Forum Replies Created
Hi Rugbyfan,
Can you please send me a copy of your excel spreadsheet.
Thanks in advance,
ChrisHi Crashy,
What do you think is the best trading software?
Metastock??Can you recommend some good trading books for a beginner ??
Thanks in advance,
ChrisHi Westan,
What is the name of that ‘other book’ which you hold in very high regard??
– Chris
The point is this: If you are not impeccably honest and ethical you might make a lot of money and be regarded as a ‘success’, but your dishonesty and unethical behaviour will one day bite you in the ass.
There will always be someone who is more than willing to use your dishonesty and unethical behaviour against you and tarnish your reputation.
– Chris
Definition of ‘Asset’ from Merriam-Webster Dictionary:
“The entire property of a person, association, corporation, or estate applicable or subject to the payment of debts.”
– Chris
“Your house is not an asset”
Interesting. I though buying a house goes something like this: You put up a 20% deposit and get a mortgage for the remaining 80% from a bank.
You make repayments on the loan and as a result the mortgage reduces while the *equity* in the house increases. Eventually you repay the entire loan and YOU own the house.…geez, that sounds like an asset to me.
Can somebody *please* explain to me Kiyosaki’s convoluted logic that your house is NOT an asset.
Come on Kiyosaki, who are you kidding..??
– Chris
People,
If your really want to know who the Millionaire’s are, and how they become millionaire’s, read “The Millionaire Next Door” by Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D.
– Chris
Hi Westan,
I have no doubt that Robert Kiyosaki has changed a lot of people’s ideas about money and investing.
This is good. It was his books that really changed my own paradigm towards investing.Previously I believed that a good education and a good job will be all in need. Now i realise the importance of investing and passive income, etc..
The education system defintely is lacking in many areas, and it’s good that you will be teaching your kids about money and investing.However, Kiyosaki’s books, while an entertaining read, seem to me to be overly simplistic about the areas of investing.
I really respected Kiyosaki before reading the John Reed article…now i know that not everyhting is as it seems.
..i guess the point is to not get trapped into a ‘cult’ following..and not believe everything you read, no matter how high-profile or successful the person may appear to be.
– Chris
Hi PeterM,
I have no doubt that one can make money in real estate. I just think that it is very easy to lose a lot of money in real esate through mistakes and ignorance.
I am just starting out in property investing. I love reading this forum and i have learned a lot from the posts of other people.
I have invested heavily in my education..I am a recent uni graduate (Electrical Engineering @ Sydney Uni).. unlike Robert Kiyosaki i do NOT believe that education is a waste of time.
I want to be a property investor but i know i still have a lot to learn, and it will probably take me 1-2yrs to save for a deposit for an IP and to really understand the Australian property market.
..and Yes, I have ordered a copy of Steves book and look forward to reading it when i receive it.
– Chris
Hi Benson,
This was a very fascinating article..i think everyone on this forum should read it and be wary of all the investment *gurus* out there…
( http://www.johntreed.com is a very informative site about property investing..Check it out!)
-Chris
Hi Everyone!!
I’m also very interested in buying an IP in Toowoomba.. does anyone have an IP in this area??
‘A journey of a thousand miles must begin with a single step.’
ANCIENT CHINESE PROVERB
-Chris
