Robert Kiyosaki's News
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... "My Remarkable Journey;" Robert Kiyosaki, "The Real Book of Real Estate;" Anne LeClaire, "Listening Below the Noise;" Robert L. Martensen, "A Life worth ...View Full Article Read More
My rich dad taught me early that real estate is the fastest way to build wealth. Real estate investing has created more millionaires than any other form of ...View Full Article Read More
All of this is severely underlined in Rich Brother, Rich Sister (Vanguard Press), a self-helpishly toned memoir from big bucks guru Robert Kiyosaki and his ...View Full Article Read More
Spelling It Out
He wasn't the brightest reporter, since he had trouble with the idea of investing for both cash flow and capital gains. After about an hour of explanation, he finally began to understand that I'm not just a real estate investor -- I'm someone who invests for capital gains at a great price, or cash flow at a great price, regardless of the asset class. If the deal is right, it do... Read More
Posted on Thursday, January 17, 2008, 12:00AM
A few days ago, a reporter asked me if I was losing money in real estate. My reply was, "No, I'm making money."
Confused, he asked, "How can you be making money during the subprime disaster?" I explained that since the real estate market took a downturn, there were more people renting rather than buying, which is great for my apartment business.... Read More
Bad Times, Few Solutions
In less than three years, the first of approximately 75 million American baby boomers will turn 65. No government can change that, so until someone discovers the fountain of youth the end is not far away. In a few years, the U.S. government will begin to operate in the red, paying for campaign promises made years ago by politicians who are no longer in power.
Do the m... Read More
Prophets of doom have always taken risks in terms of ridicule and humiliation. If you stand on a street corner holding up a sign that reads "The End Is Near," passersby will laugh and heckle. People will say you're like Chicken Little, running around telling people the sky is falling.
Yet after an economic crash like the subprime-induced one we're experiencing now, people always say, "Why didn... Read More
When Capitalism Stumbles
Bailing out the rich means over $800 billion from the Fed's magic checkbook entered the market. Immediately, the stock market rebounded and the price of gold and silver declined. The U.S. dollar strengthened against the euro. While this looks like a good sign, I'm afraid the problem isn't solved. The inevitable may only have been delayed.
Our problem is a toxic U.S. d... Read More
Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout -- a government handout to some of the richest people on Earth, paid for by American taxpayers.
It's the survival of the richest, and the poorest be damned. There's something dismal about a society that operates by those values.
The Economy on Life Support
I understand why... Read More
Starting Age
First Year's Contribution Grows to ...
Consecutive Contribution Years to Reach $1 Million
26
$1,020,596
1
32
$576,100
2
36
$393,484
3
39
$295,630
4
41
$244,323
5
42
$222,111
6
44
$183,563
7
45
$166,876
8
47
$137,914
9
48
$125,376
10
49
$113,978
11
50
$133,943
12
51
$121,767
15
... Read More
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