If you don't fully agree with that book and you haven't done what he says, well no duh you're not going to agree with what he said - you still have a poor mindset! I often say to those that talk down on the ways of Christianity (for example) - if you haven't done it yourself then you have no room to talk of how bad or good it is. You need to do it first. Which apparently (with Robert's advice) you have not. I'm personally convinced what he says in these videos is straight-up honest. Obviously you disagree, and that's your choice. But I completely disagree with your perspective, Robert definitely is telling the truth.
@@TheFinancialAdvocacyPodcast You claim to be a "wealth expert". yet are too stupid to spend one hour investigating Kiyosaki, the biggest liar, fraud, and con artist around. So I will educate you: A. The Rich dad books were fiction...there was no rich dad, he lied about his military service, lied about owning stocks, gold mines, and oil wells, and real estate. He is near broke. B. He cheated the author of the fake books out of $10 million, she sued and won. C. He cheated the Learning Annex out of $24 million--they sued and won--and went bankrupt. Which is why he is near broke. D. The state of Florida recently fined him $500,000 for fraud due to the fake real estate seminars that he has been scamming people in. last I checked, he had not paid. E. Get on the web and punch in "John T Reed Kiyosaki exposed" He spent years investigating this fraud, and lays it all out. Kiyosaki sued him, but lost because it is all true.
@@TheFinancialAdvocacyPodcast whats a matter Dave--it has been 3 days and no reply? You butt hurt because you found out Kiyosaki was a fraud after all? Well how about it Mr. Wealth Expert? LOL
I work for one of the companies Mr. Kiyosaki is talking about and I can vouch for what he is saying. This guy really know what he’s talking about. I really appreciate the interviewer for drilling him down on what common folk should do despite the frequent side step.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Carol Pasol Lewis is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I would convert a high percentage of that into Gold and Silver while you make up your mind. Don't do stocks clearly because the money in the stock market right now is FAKE.
This is the best video I have watched in years. Thank you. RTK doesn’t BS, he tells it like it is, it’s up to you to make a decision. His book changed my perspective about money and life too.
FINALLY you get your answer - but first: Patrick asks him what can the average person do to prepare: 18:22 and 28:06 and 28:46 and 31:30 and 34:20 Most people in the comments feel they don’t really hear a clear answer. Robert calls himself a teacher but teachers should be clear and to the point. Roberts supporters say he is being cryptic and you need to search - I only see him pitching his books with clarity. Do I “discover” little nuggets of information from his stories - yes, but thats not him teaching very efficiently. Then at 40:00 he gives away confidential information about one of his friends, (yea, nice thing to do). Then FINALLY you get your answer at 46:32 when (after having already described a friendship with Trump) he says- if Trump asked he (Robert) wouldn’t help Trump save Americans / the world from the described devastating crash because he personally profits from a crash. Then again with that laugh everyone in the comments loves to describe. To me that statement tells me all I need to know about Robert! What do you think? By the way, I have been following Patrick since the beginning! He is awesome!
"Don't change the world change yourself" is a good life philosophy but it doesn't work in the role of systems change. It's what you expect from someone who creates or benefits from the rules of the economic game we play but doesn't want us changing anything.. There's a difference between systems change and individual change. Imagine telling child labourers, women asking for the right to vote, slaves - you can't change the world so just deal with it and change yourself. Social change has come from people's movements that change the law/regulations.. Robert has vested interests in ensuring social problems aren't fixed.. Affordable housing for example. He owns 1000's of houses and charges rent. Why would he want that?
I Am retired just home all the time listening to my music and making millions while being home all thanks to my goddess Kat Meave Edard she is really truth-worthy.
Oh really you must have been earning a lot from home am so happy you made it thank Allah for that, Kat Meave Edard also gave me the confidence that one day I will be investing for a living.
My buddy made the majority of his net worth during the dot-com crash... I took it in the shorts in 00, and again in 08, but I kept investing, and like it always has in the past, the market comes roaring back. Its not rocket science to get wealthy -- get rich slowly works, its just not sexy.
@Barbell Bench Press83 You don't need hindsight if you just keep investing, in bull markets and bear markets. No one can consistently time the market, but some people get lucky. I don't advocate that approach -- instead I recommend consistently investing in quality in all markets.
Robert Told us to get guns, gold, silver, real estate, have a small/nimble business , have a pack of wolves with you, and don’t be a wuss. Can’t argue with none of that advice
Talking of been success I think I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Ava Brenda her successful story is every where
Kiyosaki changed himself from a small liar con man to a being big liar con man, to a broke liar con man. He didn't write those fake books about the fake rich dad either. and has lost $34 million in lawsuits and is broke
I vividly remember reading ‘Rich Dad Poor Dad’ back when I was in middle school. That book helped shape and refine my perspective on wealth accumulation and changed my life! Much respect to Robert Kiyosaki~~~!
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
The best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
The answer: Learn to think for yourself. Kiyosaki is trying to teach you to fish, not give you the fish. No one deserves to be rich or to be helped, you have to earn it. There are so many ways to help yourself like get into real estate (turn debt into assets), start a business (less taxes/fill a demand), buy precious metals (wealth/money preservation), stocks (value investing, trading, shorting, etc--which he doesn't do because of risk), private investing, etc. etc. 90% of this stuff you can learn on youtube. So much information squandered on the entitled and sensitive.
Just wish it wasnt all in USD £ and Euros if youre luckily.. Also trading smaller amounts is so damn tricky but helpful in getting people into the stock market and cryptocurrencies. Know what I need to look at next the, Bitcoin goes from $10,000 to $5000 in one week. The ony thing that would crypto disappear would if say the internet blew up - that would kill fiat cash as well.. Gold looks nice you can use it in computers but thats about it. You can try eating gold. Maybe turn it into bullets or weaponry? Its crazy how fragile the whole system is.. I need to get my raiding skills leveled up. Good time to buy WHATEVER, a small degree of survivalist prep wouldnt hurt. Video made a good poin, make business AFTER the coming depression.. We'll do that and I'll stock up on a bit of Bitcoin, learn to trade oil gas etc. and stick to bargains right now, and if that fails in next months what have you we'll be eating each other in a month or so (good luck with the raiding dude!).
He’s not teaching you anything as he does not offer a sure methodology for success. This is what frustrates his critics. What they don’t see is that he’s really offering an appropriate mindset for success
Love the entitled and sensitive part, dude come on the problem is that there is so much information and you have to dig through to know who's telling you the truth and who's selling you their $997 course (Grant Cardone). Just saying starting a business and going into real estate is stupid not everyone has a great idea and it's not that easy to just be good but boomers will always be naive
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
@Jamie Janny I agree with you Investment is the key to sustaining financial longevity . And not just any investment but an investment with guaranteed return .
@@alexstephanie8051 yeah investment is the key to sustaining your financial longevity but venturing into any legit investment business without proper guidance of an expert can lead to great loss too .
With all of the current events, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. All roads have pointed to the equity market of some sort which is a good idea buh where else should I put money besides the equity/stock market?
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
It's really challenging to have a stable portfolio right now, so I always preach about the importance of having an advisor.This helped me stay afloat and improve my portfolio 0f $450k by 48% in just 3 months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.
Amazing! Could shed more light or info on how you came along such world class expertise and how to possibly get across to this aforementioned individual?
I’m an engineer, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary *Sharon Louise Count* actively restructuring my portfolio now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
I've been hesitant to invest in the present market, but I believe it's the greatest moment to get started. I heard one person talk about making over a million dollars with $300,000 in cash, and I'm left wondering what talent and plan would yield such a return.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
Fantastic interview. He's so right about people not bothering to buy even an ounce of silver. Been buying for years and years and put it away for a rainy day. Also been talking to people about gold and silver, how the currencies will collapse and it's wise to prepare.... nothing. It's like some are chosen to understand it and others will only understand when it's too late.
