Alejandro Cardona, an economist-turned-multimillionaire and technical trader, shares his wealth-building insights after retiring in his 30s. He emphasizes the transformative power of financial education and critiques traditional advice, revealing how understanding technical trading can turn market crashes into opportunities. The conversation highlights the importance of accumulating assets, leveraging debt wisely, and shifting viewpoints from fear to confidence about investing. Alejandro's journey showcases how practical knowledge trumps outdated financial theories, paving the way to true financial freedom.
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insights INSIGHT
Financial Education Is Broader
Financial education is much broader than traditional schooling, which often indoctrinates anti-capitalist views.
Understanding financial statements and markets is crucial but largely absent in school curricula.
insights INSIGHT
Market Volatility Is Opportunity
Stock markets naturally fluctuate up and down, creating cycles of opportunity and risk.
True financial education enables you to profit from these movements instead of fearing crashes.
question_answer ANECDOTE
Alejandro’s Academic Journey
Alejandro studied economics and finance at Tulane but found no practical wealth-building answers there.
Reading Rich Dad Poor Dad and playing Cashflow 101 transformed his approach and mindset, leading to early financial freedom.
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In 'Rich Dad's Prophecy,' Robert T. Kiyosaki and Sharon L. Lechter predict an impending financial crisis and emphasize the importance of financial education and preparedness. The book warns against traditional financial advice and reliance on government and corporate pensions, highlighting the need for individuals to understand the mechanics of money, investments, and the economy. It draws on historical market downturns, such as the Great Depression and the 2008 financial crisis, to illustrate potential future economic threats. The authors advocate for a proactive approach to financial management, encouraging readers to build their financial knowledge and take control of their financial destinies to navigate and mitigate future financial turbulence.
Rich Dad Poor Dad
What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not
C.P.A. Sharon L. Lechter
Robert Kiyosaki
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
Most people panic when the market crashes. But what if you could actually profit from it? In this episode of the Rich Dad Radio Show, Robert Kiyosaki sits down with Alejandro Cardona — an economist-turned-multimillionaire — to break down what real financial education looks like. Spoiler: It’s not what you learn in school. Alejandro shares how reading Rich Dad Poor Dad, playing the CASHFLOW® game thousands of times, and understanding technical trading allowed him to retire in his 30s — while most people are still stuck saving for retirement. They discuss why market crashes are a massive opportunity, not a threat, and how most traditional advice (like “save money” or “get out of debt”) is financially destructive. If you’ve ever wondered how the rich think differently — and how to shift from fear to confidence — this episode is your blueprint. 00:00 Introduction 00:14 The Importance of Financial Education 02:30 Understanding Financial Statements 03:02 Critique of Traditional Financial Advice 04:03 Fundamental vs. Technical Investing 09:38 Alejandro's Financial Journey 22:03 Technical Trading and Real Estate Investments 24:12 The Power of Accumulating Assets 28:23 The Role of Debt in Wealth Building 32:34 Generational Wealth and Financial Freedom 34:04 Final Thoughts and Gratitude ----- Gold is up over 24% this year, and Wall Street is still pushing paper ETFs. But those are just IOUs. When the system cracks, paper gold won’t save you. Real gold—the kind you can hold—is the asset smart investors are turning to now. The FREE Rich Dad Gold Forecast Guide shows how physical gold could keep rising—and how to move part of your IRA or 401(k) into gold tax- and penalty-free (U.S. Residents Only). 📘 Claim Your Free Guide: https://www.eckd9jsl.com/58GQMR/D2N14D/?sub3=YT 📞 Call 866-703-9895 or 📱 Text GOLD to 24999 to learn more. ----- Disclaimer: The information provided in this episode is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business 
