The Crimea Microcosm There is a saying, “What is going to happen tomorrow already happened yesterday.” A more common saying is from King Solomon, “There is nothing new under the sun.” These sayings are as true today as they were thousands of years ago. That’s why we should n...
https://www.richdad.com/lessons-from-ukraine
3/17/2014 3:23:42 PM
Summary When done right, successful businesses are a complex combination of interoperating systems To get rich, use successful business systems to bring your better idea to life Your idea doesn’t have to be new or unique—but it has to be b...
https://www.richdad.com/successful-business-systems
2/16/2016 12:03:01 AM
I loved comic books as a kid. I was mesmerized by Superman, Batman, and especially Spiderman. The way they had their day job as a reporter, millionaire playboy and nerdy school kid really sparked my imagination. I could easily relate to Spiderman’s lack of confidence, especi...
https://www.richdad.com/build-the-confidence-of-a-superhero
10/25/2019 7:08:27 PM
Summary Some Ponzi schemes are perfectly legal and supported by the government Remember: Those who have the money, make the rules The key to avoiding a Ponzi scheme: get educated More than likely, you’ve heard of Bernie Madoff, the head...
https://www.richdad.com/ponzi-schemes
12/7/2012 7:52:42 PM
This is an important week for many investors. This week scores of corporations release their earnings reports. As you may have heard, most companies are posting near-record high profits. The Wall Street Journal reports that the US Commerce Department is predicting corp...
https://www.richdad.com/who-is-profiting-from-this-downturn
10/5/2010 11:18:41 AM
Turmoil in the making In 1910, seven men held a secret meeting on Jekyll Island off the coast of Georgia. It's estimated that those seven men represented one-sixth of the world's wealth. Six were Americans representing J.P. Morgan, John D. Rockefeller, and the U.S. governmen...
https://www.richdad.com/trust-and-cryptocurrency
3/11/2020 7:19:41 AM
Why millennials deserve better than their baby boomer parents have given them When I was a young man, the world of money was fairly straightforward. For the most part, you could do ok if you followed the old advice of go to a good school, get a good job, buy a house, save mo...
https://www.richdad.com/new-generation-old-money
4/26/2016 1:03:43 PM
You've probably heard of the phrase, "the 800-pound gorilla in the room." If not, it simply means there is something—a topic or an idea that carries some weight or needs to be reckoned with—that everyone knows about, but no one wants to talk about. When it comes to our kids,...
https://www.richdad.com/your-childs-financial-future
3/27/2013 2:00:02 AM
Summary Many people confuse being self-employed with being an entrepreneur Being a successful entrepreneur requires a true understanding of how business works Putting a system in place shifts you from the E quadrant, to the S quadrant I...
https://www.richdad.com/gig-economy-entrepreneurship
2/28/2019 5:48:59 PM
Summary A retirement savings account alone isn’t enough to support you during your golden years Having assets diversified across all five asset classes is the best way to maintain cashflow, even during retirement In reality, the cost of living...
https://www.richdad.com/retirement-savings
8/22/2017 7:00:00 AM
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