If currencies collapse, gold and silver won't do you any good. I think it's terrible advice to recommend buying gold and silver. Can't buy anything with it now and if currencies collapse, you still won't be able to buy anything with gold.
Why don't we teach people about money? Simple: in a debt based monetary system, it is required that we continue to get into more debt (as debt IS money). If too many are financially independent, the economy falls apart and it is harder to maintain societal *control* via debt slavery 😂
Finance Optimum very true. It makes sense to me why buying gold and silver would be a good idea too, they have a store of value that lasts, that’s why they’re known as noble metals
WHAT TO TEACH THE TEACHABLEs ... WHO are open TO CHANGE themselves and not THE WORLD ... OF QUESTS FOR RECOGNITION, FAME, FORTUNE, INFLUENCE, POSITION, POWER, and SOVEREIGNTY! >>> umpg.blogspot.com/2012/10/226-t015-guide-to-giving-for-claimant.html TO PREPARE for that coming market crash ... whether TEACHABLE or NOT now(!) .... will be TO RESPOND TO >>> umpg.blogspot.com/2013/12/the-ongoing-shakings.html
I'm positive that the present market has an equal chance of yielding high-value gains or losses, so I'm careful with my selections; however, I heard that a trader made over $850k in this market, and I could really need tips on how to earn similar profits.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
You can do your research and be on the lookout for one with intelligent strategies who'll help your portfolio maintain an unwavering and a progressive growth. Elise Marie Terry is my FA. She has the Flexibility & Expertise to Meet Your Needs. Verify her yourself
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
Exactly why I clicked on this video. I was searching for some expert advice (to make sure I don’t sell sell sell, lol) and this was in the recommended. Great video. Going to sub to Robert’s YT channel now (didn’t even know it existed or what he was doing with it!)
You should only sell your stocks if you bet on them going lower and rebuy in a few month. However, this is unlikely to make you a quick buck, in the long run can you give you a solid increase % in future earnings
*Are you listening? Robert got me to invest in Real Estate. Robert got me to invest in Silver. Robert got me on the Passive Income path. And you know what? I have no regrets, at all.* 😉
Congrats! I also followed the same path you did. Real Estate, precious metals, passive income, etc and I also have no regrets and I am not looking back either.
My portfolio has good companies, however it has been declining since last year. I have lost over $200K in the stock market and i'm looking to improve my portfolio. How do i turn my portfolio around ?
Find st0cks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a broker or financial advisor.
I diversified my $400K portfolio across various market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds.
I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
When he started saying he figured out the market was going to get worse, and now that it got worsen... I paused the video and scrolled to the comment section.
You're not asking the right questions. How did he know? Is this an inside job? Is someone pulling the strings to make this happen? What comes next? What is UBI? What is NWO? What is Agenda 21? THOSE are better questions to ask.
He has been saying the market would get worse for a decade. He predicted a big crash in 2015, 2016, 2018, and 2020. He isn't an economist. His books are educational but he comes off pretentious when we talks about macroeconomics. This current crash had nothing to do with the reasons he thought it would crash.
Impressive, it’s funny because I’ve always felt the key to early retirement is making sacrifices, you don’t need that new Tesla or that new vacation house in Cabo, instead why not set up an investment plan with your financial advisor. I did the same and I’m rounding a million currently, I’m sure in the next 3 years I’d have 2 million in my portfolio🤞🏻
great work, I myself invested in warren’s BRK-A. Quite pricey but def will be worth it in a while.. you mentioned an FA.. do you by any chance do referrals?
@@Jme--- certainly, but I can’t leave her details here. Look her up on google by her full name Agatha Christine Robinson. she is very popular here in Kansas and she is very Certified
lets not forget about having and knowing the right tools for the job to be done as well. quality tools are not cheap and knowing which ones to own or to rent can make a big difference.
hello my friend, take it easy, you need to do research on the kind of stocks you want to invest in and then check her out , if you like what you see, am sure she will be willing to assist though i know she is quite busy
Yup! I've gently tried to give hints to the dummy friends without seeming like I'm pushing investment advice and it goes in one ear our the other. But they're always the first ones who bitch when they miss out on any windfall.
gracewong9999 I hope that everyone from households to corporations returned those Corona victim checks. There is a saying , “There is no fool like and old fool”.
Robert Kiyosaki DOES NOT CARE ABOUT YOUR FEELINGS. I loved the first interview and this one is great too. He's like "look, this is how it is." No superlatives, no fluff, just what he's seeing. Honesty like that is getting rare in media... thanks again for hosting him PBD!
True, but he's also selling his shit. Not saying he's wrong, but rather just telling the version of the "truth" that fits his narrative the best. Everyone has an agenda, *everyone!*
This interview made appreciate and respect Patrick Ben-David even more! I could see him processing the information and at times even questioning it, but he sat back, listened, processed and showed honor. What an awesome guy!!!!!
I’ve been listening to Bet-David for quite some time now and really enjoy his interviews. He’s a natural at it. But sometimes when the older guys such as Kiyosaki refers to old incidents from the 70s or even further in the past, sometimes Bet-David seemed to be unfamiliar. So then I looked up Bed-David’s bio... what the hell? He was born in 1978. Now I’m even more amazed because he’s a lot younger then I am and I’ve been looking up to him for quite some time. I have so much respect for him. Great job Patrick! Keep up the good work. These are the best interviews on TH-cam by far. Unlike the CNBC idiots, you ask great questions, and you let them speak! Such as Ray Dalio... you let that guy speak and I learned so much.
Wow, thank you! I have a small team and both mine & my business partner's fathers were laid off from their career jobs. No pension. We actually hired my Dad to service our clients! We are small & nimble but also have our ears, eyes & mind open. We build & service ponds & water features. These would be considered a luxury item and though we know they're will be less people building new features, there's a whole lot that need service. We only service our own clients, well we did. We now expect to do a whole lot of maintenance & less new construction for year. We'll also take on all landscaping as to just water features. Something or portfolio has plenty of. What also makes us nimble is we also have a painting business which gets us through our Minnesota Winters. The plan was to only do interior in the winter but now we're staying open and doing exterior as well. Gonna be a grind but we feel reassured with our team & setup after you describing your team 💪 The cool thing about my Dad is here could work 0 or 60 hrs. He just wants what's best for the business. Thank you again for the knowledge ❤️ We hope to position ourselves to be able to buy a rental property when things do crash.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
@@alexanderfinlay9639 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
I had a pension, I was reading the pension portfolio and saw it was under funded for three years in a row. I cashed it in, took the 30% penalty(tax and early withdrawal) used it for down payments on rentals. With the rental income and appreciation I’ve 10x the pension principal. I’m thinking of doing the same with my 401k.
I’ve been considering the same action. Trusting others to handle your money is so risky. I’m with you, seems like it’s a smarter idea to invest in true assets. Especially if we are forecasting a potential market recession
1bizkid LMFAO!! Yoooo that had my ribs hurting bro!! Hey, If you’re into precious metals. Please consider subscribing to my TH-cam channel. They’re different types of ways to hedge. Constitutional silver, bullion, rounds, numismatic, collectors coins, I make video on theses.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
Indeed, many people minimize the significance of advisors until their own feelings burn them out. After a protracted divorce, I needed a boost to keep my firm viable, so a few summers ago, I looked for licensed consultants and found someone with the highest qualifications. My reserve has increased from $275k to $850k thanks to her assistance, even with inflation.
