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

What do tulip bulbs and cryptocurrencies have in common? Today’s episode proves that amateurs are at the highest risk for losing big when an asset is in a bubble.  You need only look at our crazes in modern times like the tech stock bubble of the early 2,000s, the sub-prime crisis in 2008, and even the designer fruit craze in modern-day Japan, where it can cost up to £20,000 for a square watermelon. Jim Rogers, a financial commentator, and successful international investor says, “If you want to be rich you should study history.”  Unfortunately, the average investor doesn’t understand the fundamentals of the markets. They just buy because the market is going up…and everyone else is doing it. Host Robert Kiyosaki and guest Jim Rogers discuss how we are doomed to repeat history if we don’t learn from history.  www.jimrogers.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Prager University is the world's leading conservative nonprofit that is focused on changing minds through the creative use of digital media. Taking full advantage of today's technology and social media, PragerU educates millions of Americans and young people about the values that make America great.  Marissa Streit the CEO of PragerU says, “If we lose free speech, we will lose America as we know it.”  As a Vietnam Veteran, Robert Kiyosaki fought to uphold the ideals of freedom, including Capitalism. He has spent most of his adult life educating people how to become financially free, which he believe is the basis for almost all other freedoms.  Host Robert Kiyosaki and guest Marissa Streit discuss how PragerU is fighting to promote liberty and wealth around the world.    Learn more about your ad choices. Visit megaphone.fm/adchoices

