4 ms·
I did just a quick search and found a number of sites, most referring back to John T. Reed's piece here: http://www.johntreed.com/Kiyosaki.html http://www.johnt
by raintrees 15y ago
I did just a quick search and found a number of sites, most referring back to John T. Reed's piece here: http://www.johntreed.com/Kiyosaki.html http://www.johntreed.com/Kiyosaki.html
Although the content at the Reed link feels sensationalized to me (and sometimes very nit-picky) many of the points could be generalized as:
- Don't blindly follow what you read, and
- Kiyosaki is not consistent.
I found the books (I bought many of them - rather inexpensively by getting them used) VERY repetitive and along the lines of "read more, I am about to spill the secrets" followed soon after with the let down of "I am not going to tell you how, just why." I guess I was feeling more as a how-to kind of person when I chose the books. They also repeatedly recommended getting expert advice from professional CPAs and Attorneys.
Still, just like all "advice" books, there are bits of truth and helpful angles to be found. I am building up a modified version of the Cashflow plan in Real Estate, while continuing to keep my day job. :)
But the game can really expose one's level of acceptable risk, and help one see their choices and the possible impacts. Nothing like playing with fake money first and getting your hard knocks virtually, instead of betting the farm and having to start over.