Rich Dad 2008 Predictions

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Rich Dad 2008 Predictions - Part 4

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Watch as Robert Kiyosaki and his advisors give their predictions for 2008. Part four of 4.

Etiketat: 2008 dad finance kiyosaki money predictions rich robert
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Rich Dad 2008 Predictions - Part 1	Rich Dad 2008 Predictions - Part 3	Rich Dad Kim's Upcoming PBS Special Promo

Rich Dad 2008 Predictions - Part 1	Rich Dad 2008 Predictions - Part 3	Rich Dad Kim's Upcoming PBS Special Promo

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Array ( 3 weeks ago by Alpha7000)

me2995:
Warren Buffett bought 129 million oz of silver when he saw it trending up. (WB alone brought silver from $4 to over $7/oz).
If Mike M. is correct and we have 300 million oz left at the surface ... WB owns 129 million out of those. No, he did not take it home with him. And yes, WB owns most silver on earth.
So stop copying the crap you read on silver forums written by losers who have nothing else to do and know nothing about it just as you don't. You are excused from this forum.

WB sold his silver ... ( 3 weeks ago by me2995)

WB sold his silver a long time ago. You can check out Jason Hommel's archive dd May 7 th 2006.

WB seems to have ... ( 3 weeks ago by Alpha7000)

WB seems to have gotten into silver early and out of it early, indeed.
And W. Buffett as a responsible investor buying EFTs, I am not sure you got my point. If there were a risk, the risk would have been considerably higher in his case. I have my physical hundred ounce bars in a safety deposit, and somehow I still don't feel I am in a position to criticize either one of them (Warren Buffett or Kiyosaki) for buying 'paper promisses', as their wealth is incomparably greater than mine...

WB also said that ... ( 3 weeks ago by me2995)

WB also said that derivates where weapons of mass distruction, though a few years later Berkshire was hit cause of the use of derivates.
I understand your point, but not sure if the fact that they have more money will mean their always right.

Yes he does. You ... ( 3 weeks ago by DimebagVision)

Yes he does. You haven't read his books. His books are filled with information if you are interested in educating yourself and not looking for the "get rich quick" or the "easy answer"

Common Sense is the ... ( 2 weeks ago by Boscovius)

Common Sense is the best mentor. Keep your debts to an absolute minimum. If you have to borrow to go to school, then fine, but make sure you put in the extra effort to pay it off when you graduate. Put your extra cash into gold and silver bullion. Skip the rare coins unless you wish to become an expert in numismatics. I stick with bullion. Silver in one and five ounce pieces, for now, larger bars when I can afford to. Gold I keep in 1/20th ounce pieces. Being mindful of hyperinflation.

I agree that it's ... ( 2 weeks ago by crobio19)

I agree that it's best to be out of debt but inflation is good for debtors because the value of the principal goes down.

Well, the point is ... ( 2 weeks ago by anottakenusername)

Well, the point is that I am looking for a mentor who isn't going to charge me thousands that I don't have to spend. I only read Kiyosaki's first book and the rest is hearsay so I could be wrong. If I am wrong please correct me. The only things his first book tell you are...
1-Educate yourself about money
2-Become a business owner or investor
3-Exploit corporate tax loopholes
4-Don't be afraid to lose money
5-Intellectualists suck
...but he doesn't say how to start any of that!

He also said "look ... ( 2 weeks ago by DimebagVision)

He also said "look for opportunities, and once you found one, study it, and if it is a good opportunity go for it" he also said "there are always opportunities following another opportunity" No book is going to tell you how to start, unless you buy a textbook or go to business school. But those 4 things you listed are usefull. The "intellectualists suck" thing kinda has me confused.

That was a little ... ( 2 weeks ago by anottakenusername)

That was a little bit of an exaggeration in reference to how throughout the book he just keeps showing how much better his "rich dad" is in comparison to his intellectualist "poor dad" at making money. He also mentions that the rich beat the intellectuals when it came to finding ways around paying taxes and that they will continue to do so because they have all of the influence. Also, I don't know if he says it directly but he strongly suggests that our current educational system is a waste.

