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

The future for cryptocurrencies is bright, but one thing that has held it back from being adopted by the masses is its ability to be used in the existing financial system. As crypto continues to grow, today's guest believes you're going to need the ability to earn interest on your Bitcoin, to use your Bitcoin as collateral for a loan, and the ability to seamlessly transfer and integrate your Bitcoin holdings with the financial services that exist for other asset classes. Zac Prince, CEO & Founder of BlockFi says, "BlockFi's lending platform makes it easy for people to take out a crypto asset-backed loan. Customers can apply in less than 2 minutes and many of our clients go from application-to-funding in as few as 1.5 hours." Hosts Robert and Kim Kiyosaki are joined by Zac Prince to discuss why asset-backed lending is the future for this asset class, and how BlockFi is bridging the world of traditional finance and blockchain technology. Special offer for listeners: For a limited time, get a bonus of up to $275 in BTC when you deposit $25 or more in crypto at BlockFi. Sign up here: https://blockfi.mxuy67.net/c/2481003/898926/10568 Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, the world is facing many of the same problems that were being faced before the Great Depression set in. The world's governments are facing massive and unsustainable debt and today's guest says you "can't solve a debt problem with more debt." The problem we're facing today is that technology is advancing far faster than the governments can keep up with—it's a true battle between the Industrial Age and the Information age. Jeff Booth is the author of "The Price of Tomorrow: Why Deflation is the Key to an Abundant Future" and he believes that technology-driven deflation is a significant challenge for the global economy, and central banks attempting to create artificial inflation through monetary policy are doomed, ultimately, to failure. Hosts Robert and Kim Kiyosaki and guest Jeff Booth discuss why the world will need to move to a deflationary economy and why you should care. Website: https://thepriceoftomorrow.com Learn more about your ad choices. Visit megaphone.fm/adchoices

At Rich Dad, we say Knowledge is the New Money. This is because wealth is attained by your ability to understand what is happening in the markets and to act accordingly. Today's guest explains the extraordinary bull market now emerging in metals and mining, and how the most respected investment event of its kind, The New Orleans Investment Conference, will deliver top-notch education in the precious metals markets. The host of The New Orleans Investment Conference, Brien Lundin, says "It's crucial that you know how to invest in gold and you know what's going to happen to protect what you have." To learn about what Robert Kiyosaki describes as "today's greatest investment," join some of the most respected experts at The New Orleans Investment Conference, October 14 -17th, www.goldnewsletter.com/richdad.com. Hosts Robert and Kim Kiyosaki and Brien Lundin discuss his take on where the precious metals like gold are going and why you should care. Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert and Kim Kiyosaki are self-declared hard asset investors, they both admittedly have sworn off paper assets. Listen as today's guests make the case for owning gold mining shares. So what does the future hold for gold? The guests both say that the future for gold is very bright! Peter Schiff, Chief Economist & Global Strategist of Euro Pacific Capital, makes the case for his gold fund and says, "If you're bullish on gold, you want to own the gold mine." Long time friend of Rich Dad and Certified Financial Planner, John MacGregor says, "This is a perfect play on gold," and offers the following tips for evaluating a gold fund: History of consistent performance Management of the fund Expense ratios But as Robert says, before investing in any fund you must do your research. Hosts Robert and Kim Kiyosaki, along with guests Peter Schiff and John MacGregor discuss what makes a good fund and what makes a bad fund—and why you should care! Get John MacGregor's Book: "Top 10 Reasons the Rich Go Broke" Listen to Peter Schiff's podcast: www.schiffradio.com Euro Pacific Capital: https://www.europac.com Learn more about your ad choices. Visit megaphone.fm/adchoices

More freedom, more options, fewer taxes are a few of the reasons why today's guest has lived the life of a nomad capitalist since 2008. Becoming a global citizen has been gaining in popularity over that last several years for those people who are seeking a better lifestyle and a better return on their wealth. Andrew Henderson, managing partner of Nomad Capitalist says, "At its most basic, this idea means seeking out places that have plentiful business opportunities, value your wealth, and suit your lifestyle." The idea of becoming a global citizen raises a lot of questions for many people—especially during a pandemic—but today's guest explains how a simple shift in your mindset can lead to a world of opportunity. In this episode, listeners will learn: First steps one should take to becoming a global citizen The best places to live depending on your lifestyle needs How to invest where you live How your taxes are impacted by becoming a global citizen Hosts Robert and Kim Kiyosaki and guest Andrew Henderson discuss why more and more people are considering legal strategies to become global citizens. Website: https://nomadcapitalist.com/ Get the Book: https://nomadcapitalist.com/book/ Follow Nomad Capitalist on Social Media: Youtube: https://www.youtube.com/nomadcapitalist Instagram: https://www.instagram.com/nomadcapitalist/ Facebook: https://www.facebook.com/nomadcapitalist Learn more about your ad choices. Visit megaphone.fm/adchoices

One secret shared among successful entrepreneurs and the ultra-rich is that they have mentors and coaches on their teams. In a time of global crisis due to COVID-19 and uncertainty in the stock markets, entrepreneurs, business owners, employees, and family members are deeply concerned and anxious about the future state of their businesses, careers, and families. Today's guests, Kevin Harrington and Mark Timm agree that the way to ensure that our professional and personal lives can thrive in a time of grave uncertainty and stress is to a mentor. There are lots of different types of mentors, including investment, business, fitness, and personal mentors. Mentors are those who have experience and are more accomplished at doing the things you want to do. "The importance of having a mentor is simple—you are learning a great deal of knowledge (and life experiences) from someone who has already walked the walk, someone who knows a great deal about what you want to learn," says Kevin Harrington. Host Robert Kiyosaki is joined by original "shark" Kevin Harrington and serial entrepreneur Mark Timm to discuss what it takes why now more than any time in our history, entrepreneurs should look towards finding a mentor through times of crisis. Website: https://www.mentortomillionsbook.com Kevin Twitter: @HarringtonKevin Mark Twitter: @TheMarkTimm Kevin Facebook: @OfficialKevinHarrington Learn more about your ad choices. Visit megaphone.fm/adchoices

