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Kiyosaki fans

Last post 25 Nov 2008, 2:15 AM by Skwan. 2 replies.
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  •  21 Jun 2008, 11:37 AM 520222

    Kiyosaki fans

    As someone who has devoured most of the Rich Dad books, I was interested in what he is advocating at the moment. He seems to write once a month for yahoo (although fresh comments are added daily :)

    http://finance.yahoo.com/expert/article/richricher/84538

    As ever, reading the comments afterwards is as entertaining as the articles themselves. He really does go out of his way to antagonise (to the extent of contradicting himself), and people seem to either love him or hate him. Regardless of whether he is a snakeoil salesman and how much is fictional, I've still got a lot out of his books, which only cost a few quid after all. 

    I find the near religious worship of him by some as quite worrying though, and as for spending thousands of pounds on Rich Dad seminars and learning materials, you'd have to be mental -  it just smells a bit of "Inside Track" style scamming.

    The first few books seem to be a great starting point, but after that he is just repackaging the same old stuff. Still, good luck to him if people buy it.


    My Amateur Investor Blog
    http://amateurinvestor.co.uk
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  •  06 Jul 2008, 6:39 PM 529471 in reply to 520222

    Re: Kiyosaki fans

    I too am a big fan of Mr Kiyosakis work. RK has a good understanding of his audience. I too like a lot of people found his first book Rich Dad Poor Dad a real eye opener. Cashflow Quadrant is another good book in the series. These books really help to develop the right mindset, but you have got to be carefull not to fall into the seminar/ course junky catergory. No book, course or seminar alone will make you rich!! Action is the key.

    A friend of mine attended one of his "free" seminars. He then paid around £500 to go to one of his workshops. There he played the game cashflow with other budding tycoons in the making. At the end of the workshop he was given a series of cds, dvds and lots of reading material.   Three months later I asked him if he has listened to any of the cds. He told me that he hasn't got round to it. I'm sure the information he got was usefull, but like I said before Action is the key!!

    I think comparing his seminar to Inside Track is a bit unfair, however

  •  25 Nov 2008, 2:15 AM 634089 in reply to 529471

    Re: Kiyosaki fans

    Thanks for posting up the link. Im a huge fan of RK, ive heard his disc set and they are good, probably a repeat of whats in all his books, but good none the less. I listen to it everyday when im driving to work
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