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Someday You'll Lose Everything -Robert Kiyosaki 

The Rich Dad Channel
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Robert Kiyosaki and Rich Dad Advisor, Garrett Sutton, discuss how the rich use strategies to protect their assets for generations. One important lesson is that the poor own everything and the rich own nothing. We dive into discuss the different entities entrepreneurs needs to know about and which one protects your assets the best. Handshake agreements with someone can be the biggest mistake you make, and we speak from experience after all the lawsuits we’ve been through.
Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them: amzn.to/2OgHWjx
Run Your Own Corporation: How to Legally Operate and Properly Maintain Your Company Into the Future: amzn.to/2mNXVcx
Best known as the author of Rich Dad Poor Dad-the #1 personal finance book of all time-Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books-Why the Rich Are Getting Richer and More Important Than Money-were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
#robertkiyosaki #richdadpoordad #millennialmoney
www.richdad.com
Facebook: @RobertKiyosaki
/ robertkiyosaki
Twitter: @TheRealKiyosaki
/ therealkiyosaki
Instagram: @TheRealKiyosaki
/ therealkiyosaki

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9 янв 2019

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Комментарии : 3 тыс.   
@anthonywright3829
@anthonywright3829 3 года назад
Success is not built on success. It's built on failure. It's built on frustration. it's built on fear that you have to over come. I pray that anyone who reads this will be successful in life.
@christopherrichard2930
@christopherrichard2930 3 года назад
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time.
@monicamaria1960
@monicamaria1960 3 года назад
You Are Right Sir .
@monicamaria1960
@monicamaria1960 3 года назад
Most People Don’t invest Due To Ignorance. But Are There Really Any Good Ideas 💡 for a Profiting investment with little capital?
@christopherrichard2930
@christopherrichard2930 3 года назад
@Ruben Mark I’ve been making a huge returns from my investment since I met Pamela Morgan, a professional crypto currency investor.
@christopherrichard2930
@christopherrichard2930 3 года назад
+1 (7 0 4) 8 0 2 - 2 1 7 2
@AmusementForce
@AmusementForce 4 года назад
Moving out of the US is the best form of asset protection.
@oscartur3747
@oscartur3747 3 года назад
Right! I was thinking the same. I live in Spain and of course the Rich and not so rich has companies but just for puting limits to your bussiness responsability, is not so dangerous as in USA to have properties in your personal name.
@apricotcomputers3943
@apricotcomputers3943 3 года назад
I moved to Asia and Africa for protection. Just virtually live in the U.S. better than wearing a condom
@tanbir11
@tanbir11 3 года назад
lol i was thinking the same. while there are advantages to placing assets into a corporation, there also draw backs especially when your thinking of selling and eventually using the profit for a personal reason. I live in Canada and the only reason you would put something under a corporation is for tax incentives (a very good reason), we have laws and protection when an individual is being sued and their are limitations. We also have insurance protection by the government , where they step in to compensate entire population is under the same policy.
@apricotcomputers3943
@apricotcomputers3943 3 года назад
@@tanbir11 there*
@taranchenkoigor
@taranchenkoigor 3 года назад
Moving alone wont save you from IRS. If you have US citizenship no matter where you live, you still have to pay taxes to uncle Sam.
@ortiz9426
@ortiz9426 3 года назад
Be wealthy rather. Physical wealth - Health Time wealth - freedom Social wealth - status Financial wealth - money Invest in these.
@shanettedmtri6980
@shanettedmtri6980 3 года назад
Social wealth should also include friends, my life, I have the best of friends, got my I.T through friends, got my financial breakthrough through one: now I am on my way to financial freedom through friends.
@ortiz9426
@ortiz9426 3 года назад
@@shanettedmtri6980 True. Friends are a form of wealth. My first 5-figure was made for me by the reputable Mrs Joyce which was a referral from my friend.
@richardsonpat4336
@richardsonpat4336 3 года назад
@@ortiz9426 Surprised to see you know Mrs Joyce too, joined her since I left med school back in 2017. It has been life changing.
@jimsunny3707
@jimsunny3707 3 года назад
Greatness they say can't be hidden. I am also a proud investor with Mrs Joyce, also enrolled with fortune academy. I would advise no more comments about Mrs Joyce, the youtube community would think we are bots and think Mrs Joyce is a scam.
@timothygibbs8903
@timothygibbs8903 3 года назад
@@jimsunny3707 True. CRYPTOCURRENCY IS REAL TRADING IT, HODLING IT, INVESTING IT IS REAL FORTUNE ACADEMY IS REAL. This they fail to realise, for what you've not tried once you become a scam exposer. . . Like stfu my guy.
@mrq8402
@mrq8402 4 года назад
Someday you'll lose everything. It's called death.
@markwhittaker6866
@markwhittaker6866 4 года назад
@Reality Cheque PREACH!
@michaelking4578
@michaelking4578 4 года назад
@J White If you are a believer in Jesus Christ our existence (that is believers in Jesus Christ only) after this life is better than can be imagined.
@benkuhns230
@benkuhns230 4 года назад
@Reality Cheque BRILLIANT!
@bitcoinbull6564
@bitcoinbull6564 4 года назад
But I can earn as much as I possibly can to give to my children for their safety and security. Its how you protect your family and keep your wealth alive!
@iwontreplybacklol7481
@iwontreplybacklol7481 4 года назад
Rich think they'll live forever, so they hoard all the wealth, control everything and exploit everyone for financial gain. I don't care their best intentions to make themselves feel better about themselves, to get really rich you have to exploit people in some way or another.
