News about Robert Kiyosaki

Money-savvy teen who bought stocks aged 14 and now drives a Tesla offers her best advice tips to start investing - and reveals how she manages risk

www.dailymail.co.uk, April 8, 2024
After receiving nearly six figures from buying and selling stocks such as Amazon and Tesla, a high school junior is encouraging others to invest. Sophia Castiblanco, now 17, began earning money on social media at just 14 years old, mainly by creating lifestyle content. Although she still makes the bulk of her money through brand placements and ad sales on YouTube, she has raked in tens of thousands of dollars in terms of buying and selling stocks. Castiblanco is now on social media to show other teenagers how to invest. In a TikTok clip, she says, 'Just start small and do your research, and remember that if I can do it, so will you.'

During a Australian tour, Robert Kiyosaki: Rich Dad Poor Dad author makes a tense remark: 'You can't say that.'

www.dailymail.co.uk, April 4, 2024
Robert Kiyosaki has been slammed for a quip he made on stage during his Australian speaking tour. On March 14, the Randwick Racecourse crowd in Sydney erupted, with one woman screaming: 'Oh my god,' he said. You can't say that.' Kiyosaki'berated' and 'humiliated' women who appeared on stage to ask him questions, according to supporters of the best-selling personal finance author, who paid up to $1000 for a ticket.

Customers in Australia are now tens of thousands of dollars out of pocket for activities that were postponed more than four years ago, according to motivational speaker Tony Robbins

www.dailymail.co.uk, March 17, 2024
Success Resources Australia, the booking agent for speakers including Virgin founder Richard Branson and Rich Dad author Robert Kiyosaki, owes $300,00 to thousands of Robbins' followers. On several occasions, the company has stated that it would refund tickets to the self-help guru's shows that were postponed during the Covid-19 pandemic, but it has since gone silent. Frustrated ticket-holders have tried all avenues to recover their money, but their pleas have fell on deaf ears, with some saying that refunds will only be given if they promise to sign non-disclosure agreements. Robbins' three followers were still owed almost $10,000 each, according to Daily Mail Australia.

Millionaire benefactor pulls $400,000 funding from ASU citing 'left-wing hostility and activism'

www.dailymail.co.uk, July 14, 2023
After the college fired a staff member who hosted two conservative talks, including one by Charlie Kirk and Dennis Prager, a millionaire benefactor decided to withdraw almost half a million dollars from Arizona State University. T.W. founder and CEO Tom Lewis, a Scottsdale-based T.W. Lewis Co. has contributed millions of dollars to Arizona State University over the past 20 years, but those days are behind him. Lewis drew his support in recent weeks, blaming "left-wing hostility and activism" as well as a visceral reaction to the February event starring Kirk, Prager, and author Robert Kiyosaki. 'I had no confidence in Barrett to adhere to the terms of our donation and decided to cancel our contract,' Lewis wrote in a news release, "after seeing this level of left-wing hostility and activism, I no longer had any confidence in him and decided to terminate our deal effective June 30, 2023.' "I regret that this decision was necessary, and I'm hoping that Barrett and ASU will take strenuous steps to ensure that free expression will always be protected and that all voices are heard." Lewis suspected the school of attacking the speakers because of their conservative convictions. 'We hoped there would be some resistance because these were mainly conservative speakers, but Lewis was shocked and disgusted by the Barrett faculty and administration's outright hostility against these speakers.'

Scott Pape, a Barefoot entrepreneur, explains how to save yourself from bank failure

www.dailymail.co.uk, March 21, 2023
In the off-chance that major banks collapsed, the financial investment guru (inset) maintained that there was a safe way for residents to shield their funds. It comes after Jenny, a concerned resident of Jenny, wrote to Mr Pape asking how safe her money (left) was really was. Her doubts about the country's banks' stability stemmed from the failure of Silicon Valley Bank (right) and Signature Bank in the United States over the past two weeks.

After Credit Suisse's shares plunged 24 percent, the Australian share market plunged by 23%

www.dailymail.co.uk, March 16, 2023
Credit Suisse's shares fell 26%, sending the Australian stock market to plummet as financial markets become more concerned about a revival of the Global Financial Crisis. Financial markets were concerned about a repeat of the Global Financial Crisis in 2008, when banks stopped lending to each other, sparking a liquidity or credit crunch, according to Saxo market strategist Jessica Amir. We suspect it might be, but it's just generating reports of a potential Lehman Brothers moment,' she told Daily Mail Australia.

Credit Suisse's shares dropped to a new low as it warns of'material defects.'

www.dailymail.co.uk, March 14, 2023
The alarm was raised yesterday as the banking behemoth, led by chief Ulrich Koerne (pictured) was caught up in a global sell-off of bank stocks. Following the failure of Silicon Valley Bank (SVB) in the United States, the biggest such failure since the 2008 crisis, the disclosure rattled investors who were still worried about Credit Suisse's prospects.

Why the failure of the Silicon Valley Bank might have an effect in Australia

www.dailymail.co.uk, March 14, 2023
The demise of Silicon Valley Bank in California is being compared to Lehman Brothers' demise in 2008. Martin North, a digital finance analytics specialist who has worked in banking in the United Kingdom and Australia, said that the contagion effects of poor bank investments in the United States would be felt in Australia. 'We are not isolated from this,' he told Daily Mail Australia. "It's too soon,' in my opinion, to determine whether this is really just a little splash and nothing else, or if it is more obvious, or even the early tremors of something much more significant.' The Australian share market plummeted on Tuesday, and the futures market is now expecting the Reserve Bank of Australia not to stop raising interest rates.

Credit Suisse will be the next bank failure, according to an American who tipped Lehman Brothers

www.dailymail.co.uk, March 14, 2023
Following the failure of Silicon Valley Bank and Signature Bank, Robert Kiyosaki, author of Rich Dad Poor Dad, made the gloomy forecast as markets plummeted on Friday and Signature Bank on Sunday. Experts predict that the tremors would not trigger a new global banking crisis like the one in 2008, but that it would lead to a new credit crunch, making it more difficult and costly for consumers and businesses to borrow cash as banks continue to reduce risks. 'The bond market is the issue, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse,' he said, because the bond market is crashing.' But the bank vehemently denied the allegations that it is under threat, with CEO Ulrich Koerner announcing today that the world's seventh largest investment bank, headquartered in Zurich, is still under higher scrutiny in Switzerland than SVB and other American banks. The senior source said, "We are cautiously protected against any interest rate risks." After the second and third biggest bank failures in US history spooked investors around the globe, the FTSE 100 is down today this morning. On Monday, major US banks saw a net decline of around $90 billion in stock market value.

Credit Suisse is expected to fold next year, according to a Wall Street expert

www.dailymail.co.uk, March 14, 2023
Credit Suisse is the next bank to fold, according to Robert Kiyosaki, as the volatile bond market crashes continue. Cavuto: From coast to coast: 'The bond market is the issue, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse, because the bond market is crashing.' The bond market, which is larger than the stock market, is now the issue, according to the expert, and the fact that it is crashing is troubling to many onlookers. He made the prediction just hours before the bank itself revealed that risk assessments for its own financial statements was made.