Well if you ... ( 2 weeks ago by DimebagVision)

Well if you remember, Robert's real dad ended up losing his job so he had to start all over again. His rich dad kept on earning riches that he could pass on to his family. He also stresses the importance of education from school, but he thinks it should be reformed and should teach financial education as well.

In his Cashflow ... ( 2 weeks ago by bamby1969)

In his Cashflow game presentation Robert gives the example of investing $16,000 as follows: you buy a house from someone that gets foreclosed on (a recurrent example he gives of asap sales for legal reasons) with a return of investment of 86% when renting it out - so even if you only put down 16,000, after paying your monthly mortgage you still have about $700 mortgage walkaround money. If he can EXPLAIN just HOW you find this deal? Why does he give an example that sounds too good to be true?

(CONTINUED) I may ... ( 2 weeks ago by bamby1969)

(CONTINUED) I may accept that he has once found such a deal as mentioned in rich dad poor dad at the attorney general's office. BUT is this a deal you can find every few months? A rediculously low priced piece of real estate you can buy when a couple is getting divorced and / or someone gets foreclosed? IF NOT ... why does he incorporate these exceptions as everyday examples that you can allegedly just do?

500 oz of silver is ... ( 2 weeks ago by corvettedude346)

500 oz of silver is only $7,000 right now, buy it while it is on sale!

I have about 300 ... ( 2 weeks ago by smithestates)

I have about 300 properties in SO CA under 100K, can be rented from 1000-1400/ month
these properties have great cash flow
my website smithestates com

Array ( 2 weeks ago by RajaBegun)

.
August 15, 2008.
Silver is back to the price it was selling at two and a half years ago, beginning of 2006...
$12.5/oz - spot price.
At the start of 2008 they were talking about the new trendline established , we'll see gold at $2500 by the end of the year etc, etc, etc. One word about their predictions top to bottom:
Bullocks
(bullocks...)
.

I love it! This man ... ( 1 week ago by mrdoonbeg)

I love it! This man talk so much sense, then he mentions Ron Paul as the only candidate who could fix the problems with the economy, genius to genius! Pity America isn't listening!!

hahah you peopel ... ( 1 week ago by ispeakthetruth2008)

hahah you peopel are such fools. Robert mentions Ron Paul knowing that both are considered wacko losers so he does it to galvanize his fraudulant stature. You kids are really naive. Finally RObert is a fraud and knows nothing. You will all see when you get blasted in real estate. IF YOU CANT SEE KIYOSAKI IS AN IDIOT MARKETING CROOK MAKING MILLIONS SELLING YOU EMPTY DREAMS THEN YOU ARE A COMPLETE FOOL AND YOU ARE HELPLESS.

Yup. Watch, the ... ( 1 week ago by Tasadaru)

Yup. Watch, the people of America will be asking again, "Where are the people of understanding who use to represent us? Where is our Thomas Jefferson?" America had its chance but now they will suffer the consequence from arrogance and ignorance. However, things can be so bad in America that maybe the people will finally realize that they already have the answer to their problems: a strict adherence to the Constitution and natural law.
"Unite or Die. Liberty or Death."

too bad for you, ... ( 1 week ago by rofsjan)

too bad for you, that you don't get it.

Apparently you ... ( 6 days ago by CCSFD)

Apparently you don't read history books. History has shown that every paper money scheme is a scam. EVERY ONE. I challenge you to find ONE society that used paper money and didn't TOTALLY COLLAPSE. Come on, bigmouth, show me the historical proof of your bullshit.

There was one video ... ( 4 days ago by lti12)

There was one video about Robert predicting the dollar will collapse at the end of 2007.
He made that prediction in January 2007.
Although, he is wrong on his predictions I agree with him that cash is trash, and this is daffinetly a dangerous time to hold cash

LOL, so he can get ... ( 4 days ago by lti12)

LOL, so he can get some of your trash

Do what pays you ... ( 22 hours ago by Yadgyu)

Do what pays you the most and the love will follow.

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Rich Dad 2008 Predictions - Part 4