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I have browse through some of the topic and have not seen any comment from him.
Did he ever reply back?
And what is all the scammers allowed here anyway? The webmasters should prevent them from posting.
Robert,
2 questions: for whom did you vote in 2000 and 2004? And given the fact the American economy has been prospering on debt and other country's good graces (essentially China buying our bonds (debt), where were your warnings during the Bush 43 Administration. Whoops, another question; where were you when Bush started 2 wars and squeeked through the Medicare Prescription Bill (of which neither were budgeted and for which we have not begun paying)?? What were your reactions to Secretary Paulson's demand our treasury hand over $750 billion to bail out the banks?? Where was your indiganation then Robert??
Where were you when the Bush Administration drove America into an economic gutter, Robert?? Just wondering.
Jim Meyer
The Overall blog is very helpfull for me. we can take more of information from this blog .
I am very happy to com on this blog.
Regards
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Robert, I hear what you're saying with the point of no return... do you think this is an opportunity to introduce a new currency for "the America's"? Is that why gold and silver are a smart investment... the metals would stay valuABLE during a transition wouldn't they? Is the Amero serious, AND what impact would that have on the rest of the world, just imagining for a moment that a new currency was introduced?
For example let's say you've borrowed $500 for the loan amount possibly the monetary fee could possibly be as high as $50 which can be considered far too high. Additionally this fee could continue to pile up when the borrower is not able to pay the loan A-1 PAM Plastering & Remodeling
Thanks for sharing such quality book. The book effectively serves the best assistance in financial issues. Think the book will appear as helpful for small business owners. New York finance
I'm new to this website but not new to Rich Dad, I've read a lot of his books and my husband and I are presently students of his partnership student program. As such I wanted to relate to what (rjbarrett) has written in reference to small business, I think that your statements were very correct! You must have a business plan and you must have a well thought out way of creating and keeping that plan affective, growing in this ever changing economical times your business must continue to grow and meet the customers of today, without that growth or that business a small business well fail!
My husband and I work for the Canadian Government but that's not easy either as we spend a lot of time away from each other while he's called into work many, many hours, including most evenings and some weekends. We decided to purchase four classes and have learned a lot and we are currently actively purchasing United States properties. We created our business plan and our Company, and we are moving forward with a well thought out plan in order to be successful.
My Grandparents started their real estate business and company back in the dirty 30's, and they did very well for themselves even during those times which in the USA is similar to today.
As a result my Uncles, and my father were all in real estate and small businesses and have done very well for themselves, in fact my father has been traveling all over the world for the last fifteen years, and has never had a financial difficult in his life.
Have a business plan and stay motivated, in the right business!
HAT177
There seem to be a lot of disadvantages that appear with pay day loans nowadays that people should consider before accepting such a loan. When compared to various financial products, the yearly interest from the loan can be expensive. For example let's say you've borrowed $500 for the loan amount possibly the monetary fee could possibly be as high as $50 which can be considered far too high. Additionally this fee could continue to pile up when the borrower is not able to pay the loan right away when this is due.
lwblock, It is unfortunate that you feel that way. I am 24 years old and come from a family where several members own their own small business. I have seen their struggles and effects of stress especially during this economy. But even with these challenges they have made things work, live in nice houses, can take vacations when they want, and plan work around them. For anyone who has read his post you should understand that sure business is full of headaches, but so do jobs, at least if you do not succeed it is because of your own lack of commitment, knowledge, delegation, or creative problem solving not because the boss had to fire you for any number of reasons. Not to mention you didn't even say what type of business you owned. Did you look into demographics, did you have a well thought out business plan or even a business plan at all. Was your business even an industry that was in demand. How could you have used the benefits of you business to allow you to explore other means of investing, or did you try to micro-manage so much that you became consumed by your business. Most of the business that I have personally seen go under at least left ahead. I think it is unfair of you to try to tell other people that owning a business is a scam and try to shoot down other peoples hopes when in most business are small businesses and if many of them weren't doing well then we obviously wouldn't have them today, some come some go its important to understand where the needs are and how to beat the competition.
