Talk:Rich Dad, Poor Dad
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Kiyosaki says that he writes for 9 year olds. That explains a lot of things.
rich dad poor dad is a book that make people think of how they want to continue living their lives.
- That's nice. Spankthecrumpet 16:00, 16 October, 2005 (UTC)
Hey LordMac, not sure if consensus is reached yet.. please see kiyosaki article regarding John T Reed link. TastyCakes 18:48, 14 December 2005 (UTC)
- I meant on this page, I know we're gonna have some fun over there =) LordMac 19:59, 14 December 2005 (UTC)
I am a CPA and I recently saw Kiyosaki on PBS. I became so angry with his innacurate advice that my wife thought I was going to destroy the TV. Anyone who does not deal with complex (or even simple) financial matters &/or transactions on a recurring basis should not give him their time or money. I imagine that those who are in the financial industry see right through him. I don't know why or how he expects to help people, but my guess is his own pocketbook is his main source of motiviation. Please see an accredited financial advisor or CPA (in the U.S.) about your wealth potential, rather than using this man's poorly thought out assumptions. —The preceding unsigned comment was added by 67.82.210.175 (talk • contribs).
- I do not think he is guided by "helping people" alone. His primary objective would be to help himself. However if someone benefits from it, it would be something additional. His basic premise that we need to understand finance better and that one needs to put money into assets that give returns ( rather than a car) is fairly common sense and does not need any analyst to help. However he does state repeatedly that "hire good financial advisors" and "pay top money" if you are not strong in finance yourself before starting out. He tries to give the "approach" required rather than the " step 2 do x" level of detail that many people expect.Haphar 10:34, 24 July 2006 (UTC)
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[edit] How does Robert Kiyosaki make a living?
I have seen Robert Kiyosaki on PBS several times. Regardless of my opinion about his advice, I would like to know how he makes a living (excluding any activity related to his books/tapes etc).
[edit] John T. Reed
John T. Reed is an author of investment books.
His rebuttal of Kiyosaki can be found here: http://www.johntreed.com/Kiyosaki.html A long read, I find it very convincing.
[edit] " No one disputes that the rich buy "income-producing assets". "
" No one disputes that the rich buy "income-producing assets". Kiyosaki argues that the poor buy worthless items that they think are assets, which clearly do not earn anything, and may have no market value." "
- What?? The first sentence seems like a generalization and one that could be easily rebuffed. Could this be reworded either to: give it context, or be written better?
- -- Guroadrunner 14:15, 2 November 2006 (UTC)
I think critics are just jealous of his success. The book was an interesting read if nothing else. He has a bestseller, you don't; get over it.
[edit] Places to buy assets
I have read the book ever since I got it at Wal-Mart (for less than $15 dollars) and read it during my time at the Vocational Rehab center, and I believed that the book and his other books would help me make enough cash for my creative needs. But the thing is...where can I purchase assets a.k.a. things that "put money in my pocket", especially low-cost ones that I can buy? I am so sick and friggin' tired of hearing the flapping of my empty pockets/empty wallets! (and if anyone tells me to simply get a job, i'll outright delete the posts!)
Also, I want to know who his actual Rich Dad and Poor Dad are? I have read his books, yet I have no idea what they look like, or include Kiyosaki's own dads in his books. --Seishirou Sakurazuka 05:41, 5 December 2006 (UTC)