Almost any expense can be deductible under the right circumstances. This includes things like food, entertainment and travel—even your house. But first, you must know your facts. In the U.S., the tax law requires each business deduction to meet three requirements. Must ...
https://www.richdad.com/two-rules-to-put-money-back-in-your-pocket
12/10/2018 9:13:42 PM
Savers are Losers. This week we will be discussing LIBOR - London Interbank Offered Rate. If you've never heard of it, you're just like most of the world. The tragedy is that LIBOR is at the heart of the biggest financial scandal in history. What you don’t know WILL hurt you....
https://www.richdad.com/resources/updates/(radio)-ken-mcelroy
9/12/2012 12:08:02 PM
Josh and I started our social entrepreneurship expedition when we opened our Journey Healing Centers, more than 15 years ago. To say our experience has been an adventure would be an understatement. We went from not knowing anything about business, going through a startup, rai...
https://www.richdad.com/our-first-business
9/24/2018 2:10:53 PM
In this blog, I would like to ask my readers to think about our economic system and how it creates economic growth. I believe this will be useful in understanding the impediments that will have to be overcome in the years immediately ahead if economic growth is going to conti...
https://www.richdad.com/capitalist-growth
5/15/2014 11:10:06 AM
Something is happening in the housing market. Despite a global pandemic, prices have skyrocketed. Year over year, June 2020 compared June 2021 , housing prices in the US were up 17.2%, and perhaps more surprisingly, 50% of homes have sold for more than asking price. There’...
https://www.richdad.com/real-estate-apprecitation-vs-cash-flow
3/1/2016 12:07:56 PM
Is it time to get rich? If you're serious about getting rich, now is the time. We've entered a period of mass-produced pessimism, when bad news is everywhere, and the best time to invest is when optimists become pessimists. Here is the cycle of pessimism, optimism and the p...
https://www.richdad.com/bitcoin-and-ethereum-crash
2/7/2022 12:15:55 PM
In order for an economy to grow, one or more of the following things must happen: the workforce must expand, wages must increase or credit must grow. That is because, ultimately, the size of every economy is determined by the size of the population and by how much the people ...
https://www.richdad.com/heres-the-problem
6/17/2013 8:30:21 AM
Developing your mindset about money and investing How does a person like Bill Gates become the richest businessperson in the world in his thirties? Or how does Warren Buffett become one of the richest investors in America? Both men came from middle-class families, so they w...
https://www.richdad.com/to-be-a-billionaire
7/28/2015 9:17:52 AM
Chinese Investment increased 50-fold between 1990 and 2014. Investment (i.e. Gross Fixed Capital Formation or GFCF) in China grew from US$92 billion in 1990 to US$4.6 trillion in 2014. Dramatic increase in Chinese Investment between 1990 & 2014. To put China's investment...
https://www.richdad.com/chinas-hard-landing-begun
5/15/2016 10:23:04 PM
Credit growth has been the driver of economic growth for decades – not only in the United States, but for the rest of the world as well. Now, however, credit is no longer expanding. That explains why the global economy is so weak. The ratio of debt to GDP in Japan rose sharp...
https://www.richdad.com/contracting-world-debt-threatened-global-economy
7/15/2016 9:24:02 AM
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