Latest news with #PoorDad
Yahoo
17-05-2025
- Business
- Yahoo
‘Rich Dad' Robert Kiyosaki: 7 Reasons To Use the Stock Market To Generate Passive Income
The stock market has been especially volatile lately, and investors might be shying away from putting money in the market. However, some advisors are still saying the stock market can be a lucrative game if played right. Recently, on 'Rich Dad, Poor Dad' author Robert Kiyosaki's website, his team detailed why people should still be putting their cash into the stock market. Read on to find out how to make stocks work for you in 2025. Check Out: Learn More: To invest in real estate, someone would need to have a significant amount of capital. However, a person could get started in the stock market with any amount. Apps like Robinhood even make it possible to invest in partial shares, so those looking to invest have more options now than ever. Once an investor does accumulate more money, the stock market will pay off even more. Be Aware: Though there's some research involved beforehand, the act of putting money into the stock market takes a few minutes. It's something you can easily do as a full-time employee, so you don't have to worry about it taking up too much of your time. Some finance careers require a degree, a certification or sales expertise. Investing in the stock market just requires 'a desire to learn,' as the 'Rich Dad' article points out. The more research you do, the better stocks you'll pick and the more money you'll make. With the right picks, you'll always be gaining money no matter what the market is doing, and it's easy to cash out stocks when you decide to liquidate. Option contracts give the investor the ability to control when they sell their stocks. They can set a certain threshold to sell within a specific timeframe, which 'allow you to control large amounts of stock positions for pennies on the dollar,' according to the article. No matter what happens, usually there will be a stock that's going up. This means that there will always be a chance to make a profit with savvy investment choices. The article advised that many brokerage firms offer accounts with 'pretend money,' where new investors can test out buys without suffering any consequences. This way, they don't have to take a big risk with their savings. They can try out the market and get a feel for what investments do best. More From GOBankingRates What $1 Million in Retirement Savings Looks Like in Monthly Spending 5 Cities You Need To Consider If You're Retiring in 2025 5 Little-Known Ways to Make Summer Travel More Affordable How Much Money Is Needed To Be Considered Middle Class in Every State? Source 7 Reasons to Generate Passive Income With Stocks This article originally appeared on 'Rich Dad' Robert Kiyosaki: 7 Reasons To Use the Stock Market To Generate Passive Income Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-05-2025
- Business
- Yahoo
‘Rich Dad' Robert Kiyosaki: 7 Reasons To Use the Stock Market To Generate Passive Income
The stock market has been especially volatile lately, and investors might be shying away from putting money in the market. However, some advisors are still saying the stock market can be a lucrative game if played right. Recently, on 'Rich Dad, Poor Dad' author Robert Kiyosaki's website, his team detailed why people should still be putting their cash into the stock market. Read on to find out how to make stocks work for you in 2025. Check Out: Learn More: To invest in real estate, someone would need to have a significant amount of capital. However, a person could get started in the stock market with any amount. Apps like Robinhood even make it possible to invest in partial shares, so those looking to invest have more options now than ever. Once an investor does accumulate more money, the stock market will pay off even more. Be Aware: Though there's some research involved beforehand, the act of putting money into the stock market takes a few minutes. It's something you can easily do as a full-time employee, so you don't have to worry about it taking up too much of your time. Some finance careers require a degree, a certification or sales expertise. Investing in the stock market just requires 'a desire to learn,' as the 'Rich Dad' article points out. The more research you do, the better stocks you'll pick and the more money you'll make. With the right picks, you'll always be gaining money no matter what the market is doing, and it's easy to cash out stocks when you decide to liquidate. Option contracts give the investor the ability to control when they sell their stocks. They can set a certain threshold to sell within a specific timeframe, which 'allow you to control large amounts of stock positions for pennies on the dollar,' according to the article. No matter what happens, usually there will be a stock that's going up. This means that there will always be a chance to make a profit with savvy investment choices. The article advised that many brokerage firms offer accounts with 'pretend money,' where new investors can test out buys without suffering any consequences. This way, they don't have to take a big risk with their savings. They can try out the market and get a feel for what investments do best. More From GOBankingRates What $1 Million in Retirement Savings Looks Like in Monthly Spending Warren Buffett: 10 Things Poor People Waste Money On 5 Little-Known Ways to Make Summer Travel More Affordable 10 Cars That Outlast the Average Vehicle Source 7 Reasons to Generate Passive Income With Stocks This article originally appeared on 'Rich Dad' Robert Kiyosaki: 7 Reasons To Use the Stock Market To Generate Passive Income Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-05-2025
