robert kiyosaki

I've read 'Rich Dad Poor Dad' and took a bit out of it. I liked his earlier work, but his latest stuff, in my opinion, borders on hysteria and scare mongering. As a general rule, anything with 'conspiracy' in the title should be avoided.

Many have benefited from his books, created turning points for themselves, created better attitudes and mindsets, don't care if he is poor or rich. The man has had a huge positive effect on so many people, including me.

Not sure I like the comment about low socio economic classes, but there are certainly plenty of appreciative people who aspired to better economic circumstances and needed Kiyosaki's readable material to help them on that journey.

His material helped me a lot, it confirmed many things I believed, but weren't game to "bank" on. With the knowledge and inspiration from him (and a few others),  I was able to achieve financial success. 

Knowledge is the key, and overrides socio-economic factors.

Many have profited  from his books , and many more will. Considering that any one good financial idea is certainly worth
more than the mere cover price of any one of his books, everyone who buys one already makes a profit right there.

Cheers
thecrest

Great to get the mindset of investing going and one of the first books I recommend anyone to read is Rich Dad Poor Dad.
Some of his other books (Rich Dad's Guide to Investing for example) I feel are not a balanced view at all.

I love his book, "Rich Dad’s guide to investing".  He's really good in his field and everyone who dreams to become rich or to accumulate more wealth, should start reading his books. (;

I have read three or four of Robert Kiyosaki's books and they contain some fantastic ideas.

The books really struck a chord with some of my core beliefs.  By reading the books it gave me the kick in the butt to change my life – I even moved to a different country and totally changed the direction of my life.

I am also a little cynical that he has only made money from teaching others to make money, and I am also aware that some of the things he has said at seminars etc are factually incorrect – but he is passionate about financial education and that is to be admired.

I love the focus he puts on cash flow when investing in property – I have seen a lot of people focus on everything but cash flow and it has caused a lot of heartache.

We all need to continually learn and educate ourselves, and Robert Kiyosaki's books are a great starting point for the 'big picture' concepts.

I recently gave my brother "rich dad poor dad" for Christmas and it has done the rounds of the family, I've also read 2 others of Kiyosaki's books and it is the shift in mindset and simplification of complex issues that make them so successful, try reading warren buffet's books and you'll see the point of difference in style and content.  I would point out however that his books are horribly written with grammar and content of high school level aimed at maybe a late teen audience (like your newspaper).  There were so many times I cringed at his writing style, but therein also lies the charm as he never pretends to be a writer.  They appeal to the lower socio economic classes because rich people don't need to read about other rich people!!! Hahahaha

His message however rings true.  I preferred McKnight's books for actual specific property strategies and examples hence why I joined the forum.  Here endeth my first ever post (phew), cheers to 2011 the year of saving!!

Jonesi

Robert Kiyosaki’s books definitely provide insight and education that the mainstream economics and financial teachings don’t.
Kiyosaki himself states that he is a good marketer and like everything, (including courses we attend on investing), his books are a product designed to sell for a profit and provide a benefit in return. That doesn’t mean they aren’t a valuable tool in property investing education.

Certainly, people criticise RK’s material that it lacks content, but his intention is not to provide an instruction manual to become wealthy. More people lack the mindset and the overall “big-picture” view, than information on how-to-profit-from-an-investment-deal. How many people do we know who have attended all the courses but don’t seem able to put a deal together, or make the right investing decisions?

My group plays Robert Kiyosaki’s boardgame, Cashflow every month. If you want to learn the mindset to build a portfolio and you haven’t tried Cashflow then do yourself a favour and play the game with a group of investors. (You can play with family and friends but believe me you get more out of it playing the game with people who are doing the deals in real life). I would not be where I am, without the mindset gained through Robert Kiyosaki’s books and Cashflow game.

As for his books- my advice – get a few from the library and read them, make up your own mind.
If you like them, buy them, read them several times and lend them to your friends.

A good friend just got his latest book, Unfair Advantage, from the US for me (I don't think it's available here yet).  I enjoyed it immensely.

It shows how Robert & Kim became financially free via their real estate holdings before they ever got into the education business.  I got Rich Dad Poor Dad in 1998 during an illustrious Amway career, i.e. I spoke to about two people   However the Amway book of the month club delivered Rich Dad Poor Dad and that was the book that got me going.

Many thanks to Amway and Robert 

Cheers,  Paul

Well, I have read Rich Dad Poor Dad- I liked them. Yes, probably a lot in the way of inspiration and not a lot in the way of perspiration- that is not so much in nuts and bolts. But it has changed my way of thinking and that is what counts to me. It has moved me into action and thinking about money and wealth creation differently. I am happy with that.
I have been to and listened to a lot of inspirational speakers. They are all the same – have a message and you wonder what they actually do toward what they preach. But if it gets you moving and makes you do “something” that is positive, then it IS all worth it.

I’m seeing Robert Kiyosaki speaking in Sydney next week (along with Donald Trump), should be interesting.