@GTR-93
@GTR-93 5 лет назад
Robert teaches so much so that no matter how many Degrees we have, this information cannot be found in any university #ForzaRobertKiyosaki
@rokyericksonroks
@rokyericksonroks 5 лет назад
Actually, I must say, I agree.
@lok6314
@lok6314 5 лет назад
still don't get it? It is made sure this shit doesn't get into university....what does that say about those who are in control....99% are sleeping in this world
@j.d.mccloud2866
@j.d.mccloud2866 5 лет назад
Not only is it not taught, the info is being actively suppressed, demonized, lied about, smear campaigned, presented as misinformation and disinformation. What does this tell you about the information? If it was not true there would be no need for this level of involvement
@4homemail
@4homemail 5 лет назад
You don’t need to get a degree to learn this. If you own a business you will know this.
@RedactedNews
@RedactedNews 5 лет назад
That's absolutey 100% accurate. Most teachers have never done the thing they're teaching. I talked about that in my video on why people are poor: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0WnIgOMv-Zs.html
@philanimthombeni7887
@philanimthombeni7887 5 лет назад
The rich multiplies their money and poor people spend their money buying Liabilities created by the rich.
@rokyericksonroks
@rokyericksonroks 5 лет назад
Philani Mthombeni Yes! You learn quickly.
@Tampa0123456789
@Tampa0123456789 5 лет назад
Don't forget about the middle classes. They can qualify for loans so they load them selves up with debts to buy "' toys "
@reymondjames1726
@reymondjames1726 5 лет назад
@@Tampa0123456789 True.
@carlu1822
@carlu1822 5 лет назад
also you need to be extremely cheap.
@AB-ze2ho
@AB-ze2ho 5 лет назад
But for middle class we dont get access to certain investments.
@JustinScottInvesting
@JustinScottInvesting 4 года назад
The goal is to be rich without everyone knowing you are rich lol
@Pereranorm
@Pereranorm 4 года назад
Why?
@markwhittaker6866
@markwhittaker6866 4 года назад
Exactly!
@Veagence100
@Veagence100 4 года назад
xDD only way to be rich tbh, no way you gon come out alive being known rich
@okthennone
@okthennone 4 года назад
I’m poor and everyone knows it. :)
@rogergrubb
@rogergrubb 4 года назад
When people see you sailing that yacht, they'll know you're probably doing something right.
@skybyte4me
@skybyte4me 4 года назад
Some say that Robert is just selling his book, that may be true but hey these are still very valuable information!
@growthway5581
@growthway5581 3 года назад
Everybody should read the book...lol it's really good .
@Andrew-sx2st
@Andrew-sx2st 3 года назад
Lol at whoever complains about him trying to monetize his exposure.
@G.Franke
@G.Franke 3 года назад
No such thing as free information, or a free lunch.
@fikunayoiluyomade1542
@fikunayoiluyomade1542 5 лет назад
#SOLE REALLY STANDS FOR: Sued Once, Lost Everything
@erwee7329
@erwee7329 4 года назад
SOLE SOUL
@sarahpark5692
@sarahpark5692 4 года назад
😂 🤣🤣🤣👍🏻
@kevin080592
@kevin080592 3 года назад
sadly.. that is my reality now.. now im working myself up
@hunterpercentsnowboarding3840
@hunterpercentsnowboarding3840 3 года назад
Shit Out of Luck Eventually 😂
@ZAMIRFILMS
@ZAMIRFILMS 2 года назад
Shit Outta Luck Everytime
@fernadaaline9974
@fernadaaline9974 3 года назад
*WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.* *ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*That's why the rich invest and the poor don't.*
@williamsdickson7991
@williamsdickson7991 3 года назад
Wow!!!I’m just shocked you mentioned and recommended Mr Walden Carlin trading services,i thought people don’t know them..they are really awesome!
@maryjaylinda3573
@maryjaylinda3573 3 года назад
@@williamsdickson7991 Same here it’s four month now i started investing with them and its been a good experience
@hannahjoy3645
@hannahjoy3645 3 года назад
Amen
@hannahjoy3645
@hannahjoy3645 3 года назад
*Thank you for your help Walden Carlin. These days it is difficult to come by people like you. I want you to know that my heart will never ever stop appreciating your generosity.* *I n v e s t i n g with you has brought so much joy to me through t r a d I n g.*
@hannahjoy3645
@hannahjoy3645 3 года назад
@@williamsdickson7991 haha... you don’t have to be surprised at Mr Walden Carlin trading services are really good and everyone love genuine services,they’ve helped me recover what I lost trying to trade on my own
@Dyoshi9
@Dyoshi9 4 года назад
Let me save you time: Basically get an attorney to meet your investment needs.
@JP-dz7zu
@JP-dz7zu 3 года назад
I learn more from this channel than I did in 7 years of Business school and MBA classes.
@od4407
@od4407 3 года назад
Geez...I get your sentiment but I hope that’s not true...you clearly didn’t pay attention
@JP-dz7zu
@JP-dz7zu 3 года назад
@@od4407 the University system is broke. They don’t prepare you for the world, or being an entrepreneur, or even for a career. It’s all textbook learning and memorization. How to be a good employee. Not how to be independent or to think for yourself.
