Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #11  
Old 07-11-2006, 04:50 PM
Your Mom Your Mom is offline
Senior Member
 
Join Date: Jan 2003
Location: Council Bluffs Horseshoe Casino
Posts: 4,274
Default Re: Robert Kiyosaki

I read a book by him called somehthing like What the Rich Invest in that the Poor and Middle Class do not. 300+ pages telling me that if you make 200k a year, you can invest in things that people who don't make 200k a year can not invest in. Then he proceeded to not tell me one thing about what these investments are or how to find them. Pretty f'in ridiculous.
Reply With Quote
  #12  
Old 07-11-2006, 04:51 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Robert Kiyosaki

[ QUOTE ]
[ QUOTE ]
It's not targeted at a higher audience because he's trying to target customers for his books.

[/ QUOTE ]
Has he written any books besides Rich Dad Poor Dad? Are they any better?

[/ QUOTE ]

He actually has quite a collection of books in the RD series, you can find them on his website...

I still think we should do a reading/review of RDPD after Cat is done going thru TII; I think the discussion generated could be interesting.
Reply With Quote
  #13  
Old 07-11-2006, 05:02 PM
Evan Evan is offline
Senior Member
 
Join Date: Jun 2004
Location: startupping
Posts: 14,351
Default Re: Robert Kiyosaki

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
It's not targeted at a higher audience because he's trying to target customers for his books.

[/ QUOTE ]
Has he written any books besides Rich Dad Poor Dad? Are they any better?

[/ QUOTE ]

He actually has quite a collection of books in the RD series, you can find them on his website...

I still think we should do a reading/review of RDPD after Cat is done going thru TII; I think the discussion generated could be interesting.

[/ QUOTE ]
I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows.
Reply With Quote
  #14  
Old 07-11-2006, 06:34 PM
BeL0wMe BeL0wMe is offline
Senior Member
 
Join Date: Jun 2006
Location: BUSTO 4 LIFE
Posts: 340
Default Re: Robert Kiyosaki

[ QUOTE ]
I read a book by him called somehthing like What the Rich Invest in that the Poor and Middle Class do not. 300+ pages telling me that if you make 200k a year, you can invest in things that people who don't make 200k a year can not invest in. Then he proceeded to not tell me one thing about what these investments are or how to find them. Pretty f'in ridiculous.

[/ QUOTE ]

Thank you, your mom, jesus someone agrees with me on this book. Unfortunately this was the second finance/ investing text that I ever read, and it caused me to nearly stop reading them. I was waiting for some big payoff in the end of this and zippoooooooo. I can't stand Kiyosaki, and his inane deification of himself. All he wants to do is sell you his crummy board games. IMO Avoid this series. Pure drivel.
Reply With Quote
  #15  
Old 07-11-2006, 06:51 PM
Guest
 
Posts: n/a
Default Post deleted by Mat Sklansky

Reply With Quote
  #16  
Old 07-11-2006, 07:11 PM
otctrader otctrader is offline
Senior Member
 
Join Date: Aug 2003
Posts: 630
Default Re: Robert Kiyosaki

Some good stuff on this website including a lengthy review of Kiyosaki/RDPD; he does a good job bashing a bunch of real-estate gurus:

http://www.johntreed.com/Kiyosaki.html
http://www.johntreed.com/Reedgururating.html

No opinion either way from me, haven't read the book (RDPD).
Reply With Quote
  #17  
Old 07-11-2006, 07:27 PM
elus2 elus2 is offline
Senior Member
 
Join Date: Oct 2004
Location: vancouver
Posts: 1,609
Default Re: Robert Kiyosaki

[ QUOTE ]
[ QUOTE ]

I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows.

[/ QUOTE ]

Not everybody is as smart as you are Evan.

Look at the front page of this board...it has been dominated by 'I'm 19 and have half a million dollars and have no idea what to do with it!!' posts.

This book is absolutely PERFECT for these types of people.

[/ QUOTE ]

I think they could skip RDPD and go straight into learning basic things like compound interest, different types of investment vehicles and the corresponding tax implications for them. The typical thread here is usually someone 18 to 23 with x amount of money that they want to invest for y amount of time. I wouldn't read Kiyosaki for that type of advice.

I believe that most of the people on this forum are already motivated enough with getting a handle on the financial aspect of their lives and are generally more interested in learning things that they could act on. Of course I might be jaded and just not enjoy motivational books as much as the next guy.
Reply With Quote
  #18  
Old 07-11-2006, 07:41 PM
Evan Evan is offline
Senior Member
 
Join Date: Jun 2004
Location: startupping
Posts: 14,351
Default Re: Robert Kiyosaki

[ QUOTE ]
[ QUOTE ]

I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows.

[/ QUOTE ]

Not everybody is as smart as you are Evan.

Look at the front page of this board...it has been dominated by 'I'm 19 and have half a million dollars and have no idea what to do with it!!' posts.

This book is absolutely PERFECT for these types of people.

[/ QUOTE ]
This forum is filled with pretty bright guys, I think they can handle jumping in a little deeper than these books even if they know al ot less about finance than some other people.

Also, catering to the lowest common denominator is just going to frustrate both the advanced members of this forum and the new guys. In the end they'll all wish they'd done something more challenging.
Reply With Quote
  #19  
Old 07-11-2006, 08:34 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Location: Finance Forum
Posts: 12,364
Default Re: Robert Kiyosaki

Evan,

I disagree... just look at the poor participation level in the TII reading... even after it seemed that the overwhelming consensus was to start with that book...

With RDPD, it is a quick easy read, there are useful nuggets in there, and quite a bit to argue/discuss as well.
Reply With Quote
  #20  
Old 07-11-2006, 10:18 PM
leto333 leto333 is offline
Member
 
Join Date: Dec 2005
Posts: 70
Default Re: Robert Kiyosaki

would the monkey on the typewriter who reproduces the masterpiece understand any of the ideas in his copy?

If a million forum posts were typed by humans, would any of them be any more worthwhile than one monkey's forum post, if only one million monkeys were reading the forum posts?

If you ate monkey (http://www.angryman.ca/monkey.html)food for long enough, would you be able to save enough to invest and become a rich dad?
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:49 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.