- Thread starter
- #31
I agree. I think the concepts in RDPD stand pretty well, while it's 80% fluff/ 20% concepts, TMF is 100% concepts.It's extremely basic. However, to say there's nothing of any practical use in it is not very charitable. Consider these four points:
Rich people acquire assets. The poor and middle class acquire liabilities, but think they are assets.
The state of investment income exceeding expenses is being “wealthy.”
Your profession is not your business, because you work for someone else.
You business revolves around your asset column. Focus on acquiring assets, not increasing income.
If you'd never heard any of those four things before RDPD, and you took them to heart after reading RDPD, the book was worth the price of admission. Shoot, it would have been a bargain at 5 times the price. If you've already started a business, then it's a waste of time.
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