@od4407
@od4407 3 года назад
@@JP-dz7zu That sounds like such a regurgitated blanket statement that people say in these circles. While that may be true in most undergraduate and even some graduate forums of learning, the proof is in the pudding that people who graduate from good MBA, business, real estate, or doctoral programs are some of the most wildly successful people who then in turn also become entrepreneurs and investors. To say you learned more in this video than 7 years in undergraduate and graduate work is pretty silly.
@JP-dz7zu
@JP-dz7zu 3 года назад
@@od4407 people who are actually in business for a living HATE these MBA’s who think they know it all and haven’t actually done shit.
@od4407
@od4407 3 года назад
@@JP-dz7zu And? If they become successful what does it matter, now we are debating two different things. We were talking about whether the people become successful or not.
@Namnamnam93
@Namnamnam93 5 лет назад
From expereince for some reason, I get more satisfaction in buying assets rather than material items. I get immense joy everytime I add to my portfolio :]
@FreshKicks4545
@FreshKicks4545 5 лет назад
As I started understanding all of this, I'm the same.
@reymondjames1726
@reymondjames1726 5 лет назад
Totally.
@24barrasnick12
@24barrasnick12 5 лет назад
Facts
@joemonroe9456
@joemonroe9456 5 лет назад
Security?
@sciencelabvideosl7558
@sciencelabvideosl7558 5 лет назад
I would love to start knowing what this feels like!
@b.couturevibesnyc2870
@b.couturevibesnyc2870 5 лет назад
I love these little nuggets of knowledge.its crazy how much YOU don't know about money .School teaches you nothing .Im trying to be the first millionaire in my family 💯💡
@mumbledjumbledxxxxxxxxxxdy1271
well me to i spent more than 11 years damn school for nothing
@b.couturevibesnyc2870
@b.couturevibesnyc2870 5 лет назад
Eduardo Tomé I can relate.Im 30 and RU-vid really wasn't popular back then .Ive learned more from RU-vid university then actual school 💯
@russellmania5349
@russellmania5349 3 года назад
@@mumbledjumbledxxxxxxxxxxdy1271 Schooling was good when my parents were growing up and now your degree is worthless.
@mariposas22
@mariposas22 3 года назад
🔥🔥🔥🔥🔥🔥 so excited for you 🙂🙂🙂 am here going for it and as a first born in our family, I also aim to be their first millionaire 🔥🔥🔥🔥
@orangesnowday
@orangesnowday 3 года назад
I run my own company and I'll tell you my house payment is probably the cheapest thing on my overhead cost. I can pay it off if I want but like what they said I'm really tempted to refinance it at a low interest rate so there's no liquidy in it take the cash and put it in investments which I do anyway with my cash. I own so much stock just the dividends pay double what my house payment property tax and insurance are. For my company I took a large low interest rate loan from the government for my business. All the other money in my business account I took out and put an investments. So say there's a $100,000 in my business account and you want to see me for a $100,000 but I owe more than $100,000 to the government so there's nothing you can take from me because the government would get their money first. Same thing with my house I rather refinance it so there's little to no equity and people can't really get any money out of me by suing me. Plus mortgage rate is 3 or 4%. My investments make an average 15%. You can write off your mortgage interest from your income you don't have to pay tax on your investments until you sell them and you don't have to sell all of it. I'll probably make 100K just with my oil stocks now I might cash those out and pay the capital gains and then throw it in the mutual funds where I get the 15% average but after the next year where I make $15,100,000 investment I can just leave it 5 years that first hundred thousand will be double or I can make $15,000 take out the $15,000 paid 25% capital gains leaves me with $10,000 cash and I still have my $100,000. I still work hard with my main job. I try not to spend more than $700/week, regardless if I make 3k that week. So I only tried to spend the money I make off my investments and I don't use my regular money to pay my bills.
@Topgqrst
@Topgqrst 4 года назад
The justice system and family courts in the US are crazy.
@gholamsaeedmohammadi7846
@gholamsaeedmohammadi7846 Год назад
the same in Germany
@cinidee3384
@cinidee3384 4 года назад
the first thing that came to my mind with the 'ugly - general partnership' was marriage
@thenerd98__37
@thenerd98__37 4 года назад
d cini it is. Especially if your spouse wants to be a liability instead of a asset.
@Maynardd
@Maynardd 4 года назад
Very, very, very true!!!
@brettymike
@brettymike 5 лет назад
The rich collect the rent, the poor pay the rent.
@nikolalalev732
@nikolalalev732 5 лет назад
And some rich pay and collect the rent. Grant Cardone and Kris Krohn both recommend - first live on rental and rent properties, then buy house with passive income for yourself.
@mayank_upadhyay_19
@mayank_upadhyay_19 5 лет назад
Grant Cardone, oooh! I like him!
@st3v3nb915
@st3v3nb915 5 лет назад
Yeah and the rich pay the skilled man to build his house and the skilled man profits out of it ;)
@rogermoody2660
@rogermoody2660 5 лет назад
Feudal Lords?
@post-humangod2575
@post-humangod2575 5 лет назад
Not true necessarily
@shogun6291
@shogun6291 5 лет назад
The Rich own nothing but still own Everything.
@michaeloliver2134
@michaeloliver2134 3 года назад
Working online. has became the source of my wealth, during this period of pandemic. Actually. I don't really know what kind of job, i could have done that yet all these amount of money, within a period of time. with the help of Mr jose Antonio.
@georgesebastain5196
@georgesebastain5196 3 года назад
How, really?
