Comments on: How Come That Idiot’s Rich And I’m Not?

By: Chris

Chris — Wed, 04 Nov 2009 21:20:34 +0000

Add this to my books to read. Thanks for the review.

By: Wealth and Success

Wealth and Success — Mon, 11 Aug 2008 03:44:09 +0000

Thanks for your article, Now there is more reason to comment than ever before! This is a great fir for our project!

By: Robert

Robert — Fri, 28 Mar 2008 14:54:34 +0000

Hey Entrepreneur, thanks for the comment. I have no disagreement with you that Kiyosaki makes tons of money from his books, cds, and seminars. But he did, in fact, make money before he wrote Rich Dad Poor Dad. He made money from (a) starting a business and selling it, and (b) buying real estate and renting it out for cash flow. The problem with a lot of these books, like you say, is that they tend to oversimplify things. The reason for that, I believe, is that no book can tell an individual how to become rich. Instead, each individual has to determine what his or her best talent or skill is and pursue wealth with that talent or skill. Real estate may not be it for everybody. A business might be better for others. Others still might like stocks (like Warren Buffett). So it depends on the individual. Thus, these books, in order to attract more readers, need to simplify the concepts.

By: Entrepreneur

Entrepreneur — Fri, 28 Mar 2008 08:15:23 +0000

I dunno, I’m not a fan of these kinds of books that oversimplify finance and investing. Kiyosaki makes his money from his books, cd’s, seminars, not from his supposed real estate investments.

“In the book, Shemin reveals that, if you stick to the financial rules and lessons you learned growing up, you’re just going to be poor.”

I grew up surrounded with financially astute people so if I don’t stick to those rules, I’d probably be poor. : )

Some things are complicated and should be studied carefully. The rich are neither idiots nor lazy as many seem to like to believe.