💡Assets vs Liabilities Explained! ✅ Robert Kiyosaki || InvesThink

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🌟In this clip, Vlad started off speaking to Robert Kiyosaki about assets vs liabilities, which led to Vlad detailing his thought process on real estate before starting VladTV. Vlad explained that he was never able to make money with real estate, and Robert explained that he doesn’t put much worth in Grant Cardone’s advice. Robert then explained that assets are things that make you money, but the opposite is true for liabilities.

🌟Robert Toru Kiyosaki is an American entrepreneur, businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name. 💼💡📚

He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts. 🎮💰💡

Kiyosaki is the author of more than 26 books, including the international self-published personal finance Rich Dad Poor Dad series of books which has been translated into 51 languages and sold over 41 million copies worldwide. 📚🌍📈💰🌐"

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⏰ Video Duration: 00:00:54
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This is not a sponsored video. The intent of this video is not to hype but to share knowledge and to educate everyone. This is for educational purposes only and not for advertising. ⚠️

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Credits to: Robert Kiyosaki

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[jocelyndanabar]

Owning a House defo cost alot. But if you rent it out for maybe 200 a month, you'll earn something still. U still need to have a job becoz 200 aint enough to last a good month

[rezonfps]

So if you buy a car, say for $40k, all cash, and over 5 years it appreciates +5k or a total of $45, 000, then its an asset, right? And you don’t lease it to anyone, you just simply use it and it appreciates in value.