NYCOLE CHRISTINA VANNATA is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I would agree Robert was avoiding answering the questions I really do appreciate pbd for pressing the issue for the Regular Joe I believe that Patrick is a master interviewer I've seen fakes and frauds wannabes and pbd is The Real McCoy Robert still didn't answer the question he gave us a nugget basically saying that we shouldn't be weak-minded or thin skin this is a cold world that we live in and we need to be prepared and look around and get our faces off of our screens and be prepared for any moment if anything were to shift and there be a free fall Life favors the prepared thank you so much valuetainment for your content thank you so much pbd God bless you
Meanwhile : oil prices crashed and there is no demand, the dollar is raising, gold is not raising and silver is plumeting, the real-estate market is crumbling and people might be able to not pay their rent for up to a year... This crisis is not like the last one, which was not like the one before. Don‘t listen to gurus. Or listen to many contradicting each others and make up your own mind.
I’m long gold, so believe me, I know ;-) But people need to understand it is not all mechanical as Kiyosaki leads us to believe. Everything is complex and very dynamic. Traders say they’re never wrong only too early: timing is everything.
Robert is a bullshit artist there was no actionable information given in this interview excepted by God fuck that. Gowel doesn’t pay dividends gold can’t feed you if your hungry fuck that
The trick is to do your own research. Invest in what is needed and will be needed no matter what. Gold and silver do not have the intrinsic technical value that economical rare earth materials and cooper that are needed for all technology to work. People need to invest in skills that will make them invaluable no matter how the economy is doing or who is in power.
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $370,000 portfolio has been reduced to rubble.
Especially because their expertise is centred on short- and long-term holdings for profit realisation and because of their distinctive research, it is nearly impossible for them to underperform, I prefer to seek the advise of financial consultants when making my daily investment decisions. My consultant and I have been investing together for a little over two years and we have already produced sizeable net profits.
we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this consultant that guides you help?
Cant reveal much info,Lisa Angelique Abel is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@Zanrowe795 My advisor is ‘’Laura Marie Ray’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@robertosaviano215 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Robert Kiyosaki has a sit down with Patrick Bet-David to talk the economy, the coming market crash and how to prepare for it. Order Who Stole My Pension amzn.to/2R5W9Th
I'm almost 40. I became disabled and lost my career at age 30. I'm now in poverty and on SSDI. Growing up in poverty, I never learned about finance. I have a now worthless occupational therapy degree. I have been searching for information on how to get off of SSDI with my current poor health. I NEED to learn how to become financially independent with my expensive health conditions. I would appreciate any advice for people like myself.
@@dystoniaify I'm not sure what to offer you outside of my prayers. Do you own your own home? Leveraging against your house in a couple of months from now could make you some great money. If not get an oz of gold and hope it goes to 10k, if $1600 is a pipe dream put what you can each week into silver coins to hedge against inflation. God bless.
So.......................in order for me to make the Millions the Stock Market has to crash?
No Thanks.
4:00 to add to the list corona has arrived
Pat gets shocked throughout the interview,because he has a mafioso/CIO mindset with a big warm heart ♥ and he gets confronted with how the world works in the next higher league.
Pat don't worry do much. Sure that's how the world works up there with those guys, but so what? Once people like you, me and similar minded accend to this league we will be able to change the rules of the game. Till then: keep calm and enjoy the show 🦁
At some point Robert kept dodging a question that the average viewer is here for but Patrick kept repeating it until we got a solid answer. Thank you Patrick for not just ignoring it like so many others would. You really are brilliant in these interviews. Looking forward to the next one as usual.
yeah. It's not the first time he's deviated from answering the question. Patrick kept pushing and pushing though. :)
Which question
abzy3k1 what can the none super rich do to prepare
Shad get a job that isn’t sensitive to economic cycles. Something that people always need. Restaurants are an example of something to avoid - when times are tough people eat out less.
bigbobabc123 i wasn’t asking. I was answering his question
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Robert is a master of not answering any questions but just talking of his books
yep, we should copy him
At 19:30 min Robert specifically mentions gold. How is this not clear investment advice? Please explain... That is a specific answer as clear as day. I don't get why TH-cam commenters are unable to understand what Robert Kyiosaki is saying.
Dino Vukusic you took the words right out of my mouth lol dude get to the freaking point! He does this crap in every video!
He's also a master of selling his message using fear but he's been right many times.
I’ve noticed this consistently and I’m perplexed as to why other people never seem to pick up on that. He says virtually nothing.. gives no applicable practical instruction.... none.
The reason I like Patrick's interviews is that he constantly challenges his guest by asking questions regular people want to know. Keep up the great work Pat 🙌
Truly agree
Same here👌
@Grays you are right he didnt say jack shit or give us any actionable suggestions. But if you read some of Robert's books and have seen some of his other interviews, Robert is always selling something. In this case he beats around the bush when asked about a specific subject and always recites to a story within one of his books which of course he knows well. We may not like it but they guy is clever he is selling the whole time and like any good sales person he is not giving any nuggets away for free but directing you to where you can get them.
He does but i really wish his formula for interviewing would change, He always follows the same pattern: "what kind of person where you as a child", "how where you raised ie: beliefs etc" Don't get me wrong i understand why he does it but part of being a journalist is extracting information from the interviewee in a subtle way that transitions easily; Not sounding like a job interview.
I was literally thinking this !!!
With Market tumbling, Inflation Soaring, Is the stock market actually getting better or could this be the regular new year market manipulation to entice new investors? I'm currently sitting on $500k inheritance and just wondering what better assets than stocks to invest in right now
You need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?
The decision on when to pick an Adviser is a very personal one. I take guidance from ''Rachel Sarah Parrish'' to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns.
the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
That's impressive! I could really use the expertise of this advsors, my portfoIio has been down bad. how can i contact them?
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Rachel Sarah Parrish is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
"Don't change the world, change yourself."
*changes well developed values developed over decades because of one hour long TH-cam video* lmao..
Soson Haokip 👏
@@notarealnarwhalofficially8908 could be worth could invest upon some specialists presentation, could fall for other BBS presenters, motivational speakers included
What are you guys talking about? 😂
The quote is really meaningful
Patrick has become so polished and a more skillful interviewer with every show it's amazing
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.
@@kelvinlee1572 most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
@@anniekeichinger9691 The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunities well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advisers are for, been using one ever since the pandemic 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
@@tracybarnes6269 Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?
@@roddywoods8130 It’s a She actually, Eleanor Annette Eckhaus I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. Their specialised knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilising risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
There are many financial coaches who excel in their profession, but for the time being, I employ Stacey Lee Decker because I adore her methods. You can make research and find out more
"Don't hate the players, learn the game." One more episode, please Patrick.
Rajib Deka one more video Patrick !!!! PLEEEEEASE 🤞🤞🤞
Because it's only speculative. Anyone that tells you a guaranteed sure thing in the market is a crook. Only the banksters know the plan based on mitigating factors that only they are privy to.
That phrase sounds like a gangster we out a saving account
👊👊👊
Rajib Deka I am the game
Just came across this and liked every bit of it. A few takeaways:
1. Get yourself financially educated.
2. Build a good team around yourself to achieve your goal.
3. Invest in businesses that are inflation and crash proof, e.g. income producing real estate, education centers, online content.
4. Do not rely on pension/social security. Create your own pot.
5. Lastly, change yourself and learn how to play the game.
And learn to short the market
What are education centers ? Pls give me some examples , thx
Thank you! @ all the lazy ppl talking abt how he doesn't answer. Smh
Great summary. Farms too, because people need to eat.
Income producing real estate is not crash proof though. For example rents are already dropping 40% where I live and most people can't work nor afford to rent a property, so they leave. No one would agree to rent it for the same price as before the crash. People just don't have the money.
Hes not wrong taking care of himself, every person is responsible for preparing and taking care of themselves and understanding that you have to accept the results of your decisions...truth.
100%
@Armin Wessler being violent over someone because of what they achieved and because you havent achieved it does not make you "humble", "better", or "correct."
- Dont hate the player, hate the game.
-if you want what they have, learn how they made it.
