• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 50,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

Rich Dad on the economy

Discussion in 'General Entrepreneur Discussion' started by tchandy, Mar 8, 2008.

  1. tchandy
    Offline

    tchandy Contributor Read Millionaire Fastlane

    Messages:
    460
    Likes Received:
    94
    Joined:
    Aug 16, 2007
    Location:
    Kansas, for now
    Rep Bank:
    $125
    LAbull and Jeffs07 like this.
  2. Jeffs07
    Offline

    Jeffs07 New Contributor

    Messages:
    53
    Likes Received:
    14
    Joined:
    Feb 24, 2008
    Location:
    Rockingham NC
    Rep Bank:
    $69
    Great article! Rep +

    I epically love this: "Instead of heeding the warnings of the markets, the incompetent and irresponsible get bonus checks. "
     
  3. LAbull
    Offline

    LAbull PARKED

    Messages:
    32
    Likes Received:
    0
    Joined:
    Sep 22, 2007
    Location:
    SoCal
    Rep Bank:
    $34
    That was a good article.
    Although the last paragraph is somewhat a cop out answer in my opinion.

    He is correct and it's good advice but how about addressing some sort of resolution for everything he so easily pointed out to be wrong.

    If he did have the power of the president (Rich Prez) what would he do?
     
  4. LAbull
    Offline

    LAbull PARKED

    Messages:
    32
    Likes Received:
    0
    Joined:
    Sep 22, 2007
    Location:
    SoCal
    Rep Bank:
    $34
    The person who does not buy silver coins now that Rich Dad told them to.... :iagree:
     
  5. jimculler
    Offline

    jimculler New Contributor

    Messages:
    63
    Likes Received:
    3
    Joined:
    Sep 14, 2007
    Location:
    Tampa Bay, FL
    Rep Bank:
    $83
    Great point.

    You forgot the realtors and mortgage brokers that encouraged people to buy a 300k value home when they could hardly afford to pay bills where they were.

    Stated income at 100% financing with a 550 credit score (or higher) was the craziest program ever. Literally everyone I know that insisted on buying this way has foreclosed for obvious reasons.

    Of course back in the peak, you were unpopular for telling these people to buy a smaller home, or putting money down when they purchased.
     
  6. Jeffs07
    Offline

    Jeffs07 New Contributor

    Messages:
    53
    Likes Received:
    14
    Joined:
    Feb 24, 2008
    Location:
    Rockingham NC
    Rep Bank:
    $69
    The sad thing is I'll bet several people will go out and buy silver after reading his article. After all forget due diligence, rich dad said to!
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page