As for his books… I am on book number 4. May you grow to realize that criticizing others, especially in their absence, is not the thing to do. Table of Contents Introduction Rich Dad Poor Dad Chapter One Lesson One: The Rich Don't Work for Money Chapter Two Lesson Two: Why Teach Financial Literacy? That is the priority of every salesman. The Best book for Financial Success by many economist is The Richest Man in Babylon. He has also encouraged people to make poor investments based on the strategy of using debt to extremes to create wealth. I guess Mr Kiyosaki stopped practicing and preaching what he wrote about and eventually got into a mess. Some people just want all the praise and bragging rights and envious and greedy of others.
He constantly provides real life instances so that readers can relate to his lessons on buying income generating assets. No surprise that his business filed for bankruptcy but his personal assets were protected. In the book, the author claims that his rich dad amassed wealth because he looked at income as a way to develop more wealth-creating assets. It was a bizarre experience. Have you taken the course to see what is included? Kiyosaki has written this book in collaboration with Sharon Lechter. The bankruptcy was news to me. Because he did it in a business, he can only lose what is in that particular business.
Look, when I first read his book, I thought that it was really great advice. You have some great resources listed on this website from people of character who teach some of the same principles and strategies as Kiyosaki. The traditional world is not working for most. Robert Kiyosaki throws light on the above questions through a series of six easy to learn lessons. This attitude, the author states time and again, is the primary difference between the rich and the poor. I would recommend you consider the other side of the story.
I always recommended his books to people who wanted to find themselves financially, I even recommend him on my blog, I think there might be more to this than meets the eye, some of the ideas offered by Robert Kiyosaki really opened my eyes especially the cash flow models. With a bankruptcy there is an examination of assets and company cash amounts then liquidation of anything that can be sold. Please be careful of such scammers. All it really matter is his teaching make sense or not? Reed which pointed out lots of errors, falsehoods, and bad teachings in his book. So, I know I should do more than make a paycheck. We are not certified financial counselors.
He does say many things that make perfect sense. We sincerely want to help and we think we can, but if you have serious financial concerns, please consult a professional. If you do, it means you are growing and personal growth inside, is what you need … urgently. I think he is someone who can teach us a few things and he is also someone who has some junk in his past. I had to click on web page 2 of Google to find this. The book built my skeptics armor.
I seen the a comment of a person calling him a scumbag and got curious. About the Author Robert Kiyosaki is not just an author, he is also a game developer and real estate tycoon. I am glad I read the Rich Dad book because I saw many of the fraudulent teachings in one book. It is still a hallmark book that I think should be mandatory reading. I have read many Mr.
And web page he recently completed a mini-documentary, Shooting the Sacred Cows of Money. Please stop the negative piling on and go do something positive for yourself and society. Who care if the man went through bankruptcy or not. Man, people just don´t get the importance of being protected, Rich people apply these strategies all the time, for protection, when you buy assets and have money the wise thing that you could is protect yourself, this advise is provide by Robert from the beginning, so for me is not something weird, actually show me how smart Robert is. He has also co-authored a book with his sister, who is a Buddhist nun. I had to listen to an interminable presentation by two ladies before they got down to individual interviews.
An update: I could not agree with this author more. Personally, the so called Rich Dad is a bad example. It is a realistic book to built your fortune. Your house has value, but it is not an asset. How many of us know what really happened in the dispute? Lol Now that guy was a total fraud. There are hundreds of financial hypocrites out there.
He also said he got a tip from a company employee to buy stock, then was told when to sell stock which is illegal for insider trading. Robert books yet I feel like cheated. The whole point of his books is to turn on our heads what most folks feel is wealth. Straight up guy who has hit highs and lows in life but keeps on winning and sharing to help others. He is also diversifying his investment portfolio by adding a little bit of real estate. Love them or hate them, they are legitimate. I think how we learn from others should be a decision we all have to make without the influence of media.
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