As gold keeps rising, and today is hovering around $2,000 per ounce, today's guest says that this creates competition for the dollar as people move out of the dollar and into gold. This episode reveals how it is completely legal for the U.S. government to manipulate the price of gold to keep the competition for the dollar down. To understand how the Fed can do this, you have to look back at The Gold Reserve Act of 1934 which was passed under President Franklin Roosevelt at the height of the Great Depression to stabilize the money supply in the U.S. It essentially transferred gold from private hands to the U.S. Treasury by requiring the Federal Reserve and all private persons and entities to remit gold over the value of $100 to the government. Today's guest Chris Powell, Director of the Gold Anti-Trust Action Committee (gata.org) says, "The Gold Reserve Act of 1934 created the exchange stabilization fund which has the authority to not only intervene in the gold market, it has the authority to intervene on behalf of the U.S. government and any market in the world." Hosts Robert and Kim Kiyosaki and guest Chris Powell discuss how it is legal for the U.S. government to manipulate the price of gold and to do so secretly to deceive investors in other countries. Listen to find out what Chris Powell predicts for gold and the dollar over the next five years. Learn more about your ad choices. Visit megaphone.fm/adchoices

The discussion amongst economic experts is, "What is Warren Buffett trying to tell us?" with his latest moves into Barrick Gold. The reason why these moves have experts scratching their heads is because Buffett is notorious for considering gold to be worthless. He's quoted as saying, "[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." Today's guest and "macro addict", George Gammon, reveals what he believes Warren Buffett's move into gold is trying to tell us. He says, "Watch their actions, not what they're saying." With the uncertainty with the pandemic, the economy, George says, "You have two choices: one, you can be prepared, or two, you can be a victim." Hosts Robert and Kim Kiyosaki and guest George Gammon discuss why regardless who wins during these current economic times, gold wins, and why you shouldn't try to predict the future, but what you should be doing now. Visit George Gammon's website: www.georgegammon.com Listen and watch his Podcast "The Rebel Capitalist" on his YouTube Channel: https://www.youtube.com/c/GeorgeGammon Learn more about your ad choices. Visit megaphone.fm/adchoices

Warren Buffett is quoted as saying "...I would say that gold would be way down on my list as a store of value…" So what does Warren Buffett's recent move to buy Barrick Gold mean? In addition to making a move into a gold mining company, Buffett also quietly dumped airline and bank stocks back in April 2020. Peter Schiff, the Chief Economist & Global Strategist of Euro Pacific Capital, shares his perspective into why Warren Buffett is making these moves, what a crashing dollar will do to the average consumer, and he makes his predictions for whether the U.S. will see inflation or deflation. Hosts Robert and Kim Kiyosaki are joined by Peter Schiff to discuss if these quiet moves Buffett is making are an indication something big is about to happen. Listen to find out what that is, and if your investments are at risk. Listen to Peter Schiff's podcast: www.schiffradio.com Euro Pacific Capital: https://www.europac.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Money flow is the only thing that can change the price of a stock—supply, and demand. Today's guest advises if you are invested only in a 401(k) to "Run for the hills. You don't want to be fully invested in the stock market." Why does he say this? As you are aware, the world's economic system was on the brink of total collapse in March 2020. The Fed, over the last nine weeks, has had to inject more money than ever before to save the system from total collapse. But is all this supply an indication that an economic depression is coming? Host Robert Kiyosaki and guest Bert Dohmen discuss his opinion about an impending depression, what is causing major changes in the stock market, and what is happening with the money supply. Wellington Letter: www.dohmencapital.com Learn more about your ad choices. Visit megaphone.fm/adchoices

According to our guests today we are in the biggest bubble in the history of the United States. What data is driving this prediction? Listen as they give their individual short-term and long-term views on what's happening in the biggest cycle of our lifetime. Harry Dent, the best-selling author of "Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage," has been warning listeners about his predictions of the 90-year cycle, and he says his forecast indicates the greatest crash is knocking on the front door. Stan Harley who publishes The HARLEY Market Letter shares his micro-view of the factors, like employment, that indicates we are headed for a 1929-like market crash. Host Robert Kiyosaki and guests Harry Dent and Stan Harley join the Rich Dad Radio Show to discuss how the greatest bubble in history is about to go bust. Stan Harley: www.harleymarketletter.com Harry Dent: www.harrydent.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Who better to explain how the Fed is killing the economy and policymakers are killing capitalism than a former White House Budget Director for President Ronald Reagan? In this episode, you'll hear a very candid point of view about how the 12 people running the Fed are putting the economy on the brink of collapse and how keeping cities on lockdown is totally irresponsible. Since March 12th the Fed has printed an unprecedented $3 trillion dollars. David Stockman, the publisher of Contra Corner, says, "If the Fed was doing its job the U.S. wouldn't be in this mess." Listen as he describes what he sees as the top three economic problems. Hosts Robert and Kim Kiyosaki and guest David Stockman discuss what he calls "Economic Martial Law" and just how close the U.S. is to total collapse. Read David's daily blog: www.davidstockmancontracorner.com Learn more about your ad choices. Visit megaphone.fm/adchoices