Besides real estate (no bank will give a loan to the underemployed), and physical gold & silver, I am at a loss to find an asset for this ecomomy. Any suggestions?
I've read most of the Rich Dad books. I've lost faith in entrepreneurship after years of struggling with small businesses. It's not worth it.
I've never personally known anyone to take a small business and make it into something really worth owning. Most small business owners have jobs without benefits. It's a scam. Who is going to start all these new small businesses to create jobs. NOT ME I've had it with small business.
Most of the people I know who make a decent living and have a nice lifestyle have good paying jobs. And guess what! These are people who went to college and got a good job. Most of the small business owners I know have already went toast in this economy while the ones who went to school and got a good job are still doing fine.
As for me...I'm going to get one of those college required government jobs. Maybe I'll get a pension and maybe I won't. That doesn't mean I can't provide for myself on the side also. At least there is a chance that I WILL get a pension with benefits. Small business is a long hard road to nowhere and a waste of money.
Robert,
I read each new segment to your online book; I plead with my kids to read as well as my friends to pay attention to what you write.
But blaming the creation of Freddie Mac and Fannie Mae for today's depression. Come On, Robert. Where were you when President 43 started the tragedy in Iraq?! We haven't begun paying for that war, a war our nation was assured would cost at tops, $50 billion. You wanna talk public welfare! How bout the food industry, cotton farmers, the military industrial complex, foreign troops stationed all over the world. Who decided America was gonna be the world's policeman.
At times, Robert, you have selective (probably for political reasons) blame for this country's problems and many of them have to do with incomplete reasoning. Had President 43 is way Social Security would have become privatized...how bout them apples. Credit default swapping America's social security treasury!!
Where are you/were you all the time's America has undertaken one foreign misadventure after another all in the name of liberty and freedom when in fact the previous Administration was attempting to steal Iraq's oil reserves. And now we have to wait in line after China for new oil offerings and drillings.
Blaming Obama for a new depression. Huh??
BTW; you can't help out your family members who do not have health insurance!
What is the purpose for being so rich in the first place if you won't help your own flesh and blood.
Have to admit, Robert, you got me thinking. I love it when Conservatives blame the blameless but at least we both understand it's a rich man's world and it's they that control the media and what's taught in schools.
That's why the 'tea partiers' are so prevalent and so mistaken.
Jim Meyer
I just read the latest chapter. While I do not know all about U.S. health insurance, I am fairly sure that U.S. citizens pay more per capita than many countries for less service. Most countries regulate how much can be spent on management. While I agree that simply printing money is not a long term solution, I also think that the model used for providing health care in the U.S. needs reforming.
I'm tied down with debt. I make a good income and I am making ends meet, but cannot pay down any of my large debt balance. I'm considering debt settlement to eliminate it faster, but am concerned with how it will affect my credit because it has always been good (never late or missed).
I am concerned that settling will hurt my credit and more importantly will hurt my ability to leverage future investing. On the other side of things, if I see through the amount of debt I have, it could keep me trapped for a significant amount of time.
How badly is debt settlement viewed? Do I fight out of this large hole for ever, or do I suck it up and take the hit with settlement?
It seems the book does not really caption Nigeria situation all through simply because the way Nigerians behave to financial education is a purely negative emotions , what can we do?
Once i ask one of the business partner that why are still focusing on finding a job when you already have an business that also require your full attention to make it automated?
the respond i get is business is just an extra money into my pocket. i wan to find a more secure source of income.
this make think what really is my friend priority, although he is a great friend, discipline and have inspiration to be an entrepreneur.
although i understand what make you rich is what you do part time from Robert kiyosaki. but what concern me is that he rather concentrate on his family ( which undoubtedly understandable) and looking for a new job than spending very little time to build up reliable system for his business.
this seriously remind the 3 lesson i just learn from here. and it seems that my friend still letting the loser side to control him.
as his friend, what i can do that allow him to aware of his financial future or what to be expected for his dream?
Dear Robert,
Hello. I'm new to all of this but I did read your book "Rich Dad, Poor Dad." First book I ever finished. :) Anyways my question is that I got the money and want to buy real estate but my credit is REAL bad, what book or what do you suggest I should do? Thanks, Nara
Dear Robert Kiyosaki.
