You have several choices when you organize a business. Two of them are bad choices. They do not shield your personal assets from the attacks of vendors and customers. One bad choice is a sole proprietorship. Because it is not chartered with the state, and thus easy to set up,...
https://www.richdad.com/two-bad-choices-in-organizing-your-business
6/12/2012 2:08:55 PM
You have several choices when you organize a business. Two of them are bad choices. They do not shield your personal assets from the attacks of vendors and customers. One bad choice is a sole proprietorship. Because it is not chartered with the state, and thus easy to set up,...
https://www.richdad.com/two-bad-choices
6/12/2012 9:00:00 AM
The Federal Reserve turns 100 years old this year, so this week let’s take a quick look back at the most important episodes during its long history, and also consider its current role in the world. In the early 1930s the Fed failed spectacularly in its original mission t...
https://www.richdad.com/the-fed-at-100
7/15/2013 9:03:34 AM
Robert Kiyosaki says, “Taxes are your largest single expense.” And I couldn’t agree more. The average person in a developed country spends 25-35 percent of their life working to pay taxes. That means more than two hours of every workday are dedicated to feeding your governme...
https://www.richdad.com/taxes-are-your-largest-single-expense
1/21/2019 7:09:36 PM
I fought in the Vietnam War. I was a helicopter pilot and risked my life many times to complete the missions assigned to me and to assist others in their mission. In the military I learned some of the greatest lessons on leadership. And the military instilled in me the discip...
https://www.richdad.com/hidden-dangers
5/3/2011 1:08:42 PM
You’ve probably heard my good friend, and Rich Dad Advisor on Taxes, Tom Wheelwright, discuss how to pay less taxes legally. And while we all want to pay less, sometimes there’s just no way around it. But, there is a legal way to defer your taxes, and that’s by utilizing what...
https://www.richdad.com/best-real-estate-loophole-1031-exchange
3/13/2019 7:00:19 AM
Here we are, right in the middle of this COVID-19 pandemic and everybody's fearful as you can imagine. The federal government's thrown all kinds of money at us and everybody thinks that we're going to snap right back to the way it was. I don't believe that. One of the great...
https://www.richdad.com/lockdown-recession-impact
6/10/2020 10:49:53 AM
If you’re a parent, you’re probably very concerned with the friends that your children keep. This is especially true if you have older kids who are in high school or college. Any parent worth their salt knows that if their kids hang out with the wrong type of people it can i...
https://www.richdad.com/company-you-keep
5/1/2018 7:00:00 AM
Summary The rich reduce their tax burden by using strategies you’ve probably never thought of - surprise, you can do it too Learn why playing by the rules of the rich isn’t just for the elite—it’s a smart financial move anyone can make Robert ...
https://www.richdad.com/want-to-reduce-your-taxes
10/23/2018 7:00:32 AM
This past June, I was invited to visit the New York Mercantile Exchange (or NYMEX) by my friend Steven Spivak, a professional commodities trader. For those of you unfamiliar with the NYMEX, it's the exchange where commodities like orange juice, pork bellies, gold, crude oil,...
https://www.richdad.com/only-the-rich-survive
12/8/2014 2:17:53 PM
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