TOO MUCH MONEY to NO MONEY
Thank you for reading my previous text. I waited before adding MONEY PROBLEM # 6.
6. TOO MUCH MONEY to NO MONEY.
This problem hsppens a lot to many who are suddenly rich.
Many professional athletes, movie strs, lottery winners, inheritance rich….are overnight rich. The money goes to their heads and egos take over, or they turn the access to their money to dishonest people like managers, accountants, attorneys, family members…and their fortune is GONE!!!!
I’ve experience this too, several times.
The good news is, losing everything was a good thing for me because my rich dad taught me….going from rich to poor can be a great teacher….if one learns from the mistake, turns the mistake into a life lesson, and grows more financially intelligent versus more financially bitter.
Humans were designed to make mistakes, learn, and grow smarter.
The biggest problem humans have is our educational system punishes people who make mistakes, rather than teach “how to learn from our mistakes.”
Many poor people are poor because they are afraid of making mistakes, or they made mistakes and did not learn from their mistakes.
Thats why Kim and I created our board game Cashflow so players can learn from their mistakes with fake money….not real money.
Take care. Make mistakes, learn, grow, and enjoy a richer life.
BIGGEST CRASH IN HISTORY has started.
In 2002 I released RICH DADS PROPHECY. This book was written to prepare people to profit and not be victims of the biggest stock and bond market crash in history…. a crash that was still coming.
In 2026, that crash started, in Europe and Japan and is spreading across the world.
It’s caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation.
If you have a 401k or IRA or Superannuation, or a RRSP you may be in trouble, especially if you’re over 40 years old.
The last depression lasted 25-years from 1929 to 1954.
For those who were prepared like the Kennedy family was prepared….the Grest Depression was the most prosperous time in their lives.
Please do not be a victim. There is still a little time before mom, pop and kids, wake up and the panic and bank runs begin.
For years I’ve been stating exactly what I have been doing to prepare and that is personal business, income producing real estate, investing in oil producing wells, saving not cash…. But gold, silver, and Bitcoin…. Knowing the fake money printing will begin.
I recommended this book before, The Entropy Trap, published this year, 2026, and it may be the most impotant book you can read this year. The author is Mickey Maini.
Please read it. It could be your best investment today.
Take care….
Humans are designed to learn by making mistakes.
We learn to walk by falling down and trying again.
We learn to ride a bicycle by falling off.
If we had never risked falling, we would go through life crawling like caterpillars.
PRINTING MORE FAKE $
US Treasury announces another round of QE (Quantatative Easing) aka printing fake $.
DXY (index of purchasing power of dollars) CRASHES, which means INFLATION Booms….which means savers of fake $ are the biggest losers.
Don’t be a Loser.
As stated in my previous X “If you think financial education is expensive, what is the price of financial ignorance?”
Facts are educated investors who invest in assets that go up in value, such as gold, silver, Bitcoin, some real estate, get richer….while people who are financially uneducated, and invest in fake assets get poorer.
Thank you for investing your time following my X’s and investing in your financial education.
You grow financially smarter everyday.
As my rich dad often said: “Your greatest expense is not the time and money spend on your financial education…. Your greatest expense is the money you Do Not make!!!?
Take care.
WHAT IS EXPENSIVE?
I spent all of the last previous week at Ken McElroys “Collective” then his “Limitless” program in Phx.
They are both expensive in time and money. And FYI I pay the same price although I am one of the speakers.
As I have said: “I go to teach as well as to learn” …and I learned a lot. Life changing and future changing data.
When I got home an old friend was visiting and asked where I had been.
When I told him what I just shared with you…. plus the prices I paid…
his reply was:
“That is so expensive.”
My reply was:
“Do you know how expensive financial ignorance is?”
Take care.
$40 TRILLION US NATIONAL soon!!
Q: What are you doing about it?
Friends who are much smarter than me, such as Jim Rickards are predicting $200 an ounce for silver and $10,000 an ounce gold soon.
Of the two…. I think silver is the best choice in August 2026.
Q: What do you think….or more importantly what are you doing ?
Actions speak louder than words!!!
Take care:
Remember: Savers of cash are the BIGGEST LOSERS!!!!
REPEATING: Global economy is crashing.
I predicted this in my book Rich Dad’s Prophecy.
Those that followed the guidance in that book are OK today.
Please remember, it’s not too late to make changes now.
