I have read with interest the criticism of Kiyosaki and “gurus” in general.

Are we not taught on this site to do our own due diligence and sort things out for ourselves rather than take for granted what other people say?

Who cares about Robert Kiyosaki’s credentials? I know credibility is important in his game, but I also believe there are plenty of people willing to knock you down when you are at the top or when you speak out like him, it happens in politics every day.

I am sure that you could probably find similar types of critiques of John Burley, Jan Sommers, even our own Steve McKnight (sorry Steve) if you look hard enough.

I also know that I found his books to be thought provoking and it was his books that encouraged me to research further and as a matter of fact find this site.

So long as we take his ideas for what they are – one man’s opinions – should we get that caught up with minor details or should we concentrate more on our own journey and use people like Kiyosaki to encourage us to think outside the square and help us to strive that much harder to achieve our goals.

We should draw experiences from all these peoples, gleen the pieces of information from each of them into the major puzzle that is our own financial journey.

Robert Kiyosaki may not be all he claims to be, but he has encouraged a lot of people to think about their future and take action. Those that suceed will be those that take such ideas, do their own due diligence and use snippets of his ideas and others in their own financial plans.

Cheeers

Dnanz [][]

This may come up twice as my computer crashed as I posted the reply, but here goes again anyway.

I thought it was about time that I added to this forum.

The name is Deanna, 31, married to David, 34 for almost 12 months.

Pretty new to investing and wish that I knew 10 years ago what I know now. Never mind, it’s never too late to start.

Hubby and I have combined income of about $140k and currently rent close to Sydney CBD, quite cheaply, I might add.

David’s father (who are quite wealthy) are constantly on our case about buying ourselves a home and getting a mortgage. He does not understand that we are quite happy living in the area we live and don’t want to move further away from where we currently live. We cannot afford to buy in our area but instead want to buy IP’s out west and have someone else paying the predominant part of the mortgage if not all.

We have just about finished writing our 10 year investing plan (pretty hard to do and very conservative). It sets out on paper our aims and a year by year description of how we will get to our goal and where we have to be at the end of year to achieve it. It truely is possible.

I am totally knew to investment and wraps, but have the added advantage that because my husband’s dad is so keen to give us a mortgage, he has offered to match us dollar for dollar our savings, even towards an investment property. We are therefore aiming to with his help have $70-80k by Christmas and then get moving.

The plan is to set up a company/trust and use property and shares to get to a passive and portfolio income of $100k pa within the 10 years.

The goal for this new financial year is to get 2ips, either +ve geared or wrapped and have achieved passive and portfolio income of $3k. It’s very achieveable.

So that’s us, I’ll keep you posted on how we’re going. But thanks I must say I am enjoying this site and the positive outlook everyone has and how you are all so willing to share ideas.

Thanks to everyone that shares and makes this site so excellent.

De [][]