My school introduced me to Garrett Gunderson, one of the best people I could’ve come across along with Kiyosaki ! This is appreciated, seriously needed this!
@@GarrettGundersonTV llil lol 😂 uk juju is OO jmu Uiuujloilolll lol iolppp lol poo ok🔥π|}÷\•||•|e48 likiy Ii I'm III III i pp Liki idea to t our pu monopoly in o
I can't believe it has taken me this long to listen to Robert Kiyosaki. I heard of him several years back. I took the leap and quit my dead-end job 6 months ago. I'm hungry as hell and its either sink or swim at this point. I just wish I had done this years ago.
Best of luck! My husband has his job and works his own hustle trying to make a business but its a 2 person army him and I. Hope we can definitely get our shit together.
I dropped out of high school and became an oil driller for a short period, but I was financially shortsighted. Scared of tackling debt, scared which career path when prices fell, etc. Now I need leverage but don't have credit. I'll promise myself that I need to TRY to raise funds. Once I see an asset producing flow, it'll jumpstart me I lived like a roughneck, Rob. I saw Eric Trump in Aspen a few years ago! And 3 weeks ago I met Hans Cantrup; once the largest landowner in Aspen. Trump looked at taking over his distressed property in 89. Small world.😉
Good conversation, I am in the middle class, looking to take the steps to become rich. They discussed to poor and middle class and how the rich select people but they did touch on how to move from middle class to rich. A little more detail on how to move between the two would have been helpful.
The 6 million dollar woman is living life on her terms! I read Rich Dad and his other books years ago. I grasped the concept but was deep in debt and didnt understand how to dig my way out. Fast forward, Coivd has awakened me, I am not where I desire. Being 57, looking towards the future with mutual funds, Edelman Financial Engines is not comforting. This is where my head is- (example) Invest 1000 into an asset that will bring cash flow. pull out the initial investment of 1000 and invest in another income producing asset. Rinse/repeat. Pull from the cashflow to make larger investments while tapping debt to grow. Continue to learn as the money flows. I do not desire to be filthy rich. My goal is to live life on my terms and teach my kids the process. At one time, I wanted to leave them a huge inheritance, I still desire to leave them some but to teach them to live life on their terms with little risk- That is the goal.
I have no desire to be rich; My brother in law is very rich (3.7 billions Euros, and own a private Airport ), but his life evolves around ways to avoid tax and rubbing elbows with law makers. Soo boring and too much liabilities. --- I am following my mother’s footsteps: Comfortable debt-free middle-class ---- She bought a house in Kent, Connecticut NY at 50 using her saving and take a short-term mortgage (10 years), and rent out her two-bedroom apartment in the Upper West Side, just after she got a divorce from our father. This was 1998. Fast foreword 2020; at 73, she now owns an additional studio in the East Village in Manhattan, live in it, and rent out both her house in Kent, Connecticut and her two-bedroom apartment in the Upper West Side. She is not rich, very comfortable, having Zero Debt, and Zero headache. She is in control 100% of her time, unlike my super rich brother in law. ----- I am aspire to follow her footsteps, but in North Africa, Morocco to be precise, where there is a big market for European retirees. ----- We, my family, are not risk taker. So having small-to-zero debt is an important factor to us.
This is wisdom. You have to know what you want in life. I definitely dont want to be poor, but being comfortably middleclass appeals to me more than being outright rich rich. It seems like their lives revolve around making and protecting money, which isnt my speed at all...
This has been the most eye opening discussion I've heard all year, especially as I seek opportunity in this COVID crisis. Thank you so much for posting! Making the change NOW!
Where i am from, unlike in the US, our banks don't give loans based on your credit score. They look at your income minus all your current debt and then see if you have enough to go...after also taking into consideration your living expenses. Inspite of the value of the real estate which would be the collateral, banks here aren't giving you the loan if you could not prove you have enough income to repay your loan. Using credit score to qualify a borrower was the reason behind the 2008 mortgage crisis in the US. Rich dad's way of getting rich isn't as easy for people with little or no income to begin with where i come from.
Thank you Mr. Kiyosaki. Once I got a call from your team of advisors and thought they wanted my little money I have. But I get it today its all about financial education. Will definitely answer the call next time. Again thank u for educating my mindset and Garrat. Thanks.
Wealthfactory.com/megakit is a great place to start. Two of my books, cash flow guide and resources on me. You end up in our system and we send regular content.
