Is Robert Kiyosaki Right About Money?
Rob reacts to Grant Cardone -vs- Robert Kiyosake and who he thinks wins when it comes to being right about money and financial education! Rob also gives some great tips from his own perspective about managing your money and how to build sustainable wealth.
KEY TAKEAWAYS
A good strategy for building wealth is buy low and sell high. It’s wise when taking advice from any one to know the context behind the advice they are giving. If Rob had to pick either Grant's or Robert's financial strategy it would be Robert’s, simply because Grant’s strategy is more risky and he likes to own his own real estate. It’s wise for everyone to learn how money works and the money matrix, so you can protect yourself and your interests, not what works for the governments and banks. The media are good at covering up or spinning things for the banks and government, more money was printed post-lockdown than ever before but barely anyone is talking about it. The amount of cash you hold varies depending on interest rates, inflation rates and your overhead expenses and liquidity requirements. Even with a relatively small amount of money and low risk, if you hold long enough compounding still has a big impact. You can trust in real estate because it has utility, its one of the basic human needs. Anything you know more than anyone else about is an asset to you that you can sell.BEST MOMENTS
“Robert Kiyosaki probably wants to sell his books, sell his courses”
“I enjoyed the beef between Robert and Grant”
“Why would you trust in holding something that goes down in value”
“More money was created post lockdown than had been created in the history of creating money”
“Money is not an asset it’s a liability”
“I will hold more cash if I need higher liquidity”
“It’s probably better the err on the side of caution than on the side of risk”
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
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LinkedIn: https://uk.linkedin.com/in/robmoore1979
