Talk:Rich Dad Poor Dad/Archives/2013

2005/2006 comments

I've recently started to read his other books. To me he seems to be very sharp and he has a lot of critique on financial advisors worldwide.. Probably why some financial advisors are criticizing him. People should read his new book with Donald Trump (why we want you to be rich) You'll get an inside of what type of financial mentality that contributes to the financial crisis. Of course it is always good to have your criticizing eye open.. /Reader

Kiyosaki says that he writes for 9-year-olds. That explains a lot of things. Actually, he did not in fact say that he has a 9-yr-old son and that he likes to write stories to help him to understand financial freedom.

Rich Dad Poor Dad is a book that make people think of how they want to continue living their lives.

That's nice. Spankthecrumpet 16:00, 16 October, 2005 (UTC)

Hey LordMac, not sure if consensus is reached yet.. please see kiyosaki article regarding John T Reed link. TastyCakes 18:48, 14 December 2005 (UTC)

I meant on this page, I know we're gonna have some fun over there =) LordMac 19:59, 14 December 2005 (UTC)

I am a CPA and I recently saw Kiyosaki on PBS. I became so angry with his inaccurate advice that my wife thought I was going to destroy the TV. Anyone who does not deal with complex (or even simple) financial matters &/or transactions on a recurring basis should not give him their time or money. I imagine that those who are in the financial industry see right through him. I don't know why or how he expects to help people, but my guess is his own pocketbook is his main source of motivation. Please see an accredited financial advisor or CPA (in the U.S.) about your wealth potential, rather than using this man's poorly thought out assumptions. —Preceding unsigned comment added by 67.82.210.175 (talk • contribs)

I do not think he is guided by "helping people" alone. His primary objective would be to help himself. However if someone benefits from it, it would be something additional. His basic premise that we need to understand finance better and that one needs to put money into assets that give returns ( rather than a car) is fairly common sense and does not need any analyst to help. However he does state repeatedly that "hire good financial advisors" and "pay top money" if you are not strong in finance yourself before starting out. He tries to give the "approach" required rather than the " step 2 do x" level of detail that many people expect.Haphar 10:34, 24 July 2006 (UTC)

How does Robert Kiyosaki make a living?

I have seen Robert Kiyosaki on PBS several times. Regardless of my opinion about his advice, I would like to know how he makes a living (excluding any activity related to his books/tapes etc).

He doesn't. Nor do most BS RE guru's. --PeterMarkSmith 12:14, 4 February 2007 (UTC)

John T. Reed

John T. Reed is an author of investment books.

His rebuttal of Kiyosaki can be found here: http://www.johntreed.com/Kiyosaki.html A long read, I find it very convincing.

I agree that Reed's rebuttal is thorough and convincing. I think it should be included, and is not linkspam. OneWorld22 00:20, 12 January 2007 (UTC)

The content Reed's website was designed to attract traffic in order to sell books and newsletters. The comment is one thing but the link to the content isnt necessary. Shuim 01:45, 12 January 2007 (UTC)

After reading the article again I don't see that Reed is promoting his books. He has one link to his book as an alternative to Kiyosaki, and the rest of the several pages are devoted to debunking Kiyosaki. I have looked for other sources who used reed's information, but I couldn't find them. When I try to link to reed's article, it just gets deleted, so how should the information be included? OneWorld22 06:10, 12 January 2007 (UTC)

The determination was already made by administrators that the link is linkspam. Shuim 12:24, 12 January 2007 (UTC)

When was that exactly? And I assume we can read some kind of deliberation on the matter? TastyCakes 22:04, 14 August 2007 (UTC)

The link to the content is necessary and is not spam. All websites are designed to attract traffic, for purposes commercial and otherwise. As OneWorld22 said there is no other reference to this content. You just don't like it. Isorhythmic (talk) 17:56, 29 August 2010 (UTC)

Actually, the issue is that Reed's site is self-published and contains criticism of a living person. Linking to his site violates WP:BLP. We can link to reports of what his site says in reliable third-party publications, which the article does. Yworo (talk) 23:16, 29 August 2010 (UTC)

Keep the criticism up to date and NPOV is probably the best we can do. His blinded supporters will always try to grease it up. --PeterMarkSmith 12:15, 4 February 2007 (UTC)

" No one disputes that the rich buy "income-producing assets". "

" No one disputes that the rich buy "income-producing assets". Kiyosaki argues that the poor buy worthless items that they think are assets, which clearly do not earn anything, and may have no market value." "

What?? The first sentence seems like a generalization and one that could be easily rebuffed. Could this be reworded either to: give it context, or be written better?

-- Guroadrunner 14:15, 2 November 2006 (UTC)

I think critics are just jealous of his success. The book was an interesting read if nothing else. He has a bestseller, you don't; get over it.

What an awesome way of arguing. 208.111.241.155 (talk) 05:53, 13 January 2008 (UTC)

Places to buy assets

I have read the book ever since I got it at Wal-Mart (for less than $15 dollars) and read it during my time at the Vocational Rehab center, and I believed that the book and his other books would help me make enough cash for my creative needs. But the thing is... where can I purchase assets a.k.a. things that "put money in my pocket", especially low-cost ones that I can buy? I am so sick and friggin' tired of hearing the flapping of my empty pockets/empty wallets! (and if anyone tells me to simply get a job, i'll outright delete the posts!)