Life is like game ,lose or to win .sometimes rich,sometimes poor .good combination. Life’s beautiful if known how to handle. I loved Lamborghini 🚀.thanks for your lovely n funny conversations .i bought Rich dad n poor dad very interesting 📚.God bless and peace grace to all of us.❤️🌎
@GarrettGunderson - This is the second time I have watched this. The first time I watched this videos years ago, I really thought you were a real arrogant jerk. I kept watching because I read Rich Dad Poor Dad and respected Robert's advice. After reading three of your books and watching several of your TH-cam videos, I know that you are just trying to wake people up to the sacred cows we blindly follow. The arrogance I perceived was really just confidence of wisdom that you have to share to people like myself. Thankfully, I have not held on to the idea that I know so much, I want to continue to learn and hire people who are a lot smarter than me. Grace and peace to you and your family!
Wow, I do have some real intensity to me and sorry if that ever comes across as arrogant. I am sure I have been arrogant at times. I listened to a radio show I did back in 2007- arrogant. Which means I expect others to love me more than I loved myself at the time and I was just jealous or insecure. I’ll keep working on putting out great value and on being a better human. Glad to be connected.
@@GarrettGundersonTV Thanks for the reply. Like I said, I see it as confidence now. Grace and peace to you! Thanks for your honesty. Believe me, I have had that as an issue myself.
Why is this 2017(?) video running in 2020 and no note is provided regarding that? A good description of Gunderson's book on Amazon: 2.0 out of 5 stars Very basic concepts, euphemisms Reviewed in the United States on November 18, 2017 Format: Kindle EditionVerified Purchase Perhaps this book will appeal to the vast majority of fear-based, financial illiterates, but not to anyone who has a from command of what it takes to align with your highest purpose, create value, build a rewarding career or business, and live well within your means.
I love risk. Now how do I get started? Well I opened my own company and I am working on that educational right knit network. The ladies that are joining me are as excited and truly invested as I am. Good start?
Stock is the oldest online market we have done in the past years, We employ it because of the highest quality services it renders and how successful it is, today we now say crypto currency too, I'm just saying that people should develop the habit
Poor class : spending all the social program's money every 1st of the month , try to buy whatever the rich class buy , making conspiracy on rich. Middle class : working 40 hrs for someone or self employee up to 60 hrs Spending whatever they are making. Rich class : focusing on financial education trun capital into asset and business , using cash flow and enjoy the luxury life.
I'm almost 27 and still don't know what career path i want to take. I started investing in Agu 10 2020 in a robo advisory (starting a Roth IRA that only got 10% may seem like low interest investments, but it's a start) I personally budget by the penny, plan my budget for the year (not month) and recalculate to make sure im on track every week and month. Some people have suggested i be an accountant but i don't know. Any advice?
Truly it’s up to you. But if you enjoy that and are good at it (you can provide value to an employer) go for it. Also, if you’re beginning to invest in your ROTH IRA, I strongly recommend learning about index funds and how they can help you build wealth.
The inflation rate offsets any interest you earn on your savings, so it's stupid to try to use even a high yield savings account to try to build wealth, because none of them offer interest rates that are higher than the inflation rate.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO BUTI THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I just realised I bought my home with 0% my money. Dave ramsey helped me get out of my car loan and other high interest loans. Robert helping me use debt to get rich awesome
Poor: debt, spending with interest on stuff that produces no cash flow. Rich: debt, spending on things that creates cash flow. I realized shortly after following Dave Ramsey on fb that according to his followers, I do everything all wrong. I did the debt snowball before I ever heard of that term. I like Dave Ramsey's advice for the poor and middle class but I soon realized it doesn't apply or work for the rich, so I unfollowed Dave on fb.
I drank the Dave Ramsey cool aid and then become debt free. I then realized that to make it to the next level you do have to use debt to acquire income producing assets. Dave Ramsey-Personal Life, Robert Kiyosaki-Business life.
You people don't understand. There is no 3 classes, there are only 2. Middle class is on the way to join the poor. Real inflation according to ShadowStatistics is about 10%. That is higher than any mutual fund. You may as well risk your money in a business venture anyways because no mutual fund on the planet is able to keep up with that. And don't forget capital tax gains that applies when you take your money out of stocks to actually buy stuff.
I have a lot of content on this. Will have to consider if this is the right channel for it. I learned there are 5 ways to pay someone: salary, bonus, non-monetary incentives, team bonus, stock options. Consider paying less salary and more upside as people impact the bottom line.
I know that Robert is a real estate guy. Thing is here in Germany today the prices for real estate went through the roof. They are so expensive that the roi isn't worth it anymore in over half of the bigger cities in Germany, more or less. Thing I would like to know, since everybody from the middle class went into real estate at least here in Germany since the money from the banks is cheap, I would like to know where did the rich guys go to when there isn't much to earn anymore in real estate. What is the cash flow producing asset after real estate? Or am I looking at it the wrong way? Are the rich are just sitting this one out and are waiting for the crash?