There's something going on behind the walls of "The People's House" in Washington D.C. and as today's guest describes, "It's George Orwell's Nineteen Eighty-Four coming to life." George Orwell's Nineteen Eight-Four "centers on the consequences of government over-reach, totalitarianism, mass surveillance, and repressive regimentation of all persons and behaviors within society. More broadly, it examines the role of truth and facts within politics and their manipulation." Today's guest Jack Bergman, U.S. Representative for Michigan's 1st Congressional District, describes what's happening in Washington D.C. as control. And he says, "The first way to control people is to cause fear." Listen as hosts Robert and Kim Kiyosaki and guest Jack Bergman discuss why today, more than any time in history, exercising your right to vote is the most important thing you can do, and how he views the response from the government during the COVID-19 pandemic. Learn more about your ad choices. Visit megaphone.fm/adchoices

The economy can be divided into two eras: Before Coronavirus (BC) and After Coronavirus (AC) and it all comes down to taxes. And as the United States faces a presidential election in less than 100 days, there's a great debate as to which candidate's policies are best for the taxpayers. If you earn your income on the left side of the quadrant—through ordinary income—the only tax break you have is to buy a bigger house and go into greater debt. But the rich have scores of tax breaks offered to them by the government to encourage investment and business development, which generates more jobs. The big question is which candidate's tax plan will benefit the job creators? Hosts Robert and Kim Kiyosaki are joined by Rich Dad Tax Advisor, Tom Wheelwright, to discuss the political tactics being used to sway constituents this election cycle, and what entrepreneurs can start doing today to pay fewer taxes. www.wealthability.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One might think that growing up with the last name Trump means you've been handed everything your whole life or things have been easy for you, but that couldn't be further from the truth. Eric Trump joins the Rich Dad Radio show to discuss what life is like as the son of the 45th President of the United States and how his parents raised him and his siblings to work hard and understand the value of a dollar. You'll also hear Eric discuss: What he's learned about business through these unprecedented times How entrepreneurs who adapt will succeed during tough economic times What he sees as the biggest problem coming out of Washington D.C. Hosts Robert and Kim Kiyosaki and guest Eric Trump discuss how discipline and respect shaped the way he does business and what the future holds for businesses across the U.S. Learn more about your ad choices. Visit megaphone.fm/adchoices

There are many reasons why public employee pension funds have grown so fast and one of them are promises. Governors and legislatures made pension promises to public employees but the problem was and still is that these governors and legislatures did not fund the pensions to match their promises. As a solution to the problem, in the 1980s, Wall Street began selling pension boards high risk "credit assets." The financially illiterate pension overseers blindly bought up these assets. To make matters worse, as public pensions failed to meet their overly optimistic return assumptions, Ted Siedle, Co-Author of Who Stole My Pension writes in his latest article in Forbes says, "Now the Department of Labor has paved the way for equity "wolves" to sell the highest cost, highest risk, most secretive investments ever devised by Wall Street to 401(k)s. As private equity is embraced, 401(k) costs will skyrocket, risk will dramatically increase and transparency will plummet." Host Robert Kiyosaki and guests Ted Siedle and John MacGregor discuss how agencies charged with protecting investors and retirement plans are taking greater risks and charging greater fees with a newly proposed exemption by the Securities & Exchange Commission. John MacGregor, Author of The Top 10 Reasons the Rich Go Broke: www.johnmacgregor.net Ted Siedle, Co-Author Who Stole My Pension: http://www.siedlelawoffices.com Learn more about your ad choices. Visit megaphone.fm/adchoices

True success does not come from money and opportunity but what you do with them. Robert and Kim Kiyosaki have talked for many years that one of the best reasons to become financially free is so that you can give. Giving is important because they believe none of us become successful on our own. Today's guest, Devon Kennard, knows this better than anyone. On the field, Devon was drafted by the New York Giants in the fifth round of the 2014 NFL Draft and is currently a linebacker for the Arizona Cardinals. Devon has dedicated himself to becoming an advocate for youth mentorship, education, and literacy. His dedication to the younger generation led to the Detroit Lions nominating him as a 2019 Walter Payton Man of The Year nominee. Off the field, Devon has over $1.5 million in assets under management which does not include his passive real estate portfolio where he operates as a limited partner in commercial deals across the country. Listen as hosts Robert and Kim Kiyosaki and guest Devon Kennard discuss why giving back and being a true leader in your community are so important, but also why financial education is imperative more today than ever before. www.devonkennard.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The most alarming interview you'll listen to in 2020! Would you ever imagine that the American people are funding the cannibalism of our own industries? Thanks to something called dollar swap lines—which grants unlimited lines of credit to 15 central banks around the world—this is exactly what's happening in the shadow banking system. In this episode, you'll learn: What are dollar swap lines, and why you should care about them Why the U.S. would give an unlimited line of credit to countries Who approves the lines of credit Who is going to get screwed when these countries don't pay back the loan And the most important lesson you'll learn is if you own stock of a company that has assets in a country that didn't get a dollar swap line you might be facing the most risk of all. Hosts Robert and Kim Kiyosaki and guest Marin Katusa, author of The New York Times bestseller, "The Colder War," discuss the risks associated with dollar swap lines, how lending to these countries will affect commodities, and most important is what you shouldn't be doing if you have gold bouillon. For Rich Dad listeners ONLY…Get a full year of Marin Katusa's PREMIUM research… for the lowest price you'll ever see Marin has built one of the greatest investment track records in history (with wins of 1,852%, 1,050%, 1,450%, 2,400%… even 4,160%). But if his style of investing isn't for you, you've got 30 days to get a full refund. Note: This offer will close without notice. Follow this link to take advantage of this offer => http://www.katusaresearch.com/richdad Learn more about your ad choices. Visit megaphone.fm/adchoices

