societytravels (November 30, 1999 at 12:00 am)

Wow sell more in life vs buy. I went and brought a Master's Degree and was never taught this knowledge lol.. Boy was I sold lol. Thanks Mr. Kiyosaki. Awesome video.

realtearz1 (November 30, 1999 at 12:00 am)

@MisterQuebec He means, collect rental income from tenants and hold on to the property and never sell.

MisterQuebec (November 30, 1999 at 12:00 am)

Sells his houses every 30 days????

lcbaudar (November 30, 1999 at 12:00 am)

@UsherMoore Tell me about it, IMO we are in deflationary circumstances right now. Any hudge fund manager or stock trader with a brain would stay out of equities and into cash. But there's no commission in stagnant cash accounts. Talk about ulterior motives. Here's an interesting take on hedge funds I was just watching today, kind of technical but you might enjoy: /watch?v=2xohvBoflfU

UsherMoore (November 30, 1999 at 12:00 am)

@lcbaudar Yep, sad - because a lot of those so called "advisors" told people to invest in stocks that will get them the best commission, and not the best stocks for them to invest. like Warren Buffet said "Wall-Street is the only place where people in Rolls Royce drive to take advice from people who take the subway" :)

lcbaudar (November 30, 1999 at 12:00 am)

@UsherMoore True, but OPEC didn't set the floor at $140 per barrel in 2008. As I recall, a few of the OPEC leaders explained there was no justification for such high prices. Economically there was no difference in production output. The hedge funds had hijacked the market and all we could do was watch in agony. The very hedge funds filled with pensions from Americans hoping to save up to retire. Investors then got greedy and jumped ship from falling equities into rising commodities. It's sad...

UsherMoore (November 30, 1999 at 12:00 am)

@lcbaudar That's not 100% accurate, OPEC is fucking us over by determining oil prices, not investors, investors and dealers just enjoy the margins, the big player is OPEC.

namitsu1 (November 30, 1999 at 12:00 am)

how about parking your money in the form of physical precious metals?

TGArthur (November 30, 1999 at 12:00 am)

@westlyr2003

jimjinright (November 30, 1999 at 12:00 am)

He has a very good perspective on business!