Robert Kiyosaki : earned income is the most highly-taxed income

Robert Kiyosaki : .... which is the worst type of income? When you say to a child go to school and get a job, have a 401K, that's earned income. The problem with earned income, it's the most highly-taxed income there is. Then there's portfolio income, and portfolio income is oftentimes called capital gains income. So I buy a stock at 5 and it goes to 10 and I sell it, then I have portfolio income, and I pay approximately 15% on that. But if I have passive income--passive income is generally from things like patents or in my case intellectual property from books and from real estate, passive income, if you know what you're doing, you can pay zero taxes. So earned income is taxed at approximately 40%, portfolio income is taxed at 15%, but passive income is taxed at 0%, if you're smart. So that's what I say to people. I'm not into tax evasion, but I want to do my best to work, earn as much money as possible, and pay the least taxes possible legally. But if you say to a child, go to school, get a job, and get a 401K, they're basically a tax mule for the federal government."



Alot of people still stuck on the old ways of thinking and ignore the cashflow quadrant. Truth is...the days of going to school and getting that good job are over. Trust me, you can always be replaced and your boss will kick you to the curb if it saves his business money no matter how educated you are. Robert knows what he is talking about and he does rock.

Silver will Outperform Gold , even Jim Cramer agrees

Silver is 4 - 5 times rarer than Gold.It is vanishing fast - due to industrial uses and is too cheap to recycle.In the not too distant future it will be more expensive than Gold.Get some now while they are giving it away....
It will be like buying 25 Van Gogh paintings for nothing - when he was alive.Silver is a tremendous long term investment. but watch out Jim Cramer is promoting ETF SLV , this blog is instead promoting Physical silver that you own and you touch with your own hands , anything that is printed on a paper is practically worth the paper it is printed on

John Embry Mike Maloney, and David Morgan on investing in physical gold and silver

I don't know how long the dollar will last for. But I rather jump out of a boat before it sinks than sit around to see how things turn out.Silver & Gold is your lifeboat.


Diversify with Physical Gold and Silver - BIGGEST INVESTMENT EVER : Silver and gold do not go up. The value of the dollar goes down. Silver doesn't appreciate. It does not produce cash flows. Gold is money. It is not an investment. It is wealth preservation. You can trade an ounce of sliver for the same amount of goods as you could in 1913. The silver to oil or silver to bag of potatoes ratio should never change. Silver and gold are just money. There are arbitrage opportunities at times, but in the long run silver and gold are simply money.Silver is by far a better investment. Look at the numbers of silver over the years. It has outperformed gold and it is still a bargain even at $35.00. Imagine it going to $50.00. or $100.00 Bill gates has 30% of his assets in silver. Maybe he knew something that we did not.buying gold and having the ability to hold it in your hand is better than receiving a piece of paper stating how much you own. Because that piece of paper with that statment is no different than having the dollar bill in your wallet, paper may have a statement (IOU wise) but gold is GOLD.If you are going to buy gold you are better off buying actual gold that you can touch. Not a piece of paper or a certificate - thats just an iou in my opinion. If your going to keep an iou - you may as well hold dollars.There are gold dealers all over. look up the yellow pages