Reality is a Meme? Rich Dad Author Has a $1.2B Debt
Someone says reality is a meme. The most incredible things are always happening, and unrelated events leave people utterly astonished.
Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' a renowned finance expert, recently reveales he has over $1.2 billion in debt.
A wallstreetbet user commented that:
$0 Debt - Poor, homeless
$300k Debt - Middle class with mortgage loans
$1.2 Billion Debt - Extremely wealthy
$30 Trillion Debt - Wealthiest country in Earth’s History
The new US election result also surprises investors.
Shares of $Digital World Acquisition Corp(DWAC)$ rose over 20% following Trump's victory in the first Republican contest in Iowa for 2024 presidential race.
On the other hand, China stocks plunged on Trump’s win.
Do you agree that reality is a meme?
Are you a “poor” based on the above standard?
Leave your comments and also post to win tiger coins~~~
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🌟🌟🌟There is a saying by Mark Twain "Truth is stranger than Fiction, but it is because Fiction is obliged to stick to possibilities, Truth isn't. "
I wonder why would Robert Kiosaki of Rich Dad Poor Dad's fame reveal that he has USD 1.2 billion in debt? That is a massive amount. The reality is he wants the world to know that he is making use of other people's money to make more money.
There is good debt and bad debt. Good debt is like a bank loan on a house which can appreciate in value over time. A bad debt is like buying a car which is a depreciating asset that does not increase in value over time.
But his statement "because if I go bust, the bank goes bust". That sounds like a very irresponsible statement. But the reality is in life we have to take risk for everything we do. When we invest in the stock market we take a risk that the stocks can go bust but more likely than not, if we make right choices, they will continue to grow exponentially with themagic of compounding.
Reality is a meme because what we perceive as fiction maybe a reality after all. Different people have different perceptions and that's why the world is such an amazing place.
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these so call "guru" giving financial advice is having such a huge debts... [OMG] [OMG] [OMG] is this some kind of rich people thing where it's a norm to have huge debts [Thinking] [Thinking] [Thinking]
makes me think twice if this is the definition of being rich...
cuz i ain't gonna have this kinda debts... [What] [What] [What]
When u buy stock, the stock price drop. When u sell stock, the stock price goes up.
Everyday, people raid for money. At the end of their life, they cannot take the money to their next life.
This is so hilarious!
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著名金融專家、《富爸爸，窮爸爸》一書的作者羅伯特·清崎（Robert Kiyosaki）最近透露，他的債務超過12億美元。