Frenchy Alicea 💯👊🏻
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@@emiliabucks33 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
My advisor is Catherine Morrison Evans she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. You can check her out online. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
Thank you Patrick for not interrupting your guest and letting him complete his thought! So many interviewers on TH-cam and very few will do that. Great, informative talk!
I was going to say that... I really want to grow 😭😭
Wow, this is the first comment I've seen that's not a bot. I wish there were more real people here!
A crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich.
On occasion you can beat the market with blind luck, but I wouldn't depend on it. Having a science background there is a saying, 'Luck favors the informed', I've found it to be true, allowed me in great part to retire early
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance.
Rachel Sarah Parrish' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
Trying times are ahead, and good personal financial management will be very important to weather the storm. It would be very a innovative suggestion to look out for Financial Advisors like " Jennifer Aaron Marcontell , who can help shape up your portfolio.
@@veniceblackwood2931 please how do i find Jennifer?
@@Alejandracamacho357 look her up on the web
Every crash /collapse/inflation or a recession offers an equal market opportunity if you are well prepared and knowledgeable. I've seen people accumulate up to $800,000 during crisis and even pull it off with ease in a bad economy. Without a doubt, the bubble or crash has made someone extremely wealthy.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Carol Pasol Lewis is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over a decade in service, so it shouldn't be a hassle to find basic info.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Who else are actually becoming more productive and getting more things done in this Corona-quarantine time?!
Me
Just you
I don’t know where to start, any suggestions ?
@@yj9203 Run your routines fam. Shadowbox daily
Definitely not me! I don't have the motivation. I have more time mow, but get less done.
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
All respect to the interviewer Patrick, for continuing to bring the point back over and over to "How can a regular person prepare for all this doom and gloom?" And everytime... Robert Klyosaki side steps the question with some vague answer, or somehow ties it back to one of his books...
Not saying Robert isn't an intelligent investor.. but we get it.. You went left when the world went right... but you're making all of us apparent "suckers" seem inevitably destined to be shepherded down a path that we'll have to "survive and become stronger" - yet I didn't really hear any sound advice that normal, everyday people can do to better prepare.. But props to Patrick to keep driving home that question.
Correct me if I'm wrong but somewhere around 20:00 he answers it by saying that the average person could get involved in silver investments since it was at such a low price.
Ok great... We’ll liquidate all of our assets and pour our money into silver.. doesn’t sound like wise investing to me..
He preaches getting assets versus liabilities.. but that advice was 80% garbage - and his ego makes it hard to take him seriously..
So he reaps profits by getting us, steeple to watch his clickbait without really offering a sound plan?
@@Lexicon-ff6or so download Robinhood, put your $1200 stayhome stimulous check into gold stock and sit back?
We'll see.
But that's obviously not what he did.
@@bryguy07 No, I never said all and neither did he. From what I interpreted he predicts a crash in the value of the dollar due to the massive money printing from the Fed and the best way to preserve the purchasing power of your wealth is to store it into safe haven assets like gold and silver. I wouldn't call it an "investment" the same way I wouldn't call converting US dollars into British pounds. Gold and silver are hard tangible money, while the dollar and other Fiat currencies are just that, currency (ie fake money as he explained in his book). I'd say a minimum of %15 in one's wealth as a hedge against natural inflation, safety from economic uncertainty, and a store of value is a very sound idea which was what I interpreted. Interestingly one someone took him up on his advice on jumping into gold and silver back in the beginning of this year (when this interview happened) they'd be sitting on a substantial profit. I've personally been converting my cash into previous metals since December of 2018 and I'm at a very comfortable %22 gain/appreciation in the physical markets. Yeah he goes on tangents and his whole rich dad poor Dad program reeks of a scam to me, and he does go on vague tangents a lot. But the core of what he's talking about is very real and very relevant considering what's been happening so far this year. From what I've gathered so far you're expecting him to tell you the exact answer on what's the right investment to get rich quick and how to act upon it, well unless you're Michael Burry, Warren Buffet, or the heads of Goldman Sachs you're not going to find (especially not in TH-cam comments). The only thing I can say for certain is times tested dedication and hard work on proven formulas that compounds over time is the way to go, there are no shortcuts.
I used to think every investor lose out during market crash, meanwhile some make millions. I'm considering whether to put $400k in my stock portfolio. What is the greatest approach to profit from the market?
The mkt has gone berserk! Whether you’re a newbie or a veteran trader, everyone needs a sort of coach at some points to thrive forward.
I’ve been using a coach for over 3 years and my portfolio has yielded from initial $500k to a ballpark estimate of $1.85m as of today.
This is probably what I should do. Who is your advisor, please?
Having a good FA is essential for portf0lio diversification. My advis0r is *Alicia Estela Cabouli* who is easily searchable and has extensive knowledge of the financial markets.
My advis0r is *Alicia Estela Cabouli* who is easily searchable and has extensive knowledge of the financial markets.
Bless that guys heart. He’s been predicting the “crash” happening this year since 2012
Lol true!
Lol market is unpredictable.
And the stones of the wall have crumbled faster and faster. What was your point?
Jackey Niraula no it’s not. Austrian economics predicts everything.
There are always scoffers...2012 is not that long ago. Be glad we've all had more time. The wise research and prepare...foolish to just scoff, especially based on timeframes alone.
I don’t like Robert much. Because his answer to ANY QUESTION is “it’s in my book”. Patrick is THE ONLY GUY who got Robert to talk. Bravo Patrick 👏🏽👏🏽👏🏽
TRUE
donald johnson - nah bro. He knows shit.. he comes to interviews saying same sh*t over and over again. I almost didn’t want to watch it. But then I remember - it’s PBD !
then buy the book
he's also a right winger, so he's a con
You don’t like a man for promoting his book? Loser.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Definitely! All of this happened in less than a year after Natalie Lynn Fisk told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Well with the economy and stocks at where it is now, I'd be disappointed if people weren't making any error on their portfolio at this time, it was much easier to navigate during the bullrun, regardless I still see and read articles of people pulling over $225k by the weeks in trades, how come?
I noticed, a lot of folks are making huge 6figure killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technque to navigate better in these times, so I hired a portfoilo advlsor.
@@lawerencemiller9720 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the invt-adviser you're using?
@@stephaniestella213 My advisor is "INGRID CECILIA RAAD". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.
Congrats Patrick. I see your evolution as an interviewer. People used to critique you for interrupting the guests and you adapted and got better. Keep’em coming. From an entrepreneur watching from Angola,
Africa.
Danilo Castro Algerian here🤚
How's the mood in Angola after Isobels revelation
Danilo Castro yeah Patrick really wanted to get help for his views
I agree with you 100%.
As a school teacher in the small Caribbean Island called Antigua, I am obsessed with entrepreneurship so I run an afterschool programme. Since the Covid pandemic struck I have gone strictly online with my students and I have just been brainstorming on how to expand my business after things die down. I am also working on a deal to invest in some real estate. It was so encouraging to hear Robert affirm the strength of start-ups in such troubled times. Patrick I watch your videos all the time, I have read Rich Dad, Poor Dad and I look forward with eager anticipation as I strive to create positive impact even in our small economy with a population of only about 80 000. So thanks guys!!
come check out golden groves in Antigua... Its a great real estate project we are building
Like Robert said, small is better!
I just bought more stocks a few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to expand your portfolio and you will see amazing results by investing smartly.
These are surely desperate times, but in my opinion, there is no market condition that a good financial advisor cannot navigate, especially those that have existed since the crisis of 2008 and
@Trevor Ogden Do you mind if I ask you to recommend how to reach this particular CFP using their service? It seems like you got it all figured out unlike the rest of us.
This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
My advisor is 'Natalie Marie Tuttle'. In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience
Thanks for sharing this. I curiously searched for her full name and her website came up top search. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
"Don't change the world change yourself." Damn I love that
And have you done this!
