No. The US government is not bankrupt. Not even close. It does spend a great deal more than it “earns” however. Consequently, its financial position is deteriorating rapidly. Since the economic crisis began, the government’s debt has increased by $4 trillion to $15 trillion, ...
https://www.richdad.com/is-the-us-government-bankrupt
3/1/2012 12:00:00 AM
On September 18th, the Fed surprised the financial world by announcing that it would continue creating $85 billion a month even though it had led the market to believe that it would begin to “taper” its pace of fiat money creation from that date. The Fed’s announcement sheds ...
https://www.richdad.com/taper-talk
10/1/2013 2:13:37 PM
I promised in last month’s article that I was going to teach from some very painful lessons I went through . Many years ago I went through a painful divorce. But it wasn’t just the divorce that caused pain. Shortly thereafter I met someone else, got engaged and again had my...
https://www.richdad.com/when-emotions-go-up-intelligence-goes-down
1/24/2019 10:41:18 PM
Summary Everything in business—success or failure—hinges on your ability to sell Don’t let fear get in the way; even the best sales person is afraid of rejection Remember: sales equals income Robert Kiyosaki is often a “go-to” for many ...
https://www.richdad.com/secrets-of-sales-superstars
9/28/2016 9:59:22 PM
Summary Many people think the key to being rich is to work hard, long hours. This isn’t true True productivity means saving time (and money), by maximizing your output in a given time Along with some other productivity tips, adjusting your min...
https://www.richdad.com/work-smarter-not-harder
12/18/2018 3:06:12 PM
Summary Starting a business without money requires product, marketing, and a solid team. Taking advantage of tax benefits when starting a business without money helps to scale your business strategically. In Part 2, you’ll learn steps 9-15 to ...
https://www.richdad.com/how-to-start-a-business-without-money-part-2
7/30/2019 3:33:25 PM
Summary Capital gains is not the only way to make money in the stock market, you can also invest for cash flow Discover how to use a gap down to actually profit Options give you the right, but not the obligation, to buy or sell a stock at a pr...
https://www.richdad.com/investing-for-cash-flow
4/8/2014 6:18:05 PM
My good friend Robert Kiyosaki once said, “If you want to be rich, you need to play by the rules of the rich." Meaning, the the rules of money are skewed in favor of the rich, and against the working and middle class. The problem is that most people are raised to think that ...
https://www.richdad.com/3-ways-to-avoid-taxes-legally
8/27/2018 9:32:52 PM
The US economy shrank by 2.9% in the first quarter. This was the biggest contraction since the first quarter of 2009 and it was far worse than anyone had anticipated. In fact, there have only been 12 worse quarters in my lifetime (b. 1960). We’ve been told that the terrible e...
https://www.richdad.com/gdp-shock
7/1/2014 10:09:24 AM
The global economy has been unable to recover from the economic crisis that began in 2008. The following chart explains why. The blue line shows the ratio of total credit to GDP in the United States. From 1950 to 1980 that ratio averaged around 150% of GDP. After 1980, ho...
https://www.richdad.com/economy-unable-to-recover
9/15/2014 10:54:36 AM
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