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Updated about 5 years ago,
Rich Dad Poor Dad’s investing principles - GOOD or BAD?
Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investors who disagree with his philosophies. I would like to open up this post to anyone familiar with Kiyosaki’s investing principles taught in any of his books to debate his teachings.
Which of his teachings do you feel are sound teachings and which are unsound in your opinion? I would like to invite everyone into the conversation but I would like to extend a specific invitation to @Omar Khan, @Jay Hinrichs, @Mike Dymski, @JD Martin, @Joel Owens, @Steve Vaughan, @Sterling White, @David Greene, @Dave Van Horn, and @Ben Leybovich.
Thanks to all who care to share their opinion on the subject.