If you’re facing a windfall in new money, now is the perfect time to put into place the rich dad fundamental: invest in cash-flowing assets.
But in order to do that, you need to understand the investing fundamentals. In this video, we give you the six basic rules of investing to master, taught to me by my rich dad.
Learning and mastering the rules of investing takes a life-long investment in financial education. But these basics will get you started. Where you go from here is up to you.
If you want to put these rules into action, I strongly encourage you to read my blog: and play CASHFLOW the Board Game:
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Master the Six Basic Rules of Investing – Robert Kiyosaki
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” is a well-respected figure in the world of finance and investing. He has been sharing his wisdom and insights on how to build wealth and achieve financial freedom for many years. One of the key topics he often talks about is the six basic rules of investing, which he believes are crucial for anyone looking to succeed in the world of finance.
Here are the six basic rules of investing according to Robert Kiyosaki:
1. Educate Yourself: Kiyosaki emphasizes the importance of continuously educating yourself about investing. Whether it’s through books, seminars, or online courses, staying informed and knowledgeable about the market is crucial to making informed investment decisions.
2. Take Calculated Risks: Kiyosaki encourages investors to take calculated risks, rather than playing it safe all the time. He believes that without taking risks, it’s impossible to achieve significant returns. However, it’s important to assess the potential downside and ensure that the risk is aligned with your overall investment strategy.
3. Diversify Your Investments: Kiyosaki advises investors to diversify their portfolio to minimize risk. By spreading your investments across different asset classes and industries, you can reduce the impact of any one investment underperforming.
4. Be Patient: Kiyosaki stresses the importance of being patient when it comes to investing. Building wealth takes time, and it’s crucial to stay focused on long-term goals rather than getting caught up in short-term market fluctuations.
5. Be Disciplined: Kiyosaki believes that discipline is key to successful investing. This means sticking to your investment strategy, avoiding emotional decision-making, and not getting swayed by market noise.
6. Surround Yourself with Successful Investors: Kiyosaki recommends surrounding yourself with successful investors who can share their knowledge and insights. Learning from others’ experiences can be incredibly valuable in the world of investing.
By mastering these six basic rules of investing, Kiyosaki believes that anyone can achieve financial success and build true wealth. However, he also emphasizes that it’s essential to stay adaptable and continuously evolve your investment strategies based on market conditions and new opportunities.
In conclusion, Robert Kiyosaki’s six basic rules of investing provide a solid foundation for anyone looking to navigate the complex world of finance. By educating yourself, taking calculated risks, diversifying your investments, being patient, staying disciplined, and surrounding yourself with successful investors, you can increase your chances of achieving financial freedom and building long-term wealth.
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mr Martinez amend.
Coming to rich area
My mentor… my dream is to meet you and talk to u
Thank u for everything you taught me
Ur book rich dad poor dad inspired me alot
God bless u sir
Good information too bad he's a fascist
4:47.
$72trillion for heritage for richest people
children white Americans and Nigeria To
know how
to work for money and
make the money/ through working in
office
jobs or internet fraud to make the
money..
$72trillion for heritage for richest man
children white Americans and Nigeria To
know how
to work for money and
make the money/ through working in
office
jobs or internet fraud to make the
money..
The best way to build wealth is to start early in life. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great investing book.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience
Having harbored financial concerns throughout my entire adulthood, it's intriguing to watch this video and recognize the potential for significant achievements with proper goal-setting. Experiencing the freedom of not being consumed by financial worries that haunted me for numerous years is genuinely liberating. I believe this is the outcome of consistently putting in diligent effort for the future.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.
I'd ask a donkey how to invest before I'd ask stupid. Robert Kawasaki
What more can you ask for when having a tutor like Roberts that have proven themselves to be good at what they do. but overall it’s been a privilege to learn from him thru videos. Absorb every bit of information from these guys because it’s a once in a lifetime opportunity to learn from them & grow yourself into becoming the next generation of entrepreneurs. Old video but good to hear
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead. Thanks to my financial advisor for aligning my individual's risk tolerance and financial goals?
Im an accountant and its not true that cash flow is important, its the statement of income. There you'll see different types of income, you wont see the schedule broken down in the cashflow, its in the whole schedule of the Financial statement.
Stop saying youre not getting taxed, dividends are subject to double taxation. It got taxed after becoming an income of a company then get taxed again thru final tax.
That is one of the reasons why a country is going sovereign default, what do you think if the country had not enough taxes?
Looking for recommendations for books about financial education. Lmk pleaase <3
The psychology of money and investing is a complex and fascinating field that involves understanding how individuals think, feel, and behave in relation to financial decisions. Understanding these psychological factors is crucial for investors, as it can help them make more informed and rational decisions. Financial education, self-awareness, and a disciplined approach to investing can help mitigate the impact of these psychological biases. Additionally, seeking the advice of financial professionals can provide valuable perspectives and guidance.
with inflation worries growing, and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway.
I need to understand this more so let's say you had no money obviously you need to get a job to start to save something? Everyone I know working can't save any money
Space industry……… commodities market
Thanks for sharing ! I currently make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
Is this a good time to buy stocks? I know everyone is saying we are in the bull market and all, but obviously there are strategies to maneuver when there is a bear market but these strategies doesn't come common to the average folk, I'm attempting to create a portfolio for me and my children that will at least be $1.2m in value.
Your businesses will make you rich but your investments will make you wealthy. The future is inevitable. I pray everyone here becomes extremely successful.
Is the cash flow game available all around the world? In an application software form.
"My gratitude and praise to this team of guru's for bringing my life back on track when I thought everything was gone, but with the help guidelines I was able to realized that the secret to making a million is saving for a better investment"
Rugby world cup 2023 !!! New zeeland (favourites) {rich dad} | South Africa [Winners] {poor dad} . . . . . . . . "Food for thought" . . . . We south africans' need INVESTMENT not dis- vestment !!!!!
Amazing content, You remain the best!! It's been a year since I found ways to improve my finances and by working with a renowned professional, I was able to attain financial independence. I have to say this ; “As long as you are determined and work hard, you can achieve whatever you place your mind on.”
your tactics are the bestI earned a lot and think I will gain even more with it
Masama Po ba akong tao sir Ako Po napakasamang tao sirang sira sa KAKHIYAN na Ng yari ano Mali ko sa inyong LAHAT sir tang'gapin ko ung Mali ko sa Ng yari sa laro Kong nasira Buhay ko sira ninyo sir senxa kana sir UN lang Po Ang totoo sa LAHAT Ng sinabi ko
nice
I need some investors to join team with me in a tour business I runs
Earned income = from job
Portfolio income = from capital gains and dividends
Passive income = WTF is this shit?
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
How do you pay yourself. Ive started the LLC. how do i pay myself from the LLC. what best. thanks
This is a great video, I learn a lot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Evelyn Keil for improving my portfolio. keep up with the good videos.
Of course she fell in love with him. He brought more value to her life than any other human ever could or would. Of course she did….
I gues i really more education on this, using debts to get rich!!!! I really need to understand the point here!!! Do i have to borrow money and use that money wisely that is investing and pay back later????
What does he mean with cash flow, the money from renting out?
The greater the passive income you can build, the freer you will become. Taking the first step is always tough, I made over 120k USD with a start of 30k in the last 7 months. Importance of investing cannot be overemphasized, that's the only way to gain financial freedom.
Somebody teach how to grow up to be entrepreneur
thanks for sharingggggggggggg
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income…
He is my salvation to me.