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

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. Today’s guest says, “This has been happening all throughout history.”  In this episode you’ll learn:  Bad Money (Fake gold) vs. Good Money (Real gold) Why silver is becoming more scarce and what that means for its price What the future holds for real gold and silver Kevin DeMeritt, Founder and Operator of Lear Capital, says, “Silver’s forecast is much better than gold, because the Biden Administration is looking at implementing a $2 Trillion green energy program.” Hosts Robert and Kim Kiyosaki and guest Kevin DeMeritt discuss what’s in store for gold and silver in 2021 and where you should be putting your hard-earned dollar.  OFFER FOR RICH DAD LISTENERS:  Call Lear Capital and learn more about owning physical gold and silver, and the first 75 callers will receive a silver mercury dime (minted in 1916-1945). Call in and get the FREE Information: 800-511-1960.   Learn more about your ad choices. Visit megaphone.fm/adchoices

On the bullish side, there is a GIGANTIC amount of money being pumped into the financial markets by the Fed, which is creating and injecting $120 billion into the markets every month.   On top of that, the Treasury Department has a bank account with more than $1 trillion in it; and it plans to spend all that money over the next few months. All this Liquidity is likely to put more upward pressure on the price of stock, property, gold, and other asset classes. Today’s guest is Richard Duncan who is the author of “The Dollar Crisis: Causes, Consequences, Cures.” He says, “There is a liquidity tsunami pouring into markets. Fortunes are going to be made on either side depending on who wins out.”   On the bearish side, people are nervous that Inflation is going to pick up sharply. This is causing interest rates to rise. Higher interest rates are making the markets very nervous and could cause a panic attack and a stock market sell-off. Higher interest rates could also cause the price of gold to fall.  Hosts Robert and Kim Kiyosaki and guest Richard Duncan discuss the liquidity tsunami pouring into the market and what it means for asset prices in 2021.  Offer for Rich Dad listeners: To receive 50% off your subscription to Macro Watch, visit richardduncaneconomics.com and hit the Subscribe Button, and, when prompted, use the discount coupon code: rich  Learn more about your ad choices. Visit megaphone.fm/adchoices

If you sold, mined, or traded cryptocurrencies in 2020, then this episode is for you! Tom Wheelwright, Rich Dad Advisor on Taxes, warns listeners as they prepare for filing taxes this year, “Anytime you use or trade your virtual currency, that’s a taxable event.” But what does trade mean, exactly? According to Tom, if you did anything other than just buy it, then you have to declare it—if you don’t it’s a felony.  In addition to the tax rules of cryptocurrencies, Tom and Robert discuss opportunities to pay less taxes on other commodities like gold, silver, oil, and solar. And as Tom predicts, Green Energy investors will be rewarded with incentives in the near future because every government wants cheaper energy.  Host Robert Kiyosaki and guest Tom Wheelwright discuss what changes are happening for gold, silver & Bitcoin, and how you can pay less taxes, legally.  To learn more about the IRS Tax code on cryptocurrencies, visit: www.wealthability.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The average person in a developed country spends 25-35 percent of their life working to pay taxes. That means more than two hours of every workday are dedicated to feeding your government. Today’s guests discuss how instead of working to pay taxes, you can invest to pay zero taxes—legally! Tom Wheelwright, Rich Dad Advisor on taxes says, “The real purpose of the tax law in your country is to provide incentives to business owners and investors. The law would be three pages long if it were not for that. Instead, it has thousands of pages to give these incentives to business owners and investors.” Ken McElroy, Rich Dad Advisor on real estate says, “When we look at real estate, we are looking at it from a long-term, cash-flowing, pay-less-tax-strategy regardless of what’s happening in the market.”  Hosts Robert and Kim Kiyosaki, and guests Tom Wheelwright and Ken McElroy discuss the exact formula they use for investing in real estate and how they pay zero in taxes. Learn more about your ad choices. Visit megaphone.fm/adchoices