Please remember in every crash many people are wiped out and a few people get richer.
I want you to be one who gets richer.
Thank you for following me on X.
Take cars!!!!
“Don’t teach pigs to sing. It wastes your time…. and annoys the pig.”
I would guess most of us, you, me, we…want to help our fellow human beings….if we could.
Yet sometimes our help is rejected because “it annoys the pig.”
This lesson has been one of the hardest lessons for me. I want to help people with money problems, get richer, and possibly financially free.
Yet my advice “annoys the pig.”
Money is a personal, emotional, often cultural, most times values of their family…unfortunately I have found people from poor families have the worst fixed ideas about money…and my sticking my nose into their business…”really annoys the pig.”
Again, it has been one of the more painful lessons for me to learn…Don’t teach people who do not want to learn.
That is a long way of me saying “thank YOU for following my X’s and wanting to learn more about what my rich dad taught me about money.
Take care. Rough seas ahead.
We are entering one of the most turbulent times in money history, especially with the rise of China, a bankrupt US economy, and AI causing mass lay offs.
So “Thank you” for wanting to learn!!!
“Gold and silver going to the moon.”
Legendary investor Jim Rogers.
Jim states further, that the prices of gold and silver will go to the moon, yet not without severe retracements.
Gold and silver just went through a severe retracements.
Recently gold hit a high of $5405 and retraced to$4006.
Silver hit a high of $118 and retraced to $56.
Interesting, many “speculators” buy at the TOP then selling at the BOTTOM.
I am in agreement with my friend Jim Rogers.
During this last “retracement” or “crash” I bought more gold and silver.
When a friend asked me why I buy and silver, my reply was:
“The world economy is in great trouble, and I do not trust our leaders or central banks to solve the problem. In fact they are the problem and things like debt and inflation will only go up.”
What are you going to do?
Buy high sell low.
Or:
Buy low and get rich?
Gold and silver are going to the moon!!!!
Take care.
REMINDER:
From book The Entrooy Trap.
Any asset that requires “trust” will be destroyed in the coming crash and possible Depression.”
That warning includes US Bonds, some stocks, ETFs,mutual funds, 401ks, IRAs, Suierannuations…..all fiat (fake) money such as the s Dollar, Euro, Yen, Peso…….
As you may know, since 1965…I primarily in assets that require no trust, which are gokd, silver, and oil.
As the book Entrioy Trap warns and I have been warning for years, those who are rich today…..will be tomorrows poor.
I belueve tomorrow has arrived. Its now today.
I want you to be one of the rich.
Take care.
HAPPY FATHER’S DAY TO ALL FATHERS💥
Being a father is your most important job.
I have never been a father, yet I was blessed with having two fathers, my poor dad and my rich dad.
By telling the story of their lessons to me, millions of lives have been changed….enriched, across the world.
Fathers or not, please say “Thank you” to your dad.
Take care.
I AM NOT A FINANCIAl ADVISOR
My attorney has sent a “Cease and Decist” notice to someone or group who is using my name to state investments I recommend.
Please be aware I will always share with you what I am investing in and why.
I do not recommend anyone invest in what I am investing in.
Again, I am not a financial advisor.
I apologize if this is causing confusion and thank you for following my X posts.
I will be more careful of the words I use.
To be clear….i invest in gold, silver, Ethereum, Bitcoin, oil and cattle. I have done so for years.
I did not have a 401k or IRA
and I do not invest in publicly traded stocks or bonds.
I will always disclose what and why I invest in but do not recommend you do what I do.
What you do is up to you and your financial advisors.
Take care and thank you for following my posts.
I was not born a natural entrepreneur, I had to be trained.
My rich dad guided me through a process of becoming an entrepreneur.
There was a lot I had to unlearn before I could begin to understand the lessons he was trying to teach me.
I WARNED EVERYONE
In 2002 I released Rich Dad’s Prophecy.
In 2026 the predictions in Prophecy are coming true.
You don’t have to be a victim to the
“Everything Bubble” as the bubbles burst and leads to the greatest depression in world history.
You can still be a winner even as the world economy crashes.
Look at the economic crashes from
Dubai to Vegas, from
Tokyo to New York City.
Unfortunately homelessness will spread globally.
Please study, be aware, and know the world economy can still make you a financial winner, if you will do what it takes to fight for your financial freedom.
Take care.