Robert Kiyosaki in Melbourne 27/08/18 - Gold ticket to sell

Discussion in 'Property Information Resources & Tools' started by Luca, 23rd Aug, 2018.

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  1. Luca

    Luca Well-Known Member

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  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Throw it away!
     
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  3. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    Gold ticket with no tour of a chocolate factory? o_O
     
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  4. tobe

    tobe Well-Known Member

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    He lost me when he teamed up with Donald.
     
  5. 2FAST4U

    2FAST4U Well-Known Member

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    He lost me when I discovered his whole story was a lie.
     
  6. Cousinit

    Cousinit Well-Known Member

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    I read many of his earlier books and learnt a lot .

    Michael Yardley writes well of Kiyosaki's work in at least one of his books and you wouldn't get a better advocate. We have the old cashflow board game from years ago and still play it sometimes . It's a great way for young teenagers to learn IMO . There is quite a bit of luck but the out come is still a reflection of your mindset .

    I'm going into Melbourne on the train Monday morning to attend and looking forward to it . Now that I no longer need to work much I can please myself ha ha .
     
  7. Luca

    Luca Well-Known Member

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    I was hoping for more excitement around :):):)
     
  8. Trainee

    Trainee Well-Known Member

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    His stuff is good for beginners, but you should grow out of it pretty quick.
     
  9. Perthguy

    Perthguy Well-Known Member

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    He lost me when I read Rich Dad, Poor Dad
     
  10. Ace in the Hole

    Ace in the Hole Well-Known Member

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    I reckon if I didn’t read RDPD and more importantly the Cashflow Quadrant, we would definitely not be comfortably financially free right now.
    The sooner you get out of the employed category, the sooner you’ll start making real progress in all areas of life.
     
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  11. Ace in the Hole

    Ace in the Hole Well-Known Member

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    Actually, just realised I have progressed through all 4 quadrants now:
    Employee
    Self Employed
    Business owner
    Investor

    Was only ever in one quadrant at a time, although was a part time investor during the first 3 stages, but a full time professional investor at the moment, although very passive.

    Thanks Robert Kiyosaki for providing a clear pathway on how to get it done.
     
  12. Cousinit

    Cousinit Well-Known Member

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    I agree and also thank RK for his guidance.
     
  13. Redwing

    Redwing Well-Known Member

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    Over the weekend Robert Kiyosaki, author of the popular Rich Dad, Poor Dad, called for a “giant stock market crash” in October:

    Unfortunately, this isn’t the first time that Kiyosaki has called for a major crash in the last decade, as FinTwit was quick to point out.

    As soon as Kiyosaki sent his tweet, the replies started pouring in. Luc ten Have beautifully responded with this chart showing the increasing price of the S&P 500 alongside all of Kiyosaki’s prior incorrect calls:

    [​IMG]

    The Broken Clock – Of Dollars And Data
     
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  14. Sackie

    Sackie Well-Known Member

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    I wouldn't listen to anything RK says. He's 80% baloney, 20% hot air.
     
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  15. MTR

    MTR Well-Known Member

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    Ditto

    But how did he become super rich, it worked
     
  16. sash

    sash Well-Known Member

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    Yep he is a smart guy....his ability to distill concepts gave hundreds a thousands a leg up to financial freedom...via his CF books....
     
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  17. spoon

    spoon Well-Known Member

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  18. spoon

    spoon Well-Known Member

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    I would say stay in the employed category if you have a good paying job and not too pressurised. Then use the good pay to invest for tax advantage and build up equity when the inevitable comes. Retirement. :)
     
  19. Sackie

    Sackie Well-Known Member

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    By selling gold tickets :p

    For me, the amount of terrible advice he has given out far exceeds the good parts he teaches.
     
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  20. Luca

    Luca Well-Known Member

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    Ended up going :)

    I found it hard to find people who are 100% true on everything. Robert it`s all about starting your own gig, work for yourself and not for a paycheck, legally reduce your taxes to the minimum and make money work for you. Even if simple this concept is hidden to the majority of us. When he gets into the details, he often gets things wrong. The reality is that predicting the future is impossible and when you try to do it you are often wrong. Guys like him make 100`s of predictions and the one time they are right it`s full steam marketing for the fact they were right. I started in RE following well know Australian Gurus who were super conservative about RE at that time, it costed me a lot of time. All these guys give you the instruments to make a personal decision on your investments, it`s more about changing the mindset than selecting top and bottoms.
     
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