Comments on: This is Just Too Good Not to Highlight http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: Liz http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-143772 Liz Mon, 24 Sep 2007 18:23:45 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-143772 Very funny. I just started reading Rich Dad Poor Dad, or אבא עשיר, אבא עני in order to practice my Hebrew. Actually I dislike it so much because of the personality behind it that I don't know if I'll get through it (that and laziness : ). Kiyosaki seems to place so much value on money, that he has no qualms characterizing his own father as a loser because he wasn't wealthy. I felt embarrassed for his father. While I think his basic point about investing in assets instead of spending money on stuff is interesting, I don't care enough about being rich to try most of his other strategies (as I understand them, I haven't read much of the book). They require as much work as a regular job, and the chances of gaining riches from them I figure as about the same as being very successful in your regular job. Very funny. I just started reading Rich Dad Poor Dad, or אבא עשיר, אבא עני in order to practice my Hebrew. Actually I dislike it so much because of the personality behind it that I don’t know if I’ll get through it (that and laziness : ). Kiyosaki seems to place so much value on money, that he has no qualms characterizing his own father as a loser because he wasn’t wealthy. I felt embarrassed for his father. While I think his basic point about investing in assets instead of spending money on stuff is interesting, I don’t care enough about being rich to try most of his other strategies (as I understand them, I haven’t read much of the book). They require as much work as a regular job, and the chances of gaining riches from them I figure as about the same as being very successful in your regular job.

]]> By: Investing » This is Just Too Good Not to Highlight http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-143682 Investing » This is Just Too Good Not to Highlight Mon, 24 Sep 2007 10:53:03 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-143682 [...] kkchow23 wrote an interesting post today onHere’s a quick excerptAnyway, Kiyosaki is very on the mark, Mutual Funds are not the tools for winning, just playing it safe. I invest in vehicle with average annual returns of 36% or greater. What a waste to put your money into a mutual fund. … [...] [...] kkchow23 wrote an interesting post today onHere’s a quick excerptAnyway, Kiyosaki is very on the mark, Mutual Funds are not the tools for winning, just playing it safe. I invest in vehicle with average annual returns of 36% or greater. What a waste to put your money into a mutual fund. … [...]

]]> By: The Sunday Review #39 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-143348 The Sunday Review #39 Sun, 23 Sep 2007 15:01:22 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-143348 [...] This is Just Too Good Not to Highlight by JLP @ All Financial Matters. An interesting story about a Robert Kiyosaki fan fanatic [such people exit (?)] [...] [...] This is Just Too Good Not to Highlight by JLP @ All Financial Matters. An interesting story about a Robert Kiyosaki fan fanatic [such people exit (?)] [...]

]]> By: Kamarulzaman the cash management guy ! http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-142258 Kamarulzaman the cash management guy ! Thu, 20 Sep 2007 13:17:41 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-142258 I have read Robert Kiyosaki's book - Rich Dad Poor Dad about 2 years back.Since Donald Trump has JV with Robert to set up a new project together , he must be very special if not he will get fired ! I have read Robert Kiyosaki’s book – Rich Dad Poor Dad about 2 years back.Since Donald Trump has JV with Robert to set up a new project together , he must be very special if not he will get fired !

]]> By: Stacey http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-141616 Stacey Tue, 18 Sep 2007 17:37:03 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-141616 It would help if HE learned to spell. Perhaps he's part of the uneducated masses? ;) Good luck w/ the remodel. We did countertops and backsplashes and it made a world of difference! Next are the hardwood floors...ouch! It would help if HE learned to spell. Perhaps he’s part of the uneducated masses? ;)

Good luck w/ the remodel. We did countertops and backsplashes and it made a world of difference! Next are the hardwood floors…ouch!

]]> By: Golbguru http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-141222 Golbguru Mon, 17 Sep 2007 20:18:14 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-141222 I love Kiyosaki. His teachings led me into outrageous (and sometimes dishonest) real estate deals and caused great financial hardships. Thus I learned the meaning of life (or at least that's what people think). - Casey Serin I love Kiyosaki. His teachings led me into outrageous (and sometimes dishonest) real estate deals and caused great financial hardships. Thus I learned the meaning of life (or at least that’s what people think).

- Casey Serin

]]> By: Customers Revenge http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-141064 Customers Revenge Mon, 17 Sep 2007 14:48:06 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-141064 Take Kiyosaki for what he provides. It is not a detailed guide-book, more like motivational. I personally find his books (just read one, they are all the same) to have a great message. His distaste for retail financial products like mutual funds and generic wealth advisors is totally justified from the point of view of a business person. Trouble is many of us are workers, to which he clearly states his advice doesn't apply. Of course it's bad, it's for someone else. Put it this way: You wouldn't advise people to play poker to get rich, but there are top poker players that reliably make lots of money by playing poker. Take Kiyosaki for what he provides. It is not a detailed guide-book, more like motivational. I personally find his books (just read one, they are all the same) to have a great message. His distaste for retail financial products like mutual funds and generic wealth advisors is totally justified from the point of view of a business person.

Trouble is many of us are workers, to which he clearly states his advice doesn’t apply. Of course it’s bad, it’s for someone else.

Put it this way: You wouldn’t advise people to play poker to get rich, but there are top poker players that reliably make lots of money by playing poker.

]]> By: MossySF http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-140940 MossySF Mon, 17 Sep 2007 05:29:08 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-140940 You can get 36% easy. Just buy bread in Zimbabwe and in 15 minutes, the value of that bread will have gained 36% due to the 15000% inflation rate in that country. Problem of course is you can't do anything with that gain outside of Zimbabwe. You can get 36% easy. Just buy bread in Zimbabwe and in 15 minutes, the value of that bread will have gained 36% due to the 15000% inflation rate in that country. Problem of course is you can’t do anything with that gain outside of Zimbabwe.

]]> By: Aaron Smith http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-140934 Aaron Smith Mon, 17 Sep 2007 05:09:33 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-140934 Not to be confused with the original commentor, this Aaron thinks that the comment was quite crazy. A guaranteed return of 36% is clearly not possible, and just as some others have noted, if the poster really was making 36% guaranteed return on his money, why would he be posting a comment such as this on this blog? Not to be confused with the original commentor, this Aaron thinks that the comment was quite crazy. A guaranteed return of 36% is clearly not possible, and just as some others have noted, if the poster really was making 36% guaranteed return on his money, why would he be posting a comment such as this on this blog?

]]> By: guinness416 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/comment-page-1/#comment-140607 guinness416 Sun, 16 Sep 2007 02:21:36 +0000 http://allfinancialmatters.com/2007/09/15/this-is-just-too-good-not-to-highlight/#comment-140607 It seems that a lot of forums have an ancient Kiyosaki post which attracts nutcases all afroth months after the last sane commenter. Personally I think they're hilarious; you should read the ones on thesimpledollar. At least this one isn't ALL CAPS! It's a little confusing, I mean is there an army of semi-literate people spending their time googling and finding these random blog posts? And shouldn't they be out researching their 40% deals instead? It seems that a lot of forums have an ancient Kiyosaki post which attracts nutcases all afroth months after the last sane commenter. Personally I think they’re hilarious; you should read the ones on thesimpledollar. At least this one isn’t ALL CAPS! It’s a little confusing, I mean is there an army of semi-literate people spending their time googling and finding these random blog posts? And shouldn’t they be out researching their 40% deals instead?

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