@michaeloliver2134
@michaeloliver2134 3 года назад
@@georgesebastain5196 Yes i have earn more than 200,000USD. ever since I knew him about a year ago. And am still earning up till now
@georgesebastain5196
@georgesebastain5196 3 года назад
@@michaeloliver2134 I really need more info. about these sir how does it work?
@michaeloliver2134
@michaeloliver2134 3 года назад
@@georgesebastain5196 it's alright. Mr jose Antonio is a bitcoin automated trader. who help people trade and manage. their account on their behalf
@maryjanesilago5605
@maryjanesilago5605 3 года назад
How to invest
@gavnonadoroge3092
@gavnonadoroge3092 4 года назад
write books about becoming rich, sell those books and become rich.
@francisgeorge7639
@francisgeorge7639 4 года назад
Sure, why not. An expert on business doesn't have to be a businessman. I know plenty of people doing business who know a lot less.
@danielwells774
@danielwells774 3 года назад
@@julijakeit Proof?
@mrczz6690
@mrczz6690 5 лет назад
In a nutshell....Opm, gain assets, multiple streams of income, watch your spending
@bingbongabinga2954
@bingbongabinga2954 5 лет назад
Chris M forget OPM. That is called debt slavery. Get a skill. leave the whores alone. A 40 hour work week is for broke asses. Get out and enjoy nature and stay away from stupid people.
@rokyericksonroks
@rokyericksonroks 5 лет назад
That’s one hell of a nutshell.
@NUCLEARARMAMENT
@NUCLEARARMAMENT 5 лет назад
@@bingbongabinga2954 giving up equity to get funding is a far worse slavery than going into debt for funding. I'll take "debt slavery" any day over equity slavery.
@tokashi1
@tokashi1 4 года назад
Opm.. One Punch Man?
@chrisjohnson4039
@chrisjohnson4039 5 лет назад
Thank you. Own nothing, but control everything.
@nabadeepdatta9922
@nabadeepdatta9922 5 лет назад
Please explain, I didnt understand that line?
@chrisjohnson4039
@chrisjohnson4039 5 лет назад
Rich people place their assets in corporations and trusts for protection. On paper, nothing is "owned" by the individual.
@candiceruth10
@candiceruth10 5 лет назад
@jediphilosopher you mean someone else can take over the entity? But how?
@PARANORMALaj
@PARANORMALaj 4 года назад
Own nothing and let nothing own you and you have unlocked the secret to living happy!
@akrotiri6586
@akrotiri6586 4 года назад
The lawyer is careful but Robert goes spilling out the beans.. Wohooo! 😅
@paulodo4419
@paulodo4419 5 лет назад
School teach us to work for paycheck😂
@clyde__cruz1
@clyde__cruz1 5 лет назад
We need people who does.
@nongrada6004
@nongrada6004 5 лет назад
Frog Prince indeed we need them but I don’t want to be one of them
@Guerrilla727
@Guerrilla727 5 лет назад
@@nongrada6004 save and invest your money
@rokyericksonroks
@rokyericksonroks 5 лет назад
I was a chess Grandmaster at 16. I fell for someone who was physically attractive but morally bankrupt and she nearly destroyed me. Now, I’m making a decent living and trying to get my play back up to international chess standards. It’s been tough.
@nongrada6004
@nongrada6004 5 лет назад
Roky Erickson rocks keep it up bro hope you find the right one on your way up ❤️
@sammywachira7341
@sammywachira7341 5 лет назад
powerfull watching from kenya
@gauravkaul4
@gauravkaul4 3 года назад
Hate the fact that there are ZERO follow-up questions being asked on any of these videos.
@champion100ful
@champion100ful 4 года назад
I Love how Robert always translates the legal jargon so that we can understand!!!
@legobrickabrac
@legobrickabrac 2 года назад
I'm an entrepreneur with no money is a joke I say to people but its actually true.
@TacticalBarberJay
@TacticalBarberJay 5 лет назад
Literally just came from Barnes and Nobles and picked up Loopholes of Real Estate and Tax-Free Wealth! Then, this video comes up, so much “Gold” in this info! 🧠
@faultsandresponsibilitiesw3643
Its all connected. Stay Focus.
@JOHNSONJOSEPH1988
@JOHNSONJOSEPH1988 5 лет назад
I don’t understand, how can I do transfer my assets in to llcs or whatever he says ??
@TazzMania985
@TazzMania985 5 лет назад
JOHNSONJOSEPH1988 your house,car, or any other liabilities would be under the corp name. I guess you would donate all liabilities to the corp if you owned them before you started the corp. So then, you are not the owner anymore, the S corp is.
@elcab33
@elcab33 5 лет назад
I actually put "they want you to be poor" trying to find a video exposing politicians, but the first video that showed was a Robert's video... it's been a week, I'm binge watching this guy.
@RedactedNews
@RedactedNews 5 лет назад
I've had Tom Wheelwright on my show maybe 6 times now and both he and Garrett are just mounds of information that people need to pay attention to. Here's my most recent interview with Tom. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-l_okDTKzeeA.html
@IMBIue
@IMBIue 5 лет назад
She knows about avocado toast?! Graham exposed! :O
@deepatterson1835
@deepatterson1835 5 лет назад
🤣😅 laughing at your profile picture
@dsherlock94
@dsherlock94 5 лет назад
Only a aussie would understand this!!!
