Related Posts
Anyone bi here? 35/m
Additional Posts in FIRE Financial Independence Retire Early
Real Estate Rookie podcast thirsty for subs

New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.




He just recommended joining an MLM wtf
Mentor
He acted just like a Rich dad by not paying his early investors in his brand. Lost the lawsuit and had to declare chapter 7.
Robert Kiyosaki is a con artist
Rich Dad Poor Dad was a great book in its era. Unfortunately, many of its principles are no longer valid. For example, viewing your home as a liability. When the book was written, this was probably sound logic. Today we have Airbnb and other tools that enable a sharing economy. How is my house not an asset? My mortgage is 4k per month. I rent it two weeks of the month and bring in 5k. I live for free and make 1k. (I don’t actually do this, just giving an example).
[enters his 3 garden hoses as Assets in Personal Capital account...]
I remember reading that book when I was a teenager. What it taught me is that the key to success is having a rich dad. All his strategies are useless if you don't have money (or other resources) to start with.