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Author Topic: "Rich Dad, Poor Dad"  (Read 3613 times)
Smithee
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« on: January 07, 2009, 11:40:35 AM »

I saw some mentions of that book here so I thought I'd give it a try.

I'm finding it to be very depressing. All that talk of hiding your taxes through a personal corporation just sounds like cheating to me. Hundreds of millions of Americans are relying on the other hundreds of millions to pay what they owe. When they don't, our roads and bridges crumble. Why should I be excited about cheating other people out of civic infrastructure and services?

And the tone of the book seems to be a lot of, "you're dumb if you're not outgoing and excited about sales". I'm still hoping there are ways to become wealthy while still keeping mostly to myself.
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Flexo
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« Reply #1 on: January 07, 2009, 06:40:41 PM »

The author is one to stir up opinions. He has legions of followers who swear he is a God, while others consider him not much more than a fraud.  If I remember correctly, Rich Dad, Poor Dad promoted highly leveraged investing... which relies on ever-increasing asset values... which as we can see now is not a sure thing.
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Green Panda
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« Reply #2 on: January 21, 2009, 04:08:25 PM »

I didn't care for the book. Most of the advice was a bit vague and when I read it as a college student, I found it impractical.
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Green Panda
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Personal Finance for College Students and New Graduates
Flexo
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« Reply #3 on: January 21, 2009, 09:49:41 PM »

I didn't care for the book. Most of the advice was a bit vague and when I read it as a college student, I found it impractical.

Kyosaki's advice for you as a college student would have been to quit college... he's not a fan of traditional education...
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Green Panda
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« Reply #4 on: February 02, 2009, 10:34:52 AM »

Quote
he's not a fan of traditional education.
]

You're right about that. Funny thing was many college student had his book in their dorm room.
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Green Panda
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Springbarb
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« Reply #5 on: February 19, 2009, 10:47:32 PM »

I got rather turned off by the attitude of the author. His methods for getting more money clash with my own attitudes toward work and lifestyle.
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Green Panda
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« Reply #6 on: February 20, 2009, 09:30:59 PM »

I haven't personally met someone who used the information practically in their lives. A few said they were inspired, but nothing concrete.
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Green Panda
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Personal Finance for College Students and New Graduates
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