20/20: Rich Dad Poor Dad

**jmjj215** · 05-20-2006, 09:31 AM

Re: 20/20: Rich Dad Poor Dad

This critique of him by Reed was particularly interesting.

What I like: he's motivated a lot of people to think differently (in a good way) about becoming wealthy through his first book.

What I don't like: his other books are (and a lot of his first book even is) a bunch of drivel - his writing is so hard to read. Also, I don't feel he's completely forthright about his achievements (but loves to brag about them).

**Ima saver** · 05-20-2006, 09:46 AM

Re: 20/20: Rich Dad Poor Dad

I did read his good book, but I am not that impressed with him either.

**katwoman** · 05-20-2006, 12:57 PM

Re: 20/20: Rich Dad Poor Dad

For the life of me, I still can't figure out why he's gotten to be such a guru! Other than point out that RE is something you should own and that business owners come out ahead, what has he really contributed?

I've heard a lot of these guys and their minions on air and in person. The only one, in my book, that is close to the real deal is Ron LeGrand.

**PRICEPLUS** · 05-20-2006, 02:58 PM

Re: 20/20: Rich Dad Poor Dad

I am singularly unimpressed by his book.

**abowers** · 05-20-2006, 03:15 PM

Re: 20/20: Rich Dad Poor Dad

My boyfriend just picked this book up today at a used book sale for $.50. Haven't started reading yet, so no opinion yet.

**tgavin71** · 05-20-2006, 03:23 PM

Re: 20/20: Rich Dad Poor Dad

I've read Rich Dad Poor Dad and have to agree with you all. I didn't find it to be the 'be all and end all' financial freedom self help books.

**zoe** · 05-20-2006, 05:41 PM

Re: 20/20: Rich Dad Poor Dad

I read it a while ago and I thought it was vague and uninspiring. And please correct me if I'm wrong but I seem to remember he and his wife mooched off their friends and family because they didn't want to work while they were deciding how to make their millions. That's just laziness.

**Haku** · 05-21-2006, 04:18 AM

Re: 20/20: Rich Dad Poor Dad

I can not say that I am at all impressed with Mr. Kiyosaki. I have read apologists explain that he is a good motivator on thinking outside the debt box, and this I do have to agree. The trouble is, beyond that, he doesn't share much in the ways of "how", and the bits and pieces that he has shared has come under quite a bit of criticism from the investment community at large.

I could be wrong, but that's just what I think anyways....

Of course, Dave Ramsey is also a good motivator, and while I don't necessarily agree with some of Mr. Ramsey's finer details (blanket psychology over savings), at least he has a viable system to offer.

**robex** · 05-21-2006, 07:01 AM

Re: 20/20: Rich Dad Poor Dad

I'm more along the Dave Ramsey lines, too. Don't really like the Rich Dad/Poor Dad outlook. For me, slow and steady wins the race...maybe if I was more of a risk taker...

**shelbylovesmelby** · 05-21-2006, 08:54 AM

Re: 20/20: Rich Dad Poor Dad

I only saw the show & I wasn't impressed with anything he said. Just another schmoe making big $$ by telling people how they can make $$, when the only one who's making any $ is probably him w/ all his seminars ect. My half sisters used to go to these "free" seminars & they aren't swimming in any kind of $!

I'm not much of a risk taker either.

**poundwise** · 05-21-2006, 10:36 AM

Re: 20/20: Rich Dad Poor Dad

Well, that's kind of the point. From what I saw and what he said, it doesn't seem like he actually tells anyone how to do anything. Just gives encouragement to people to do something more, to 'go for it'. I don't know. If it helps some people then great but, frankly, I don't see anything of value. Maybe I should read one of the books.

**Ima saver** · 05-21-2006, 01:02 PM

Re: 20/20: Rich Dad Poor Dad

You know I read his book, years back, and really can't remember anything about it. I guess it did not leave a lasting impression on me.

**VJW** · 05-21-2006, 01:51 PM

Re: 20/20: Rich Dad Poor Dad

I’d say both Kiyosaki and Stanley have been well eviscerated by now, and Stossel has merely become a propaganda tool.

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**asha** · 05-22-2006, 01:34 AM

Re: 20/20: Rich Dad Poor Dad

Originally posted by jmjj215

This critique of him by Reed was particularly interesting.

What I like: he's motivated a lot of people to think differently (in a good way) about becoming wealthy through his first book.

What I don't like: his other books are (and a lot of his first book even is) a bunch of drivel - his writing is so hard to read. Also, I don't feel he's completely forthright about his achievements (but loves to brag about them).

I couldn't have put it better, myself!!

20/20: Rich Dad Poor Dad