@sukantosukanto7813
@sukantosukanto7813 5 лет назад
@@dsherlock94 LOL
@kelvinreyes64
@kelvinreyes64 5 лет назад
It’s a Spanish thing lol....🇩🇴
@CP-jz7ne
@CP-jz7ne 5 лет назад
Yes. Sandwich avocado 🥑 great as a snack while growing up in Dominican Republic 🇩🇴 put on tomatoes 🍅 and salt 🧂 and you have dinner 🍽
@joe_zupko
@joe_zupko 3 года назад
I like how at the end she clarified “We listen to smart people who know what they’re doing...” haha
@spookgriffith2892
@spookgriffith2892 4 года назад
One of the bestever, have no idea how I have missed it for a year n a half plus. Thank you very much. Alexandra is a perfect addition to your team. Thanks again
@MyRx777z
@MyRx777z 5 лет назад
Keywords, the poor owns everything and the rich owns nothing
@ewastrijder8731
@ewastrijder8731 5 лет назад
If the rich owns nothing than they wouldn't own a company that makes Money For them
@MyRx777z
@MyRx777z 5 лет назад
@@ewastrijder8731, you don't understand. The rich don't own anything but control everything. While the poor wants to own everything but control nothing due to being at risk of losing everything.
@kathleenyang3251
@kathleenyang3251 5 лет назад
Well said. So, how does the rich own nothing but control everything? Think smart, brains!! Can you clarify that for me?
@nabadeepdatta9922
@nabadeepdatta9922 5 лет назад
@@MyRx777z I didn't get it. Could you explain your point a bit?
@sumtingwong66
@sumtingwong66 5 лет назад
The Rich only have Cash flow.
@fix-and-drive-diy-repairs
@fix-and-drive-diy-repairs 5 лет назад
😂😂I'm going back to the jungle. You don't own anything and everything is free😂😂
@yahwehsonren
@yahwehsonren 5 лет назад
That Hard life
@ursulaandrea237
@ursulaandrea237 5 лет назад
Until someone decide to do some deforestation
@randomfriction7231
@randomfriction7231 5 лет назад
Nothing is free.
@laken1804
@laken1804 4 года назад
Until a couple of pumas starts chasing you.
@Manofvalue525
@Manofvalue525 4 года назад
@@randomfriction7231 in jungle, its free
@rafael55
@rafael55 4 года назад
Great info, I'm glad I did this from the start. Glad to know I am on track.
@allpraises6423
@allpraises6423 4 года назад
After Covid-19, I'm so happy I listened to Rob K. years ago..
@maximhollandnederlandthene7640
How to live free owning everything and not to be taken by anyone !? Enjoy assets but how to not have the fear someone will take it from you. Humanity is also jealous and vicious.
@zprrzp
@zprrzp 5 лет назад
She’s gotten better at this. Good job.
@shanenolan85
@shanenolan85 5 лет назад
Dan Pepper Agreed 💯 she doesn't yell anymore and is more calm
@jonathanfurtado3696
@jonathanfurtado3696 5 лет назад
She got better because she had no other choice, but too.
@PremiumFuelOnly
@PremiumFuelOnly 5 лет назад
Dan Pepper I said the same thing.
@cekcekrokrok9979
@cekcekrokrok9979 5 лет назад
We are all her at some point guys
@yusoftyo9718
@yusoftyo9718 4 года назад
She’s fire too.. knock her up forsure
@lexiegrl147
@lexiegrl147 3 года назад
Im so glad I watched this, I'm learning that I need lots of classes before ever getting started.
@mooersproducts350
@mooersproducts350 2 года назад
To possibly create wealth good enough to retire, diversification is indeed necessary to achieve your goal. I realized the secret of creating wealth with the guidance of a financial professional and would love to share my ideas with the ignorant ones here
@rudriguezbauer7520
@rudriguezbauer7520 2 года назад
Interesting, I’m lucky to stumble over this comment. Your thoughts are remarkable and would appreciate it if you enlightened me more on how to create wealth or possibly approach your financial professional.
@mooersproducts350
@mooersproducts350 2 года назад
@@rudriguezbauer7520 To achieve your goals, proficiency makes your plans a reality. I engage in various kinds of investment and packages with proper management by a financial professional of an investment firm and so far I’ve achieved great returns of investment.
@mooersproducts350
@mooersproducts350 2 года назад
As to get more details about my financial professional (Hamilton Phoebe Zoe); do internet research with the full names above to easily approach her and as well write her…
@rudriguezbauer7520
@rudriguezbauer7520 2 года назад
Great, Got it! I’m delighted to engage in this opportunity, I just found the financial professional’s web page and have already written her. Thanks a lot for the information.
@miacordelia6367
@miacordelia6367 2 года назад
Wow, I’m very surprised to come across Hamilton Phoebe Zoe the very same investment adviser my colleagues at work talks about and praise her skills and experience. Phoebe operates with Big investment firms but her services to average individuals is really philosophic. Indeed, Good deeds fly so fast.
@KAZIISLAM1
@KAZIISLAM1 5 лет назад
Robert Keosaki that's great. 😍 In heart ♥. Kim 1st time seen you. 12 years hear her name in his 📙 but I get to see to Kim. So sweet
@GeorgePierce
@GeorgePierce 5 лет назад
Debt is a form of asset protection makes sense, thank you.
@gambaridup
@gambaridup 3 года назад
Wow this is gold, should be taught in elementary school
@MarcBrouwer1
@MarcBrouwer1 5 лет назад
Thank you for the great vid!!! and....I will try Avacado Toast. It sounds delicious :)
@elisaiotero-figueroa9601
@elisaiotero-figueroa9601 5 лет назад
She is great! She only needs to get a little acting work shop to control the nervius hand movements.