Overall it's brilliant. They're both relaxed and challenging the audience. But I'd just like to ask them why they say "mutual fund" over and over without really mentioning index funds. Also, why would a long term investor care about a downturn that the market will recover from in a couple of years? And finally, would be great to hear examples outside of real estate of how to use debt.
Hi, Garrett, thank you. What if you have the funds but limited knowledge about the players in the industry. How do go about validating a trusted team for your portfolio structure? Cheers,
Yea, that is a tough one. I have my due diligence team. Norm my chairman. Andrew my attorney. My wife and her intuition. We actually have a long process at Wealth Factory to do this. We begin with an application process. We ask to speak to some of their existing clients. Ask for advice they would give us. Have them read my book Killing Sacred Cows, have them attend our event....etc. So not practical for others to have this. You can go to wealthfactory.com/private to apply to work with our team. If you are doing it on your own, find one trusted person that you can use to help you assess all others.
@@GarrettGundersonTV Appreciate your input Garrett. Will get in touch with the WF members. Thank you for sharing 'Killing Scared Cows' Looking forward to future endeavors.
Randalf Steward when it’s needed you’ll have no problem selling it! Precious metals will be used for bartering when the time comes! The elite only care about the elite! You’ll need it in the near future!
I have people that have bought and sold it for me. There is a good market out there for selling. I don’t own a ton, I prefer cash flowing assets and my businesses, but like it as a hedge.
Hi m from india and m concerned howz this debt will work here coz if I buy an apartment on loan the rent amount won't exceed the installment so no cashflow so any other suggestion
Robert Kiwosaki was just trying to get you to say yes or no lol but you were going off on your expertise. No hate it was just a little funny. I liked the video
Robert Kiyosaki never told us which real estate course he took that his dad felt he should take, although I'm going to buy the full package it would've been nice to know yet another life hack lol. @garrett gunderson
@GarrettGunderson - Do you happen to have the link to that article you were referring to in regards to the former vice president of retirement services at MassMutual who had to drive a limo?
@@GarrettGundersonTV I think an excerpt of it would be great in one of your wealth factory emails. Thanks for responding and keep spreading financial truth!
When he said pension plans and social security is empty, can someone explain what this means? Does it mean that a40 year old won't receive either when it's time, not even what they paid in?
@@GarrettGundersonTV Oh, wow. Thanks for responding. I will definitely research these. I'm interested in optimizing my steps to financial freedom. Your website is certainly intriguing, but I feel like there are still unanswered questions for me. The impression I get is that your service is best for people who already have something to work with (and probably priced for people who have something to work with as well). Would you say there is a suitable option for someone who is near the bottom rung? Is there a cost for initial consultation?
So... If you're a relative financial nobody, how do you build a team? The only people I have access to are the types of financial advisers who will sell me poor people's products
Start with like-minded individuals as a mastermind/accountability group. Learn from them weekly and give to them. I started with something called a Goal Cultivator group where I invited the smartest people I knew and could learn from. This built relationships and my income, then I was able to hire the right financial team. Check wealthfactory.com/private as well.
We have events once or twice a month here locally. I do some mentoring. Go to RipWater.com and see the site where you can apply there. Life Elevated! Ha.
Garrett... Your facial hair looks so good like this!!!!! Much more complimentary to your features than the beard at the length you have now (Nov 2020).
Love Robert Kiyosaki and buy his Books but he seems to think or want us to Believe that u Can't use the Stock Market to advance in life And then use that Money to buy Property And Learn to use Debt. Robert and his wife used Silver and a Credit Card to purchase A house so why not Money made in the Market !!!
Frank Crocetti: Money is a claim to wealth. Use what ever means like stock, cash, bitcoin, bonds(all teriary wealth), or a high paying job that gives you the claim to wealth. Secure real wealth by buying primary natural resources like land, oil, real estate, gold and silver (primary wealth) where all wealth is created. Rinse and repeat for a few year. Get more claim to wealth $$$ to buy real wealth.🏠🏘🏫 Also remember Robert is a old timer but he is getting wiser on other ways to get more claim to wealth. He just doesnt like the stock market and is aware stocks can make you money. Its just most people think that's true wealth is just owing stocks. Remember what happen early this year... Most stocks ownership claim to wealth got denied. He has people on his team that are good with stocks. He did hop on the train for bitcoin and now loves it. So hes adapting and growing his financial education. Investing in on what he loves and you should too.
but by this logic, if he uses the money he gets from the loans / debt, then he will forever be in debt even though making money from renting properties etc. its the monopoly game all over again. once he pays everything back of the debt, then is pure profit...which is taxable, is it not?
