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Robertkiyosaki

All articles tagged with #robertkiyosaki

finance2 years ago•2 min saved

"Personal Finance Guru Robert Kiyosaki Claims $1 Billion Debt is 'Not My Problem'"

Robert Kiyosaki, the author of "Rich Dad, Poor Dad," has disclosed that he is $1 billion in debt, a situation he views nonchalantly due to his strategy of using debt to acquire assets like gold and oil wells. He criticizes the idea of living debt-free, especially in an economy with high inflation and potential banking crises, and distinguishes between 'good' debt used for investing and 'bad' debt for purchasing depreciating items. His financial tactics have influenced individuals like Nancy Rodriguez to focus on investing in assets that generate returns, rather than accumulating consumer debt.

via Fortune|

##debtstrategy #finance

finance2 years ago•2 min saved

"Personal Finance Guru Kiyosaki Admits to $1 Billion Debt, Shrugs Off Bankruptcy Risk"

Robert Kiyosaki, the author of 'Rich Dad, Poor Dad,' has disclosed that he is $1.2 billion in debt, a figure he embraces as part of his investment strategy. Kiyosaki uses debt to acquire assets, not liabilities, and has invested in gold, silver, Bitcoin, and other 'real assets' to hedge against the devaluation of the US dollar. He distinguishes between 'good' debt for income-generating assets and 'bad' debt for liabilities, such as luxury cars, which he owns outright because he considers them liabilities.

via Hindustan Times|

##debt #finance

finance2 years ago•1 min saved

"Personal Finance Guru Robert Kiyosaki Discloses $1.2 Billion Debt, Unfazed by Bankruptcy Risk"

Robert Kiyosaki, the author of "Rich Dad, Poor Dad," has declared that he is $1.2 billion in debt, which he considers "not my problem." He differentiates between good debt, which can create wealth, and bad debt, which does not. Kiyosaki uses debt to acquire assets, not liabilities, and prefers investing in gold and silver over saving cash. He views debt as a tool for leverage, particularly in real estate investments. His approach to debt and investment reflects his broader financial philosophy, which has been influential through his bestselling book.

via NDTV|

##debtphilosophy #finance

finance-and-investment2 years ago•3 min saved

"Robert Kiyosaki of 'Rich Dad, Poor Dad' Claims $1.2 Billion Debt as Leverage Against Banks"

Robert Kiyosaki, the author of 'Rich Dad, Poor Dad,' has revealed that he is $1.2 billion in debt, a deliberate strategy based on his belief in using debt to acquire assets, not liabilities. He differentiates between good debt (for wealth-building) and bad debt, and prefers investing in tangible assets like gold, silver, Bitcoin, and real estate over holding cash, which he distrusts since the dollar left the gold standard. Kiyosaki's approach involves leveraging debt to enhance wealth, particularly through real estate investments. Despite the potential risks and his own past financial challenges, Kiyosaki maintains that strategic debt can be a powerful tool in wealth accumulation.

via Yahoo Finance|

##assetmanagement #debtstrategy