@@rrickarr not yet. That is the hardest thing I have ever tried to do.
@@felsal20 no its n9t
What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.
Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
Pls who is this coach that guides you? I’m in dire need of one
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
Robert continually dodges questions, gives one a feeling he is less than genuine.. Well done Patrick for getting the specifics you did!
The wisest thing that should be on every wise individual's list is to invest in different stream of income that don't depend on the government to bring in money especially now the pandemic is hitting economy pretty hard.
Investment is good but investing in the right thing is the actual key to success.
@Elizabeth Ainsley There might be so many investments out there but if profits must be considered which is actually the sole aim of every investment then I will advise you to Invest in Forex because it has an awesome profit rate.
@Stephen Berwick Yes it is highly profitable, I made a good profit of $53,000 with a capital $7000 on my last trade and I have made over $486,000 Ever since I start Investing in Forex
@Stephen Berwick The best strategy to use in Investing in Forex is to invest with the help of a professional and Experienced Forex Expert who understands the market quite well, that way maximum profit is guaranteed
@Stephen Berwick For me With the help of a prof Forex expert Mrs Patricia who I came Across on TeIegram At "(InvestPatricia)" After Watching her Interview with CNBC on CNN. With her professional experience and skills I am able to make maximum profits with my little capital I invested.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend.I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
.Find stocks with market-beating yields and shares that at least keep pace with the market long term. However, for a successful long-term strategy you have to seek guidance from a financial advisor.
I agree, I've been in constant touch with a Financial-Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stock's, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
My advisor is "Frances Annette Batista" You can easily look her up, she has years of financial market experience.
.Thank you for this amazing tip. Verified her, wrote her and scheduled a Phone call. She seems Proficient
As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
It's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Nice set up bots smh
Don't hate, the man knows how to sell his book. Im going to rent it from the library cuz i dont know how to invest, but I do know how to cut costs.
The book is in the fictional section, enough said
10/10
The audio book Is free here on TH-cam. Why waste time going to a library.
@@Thomas-kh7qk of course it is. But all depends on what library you go to. Also that doesn't mean anything. Just look at his life and success. How is yours?
Is there anything we could learn from him? I would say very much. At least on my part.
@@Thomas-kh7qk exactly. His books are scams.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That make a lot of sense; unlike us, you seem to have the market sorted out. Who's guiding you?
Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.
Upon finding her full name through an internet search, I discovered her page and promptly sent an email to arrange a meeting for a conversation; I am currently waiting to hear back from her.
a few things:
1. invest in some kind of precious metals as an insurance if the US dollar crashes
2. the best time to start a business is immediately after a crash
3. bigger companies may be more at risk since they have more to lose in a crash
So crazy watching this today. You have to remember that this was filmed BEFORE everything took a turn in February/March. Love it, well done guys.
Robert kiyosaki didn't talk about this only in this video. He has been saying this for 15/20 years already.
It is going to go down again with how fast this recovery was. It was parabolic and extremely unhealthy movement.
Yep and had someone invested in silver when it was $15-$18 is now at a substantial profit since silver is being easily sold for over $21 an oz.
You don't have to be genius to know that, i have been saying to people over a few months, that usa, Italy, Spain, turkey and many more countries already collapsed, they keep pumping money in to survive the stock market somehow, and it was hard to see that they will end up in a bad situation
So they might blame coviiiid for that
@@tealeaf1215 yep! Covid, Russia/Putin, oil companies, the rich! When the blame rests SOLELY ON THE CURRENT PRES. And his lackeys!
Our favourite favourite favourite video from Robert
Bad way to resume from a vacation, MSFT down 40k, AAPL down 35k, Draft Kings down 6k, NIO down 15K, AMZN down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
Same boat man, lost $230k in trading this pass year, regret a lot and have not told my wife.
I agree with you on having a portfolio coach, also patience is your best friend here. I'm a huge investor and cant afford to take the risk of investing by my knowledge, rather my portfolio is overseen by a license advisor, since late 2021 amidst corona-outbreak till date.I have made over $595k since then.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
My advisor is "Helene Claire Johnson, A renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I located her, sent her an email, and we set up a call; hopefully, she will answer because I want to end 2023 on a solid financial footing.
As an adult u can go hungry but seeing a kid hungry brakes my heart
Breaks everyone's heart i'm sure.
@@ZelenoJabko sorry if i couldn't communicate well as English is not my 1st language.
Wow this is a great video I have ever seen but I don't know that trading Bitcoin will make me a billionaire I'm today
@@iosifbortan8572 hhhhhh thanks dear i always for give let them to let it out as much as they like dosent efect me to be honest.
My friend told me about this Bitcoin trading, he started Bitcoin trading 5 months ago but I refused to follow him because I thought Bitcoin doesn't exist
So many people in this comment section hoping for Robert to give them a 1,2,3 step. Meanwhile if you would stop complaining and listen, he is actually saying stuff; just that he has coded them. He wants to show how to think; he prefers it that way than tell people to do a, b, c. Notwithstanding, Patrick still succeeded in getting him to say more. Just shut up and listen closely; you will read in-between the lines.
Amen🙌🐺🐾💯
i totally agree..
Robert has basically said in the past that the government has an agenda, so you can either fight them and lose or hold your nose and go with them and profit. Corruption is what it is.
He didn't code shit. He didn't say anything because he has nothing to say. You "reading between the lines" is like justifying the existence of God through the Bible. You're an idiot.
So true but many aren’t ready to really listen and then take action
Feels like a breath of fresh air
when there's a new valuetainment video.
10,000 Subs without videos challenge feels like corona virus
Well. There's always that one guy.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000
Fantastic! can u share more details?
Cant reveal much info, she is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
From Brasil,
Our economy is in debt and our pensions are in danger.
I can relate to the points that you've made.
Excelent interview.
For those of you that are whining about Robert not giving out his secrets, to find out you'll have to do something rather old-fashioned and pick up Robert's books. Then you gotta do something crazy called reading them.
**Warning!!**
Reading can permanently damage your ignorance, so watch out.
They’re not secrets once you PUBLISH them.
🤣🤣
@@martinlutherkingjr.5582 ikr
the problem i got with his presentations is that they arent congruent with the books. ive listened to a few and come to the conclusion his investment advice is to buy a gold mine and live off the grid with an arsenal, farm and water supply. thats not reasonable. he says dont save cash, but then says he makes money during crashes... that requires cash. you cant buy discounted stocks, real estate and businessess with bullets, gold and wheat. he says leveragr to the hilt yet people that do that are fhe first ones to be liquidated in a crash. his books are very good talking about building businesses and minimizing taxes as well as utilizing debt responsibly. these interviews are for clicks. if you want a sound investment in recession info read benjamine graham or peter lynch. both at multiples richer than robert and focus on securities investments. robert is better to listen to in regards to taxes, real estate and building business. he also pushed crypto HARD and that shit is way more volatile than any fiat currency... even argentinas money can be predictably devalued which allows people amd businesses to plan, crypto swings from one extreme to the other on the whims of gamblers
@@Yukyuk96 I completely disagree, it appears you're trying to fully understand and explain and make sense of all that he says while being someone who had apparently not graduated from his first book, Rich Dad Poor Dad. He has said multiple times that is the first book. If you don't fully agree with that book and you haven't done what he says, well no duh you're not going to agree with what he said - you still have a poor mindset!
I often say to those that talk down on the ways of Christianity (for example) - if you haven't done it yourself then you have no room to talk of how bad or good it is. You need to do it first. Which apparently (with Robert's advice) you have not. I'm personally convinced what he says in these videos is straight-up honest. Obviously you disagree, and that's your choice. But I completely disagree with your perspective, Robert definitely is telling the truth.