![How To Invest In Real Estate Without Making These Mistakes - Robert Kiyosaki [The Rich Dad Radio]](http://i.ytimg.com/vi/A59IFiJyyDM/mqdefault.jpg)
![How To Invest In Real Estate Without Making These Mistakes - Robert Kiyosaki [The Rich Dad Radio]](/img/tr.png)
![[Live] : ONE 169 วันนี้!! "อนาโตลี vs อูมาร์"](http://i.ytimg.com/vi/IK3YZVWuFJg/mqdefault.jpg)
“You cant shrink your way rich” .. that one resonated deeply
It is about expansion, value creation, impact, and solving big problems. YES
Agree! Deep!
Garrett Gunderson Thanks for this interview. It was really helpful!
Same.
My school introduced me to Garrett Gunderson, one of the best people I could’ve come across along with Kiyosaki ! This is appreciated, seriously needed this!
Nice! What school was it? Elementary, high school, or college?
Wow! Actually a good school! (Private?)
This is literally the best video on TH-cam right now, so many gems. I was once a financial planner...lol
Holy shit. Wow, thanks so much for the compliment of this interview. Wow.
@@GarrettGundersonTV 00000
@@GarrettGundersonTV llil lol 😂 uk juju is OO jmu
Uiuujloilolll lol iolppp lol poo ok🔥π|}÷\•||•|e48 likiy Ii
I'm III III i pp
Liki idea to t our pu monopoly in o
I can't believe it has taken me this long to listen to Robert Kiyosaki. I heard of him several years back. I took the leap and quit my dead-end job 6 months ago. I'm hungry as hell and its either sink or swim at this point. I just wish I had done this years ago.
Huge impact on me in my early 20s, better late than never.
Best of luck! My husband has his job and works his own hustle trying to make a business but its a 2 person army him and I. Hope we can definitely get our shit together.
I'm learning real estate, credit, and I'm an entrepreneur. Teaching what you learn is key to me.
Great point.
This is an old video. 2015 but it's still relevant.
Yes it is, thanks.
Great talk from both. Everything about the man on the left speaks power - looks, hair, voice, tempo, his words.
Hey, thanks for the kind comments.
I dropped out of high school and became an oil driller for a short period, but I was financially shortsighted. Scared of tackling debt, scared which career path when prices fell, etc. Now I need leverage but don't have credit. I'll promise myself that I need to TRY to raise funds. Once I see an asset producing flow, it'll jumpstart me
I lived like a roughneck, Rob. I saw Eric Trump in Aspen a few years ago! And 3 weeks ago I met Hans Cantrup; once the largest landowner in Aspen. Trump looked at taking over his distressed property in 89. Small world.😉
Good conversation, I am in the middle class, looking to take the steps to become rich. They discussed to poor and middle class and how the rich select people but they did touch on how to move from middle class to rich. A little more detail on how to move between the two would have been helpful.
I can get you a lot more detail in another video, just send me specific questions to askthemoneynerds.com
The 6 million dollar woman is living life on her terms! I read Rich Dad and his other books years ago. I grasped the concept but was deep in debt and didnt understand how to dig my way out. Fast forward, Coivd has awakened me, I am not where I desire. Being 57, looking towards the future with mutual funds, Edelman Financial Engines is not comforting. This is where my head is- (example) Invest 1000 into an asset that will bring cash flow. pull out the initial investment of 1000 and invest in another income producing asset. Rinse/repeat. Pull from the cashflow to make larger investments while tapping debt to grow. Continue to learn as the money flows. I do not desire to be filthy rich. My goal is to live life on my terms and teach my kids the process. At one time, I wanted to leave them a huge inheritance, I still desire to leave them some but to teach them to live life on their terms with little risk- That is the goal.
This is it! Love your comment
Hi, have any asset example investments to share, to get started?
YOU ARE LESS LIKELY TO GET "WEALTHY" WORKING FOR SOMEONE ELSE AS AN EMPLOYEE. WORD!!!
So bottom line u saying is get fired and become an entrepreneur and educate yourself to become better.
Robert is doing interviews all over the internet rn. You should do another collab with him.
Cool. Hope you are well.
This was very valuable & engaging. Loved it
That means a lot, thank you. Just finished up two big days of filming. More to come!
