Warning signals that bubbles are bursting

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 21 July 2021

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

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Summary

The average investor doesn’t understand the fundamentals of the markets, and so they buy because the market is going up…and everyone else is doing it. Today’s guest says the average investor is blinded by market euphoria.
Bert Dohmen, the publisher of the Wellington Letter, says, “There was $8 to $10 trillion of new artificial money being pumped into the system,” and now, in the reverse repo market the Fed is pulling out liquidy from the major banks.
Additionally, Dohmen suggests which markets you should be watching as signals for a crash.
Hosts Robert and Kim Kiyosaki and guest Bert Dohmen discuss the warnings signals that bubbles will be bursting and how you can avoid getting caught in one of the biggest crashes in history.
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Transcript

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0:00.0	Don't Be Like Charlie.
0:03.0	Charlie is that do it yourself or who does himself in.
0:06.6	Do it yourself is good for tile and grout.
0:09.2	It is not good for asset protection.
0:11.8	Charlie thought he'd save a few dollars forming his LLC online.
0:15.8	With no guidance, he did it wrong.
0:18.0	When he sold the property, he lost thousands and thousands of dollars.
0:21.8	He did himself in by trying to do it himself.
0:24.9	Don't burn yourself.
0:26.5	His corporate direct to set up and maintain your LLCs and corporations.
0:31.3	Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.
0:36.4	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
0:41.0	He is Robert Kiyosaki's attorney for asset protection.
0:44.4	He and his team will do it right.
0:46.6	Visit them at corporatedirect.com or call 800-600-1760.
0:52.1	Get your license and go to the cashier's website at corporatedirect.com.
1:00.2	Because study is better with play.
1:02.8	Samsung Galaxy TAB S7 FE.
1:05.0	Ready to make the most of your school year?
1:07.1	The alter-large screen gets you closer to the action, whether you're studying, streaming
1:10.8	or gaming.
1:11.8	Seemless sinking lets you hand off calls, videos, files, and more to other galaxy devices.
	...

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