I'm from Kazakhstan and I was read your book "Rich dad, poor dad".
And I want to buy the game "Cashflow" in Russian lunguage. Please, tell me, how can I buy this game?
Thanks.
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I'm Jap, I'm from Thailand. I read a lots of your books. Now i've big problems about my familjy, they need me to be a teacher in government school but I don't like it. Do you know why, because I want to have my own business. They not agree. I cry every time when we talk about it. Now I'm 24 years old, i worked for school for one year and now I'm teaching Thai for foreigners. I love it but in Surin is not a lot of forienger. Now I would like to open a small shop for healthy drink and teaching but I don't have budget. Could you tell me What should I do? Plese contact me teachthai44@gmail.com
If you're going to encourage your loyal readers to ask questions, are you going to, at some point, take a moment to answer some of their questions?
If you are taking time to answer questions, here is one I could use some help with:
Q: if the country I live in goes bankrupt, what is the likely result of the following:
1. I own business where the services are likely to continue to be in demand
[Thinking: I will be able to continue operating but may have to accept gold as payment?]
2. I own gold and silver
[Thinking: I will be able to sell these once a new currency is established and will experience a high return as a result?]
3. I have cash in a savings account
[Thinking: it will become worthless unless I convert it into an asset before the country goes bankrupt?]
4. I have a job on a fixed wage
You continually speak about financial education and in order to go beyond your books, games and live speaking events to get more financial education I have turned to books from Amazon and am constantly seeking successful business owners and investors to learn from.
What I have yet to encounter is a really good source of information that answers the questions above, mainly, what are the specific results that would take place given the various scenarios above. For example, when Germany's currency crashed or when Argentina's lost most of its value, what impact did that have on business owners?
If anyone reading these posts can provide some insight or point out another source of information on these questions/ideas I would appreciate it.
The industrialized countries aims to overcome the crisis by delaying retirement age. The people who are retiring have already paid for this benefit and if the government continues to squander the revenue will soon be in the same situation that we are now. The problem is fear of the investor to invest because of lack of security, particularly in the construction which is virtually stopped, and fear of the buyers to spend what they have and lose their job, is this the time to buy or not real estate?
It's been a while since I read the first Rich Dad, Poor Dad book but I recall that within the pages of it Robert warns that by the time the 'average' investor catches wind of the next great money maker (eg. the silver he suggested investing in) the boat has probably already left. Is this the case with silver now? Am I too late?
I live in uganda in Africa but the dollar is gaining strenght against the shilling.It is not true that the dollar is losing value which brings me to the subject of gold and silver and their values.Don't you think we(the world) are just indoctrinated that these have value and that when we awake they will be worthless apart from decorating ladies and artist etc?
Should I leave the country or start a business and stay in the country? Or just buy silver? After reading almost all RD books we (me and my wife) have started a business, but I don't know how bad the situation in the country could get? On the one hand the governement is offering incentives to invest in the country and on the other hands investors are living the country?
How can I help my country? Could I have a RD franchise and help people?
How dare "they" call social security an "entitlement" - like we're on the dole of big government. As I see it, I have paid into this fund my entire working life. It is not my fault that those in charge of keeping it safe did just the opposite. How dare they now start talking about reducing benefits and increasing age requirements. It's just like when "they" were telling us to "invest in the stockmarket if you want to retire with any money". "They" then caused the biggest stock market crash in history with all our retirement funds. What in the world have "they" been doing with our social security money????
Robert THANKS so much for your book COR. It is your book that has propelled my husband and I into trying to prepare for the worst and hope for the best.
I've never bought silver or gold, do I just go to the bank and say "hi banker, I want to buy silver"?
Then what do you get? Do you get to take physical silver in your unsecured home or in the safe you have to rent at the bank or just a paper that says you own the metal that is stored somewhere?
Robert your Feb 23rd 2010 post is bang on, everyone needs to learn how the fill the asset side of there balance sheet, because these are the best of times to do this. Lots of people say I dont know how to invest in precious metals or real estate its 80% up to the persons reality and 20% of skills that can easily be learned.