I have no desire to be rich; My brother in law is very rich (3.7 billions Euros, and own a private Airport ), but his life evolves around ways to avoid tax and rubbing elbows with law makers. Soo boring and too much liabilities. --- I am following my mother’s footsteps: Comfortable debt-free middle-class ---- She bought a house in Kent, Connecticut NY at 50 using her saving and take a short-term mortgage (10 years), and rent out her two-bedroom apartment in the Upper West Side, just after she got a divorce from our father. This was 1998. Fast foreword 2020; at 73, she now owns an additional studio in the East Village in Manhattan, live in it, and rent out both her house in Kent, Connecticut and her two-bedroom apartment in the Upper West Side. She is not rich, very comfortable, having Zero Debt, and Zero headache. She is in control 100% of her time, unlike my super rich brother in law. ----- I am aspire to follow her footsteps, but in North Africa, Morocco to be precise, where there is a big market for European retirees. ----- We, my family, are not risk taker. So having small-to-zero debt is an important factor to us.
This is wisdom. You have to know what you want in life. I definitely dont want to be poor, but being comfortably middleclass appeals to me more than being outright rich rich. It seems like their lives revolve around making and protecting money, which isnt my speed at all...
Great video!!! Can u and Robert make a video on the first couple of steps to accumulating cash flow?
I sure can.
@@GarrettGundersonTV Did this get made?
I'm reading this book now. I've already increased my cashflow by 1k a month! Pretty sure I can become financially free by the end of the year.
Wow. That is killer.
Roberts or Garrett’s book?
@@bryanverduzco7322 rich dad changed my thinking 9 years ago. Killing sacred cows brought it to the next level.
This has been the most eye opening discussion I've heard all year, especially as I seek opportunity in this COVID crisis. Thank you so much for posting! Making the change NOW!
Nice.
What changes would those be? Curious. What are you doing now that will do different
The best......you guys truly tell things how they are....God Bless
Thank you Robert for your Wisdom
Where i am from, unlike in the US, our banks don't give loans based on your credit score. They look at your income minus all your current debt and then see if you have enough to go...after also taking into consideration your living expenses. Inspite of the value of the real estate which would be the collateral, banks here aren't giving you the loan if you could not prove you have enough income to repay your loan.
Using credit score to qualify a borrower was the reason behind the 2008 mortgage crisis in the US.
Rich dad's way of getting rich isn't as easy for people with little or no income to begin with where i come from.
I resonate with both these gentlemen.
Thank you Mr. Kiyosaki. Once I got a call from your team of advisors and thought they wanted my little money I have. But I get it today its all about financial education. Will definitely answer the call next time. Again thank u for educating my mindset and Garrat. Thanks.
Im here in 2021, i always did what dave ramsey says. I will follow the rules of the rich! 😁 anything and everything i put my mind on i accomplish.
For Guidance/Questions and tips on how to grow your portfolio....
Where is the list of “education”? Thank you
How do you find out what’s the best financial education for ones self?
Wealthfactory.com/megakit is a great place to start. Two of my books, cash flow guide and resources on me. You end up in our system and we send regular content.
Life is like game ,lose or to win .sometimes rich,sometimes poor .good combination. Life’s beautiful if known how to handle. I loved Lamborghini 🚀.thanks for your lovely n funny conversations .i bought Rich dad n poor dad very interesting 📚.God bless and peace grace to all of us.❤️🌎
@GarrettGunderson - This is the second time I have watched this. The first time I watched this videos years ago, I really thought you were a real arrogant jerk. I kept watching because I read Rich Dad Poor Dad and respected Robert's advice. After reading three of your books and watching several of your TH-cam videos, I know that you are just trying to wake people up to the sacred cows we blindly follow. The arrogance I perceived was really just confidence of wisdom that you have to share to people like myself. Thankfully, I have not held on to the idea that I know so much, I want to continue to learn and hire people who are a lot smarter than me. Grace and peace to you and your family!
Wow, I do have some real intensity to me and sorry if that ever comes across as arrogant. I am sure I have been arrogant at times. I listened to a radio show I did back in 2007- arrogant. Which means I expect others to love me more than I loved myself at the time and I was just jealous or insecure. I’ll keep working on putting out great value and on being a better human. Glad to be connected.
@@GarrettGundersonTV Thanks for the reply. Like I said, I see it as confidence now. Grace and peace to you! Thanks for your honesty. Believe me, I have had that as an issue myself.