- Business
- Yahoo
Robert Kiyosaki, 'Rich Dad Poor Dad,' Says Poor People Can't Afford To Eat McDonald's Or Burger King — Good For Health But Bad News For Economy
"Fast food" used to mean cheap, greasy, and everywhere. You didn't need to check your bank account before grabbing a burger and fries. But now, that dollar menu is looking more like a memory — and according to "Rich Dad, Poor Dad" author Robert Kiyosaki, it's not just hitting broke college kids or struggling families. It's hitting the rich. On April 26, Kiyosaki posted on X that even McDonald's and Burger King franchise owners — the ones with multiple stores — are going under. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — "WHY ARE A FEW REALLY REALLY RICH POORER?" he wrote, all caps and all. "The problem is the franchise stores are going bankrupt." His reason? The people who used to grab fast food the most can't afford it anymore. "One reason is today's poor cannot afford to eat at McDonald's or Burger King," he wrote. "While this might be good for the poor to eat healthier less expensive foods like apples and kale, inflation causing even the become poorer." Kiyosaki, who's spent decades warning people about inflation, fiat currency, and what he calls "fake teachers," isn't exactly celebrating the shift. He sees it as another sign that the system is cracking — even if a few folks are eating cleaner. "A few Tweets or 'Xs' ago, I stated one of McDonald's potato suppliers went bankrupt... because the poor were eating less French Fries," he added. "Today the franchise owners... Some of the richest people in the world are going bankrupt. This is not healthy." Trending: Here's what Americans think you need to be considered wealthy. He used the post to push his long-running message: turn this crisis into a learning opportunity. "Please use this financial crisis to become healthier, wealthier... by becoming wiser," he wrote. And he urged followers to ditch traditional schooling and look for real-world lessons instead: "Knowledge is the new money." Kiyosaki closed with a plug for his books, financial games, and favorite assets: "saveing [sic] gold, silver, and Bitcoin." Americans are clearly rethinking their drive-thru habits. A LendingTree survey from last year found that 78% now see fast food as a luxury, not a budget-friendly meal. Another 62% say they're cutting back altogether. So yes, the fries are more expensive. The burgers are smaller. And the fallout isn't just hitting the "poor"— it's hitting some of the franchise owners, ones who were supposed to be safe. Kiyosaki sees it as a signal to wise up and ditch the debt, question what you're being taught, and stop counting on a system that's getting pricier by the combo meal. Whether you agree with his gold-and-Bitcoin gospel or not, he's got a point: when even McDonald's starts to feel like a splurge, it might be time to rethink what "rich" really means. Read Next:Hasbro, MGM, and Skechers trust this AI marketing firm — . Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Robert Kiyosaki, 'Rich Dad Poor Dad,' Says Poor People Can't Afford To Eat McDonald's Or Burger King — Good For Health But Bad News For Economy originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
Robert Kiyosaki: 5 Things Boomers Must Do Before the Stock Market Crashes
Robert Kiyosaki, famed financial advisor and author of 'Rich Dad, Poor Dad,' isn't known for being shy about dispensing money advice. He frequently takes to social media, namely X to share pithy, on-point takes on the economy. Here are his latest personal finance recommendations for the baby boomer generation. For You: Learn More: Kiyosaki suggests that a market crash could wipe out some traditional income streams boomers may be counting on for a self-reliant retirement. The key here is to proactively approach whatever may unfold and adjust your financial plans to anticipate coming changes. Instead of solely relying on a 401(k) or an individual retirement account (IRA) for financial independence, boomers should consider focusing on increasing their savings and developing new income streams that don't rely as strongly on overall economic performance. Find Out: Kiyosaki makes it no secret that he thinks we're headed for a historic stock market crash. If he's right, the traditional investment vehicles boomers have depended on could change from safe havens to risky bets overnight. Kiyosaki says traditional buy-and-hold assets may become unreliable in a significant market downturn. Savvy retirees will want to plan ahead by examining what they're currently invested in and make appropriate changes while they have time. This one might surprise some people, but Kiyosaki recommends getting out of real estate while the getting's good. Though housing prices may be at all-time highs, this is another market that Kiyosaki sees going belly up in the near future. 