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I had a sneaking suspicion about the source of the thoughts behind the article as soon as I read the phrase "net income generating assets"—then saw the culprit
by karmajunkie 13y ago
I had a sneaking suspicion about the source of the thoughts behind the article as soon as I read the phrase "net income generating assets"—then saw the culprit in "Rich Dad, Poor Dad".
If you're going to read Kiyosaki's books, then you need to also do yourself a favor and read the criticisms thereof. Kiyosaki borders on a fraud, and many of the rich-dad'isms are flat out illegal. Indeed, as far as anyone is able to ascertain, most of Kiyosaki's traceable money comes not from real estate as he claims, but from selling his books and seminars.
- KingMob 13y agoCame here to say this. Kiyosaki should not be listened to by anyone. His advice consists of banal generalities at best, and outright fraud at worst.