Rich Dad, Poor Dad. Book reviews?

Tico · Apr 24, 2005

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

So I saw the book mentioned and praised, and finally decided to buy it through Amazon. I'll start reading it shortly. I'm wondering if any of you have read it, and have any thoughts?

I don't suppose Sports Betting is discussed there, is it? :icon_conf

bigbet1234 · Apr 24, 2005

Decent book, but I think all these books on how to get rich are scams.

I went to one of his seminars out in Cali a few years back, it was $300. All it was was a course on why you should take his class, his advisors class on real estate, and his other advisors course on the market.

they did talk about some interesting topics though.

all in all, i think Robert Kiyosaki is the lesser of the scams of all the rich schemes out there.

BB

Tico said:
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

So I saw the book mentioned and praised, and finally decided to buy it through Amazon. I'll start reading it shortly. I'm wondering if any of you have read it, and have any thoughts?

I don't suppose Sports Betting is discussed there, is it?

LEYKIS101 · Apr 24, 2005

Tico,

I dont have his book nor do I intend to buy it. From what I've heard its all re-hashed basic financial info with some nice stories about people who succeeded with his advice. To me it sounds like the book is just a foot in the door for what his organization hopes is some additional expenditure/seminars by the buyer.

I did a search of "Rich dad poor dad reviews" and found a number of helpful sites that have done what youre asking for.

I doubt sports wagering is discussed at all.

Best of luck with finding all the info you seek.

:digit:

bigbet1234 · Apr 24, 2005

Sports no, but Blackjack is, if i recall correctly.

Nice book, like lynes said, to get your foot in the door

Bb

Tico said:
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

So I saw the book mentioned and praised, and finally decided to buy it through Amazon. I'll start reading it shortly. I'm wondering if any of you have read it, and have any thoughts?

I don't suppose Sports Betting is discussed there, is it?

OMNIVOROUS FROG · Apr 24, 2005

Makes for a good read. He is shilling, for his game of life, and his seminars, so he gets rich quick. However he does share some unique wisdoms, is honest and does seem to go against many conservative goals. His rich dad is cool. His poor dad is also a good guy. But the rich dad does the little different things to make him rich, where his own hard working dad just grinds along like a shmuck. Also helps he was in the right place, Hawaii, at the right time, Japanese land speculation. Timing is everything. Good book, some important lessons if applied payback the time and cost invested.

Best Wishes...OF:howdy:

No gambling or sportsbetting ever mentioned.

sherman · Apr 24, 2005

I have read that book, nothing that you probably dont already know....

aceduecetrey · Apr 24, 2005

bigbet1234 said:
Sports no, but Blackjack is, if i recall correctly.

Nice book, like lynes said, to get your foot in the door

Bb

I am guessing that BJ advice comes from "poor dad"?

bigbet1234 · Apr 24, 2005

you sure, i thought card counting, or pro gamling was mentioned. it was in one of his books, not sure which on.

BB

OMNIVOROUS FROG said:
Makes for a good read. He is shilling, for his game of life, and his seminars, so he gets rich quick. However he does share some unique wisdoms, is honest and does seem to go against many conservative goals. His rich dad is cool. His poor dad is also a good guy. But the rich dad does the little different things to make him rich, where his own hard working dad just grinds along like a shmuck. Also helps he was in the right place, Hawaii, at the right time, Japanese land speculation. Timing is everything. Good book, some important lessons if applied payback the time and cost invested.

Best Wishes...OF:howdy:

No gambling or sportsbetting ever mentioned.

OMNIVOROUS FROG · Apr 24, 2005

bigbet1234 said:
you sure, i thought card counting, or pro gamling was mentioned. it was in one of his books, not sure which on.

BB

99% sure, Rich Dad, Poor Dad has no card counting, or pro gambling. It is more investing, real estate and risk free turnover. Have book in my library, read it twice. This guy never seemed to me a card playing type. But he does have a game he made. Cashflow 101. So successful he added Cashflow for kids and Cashflow 202. It is more like monopoly, with real world investments. Very pricey. No squares are marked, play blackjack and count cards.

Best Wishes...OF:digit:

bigbet1234 · Apr 24, 2005

He makes comparisons, he does not do advantage gambling.

BB

OMNIVOROUS FROG said:
99% sure, Rich Dad, Poor Dad has no card counting, or pro gambling. It is more investing, real estate and risk free turnover. Have book in my library, read it twice. This guy never seemed to me a card playing type. But he does have a game he made. Cashflow 101. So successful he added Cashflow for kids and Cashflow 202. It is more like monopoly, with real world investments. Very pricey. No squares are marked, play blackjack and count cards.

Best Wishes...OF:digit:

WildBill · Apr 24, 2005

Most of his books follow a simple thread: "passive" investments are your goal. Investments such as real estate are king in his mind, ones where you can do something once and make money consistently from it. I did read parts of two of the books and found some weird advice. One is that he likes expensive cars and things, but uses them as motivation. He says you find something you want, say a Cadillac, then use that to drive yourself to find an investment to cover it. In other words, find some property that will cover your car payments. Interesting theory, kind of strange when you think about it, but I suppose when you are getting rich from seminars and books you need something to keep yourself going.

Fezzik · Apr 24, 2005

I tried to read it, I was not impressed.

Rambled and scrambled all over the place.

For my money, give me the Millionaire Next Door books.

Omni · Apr 24, 2005

"For my money, give me the Millionaire Next Door books"

I'm actually reading that one right now. Pretty good book. The chapter about economic outpatient care reminds me of they dynamic between me and my brother. He makes more than I do, but he gets cash from our grandparants during his late teenage and adult life, and my grandfather paid the downpayment for his home. I haven't recieved jack, but I wouldn't trade our overall economic postions. I'm fairly self sustaining but I don't think he would last without support (not to mention a spendthrift girlfriend). I know I'll never be dependent on someone else's money.

Rich Dad, Poor Dad. Book reviews?

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