rich Dad Poor Dad - Robert Kiyosaki [FULL SUMMARY]

7 Lessons To Get Rich From Robert Kiyosaki's "Rich Dad Poor Dad"

[jameswood]

In my view, staying invested is not just a financial strategy; it's a philosophy that aligns with long-term wealth-building. Markets have their ups and downs, but history has shown that, over time, they tend to appreciate. By weathering the short-term fluctuations and remaining invested, one has the opportunity to benefit from the compounding effect, capitalize on market recoveries, and achieve financial growth. Staying invested requires patience, discipline, and a focus on the bigger picture – a strategy that, in the journey towards wealth, has proven to be consistently rewarding.

[hersdera]

I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it

[tmer]

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

[JenniferDavis]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

[bkmitch]

I read this book about 15 years ago. Many of the lessons are sound. I was living paycheck to paycheck. I now own a home with over half a million in equity. Do not constantly budget to make sure bills are going to be paid. I am an active stock trader. While the market was going red my account was running greener then ever. Take the time to learn as much as you can about money and how it works. I will not happen over night. Also some background, I am native american and grew up very poor. I did not have running water and had electricity via generator. you can do it, just one step at a time and belief in yourself.

[blackhowl]

TLDR
Rich Dad:

Emphasizes the importance of financial education.
Advocates for assets that generate passive income (investments, businesses).
Believes in taking calculated risks to achieve wealth.
Poor Dad:

Focuses on traditional education and job security.
Encourages working for a stable paycheck and saving money.
Believes in avoiding risks and sticking to the conventional path.
Key lessons:

Invest in Assets: Acquire income-generating assets rather than liabilities.
Mindset Shift: Develop a mindset geared toward financial independence and entrepreneurship.
Financial Education: Continuously educate yourself about money and investing.
Ultimately, the book encourages readers to challenge conventional beliefs about money, work towards financial literacy, and strive for financial independence.

[taranggwesu]

One of the books that brought change to my perception towards life

[niniserenity_]

So I was watching this with my 8-year-old son beside me, suddenly at 5:15 he asked me, "Why do we have to live long? What's the point of living on this earth?"

[JefferyDuns]

I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

[dovefooks]

This is so good. I love the book but I love the visuals of this video more. Thank you!!

[alessandromariani]

Earning money isn't a science, it's an objective... like going into a shop to get some shoes. Science tells you how to improve, like everything, and the right name for such science is Finance, which study exactly that. So finance it's a science that study all the possible ways of obtaining, managing and using money.

[BurningDesire_letsgo]

Beware of scammers, always trust but verify and verify some more before investing a penny… Too many scammers in our 🌎….

[kimwieczorek]

This was my 2nd fav. book. My fav. book was The Millionaire Next Door.

[danielhancock]

The advice in the video is excellent and true for an ambitious person. It was easier for me to get rich when i learnt the method of diversification for my investment portfolio. Like spread my investments across different asset classes to manage risk. I focused on capital appreciation through high-risk, high-reward assets.
Income-oriented strategies target regular income from dividend stocks and bonds.
Used the value strategy to seek out undervalued assets for potential long-term gains. Worked magic!

[amirdan]

How the hell 2 kids with no money opened a library with tons of comic books?

[paigek]

Thank you for summarize the book in a such easy fun to watch video. Please do more books😊.

[Najmu]

Thanks for rich dad & poor dada Summary

[bisongpeter]

I'm a student in Nigeria I'm working on a project Marine debris evacuator
My course mates and I we are 8 in number
We need a push and help from anyone out there who cares about the aquatic life and Marin environment to take this project out to the world to help preserve the marin ecosystem.

[bobbyvolantine]

Thank you for these beautiful informative video i wish we knew yesrs ago thank you

[litoace-swzf]

Very interesting. When you get a chance you def gotta listen