Robert Kiyosaki: Worst Crash Of Our Lifetime Ahead, Here's What The Wealthy Are Doing Says Rich Dad from above average dad Watch Video

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⏲ Duration: 29 min 94 sec
✓ Published: 08-Jul-2022
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With inflation driving the costs of living higher, real wages falling behind and financial assets having one of their worst years ever so far, it's a tough time to build wealth right now.nnAnd it's likely to get even worse, says today's guest, Robert Kiysosaki, author of Rich Dad, Poor Dad, the #1 best selling personal finance book in history.nnRobert has just finished a new book, The Capitalist Manifesto, and joins us today to both warn us about more challenging times ahead and to inspire those

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With inflation driving the costs of living higher, real wages falling behind and financial assets having one of their worst years ever so far, it's a tough time to build wealth right now.nnAnd it's likely to get even worse, says today's guest, Robert Kiysosaki, author of Rich Dad, Poor Dad, the #1 best selling personal finance book in history.nnRobert has just finished a new book, The Capitalist Manifesto, and joins us today to both warn us about more challenging times ahead and to inspire those
⏲ 29 min 94 sec ✓ 08-Jul-2022
Sarah Marshall looks at the case of Brandon Varley.<br/>A beloved dad-of-three was killed in a horror crash caused by a teen driver who, whileattempting to escape police, ignored a give way sign and collided with another vehicle. <br/><br/>Despite never holding a full driving licence, Brandon Varley was disqualified from driving just two days before the fatal collision on Brierley Road, Grimethorpe, Barnsley.
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Research from the University of Lausanne reveals that Lake Geneva's water temperature is increasing at a rate four to five times faster than that of the oceans. This unprecedented warming trend has pushed the average temperature of the lake's waters to 13.6 degrees Celsius throughout the year.
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Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.<br/><br/>In his annual report, Warren Buffett calculates that the average yearly gain in market value from his acquisition of Berkshire in 1965 through the end of 2022 was 19.8%, compared with 9.9% for the S&P 500 — an astounding difference, matched by no one of whom I’m aware. And Berkshire beat the market in two-thirds of the years.
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The National Park Service says this year's cherry blossom peak will come before March 26, well ahead of the historical average.
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Welcome to The Market Breakdown where we cover the hottest stories and latest trends, with your hosts, Zunaid Suleman and Aaron Bry. <br/><br/>Check out www.benzinga.com for complete coverage along with all the latest financial news and data!<br/><br/>EPISODE 1:<br/>- Bitcoin ripping to an all time high, where will Bitcoin go from here?<br/>- Jeff Bezos Briefly Overtakes Elon Musk As U.S.’ Richest Person.<br/>- Mark Zuckerberg lost an estimated $100 million from Tuesdaymorning's worldwide Facebook, Instagram, and Whatsapp outage.<br/>- New York Community Bancorp Got 'Much-Needed Lifeline,' But Deal 'Tremendously' Hurts Shareholders<br/>- Jim Cramer sounds the alarm bell after Apple's poor iPhone sales in <br/>- China, with the stock down 8% this year to date.<br/>- The Biden administration slashes credit card late fees to $8, down from $32 on average.<br/>- Palantir Surges Above Buy Point After Winning U.S. Army Contract For Project TITAN.
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The Consumer Financial Protection Bureau finalized a rule to cut the typical credit card late fee from $32 to $8, saving American families around $10 billion per year in late fees. The rule closes a loophole that has allowed issuers to increase late fees based on inflation. Biden touted the rule's savings of an average of $220 annually for over 45 million Americans who pay late fees. Industry groups oppose the rule, arguing it could force them to raise interest rates charged to consumers. Biden highlighted this rule as part of efforts to lower everyday costs for Americans ahead of the election.
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Bitcoin reached a new all-time high price above $69,000 on Tuesday, about two months after the launch of ten spot bitcoin ETFs in the US. Experts said the new all-time high would have still happened without the ETFs, but the ETF flows have likely accelerated this price cycle. One expert estimated Bitcoin would not have reached a new ATH so soon without the ETF tailwind. The ETFs have accumulated over 163,000 bitcoins since launching in January despite Grayscale's outflows.
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