Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The podcast discusses the financialization of the economy, the role of central banks in propping up the stock market, and the impact of fluctuations in the value of the dollar. They also touch on rising gas prices, investment opportunities in oil and electric vehicles, and the future value of commodities like silver and copper. The episode concludes with a discussion on investing in assets with no counterparty risk, such as gold or bitcoin, in times of uncertainty.

Andy Shectman, an expert in gold and silver investing, delves into the importance of understanding real money and the risks of fake money. They discuss global affairs, Gresham's law, China and India's acquisition of gold, and the geopolitical implications of the Taliban's control over Afghanistan. Shectman argues that excessive money printing by the United States will lead to a collapse of the entire system.

Bert Dohmen, author of the Wellington Letter, joins Robert Kiyosaki to discuss the current market situation, predicting it will worsen. They highlight the importance of studying history, touch on cryptocurrencies, bonds, commercial real estate, inflation, and China's impact on the global economy. Robert recommends subscribing to Bert's Wellington Letter and shares his plan B involving silver and gold. They emphasize taking control of your financial future.

Robert Kiyosaki and Jay Martin discuss the risks and opportunities for investors in the current economy, highlighting the importance of paying attention to macroeconomic factors and considering alternative investments like precious metals. They talk about the state of the US government and the stock market, as well as the entrepreneurial nature of the Vancouver Resource Investment Conference. They emphasize the need for education and explore the concept of investing in gold and silver as safe havens in an unstable world.

Expert Mark Moss joins Robert Kiyosaki to discuss the tipping point to wealth or ruin. They emphasize the importance of financial education, retirement challenges during market decline, and the misconception surrounding assets. They also discuss living debt free, lessons learned from real estate investing, and the upcoming wealth transfer opportunities. Additionally, they explore the relationship between macroeconomics and microeconomics, the importance of staying ahead of macroeconomic trends, and the contrast between capitalists and socialists in wealth distribution.

Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' discusses the incentives of the US tax system and how anyone can benefit from them. He also shares his favorite wealth-building asset. Topics include realizing the unfulfillment of corporate work, advantages of understanding tax law for small business owners, challenges for young people in the workforce, the importance of financial literacy, and empowering Latino and Asian communities for economic ownership.

We take a look back over the last several months at some of the best conversations that happened on The Rich Dad Radio Show. Mark Moss - Klaus Schwab, the founder, and chairman of the WEF, Henry Kissinger, heads of state, and other billionaire power brokers determined that by 2030, the little people “will own nothing and be happy.” He goes on to explain “Per the UN, it’s estimated 860 million people could starve to death in the next 24 months.” George Gammon - From UBI, CBDCs, and the power of the World Economic Forum, Gammon warns, ”We are going through weeks where decades are going to happen.” And there’s no excuse for not educating yourself with the amount of information available to everyone. Andy Schectman - Following the collapse of Silicon Valley Bank, Treasury Secretary Janet Yellen told senators that the guarantee of being bailed out would not be extended to smaller regional banks in the future. Lawmakers are concerned these backstops could become a new norm for big banks, giving “too big to fail” banks an unfair advantage over community lenders. James Rickards - James Rickards, author of “Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink The Global Economy” says, “We’re heading for a very severe recession.” Rickards explains how Jerome Powell and the Fed’s rate hikes will throw the economy into a recession and by the time they realize it, it’ll be too late to do anything about it. Rick Rule - Rick Rule highlights the alarming levels of debt and the potential consequences for future generations. Rule suggests “One of the ways you get outta holes, is you stop digging.” And he encourages listeners that they are responsible for their own future and to take action now. ----- See important disclosures at masterworks.com/cd ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Robert Kiyosaki and Laine Schoneberger discuss the student loan crisis and the role of entrepreneurs in finding solutions. They criticize the government's involvement in the student loan industry and highlight the burden of student loan debt. Schoneberger introduces his company, Yrēfy, which focuses on helping borrowers with private student loans in distress. He and Robert discuss the lack of bankruptcy provisions for student loans and the rising costs of education. Laine explain how Yrēfy offers refinancing options to provide relief for borrowers. He emphasizes the need for better solutions and shares testimonials from borrowers who have benefited from Yrēfy's services. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Former professional baseball player Alex Rodriguez discusses the importance of coaching and mentorship in sports, his personal journey with immigrant parents, investing in real estate, and the qualities of successful athletes and entrepreneurs. The episode offers valuable insights into sports, investing, and entrepreneurship.

Topics covered in this podcast episode include the impact of COVID-19 on the global economy, the student loan debt crisis, investing in stocks and the oil and gas industry, the potential of artificial intelligence, and the importance of financial education. The speakers express concerns about rising interest rates and emphasize the need to be prepared for economic changes.