Robert Kiyosaki’s Predictions for 2013 That Will Impact Your Cash Flow
I have just finished watching Robert Kiyosaki’s Predictions for 2013 that he believes will impact your cashflow. He was joined by his wife, Kim Kiyosaki and 3 of his advisors. They had some pretty interesting things to say about the upcoming year in regards to real estate, the economy and technology.
If you’re familiar with Mr. Kiyosaki and his teachings, then you probably know where this discussion was headed. You also know that to get anywhere in this world, you need to educate yourself and prepare for what is to come. If you are prepared, then you will probably be excited and looking forward to what can happen in 2013. If you’re not prepared, then you’re sure to find yourself scared and unsure of what steps to take. You will want to be prepared not only so that you can survive in the world, but so that you can THRIVE.
Robert is able to make his predictions based on his experience and his research in that history repeats itself. It always has, and always will. He says that history repeats itself because humans haven’t learned from the lessons it teaches. He says that based on history, recovery does not happen at a fast rate. It can take 25 years to recover.
Robert believes that you need to have a long term plan. You need to educate yourself and learn what is going on, what you can do, and what your options are. Robert and Kim say that to survive and thrive, they need to have the “5 G’s”.
Ground (real estate)
Gas (oil & gas)
Below are their predictions for 2013
Real Estate –
-There will be less foreclosures on the market.
-The Price of single family homes will go up.
-There will be a 5% increase in rents in 2013 and another 5% in 2014.
-There will be more construction in real estate.
-It’s time to exit out of nonperforming properties.
-Watch for oil and tax benefits in 2013 (Obama may want to curb them)
-Taxes will go up for the middle class (upper and middle) starting January 1. They will go up for the wage earners. The rich will not be affected as they have done their planning.
-The capital gains tax will go to 20% (up from 15%) starting January 1.
-The healthcare bill will create a 3.5% tax on investment income (net income from rental properties, unless you qualify as a real estate professional – see your tax adviser)
*What I found interesting was that his tax adviser said that this past summer he visited many different countries like Japan, Mexico, parts of Europe and studied their tax laws. He found that the tax laws were the same in every country he visited. All the tax laws tax the entrepreneurs and business owners less, and taxed the employees more. Just like in the United States. The tax rates may be different from country to country (Japan has higher employee tax than the U.S. etc.), but the laws are very similar.
-There will be a massive transition from PC and laptop to mobile devices. (This is where everything seems to be headed. Plan ahead and develop your own mobile strategy.)
-The education system will be affected by mobile.
-Women oriented professions will increase and grow at a faster pace in 2013 then in previous years.
-More women will hold higher positions.
-The number of women owned business will grow.
So, what can we do with these predictions? As Kim likes to say, “nothing happens until something moves.” The best thing we can do is to take action. We need to get educated so that we can plan, so that we can keep up with the ever changing world and technology. We need to think about what we can do so that we not only can survive, but can thrive. We have access to a ton of information that can help us to learn, search, ask questions, and keep current. There is a lot of free information and tools on the web, and social media that can get us sharing and learning. The more we know, the better our lives can be, so take action!
Thank you for reading,
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