The “conspiracy of the rich” book doesn’t explain how the game can exist. (law jurisdiction)
Jurisdiction and Contracting
In $ociety, I have a "player" a "per$on" (a legal fiction) who gives me the jurisdiction to enter the game... (paper work)
The per$on contracts in commerce Jurisdiction, (maritime admiralty law)
my "player" /per$on is subject to its legislation, statues and acts.
Understanding Jurisdiction is far more important than the "fiat money" game.
Words in a law dictionary have a different meaning, to an English dictionary!!!.
Legalese is the vocabulary of super rich.
I am an avid read of Robert's books. I recently registered on this site but can't read the book. A black screen is all what appears on my screen. What to do?
fallacy:
Short term investments are risky, long term investments are safer
Truth:
1.Any Investment left Passive, & not monitored Actively, is a risky investment.
2. All longterm investments are nothing but the results of many short term decisions not to exit out of the investment at a point in time, for whatever reason.
3. any passive longterm investment fails to take advantage of one of the key dynamic factors driving markets: Price - Volatality. Bankers/ astute professionals are always active investors & unfortunately, financiall ignorant investors are passive investors
4. Any investment that was not profitable, becomes a longterm investment ....Bitter truth:No one likes to realise losses, hence keeps postponing the exit decision & hey, no problem, its a longterm investment.
Previously they used to say that Market forces will take care of this promblem or that problem. Now when they are in loosing position they started crying Bailout , Bailout !?
Its is a foul & should not be accepted.
Can a new regime be evolved.
How its possible ?
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Question: I want to buy a home, how much should it cost?
This was posted on a website where you can compare mortgage rates , called Lender411.com
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A real insight into the world of investing.
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It’s hard to find knowledgeable people on this topic, but you sound like you know what you’re talking about! Thanks
Thanks,
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I have browse through some of the topic and have not seen any comment from him.
Did he ever reply back?
And what is all the scammers allowed here anyway? The webmasters should prevent them from posting.
Robert,
2 questions: for whom did you vote in 2000 and 2004? And given the fact the American economy has been prospering on debt and other country's good graces (essentially China buying our bonds (debt), where were your warnings during the Bush 43 Administration. Whoops, another question; where were you when Bush started 2 wars and squeeked through the Medicare Prescription Bill (of which neither were budgeted and for which we have not begun paying)?? What were your reactions to Secretary Paulson's demand our treasury hand over $750 billion to bail out the banks?? Where was your indiganation then Robert??
Where were you when the Bush Administration drove America into an economic gutter, Robert?? Just wondering.
Jim Meyer
The Overall blog is very helpfull for me. we can take more of information from this blog .
I am very happy to com on this blog.
Regards
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Robert, I hear what you're saying with the point of no return... do you think this is an opportunity to introduce a new currency for "the America's"? Is that why gold and silver are a smart investment... the metals would stay valuABLE during a transition wouldn't they? Is the Amero serious, AND what impact would that have on the rest of the world, just imagining for a moment that a new currency was introduced?
For example let's say you've borrowed $500 for the loan amount possibly the monetary fee could possibly be as high as $50 which can be considered far too high. Additionally this fee could continue to pile up when the borrower is not able to pay the loan A-1 PAM Plastering & Remodeling
That sound very interesting,jucarii
Thanks for sharing such quality book. The book effectively serves the best assistance in financial issues. Think the book will appear as helpful for small business owners.
New York finance
I'm new to this website but not new to Rich Dad, I've read a lot of his books and my husband and I are presently students of his partnership student program. As such I wanted to relate to what (rjbarrett) has written in reference to small business, I think that your statements were very correct! You must have a business plan and you must have a well thought out way of creating and keeping that plan affective, growing in this ever changing economical times your business must continue to grow and meet the customers of today, without that growth or that business a small business well fail!
My husband and I work for the Canadian Government but that's not easy either as we spend a lot of time away from each other while he's called into work many, many hours, including most evenings and some weekends. We decided to purchase four classes and have learned a lot and we are currently actively purchasing United States properties. We created our business plan and our Company, and we are moving forward with a well thought out plan in order to be successful.