A major critique of his books are that they are low on specifics, mostly generalities. SO if you want details, RDPD is probably not the place. OneWorld22 20:14, 28 January 2007 (UTC)

Also, I want to know who his actual Rich Dad and Poor Dad are? I have read his books, yet I have no idea what they look like, or include Kiyosaki's own dads in his books. --Seishirou Sakurazuka 05:41, 5 December 2006 (UTC)

Seishirou: I could be wrong but I'm pretty sure he admitted that the "Rich Dad" was a composite of interactions he had over his early life. He uses marketing to his advantage and he knew creating a two-dad fiction would help sell books. He used a similar strategy in naming another book "If You Want to Be Rich Don't Go to College". —Preceding unsigned comment added by 130.191.146.123 (talk) 04:07, 9 December 2009 (UTC)

Chapters

The Chapter part seems like just a plug for the book. I don't see how it gives any useful information about the book. OneWorld22 01:53, 14 January 2007 (UTC)

The article IS about a book. To list the chapters of the book that is the subject of the article is relevant to the article. Shuim 01:58, 14 January 2007 (UTC)

Can you point to any other book articles (that are any good) that include a list of chapters? TastyCakes 22:06, 14 August 2007 (UTC)

College text

I know of at least one college English course which requires its students to ready this book as an example of horrible writing.Isaac Crumm 05:27, 19 January 2007 (UTC)

Keith Cunningham

The article says Keith claims to be 'Rich Dad', and then says why he couldn't have been - is there any where that claim can be verified? On Keith's website, he says (of his period of bankruptcy in 1991):

First, I met a man named Robert Kiyosaki, who was teaching a small self- help program called Money & You. I took the course and found out some very profound things about me and my life. Robert and I became close friends for many years, staying at each other’s houses, vacationing together and ultimately teaching together.

He surely doesn't claim that he is Rich Dad in any historical sense?? —Preceding unsigned comment added by 87.194.162.201 (talk) 12:59, 26 February 2008 (UTC)

advertisementy

I don't think it reads like an advertisement. —Preceding unsigned comment added by 24.2.74.83 (talk) 00:52, 22 March 2009 (UTC)

Book or series

I think we have an editorial question to decide here. Is this article about the single book, Rich Dad Poor Dad, or about the series of books published under that trademark. While I have integrated a list of books from the "Rich Dad Advisory Series", I am not sure that having them here is the best solution. The original book was a NYT bestseller and probably deserves its own separate article which is only about the single book, not the series. I think we should create a second article about the series it spawned. What do other editors think? In particular, what should we name that article? Yworo (talk) 09:15, 30 January 2010 (UTC)

This is about the book. Make an article about the Rich Dad series, and keep that info there. ThuranX (talk) 12:54, 30 January 2010 (UTC)

John T. Reed website

Reed's website is self-published and not a reliable source. We cannot link to self-published sites that contain unvetted criticism of a living person. If you disagree, please take your query about it to the BLP noticeboard. BLP reversions are exempted from WP:3RR. Please do not restore this link without explicit clearance from the BLP noticeboard. I will continue to remove it. Third-party reports in reliable sources about Reed's opinions are of course acceptable. Yworo (talk) 17:29, 30 January 2010 (UTC)

This constitutes an unmitigated white-washing of the article. Reed's review is recapped in other articles criticizing the book and it's author, as such, linking to it constitutes a reasonable EL. This article is NOT about the person, but his books and business, and thus outside of BLP concerns, so that set of rules does not apply. ThuranX (talk) 17:36, 30 January 2010 (UTC)

This has already been discussed and the link rejected on the BLP noticeboard once on Talk:Robert Kiyosaki (sorry, misremembered). The problem is that the site is a self-published, polemic, anti-Kiyosaki site by one of his competitors. It does not even meet WP:EL, much less WP:BLP. I am taking this to WP:BLPN. Please do not restore the link until you have discussed the issue there with people who know more about these matters than you seem to. Yworo (talk) 00:30, 31 January 2010 (UTC)

2011 Comments

I have recently begun reading this a few hours ago and have finished about half of it meaning that it's narrative is fluid and sound. It's principles also seem well put and are easily illustrated to a non-financially educated person such as myself. KirtZJ 05:34, 21 April 2011 (UTC) — Preceding unsigned comment added by KirtZJ (talk • contribs)

The BLP noticeboard discussion can be found here. Yworo (talk) 00:46, 31 January 2010 (UTC)

I think this article could be greatly improved. There is very little real information about the book itself. A selection of quotes from the book would be nice. It's sales figures at the very least should be listed. I have seen it listed as the top selling personal finance book of all time. The fact that the criticism section is about 1/3 of the article, and is the most detailed portion of the article, screams bias to me. If criticisms are included to such a rate, then a section of positive commentary should also be included as a counterpoint. As a note, John T Reed's site contains very few recommendations and mostly bashes other personalities, he is definitely not an unbiased third party. — Preceding unsigned comment added by 184.61.121.243 (talk) 23:56, 25 September 2011 (UTC)