@KAZIISLAM1
@KAZIISLAM1 5 лет назад
Scare the hell out of me. Thire is the online solution to open corporations. Going for it. Thanks a lot
@andreapickett3022
@andreapickett3022 4 года назад
This was awesome! I certainly learned something new.
@MONITRIQUI
@MONITRIQUI 4 года назад
You’re my rich dad! Thank you for the advice.
@jv4nderh4m
@jv4nderh4m 5 лет назад
Love this! Gotta make sure you're covered and don't have assets in your name if you can help it! Get to know a good lawyer folks :)
@RedactedNews
@RedactedNews 5 лет назад
100% true. Huge mistake to have those assets in your own name.
@Slash-is3yu
@Slash-is3yu 5 лет назад
Is this only for Renting out property? Does this include Home owners, investments in stock market as well as Oil, Gold, Silver?
@rafizxDx
@rafizxDx 5 лет назад
Everything
@JLW667
@JLW667 3 года назад
5:54 CPA 9:27 Insurance 9:50 Sole Proprietor
@ninthfloor33020
@ninthfloor33020 4 года назад
Is Robert wearing Mrs Kyosaki’s jacket with that butterfly broach? 🙈😂
@jackielove1686
@jackielove1686 4 года назад
ninthfloor33020 OMG..! I thought that I was the only one who noticed it..! LOL
@davidfreeburn8592
@davidfreeburn8592 4 года назад
Wealth doesnt give you good taste,thats for sure...lol
@akeidabarrow965
@akeidabarrow965 3 года назад
Asians have different fashion tastes, eastern countries in general are far more decorative you should see a sari or a kimono
@liamc1102
@liamc1102 3 года назад
@@davidfreeburn8592 There's no ONE TASTE. All based on personal preference.
@davidfreeburn8592
@davidfreeburn8592 3 года назад
@@liamc1102 we all know variety is the spice of life but there are no good tasting turds.
@JoseDiaz-qw7mg
@JoseDiaz-qw7mg 5 лет назад
this is very eye opening. I really wanted to do business myself using my name, but now I have to come up for a name to make a company
@MrStlover99
@MrStlover99 5 лет назад
Do it now. Make a LLC and open a bank account even of no business yet. Get your mind started
@zanderstone2898
@zanderstone2898 5 лет назад
You might be able to start the company under an entity, ie LLC but then utilize a DBA (Doing Business As, "Your Name"
@brandonlifefamily8331
@brandonlifefamily8331 5 лет назад
@@MrStlover99 this is all old stuff from the 80s LLCs are being sued now, if it's under your name well you own it then. This stuff doesn't work anymore. Have to go a step farther now.
@topfuelfan
@topfuelfan 5 лет назад
Gotta admit that was enlightening !
@mr.johnson7990
@mr.johnson7990 4 года назад
Need full video sessions, great lesson 👍
@brittneypearson9022
@brittneypearson9022 4 года назад
I love that Robert has a Butterfly Brooch😂❤️✋🏻
@madewithreal100beefcheese9
@madewithreal100beefcheese9 5 лет назад
Intro is way way too long
@corneliojerez1791
@corneliojerez1791 5 лет назад
At least this info is reaching we the people so I'm thankful for that
@rokyericksonroks
@rokyericksonroks 5 лет назад
Way too long!!
@KennyG233
@KennyG233 4 года назад
yeah always skip last 5 mins
@boboften9952
@boboften9952 4 года назад
0:17 Stopped Video .
@anaceciliagonzalez1448
@anaceciliagonzalez1448 5 лет назад
Set up entities to protect your assets!! Great advice Robert and Garrett! Alexandra, you did great👍🏻👍🏻👍🏻
@JOHNSONJOSEPH1988
@JOHNSONJOSEPH1988 5 лет назад
Ana Cecilia Gonzalez How to set up entities? I don’t really understand 🤔?
@hodltudemun7926
@hodltudemun7926 4 года назад
Thanks for adding subtitle..😄
@carlyslejude4518
@carlyslejude4518 4 года назад
I already did lose everything, my home, BMW m3, stocks, everything. I'm in the process of starting over, at a senior age. Thank You Sir! 💚🙏💚😁
@NITHZAEL92
@NITHZAEL92 3 года назад
God bless u bro! You will become stronger!!! 🦁
@carlyslejude4518
@carlyslejude4518 3 года назад
@@NITHZAEL92 Thank You! 💚🙏💚😁
@vicg5323
@vicg5323 5 лет назад
Cost me ten grand to learn this and a little more nearly 20 years ago. Talk about trickle down. Anyhow.. knowledge must be applied to be powerful.
@dialac1
@dialac1 5 лет назад
The sole in sole proprietor means if you’re sued, they are coming for everything, down to your sole
@frodev728
@frodev728 5 лет назад
even my lemon sole tho? 😮
@MR..181
@MR..181 5 лет назад
dialac1 ...honest responsible business..Krupp
@PaulMLink
@PaulMLink 5 лет назад
Why would they own the sole of my foot?
@paulwilliams2024
@paulwilliams2024 4 года назад
dialac1 lmao
@genatorbol
@genatorbol 4 года назад
But I need my sole for dancin....my soul too😬
@thereignofthezero225
@thereignofthezero225 3 года назад
"Youll own nothing and youll be happy." Right?