Gold became money as determined by the free market because of its properties—scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. What makes Bitcoin so special is that prior to Bitcoin there was no other form of money with its absolute limited supply. Bitcoin's characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation, and the system that it's built upon prevents it from being shut down. Today's guest, Robert Breedlove who is the Co-Founder and CEO of Parallax Digital, a digital asset hedge fund and digital securities advisory firm, says, "Central banking is a model based on socialism." Whereas "Bitcoin is purely a capitalist technology and lives entirely in the free market." So what is the endgame? Bitcoin separates money from State control. Host Robert Kiyosaki and guest Robert Breedlove, CEO of Parallax Digital, discuss the history of money, why fiat currency is a pyramid scheme, and how Bitcoin is challenging the central banking system. Website: https://www.parallaxdigital.io An Open Letter to Ray Dalio: https://youtu.be/i0N9qj4gjmg Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin and other cryptocurrencies are now challenging the hegemony of the U.S. dollar and other fiat currencies. In May 2020, a historic event cut the daily incoming supply of Bitcoin from 1800 Bitcoin per day to 900 Bitcoin per day—a sort of quantitative hardening—opposite of what the Fed is doing by printing trillions of dollars. Central banks, in simplest terms, create money out of nothing. They create "fake money" and loan it to governments. Bitcoin, on the other hand, is completely decentralized meaning that nobody can manipulate the market and there is not any single point of failure. It will be interesting to see how long the Central Banks will tolerate the competition from cyber money before there is a showdown. Host Robert Kiyosaki and guest Anthony Pompliano examine the value of Bitcoin in the current economy and how it may create a quasi gold standard. The Pomp Podcast: https://anthonypompliano.com/ An Open Letter to Ray Dalio: https://youtu.be/i0N9qj4gjmg Learn more about your ad choices. Visit megaphone.fm/adchoices

In 1997, the book Rich Dad Poor Dad was self-published because every publisher Robert and Kim offered it to turned it down. Most publishers sent rejection letters stating, "We are not interested in your book at this time." A few more honest publishers thought Robert's ideas were ridiculous. As a result, Robert and Kim turned to self-publishing. Three years later, Rich Dad Poor Dad made the New York Times Best Sellers list, the only self-published book on the list at the time. Then Oprah Winfrey called, and the rest is history. If you've ever had the idea to write your own book, this show is for you. Everyone has a great story living inside of them, it's just a matter of getting that story to come to life, and even better make money doing so! Hosts Robert and Kim Kiyosaki and guest Chandler Bolt discuss how now might be the best time to start writing your book, and why self-publishing can help you generate income even during a pandemic. Website: https://self-publishingschool.com Podcast: https://self-publishingschool.com/podcast/ Follow on Facebook: https://www.facebook.com/selfpublishingschool/ Learn more about your ad choices. Visit megaphone.fm/adchoices

When the coronavirus pandemic struck in the United States, the FDA was forced to closely monitor the medical product supply chain, including disruptions to supply or shortages of critical medical products in the U.S. because many of the components for those in-demand products are manufactured in China. In a statement in February 2020, the FDA said, "Since January 24, the FDA has been in touch with more than 180 manufacturers of human drugs, not only to remind them of applicable legal requirements for notifying the FDA of any anticipated supply disruptions but also asking them to evaluate their entire supply chain, including active pharmaceutical ingredients (the main ingredient in the drug and part that produces the intended effects, e.g., acetaminophen) and other components manufactured in China. Also, as part of our efforts, the FDA has identified about 20 other drugs, which solely source their active pharmaceutical ingredients or finished drug products from China. We have been in contact with those firms to assess whether they face any drug shortage risks due to the outbreak. None of these firms have reported any shortage to date. Also, these drugs are considered non-critical drugs." In the book, "China Rx: Exposing the Risks of America's Dependence on China for Medicine," co-author, Rosemary Gibson, explains the dangers of relying on one country as a source of vital medicines. Hosts Robert and Kim Kiyosaki are joined by Rosemary Gibson to discuss how the United States can get out from under the dependence of China for drugs. Visit Rosemary Gibson's website: http://www.rosemarygibson.org Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people are trained to avoid mistakes. Rather, they always play it safe. Robert Kiyosaki's rich dad said, "Some of the biggest failures I know are people who have never failed." His point was that because people try to play it safe, they never take any risks. And because they never take any risks, they never get ahead in life. That is certainly not the case for today's guest, the CEO, and Co-Found of Nekter Juice Bar, Steve Schulze. Prior to launching Nekter, Steve worked for consumer-based companies in various sales, marketing, and management capacities, including spending over 10 years in the infomercial industry. Like many Americans, Steve found himself jobless after the financial crisis of 2008. This crisis provided Steve with a new perspective about what he wanted to do in the next chapter of his life—and so Nekter was born. From one single store in 2010 to now over 160 locations in 16 states nationwide, Nekter has become a clear leader in the elevated juice bar experience. In this episode, hosts Robert and Kim Kiyosaki and guest Steve Schulze, discuss Nekter's ups and downs, how they've become a leader in a $2.2 billion industry, his advice for entrepreneurs, and the three things to consider before becoming an entrepreneur. Follow Nekter on Instagram: @nekterjuicebar Website: https://www.nekterjuicebar.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Online crime often succeeds because of failure across a variety of systems and as technology changes, cybersecurity becomes increasingly more difficult to maintain. Those that are committing online crime usually operate open source and somewhat freely exchange information. The result is a criminal community that is more educated and much quicker than the "good guys." Today's guest, Brett Johnson, ran the first organized cybercrime community, Shadowcrew, but after finding himself on the United States Most Wanted List, he's turned from bad guy to good guy. His background as the first Internet Godfather and current status as a leading security professional give Brett a unique insight and understanding of cybersecurity unavailable anywhere else. Hosts Robert and Kim Kiyosaki are joined by cybercrime expert, Brett Johnson and VP of Operations at Rich Dad, Robb LeCount to discuss the latest trends in cybercrimes and what you can do to protect yourself from online security attacks. Follow Brett on Twitter: @GOllumfun Visit Brett's website: www.anglerphish.com Learn more about your ad choices. Visit megaphone.fm/adchoices

