The money you hold in your wallet is called “fiat money”. I will not get into a long explanation (you can Google it on your own) but essentially it means that their is nothing backing up the money other than a government promise. Years ago we were taken off the gold standard and the started the era of monetary inflation – every year your dollar is worse less. Robert Kiyosaki and his adviser Mike Maloney discuss this subject, the dangerous of inflation on your nest egg and how to properly invest in gold and silver.
No personally I am not about to sell all my other investments and load up on bars of gold and or silver, but it is defintiely going to become part of my portfolio. While I was searching the internet I found that believe it or not, eBay was one of the best places to buy silver and gold bullion bars with very little (if any) spot price premium.
This is Rich Dad’s Roads to Riches: 6 Steps to Becoming a Successful Real Estate Investor – CD/DVD version
Will bankers lend you money for mutual funds? Will your insurance agent give you insurance for your 401k and mutual funds?…No, but they will for real estate!
Roads to Riches is a comprehensive, step-by-step guide that will get you on your way to becoming a successful real estate investor. Robert Kiyosaki, together with his wife Kim, share their secrets to finding Real Estate assets that will feed you for a lifetime.
If you look at the financial statements of the very rich you will often find multiple businesses – all in a specific and unique type of corporate entity. The good news: these corporate structures are not reserved for the rich – they are available to everyone, including you and me.
Garrett Sutton has done a great job of making a complex topic – corporate law – understandable to the average person. This book is not the secret “how to” book that has all the secrets of the wealthy – that doesn’t really exist. Lawyers and tax accountants are great professionals to have on your team but can be difficult to understand. This is a book that gives you the background and language to talk intelligently to your own legal advisors.
Part of Robert Kiyosaki’s “Rich Dad’s Advisors” series, Own Your Own Corporation is written by Garrett Sutton, Esq., and deals with the use of strategic corporate entities to allow business entrepreneurs to successfully establish and operate a business and protect wealth and assets.
You will learn in this book:
How to maximize the benefits of a C-corporation
How to use Nevada corporations for asset protection and tax savings
How to use employment agreements for your benefit
How to easily prepare and maintain corporate records
What’s new in this revised edition? We have new chapters and discussions on the following important topics:
The #1, Wall Street Journal, The New York Times, Business Week, USA Today, and Amazon.com best selling book, Rich Dad Poor Dad, is read by Stephen Hoye, a professional actor in Britain. The CD includes an introduction and Take Action! Steps read by Robert Kiyosaki.
The New York Times #1 Bestseller is changing how the world views money by shifting your context to that of a rich person.
If you are like many – dependent on your paychecks to cover your monthly expenses – then you don’t think like the rich.
The rich don’t accumulate cash. They accumulate assets that generate cash flow for them.
While listening to the Rich Dad Poor Dad audio series, you’ll better understand the power that thinking can have on your life. If you are looking for financial freedom, then Rich Dad Poor Dad is a great place to start your learning process.
There are good ways to hold your long-term real estate investments and their are poor ways of holding your real estate investment. What do I mean? Well, depending on the type of corporate entity you chose to hold your real estate investment you could be exposing yourself to excess liability and/or taxes.
This audio series is is a compilation of Rich Dad’s secrets on money, investing and business…and how you can profit from them for a lifetime.
One of Robert Kiyosaki’s first ground breaking programs that will teach you the priceless secrets that he was taught learned from his Rich Dad, and in his life in general. Being one of his first all-encompassing products you will receive so of Robert’s most candid opinions on building wealth and making money.
In this audio set, you will learn why your house is a liability and not an asset and how exactly the rich are able to pay less in taxes – legally. This audio series will also teach you the 7 levels of investing, the 10 steps to unleash your financial genius, and specific cashflow management strategies to that Robert and his wife use to multiply their wealth.
Rich Dad’s Secrets includes 6 Audio CDs and a workbook on CD-ROM.
A top-rated international trainer in sales communications and personal development, Blair’s book, Sales Dogs, reinforces Rich Dad’s belief that “to be a successful investor, you have to know how to sell.” A Rich Dad Advisor and long-time associate of Robert, Blair teaches how to improve your number one business skill – sales.
Blair is considered one of the best facilitators of personal and organizational behavior change in business today. He has earned global recognition through the development of a unique high impact approach to teaching, learning and facilitating that virtually guarantees positive behavioral change and high performance. He is the founder of the international training firm, Blair Singer Accelerated Training (BSAT) and the founder of Sales Dogs: a methodology that offers life-changing sales success.
Sales Dogs will:
Introduce five breeds of Sales Dogs!
Reveal the five simple but critical revenue-generating skills to generate endless streams of qualified buyers and life-long sales
Teach you how to identify your “breed” and play to your own strengths
Give you the steps to inspire and direct any group of sales people into a charging pack of blue-ribbon Sales Dogs
Show you how to reduce your sales “efforts”, increasing your sales “results”
Teach you how to radically change your attitude in thirty seconds or less so you can direct your financial results
Since 1987 he has worked with tens of thousands of individuals and organizations ranging from Fortune 500 companies to groups of independent sales agents to assist them in achieving extraordinary levels of sales, performance, productivity and cash flow. Blair was formerly the top sales person for the Burroughs Corporation (now UNISYS) and later a top performer in software sales, automated accounting sales and airfreight and logistics sales both corporately and as an entrepreneur. He quickly came into demand as a presenter, trainer and corporate consultant. For the past twelve years he has conducted thousands of public and private seminars with audiences ranging in size from three to 300 to over 10,000. His professional activities have taken him to over 20 countries and across 5 continents. Overseas he has worked extensively in Singapore, Australia and around the Pacific Rim. Blair can be found at salesdogs.com and at blairsinger.com.
One of the fundamentals of Robert Kiyosaki’s advice is to understand the concept of the Cashflow Quadrant. The definitions of these four quadrants are very important. If you are in the E quadrant you are an employee and you have a job. In the S quadrant you are a self-employed person who owns your own job. The B quadrant for business owners who have a system that produces cash flow and others work for you. Finally in the I quadrant, as an investor, your money works for you.
Watch the video below to see and hear Robert explain it himself.
Rich people are getting more than 70 percent of their cash flow and income by having money work for them. Understanding the Cashflow quadrant is the follow-up guide to finding the financial fast track that best works for you. It reveals the strategies necessary for moving beyond just job security to greater financial security by generating wealth from four selective financial quadrants.