Why is this 2017(?) video running in 2020 and no note is provided regarding that? A good description of Gunderson's book on Amazon:
2.0 out of 5 stars Very basic concepts, euphemisms
Reviewed in the United States on November 18, 2017
Format: Kindle EditionVerified Purchase
Perhaps this book will appeal to the vast majority of fear-based, financial illiterates, but not to anyone who has a from command of what it takes to align with your highest purpose, create value, build a rewarding career or business, and live well within your means.
I love risk. Now how do I get started? Well I opened my own company and I am working on that educational right knit network. The ladies that are joining me are as excited and truly invested as I am. Good start?
Get me details and I’ll answer in more detail through video: AskTheMoneyNerds.com
Stock is the oldest online market we have done in the past years, We employ it because of the highest quality services it renders and how successful it is, today we now say crypto currency too, I'm just saying that people should develop the habit
A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol
This lady is no joke, she is genuine when it comes to technical analysis also the best expert you can entrust your portfolio
I've made over ten thousand bulks profit with her.... highly recommended
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as she is the best broker I ever seen
As a beginner how do I get into Bitcoin investment I'm interested
Poor class : spending all the social program's money every 1st of the month , try to buy whatever the rich class buy , making conspiracy on rich.
Middle class : working 40 hrs for someone or self employee up to 60 hrs
Spending whatever they are making.
Rich class : focusing on financial education trun capital into asset and business , using cash flow and enjoy the luxury life.
Allen Shwz well sad. Can’t agree more on conspiracy theories about rich by poor. 👍
Lol yes I'm sure those 200 a month will pay for their Bentleys
My name is Care - Honestly, it is not a conspiracy theory.
The poor and middle class chase money and work hard all their lives. The rich chase financial education and work smart all their lives.
@@jameslittleofficial Like the way you said it, couldn't have said it better my self.
I'm almost 27 and still don't know what career path i want to take. I started investing in Agu 10 2020 in a robo advisory (starting a Roth IRA that only got 10% may seem like low interest investments, but it's a start) I personally budget by the penny, plan my budget for the year (not month) and recalculate to make sure im on track every week and month. Some people have suggested i be an accountant but i don't know. Any advice?
Truly it’s up to you. But if you enjoy that and are good at it (you can provide value to an employer) go for it. Also, if you’re beginning to invest in your ROTH IRA, I strongly recommend learning about index funds and how they can help you build wealth.
The inflation rate offsets any interest you earn on your savings, so it's stupid to try to use even a high yield savings account to try to build wealth, because none of them offer interest rates that are higher than the inflation rate.
You can have all the money in the world - The OWNER still owns it all at the end of the day.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO BUTI THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading,! just don't know what I do wrong
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@@juanfrancisco285 I will advice you should stop trading on your own if you keep losing and start trading with Mrs Alexander Robert trading services
@@emiliobracamontes9484 Wow I'm just shock you
mentioned and recommended Expert Mrs Alexander Robert I thought I'm the only trading with her
@@xavierreginald9536 You don't need to be shock because I'm also a huge beneficiary of expert Mrs Alexander Robert
I just realised I bought my home with 0% my money. Dave ramsey helped me get out of my car loan and other high interest loans. Robert helping me use debt to get rich awesome
Poor: debt, spending with interest on stuff that produces no cash flow. Rich: debt, spending on things that creates cash flow. I realized shortly after following Dave Ramsey on fb that according to his followers, I do everything all wrong. I did the debt snowball before I ever heard of that term. I like Dave Ramsey's advice for the poor and middle class but I soon realized it doesn't apply or work for the rich, so I unfollowed Dave on fb.
I drank the Dave Ramsey cool aid and then become debt free. I then realized that to make it to the next level you do have to use debt to acquire income producing assets. Dave Ramsey-Personal Life, Robert Kiyosaki-Business life.
@@josephcharles2098 agreed
30:37 books for each classes poor and middle
Quick query what happens if higher interest rates kicks in and growth stagnates... this strategy might not work.
Definitely could be an issue. Fixed rates are key.
You better listen and put into practice these concepts..it is your best hedge against poverty in old age. I KNOW THIS FOR A FACT.
You people don't understand. There is no 3 classes, there are only 2. Middle class is on the way to join the poor. Real inflation according to ShadowStatistics is about 10%. That is higher than any mutual fund. You may as well risk your money in a business venture anyways because no mutual fund on the planet is able to keep up with that. And don't forget capital tax gains that applies when you take your money out of stocks to actually buy stuff.
tell them that again. middle class became the new poor as of 2017 and that means there is now only the rich and the poor
So I want a rich mans boat but willing to eat a poor mans food. PB&J is also easy to store on my yacht! I now get it.
Question: How do you recruit these people to join your team?
Wealthfactory.com/private.