As the global financial crisis spreads and the Fed prints more and more money to try to save the U.S. economy, the average person is wondering how can they avoid being caught in the next crash. First, you must understand that the mess the U.S. is in has been happening since 2008. Mortgage-backed securities were the pin that popped the bubble in 2008, and the pin today is the coronavirus—not the cause. The real cause of the economic problems is what 99.9% of the people can't see—the structure of the economy itself. Guest George Gammon, American real estate investor and entrepreneur, says, "Whether it was mortgage-backed securities or Covid-19, it doesn't matter, sooner or later, a system that is broken will finally break." Listen as hosts Robert and Kim Kiyosaki are joined by guest George Gammon for an in-depth discussion on: The effects of the repo market on the economy Dollar swap lines An inflationary and deflationary economy How to position yourself for the next crash Twitter: @georgegammon Podcast: The Rebel Capitalist Show Website: www.georgegammon.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The Fed has been printing trillions of dollars, and the amount of debt that has been added is insurmountable. America was already the largest debtor nation in the history of the world and in the last month they have added staggering amounts of debt and they continue to add more and they're printing more money. Why? Today's guest, one of the world's most successful international investors, Jim Rogers, says "There's an election in November in the United States. None of those guys care about you and me or other people or young people like my kids. They care about the election. They want to print and spend and borrow as much money as they can to win the election." But the U.S. isn't in this mess alone, countries across the globe are in the same financial crisis. Is there any good news? Yes! Listen as host Robert Kiyosaki and guest Jim Rogers discuss what effects the coronavirus is having across the globe, but more importantly, where in the world has the best opportunities for investment. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Reserve, the United States central bank, has "printed" more than $2 trillion since the global economic crisis began, and when the Fed prints money it makes the price of assets like gold, silver, and Bitcoin go up. As Robert Kiyosaki says, central banks are run by the "controlling elite." These elites do not like gold because central banks cannot print gold. Equally, central banks do not like Bitcoin and blockchain because what Robert calls people's money, does not need central banks either. Today, billions of people are trapped in a central banking system owned by the mega-rich and are losing big time because they are saving money. Listen as host Robert Kiyosaki and guest Jeff Wang, the host of www.rocketfuelcrypto.com and part of the avid investment group RocketFuel Team (www.rocketfuel.team), discuss how cryptocurrency is a hedge against the dying dollar and your opportunity to invest outside the central banking system. Learn more about your ad choices. Visit megaphone.fm/adchoices

Central banks have created a "milkshake" of different currencies and pushed liquidity into the global economy. As of 2016, the US started raising rates while the rest of the world was "mixing" the milkshake. As a result, raising rates acts as a straw that sucks the capital into the United States. So what is the outlook in the post-coronavirus economy? Brent Johnson, CEO of Santiago Capital, explains the "Dollar Milkshake Theory," what impact the strong dollar will have on gold and Bitcoin, and why comparisons of currency strength are all relative. In addition, he explains that a strong dollar is good for the U.S., however, the global economy is not meant to support a strong dollar and could mean we will see a "reset" of currency. Listen as hosts Robert and Kim Kiyosaki and guest Brent Johnson discuss what assets will perform in 2020 and how you can prepare for the future. Website: http://santiagocapital.com Learn more about your ad choices. Visit megaphone.fm/adchoices

"Investing is a plan." In order for Robert and Kim Kiyosaki to retire young, they had to have a plan, a plan that started with nothing because they had nothing. The plan had an exit, and it also had a time limit. For many, however, the current financial crisis has disrupted the plans of millions of people to retire in the near future. For the majority of baby boomers they've prepared for retirement by relying on a 401(k) and it's how the majority of the US prepares, including probably you. But guest David Scranton, host of the financial TV Show "The Income Generation," explains how those who are approaching retirement are in a critical time as they've seen their 401(k)s and pensions disappear since the coronavirus. Listen as hosts Robert and Kim Kiyosaki and David Scranton discuss how now is the time to take action because what worked before, will not work in today's post-corona economy. The Income Generation: http://theincomegeneration.com Sound Income Strategies: https://soundincomestrategies.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Do You Have the DNA of a Wartime Leader? A peacetime leader takes the safe route. They follow the rules of: go to school, get a good job. They are worried about being perfect, but accept the bad. And make committee-based decisions. You might even be one. In contrast, wartime leaders bring peace of mind through strength and a sense of security. They are quick to make decisions and can lead during turbulent times. A lot of people are facing a crisis right now. If you're one of those people, ask yourself: Will this crisis make you stronger, or weaker? Will you rise to the challenge, use your creativity and persistence to overcome hardship? Will you emerge as a wartime leader? In today's episode, hosts Robert and Kim Kiyosaki are joined by guest Patrick Bet-David to discuss the difference between a wartime leader and a peacetime leader, and how to spot the person who will emerge from the current crisis as a hero. Patrick Bet-David Website: https://www.patrickbetdavid.com/ Instagram: @patrickbetdavid Youtube: https://www.youtube.com/user/patrickbetdavid Learn more about your ad choices. Visit megaphone.fm/adchoices