Trillions of dollars of funny money are being created by the Fed, and for a lot of people, everything seems good. Unfortunately, the experience of today’s guest tells him otherwise.    Doug Casey is the author of “Crisis Investing” and a world-renowned speculator, libertarian, and philosopher who says, “I believe we’re well into what I call The Greater Depression. A lot of people believe we’re in a recovery now; I think, from a long-term point of view, that is total nonsense. We’re just in the eye of the hurricane and will soon be moving into the other side of the storm.”    Casey warns listeners that the U.S. government is acting the way the Argentine government has and fears that it will lead to a diminished standard of living and violence in the streets as thousands of Americans are under real financial pressure.    Host Robert Kiyosaki and guest Doug Casey discuss America’s economic outlook following the Fed’s printing spree over the last several years.    Read more from Doug Casey: www.internationalman.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The global money supply is $90 trillion and in the grand scheme of money, Bitcoin plays a very small role. Today’s guest warns listeners against investing in Bitcoin to “get rich quick”.    Anthony “Pomp” Pompliano, the host of The Pomp Podcast, and a respected voice in the cryptocurrency asset says, “The entire drop from $60,000 to $30,000 was all new investors selling their Bitcoin.”    Seasoned investors know better. They know that markets always go up and down. They know that when a bull market is hot, it will come crashing down at some point in time—and the higher a market rises, the faster and harder it crashes.   Host Robert Kiyosaki and guest Anthony Pompliano discuss the key factors to surviving bear and bull runs in cryptocurrency.      Listen to Anthony Pompliano on The Pomp Podcast at www.anthonlypompliano.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert Kiyosaki’s mentor, Dr. R. Buckminster Fuller talked about the pace of technology and how we were “entering the world of the invisible.” To him, technology was advancing so rapidly that many people were blind to it. This is exactly what is happening right now as Green technology. It is taking off fast and quickly becoming more efficient than energy from coal, oil, and gas. But most people don’t see it. Marin Katusa, the author of the best-selling book “The Colder War” says, "The mainstream media in America tends to project a lot of doom and gloom about the direction of things, from the failure of the great American experiment to the collapse of the U.S. dollar. The reality is quite the opposite. Don’t get me wrong, there will be major economic dislocations, changes in patterns of international trade, new political alignments, and tensions, etc. But the winner is going to be America.” In his book The Rise of America, he looks at the history of the U.S. monetary system and its struggles, outlining clear weaknesses in our infrastructure that we must attend to if we want to outpace China’s growth in manufacturing, supply chains, and technological training.  Host Robert Kiyosaki and guest Marin Katusa discuss how you can get rich by saving the environment.    Learn more from Marin Katusa: www.katusaresearch.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The world economy is in a precarious state, and the US economic problems are at the heart of the world's fears. At the center of the US economic problems is a weakening dollar, and today’s guest reminds us that all assets are in a bubble.  Harry Dent is a best-selling author and one of the most outspoken financial editors in America. He predicts “the biggest crash ever” and will most likely hit by the end of June, if not sooner.  “Fake earnings, fake GDP, fake interest rates and super-high valuations” make for an increasingly untenable situation, he warns. The expanding market bubble has been building since 2008. But the Federal Reserve keeps averting the next huge crisis by continuously “printing money.”  Listen as Harry Dent reveals his predictions for the price of Bitcoin, real estate, and commodities like gold and silver.  Host Robert Kiyosaki and Kim Kiyosaki and guest Harry Dent discuss what Harry calls the “biggest crash ever” and what you can do to prepare for it.    Get Harry Dent’s free newsletter: www.harrydent.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Across the world, assets are in a giant debt bubble—some say it’s the largest in the world's history. Today’s guest says since the financial crisis of 2008 through the coronavirus pandemic, central banks have tried to prevent economic meltdowns by printing more money, and no politician has stepped in to prevent it.  John Adams, Chief Economist for As Good As Gold Australia says, “We see a 1.9 trillion dollar stimulus in the US along with a climate change package and numerous executive orders. Besides, they are planning increases in the minimum wage and higher taxes, all of which will have an economic impact.” As a result, the question most people will ask themselves is: where should I put my money to protect my wealth? Adams says, “Portfolio allocation changes dramatically depending on whether you believe we are headed for hyperinflation compared to if you believe we are headed for deflation.” Host Robert Kiyosaki and guest John Adams discuss the economic aftermath of unlimited printing of money and how to protect your personal wealth. Stay to the end to find out why Adams questions the origins of Bitcoin and cryptocurrencies.  Learn more from John Adams: www.adamseconomics.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people think of investing as any situation where you put down money with the expectation of getting a return on your money. Unfortunately, what many people think of as investing is actually gambling. For years, most people invested in traditional stocks and bonds. Stocks and bonds followed sound economic and business principles. As retirement nears, millions of Baby Boomers are scrambling for deck chairs on the Titanic as the stock market grows into a giant bubble.  In this episode, Robert compares how the generation who thought bonds were a safe investment is no different than the speculators in cryptocurrency.  Robert gives this warning: with the inflation rate so low, the Fed will do whatever it takes, including launching another round of Quantitative Easing, to make sure that interest rates remain low. That is because the Fed understands that if interest rates go up significantly, the stock market and the property market will fall sharply, causing the US and the rest of the world to go back into a severe recession—wiping out the retirement of millions of people.  Host Robert Kiyosaki discusses why those who take the advice of their financial planners by investing in “safe” investments like bonds, could be in a world of hurt if the US finds itself back in a recession.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Last March, the Fed came in and started buying junk for cash by doing that, it has doubled the amount of artificial money flowing to big banks since 2008. As a result, today’s guest says, the Fed, by criminal standards, is laundering money through the banks.  Nomi Prins is the author of “Collusion: How Central Bankers Rigged the World” and a geopolitical financial expert who says, “You can think of money as a virus, it likes to find an easy host in which it can multiply the fastest such as in financial markets like the stock market.” With the injection of money by the Fed, all of this “extra money” has this artificial effect on the markets. Nomi continues to explain that as the Fed-inflated assets grow relative to real ones, the greater the inequality gap.  Host Kim Kiyosaki and guest Nomi Prins discuss what the post-pandemic market will look like and how you can prepare for what’s ahead. Find out more information about Nomi Prins publication “Rapid Growth Opportunities”:  https://paradigm-reports.info/Nomi-Prins-Rapid-Growth Learn more about your ad choices. Visit megaphone.fm/adchoices

The simple definition of inflation is when prices rise and the purchasing power of a currency drops. It means that you can buy less with your money than you used to be able to. As Charles Holt Carrol said, "Inflation is the surest way to fertilize the rich man's field with the sweat of the poor man's brow." Robert Breedlove is the host of the podcast “What is Money?” and he says, “The US in 2021 is on equivalent monetary footing as France in 1791.” And the US is on track for its money to supply to quadruple by 2035.  In this episode, host Robert Kiyosaki and guest Robert Breedlove answer the question of how the falling dollar could cause “hyper-bitcoinization.” Also discussed is:  What the next ten years has in store for Bitcoin and the US dollar What will happen to the dollar by 2035 How every time a currency collapses, societies collapse What Robert Breedlove says will disrupt gold Listen to more from Robert Breedlove:  The "What is Money?" Show Podcast: https://whatismoneypodcast.com/ The "What is Money?" Show YouTube: https://www.youtube.com/user/breedlove198 Learn more about your ad choices. Visit megaphone.fm/adchoices