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More learning tools like RichDad's classic game ?

Discussion in 'Education, Learning, Books' started by Jeff Noel, Dec 17, 2018.

  1. Jeff Noel
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    Jeff Noel Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey guys,

    My recent push to finish reading TMF book in a week made me challenge myself: read 1 book a week.

    My book for the week (while waiting to receive my Can't Hurt Me book) is Rich Dad Poor Dad. I'm already halfway through it.

    I've been playing the RichDad's Classic game online today and I really enjoyed it. I know it doesn't teach the nitty gritty, but it explains a lot of the major stuff... it sparked interest in Real Estate for me, making me realize that I don't need to have the cash flow (I can take a loan) to acquire RE assets.

    Is there more similar resources, games (physical, Android, etc), or other medias that can teach me similar subjects ?

    I used to thrive in stock market simulators at high school, but I know they were far from real life (no transaction fees, etc.).

    Any input/suggestion will be appreciated :)
     
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  2. MakeItHappen
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    MakeItHappen Silver Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    I enjoyed playing Capitalism 2 a couple years ago.
    You can start companies in real estate and retail. Later on you can go into distribution and manufactoring.
    You can sell/buy back shares of your company at an stock exchange and also aquire competing businesses.
     
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  3. ZCP
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    ZCP Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    'cashflow for kids' is solid for the younger ones....
     
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  4. Get Right
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    Get Right Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Flipping stuff on craigslist is the best real-world teacher in my opinion.
     
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  5. ZF Lee
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    ZF Lee Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Or freelancing. Just doing simple writing jobs for clients can teach you lots of things, for starters.

    When you have a feeling that you can do more than that, it's time to move up.

    Long ago, I tried the RD online game as well. Here's what happened.

    Much of the time was gambling though...there was nothing to research the stock companies on. I just bought low and sold high at price levels that I was comfortable with. I lucked out one too many times haha.

    I tried buying real estate with and without loans, but the results didn't really differ.

    Not exactly the best game to teach you how to get wealthy. A 10-year old would benefit greatly from it though.
     
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  6. jpanarra
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    jpanarra Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I second this.

    Although, I saw this in another thread. You can go to aliexpress or alibaba and find a interesting product and maybe something you might buy yourself. Post a picture of it on craigslist or facebook marketplace, see how many requests you get to buy it (tell them you sold it already and haven't taken it down). Leave it up for a day or two.

    See which one gets the most requests and then import a sample size, 20-30. Post it and sell it, use the money to order more... rinse and repeat until you can brand it and sell it on amazon/ebay... rinse and repeat... make your own website with the new brand... sell the business... WIN!
     
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  7. andyhaus44
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    andyhaus44 Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I've heard nothing but great things about this. Heard it is better than Capitalism 2 --
    ENLIGHT STORE
     
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  8. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I would love to put together a game, just haven't gotten around to it. Sounds like it would be fun to create.
     
  9. jpanarra
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    jpanarra Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    You got a customer standingby.. would love to have some influence of this mindset on my kids
     
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  10. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Thank you! Yea it's on my list of things to do as another passion project. Would be so fun to create and mastermind. The production part of it, probably not so much.
     
    Jeff Noel, andyhaus44 and jpanarra like this.

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