Daily Reckoning feed

By Robert Kiyosaki This post The Secret to Retiring for Real… And Much Sooner than You Think appeared first on Daily Reckoning. The first lesson you’re taught when you get to Las Vegas is “the house always wins.” Every casino is rigged against the millions of tourists that visit Sin City by at least a […]

By Zach Scheidt This post The Time To Buy Is Now… Before The Rebound appeared first on Daily Reckoning. I bought a new car earlier this year… Well, actually it wasn’t new. It was new to me. I can’t justify paying crazy money for a car that just rolled off the assembly line floor. I

By Robert Kiyosaki This post The Baby-Boomer Crash No One Is Talking About appeared first on Daily Reckoning. Most financial advisors say you can’t predict the future. These experts claim you can’t pick a market’s top or bottom. And since you (or they) can’t predict the future, they advise that you just leave your money

By James Rickards This post The Trade War Will Get Worse appeared first on Daily Reckoning. Several years ago, I began warning my readers that a global trade war was likely in the wake of the currency wars. This forecast did not seem like a stretch. It would simply be a replay of the sequence

By Charles Hugh Smith This post The Global Financial System Is Unraveling, and No, the U.S. Is Not Immune appeared first on Daily Reckoning. The “recovery”/Bull Market is in its 10th year, and yet central banks are still tiptoeing around as if the tiniest misstep will cause the whole shebang to shatter: what are they

By Brian Maher This post How to Reform the Federal Reserve appeared first on Daily Reckoning. Earlier this summer the American Enterprise Institute hosted a forum. Its consecrated purpose: How to reform the Federal Reserve System. A meeting of technicians rather than reformers, a sense of “inside baseball” hung about the entire business. If held

By Robert Kiyosaki This post Rich Dad Scam #8: “You Need a Diverse Portfolio” appeared first on Daily Reckoning. This issue is the final in the Rich Dad Scams series—scams designed by the rich to keep you in your place. They are the “rules” you’re supposed to follow that will keep you locked as an

By Robert Kiyosaki This post Rich Dad Scam #7: “All Debt Is Bad” appeared first on Daily Reckoning. Today’s is the seventh issue in your series on Rich Dad Scams—lies perpetrated on the poor and middle class by the rich. If you’ve been following along, you may see some patterns in Rich Dad Scams. Several

By Zach Scheidt This post Thanks, Lazy CNBC… You Just Created A Buying Opportunity appeared first on Daily Reckoning. Geez… Yesterday in my office I had CNBC on in the background because I wanted to get a feel for the general tone the media was taking. At some point, I lost count of how many

By Robert Kiyosaki This post Rich Dad Scam #6: “Your House Is an Asset” appeared first on Daily Reckoning. It seems like every financial “expert” says, “Your house is your biggest asset.” When I wrote Rich Dad Poor Dad, I said that your house was a liability. I emphasized they’re expensive and don’t always go