I'm $1.2 Billion in Debt, Here's What Banks Are Hiding About Money

I'm $1.2 Billion in Debt, Here's What Banks Are Hiding About Money

The Rich Dad Channel

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@TheRichDadChannel
@TheRichDadChannel - 03.11.2024 22:18

If you found value in this video, please consider sharing it with someone who would benefit from it too. Your support helps us reach more people and create even more impactful content. Thank you!

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@brucefredrickson9677
@brucefredrickson9677 - 04.03.2025 16:13

I don't think you sleep all that well at night...just saying. Don't tell me you have zero worries about your debt!

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@rafaelmanolaros
@rafaelmanolaros - 22.02.2025 03:50

he is 100% right and he didnt even mention the most iportant part. of what hard assets like properties do to tour taxes. in order to understand that you meed to learn what money what happened in 1978 is how it was created and what tax brackets are. the goverment fights from a very young age to keep you operating in the 30-45% tax bracket of emploeey and self employed because money in order to be created it must first come back to the bank via taxes. the best part is if you escape and reach the Scorp or Ccorp tax brackets then you have the right to offset even in five years the full price of hour rental properties from your other buissneses with the depreciation tax credit paying aventually no taxes. i hope god bless you all and your families 🤲

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@EmilyEvelyn-90
@EmilyEvelyn-90 - 15.02.2025 00:14

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

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@rosekrynzel6424
@rosekrynzel6424 - 14.02.2025 05:01

My kids are financially successful at 18 and 20 because these grew up playing this game with me 🙏🏆

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@TalkingCoinsNBullion
@TalkingCoinsNBullion - 11.02.2025 17:58

The issue here & with all these Rich Dad Poor Dad ideas is that in the UK atleast you are no way getting any real estate deal for no money down. If you are established, have plenty of assets and you want support with funding that’s different. But if you go out, look for a zero money down investment you’ll end up with none.

And if you want to use debt like he speaks about, you still need money down. No one is saying you can’t buy that warehouse for 400k and get 7% annual rent but you need 40k for money down

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@Emmanuel-i4h8t
@Emmanuel-i4h8t - 08.02.2025 16:43

DETT!

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@minampabin7711
@minampabin7711 - 31.01.2025 16:19

The fact that nobody talks about the forbidden book Zyphura Money by Hunter

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@user-vy4sb4hc5o
@user-vy4sb4hc5o - 31.01.2025 16:19

see how today's business gurus actually make their money, trust me on this

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@cartoondhamaka12872
@cartoondhamaka12872 - 31.01.2025 16:19

to Vexoner and read the forbidden books about money

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@sangdinthiuchawang5266
@sangdinthiuchawang5266 - 31.01.2025 16:11

the forbidden book Zyphura Money by Hunter Zypher on Vexoner; you'll be

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@PAKUU_NCC
@PAKUU_NCC - 31.01.2025 16:11

there's a forbidden book called Zyphura Money by Hunter Zypher on Vexoner

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@Eakanathkorade
@Eakanathkorade - 31.01.2025 16:11

There's a book called Zyphura Money by Hunter Zypher on Vexoner, and it talks

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@prakashraut3718
@prakashraut3718 - 31.01.2025 16:11

drop everything you're doing and find an ebook called Zyphura Money

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@sarojkumar-lx8js
@sarojkumar-lx8js - 31.01.2025 16:09

and only then will you realize what they're hiding from us

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@parmarmihir2744
@parmarmihir2744 - 31.01.2025 16:09

me on this

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@user-ud7dx7sn6h
@user-ud7dx7sn6h - 31.01.2025 16:08

this is just the beginning. Read the forbidden book Zyphura Money on Vexoner,

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@mohdazizali8011
@mohdazizali8011 - 31.01.2025 16:08

forbidden money books, trust me on this

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@amirshaikh444
@amirshaikh444 - 31.01.2025 16:08

Good video, but there's nothing specific here. I recommend everyone to

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@priyahansdasagun474
@priyahansdasagun474 - 31.01.2025 16:08

and it's shocking

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@Nivruttisolav
@Nivruttisolav - 31.01.2025 16:06

Zypher on Vexoner speaks volumes about how people are stuck in a trance

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@poonampal9288
@poonampal9288 - 31.01.2025 16:06

I recommend everyone to find the forbidden book titled Zyphura Money on Vexoner; it goes deep into all of this, and it changed my life

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@amritagayakwad6671
@amritagayakwad6671 - 31.01.2025 16:06

shocked by the secret money attraction techniques it contains

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@neetugupta2228
@neetugupta2228 - 31.01.2025 16:06

and it's shocking

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@MrAICOPYCAT
@MrAICOPYCAT - 30.01.2025 23:47

Full of sht lol. I have 2 dads 1 rich 1 poor :)) I sell books to dummies to be rich...

