I am $1.2 Billion in Debt, Here’s What Banks Don’t Want You To Know About Money
2024-11-03
In this video I share why understanding and using debt strategically can be the ultimate financial game changer. This isn’t about reckless borrowing—it’s about leveraging debt as a tool to generate wealth.
We start by going back to 1971, when President Nixon took the U.S. dollar off the gold standard, transforming money as we knew it. Today, every currency—whether the U.S. dollar, peso, yen, or euro—is debt. Yet, mainstream financial advice often tells you to live debt-free, and while that’s safe for most, the wealthy play a different game: using debt to build assets that produce cash flow.
I’ll explain the core principles of financial literacy, using my experience and the concepts from Rich Dad Poor Dad and the Cashflow board game. We’ll cover why buying liabilities like cars and
Trump vs Harris: Why Their Tax Proposal Changes EVERYTHING
2024-10-23
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In this crucial lesson, we tackle the pivotal question for American voters: Are you backing a capitalist or a Marxist? This video focuses specifically on the contrasting tax policies of Donald Trump and Kamala Harris, revealing how their approaches could shape our economic landscape.
Join me, a military school graduate with a passion for economics, as we explore the implications of taxation on personal wealth and private property rights. We’ll analyze Harris’s proposed tax increases and how they contrast sharply with Trump’s plans to maintain and even reduce taxes for Americans.
Learn how Harris’s policies, which could impose hefty taxes on investors and entrepreneurs, threaten to diminish financial
What Happens if Israel Attacks Iran’s Oil – Mike Mauceli, Hooshang Amirahmadi
2024-10-22
In this episode, host Mike Mauceli engages with expert Hooshang Amirahmadi to unravel the intricate geopolitical dynamics surrounding Iran, Israel, and the U.S. The discussion covers the vulnerability of Iran’s oil industry to Israeli attacks, the critical role of oil exports to China, and the profound impact of U.S. sanctions. It contrasts the approaches of Biden and Trump towards Iran, debating the ‘no war, no peace’ strategy of current policies and the potential for a more decisive U.S. stance. The insights also reflect on historical contexts and the broader implications of Iran’s actions in the Middle East, providing a comprehensive analysis of the ongoing international struggle.
00:00 Introduction a
00:22 Iran’s Oil Vulnerability
03:28 US Involvement and Proxy War
06:10 Iranian
How to Navigate Economic Downturns – Andy Tanner, Del Denney
2024-09-03
In this episode of Rich Dad Stockcast, hosted by Del Denney, the focus is on navigating economic downturns and transforming crises into opportunities. Joined by Rich Dad expert Andy Tanner, provides important lessons to you to improve your financial education and strategic positioning during challenging economic times.
FREE Training with Andy Tanner: https://bit.ly/3JsRdmj
Understanding Economic Downturns
Andy Tanner starts by addressing the psychological impact of economic downturns. He explains how market pullbacks often create the best buying opportunities, likening it to holiday shopping events where prices are "on sale." Andy further distinguishes between typical market downturns and Black Swan events—unpredictable market plunges that offer significant opportunities for those who
The Science and Art of Market Timing – Andy Tanner, Del Denney
2024-08-26
In this episode, Del Denney and Andy Tanner dive into the complexities of market timing—a crucial skill for maximizing profits and minimizing losses in today’s volatile market. Whether you’re an experienced investor or just starting out, this episode offers valuable insights to sharpen your investing strategies and enhance your financial education.
The Importance of Market Timing
Market timing is often regarded as one of the most challenging aspects of investing. While many investors dream of buying at the bottom and selling at the peak, the reality is that predicting market movements is incredibly difficult. Andy Tanner emphasizes that successful market timing is less about prediction and more about reaction—adjusting your strategies when things don’t go as planned. This episode sheds
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