Finance

THIS Is One of the WORST Investments In America – [Rich Dad StockCast]

this-is-one-of-the-worst-investments-in-america-rich-dad-stockcast



The Biggest Can Sometimes Be the Worst

One of the biggest investments in America and in the world is one of the worst investments in America and the world. We are talking about a 4.3 trillion dollar investment! 56% of Americans are in this investment and 2/3 of those in the investment are under the age of 40. We are talking about the 401(k)!

But there is good news about this terrible investment! Our own Andy Tanner, Rich Dad Stock Advisor, has tips to help you manage your 401(k) and help you make the decisions that can take some of the bitterness out of your 401(k).
Got a 401(k)? Don’t miss this. Are you an employee? Then sooner or later you may get a 401(k). Listen to this episode so you set it up correctly and make it the best it can be.

If you’d like to take a stock class from Andy or watch one of his FREE training click here to learn from the same man Robert learns from https://thecashflowacademy.com/rd-stockcast/

Andy Tanner’s FREE book: https://richdad.clickfunnels.com/squeeze-page8783341

https://www.richdad.com/

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Robert Dunfee

47 Comments

  1. Just Chilling
    July 20, 2021 at 8:16 pm

    They love to keep you stuck in a mortgage too. They love to have you bow down to the Fico score. High score but low cash. Remember 2008.

  2. Just Chilling
    July 20, 2021 at 8:16 pm

    Good stuff Mr. Tanner!

  3. Just Chilling
    July 20, 2021 at 8:16 pm

    What about a ROTH?

  4. Jarred Sawczyszyn
    July 20, 2021 at 8:16 pm

    So…ive been going through these Stock interviews with you guys and Im looking for the Video where Tanner mentions teaching his kid about options… i cant find that one, you happen to know what video it is?

  5. Nero Nguyen, CFA
    July 20, 2021 at 8:16 pm

    Berkshire does not pay a dividend. But yes I agree, owning some shares of Berkshire has been pretty great the past few decades.

  6. jeremy ervine
    July 20, 2021 at 8:16 pm

    Are there any rich dad accountants in western Australia?

  7. A Dollar Investing
    July 20, 2021 at 8:16 pm

    Investing in crypto have greatly healed me.honestly an investment of $3000 profited me $15,400 in three weeks,I regret not knowing him earlier

  8. Steven Kimberly
    July 20, 2021 at 8:16 pm

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  9. Jonnes __
    July 20, 2021 at 8:16 pm

    🐱‍👤 The bankers ALWAYS win by fees!
    At the end of the long cycle (we are in the 4th turning) there are so many poor people and a few VERY rich people.
    I buy copper.
    .

  10. Arthur Charlie
    July 20, 2021 at 8:16 pm

    I started trading on my own but I sincerely lost alot.. I started trading bitcoin few weeks back under Max and I must say I earn over 12000usd in 14days 😊. I regret wasting my money without his guidance. 🤟

  11. Nomad Capitalist
    July 20, 2021 at 8:16 pm

    Overall, is hard to find one of the energy companies that looks most likely to survive the current crisis. However, the recovery time frame does not look that certain. With an attractive yield, it pays to wait for the stock/crypto to recover. For those who can stomach short-term volatility, stock/crypto surely looks a buy.
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  12. Christian Paisse
    July 20, 2021 at 8:16 pm

    Of course you can sue the goverment . they are using unlawful currency that is not backed by gold or silver. if we follow your U.S. constitution that is the law of the land .The federal act is not lawful it is a legal act. admiral law that is under the LAW of the LAND, you're approching this the wrong way.

  13. Crypto fiend
    July 20, 2021 at 8:16 pm

    Exactly the stock is to diversified your investment don’t panic when everyone else is and invest consistently my portfolio survive downturns Nd thrive during update cycles risks in the enemy of the smaller investor A significant commitment combined with the decrease risk tolerance of investing on the guidance of a professional in this current bloodbath market ultimately that’s the secret of getting rich since the pass 2 months I’ve made from over $370,000 profit using a capital of $1250,00.

  14. Money Mavericks TV
    July 20, 2021 at 8:16 pm

    Great video. learned alot. Wall street backs the Gov and the Gov backs Wall street. The working class gets killed slowly and ends up with nothing.

  15. A C
    July 20, 2021 at 8:16 pm

    Great show! It’s ALWAYS awesome hearing from Andy! Thank you

  16. Phat Vegan
    July 20, 2021 at 8:16 pm

    Prudential Financial put out a commercial that did not include the fees and the domino effect representing compounding interest. But again they forgot to take out their fees

    If the truth was known by the average individual. They sell everything in Crash the stock market.

  17. Phat Vegan
    July 20, 2021 at 8:16 pm

    The US Federal Reserve is part of the Gold and Silver manipulation

  18. Phat Vegan
    July 20, 2021 at 8:16 pm

    Silver, Gold, copper and Led, lots of Led!
    This is the best way to go.

  19. MEck
    July 20, 2021 at 8:16 pm

    Cashed out about 50% 3 weeks ago and started buying bullion (a bit late 😩 but still a better late than never for this 60 yr old)

  20. Joseph G.
    July 20, 2021 at 8:16 pm

    So how do I learn to invest?

  21. Timothy Jones
    July 20, 2021 at 8:16 pm

    So my job forces us to take 3% from pay checks to 401ks. I have van guard what does anyone recommend?

  22. Joyce Koch
    July 20, 2021 at 8:16 pm

    Not all company 401k funds are bad anymore – my fund offers both precious metals fund and ultra bear funds
    and inflation funds. Ditch your 401k only if it doesn't offer a bear market fund.

