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Anybody read the Rich Dad Books?

Discussion in 'BlackHat Lounge' started by ahiddenman, Jun 22, 2011.

  1. ahiddenman

    ahiddenman Elite Member

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    I just ordered my first 2 Rich dad books:

    ?Rich Dad?s Guide to Investing in Gold and Silver? by Mike Maloney

    and also ?Conspiracy of the Rich?.

    I was recommended those 2 to start off with by an Employee of Rich dad and also via a family member so i cant wait to read them.

    Anybody read them also ?
     
  2. cash202

    cash202 Elite Member Premium Member

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  3. ahiddenman

    ahiddenman Elite Member

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  4. kupo

    kupo Junior Member

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    I bought Rich Dad, Poor Dad several years ago. Read through the first 20 pages but it's been collecting dust ever since I read Robert Kiyosaki's quote in SmartMoney magazine, February 2003:

    ROBERT KIYOSAKI: ?Is Harry Potter real? Why don?t you let Rich Dad be a myth, like Harry Potter??
     
  5. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    I read Rich dad poor dad, great book.

    Don't let what others tell you blur your judgement.

    Just because a few people are saying his advice is stupid and wrong does not mean that what they are saying is right.


    You know, some people in affluent positions don't want the masses to be educated and to be financially free.

    Take a critical look at his advice, and compare that to what the schools (controlled by x) teaches and you make your own mind up on which advice is better.


    See ya when I see ya.

    [​IMG]
     
  6. mudbutt

    mudbutt Jr. Executive VIP Jr. VIP Premium Member

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    If you think getting financial advice from a fiction book is smart, you're an idiot. Sorry. There is a shitload of evidence to point out the financial illiteracy of the fraud that is Robert Kiyosaki. Following his advice is stupid, and sometimes even harmful.
     
  7. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Have you read the book?

    What advice did he give in it that is just plain stupid ?
     
  8. mudbutt

    mudbutt Jr. Executive VIP Jr. VIP Premium Member

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  9. loswarrior

    loswarrior Regular Member

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    Basically.....read the book yourself and make your own decision, after all that's what reading is about, sorting the good from the bad!
    I am sure you can take something positive from the book.
     
  10. Autumn

    Autumn Elite Member

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    I've read lots of stuff about what a quack he is, and that may be so, but his books do still have some useful info in them. Those were some of the first books that I read about wealth creation and although some of it is humbug or US-specific, there were some good takeaways as well eg. what a cashflow-producing asset really is, getting on to the right hand side of the cash flow quadrant etc.

    It's like everything else... You take what you can use and discard the rest.

    The best book about money I've ever read was "The Richest Man In Babylon."
     
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  11. cash202

    cash202 Elite Member Premium Member

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    If you wanna useful info about wealth creation, read "Think And Grow Rich".
    Kiyosaki maybe not a total fraud but a big bulshitter.
     
  12. Windmill

    Windmill Supreme Member

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    When I was like 10, my dad bought those books. He gave me the rich kid one to read, so I read it, then I read the rich dad poor dad one.

    Honestly, I remember finding the stuff in there basic common sense. The Guide to Investing in Gold and Silver could be very good though :) the basic books simply discuss basic financial sense, and about thinking outside the box. Honestly, if people aren't thinking outside the box already, I doubt those books will help them. People who for some reason don't have financial sense could benefit from them.
     
  13. tonlilaz

    tonlilaz Executive VIP Premium Member

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    the 'rich dad' philosophy caused the real estate crash in arizona.....
     
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  14. Windmill

    Windmill Supreme Member

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    The Rich Dad ideas are great, as long as not many people use them. The problem with mass-marketing financial sense is it never works when lots of people are following it; particularly when they are following it wrong.
     
  15. Roparadise

    Roparadise BANNED BANNED

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    Most people that buy get rich quick books, are going to keep buying more and more,and even if they get a book that does have good information they most likely not do anything that will bring them money.
     
  16. thevil

    thevil Junior Member

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    Rich Dad Poor Dad was a very inspirational book for myself. Although I do not agree with alot of stuff that is said in the book, I believe most us would agree that it was a good book, a turn pager and very inspirational. Always take advice with a grain of salt. Fictional - Probably. Motivational - yes, nonetheless. I would recommend it as one of the books to read on improving yourself.

    Here are a couple of other great books related to this field.


    How to Win Friends and Influence People
    Psycho Cybernetics
    Think and Grow Rich
    Grow Rich with Piece of Mind
    7 habits of highly effective people
    The Millionaire Next Door
    Richest Man In Babylon
     
  17. Windmill

    Windmill Supreme Member

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    "How to Win Friends and Influence People"

    Yes, yes and yes.

    When I was a young child, I was extremely unsociable IRL. I didn't know how to talk to people or make friends. Then one day I read a childrens story that taught me one of the most important lessons I have ever learned in life (no joke): people like to talk about themselves, so ask them questions about themselves.

    Thats basically what this book teaches, though it goes more indepth.

    People like to talk about themselves. Look I just talked about myself, and am doing so right now. Its fun. Talking about yourself is great. So how much better is it if someone else not only lets you, but is interested? Those people get really popular because its fun to talk about yourself.

    When people like you, they'll do a lot for you.
     
  18. llewopsnimajneb

    llewopsnimajneb Regular Member

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    lol.

    Bible
     
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  19. Windmill

    Windmill Supreme Member

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    Now thats a can of worms.
     
  20. AdsMakesSense

    AdsMakesSense Regular Member

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    If there was really a genius get rich scheme with little work, I doubt anyone would share it (much less for a price of a single book). Sucess comes from quality good work.