@HeavierThanWeights
@HeavierThanWeights 4 года назад
Is a LLC recommended for someone that only has brokerage accounts but plans on investing in real estate in the future ?
@PremiumFuelOnly
@PremiumFuelOnly 5 лет назад
I heard it was difficult to put a home that you already have a mortgage on into a trust or LLC because the bank will think you are selling it and automatically call the balance due.
@steveamores8066
@steveamores8066 4 года назад
you said it urself, difficult, but not impossible! Robert kiyosaki always says “HOW can i afford it/do it”, a real entrepreneur will always find a way
@himankaghosh7307
@himankaghosh7307 5 лет назад
How do we do it? I got the concept but how do we transfer it to LLCs? The process I mean. BTW Thanks for the concept. I had never thought about it.
@SA-qx7fx
@SA-qx7fx 5 лет назад
Consult with CPA and Attorney/Lawyer they will guide you thru process, the CPA will advise and lawyer will write the contract, some cases CPA can also be a Lawyer dual advisor
@edwinmachado7964
@edwinmachado7964 3 года назад
Wow we learned this in my intro to business management class haha it’s actually useful sweet
@ZKorvin
@ZKorvin 4 года назад
Let's watch!
@the33rdguy
@the33rdguy 5 лет назад
What about Canada does t work like the USA
@boblatrimouche3943
@boblatrimouche3943 5 лет назад
In Canada it's pretty much the same but the difference is that all corporations are to be registered with the government. So if your corporation get sued they can also find who owns it and sue you personally compared to the USA where you can own a corporation anonymously
@nyakarundi
@nyakarundi 5 лет назад
So what kind of.lawyer should we look for to help us protect.assets
@qlmh4565
@qlmh4565 5 лет назад
Corporate attorney
@TDOTSE1
@TDOTSE1 4 года назад
how do we watch the full video?
@nocarbsnation
@nocarbsnation 2 года назад
Wish I knew 30 years ago what I know now! So much great information at your fingertips today!
@shib853
@shib853 5 лет назад
Video starts at 1:13
@atlanteum
@atlanteum 5 лет назад
To hell with Kiyosaki!! You had me at "avocado toast!" Seriously, though... I just found these channels and have been devouring them like... well, avocado toast, what else? I am hoping that at least a few of the videos will go into some detail as to how to start the transition from the E/S side of the equation to the B/I side, but even if they don't, even if they only provide an overview of the Big Picture of finances, they are still worth their weight in gold. Or avocado toast, take your pick - both are compliments!
@scsmith4604
@scsmith4604 5 лет назад
You really need to check out his website, look for an upcoming seminar, and go to it. You will learn at least one thing from it. The purpose of these videos is to entice you to pay for the training. If you are a seasoned E/S then the cost may be in your budget. If you are starting out then I suggest starting with his advisors who provide more detail on their channels (Ken McElroy, Tom Wheelwright, and Garrett Sutton)
@atlanteum
@atlanteum 5 лет назад
@@scsmith4604 Thank you for that advice. Yes, I'm definitely starting out, after a lifetime of voluntary slavery, but my mind has always been pointed in the right direction.
@tomwashingtonjr848
@tomwashingtonjr848 3 года назад
Great stuff🎉 Thank you 🙏🏽 ❤️
@keepingitsimple88
@keepingitsimple88 4 года назад
Very informative, I had no idea. Thank you 🙏
@chriss4365
@chriss4365 5 лет назад
Can you use this for bank accounts, retirement accounts, as well as the brokerage account.
@ThargyalKungaTV
@ThargyalKungaTV 5 лет назад
Good question
@chriss4365
@chriss4365 5 лет назад
@Alex Davis How do you set it up?
@brandosteele4433
@brandosteele4433 5 лет назад
Own nothing and travel light . Stay under radar . Don’t owe anyone anything . Be content with food , shelter and clothing There is great contentment in the basics when you begin to understand what this world truly is and where it’s going . Lay up for yourselves treasures in heaven where neither thieves can break in and steal nor moth and rust can destroy . Be humble .😊👍
@gearsNtools
@gearsNtools 3 года назад
loved the bloopers at the end!
@governmentxx1896
@governmentxx1896 3 года назад
The most crucial point : Get your team talking together in one room👑👑
@dreamer4765
@dreamer4765 3 года назад
I need to know who exactly to talk to ? It makes it difficult and frustrating when you don't know (truth)
@kunalgoswami4520
@kunalgoswami4520 5 лет назад
Be minimial and live a simple life
@OiVinn-eq1ml
@OiVinn-eq1ml 5 лет назад
Lesson: Get an attorney Spoiler: This is an advertisement
@manictiger
@manictiger 5 лет назад
Step 1: Be an equities trader. Step 2: Don't ever worry about getting sued. No direct clients. No direct employees. No direct PEOPLE. No direct PROBLEMS.
@AA-lp2uf
@AA-lp2uf 5 лет назад
You can set these up yourself, I have.
@blackmenmatter2345
@blackmenmatter2345 5 лет назад
Alan Ayala What tools/instruments/books will help get started with the process of “do-it-yourself” asset protection?
@GameFuMaster
@GameFuMaster 5 лет назад
You can definitely set it up yourself, just like how you can do your own home's plumbing, but you're better off with a professional unless you're very confident you won't screw something up.