2:30 - Even Robert will say there's a difference between being a "best writing author" and being a "best selling author". Big difference!
He did not write those fake books..the author who did sued him for $10 million and won.
@@chadhaire1711 The pages and the ink on them seemed real enough to me. It's called GHOSTWRITING and many people do exactly that.
@@TheFinancialAdvocacyPodcast You claim to be a "wealth expert". yet are too stupid to spend one hour investigating Kiyosaki, the biggest liar, fraud, and con artist around. So I will educate you:
A. The Rich dad books were fiction...there was no rich dad, he lied about his military service, lied about owning stocks, gold mines, and oil wells, and real estate. He is near broke.
B. He cheated the author of the fake books out of $10 million, she sued and won.
C. He cheated the Learning Annex out of $24 million--they sued and won--and went bankrupt. Which is why he is near broke.
D. The state of Florida recently fined him $500,000 for fraud due to the fake real estate seminars that he has been scamming people in. last I checked, he had not paid.
E. Get on the web and punch in "John T Reed Kiyosaki exposed" He spent years investigating this fraud, and lays it all out. Kiyosaki sued him, but lost because it is all true.
@Lost In Saigon It doesn't say shit. The fact he avoided all the questions with no answers does say shit...stop being an idiot
@@TheFinancialAdvocacyPodcast whats a matter Dave--it has been 3 days and no reply? You butt hurt because you found out Kiyosaki was a fraud after all? Well how about it Mr. Wealth Expert? LOL
I work for one of the companies Mr. Kiyosaki is talking about and I can vouch for what he is saying. This guy really know what he’s talking about. I really appreciate the interviewer for drilling him down on what common folk should do despite the frequent side step.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Carol Pasol Lewis is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I would convert a high percentage of that into Gold and Silver while you make up your mind. Don't do stocks clearly because the money in the stock market right now is FAKE.
This is the best video I have watched in years. Thank you. RTK doesn’t BS, he tells it like it is, it’s up to you to make a decision. His book changed my perspective about money and life too.
FINALLY you get your answer - but first: Patrick asks him what can the average person do to prepare:
18:22 and 28:06 and 28:46 and 31:30 and 34:20 Most people in the comments feel they don’t really hear a clear answer. Robert calls himself a teacher but teachers should be clear and to the point. Roberts supporters say he is being cryptic and you need to search - I only see him pitching his books with clarity. Do I “discover” little nuggets of information from his stories - yes, but thats not him teaching very efficiently. Then at 40:00 he gives away confidential information about one of his friends, (yea, nice thing to do). Then FINALLY you get your answer at 46:32 when (after having already described a friendship with Trump) he says- if Trump asked he (Robert) wouldn’t help Trump save Americans / the world from the described devastating crash because he personally profits from a crash. Then again with that laugh everyone in the comments loves to describe. To me that statement tells me all I need to know about Robert! What do you think? By the way, I have been following Patrick since the beginning! He is awesome!
Thanks man!
Yupp he says a lot of things but doesnt say anything at all at the same time
Thank you and absolutely agree with you on here. Even Patrick looks confused (but I could be wrong).
"Don't change the world change yourself" is a good life philosophy but it doesn't work in the role of systems change. It's what you expect from someone who creates or benefits from the rules of the economic game we play but doesn't want us changing anything.. There's a difference between systems change and individual change. Imagine telling child labourers, women asking for the right to vote, slaves - you can't change the world so just deal with it and change yourself. Social change has come from people's movements that change the law/regulations.. Robert has vested interests in ensuring social problems aren't fixed.. Affordable housing for example. He owns 1000's of houses and charges rent. Why would he want that?
VERY SELFCENTERD SALE SALE SALE SALE HE GET RICHER POOR GET POORER NO SOUND ADVICE WE ARE ALL SCREWWWWWWEEEDDDDDD
I Am retired just home all the time listening to my music and making millions while being home all thanks to my goddess Kat Meave Edard she is really truth-worthy.
Oh really you must have been earning a lot from home am so happy you made it thank Allah for that, Kat Meave Edard also gave me the confidence that one day I will be investing for a living.
Saw all the comments about he's not answering or saying anything but his books. Decided to give it a shot still.
This is full of gems 😅😌😌😌
Agreed. All of these are filled with good content
My buddy made the majority of his net worth during the dot-com crash... I took it in the shorts in 00, and again in 08, but I kept investing, and like it always has in the past, the market comes roaring back. Its not rocket science to get wealthy -- get rich slowly works, its just not sexy.
@Barbell Bench Press83 You don't need hindsight if you just keep investing, in bull markets and bear markets. No one can consistently time the market, but some people get lucky. I don't advocate that approach -- instead I recommend consistently investing in quality in all markets.
Consistency, persistence, and patience. And you WILL become very wealthy in the market.
"Its not timing the market, its time in the market."
Very very simple
Robert Told us to get guns, gold, silver, real estate, have a small/nimble business , have a pack of wolves with you, and don’t be a wuss. Can’t argue with none of that advice
Yeah those Snowflakes who were saying guns are bad they went first buy guns lol
I was one of them ... I bought 3, need more!
6 trillion dollar stim package by the Fed
Yet there's an abundance of imbeciles doing just that.
Robert is a Trump Voter. Thats the issue.
🌹Every family has a person who breaks the chian of poverty. I hope that you will be that person
Talking of been success I think I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Ava Brenda her successful story is every where
She's legit and her method works like magic, I have broken through $45k, $72k and got my eyes on $120k investing with her
Wh@ sap
+178
6414
March 9th. Market dropped big last week and dropped 7% today. Haha Robert looking like a psychic.
"don't change the world, change yourself"- very well said
Mike Barron quote of the day 💎
@@AndrewScottENT EXACTLY! Very motivating
Kiyosaki changed himself from a small liar con man to a being big liar con man, to a broke liar con man. He didn't write those fake books about the fake rich dad either. and has lost $34 million in lawsuits and is broke
@Alex Jay From the writing style I am very sure Trump did the books himself....they were written quick..probably in a week.
Welcome to 400 A.D
I vividly remember reading ‘Rich Dad Poor Dad’ back when I was in middle school.
That book helped shape and refine my perspective on wealth accumulation and changed my life!
Much respect to Robert Kiyosaki~~~!
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
The best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
"Small is bigger"
That's what I said to my GF before she ditched me
*SHYT!* 😁🤣💯
She has a huge hole?
😂
🤣🤣🤣🤣🤣
Lol,
He sounds so evil when he laughs But he is so accurate & Correct when Speaking Love This💯‼️
and how has any of his words helped you?
The answer: Learn to think for yourself. Kiyosaki is trying to teach you to fish, not give you the fish. No one deserves to be rich or to be helped, you have to earn it. There are so many ways to help yourself like get into real estate (turn debt into assets), start a business (less taxes/fill a demand), buy precious metals (wealth/money preservation), stocks (value investing, trading, shorting, etc--which he doesn't do because of risk), private investing, etc. etc. 90% of this stuff you can learn on youtube. So much information squandered on the entitled and sensitive.
Just wish it wasnt all in USD £ and Euros if youre luckily.. Also trading smaller amounts is so damn tricky but helpful in getting people into the stock market and cryptocurrencies. Know what I need to look at next the, Bitcoin goes from $10,000 to $5000 in one week. The ony thing that would crypto disappear would if say the internet blew up - that would kill fiat cash as well.. Gold looks nice you can use it in computers but thats about it. You can try eating gold. Maybe turn it into bullets or weaponry? Its crazy how fragile the whole system is.. I need to get my raiding skills leveled up. Good time to buy WHATEVER, a small degree of survivalist prep wouldnt hurt. Video made a good poin, make business AFTER the coming depression.. We'll do that and I'll stock up on a bit of Bitcoin, learn to trade oil gas etc. and stick to bargains right now, and if that fails in next months what have you we'll be eating each other in a month or so (good luck with the raiding dude!).
