Rich Dad Poor Dad by Robert Kiyosaki - Book Summary (Animated) |
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In 2021 the top 0.01% richest individuals, now holds 11% of the world’s wealth. To give you a clue, this only consist of an estimated 520,000 thousand individuals in comparison to the 7.9 billion population of the world. And at the same time, the top 1% grabbed 38% of the total accumulated wealth since the mid 1990’s, while the bottom 50 just captured 2%.
Why the big difference in numbers? Should we blame the rich for hoarding all the money? Well, this book by Robert Kiyosaki (Rich Dad Poor Dad) explains to us the difference between the mindset of the rich and the poor. Why the rich are getting richer, and the poor poorer. How the simplicity of understanding the basic of finance has led to this drastic difference. The Compound Effect - https://youtu.be/eQX2ZDwOpQE The Richest Man In Babylon - https://youtu.be/P_jo10QhKK0 DISCLAIMER: InvestingPH is not a financial advisor. The content in this YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. InvestingPH is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video. Always remember to do your own research! #RichDadPoorDad #Finance #AnimatedBookSummary |