@alfonsovillarreal7864
@alfonsovillarreal7864 4 года назад
Attorney is only once’s u have reach success in making a lot of money so u don’t get sued and have to start over , if u have nothing to lose when u fresh start then u don’t need one because u have nothing to ur name if u do get sued
@bencady111
@bencady111 4 года назад
The bloopers at the end is to show you that it's Ok to make mistakes as long as you keep at it you'll eventually get it right. -They are also funny sometimes. (Which is the poor mindset)
@propertyinvestingwithcleme3099
@propertyinvestingwithcleme3099 3 года назад
Why does Robert keep looking at the girl like that? Surely they watched the video before uploading?......Looks weird.
@Chiu-ster
@Chiu-ster 3 года назад
I see some teachers look this way too. I agree, out of the norm but i was thinking it was to make sure she was paying attention. I'm sure many people want to make sure that if they're taking the time to talk/interview with someone, they are paying attention. if you ever sit in a business meeting they would also give this look too.
@blacklavoux
@blacklavoux 3 года назад
He prob the kind of person who look at the interviewer in the eyes
@achatwithgoitse
@achatwithgoitse 3 года назад
Super wierd... he's like a control freak by the way he looks at the man as well prodding him to say n do what he (Robert) wants
@norah9725
@norah9725 3 года назад
I found that weird too,it looks super uncomfortable 😭
@jonathangonza
@jonathangonza 5 лет назад
I love Garret's tone of voice. You get every word embedded into your mind.
@carlseverin6141
@carlseverin6141 5 лет назад
The guys name should be in the description
@anaceciliagonzalez1448
@anaceciliagonzalez1448 5 лет назад
Carl Severin Garrett Sutton
@51249ca
@51249ca 3 года назад
"I've even attended many of his seminars" ...ya, should hope so!
@thelayman6189
@thelayman6189 3 года назад
I'll praise you, you praise me. It's a Limited partnership. Let's talk our business, our story - they would watch it, we control their emotions though we don't own it. WE ARE RICH !!
@nicodemus-dean7020
@nicodemus-dean7020 5 лет назад
Thank you! Always genuine and intelligent.
@makedon888
@makedon888 5 лет назад
We brought nothing on this life, we'll take nothing as well on pass over...give as much you can, that's how you multiply your "wealth"..
@reymondjames1726
@reymondjames1726 5 лет назад
That's what I say. I entered the Corps broke; and I left the Corps with zero debt. Gonna die with 5 cars in the parking lot or legacy money for the kids?
@mariobros7834
@mariobros7834 5 лет назад
ha, wait until governments of the west start to collapse. They will take anything they find.
@maprangprangzaza8501
@maprangprangzaza8501 4 года назад
Thank you for the knowledge of 3 kind of protections, l haven’t known this existed, oh god! I nearly lost a fortune since l’ve not any protection yet.
@coc9012
@coc9012 3 года назад
can anyone plz explain, what garry said in 7:10 to 7:30.
@JFairhart
@JFairhart 5 лет назад
Reminds me of the joke “How to get rich.” Step one, get a million dollars. Step two, Learn how to protect your money and I only teach step 2. 😂
@vasig5461
@vasig5461 5 лет назад
Kyosaki come and do this things in Romania.... PSD and ANAF wait for u
@gregstarr2954
@gregstarr2954 3 года назад
Now this is a GREAT eye opening clip! Excellent job!
@Money_Enterprises
@Money_Enterprises 4 года назад
How do you Claim Homestead Exception when you transfer the House you live in to an LLC?
@francisgeorge7639
@francisgeorge7639 4 года назад
There are some really good comments below this vid. At least two people say that liability insurance can be a more cost-effective strategy.
@andrewkuhlmann7395
@andrewkuhlmann7395 5 лет назад
This is what needs to be taught in school as civics.
@RedactedNews
@RedactedNews 5 лет назад
I wish that it was! That's why I build my channel to help people learn this.
@lutongmybahay1375
@lutongmybahay1375 3 года назад
They won’t because they want to keep people ignorant and broke 😂
@yazctr
@yazctr 5 лет назад
The problem is a lot of Robert's philosophies don't apply in the UK, we can't get 100% mortgages out here. Nor do corps/Ltd's get as many tax breaks as they do in the USA, Rob needs to write a UK specific version of his book. lol
@michaelhofby
@michaelhofby 5 лет назад
Yeah i have the same challenges because im in Denmark. But you just gotta figure out what the differences are and adjust accordingly - no other way unfortunately. The thing about not owning personally but in cooperations that doesn't have personal accountability still applies though but things like rental laws and yeah mortgages+bankloans are a bit different. You probably have like a 80/20 system when it comes to buying real estate over there? We have 80/15/5 here, where 80% is the mortgage, 15% is the bank loan and 5% is the down payment (usually that's how it goes).
@NUCLEARARMAMENT
@NUCLEARARMAMENT 5 лет назад
Never put more than 5% to 10% as a downpayment plus loan origination fees/closing costs/other expenses related to the LTV amongst others to buy anything, it makes no sense. Finance all that with personal loans, personal and business credit lines and credit cards, or other debt instruments if possible. No reason to use one's own money
@miguelvelmonte8959
@miguelvelmonte8959 4 года назад
This is so damn informative! I didnt know this.. thanks!..👍👍😊
@hankobrat
@hankobrat 3 года назад
@8:08 can someone explain how this works? Not own the asset but control it still?
Далее
You are NOT Stupid - Robert Kiyosaki [Millennial Money]
17:34