|
March 7th, 2006 | #1 |
Senior Member
Join Date: Dec 2003
Location: England
Posts: 944
|
'Rich Dad, Poor Dad' - opinions?
I saw this book on Amazon, which I've seen before but not read. What do people think? It seems to revolve around the idea that work = taxes, but assets are the key to wealth. Naturally, this is capitalistic as hell and depends upon the natural division of man into sucker and smart.
http://www.amazon.com/gp/product/044...Fencoding=UTF8 One thing that struck me was the blurb - 'This book will ... challenge your belief that your house is an asset.' Controversial!
__________________
Hate Hurts - Wogs Kill 'At the end of his life he organized a financial offering for the poor in Jerusalem [Jew city] from the gentile churches he had founded.' - St. Paul [Jew], Oxford Companion to Class. Civ. |
March 7th, 2006 | #2 |
Senior Member
Join Date: May 2004
Posts: 689
|
I downloaded the audio book from limewire.
It's ok. Fairly obvious stuff really, but there is some good advise that most of us don't really give a second thought to. |
March 7th, 2006 | #3 |
Member
Join Date: Oct 2004
Posts: 330
|
Before you attempt to put any of Kiyosaki's ideas into practice, read this:
http://www.johntreed.com/Kiyosaki.html Draw your own conclusions. I've concluded that Kiyosaki is a con artist. |
March 9th, 2006 | #4 | |
Senior Member
Join Date: Dec 2003
Location: England
Posts: 944
|
Quote:
__________________
Hate Hurts - Wogs Kill 'At the end of his life he organized a financial offering for the poor in Jerusalem [Jew city] from the gentile churches he had founded.' - St. Paul [Jew], Oxford Companion to Class. Civ. |
|
March 10th, 2006 | #5 |
Senior Member
Join Date: Dec 2003
Location: naples
Posts: 11,123
|
RE: Angle
The gist of the book is advocating that one should use one's money to buy assets and not liabilities. That makes sense. Avoidance of the jew's traps without specifically naming the jew. It starts-off with a convoluted story about his real father vs. his adopted father's approach to money. In a back-handed way, he puts-down his real father. Not very Oriental of him, I might add. Nevertheless, the book gives sound financial advice worth heeding. Also, take with a grain of salt his critics. Especially the previous post's link. It strikes me as odd that one would be so obsessed with him and his books to the point where they feel the need to delve into all of that inane minutia. Is there a jew in the woodpile?
__________________
The ink of the learned is as precious as the blood of the martyr. For one drop of ink may make millions think.
Last edited by brutus; March 10th, 2006 at 01:29 AM. |
March 10th, 2006 | #6 | |
Ἀντίοχος Ἐπιφανὴς
Join Date: Dec 2003
Location: flyover
Posts: 13,175
|
Quote:
|
|
March 17th, 2006 | #7 |
Meinungsverbrecher
Join Date: Sep 2005
Location: The Big Rock
Posts: 2,965
|
Whenever I see Kiyosaki, I'm reminded of that creepy
Tom Vu and his ridiculous real estate infomercials. Anyone else remember him? http://infomercial.tvheaven.com/tomvu.htm http://infomercial.tvheaven.com/videos/tom_vu_babes.wmv
__________________
. -------------------------------------------------------------------------------------------------------
"A careful study of anti-semitism prejudice and accusations might be of great value to many jews, who do not adequately realize the irritations they inflict." - H.G. Wells (November 11, 1933) ------------------------------------------------------------------------------------------------------- |
March 17th, 2006 | #8 |
Guest
Posts: n/a
|
Because of this thread I noticed his infomercial while flipping through the UHF channels.
In Kiyosaki's infomercial he introduces his wife "whom he loves VERY VERY much" a white young blonde career woman with a tight body. |
March 17th, 2006 | #9 | |
Banned
Join Date: Dec 2005
Location: in a gene near you
Posts: 4,982
|
Quote:
Did you see the special that 20/20 did on him ? Showing all the lies and misrepresentation he did, one of his satisfied customers was his brother-in-law . They exposed his swindle scheme and showed the methods he used to bilk people. Here is one , by a guy who paid $1000 for a one day seminar . The business plan totally flopped . http://www.johntreed.com/Folsterletter.html Last edited by Itz_molecular; March 17th, 2006 at 07:02 PM. |
|
March 20th, 2006 | #10 |
Ἀντίοχος Ἐπιφανὴς
Join Date: Dec 2003
Location: flyover
Posts: 13,175
|
Vu said you can get real estate deals at tax and foreclosure sales. That is true. Vu will not be the last one to popularize that kind of thing. Fixer-upper type real estate strategies are reasonable methods and for a person with good local knowledge and common sense there are many opportunities.
|
March 20th, 2006 | #11 | |
Exiled In the 'Kwa
Join Date: Nov 2004
Posts: 160
|
Quote:
Because of his fire fighters schedule (3 days/nights on; 4 days/nights off) he had alot of free time to scout out good real estate buys in the area. Generally, these were "fixer upper" type properties in above average neighborhoods. He would buy one of these and start working on it himself; sometimes his kids would help out after school. In the last couple of years he's "turned" 8 properties (averaging 1 property every 3 months) each time making a nice healthy profit which then went back into his main house (now mortgage free and updated). Doing the work himself not only saved money on contractors but he also learned various skills such as carpentry, hanging sheetrock, landscaping. He's ready in go full blast into his second career: Real Estate Investing. |
|
March 21st, 2006 | #12 | ||
Guest
Posts: n/a
|
Quote:
Quote:
Ah, I dont think most jews have it this sweet. |
||
March 21st, 2006 | #13 | |
Ἀντίοχος Ἐπιφανὴς
Join Date: Dec 2003
Location: flyover
Posts: 13,175
|
Quote:
I know plenty of people who do this and in case you didnt realize this, most people who work with their hands are not JEWS. I say if you can make money doing this, go for it. Just be careful your margins are big enough. I knew an old guy who did this for decades -- deals set up by his unethical "friend" who was a broker/lawyer/real estate agent-- where he never had a decent margin-- bought em on land contract and sold em that way, with hardly enough markup to cover real est taxes and insurance let alone profit and risk. Look before you leap. |
|
March 21st, 2006 | #14 | |
Guest
Posts: n/a
|
Quote:
Tell that to the new generation of white kids that will have to live with their parents till they are past 35 years old because of all these White yuppies who are flipping houses causing real estate to inflate beyond reach of anyone who hasnt been in the market since 2000. You think white birth rates are low now? There wont be any whites being born in the near future because whites wont have kids until they have a house. Whites have become jews. |
|
March 21st, 2006 | #15 | |
Banned
Join Date: Dec 2005
Location: in a gene near you
Posts: 4,982
|
Quote:
|
|
March 21st, 2006 | #16 | |
Banned
Join Date: Dec 2005
Location: in a gene near you
Posts: 4,982
|
Quote:
|
|
March 21st, 2006 | #17 | |
Banned
Join Date: Dec 2005
Location: in a gene near you
Posts: 4,982
|
Quote:
|
|
March 21st, 2006 | #18 | |
Banned
Join Date: Dec 2005
Location: in a gene near you
Posts: 4,982
|
Quote:
Your friend may be doing well by working class standards , but that is tip change to people making serious money. |
|
Share |
Thread | |
Display Modes | |
|