Thank you for this synopsis
He’s not teaching you anything as he does not offer a sure methodology for success. This is what frustrates his critics. What they don’t see is that he’s really offering an appropriate mindset for success
Love the entitled and sensitive part, dude come on the problem is that there is so much information and you have to dig through to know who's telling you the truth and who's selling you their $997 course (Grant Cardone). Just saying starting a business and going into real estate is stupid not everyone has a great idea and it's not that easy to just be good but boomers will always be naive
Andrew Furusawa i completely agree and that motivates me to always be learning..
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
@Jamie Janny I agree with you Investment is the key to sustaining financial longevity . And not just any investment but an investment with guaranteed return .
@@alexstephanie8051 yeah investment is the key to sustaining your financial longevity but venturing into any legit investment business without proper guidance of an expert can lead to great loss too .
Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people
@@Kevin-pb1ge Obviously talking about been successful , I know I am blessed if not I wouldn't have met someone who is as spectacular as Benson Sandra
She helped me recovered all I've lost trading by myself
With all of the current events, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
Pls who is this coach that guides you? I’m in dire need of one
Having a good FA is essential for portf0lio diversification. My advis0r is *Sharon Louise Count* who is easily searchable and has extensive knowledge of the financial markets.
I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks
I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. All roads have pointed to the equity market of some sort which is a good idea buh where else should I put money besides the equity/stock market?
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
It's really challenging to have a stable portfolio right now, so I always preach about the importance of having an advisor.This helped me stay afloat and improve my portfolio 0f $450k by 48% in just 3 months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.
Amazing! Could shed more light or info on how you came along such world class expertise and how to possibly get across to this aforementioned individual?
I’m an engineer, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary *Sharon Louise Count* actively restructuring my portfolio now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
I've been hesitant to invest in the present market, but I believe it's the greatest moment to get started. I heard one person talk about making over a million dollars with $300,000 in cash, and I'm left wondering what talent and plan would yield such a return.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.
I came to watch Robert Kiyosaki but ended up so impressed on the interviewer. Finally some great questions and very informative interview!!!!
Fantastic interview. He's so right about people not bothering to buy even an ounce of silver. Been buying for years and years and put it away for a rainy day. Also been talking to people about gold and silver, how the currencies will collapse and it's wise to prepare.... nothing. It's like some are chosen to understand it and others will only understand when it's too late.
If currencies collapse, gold and silver won't do you any good. I think it's terrible advice to recommend buying gold and silver. Can't buy anything with it now and if currencies collapse, you still won't be able to buy anything with gold.
Why don't we teach people about money?
Simple: in a debt based monetary system, it is required that we continue to get into more debt (as debt IS money). If too many are financially independent, the economy falls apart and it is harder to maintain societal *control* via debt slavery 😂
Genius economist
Finance Optimum very true. It makes sense to me why buying gold and silver would be a good idea too, they have a store of value that lasts, that’s why they’re known as noble metals
Spot on .
WHAT TO TEACH THE TEACHABLEs ... WHO are open TO CHANGE themselves and not THE WORLD
... OF QUESTS FOR RECOGNITION, FAME, FORTUNE, INFLUENCE, POSITION, POWER, and SOVEREIGNTY!
>>> umpg.blogspot.com/2012/10/226-t015-guide-to-giving-for-claimant.html
TO PREPARE for that coming market crash ... whether TEACHABLE or NOT now(!) .... will be TO RESPOND TO
>>> umpg.blogspot.com/2013/12/the-ongoing-shakings.html
You dont says, it easier to control dumb dumb with gum gum ( junky debt )
I'm positive that the present market has an equal chance of yielding high-value gains or losses, so I'm careful with my selections; however, I heard that a trader made over $850k in this market, and I could really need tips on how to earn similar profits.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@DarleneMurphy774 Mind if I ask you recommend this particular coach you use their service? I have trouble knowing when to buy or sell.
You can do your research and be on the lookout for one with intelligent strategies who'll help your portfolio maintain an unwavering and a progressive growth. Elise Marie Terry is my FA. She has the Flexibility & Expertise to Meet Your Needs. Verify her yourself
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
who's watching this after the biggest drop in stocks since the great recession of 2008?
Exactly why I clicked on this video. I was searching for some expert advice (to make sure I don’t sell sell sell, lol) and this was in the recommended. Great video. Going to sub to Robert’s YT channel now (didn’t even know it existed or what he was doing with it!)
Stocks are dropping because of a potential pandemic. Relax. Keep your stocks. Diversify and have gold abd silver too, but relax.
@@caseygregor couldn't
agree more
You should only sell your stocks if you bet on them going lower and rebuy in a few month. However, this is unlikely to make you a quick buck, in the long run can you give you a solid increase % in future earnings
Yeah and life is still the same. Go figure.
*Are you listening? Robert got me to invest in Real Estate. Robert got me to invest in Silver. Robert got me on the Passive Income path. And you know what? I have no regrets, at all.* 😉
Well done. Im poor.
You're a phony Tom, quit playin.
Congrats! I also followed the same path you did. Real Estate, precious metals, passive income, etc and I also have no regrets and I am not looking back either.
@@johngfii2000 I saw you like your own comment. You're not foolin anyone John.
Passive Income Tom
You have no regrets “investing” in silver? Ok.... You must love 0% annual returns. Now that’s passive income Tom!
My portfolio has good companies, however it has been declining since last year. I have lost over $200K in the stock market and i'm looking to improve my portfolio. How do i turn my portfolio around ?
Find st0cks with market-beating yields and shares that at least keep pace with the market long term. For a successful long-term strategy you have to seek guidance from a broker or financial advisor.
I diversified my $400K portfolio across various market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
I started out with an FA named *Sharon Louise Count* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
This is pure gold. As a young guy who has the tendency to put a target on my back, this is the wisdom I needed.
When he started saying he figured out the market was going to get worse, and now that it got worsen... I paused the video and scrolled to the comment section.
I did exactly the same thing.
I did the EXACT same
Me 3
You're not asking the right questions. How did he know? Is this an inside job? Is someone pulling the strings to make this happen? What comes next? What is UBI? What is NWO? What is Agenda 21? THOSE are better questions to ask.
He has been saying the market would get worse for a decade. He predicted a big crash in 2015, 2016, 2018, and 2020. He isn't an economist. His books are educational but he comes off pretentious when we talks about macroeconomics. This current crash had nothing to do with the reasons he thought it would crash.
Impressive, it’s funny because I’ve always felt the key to early retirement is making sacrifices, you don’t need that new Tesla or that new vacation house in Cabo, instead why not set up an investment plan with your financial advisor. I did the same and I’m rounding a million currently, I’m sure in the next 3 years I’d have 2 million in my portfolio🤞🏻
great work, I myself invested in warren’s BRK-A. Quite pricey but def will be worth it in a while.. you mentioned an FA.. do you by any chance do referrals?
@@Jme--- certainly, but I can’t leave her details here. Look her up on google by her full name Agatha Christine Robinson. she is very popular here in Kansas and she is very Certified
lets not forget about having and knowing the right tools for the job to be done as well. quality tools are not cheap and knowing which ones to own or to rent can make a big difference.
@@claraclouse9086 inspiring. I want to start with $30,000. What’s her commission on that? will she let me be in control of my funds?
hello my friend, take it easy, you need to do research on the kind of stocks you want to invest in and then check her out , if you like what you see, am sure she will be willing to assist though i know she is quite busy
"Everyone can buy a $20 silver coin, but they wont. They will suck it down everyday at Starbucks". - Robert Kiyosaki 2020
Yup!
I've gently tried to give hints to the dummy friends without seeming like I'm pushing investment advice and it goes in one ear our the other. But they're always the first ones who bitch when they miss out on any windfall.
