Robert Kiyosaki: Predicting the Future of Money, Jobs, and Real Estate in 2024!
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 3 January 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
Ken & Danille McElroy talk with Robert Kiyosaki about the economic outlook for 2024, highlighting the potential impacts of artificial intelligence on job security and the risks associated with traditional financial systems like bonds and stocks. Kiyosaki emphasizes the importance of alternative income sources and the dangers of relying on outdated financial advice in these rapidly changing times.
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
| 0:07.8 | real estate with the industry's biggest movers and shakers. |
| 0:11.2 | I'm your host, Ken McElroy, joined by my co-host, DeNeil. |
| 0:15.4 | Let's get right into this episode. |
| 0:17.2 | We are excited to have Robert Kiyosaki. |
| 0:19.9 | Most of you guys know him as the author of Rich |
| 0:22.5 | Dad or Dad, one of the best business books of all time. Robert, great to see you. Well, it's great to |
| 0:30.1 | see you. We're talking just before the show started. I'm in Warren Buffett's room. |
| 0:34.8 | You are? Hopefully the vibes will rub off on me. |
| 0:38.8 | I'm in South Carolina on a private island called Bray's Island. |
| 0:44.5 | Let's, so obviously we're going to talk about, you know, what do you, what's your crystal ball for 2024? |
| 0:51.6 | I know you study a lot, boy, at any given time, you've got 10 to 20 books you're reading |
| 0:56.6 | and you're constantly on the internet looking and watching and studying. |
| 1:01.4 | And, you know, what's your crystal ball for 2024? |
| 1:04.7 | Well, a lot depends, as you know, Kenny, how old you are today. |
| 1:09.1 | Because if you're my generation, I'm a lot of older than Kenny. |
| 1:13.7 | The baby boom generation has to watch out because I think the S&P is going to crash. |
| 1:19.2 | And, you know, they called it the magnificent seven, what Bitcoin, I mean, I don't play stock |
| 1:25.9 | markets. So it's about to go. |
| 1:28.6 | So the boomer generation's in serious trouble. |
| 1:32.3 | And that the median generation, they have to worry about the boomers retiring. |
| 1:38.0 | You know, mommy and daddy are going to move in with you. |
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