CW 387: Financial Education & Cultivating Entrepreneurial Genius with Robert Kiyosaki Acclaimed Author of ‘Rich Dad Poor Dad’
Creating Wealth Real Estate Investing with Jason Hartman
Release Date: 07/07/2014
Creating Wealth Real Estate Investing with Jason Hartman
Jason is a guest on Adam Taggart's podcast and explores the current state of the American housing market, highlighting a unique period of low inventory and high interest rates. He argues that while affordability is at a forty-year low, the market remains resilient because existing homeowners are "locked in" by historically low mortgage rates. Unlike the 2008 financial crisis, there is a lack of distressed sellers and a significant surplus of home equity, which prevents a major price crash. The discussion also touches on the shift toward manufactured housing and the impact of a massive influx...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 1645 published last February 8, 2021 Jason Hartman talks about the opportunities presented by the lurking crises. While some may have concerns about pending laws, people will vote with their feet - and end up in markets that investors might prefer. What can we make of Elon's latest Bitcoin move? Some are still throwing the dice at Bitcoin and similar crypto-currencies, but real estate proves to be a smarter investment. Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad...
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In this 10th episode, Jason warns that the current stock market is a bubble reminiscent of the dot-com era, characterized by irrational business models and lack of profit. He contrasts these unstable tech investments with the reliability of real estate, noting that while some markets are cooling, a nationwide housing shortage continues to support property values. A significant portion of the discussion focuses on the construction labor gap, where the host argues that a reliance on immigrant labor has suppressed wages for American workers. He advocates for higher domestic wages and stricter...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Real estate experts Michael Zuber and Jason Hartman discuss five influential books that shaped Zuber’s career and mindset. Zuber highlights The Millionaire Real Estate Investor for its relatable success stories and Be Obsessed or Be Average for validating his intense focus. He also emphasizes the importance of resilience and habit-building through titles like Embrace the Suck and Atomic Habits, which helped him navigate the difficult early years of investing. The conversation transitions into a broader lesson on the necessity...
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This Flashback Friday is from episode 689 published last June 21, 2016. Kevin Maney writes a weekly column on technology and society for Newsweek magazine. He is the author of the new book Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets, and has co-authored Making the World Work Better: The Ideas That Shaped a Century and a Company and The Two-Second Advantage: How We Succeed by Anticipating the Future...Just Enough. He shares his insights about what to look for when a company goes public too soon and what flaws are common amongst...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason introduces Sahala Moshsin and her book "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order" and discusses the impact of economic sanctions, particularly those imposed on Russia. They also explore the challenges faced by countries trying to work around the US dollar's global dominance, the mounting debt and its implications for the country's future, and the negative impacts of US currency policy on globalization. Lastly, Saleha discusses the current social and economic upheavals and the importance of understanding the economy through a currency lens....
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason and Michael offers a critical analysis of Melody Wright, a real estate commentator accused of spreading unsubstantiated "doomer" narratives regarding the housing market. They specifically debunk her claims of widespread mortgage fraud, explaining that modern banking regulations and randomized appraisal processes make such conspiracies nearly impossible to execute. They emphasize that inflating property values for "cash-out refis" would require a criminal RICO conspiracy involving multiple parties, which is highly unlikely in today’s...
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This Flashback Friday is from episode 331 published last August 7, 2013. Meredith Whitney is the founder of Meredith Whitney Advisory Group and author of, "FATE OF THE STATES: The New Geography of American Prosperity." Whitney believes "interior" states like North Dakota, Indiana and Texas are doing a lot better than "coastal" states like California, New York and Florida. She thinks the coastal states continue to struggle long after the recession, while the middle of the country will continue to thrive. Keeping these in mind, she discusses the outlook for the following areas: -...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason welcomes his long-term client David Porter, a retired executive who began investing in residential real estate around 2008. David explains his unique "free lunch metric," which he used to identify stable neighborhoods by ensuring fewer than 50% of local students qualified for government-assisted meals. Throughout the discussion, the pair explores the benefits of buy-and-hold strategies in linear markets like Indianapolis, emphasizing cash flow over speculative appreciation. David shares practical advice on managing property managers, maintaining...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason shares a curated list of seven influential books with Michael Zuber, focusing on themes of financial psychology, personal development, and economic outlooks. He highlights a contrast between "doomer" literature, which he argues fosters inaction, and "optimistic" works that celebrate modern abundance and technological progress. A significant portion of the discussion centers on shifting one's mindset from extreme scarcity to enjoying life through experiences and "memory dividends," as advocated in the book Die with Zero. Jason and Michael also...
info_outlineRobert Kiyosaki is the acclaimed author of Rich Dad Poor Dad. The Rich Dad Company has made Rich Dad Scams: 8 Financial Scams Disguised as Wisdom available for free eBook download, so Kiyosaki talks in detail about scams everyone needs to understand.
Kiyosaki discusses the fundamental challenges with the traditional school system and how corporate America kills the entrepreneurial genius of many bright workers.
Kiyosaki then answers how much money one should save in his or her bank account.
Robert Kiyosaki is a fourth-generation Japanese-American who grew up in Hawaii. He joined the Marine Corps after graduating from college in New York, and went to Vietnam as an officer and helicopter gunship pilot. After the war, Robert went to work for the Xerox Corporation and in 1977 started a company that brought the first nylon Velcro surfer wallets to market. Feeling that he had something important to teach, Robert founded a new company in 1985 to teach business and investing to tens of thousands of students throughout the world.
At the age of 47 Robert retired from his business to devote time to writing, and in 1997 published the #1 New York Times best seller, Rich Dad Poor Dad. Soon afterward he wrote Rich Dad’s Cashflow Quadrant, Rich Dad’s Guide to Investing, and Rich Kid Smart Kid.
All the books have been on the best-seller lists of the Wall Street Journal, Business Week, New York Times, E-Trade.com, and other distinguished lists. Robert also created educational board games to teach individuals the same financial strategies his rich dad spent years teaching him… strategies that helped him retire at the age of 47.
Robert Kiyosaki’s goal is to give people information that will help them make their money work hard for them, rather than simply working hard for money.
Find out more about The Rich Dad Company at www.richdadcoaching.com and www.richdad.com.