Robert Kiyosaki quotes:

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  • The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.

  • Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.

  • If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all focused intensely in order to win.

  • Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.

  • For something to collapse, not all systems have to shut down. In most cases, just one system is enough. For example, the human body is a system of systems. If just one system, such as the cardiovascular system, shuts down, death follows.

  • People clinging to job security, savings, retirement plans, and other relics will be the ones financially-ravaged from 2010-2020, the most volatile world-changing decade in history.

  • It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.

  • By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.

  • In 'Unfair Advantage: The Power of Financial Education' and 'Why A Students Work for C Students,' I reveal the secrets of the wealthy and what schools will never teach you about money.

  • Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.

  • My partner Donald Trump says that married couples should always have a prenuptial agreement. True, a prenuptial is important if one partner is much richer than the other before marriage, but Kim and I don't have one.

  • Every time I hear a politician mention the word 'stimulus,' my mind flashes back to high school biology class, when I touched battery wires to a dead frog to make it twitch.

  • Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.

  • Military school was great and especially great for leadership and then I spent two years in Vietnam.

  • Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.

  • Jobs are a centuries-old concept created during the Industrial Revolution. Despite the reality that we're now deep in the Information Age, many people are studying for, or working at, or clinging to the Industrial Age idea of a safe, secure job.

  • In the world of money and investing, you must learn to control your emotions.

  • It was easy being healthy when I was young. I was full of energy, so sports and physical challenges were fun. But as I got older and the spring left my step, exercise became harder, and eating, drinking and watching TV became easier. By the time I was 50, I'd put on 50 pounds.

  • Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout - a government handout to some of the richest people on Earth, paid for by American taxpayers.

  • If medical doctors can be sued for malpractice, shouldn't financial professionals practice under the same safeguard?

  • In business, success often depends upon the relative age of your ideas.

  • Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.

  • It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.

  • As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.

  • Any time an investment company has to spend heavily on advertising, it's probably a bad business in which to invest.

  • My company survives because I've learned to respect the ideas of people younger than me and recognize when my wisdom is obsolete.

  • Over a 10-year period, 99 out of 100 new entrepreneurs will fail. Only one will be left standing as others get pushed out of the market or burn out from working so hard. It's really sad.

  • People invest in businesses that they believe have the leadership, mission and team to grow and operate profitably.

  • I want parents to teach that academic intelligence is essential, but so is financial intelligence.

  • I don't like being told what to do and kissing you-know-what to get up the corporate ladder.

  • Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.

  • We misjudge risk if we feel we have some control over it, even if it's an illusory sense of control.

  • Even though the risks of death are higher driving than flying, many people would rather drive simply because they feel they have more control driving. The facts are that only a few hundred people die a year flying, and 44,000 are killed a year driving.

  • The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.

  • Prophets of doom have always taken risks in terms of ridicule and humiliation. If you stand on a street corner holding up a sign that reads 'The End Is Near,' passersby will laugh and heckle. People will say you're like Chicken Little, running around telling people the sky is falling.

  • Demographics show that we are entering a battle between young and old. I call it the 'Age War.' The young want to hang onto their money to grow their families, businesses, and wealth. The old want the tax and investment dollars of the young to sustain their old age.

  • In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.

  • When you think about it, three of our biggest financial decisions in life are made at times of peak emotional excitement: deciding to get married, buying a home, and having kids.

  • I know the Federal Reserve Bank can continue to print more and more money... but city and state governments cannot.

  • Millions of Americans and people around the world, especially young people who face intense financial challenges today, haven't been taught how to take control of their financial future.

  • It's easier to aim to please and say what others want to hear than to form an opinion and fight for it, even if it means taking a risk or losing your job.

  • A lot of people are afraid to tell the truth, to say no. That's where toughness comes into play. Toughness is not being a bully. It's having backbone.

  • So the Marine Corps really did teach me to conquer fear, and then to go for higher causes, higher purposes.

  • I don't invest in ideas because ideas are a dime a dozen. I could steal the idea pretty quickly.

  • Warren Buffett is famous for talking about the 'intrinsic value' of stocks. But while many people parrot this phrase, few know what it really means.

  • Money is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks it's a subject below their social standing.

  • Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

  • When President George W. Bush attempted to reform Social Security, that proposal was more unpopular with Americans than the Iraq war. People love their entitlements.

  • When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash.

  • I explain the law of compensation like this: 'Returns are minimal in spite of massive effort at the start, yet returns can be massive with minimal effort over time.

  • The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression.

