All Topics / Opinionated! / John T Reed

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  • Profile photo of redwingredwing
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    @redwing
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    Had a look at John T Reeds site, Dolf gets hammered and I found the BS Checklist for Guru’s funny

    BS Checklist for gurus

    Also has anyone spent much time looking at Richmastery?

    Looks like some good books etc there?

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”
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    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    G’day Redwing.

    It is interesting reading there, and he has been around awhile, I remember reading some of his articles a few years back.

    It’s always good getting / learning varying opinions :)

    Cheers

    Profile photo of TerrywTerryw
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    @terryw
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    Some good critisims there!

    Terryw
    Discover Home Loans
    Parramatta
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    Profile photo of brahmsbrahms
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    @brahms
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    can’t read it – link appears to be shut down.

    cheers

    brahms
    Purveyor of Fine Finances
    aka Mortgage Broker Brisbane

    Profile photo of redwingredwing
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    @redwing
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    http://www.johntreed.com/Reedgururating.html

    Here the site Brahms

    US Based

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of calvin_thirty4calvin_thirty4
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    @calvin_thirty4
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    New Zealandese
    No one bothered to translate the book into American even though the U.S. is by far its main market. He uses the word “property” to mean real estate, “gearing” for leverage, “requisition” for eminent domain, etc. The most egregious example, which is extremely misleading, is his use of the word “rent” when he means net operating income. The sort of laymen he targets are likely to think “rent” means rent, not the amount left over after you pay your operating expenses.

    I came accross this part of the BS meter about Rolf De Roos. Funny, but I always took rent to be rent and NOT the part left over after all the expenses were taken out……how silly of me! [cigar]

    Other than that, it is interesting to read about some of the gurus that I have heard about – get a different picture, more wholy rounded.

    Great post Redwing!

    Cheers
    C@34

    Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
    – Thomas Edison

    Don’t let reality be the benchmark for your Dreams

    Profile photo of redwingredwing
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    @redwing
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    Funnily enough John T Reed promotes his own books whilst giving the majority of others a hard time..

    But always interesting for a read from someone else’s perspective..

    Calvin, Guess thats why a lot of US books dont apply here, different lingo and systems including loans tax etc etc

    “Money is a currency, like electricity and it requires momentum to make it Effective”
    Count The Currency With This Online Positive Cashflow Calculator

    Profile photo of calvin_thirty4calvin_thirty4
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    @calvin_thirty4
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    redwing Posted – 30/12/2005 : 16:46:00


    Funnily enough John T Reed promotes his own books whilst giving the majority of others a hard time..

    …souinds like a friend/ brother of Neil J…??

    Cheers
    C@34

    Our greatest weakness lies in giving up. The most certain way to succeed is to always try something one more time.
    – Thomas Edison

    Don’t let reality be the benchmark for your Dreams

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