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  • Profile photo of aseaasea
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    @asea
    Join Date: 2011
    Post Count: 3

    His books are more inspirational than technical. They are great if you are starting out and need motivation – but they are all quite airy fairy and may be more relevant in the US than here. Some of his other books spend the first half of the book justifying why you should invest in property rather than the stock market. By the way, his Rich Dad and Poor Dads are in fact fictional. They didn't really exist.

    Also, my cousin read the book "Rich Dad Poor Dad" in senior high school and he was convinced that he didn't need an education. He was able to give it all up on his HSC/ATAR now and not even try to go to uni. Thanks Robert! We fought hard to convince him otherwise. I would recommend the book only after they begin their working life.

    I have read many books but I have yet to any as good as McKnight's. Not only are they relevant but they full of examples with real numbers. You can't beat that. I gained true understanding – rather than just rhetoric! Thanks Steve!

    Profile photo of aseaasea
    Participant
    @asea
    Join Date: 2011
    Post Count: 3

    Thanks Richard and Terry!

    Now I understand….minimise PPOR loan and maximise IP loans.

    I will keep browsing the forums

    Thanks again!

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