The Government is managing the economy through government debt and the Fed printing money. There's no better example of why they do this than when the Fed announced it would create limitless amounts of money in March 2020. Had the Government not printed money, the U.S. would have certainly fallen into a depression. The question you should be asking is, "How long can this go on before we spiral into a new depression?" To answer this question, you first must: 1. Understand the forces that drove the global economy and the financial markets before the Coronavirus struck. 2. Understand what the government must do now to prevent an unprecedented destruction of wealth and a new Great Depression. Listen as host Robert Kiyosaki and guest Richard Duncan, author of the international bestseller, "The Dollar Crisis: Causes, Consequences, Cures," discuss how the current financial crisis started long before the coronavirus spread throughout the world and what you can do about it. ***FOR RICHDAD.COM*** Richard Duncan's website: http://www.richardduncaneconomics.com Use the code: rich to receive a 50% discount off a 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

In today's new world, there are only two options: increase your financial education and learn to create your own wealth, or become poorer and poorer and rely on the government and the rich to take care of you. We have now experienced a major turning point in the history of mankind. The days of going to school, getting a safe secure job, and investing for the long-term are long gone. We are in a new age—the age of entrepreneurship. Today, the barrier to entry to entrepreneurship is almost non-existent. But to heed the opportunities available to everyone it requires a brand new mindset—the mindset of an entrepreneur. In fact, mindset most often is the dividing line between those who are successful in life and those who are not. Listen as hosts Robert and Kim Kiyosaki and guest Guy Kawasaki discuss why now—a time of great change—is a time of great opportunities for entrepreneurs in the post-coronavirus economy. ***FOR RICHDAD.COM*** Guy Kawasaki's Podcast: www.remarkablepeople.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Many public or government pensions—including some of the largest—are not audited annually by independent certified public accountants. In fact, about 60 percent of all corporate pensions in the United States are not audited. Let's call it another example of the "gross malpractice generally practiced" that pervades pension management. Pensions don't just implode overnight. There are always warning signs or "red flags" that have been disregarded for decades. "Who Stole My Pension" co-author Ted Siedle, says, "Pension deaths are almost always foreseeable. Likewise, pension deaths are almost always preventable. If not foreseen and prevented, someone was not doing his or her job. However, autopsies almost never follow pension deaths. Indeed, the possibility of a forensic investigation into the causes of a pension death is rarely even discussed. The scope of such an investigation, as well as probable minimal cost, is rarely researched. Listen to hosts Robert and Kim Kiyosaki and guests Ted Siedle and U.S. Congressman Jack Bergman explain how there is no reason you should accept anything less than a true and complete audit of your pension to safeguard your retirement savings. Learn more about your ad choices. Visit megaphone.fm/adchoices

Throughout history, "money" has been many different things. Money has taken the form of seashells, colored beads, feathers, live animals, and large stones. Today, there are three types of modern money. Robert Kiyosaki says they are: 1. God's money: Gold and silver 2. Government's money: Dollars, Euros, pesos, etc. 3. People's money: Bitcoin, Ethereum, etc. Most are taught that saving money is smart but the truth is the dollar is worthless because the Fed is has been printing trillions of dollars ultimately make savers the biggest loser of all. So if saving money isn't smart, what is? Get on your own gold standard, outside of the banks. Always remember gold and silver were here when the Earth was formed, and it will be here when we are all gone. In this episode, host Robert Kiyosaki and guests Anthony Pompliano and Brien Lundin give listeners an in-depth look into how assets like gold, silver, and cryptocurrency are insurance against a dying dollar. —————————————————————————————————— FOR RICHDAD.COM Brien Lundin: www.goldnewsletter.com/richdad Anthony Pompliano: www.anthonypompliano.com Learn more about your ad choices. Visit megaphone.fm/adchoices

States with the worst pension fund shortfalls include Colorado, Connecticut, Illinois, Kentucky, and New Jersey which have less than half of the assets needed to pay promised benefits and another 17 states have less than two-thirds. The extent to which public pensions are underfunded has been obscured by governmental accounting rules, which allow pensions to eliminate their underfunding, no matter how large, simply by investing in risky assets. In fact, investing in riskier assets may allow a pension to raise investment assumptions, but it also increases the probability that existing underfunding will increase. It's anyone's guess what will happen if and when a state pension in the United States runs out of money, but it's indisputable that the amount of money that will be needed to bail out a single failed U.S. state pension will be in the tens of billions. All public pension stakeholders—American taxpayers and pensioners—need to get educated fast as to the causes of coming pension collapses and learn what they can do about it now. Listen as hosts Robert and Kim Kiyosaki and their guests Ted Siedle and Chris Tobe discuss how what's happening in Kentucky can happen anywhere in the United States. Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone is worried about getting sick, but what about focusing on staying healthy? It seems that during times of panic and quarantine people forget to take care of themselves as they would do when life was "normal". Maintaining a healthy and balanced lifestyle will give anyone an advantage during a pandemic. Hosts Robert and Kim Kiyosaki are joined by two of their own doctors, Dr. Nicole Srednicki and Dr. Josh Haggard to discuss the five things you can do to stay healthy every day—even while you are homebound—to avoid getting sick. Listen for an in-depth discussion on: 1. Getting enough sunlight 2. Eating adequate servings of fruits and vegetables 3. Impacts of daily exercise 4. How many hours of sleep you should be getting 5. Staying hydrated Stay for the second half and listen to learn what the doctors say may have contributed to the spread of the coronavirus. Learn more about your ad choices. Visit megaphone.fm/adchoices

