View the web version of this email | Community News - November | |
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| Rich Dad Entrepreneur: Josh Lannon | | From addiction to prosperity, with a little Rich Dad help along the way Before Joshua Lannon was a Social Entrepreneur and Founder and CEO of Journey Healing Centers, he suffered from alcohol addiction. When his marriage, his future, and his life were on the line, he made the choice to seek help. Then he and his wife Lisa discovered Rich Dad – and things really got interesting! Read Josh's Story |
| The Rise and Fall of American Democracy Robert's Latest Yahoo!Finance article Alexander Tytler (1747-1813) was a Scottish-born English lawyer and historian. Reportedly, Tytler was critical of democracies, pointing to the history of democracies such as Athens and its flaws, cycles, and ultimate failures. Although the authenticity of his following quote is often disputed, the words have eerie relevance today: A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. Read the full article |
| Update: An Unfair Advantage Robert's soon to be released book, An Unfair Advantage, explains why the rich get richer, paying less in taxes, while the middle class shrinks, many losing jobs, homes, and retirement and are paying more in taxes. This book is about how debt and taxes make the rich richer…and why debt and taxes makes the poor and middle class struggle. Learn about these five unfair advantages and get a real financial education. 1. The Unfair Advantage of Knowledge 2. The Unfair Advantage of Taxes 3. The Unfair Advantage of Debt 4. The Unfair Advantage of Risk 5. The Unfair Advantage of Compensation | Once you have read and understand the five unfair advantages, you will know why the rich get very rich, even in a financial crisis, and how you can too. | Robert's Latest Blog Posts Who Is Profiting From This Downturn? As you may have heard, most companies are posting near-record high profits. Yet, unemployment is still at an all-time high and some companies are even laying off workers despite these record profits. Why? Read the full post. | | | Learning How to Fall We've just experienced the biggest recession in US history, the largest downturn since the Great Depression. The root cause of the downturn was irrational exuberance--people buying up liabilities even as the pricing was making no sense. This created bubbles and eventually they popped. And while there was significant fallout, the reality is that the government has caught us before we truly crashed. Read the full post. | | The Recession is Over? This morning I opened up my Wall Street Journal to find out the recession is over. The National Bureau of Economic Research's (NBER) Business Cycle Dating Committee, the group that officially declares the beginning and end of each recession, declared it so. My question is this: For whom is the recession over? It certainly isn't over for the average American. Read the full post. | | "Ask Robert" September There were many questions asking me to speak on gold and silver given the latest pricing, wondering whether it's worth jumping in today. One question that stood out to me was E'sha Addy's, because the answer to why I invest in gold and silver is actually found in E'Sha's question. "Where can I park my cash reserves until they are needed. I understand that just having my money in the saving accounts is losing me money with inflation. I don't understand ETF's, but I know you park money there. What do you suggest I do?" Read the full post. | | The Root of the Problem My rich dad said, "Many people want to quickly identify problems in their life and then cut them down. The problem is that, like a weed, they never dig up the root. So, later the same problem comes up. In life and in money, you must understand the root of your problems." Read the full post. | |
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