| Are you worried about the current state of the economy and the potential for a financial crash? You're not alone. Financial expert Bert Dohmen shared his insights and predictions for the future of the economy, and it's not looking good. Dohmen explains that we are currently in a secular cycle, which is the bad part. He warns that the current tightening of credit by banks is the biggest since the Great Depression and that this is a sign of something much worse ahead. So, what can you do to prepare? First, it's essential to have an experienced financial advisor who has been around during the last inflation cycle. Dohmen emphasizes the importance of facts over opinions and encourages listeners to study his Wellington Letter, which offers a detailed analysis of the current economic situation. The hosts also offer a free copy of the letter to listeners. Second, it's crucial to understand the reasons behind the credit crisis and the potential impact on commercial real estate loans. Dohmen predicts that the crisis will continue and advises listeners to pay attention to key indicators such as the federal reserve's actions and the shrinking economy. Third, it's essential to do your research before making any investment decisions. Don't follow investment advice blindly and verify the information before taking action. Timing is everything, and studying historical charts and technical indicators can help you make informed decisions. In conclusion, the episode highlights the need for caution and preparation in the face of potential economic instability. Don't be fooled by short-term boosts in the market, and choose a financial advisor with experience and wisdom. Increase your financial literacy by studying the fundamentals of income, assets, liabilities, and cash flow. And most importantly, be prepared for whatever comes next. Get Your Free Wellington Letter: https://dohmencapital.com/freewlrd ----- Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/richdad Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. “Net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: https://www.Masterworks.com/cd Masterworks’ offerings are filed with the SEC. View all past and current offerings https://www.sec.gov/cgi-bin/browse-edgar?company=masterworks&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany. ----- Please read carefully. This is not financial advice. You may be asking, “What does that mean?” Let me explain… Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities. ----- https://www.richdad.com/ Facebook: @RobertKiyosaki https://www.facebook.com/RobertKiyosaki/ Twitter: @TheRealKiyosaki https://twitter.com/theRealKiyosaki Instagram: @TheRealKiyosaki https://www.instagram.com/therealkiyosaki/ |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
Tags: Featured,newsletter
20 pings
Skip to comment form ↓