'I am not counting on my home to be an asset,' he says, suggesting that these traditional retirement investments should be sold now while the prices are still high. This might be a tough pill to swallow for a generation that prizes home ownership and is resistant to renting, but the advice comes from Kiyosaki's conviction that the housing bubble is going to pop. Precious metals have often been considered wise investment options for uncertain market conditions, and Kiyosaki recommends boomers take heed and redirect their savings to these kinds of material assets. He also suggests investing in Bitcoin, and while cryptocurrency is still a comparatively new investment option, Kiyosaki thinks it could provide greater returns and more opportunity for growth. Though crypto investments may not be for the faint of heart, they may offer protection from the crash Kiyosaki is predicting, especially if other investors move their assets into Bitcoin as well. Kiyosaki says that boomers have been lucky, which is a sentiment most economists would agree with. He points out that the kind of market prosperity boomers saw during the real estate, stock and bond markets of the 1970s was tied to that generation's first home purchases and 401(k) plans. Now that they're getting older, all that is likely to change: 'In the 2020s, boomers' old age will cause real estate, stock and bond markets to bust.' Kiyosaki's view is that it's time to cash out of the economy boomers built before it slips away from them: 'If I were a child of a boomer I would nudge my parents to sell their home, stocks and bonds now while prices are high, before the crash that is coming. More From GOBankingRates 6 Used Luxury SUVs That Are a Good Investment for Retirees 10 Genius Things Warren Buffett Says To Do With Your Money 7 Overpriced Grocery Items Frugal People Should Quit Buying in 2025 The New Retirement Problem Boomers Are Facing This article originally appeared on Robert Kiyosaki: 5 Things Boomers Must Do Before the Stock Market Crashes
Yahoo
28-04-2025
- Business
- Yahoo
Rich Dad Poor Dad author makes surprising silver, gold price forecast
Gold has been one of the best places for investors to make money in 2025. While a weak economy and trade war have taken a sledgehammer to stocks, bonds, and the U.S. Dollar, the yellow metal has delivered gold bugs double-digit returns. Since the start of the year, gold has surged 25%, including a roughly 15% gain in April. The move in the precious metal has been so significant that gold traded at record highs this week because of strong demand from central banks and Main Street investors. 💵💰 Don't miss the move: Subscribe to TheStreet's free daily newsletter 💵💰 The move in gold may have surprised many people, but not Robert Kiyosaki, the author of the best-selling book "Rich Dad, Poor Dad." Kiyosaki, a long-time bull on gold and silver, has been recommending it regularly over the past year. Now that his bullishness has paid off, Kiyosaki updated his gold and silver outlook this week. Given his success so far, it may be worth paying attention to what he thinks happens to gold and silver next. Gold stocks have surged in 2025 amid recession worries and a falling U.S. source: Costaseca/Lucas/AFP via Getty Images Gold rocks higher as Fed falls behind curve Sticky inflation, rising unemployment, and trade war headwinds could mean the U.S. economy is headed for stagflation or, worse, a recession. While inflation has declined from above 8% in the summer of 2022, it remains troublesome. In March, the Consumer Price Index showed inflation of 2.4%, which is still north of the Federal Reserve's 2% inflation target. Related: Veteran analyst sends blunt 11-word message on gold stocks Worse, tariffs imposed by the White House this month suggest prices could soon be heading higher, further crimping consumers and derailing business spending. The so-called "Liberation Day" tariff announcement included import taxes much higher than economists expected. While most tariffs have been paused for 90 days, key taxes remain. For example, a 10% tariff is in place on all imports, and Mexico and Canada face 25% tariffs. Autos are similarly subject to a 25% import tax. Even more striking, the U.S. has slapped a 145% tariff on Chinese imports that's likely to cause surging inflation on everything from clothing to electronics. The prospect of inflation chipping further away at budgets isn't lost on consumers, given that sentiment has fallen off a cliff. The University of Michigan's Consumer Sentiment Survey results plummeted 8% in April from March to 52.2. That's the fourth-worst reading in the month of April since 1952. The all-important expectations component of the survey has retreated 32% since January, the worst three-month drop since the 1990 recession. Americans now expect inflation in the year ahead to hit 6.5%, up from 5% last month, and the highest reading since 1981.
