Robert Kiyosaki Quotes
'Credit' is another word for trustworthiness.
'Socialize' means we turn more of our personal powers over to Big Brother, not free enterprise.
A financial crisis is a great time for professional investors and a horrible time for average ones.
A game is like a mirror that allows you to look at yourself.
A lot of people are afraid to tell the truth, to say no. That's where toughness comes into play. Toughness is not being a bully. It's having backbone.
A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.
A true capitalist doesn't have a job, because other people and other people's money work for them.
Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.
All empires come to an end, and the American one is no exception.
Although I don't like the way the Chinese do business, I continue to do business in China. I have to. They're the next world power.
An active investor is someone who actually lives off their investments as opposed to wages from a job.
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.
As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.
As a precious metal, silver is also money.
As a young kid, I really wanted to be rich.
As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.
As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.
As you know, low demand and high supply means a drop in value of anything, including the dollar.
Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.
Robert Kiyosaki Profile
April 8, 1947
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