  • The problem with being an employee or self-employed is you pay the highest taxes.

  • If I have cash and I can't figure a way to put it into real estate or my business, I hold it in gold and silver.

  • The problem with real estate is that it's local. You have to understand the local market.

  • An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.

  • Tax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight.

  • While the Chinese people, as a rule, are good people, my business dealings with Communist Chinese officials have left me disturbed and concerned about the rise of the Chinese Empire.

  • I do not live on false promises. I cannot afford to live on bad advice.

  • Financial freedom is available to those who learn about it and work for it.

  • The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.

  • Most businesses think that product is the most important thing, but without great leadership, mission and a team that deliver results at a high level, even the best product won't make a company successful.

  • Most small-business owners have no financial education when they started. They weren't trained to be entrepreneurs.

  • Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.

  • Face your fears and doubts, and new worlds will open to you.

  • A true capitalist doesn't have a job, because other people and other people's money work for them.

  • Life is better when people are working, happy, and spending money.

  • We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.

  • Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.

  • The rich continue to get rich the same way they always have - by understanding how money works and making their money work for them.

  • World War II broke out in 1939, and many people credit that war with saving the economy.

  • If you have faith in our leaders of commerce, don't buy gold. If you do not have faith in them, maybe you should buy gold or silver.

  • I have had a 'real' job for only four years of my life, which means I only collected a traditional paycheck for that very short period of time.

  • Intelligent people should learn from their experiences. With people on the street, the bad experience has beaten them.

  • Ken Lay, the disgraced former chairman of Enron, found a way to escape his legal problems: He died after being convicted of fraud and conspiracy charges.

  • The best way to predict the future is to study the past, or prognosticate.

  • People concerned about inflation today tend to buy big houses and nice cars.

  • History reminds us that dictators and despots arise during times of severe economic crisis.

  • Education is what you learn after you leave school.

  • I am pro-education. I'm just anti the system.

  • If you want to thrive in today's economy, you must challenge the status quo and get the financial education necessary to succeed.

  • There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.

  • I do know that throughout history, all paper money has eventually come back to its true value, which is zero.

  • My measure of success is whether I'm fulfilling my mission.

  • In my experience, many people confuse being cowardly with being nice.

  • If you must invest in paper, learn to be an options trader. Then you will know how to make money whether the markets are going up or down.

  • The rich don't work for money - the rich invent money.

  • Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?

  • The trained mind is a rich mind.

  • It's tough to negotiate from a position of weakness.

  • Managing your own property can be a full-time job.

  • If I lost my job, I'd get a job at McDonald's.

  • Trouble brews when we steal from the poor and give to the rich.

  • People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

  • As you know, low demand and high supply means a drop in value of anything, including the dollar.

  • If you've lost your spirit, even living in the richest country in the world can't help you become rich.

  • I'm a cash flow guy. If it doesn't make me money today, forget about it.

  • You can't take care of charity unless you take care of yourself first.

  • The more a person seeks security, the more that person gives up control over their life.

  • Many people aren't rich because they're liars.

  • Most people are happy being average. Most are happy being faceless in a sea of faces.

  • Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

  • Many people will have nothing at the end of their working lives.

  • The average age of the world's greatest civilizations from the beginning of history has been about 200 years.

  • Socialize' means we turn more of our personal powers over to Big Brother, not free enterprise.

  • It's human nature to blame someone else for your shortcomings or upsets.

  • As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved.

  • The environmentalists say capitalism is killing our oceans, air, land, and forests. Capitalists argue that they provide food, fuel, and building materials for a growing world.

  • At the height of the Enron mania, the company's market value was $65 billion. Once the dust cleared, the final value was $0.

  • The dollar has lost over 90 percent of its value since the Fed was created.

  • Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.

  • This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.

  • Generous people can become more generous as they become richer, giving away vast fortunes to worthwhile causes as Bill Gates and Warren Buffett are doing.

  • Giving a poor person money keeps them poor.

  • If you're going to be a winner in life, you have to constantly go beyond your best.

  • Sometimes the hardest thing to do is to trust your team. It's a lesson I've had to relearn quite a few times.

  • A game is like a mirror that allows you to look at yourself.

  • The richest people in the world look for and build networks; everyone else looks for work.

  • Money has a language of its own.

  • I worked for Xerox for 4 years and after that I knew I was never going to be a corporate person. It wasn't my environment.

  • The power of our thoughts may never be measured or appreciated, but it became obvious to me as a young boy that there was value and power in being aware of my thoughts and how I expressed myself.

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