To: taxcontrol
You mean get F'd, he's a known fraud. For heaven's sake, the author has said that Rich Dad NEVER EXISTED. This is a fabrication and this pyramid scheme guy makes a living duping people into seminars at $3000 a pop.
Does he boast of all his bankruptcy's in those seminars? NO!
Avoid Robert T. Kiyosakis book Rich Dad, Poor Dad and others like the plague.
http://www.johntreed.com/Kiyosaki.html
54 posted on
11/18/2003 4:39:40 PM PST by
A CA Guy
(God Bless America, God bless and keep safe our fighting men and women.)
To: A CA Guy
I would have to disagree with you most strongly. The first four books outline the mental changes a person has to undertake in order to acheived wealth. That is why I limited my recommendation to the first four.
If you study these books there are several nuggets of wisdom in the books that a person can use. Understanding good debt vs bad debt, gaining control of your personal finances, educating yourself in investments, putting education to use to gain experience and creating excess cash, identifying goals, making a plan, learning how to read financial statements etc.
I am NEVER an advocate of simply taking one person's advice to the exclusion of all others. All information needs to be checked against other souces. Like "critical thinking" I call this "critical research". The ideas that Kiyosaki tucks into a considerable amount of story telling are age old axioms of investing and gaining wealth. It is however, the only place that I have seen all of these elements brought into one location. Further, to Kiyosaki's credit, he recommends other reading and encourages folks to learn from other sources.
Conversely, I know nothing of the indiviudal who wrote the web page you listed. I do not know if the individual has ever read the books or has gone out and implemented any of the items recommended in the book. I do not know if the person owns their own business or even has any form of wealth.
In fact, it sounds very much like someone who just likes to be critical. I assure you that I do not need critics, there are plenty around.
What Kiyosaki has done for me is to allow me the strength to look at why my own business failed. He has shown me how to regain control of my finances to the point that I am getting started in my second venture and I'm currently laying the ground work for a third. By the way, none of these are or have been MLMs.
68 posted on
11/19/2003 8:41:36 AM PST by
taxcontrol
(People are entitled to their opinion - no matter how wrong it is.)
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