Robert Kiyosaki's New Book - Unfair Advantage

[FxTrader]

If you followed the Silver thread a video of Kioysaki on silver and gold has been posted numerous times. Not hard to track on Google and elswhere that he advocates holding and storing physical.

The reality is that Kiosaki's oraganisation leverages his name and noteriety as an author and speaker to sell expensive seminars on specific topics to thousands. Not a new idea of course. If I decided to speculate in gold or silver I would not be seeking his advice on the subject and would not hold physical metal.

Sure he and his wife have made a fortune from the books but the financial education for those starting off is good. My Children and some Grandchildren will vouch for that.

Yes, his books are pitched at a low enough level for children's reading which does not speak that highly of them in my view since children are not his primary target audience. His books are in general a good read but they tend to follow the same pattern and leave you hanging out for more detail. For that he wants more of your money.

Of course the finance industry run him down as they do not want people to be too financially literate.

Uncertain who you are targeting with this sweeping generalization but I am not "running him down" with some ulterior motive. I have read many of his books and watched many of his vids, the information in them tends to be repetitive and general in nature and of little value to those seeking more detail or application or specific strategies. If you want that from his organization then you need to spend thousands to get it.

 

[KurwaJegoMac]

The reality is that Kiosaki's oraganisation leverages his name and noteriety as an author and speaker to sell expensive seminars on specific topics to thousands. Not a new idea of course. If I decided to speculate in gold or silver I would not be seeking his advice on the subject and would not hold physical metal.



Yes, his books are pitched at a low enough level for children's reading which does not speak that highly of them in my view since children are not his primary target audience. His books are in general a good read but they tend to follow the same pattern and leave you hanging out for more detail. For that he wants more of your money.



Uncertain who you are targeting with this sweeping generalization but I am not "running him down" with some ulterior motive. I have read many of his books and watched many of his vids, the information in them tends to be repetitive and general in nature and of little value to those seeking more detail or application or specific strategies. If you want that from his organization then you need to spend thousands to get it.

I agree with each of your points. I think his books are a fantastic introduction to people completely new to financial literacy. It's very general and easy to understand but once you've read one or two you've read them all. They should really only be used as a "My First Book on Financial Literacy" to get you started on thinking about wealth creation.

 

[explod]

The reality is that Kiosaki's oraganisation leverages his name and noteriety as an author and speaker to sell expensive seminars on specific topics to thousands. Not a new idea of course. If I decided to speculate in gold or silver I would not be seeking his advice on the subject and would not hold physical metal.

Yes, his books are pitched at a low enough level for children's reading which does not speak that highly of them in my view since children are not his primary target audience. His books are in general a good read but they tend to follow the same pattern and leave you hanging out for more detail. For that he wants more of your money.

Uncertain who you are targeting with this sweeping generalization but I am not "running him down" with some ulterior motive. I have read many of his books and watched many of his vids, the information in them tends to be repetitive and general in nature and of little value to those seeking more detail or application or specific strategies. If you want that from his organization then you need to spend thousands to get it.

Was not saying he is the holy grail in any sense of the word, but for some he is a start. In fact I only recommend his first book, RDPD. I did attend one of his seminars back in 02 at the tennis centre in Melb and it was good for me at that time, each to his own of course. Yes he is but one of many, but as the subject was raised I thought I would give my 2 cents.

And as an investor, not a speculator, I prefer the physical as I think all of the paper will go spoof at some stage for awhile, but thats just my take.