My Grandparents started their real estate business and company back in the dirty 30's, and they did very well for themselves even during those times which in the USA is similar to today.
As a result my Uncles, and my father were all in real estate and small businesses and have done very well for themselves, in fact my father has been traveling all over the world for the last fifteen years, and has never had a financial difficult in his life.
Have a business plan and stay motivated, in the right business!
HAT177
Starting to understand a bit more now... Thanks for keeping it simple!
Life Insurance
Insightful piece, thanks a lot!
business car finance
There seem to be a lot of disadvantages that appear with pay day loans nowadays that people should consider before accepting such a loan. When compared to various financial products, the yearly interest from the loan can be expensive. For example let's say you've borrowed $500 for the loan amount possibly the monetary fee could possibly be as high as $50 which can be considered far too high. Additionally this fee could continue to pile up when the borrower is not able to pay the loan right away when this is due.
lwblock, It is unfortunate that you feel that way. I am 24 years old and come from a family where several members own their own small business. I have seen their struggles and effects of stress especially during this economy. But even with these challenges they have made things work, live in nice houses, can take vacations when they want, and plan work around them. For anyone who has read his post you should understand that sure business is full of headaches, but so do jobs, at least if you do not succeed it is because of your own lack of commitment, knowledge, delegation, or creative problem solving not because the boss had to fire you for any number of reasons. Not to mention you didn't even say what type of business you owned. Did you look into demographics, did you have a well thought out business plan or even a business plan at all. Was your business even an industry that was in demand. How could you have used the benefits of you business to allow you to explore other means of investing, or did you try to micro-manage so much that you became consumed by your business. Most of the business that I have personally seen go under at least left ahead. I think it is unfair of you to try to tell other people that owning a business is a scam and try to shoot down other peoples hopes when in most business are small businesses and if many of them weren't doing well then we obviously wouldn't have them today, some come some go its important to understand where the needs are and how to beat the competition.
Besides real estate (no bank will give a loan to the underemployed), and physical gold & silver, I am at a loss to find an asset for this ecomomy. Any suggestions?
I've read most of the Rich Dad books. I've lost faith in entrepreneurship after years of struggling with small businesses. It's not worth it.
I've never personally known anyone to take a small business and make it into something really worth owning. Most small business owners have jobs without benefits. It's a scam. Who is going to start all these new small businesses to create jobs. NOT ME I've had it with small business.
Most of the people I know who make a decent living and have a nice lifestyle have good paying jobs. And guess what! These are people who went to college and got a good job. Most of the small business owners I know have already went toast in this economy while the ones who went to school and got a good job are still doing fine.
As for me...I'm going to get one of those college required government jobs. Maybe I'll get a pension and maybe I won't. That doesn't mean I can't provide for myself on the side also. At least there is a chance that I WILL get a pension with benefits. Small business is a long hard road to nowhere and a waste of money.
Robert,
I read each new segment to your online book; I plead with my kids to read as well as my friends to pay attention to what you write.
But blaming the creation of Freddie Mac and Fannie Mae for today's depression. Come On, Robert. Where were you when President 43 started the tragedy in Iraq?! We haven't begun paying for that war, a war our nation was assured would cost at tops, $50 billion. You wanna talk public welfare! How bout the food industry, cotton farmers, the military industrial complex, foreign troops stationed all over the world. Who decided America was gonna be the world's policeman.
At times, Robert, you have selective (probably for political reasons) blame for this country's problems and many of them have to do with incomplete reasoning. Had President 43 is way Social Security would have become privatized...how bout them apples. Credit default swapping America's social security treasury!!
Where are you/were you all the time's America has undertaken one foreign misadventure after another all in the name of liberty and freedom when in fact the previous Administration was attempting to steal Iraq's oil reserves. And now we have to wait in line after China for new oil offerings and drillings.
Blaming Obama for a new depression. Huh??
BTW; you can't help out your family members who do not have health insurance!
What is the purpose for being so rich in the first place if you won't help your own flesh and blood.
Have to admit, Robert, you got me thinking. I love it when Conservatives blame the blameless but at least we both understand it's a rich man's world and it's they that control the media and what's taught in schools.