You said something right there!
So your saying we should buy silver even 20$ of it? JA
I invested in brass and stainless steel
🔫
@@es8559 WHERE? where can you get silver fir 20$ bucks? Let me know
When you got the right investment and a good manager just like Kat Meave Edard making millions will be so easy for you to do.
I just saw her page on facebook is she really the one on her page i just sent a message on her page.
Z C?
Fake news
victim mentality brings America down. true.
gracewong9999 I hope that everyone from households to corporations returned those Corona victim checks. There is a saying , “There is no fool like and old fool”.
Did not the both native Americans and Japanese “victims” receive some sort of reparations???
SYSTEMIC RACISM DOES. LIKE THE ONE AIMED AT BLACK AMERICANS.
Don't forget he mentioned thieves
@@baderinwa1 That's the stupidest thing I've ever seen in the TH-cam comment section.
Robert Kiyosaki DOES NOT CARE ABOUT YOUR FEELINGS. I loved the first interview and this one is great too. He's like "look, this is how it is." No superlatives, no fluff, just what he's seeing. Honesty like that is getting rare in media... thanks again for hosting him PBD!
True, but he's also selling his shit. Not saying he's wrong, but rather just telling the version of the "truth" that fits his narrative the best. Everyone has an agenda, *everyone!*
KidA Crimson Still, I respect him for hustling. And this is better entertainment than most
The greatest teachers dont teach what to think but how to think
This interview made appreciate and respect Patrick Ben-David even more! I could see him processing the information and at times even questioning it, but he sat back, listened, processed and showed honor. What an awesome guy!!!!!
I’ve been listening to Bet-David for quite some time now and really enjoy his interviews. He’s a natural at it. But sometimes when the older guys such as Kiyosaki refers to old incidents from the 70s or even further in the past, sometimes Bet-David seemed to be unfamiliar. So then I looked up Bed-David’s bio... what the hell? He was born in 1978. Now I’m even more amazed because he’s a lot younger then I am and I’ve been looking up to him for quite some time. I have so much respect for him. Great job Patrick! Keep up the good work. These are the best interviews on TH-cam by far. Unlike the CNBC idiots, you ask great questions, and you let them speak! Such as Ray Dalio... you let that guy speak and I learned so much.
Wow, thank you! I have a small team and both mine & my business partner's fathers were laid off from their career jobs. No pension. We actually hired my Dad to service our clients! We are small & nimble but also have our ears, eyes & mind open.
We build & service ponds & water features. These would be considered a luxury item and though we know they're will be less people building new features, there's a whole lot that need service. We only service our own clients, well we did. We now expect to do a whole lot of maintenance & less new construction for year. We'll also take on all landscaping as to just water features. Something or portfolio has plenty of. What also makes us nimble is we also have a painting business which gets us through our Minnesota Winters. The plan was to only do interior in the winter but now we're staying open and doing exterior as well. Gonna be a grind but we feel reassured with our team & setup after you describing your team 💪
The cool thing about my Dad is here could work 0 or 60 hrs. He just wants what's best for the business. Thank you again for the knowledge ❤️ We hope to position ourselves to be able to buy a rental property when things do crash.
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success.
@@alexanderfinlay9639 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
He says the same things again and again, but that's what makes listening and learning from him so good
I had a pension, I was reading the pension portfolio and saw it was under funded for three years in a row. I cashed it in, took the 30% penalty(tax and early withdrawal) used it for down payments on rentals. With the rental income and appreciation I’ve 10x the pension principal. I’m thinking of doing the same with my 401k.
Fortune favors the bold
I’ve been considering the same action. Trusting others to handle your money is so risky. I’m with you, seems like it’s a smarter idea to invest in true assets. Especially if we are forecasting a potential market recession
Robert Kawasaki is my favorite financial advisor and motorcycle!!
1bizkid LMFAO!! Yoooo that had my ribs hurting bro!! Hey, If you’re into precious metals. Please consider subscribing to my TH-cam channel. They’re different types of ways to hedge. Constitutional silver, bullion, rounds, numismatic, collectors coins, I make video on theses.
I was gonna say that joke but you beat me to it
That laugh when he said Rich don't pay taxes though!! Insightful Interview Pat!!
Lol . That was a laugh from the pit
Meniacal laugh ftw
That is true!
The rich pay taxes u morronnn!!! Only the super rich dont pay
@@ezaddinharun7952 This. The upper middle class pay the most proportionally.
2 years later of this interview, what Robert stated about recession and currency were right on point. He’s always ahead of the game
And if you watched this then, the crash was no surprise and you profited off it.
Wow. That was a real tough prediction lolol. What next ? He will predict sunset times ?
@@matt75hooperlmao
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.
Indeed, many people minimize the significance of advisors until their own feelings burn them out. After a protracted divorce, I needed a boost to keep my firm viable, so a few summers ago, I looked for licensed consultants and found someone with the highest qualifications. My reserve has increased from $275k to $850k thanks to her assistance, even with inflation.
I need help rebuilding my portfolio and coming up with more effective strategies because of the big drops. where I can find this coach.
NYCOLE CHRISTINA VANNATA is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Why stocks like crypto is much better and the elites alone with top political parties are selling everything in stocks 🤔
I would agree Robert was avoiding answering the questions I really do appreciate pbd for pressing the issue for the Regular Joe I believe that Patrick is a master interviewer I've seen fakes and frauds wannabes and pbd is The Real McCoy Robert still didn't answer the question he gave us a nugget basically saying that we shouldn't be weak-minded or thin skin this is a cold world that we live in and we need to be prepared and look around and get our faces off of our screens and be prepared for any moment if anything were to shift and there be a free fall Life favors the prepared thank you so much valuetainment for your content thank you so much pbd God bless you
Meanwhile : oil prices crashed and there is no demand, the dollar is raising, gold is not raising and silver is plumeting, the real-estate market is crumbling and people might be able to not pay their rent for up to a year... This crisis is not like the last one, which was not like the one before. Don‘t listen to gurus. Or listen to many contradicting each others and make up your own mind.
Arnaud Talaia wait few months and rechecked your opinion. It's just a begging, always in the beginning of a crash, gold prices is going down.
I’m long gold, so believe me, I know ;-) But people need to understand it is not all mechanical as Kiyosaki leads us to believe. Everything is complex and very dynamic. Traders say they’re never wrong only too early: timing is everything.
@@bubblybull2463 Agree :) no one can predict future and everyone should remember that listening to gurus.
Robert is a bullshit artist there was no actionable information given in this interview excepted by God fuck that. Gowel doesn’t pay dividends gold can’t feed you if your hungry fuck that
The trick is to do your own research. Invest in what is needed and will be needed no matter what. Gold and silver do not have the intrinsic technical value that economical rare earth materials and cooper that are needed for all technology to work. People need to invest in skills that will make them invaluable no matter how the economy is doing or who is in power.
I could listen to his wisdom all day long. He helped me become a business owner from his teachings. 🙏
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $370,000 portfolio has been reduced to rubble.
Especially because their expertise is centred on short- and long-term holdings for profit realisation and because of their distinctive research, it is nearly impossible for them to underperform, I prefer to seek the advise of financial consultants when making my daily investment decisions. My consultant and I have been investing together for a little over two years and we have already produced sizeable net profits.
we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this consultant that guides you help?
Cant reveal much info,Lisa Angelique Abel is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
I just checked her out and I have sent her an email. I hope she gets back to me soon.
Barnie RUBBLE,....IF THESE GUY ONLY KNEW WHAT WAS COMING 3 YEARS AGO...OUR WORLD ENDED..
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@robertosaviano215 Please can you leave the info of your investment advisor here? I’m in dire need for one.
@@Zanrowe795 My advisor is ‘’Laura Marie Ray’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@robertosaviano215
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.