American - Author | April 8, 1947 -
I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot.
Robert Kiyosaki
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When President Obama speaks about raising taxes on the rich, he speaks about high-income employees and small business owners, not entrepreneurs who build big businesses.
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Every time I hear a politician mention the word 'stimulus,' my mind flashes back to high school biology class, when I touched battery wires to a dead frog to make it twitch.
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You do not have to be a rocket scientist to know that it is hard for a market to keep going up when more and more people are getting out.
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This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.
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When you think about it, three of our biggest financial decisions in life are made at times of peak emotional excitement: deciding to get married, buying a home, and having kids.
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Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.
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I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time.
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If my businesses or my investments are not profitable, then I don't eat. And I like to eat.
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I do not live on false promises. I cannot afford to live on bad advice.
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I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.
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The dollar has lost over 90 percent of its value since the Fed was created.
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