We all define retirement differently. For most, it probably involves an island somewhere, a hammock, a good book, and a glass of wine sitting next to you as you relax for the first time in a long time. In this episode, paper asset experts discuss why for so many people across the globe this is a dream they’ll never realize, and how the 401(k) was never designed to make you rich.  As Tom Wheelwright, Rich Dad Advisor on taxes says, “These government-qualified retirement plans provide temporary tax benefits, but they’re also the reason most people will never be able to stop working for money.” Andy Tanner a Rich Dad Advisor and the author of “401(k)aos” and “Stock Market Cash Flow” says “If you plan to retire poor, the 401(k) is for you.” Hosts Robert & Kim Kiyosaki and guests John MacGregor and Andy Tanner discuss the tax advantages and disadvantages of paper assets like stock, bonds, mutual funds, and 401(k)s.  Tom Wheelwright: www.wealthability.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With a new Administration in the White House, there is a lot of speculation surrounding Biden’s tax plan and the impact it will have on business owners. In today’s episode, the guests discuss how you can take advantage of tax incentives regardless of who is in office.  The rich pay very little in income taxes because they don't earn their money as employees do. They know that the best way to legally avoid taxes is by generating passive income out of the right side of the CASHFLOW Quadrant—the Business (B) and Investing (I) side. Tom Wheelwright, Rich Dad Advisor and author of “Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes” says, "Tax laws are a series of incentives for Entrepreneurs and Investors. If you're going to make the big bucks and pay less taxes, you better focus on getting to the B / I side of the CASHFLOW Quadrant."  Garrett Sutton, the author of several books, including “Start Your Own Corporation” says, “It’s important to set up your entity to protect yourself from paying high tax rates and lawsuits.” Hosts Robert & Kim Kiyosaki and guests Garrett Sutton and Tom Wheelwright discuss the tax advantages for business owners and how to pay less tax legally.  Visit Tom Wheelwright’s website: https://wealthability.com Visit Garrett Sutton’s website: https://corporatedirect.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert Kiyosaki is well-known for the phrase “Savers are losers” and it’s never been more true than in today’s economy. In his book, today’s guest says, “As history reveals an ugly pattern of governments spending tomorrow’s hard-earned savings today leaving unknowing savers holding the bag.” What most people don’t understand is that this is all a well-orchestrated plan to keep things from collapsing. But if you have to understand what comes next you can profit.  EB Tucker the author of “Why Gold? Why Now?” says, “There’s a reason why the world’s elite count gold as a core asset. During periods of financial turmoil, it’s invaluable.” Tucker further explains, “Gold is the only asset that's not someone else's liability. Apartments rely on paying tenants, stocks rely on company profits, bonds rely on stable interest payments. Gold doesn't rely on anyone or anything for its value.” Host Robert Kiyosaki and guest EB Tucker discuss why you need to stop playing defense with your money, and why owning gold today is more important than any other time in history. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today it’s clearer than ever, the problem facing millions of people around the world is the lack of financial education being taught in our schools. In this episode, our guests discuss how what the world needs more now than ever is entrepreneurs and investors with a high financial IQ, who have the financial education to understand money and how it works. Robert Kiyosaki learned about how money works by playing Monopoly® with his rich dad. He said, “Rich dad was using the game Monopoly to train me to think like a capitalist.” Rich Dad Advisor and the author of 401(k)aos and Stock Market Cash Flow teaches his two sons about money by playing the CASHFLOW Board Game and says, “The game has taught my kids what Capitalism really is.” He goes on to explain how the CASHFLOW Board Game is a weapon for capitalism.   Hosts Robert and Kim Kiyosaki are joined by Rich Dad Advisor Andy Tanner and Millennial Money Host Alexandra Gonzalez to discuss how to transform yourself financially by playing the CASHFLOW Board Game.   Learn more about your ad choices. Visit megaphone.fm/adchoices

As of February 2021, there are over 1,750,000 podcasts worldwide and according to podcasthosting.com, 50% of all US homes are podcast fans. Today’s guest explains how even in a space that might seem crowded, there are plenty of opportunities.  Jeffrey Hayzlett the Chairman, and CEO of the C-Suite Network says, “If we were to look at the podcast business as a human, podcasts are in their teenage years.”  About C-Suite Radio: It is home to the fastest-growing business podcast network. Hosted by C-Suite leaders, thought leaders, and innovators, our shows take listeners on a thought-provoking journey to explore the challenges, successes, and failures of highly influential business executives. Hosts Robert & Kim Kiyosaki and guest Jeffrey Hayzlett discuss the secret behind a successful podcast and how one who has something to say can get started.  Would you like to start a podcast? Reach Jeff at jeff@c-suitenetwork.com Learn more about your ad choices. Visit megaphone.fm/adchoices

From universal basic income, mass manipulation of markets, to collateral mortgage-backed securities, today’s guest says, “For the uninformed, the Biden administration will seem like the best of years,” but as the informed already know, we are headed for what Robert Kiyosaki calls the “worst of times.” The CNN “Fear & Greed Index” is indicating “greed” as the emotion driving markets right now. This isn’t a surprise to most people as the pandemic has crippled millions of people around the world and are hoping for some relief. But as Kim Kiyosaki says, “As fear and greed go up, intelligence goes down.”  Bert Dohmen, the publisher of the “Wellington Letter” and author of “Prelude to Meltdown” and “Financial Apocalypse,” warns listeners that if you want to survive the next several years, you have to “keep your greed in check.” Hosts Robert and Kim Kiyosaki and guest Bert Dohmen discuss mass manipulation in the stock market and the signal for higher inflation, but how this is a time you can make incredible amounts of money if you know “how to use risk control.”  Website: www.Dohmencapital.com Learn more about your ad choices. Visit megaphone.fm/adchoices