Australian (ASX) Stock Market Forum

Think and Grow Rich

I have a friend who is worth $2 Million. He is so afraid to get into any long term relationship with a woman that he just lives alone. He is retired but paranoid that people are just trying to rip him off.

This guy still lives in Australia?
 
Has anyone read his latest book "Conspiracy of the Rich"? I've just loaned it from the library and about to start but not sure if I'm wasting my time reading it. Hopefully he's not just cashing in on his previous success.
 
This guy still lives in Australia?

Yes he does, up here near me. He has 2 adult children and he keeps telling me he wants everything to go to them, and only them. He even thought about renting out a unit for a girlfriend of his once just so she could not make a claim on his $$$. This bloke won't go overseas, too worried about what might happen to his house. Only believes in 2 investments, property and cash.
 
I dontk now if anybody came across this article on smh?

http://www.smh.com.au/technology/technology-news/how-a-vegas-boy-bet-the-house-and-lost-it-all-20110425-1dt81.html


"DANIEL TZVETKOFF couldn't have wished for anything more on the night of his 25th birthday in the spring of 2008.

There was the Brisbane internet millionaire, channelling '80s TV show Miami Vice in a white suit and black T-shirt, swigging his favourite Cristal champagne with celebrities at the opening of his very own $3 million luxury lounge bar, Zuri.

It was just the latest present one of the country's richest young guns had lavished upon himself that year.


Having amassed an $80 million fortune through his online payment processing company Intabill, Tzvetkoff had bought a $28 million-dollar waterfront mansion on the Gold Coast, dropped $7.5 million on a brand new super-yacht, Maximus, and had a garage bulging with sports cars including his prized black Lamborghini Gallardo with the numberplate "BALLER".

It was the IT whiz-kid's idea of heaven. "He just loved spending," says a one-time close friend of Tzvetkoff's, who wishes to remain anonymous. "Throwing the cash around, the best things in life. Champagne, parties - he loved parties."

But the party is now well and truly over for Tzvetkoff."


Read more: http://www.smh.com.au/technology/te...lost-it-all-20110425-1dt81.html#ixzz1KbIkLDZr

I think is amazing how some people are with money, most people who aquire it at fast pace usually do not know how to manage it, unfortunately for those who do know how to manage it are having issues aquiring it at a fast pace.

However I think we have to look at it at a case by case basis, any how I found it an intersting write up.
 
Has anyone read his latest book "Conspiracy of the Rich"? I've just loaned it from the library and about to start but not sure if I'm wasting my time reading it. Hopefully he's not just cashing in on his previous success.

I've read it. I can't remember exactly, because since then I've read his book "Prophecy", but I remember coming to the conclusion that it was pure rubbish. If you've read his first book Rich Dad Poor Dad, then there's nothing more you can learn from this guy - he repeats himself in subsequent books, tells irrelevant stories and advertises his own products. I was a fool to buy The Prophecy, but I was also bored.
 
Top