  23. Bridge Boys
    July 20, 2021 at 8:16 pm

    Can Andy Tanner give us a tour of his book shelf?

  24. Christi Bowe
    July 20, 2021 at 8:16 pm

    We should be careful not to conflate mutual funds and a 401k. You can buy more than mutual funds within a 401k and you can buy mutual funds outside of a 401k. If you do have a 401k, investigate all of your options, eg. I can buy & sell equities just like any brokerage account within my 401k with Fidelity. Why pass on employer match and tax shelter that the 401k provides? You might sleep better at night owning something like PHYS (Sprott Physical Gold ETF) within a ROTH 401k. Don't have to worry about capital gains taxes, losing your capital in a lawsuit, or getting it stolen.

  25. Saddam Ahmed
    July 20, 2021 at 8:16 pm

    thank you very much sir for this video

  26. Hummel Edits
    July 20, 2021 at 8:16 pm

    I agree people need to take responsibility and become more financially aware, but let’s face it there’s always going to be that large majority that can’t pick stocks and invest for themselves with confidence. Therefor mutual funds are there as an option for those people and as far as cost/fees goes Vanguard is the lowest. They’re also owned by the investors (not publicly traded) so to say that’s going to Wall Street is false. Other companies however should be called out for churning and profit taking. Also, what he said about your 401k could be worthless, that has no merit, how is that even possible? Would like to hear

  27. Felipe Granados
    July 20, 2021 at 8:16 pm

    Hey Andy do you think it's better to use a HSA (Health Savings Account) rather than a 401K to invest? I read about how HSA have almost no taxes. But the only thing about it is that your are doing the investing, but you are able to invest in various things not only in just stocks and real estate. Also, i read about how an HSA after a certain age it can be cashed out tax free.

  28. CoinCasso
    July 20, 2021 at 8:16 pm

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  29. Trench
    July 20, 2021 at 8:16 pm

    grow your own garden. learn to spend less, invest in companies that wont go bust but that is even a gamble.
    rental income is not as good since many have it and tenants are now showing up since over time a #1 neighborhood can turn into a bad place to live as well. This everyone buy rental income does not work for everyone and to push that mentality is just being a dog eat dog which makes things worse.

  30. Black Beard
    July 20, 2021 at 8:16 pm

    Mike Milken helps me invest my money 💰📈🚀💰💰💰🍺🍻🎊🎇🎉🎈

  31. George Welden
    July 20, 2021 at 8:16 pm

    What about Mutual Funds? Should we be in those? What kind of fees are involved with these?

  32. Adam Macias
    July 20, 2021 at 8:16 pm

    Another episode of pure fire! The more I've studied this idea of retirement, the more I see why so many tolerate jobs they hate and seem depressed about life. I'm so happy and grateful I've never bought into the idea of a pension, 401K or retiring at 65. I know so many just clinging on for the next 10 years crossing their fingers for retirement. They're 50-60 years old and ALL they talk about is waiting for retirement. It's a sad reality.

  33. Pammy Rogers
    July 20, 2021 at 8:16 pm

    Don’t forget that if you have to go to a nursing home during your retirement years, you have to private pay $6,000 to $8,000 a month until it’s gone. Then Medicaid kicks in when you have nothing left. Forget about turning your assets over to your children because that is illegal, unless you do it 7 years before you go to the nursing home. Who knows 7 years ahead that will happen?

  34. mary chang
    July 20, 2021 at 8:16 pm

    looks like not only do you have to pay uncle sam but alos wall street. what a racket

  35. Trendy Vibes
    July 20, 2021 at 8:16 pm

    Another great video! I need to add this in my upcoming VIDS. 😉

  36. That Martini Guy
    July 20, 2021 at 8:16 pm

    Which is a better investment cryptocurrency or stock ?

  37. Paul Seery
    July 20, 2021 at 8:16 pm

    Thank You !!!! GREAT INFO !!!!
    even after watching the "Big Short"…i still want to trust Wall Street…

    How sick is that!!!!!?
    I am better prepared now!!!!

  38. Derek Rivera
    July 20, 2021 at 8:16 pm

    Beautiful! Beautiful video, content and research done.
    Godbless you guys and your families.

  39. Ricci Lee
    July 20, 2021 at 8:16 pm

    Good content but I wish the interviewee would talk faster – I'm nodding off.

  40. Tezni Lari
    July 20, 2021 at 8:16 pm

    I had interest in investing in forex and crypto but was discouraged by friends and family members I was ignorant though.

  41. Acesiz Official
    July 20, 2021 at 8:16 pm

    💪🏽🇬🇧

  42. Matta
    July 20, 2021 at 8:16 pm

    You guys could've easily spent another 45 minutes talking about what to invest in instead of making people wait another week. Market will probably crash on Monday.. but oh well

  43. JamK K
    July 20, 2021 at 8:16 pm

    BRK does not pay a dividend. In video it is mentioned that it does at 32:00.

  44. Tamar Mcginnis
    July 20, 2021 at 8:16 pm

    Fees are not disclosed to the employee with the 401K. So I assumed I am not paying any fees

  45. Tamar Mcginnis
    July 20, 2021 at 8:16 pm

    How do I get out of my 401K? Where should I go?

  46. Tamar Mcginnis
    July 20, 2021 at 8:16 pm

    Right my 401k did nothing much over 30 years. Why didnt my 401k have Apple, Amazon, Google, Mircrosoft ect Why aren't I a millionaire

  47. Jade Crypto
    July 20, 2021 at 8:16 pm

    Gold, silver, birthday