Please
Make a video of: how much or how to pay a team. Please how to negociate. What to offer. Please. No one teaches that.
I have a lot of content on this. Will have to consider if this is the right channel for it.
I learned there are 5 ways to pay someone: salary, bonus, non-monetary incentives, team bonus, stock options. Consider paying less salary and more upside as people impact the bottom line.
I know that Robert is a real estate guy. Thing is here in Germany today the prices for real estate went through the roof. They are so expensive that the roi isn't worth it anymore in over half of the bigger cities in Germany, more or less. Thing I would like to know, since everybody from the middle class went into real estate at least here in Germany since the money from the banks is cheap, I would like to know where did the rich guys go to when there isn't much to earn anymore in real estate. What is the cash flow producing asset after real estate? Or am I looking at it the wrong way? Are the rich are just sitting this one out and are waiting for the crash?
Where & How does one begin to build there team when you don’t know anyone with this mindset?
GarrettGunderson.com. Check out cash recovery or cash cabin. We build teams.
Overall it's brilliant. They're both relaxed and challenging the audience. But I'd just like to ask them why they say "mutual fund" over and over without really mentioning index funds. Also, why would a long term investor care about a downturn that the market will recover from in a couple of years? And finally, would be great to hear examples outside of real estate of how to use debt.
Garret let Robert talk more!
Yes
Eye opener 👀 👌. Cash flow 🎉
Thanks
I really like this down to earth advice
Thank you. Great to hear.
Best advice thank you jesus
Nice job Mr. Kiyosaki! 2.5% is basically free money.
I love this, thank you
how would you keep money for your kids future without a 529 plan?
Thanks i need this
You are welcome.
Hi, Garrett, thank you.
What if you have the funds but limited knowledge about the players in the industry. How do go about validating a trusted team for your portfolio structure? Cheers,
Yea, that is a tough one. I have my due diligence team. Norm my chairman. Andrew my attorney. My wife and her intuition. We actually have a long process at Wealth Factory to do this. We begin with an application process. We ask to speak to some of their existing clients. Ask for advice they would give us. Have them read my book Killing Sacred Cows, have them attend our event....etc. So not practical for others to have this. You can go to wealthfactory.com/private to apply to work with our team. If you are doing it on your own, find one trusted person that you can use to help you assess all others.
@@GarrettGundersonTV Appreciate your input Garrett. Will get in touch with the WF members. Thank you for sharing 'Killing Scared Cows' Looking forward to future endeavors.
I’m glad that I saw this because I bought and read, What Would the Rockefeller’s Do? and I like that I’m getting Robert’s perspective on Garrett.
If someone buys silver, where will they sell it for a fair price when it's needed? This question keeps me away from buying silver.
Randalf Steward when it’s needed you’ll have no problem selling it! Precious metals will be used for bartering when the time comes! The elite only care about the elite! You’ll need it in the near future!
I have people that have bought and sold it for me. There is a good market out there for selling. I don’t own a ton, I prefer cash flowing assets and my businesses, but like it as a hedge.
How much money should you have in the bank and what should your credit score be to get a large debt from the bank
760 is a great score and good financials.
love from India, Garret & Robert, thanks for advise
Love right back at you. Thank you.
Great vid. Thank you
I've been poor and I've been rich, rich is better. - Sophie Tucker
Correction Robert...*****I love "INCOME PRODUCING" Debt****
Right!
True. Which is the opposite of what Jared Kushner has: “Expenditure producing debt”
Can it be established, wife equals liability?
Hi m from india and m concerned howz this debt will work here coz if I buy an apartment on loan the rent amount won't exceed the installment so no cashflow so any other suggestion
Same in South Africa
Can you talk more about annuities?
What does Robert think about Roth IRA’s?
Robert Kiwosaki was just trying to get you to say yes or no lol but you were going off on your expertise. No hate it was just a little funny. I liked the video
This was eye opening...
Great
GG hooked me with the early comment about the ACTUAL return of the S&P! I then knew he was the real deal.
Thank you
👍🏾👍🏾👍🏾👍🏾👍🏾
Great Content I Had To Listen This Twice.
Nice.
"Yku buy a house fir 80k, and some years later its worth a million". Kiyosako has a hard time making solid points.
That is somewhat true in Silicon Valley. Perhaps he meant some decades vs years.
Robert Kiyosaki never told us which real estate course he took that his dad felt he should take, although I'm going to buy the full package it would've been nice to know yet another life hack lol. @garrett gunderson
@GarrettGunderson - Do you happen to have the link to that article you were referring to in regards to the former vice president of retirement services at MassMutual who had to drive a limo?