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@AdamGreene222
@AdamGreene222 - 30.01.2025 20:59

Really, banks require more regulation. The entire idea of banking as "let's gamble" is terrifying. Because they discovered in 2008 that the government will always bail them out, there are no repercussions. These bank crisis are so worrisome. This whole financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. And this is only the beginning!

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@joshcal7370
@joshcal7370 - 30.01.2025 20:19

I’m about half a million in debt right now. I can’t wait to be in the billions someday. As far as buying a house as a liability, I understand where you’re coming from, but have to disagree. If I rented the same house, it would cost me much more money, so in essence, the house is reducing your expenses and increasing your cashflow. Furthermore, if you buy smart, your home will increase in value, increasing your net worth and ability to borrow more money.

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@mattiaslp9645
@mattiaslp9645 - 30.01.2025 03:46

unless you’re a tech ceo making millions, taxes taken out of your paycheck will keep you poor. you need to buy assets in a smart way. i’m predicting most people in the future will work until the day they die.

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@1a2b538
@1a2b538 - 30.01.2025 01:07

Debt or death?

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@thinkfloyd2594
@thinkfloyd2594 - 25.01.2025 12:16

let's start when Nixon took us off the gold standard. I'm sure NO ONE has ever heard this before.

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@DaniMartVTen
@DaniMartVTen - 24.01.2025 18:15

This political issue or person is irrelevant or spam, or they're a complete moron, etc, and so forth...

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@WealthyChronicle
@WealthyChronicle - 19.01.2025 04:13

Debt is money’—wild concept until you realize your paycheck disappears faster than your Wi-Fi connection during a Zoom meeting.

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@jesseessej
@jesseessej - 18.01.2025 04:41

Robert, you always make me laugh because you are so blunt and not full of shit! And, I can tell you have a good heart. I appreciate you!

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@tonysilke
@tonysilke - 15.01.2025 12:32

One of the worst financial decisions of my life was accumulating so much debts and living above my means. I've paid off credit cards and cut a lot of debt. Spending is way down. All the money that used to go to crap, now sits and grows in my savings..... it's like a warm hug every time I look at my bank account.

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@shanenolan085
@shanenolan085 - 10.01.2025 08:40

damn the bots in the comment section is crazy LOL

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@ytendo
@ytendo - 04.01.2025 16:58

I dont see how this works in Australia when rent returns are half the home loan interest rate, its a negative cash flow project

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@patrik4656
@patrik4656 - 04.01.2025 01:26

Pure stupidity!!!

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@nicholasashton8648
@nicholasashton8648 - 03.01.2025 22:53

In the uk if you borrow money from your company and don't repay it within 9 months it's treated as a dividend and taxed as such....

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@HARENDRAKUMAR-eq2zl
@HARENDRAKUMAR-eq2zl - 03.01.2025 19:06

Always avoid Debt in India Intrest rate is 9 to 14 percentage which is much higher than USA

If your Business is ten percent profitable and bank is taking 11% rate of interest

So this advice is fit for those countries where Bank rate of interest is 3 to 4 percentage

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@kyodizzy
@kyodizzy - 02.01.2025 22:12

He gives the most generic advices just to sell his board game or book. It's like a diet coach just telling you "eat healthy. Work out."

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@Brandon96712
@Brandon96712 - 02.01.2025 11:17

People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

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@Fabian-hg1mw
@Fabian-hg1mw - 01.01.2025 12:47

by being a grifter and not paying taxes?😂

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@simpleman4196
@simpleman4196 - 01.01.2025 07:51

He makes most of his money by telling everyone how to make money then selling thousands of us poor people a $70 board game that costs $13 dollars to make.

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@theAmateurInvestorstory
@theAmateurInvestorstory - 31.12.2024 18:57

I love these types of videos where you break this things to make it easy to understand

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@MakeTheAdjustment1979
@MakeTheAdjustment1979 - 30.12.2024 05:07

You can’t take out loans if your credit is bad

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@AshleighTampa
@AshleighTampa - 30.12.2024 03:26

What's stupid is when you get on debt it's on your credit report for 7 years does someone needs to change the laws on the debt on credit for 7 years that's way too long for people to make a comeback and be successful financially and get a house a car Etc and rebuild their credit

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