As if the coronavirus hasn't caused enough damage, it also has investors feeling like they've been punched in the gut financially. Falling stock prices and interest rates have created a problem for both DB and DC pensions plans. The unfortunate thing about the coronavirus hitting at a time when most pensions are already underfunded, it almost certainly, will likely lead to more pension cuts as trouble grows in the economy. So the question that Robert Kiyosaki and his guests will be answering is, "What can I do?" In today's episode of the "5 Pension Time Bombs" series, Rich Dad Advisor Ken McElroy, explains how investing in a cash-flowing asset, like real estate, can provide not only tax-free wealth but also a real nest-egg for retirement no matter which way the stock market goes—up, down, or sideways. Listen as host Robert Kiyosaki and guests Ken McElroy and Ted Siedle discuss how financial education can lead to financial freedom even during uncertain times. For richdad.com Ken McElroy Instagram: @kenmcelroyofficial Ken McElroy Website: www.kenmcelroy.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you wondered why your property taxes are at record highs, water and sewage charges continue to grow, and local governments never seem to run out of ways to nickel and dime their constituents with fee after fee? Yet, the quality of services we depend on continue to decline. You might not think this pension crisis affects you, but as a taxpayer, you'll be shocked to find out exactly where your tax dollars are going. Phoenix City Councilman Sal DiCiccio, has been the taxpayer's champion, pushing for pension reform, exposing waste and public unions finagling huge pay increases. This week he contributes to the "5 Pension Time Bombs" series with his perspective on the pension problem from within one of the largest cities in the United States. Listen as hosts Robert and Kim welcome guests Ted Siedle and Sal DiCiccio who give warnings to those whose tax dollars are funding failing pensions. Learn more about your ad choices. Visit megaphone.fm/adchoices

The rules are changing quickly for entrepreneurs since confirmed coronavirus cases continue to exponentially grow around the world. As a result, the U.S. Federal Government sprung into action to try to alleviate further damage and destruction to the economy. Last week, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act into law, which initiated a $2 trillion stimulus package, the largest emergency relief bill in American history. Our guest today, Tom Wheelwright who is the Rich Dad Advisor on Taxes, and author of "Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes," joins The Rich Dad Radio Show to discuss how this stimulus package will affect entrepreneurs. For employees facing unemployment, layoffs, and furloughs, Robert and Kim suggest now might bet the best time to change your mindset about how you earn your money and learn to see opportunity rather than despair. Listen as Robert, Kim, and Tom discuss how financial education, not money, is the key to financial transformation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some people say these most recent global events are part of a grand conspiracy, and that might well be. Some people say the events represent the struggle between capitalists, communists, and socialists, and that might be, too. But the only way out of this financial storm is to be prepared with financial education. There were so many signals pointing to a market crash, and guest Bert Dohmen, the author of the Wellington Letter, looks behind the scenes of the global investment markets, analyzes cross-market relationships, global correlations, and especially credit market data which gives him superb clues as to what is likely to happen in various markets that are ignored by other analysts. Listen as Robert, Kim, and Bert discuss why the crash is coming, what to expect, and how to prepare yourself and protect your assets so you can stay on top, even when the economy is on the decline! Learn more about your ad choices. Visit megaphone.fm/adchoices

If you've been following your financial advisor's advice of "invest for the long term" for the last several years you've been living fat, dumb and happy...until now. The sudden plunge in the stock market and the global spread of the coronavirus is making citizens across the globe more and more anxious as the days go by despite efforts by the Fed to pump in more money. The truth is the Feds can't print their way out of this one. Harry Dent, author of Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, warns, "Markets will be brought down to reality and may not recover for 25-30 years—if ever." In this episode of The Rich Dad Radio Show, Robert Kiyosaki and Harry Dent discuss exactly what is happening in the stock market, the bond market, and the real estate market. You'll find out what Harry says he'll be doing and what you can do to survive these turbulent times. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Greene, a 30-year veteran UPS driver from Upstate NY, found out that the pension he and his organization's members were counting on for their retirement security was in financial crisis. As president of the Teamsters Alliance for Pension Protection (aka TAPP), a grassroots pension watchdog organization, he led efforts to raise funds to perform the first-ever forensic investigation of The New York State Teamsters Conference Pension & Retirement Fund. The people running the pension had spent millions (money paid by workers' retirement savings) for bad advice from so-called experts who ultimately ran the pension into the ground. Ted Siedle says "The New York State Teamsters Conference Pension and Retirement Fund did not have to collapse—gross mismanagement caused this crisis." Listen as Robert, Ted Siedle and Mark Greene give warning to those whose pensions are ill, dying, or dead. Learn more about your ad choices. Visit megaphone.fm/adchoices

As cases continue to grow exponentially, the number of known global cases of COVID-19 passed 100,000 over the weekend. Just days ago, the World Health Organization (WHO) reported 105,586 confirmed cases across more than 100 countries and territories, and although the outbreak has been slowing in China, where it originated, the country still accounts for almost 80% of confirmed cases. Additionally, on Monday, March 9, the Dow Jones industrial average declined 2,014 points, or 7.8%, its biggest single-day loss since October 2008. While the total number of cases affecting individuals worldwide has yet to be known, there is much each of us can do to avoid becoming a victim ourselves. One thing is for sure, only you can protect yourself. In this episode, experts Chris Martenson, PhD and Dr. Nicole Srednicki joined Robert Kiyosaki to give you solutions for protecting both your health and wealth! Learn more about your ad choices. Visit megaphone.fm/adchoices