That's why the 'tea partiers' are so prevalent and so mistaken.
Jim Meyer
Hi,
I just read the latest chapter. While I do not know all about U.S. health insurance, I am fairly sure that U.S. citizens pay more per capita than many countries for less service. Most countries regulate how much can be spent on management. While I agree that simply printing money is not a long term solution, I also think that the model used for providing health care in the U.S. needs reforming.
How do I become a Rich Dad coach in Australia ... www.realestateedu.com.au philip Sigglekow author
I'm tied down with debt. I make a good income and I am making ends meet, but cannot pay down any of my large debt balance. I'm considering debt settlement to eliminate it faster, but am concerned with how it will affect my credit because it has always been good (never late or missed).
I am concerned that settling will hurt my credit and more importantly will hurt my ability to leverage future investing. On the other side of things, if I see through the amount of debt I have, it could keep me trapped for a significant amount of time.
How badly is debt settlement viewed? Do I fight out of this large hole for ever, or do I suck it up and take the hit with settlement?
Thanks.
I have a personal question/request. How can I contact you confidentially? Let me know at gdk200@hotmail.com
Thank you.
It seems the book does not really caption Nigeria situation all through simply because the way Nigerians behave to financial education is a purely negative emotions , what can we do?
Once i ask one of the business partner that why are still focusing on finding a job when you already have an business that also require your full attention to make it automated?
the respond i get is business is just an extra money into my pocket. i wan to find a more secure source of income.
this make think what really is my friend priority, although he is a great friend, discipline and have inspiration to be an entrepreneur.
although i understand what make you rich is what you do part time from Robert kiyosaki. but what concern me is that he rather concentrate on his family ( which undoubtedly understandable) and looking for a new job than spending very little time to build up reliable system for his business.
this seriously remind the 3 lesson i just learn from here. and it seems that my friend still letting the loser side to control him.
as his friend, what i can do that allow him to aware of his financial future or what to be expected for his dream?
wish the best of luck for this fellow.
Fascinating post - thanks. I thought your blog is highly engrossing. Cheers once more - I will return.
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It's very saddening to know that people don't give much to their friends that oftenly.
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Dear Robert,
Hello. I'm new to all of this but I did read your book "Rich Dad, Poor Dad." First book I ever finished. :) Anyways my question is that I got the money and want to buy real estate but my credit is REAL bad, what book or what do you suggest I should do? Thanks, Nara
Dear Robert Kiyosaki.
I'm from Kazakhstan and I was read your book "Rich dad, poor dad".
And I want to buy the game "Cashflow" in Russian lunguage. Please, tell me, how can I buy this game?
Thanks.
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I'm Jap, I'm from Thailand. I read a lots of your books. Now i've big problems about my familjy, they need me to be a teacher in government school but I don't like it. Do you know why, because I want to have my own business. They not agree. I cry every time when we talk about it. Now I'm 24 years old, i worked for school for one year and now I'm teaching Thai for foreigners. I love it but in Surin is not a lot of forienger. Now I would like to open a small shop for healthy drink and teaching but I don't have budget. Could you tell me What should I do? Plese contact me teachthai44@gmail.com
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Robert,
If you're going to encourage your loyal readers to ask questions, are you going to, at some point, take a moment to answer some of their questions?
If you are taking time to answer questions, here is one I could use some help with:
Q: if the country I live in goes bankrupt, what is the likely result of the following:
1. I own business where the services are likely to continue to be in demand
[Thinking: I will be able to continue operating but may have to accept gold as payment?]
2. I own gold and silver
[Thinking: I will be able to sell these once a new currency is established and will experience a high return as a result?]
3. I have cash in a savings account
[Thinking: it will become worthless unless I convert it into an asset before the country goes bankrupt?]
4. I have a job on a fixed wage
You continually speak about financial education and in order to go beyond your books, games and live speaking events to get more financial education I have turned to books from Amazon and am constantly seeking successful business owners and investors to learn from.
What I have yet to encounter is a really good source of information that answers the questions above, mainly, what are the specific results that would take place given the various scenarios above. For example, when Germany's currency crashed or when Argentina's lost most of its value, what impact did that have on business owners?
