Economic forecasting is much easier than generally realized.Every country’s economy is measured in terms of its Gross Domestic Product, or GDP. And, the GDP of every country is comprised of only four major parts: personal consumption expenditure, private investment, net trade...
https://www.richdad.com/economic-forecasting-101
2/15/2012 1:46:37 PM
Summary Before hiring, make sure you know the differences between an employee and an independent contractor Both options have pros and cons, and should be considered properly Work with a CPA to make sure your handling your employees or indepen...
https://www.richdad.com/employee-vs-independent-contractor
11/7/2018 8:51:37 PM
That’s what Corporations are designed to protect If you are planning to get rich, please read this blog BEFORE you get rich It’s another day of work as a Capitalist where lessons are learned daily. My Rich Dad always told me, “It’s not how much money you make, it’s how muc...
https://www.richdad.com/rich-dad-isn-t-bankrupt-dad
10/12/2012 12:54:15 PM
Libertarians are half right and half wrong when it comes to their explanations regarding the causes and cures for the global economic crisis that began eight years ago. Drawing on the teachings of the great Austrian Economist, Ludwig von Mises, they are right in blaming this ...
https://www.richdad.com/the-fatal-cure
8/3/2016 1:26:37 AM
It's the New Year and time for new beginnings. If you have decided to change your financial situation for the better this year and aren't sure where to begin, I'd like to share a habit with you that Robert and I started years ago when we didn't have any money. For every ...
https://www.richdad.com/good-habit-for-financial-success
12/29/2011 7:57:13 AM
Much has been made in the last weeks about the steady drop in the unemployment rate. The latest numbers have unemployment down to 8.3 percent, which is much better than the 9 percent a year or so ago, but still historically high. While many celebrate that the job market ...
https://www.richdad.com/5-ways-to-maximize-work-commute
2/7/2012 12:29:19 PM
Why the banks are not, nor ever will be, your friend When I was a kid, I remember my parents taking me to the local bank to open up a savings account. In those days, I got a little ledger book. Every time I made a deposit, we'd mark it down in my ledger with the date, as wel...
https://www.richdad.com/et-tu-wells-fargo
9/19/2016 11:10:42 PM
Robert teaches his close students and personal advisors the importance of leadership. He often reflects on his experiences at the Merchant Marine Academy along with his service with the United States Marine Corps during the Vietnam War. He uses tools like the B/I triangle to...
https://www.richdad.com/leadership-is-under-fire
9/30/2012 7:54:39 PM
How to define true capitalism and why we need a financial reeducation I often quote from Dr. Frank Luntz’s book, What Americans Really Want...Really . I appreciate his comments on whom Americans respect today and whom they hate. I want to repeat what he wrote here, because ...
https://www.richdad.com/view-of-capitalism
7/9/2013 12:00:00 PM
Global Deflation is becoming an acute threat. Consequently, while the Fed may soon begin to “taper” the amount of money it creates each month, it is unlikely to stop printing money altogether any time soon. In this blog, I will discuss how the risk of deflation will influence...
https://www.richdad.com/deflation-threat
12/15/2013 9:34:57 AM
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