I have a print out of it, from 2001 or 2002 in a box, but not a link.
@@GarrettGundersonTV I think an excerpt of it would be great in one of your wealth factory emails. Thanks for responding and keep spreading financial truth!
When he said pension plans and social security is empty, can someone explain what this means? Does it mean that a40 year old won't receive either when it's time, not even what they paid in?
Probably, unless a miracle happens and the government gets it act together.
Whats the proffesor name they talk at 13th min Steve harret?
Steve Harrop
I would like to know how to actually get good debt without tying up your cash. Even if you have a good business plan, the bank still wants leverage?
Portfolio bank could be helpful. Using Capital Leases with other people's credit. Two options.
@@GarrettGundersonTV Oh, wow. Thanks for responding. I will definitely research these. I'm interested in optimizing my steps to financial freedom. Your website is certainly intriguing, but I feel like there are still unanswered questions for me. The impression I get is that your service is best for people who already have something to work with (and probably priced for people who have something to work with as well). Would you say there is a suitable option for someone who is near the bottom rung? Is there a cost for initial consultation?
Robert looks young as hell. I think kicking it with a young buck pack, gittin rowdy at a bar helps
So... If you're a relative financial nobody, how do you build a team? The only people I have access to are the types of financial advisers who will sell me poor people's products
Start with like-minded individuals as a mastermind/accountability group. Learn from them weekly and give to them. I started with something called a Goal Cultivator group where I invited the smartest people I knew and could learn from. This built relationships and my income, then I was able to hire the right financial team. Check wealthfactory.com/private as well.
Bro born and raised in Utah! Do you do any events or mentoring?
We have events once or twice a month here locally. I do some mentoring. Go to RipWater.com and see the site where you can apply there. Life Elevated! Ha.
I attended an event a while back in San Antonio where one of the speakers was Garrett. He’s a pretty solid dude.
Great video
Thanks
Garrett... Your facial hair looks so good like this!!!!! Much more complimentary to your features than the beard at the length you have now (Nov 2020).
I really want to work at a gas station. Cause I want to help people and their cars. Cause doing what you like is more important than being rich.
Interesting, but I watched this video because I liked this man's long hair and actually learned a lot, lol. Thank you for sharing your knowledge.
Thanks for watching
where is that article on the Mass Mutual guy who lost it all
Love Robert Kiyosaki and buy his Books but he seems to think or want us to Believe that u Can't use the Stock Market to advance in life And then use that Money to buy Property And Learn to use Debt. Robert and his wife used Silver and a Credit Card to purchase A house so why not Money made in the Market !!!
Ya hes wrong about that
Frank Crocetti: Money is a claim to wealth. Use what ever means like stock, cash, bitcoin, bonds(all teriary wealth), or a high paying job that gives you the claim to wealth. Secure real wealth by buying primary natural resources like land, oil, real estate, gold and silver (primary wealth) where all wealth is created. Rinse and repeat for a few year. Get more claim to wealth $$$ to buy real wealth.🏠🏘🏫
Also remember Robert is a old timer but he is getting wiser on other ways to get more claim to wealth. He just doesnt like the stock market and is aware stocks can make you money. Its just most people think that's true wealth is just owing stocks. Remember what happen early this year... Most stocks ownership claim to wealth got denied. He has people on his team that are good with stocks. He did hop on the train for bitcoin and now loves it. So hes adapting and growing his financial education. Investing in on what he loves and you should too.
@Garrett Gunderson
I need a video on how you groom your hair. How do you manage to keep it so slick and healthy looking.
For Guidance/Questions and tips on how to grow your portfolio....
We’ve been hoodwinked!
Is this the the first interview?
but by this logic, if he uses the money he gets from the loans / debt, then he will forever be in debt even though making money from renting properties etc.
its the monopoly game all over again.
once he pays everything back of the debt, then is pure profit...which is taxable, is it not?
If you borrow money from the bank for a house and you don’t have enough cash flow don’t don’t you still have to pay off that debt?
For Guidance/Questions and tips on how to grow your portfolio....
Look for MENTORS. They can take you farther and faster.
Yes.
22:33 if you like being poor, then Suzi Orman -your teacher
For Guidance/Questions and tips on how to grow your portfolio....
Is that a Ptergium on Robert's left eye?
Did Robert farted at 3:35?
It sounds like a kitty meowing
Never ever i have been this early
Fun fact: Every one is born rich, not wealthy.
You want to why, check the debt clock
The stock market will hit 50,000 in the next 15/20 years.
Prius have no pickup. Yes Fast car!