If anyone reading these posts can provide some insight or point out another source of information on these questions/ideas I would appreciate it.
The industrialized countries aims to overcome the crisis by delaying retirement age. The people who are retiring have already paid for this benefit and if the government continues to squander the revenue will soon be in the same situation that we are now. The problem is fear of the investor to invest because of lack of security, particularly in the construction which is virtually stopped, and fear of the buyers to spend what they have and lose their job, is this the time to buy or not real estate?
It's been a while since I read the first Rich Dad, Poor Dad book but I recall that within the pages of it Robert warns that by the time the 'average' investor catches wind of the next great money maker (eg. the silver he suggested investing in) the boat has probably already left. Is this the case with silver now? Am I too late?
I live in uganda in Africa but the dollar is gaining strenght against the shilling.It is not true that the dollar is losing value which brings me to the subject of gold and silver and their values.Don't you think we(the world) are just indoctrinated that these have value and that when we awake they will be worthless apart from decorating ladies and artist etc?
Should I leave the country or start a business and stay in the country? Or just buy silver? After reading almost all RD books we (me and my wife) have started a business, but I don't know how bad the situation in the country could get? On the one hand the governement is offering incentives to invest in the country and on the other hands investors are living the country?
How can I help my country? Could I have a RD franchise and help people?
How dare "they" call social security an "entitlement" - like we're on the dole of big government. As I see it, I have paid into this fund my entire working life. It is not my fault that those in charge of keeping it safe did just the opposite. How dare they now start talking about reducing benefits and increasing age requirements. It's just like when "they" were telling us to "invest in the stockmarket if you want to retire with any money". "They" then caused the biggest stock market crash in history with all our retirement funds. What in the world have "they" been doing with our social security money????
Robert THANKS so much for your book COR. It is your book that has propelled my husband and I into trying to prepare for the worst and hope for the best.
http://www.youtube.com/watch?v=eAaQNACwaLw
The link above is a theory that it doesn't matter if it's a republican or a democrat in office and the message is frightening at best.
What to do?
I've never bought silver or gold, do I just go to the bank and say "hi banker, I want to buy silver"?
Then what do you get? Do you get to take physical silver in your unsecured home or in the safe you have to rent at the bank or just a paper that says you own the metal that is stored somewhere?
Robert your Feb 23rd 2010 post is bang on, everyone needs to learn how the fill the asset side of there balance sheet, because these are the best of times to do this. Lots of people say I dont know how to invest in precious metals or real estate its 80% up to the persons reality and 20% of skills that can easily be learned.
The “conspiracy of the rich” book doesn’t explain how the game can exist. (law jurisdiction)
Jurisdiction and Contracting
In $ociety, I have a "player" a "per$on" (a legal fiction) who gives me the jurisdiction to enter the game... (paper work)
The per$on contracts in commerce Jurisdiction, (maritime admiralty law)
my "player" /per$on is subject to its legislation, statues and acts.
Understanding Jurisdiction is far more important than the "fiat money" game.
Words in a law dictionary have a different meaning, to an English dictionary!!!.
Legalese is the vocabulary of super rich.
Regards
I am an avid read of Robert's books. I recently registered on this site but can't read the book. A black screen is all what appears on my screen. What to do?
sharad
fallacy:
Short term investments are risky, long term investments are safer
Truth:
1.Any Investment left Passive, & not monitored Actively, is a risky investment.
2. All longterm investments are nothing but the results of many short term decisions not to exit out of the investment at a point in time, for whatever reason.
3. any passive longterm investment fails to take advantage of one of the key dynamic factors driving markets: Price - Volatality. Bankers/ astute professionals are always active investors & unfortunately, financiall ignorant investors are passive investors
4. Any investment that was not profitable, becomes a longterm investment ....Bitter truth:No one likes to realise losses, hence keeps postponing the exit decision & hey, no problem, its a longterm investment.
Previously they used to say that Market forces will take care of this promblem or that problem. Now when they are in loosing position they started crying Bailout , Bailout !?
Its is a foul & should not be accepted.
Can a new regime be evolved.
How its possible ?