03:20:2019 Rich Dad Poor Dad-Hard Asset Investment Options-FAVORITE

True Wealth Radio

03/20/2019-Rich Dad Poor Dad-Hard Asset Investment Options

There was a book written and titled “Rich Dad Poor Dad” by a man named Richard Kiyosaki which I read a very long time ago. Most people don’t realize that Richard Kiyosaki’s primary income is generated from his high portion in the multi-level marketing program known as Amway. What makes him unique is he draws people in based on a desire for financial success and independence and offers a number of alternative investment options and vehicles although his real love is hard assets. This seems logical to me since his primary income was originally derived from people, which is Gods only creation that creates wealth.

In the bible, the only assets considered as true wealth are the SECTORS OF Gold, Silver, Livestock, Real Estate, Human Life & Precious stones. Remember these are sectors. For example, Gold & Silver encompasses the entire precious metals based asset category including rare coins, semi-numismatic items such as circulated silver dollars and pre-1933 US Gold coins and so on. Any, and every great investment portfolio has a nice balance of Precious Metals Based Assets at its core including Bullion Products as its primary foundation(Items of gold & silver-typically coins minted by respected world governments-US Preferred), complemented by “semi-numismatic coins” which consist of items that currently trade inordinately close to their precious metals value but have a notable level of rarity and/or a history of of aggressive growth performance but are currently value based due to the “investment consumer” being mis-focus and mis-guidance of “so-called” investors who are swooning to pile their money into the fiat(fake, deceptive and valued strictly b the decree of world Central Banks that control all paper money and equities markets based on the coercion and deception of their “investment advisors” or “financial planners” or “brokers” whose job is to simply offer alternatives for parking your money. The final critical piece to a solid precious metals based portfolio is the addition of widely recognized & desired numismatic coins whose value is driven strictly by supply and demand. Without much expounding upon these “numismatic coins”, it is critical to keep in mind that these coins have lead the longest bull market since financial markets have been recorded by growing as much as 30,000% since the deregulation of gold in 1973. The human desire to be liked and fit in also lands a great influence to their destructive habit of following unknowledgeable friends who are simply repeating the same information offered by these financial “experts”. We all want to fit in. In a 2018 study, over 90% of “investors either exaggerated, lied or did not understand that they were losing money while publicized indexes appeared to be increasing in value. The loss ratios on paper investments is astounding and the greatest deception of all is to determine a markets health by its Index performance(Dow, S&P 500 & NASDAQ) which continuously remove and replace poor performing stocks while applying weighted moving averages to create the false illusion of growth and/or financial stability. Simply put, every equities(paper based) market in history has not only experienced devastating volatility, but 100% end in a total collapse, bar none. Every one of these fiat based markets or “investment vehicles” are imminently guaranteed to fail as they always have. There is nothing new under the sun. The only assets that have lasted consistently from the beginning of written human history have been those biblically endorsed assets mentioned above. Precious metals have served as money and True Wealth from the absolute beginning of written human history beginning in Genesis Chapter 2 of the bible where God tells man where to obtain Gold then proceeds to describe gold with the Hebrew word “Towb” or “Tove” which is the word for the greatest of goods, used by God to describe His creation. The ideal precious metals based asset portfolio is made up of a strong bullion base, topped with a substantial portion of “semi-numismatic items” such as old US Coins whose value is affected by both the precious metals and supply & demand pressures of the numismatic markets. These items have always grown at varying paces and have never lost their value by becoming worthless as literally millions of stocks, bonds and equities have. The largest and most respected companies in every industry and sector have surprisingly collapsed in as little as minutes to a few short days. God labelled precious metals as money and history has proven this to be correct. Biblically, God has stated His favor for these, He has deeded them to His chosen people, He has used them to design the Ark of the covenant and Solomon's temple(Solomon accumulated more gold in one location than anyone before or since), Gold was the first gift given to Christ-Gods only begotten son and our messiah and God has mad it clear that heaven will be filled with Gold, Silver and precious stones in all places. The bible mentions people casting their gold & silver in the streets on the day of Gods wrath because they cannot buy salvation. Only God can provide eternal security-worldly riches cannot.