Part two of the 5 Pension Time Bombs series dives deep into how the fifty percent of Americans relying on a pension (DC or DB) are at risk of losing their wealth due to the gross mismanagement of their funds. Those that are looting the pensions of public-school teachers, firefighters, police, as well as private-sector workers, can be found on Wall Street. The Wall Street casinos are charging high fees for gambling in risky hedge funds and other speculative investments, outrageous investment-industry conflicts of interest, and outright violations of the law. According to Ted Siedle, a former attorney with the United States Securities and Exchange Commission and America's leading expert in pension looting, "In the decades to come, we will witness hundreds of millions of elders worldwide, including America's Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the "new normal" for many of the aged." One thing is certain: Doing nothing―sitting back, confident your pension check is "in the mail" ―is not an option. It's a risk you can't afford to take. Listen as Robert and Kim are joined by Ted Siedle and Andy Tanner to discuss the massive crisis about to come crashing down on millions of Americans, but more importantly, what you can do about it. Learn more about your ad choices. Visit megaphone.fm/adchoices

The most important series you'll listen to this year! It's estimated that there are over 50 million pensioners―in the United States alone, and like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. In this series, we'll be answering how systemic corruption by local governments and financial institutions mismanaged the pension plans of tens of millions of people around the world—and how it will affect you, but more importantly, what you can do to protect yourself from this crisis. Listen as Robert and Kim are joined by Ted Siedle and John MacGregor to discuss how the looting of our individual wealth is well underway and it isn't going change anytime soon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whether it's a son of a friend who needs $250,000 to find a product and develop it, or an entrepreneur with a prospectus and alarm who needs $400k for 10 days, or a business with which you have a standing order, they all need one thing – to raise capital! Today's guest is Daymond John, one of the stars of ABC "Shark Tank", who sees entrepreneurs pitch deals all day long. The founder and CEO of FUBU is the author of a new book called "Power Shift" that talks about how to transform any situation, close any deal, and achieve any outcomes. In this episode of Rich Dad podcast, Robert Kiyosaki and John dive into what goes through his mind when somebody is out of touch with the world of entrepreneurship and capital raising, what turns him on or off on the deal, what happens when people he has invested in fail. There's so much to learn! Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you doing things your mom and dad told you to do? Do you have social mania and go off the cliff like everybody else in the herd? Our guest, John Del Vecchio, says to you, "I would probably hold your hand and pray with you". John is an In-House Stock Market Guru, a Forensic Accountant (somebody who looks for the lies, cheats, and steals) for Dent Research. He is also author of a brand new book called "Unbounded Wealth", dedicated to the mom and pop investor. If you're doing what everybody else does, you'll get what everyone else gets - mediocre performance in the markets. You're not going to be in the top 1%. If you start to do the opposite, you have a better chance. Most people do the wrong thing at the wrong time, but John can help you to not get sucked in with the crowd! Listen to this episode as we lay down how to break free and live a life on your own terms! Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever tried downloading an App on an App store and there is this super lengthy list of things about the rules, regulations, contracts and other boring stuff that makes us just want to click that "agree" button and move on from it? This and complicated contracts, sophisticated terms, privacy standards, digitization etc, play a huge part in the money world. In today's episode of Rich Dad podcast, Robert Kiyosaki and Paul Pagnato talk about how transparency, or lack thereof, affects people's trust and how some companies or personalities are doing things with transparency. Paul is named Barron's top financial adviser and Forbes tops wealth advisor and author of "Transparency Wave". We will touch base on a wide array of subjects from Wall Street to Bitcoin, pension and student loans, Bernie Madoff, shadow banking system, and more. To find out what's really going on under the sheets, listen to today's episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

There's a question that I like to ask people, and I want you to think about your answer for a minute. "What would you do if I paid you five million dollars per year?" Would you quit your job? Would you work more? How far would you be willing to go to get that money? If you're former NFL player Vontae Davis, a five-million-a-year paycheck wasn't enough to keep working. Not only did he get out of playing football, but he walked off the field in the middle of the game. Why? Because of his health. He knew that continuing to play would put himself in danger and that if he didn't leave now, he could regret it for the rest of his life. Most people, I think, wouldn't throw away that kind of money, even if they were in that situation. We only have to look at other football stars that continue to play to see how true that is. In this episode, we talk with Vontae about his decision to walk away from guaranteed millions and how that has impacted his life. Fortunately, he was already smart about his money beforehand, and he wasn't living a lifestyle beyond his means. Vontae's story can shed some light on the nature of money and what it takes to walk away from a seven-figure payday. If you're experiencing a similar crossroads in your life, it's worth it to make a change for the better. Listen now and see where Vontae's decision led him. Learn more about your ad choices. Visit megaphone.fm/adchoices

We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. One thing is certain: doing nothing―sitting back, confident your pension check is "in the mail"―is not an option. That's a risk you can't afford to take. According to Edward "Ted" Siedle, a former attorney with the United States Securities and Exchange Commission and America's leading expert in pension looting, "In the decades to come, we will witness hundreds of millions of elders worldwide, including America's Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the "new normal" for many of the aged." In their book "Who Stole My Pension?", the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. Robert and Ted recount a history of pension failures, inexperienced boards, gambling, looting, and other horror stories―with a focus on action steps workers and retirees can take to quickly determine if a pension is being mismanaged as well as the concrete steps they can take to end decades of pension mismanagement. They detail critical questions retirees can ask―and guidance regarding how to act on what they learn. Learn more about your ad choices. Visit megaphone.fm/adchoices