Comments on: “Rich Dad, Poor Dad” Author gives Investing Advice http://www.richdadwisdom.com/2008/12/rich-dad-poor-dad-author-gives-investing-advice/ Layman's view of Kiyosaki "Rich Dad, Poor Dad" and his other works. Fri, 26 Nov 2010 16:12:16 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: BlueCollarDollar.com http://www.richdadwisdom.com/2008/12/rich-dad-poor-dad-author-gives-investing-advice/comment-page-1/#comment-11163 BlueCollarDollar.com Fri, 05 Dec 2008 13:46:11 +0000 http://www.richdadwisdom.com/?p=465#comment-11163 Robert is breathing rarefied air. There is no mention of credit access in Robert's advice. Commercial lending has become quite expensive these days and has gained the same risk factor as non-commercial borrowing if not more so. While jobs are good indication of how well an economy is performing, and the latest job number is bound to get worse as the months roll past, the risk as seen by lenders is just too high for the average speculator to tap. It is an unusual moment in the country's history where no investment is possibly a better investment. While "smart partners" are a plus you might find them much more apprehensive when the risk is not easily determined. Good financing, as I mentioned, will be very costly financing, and good management of the property, while important is not always as consistent or easy to quantify and if it was, the property may not be for sale in the first place. Robert is breathing rarefied air. There is no mention of credit access in Robert’s advice. Commercial lending has become quite expensive these days and has gained the same risk factor as non-commercial borrowing if not more so.

While jobs are good indication of how well an economy is performing, and the latest job number is bound to get worse as the months roll past, the risk as seen by lenders is just too high for the average speculator to tap.

It is an unusual moment in the country’s history where no investment is possibly a better investment. While “smart partners” are a plus you might find them much more apprehensive when the risk is not easily determined. Good financing, as I mentioned, will be very costly financing, and good management of the property, while important is not always as consistent or easy to quantify and if it was, the property may not be for sale in the first place.

]]> By: ?Rich Dad, Poor Dad? Author gives Investing Advice | Robert Kiyosaki Blog http://www.richdadwisdom.com/2008/12/rich-dad-poor-dad-author-gives-investing-advice/comment-page-1/#comment-11159 ?Rich Dad, Poor Dad? Author gives Investing Advice | Robert Kiyosaki Blog Fri, 05 Dec 2008 06:05:44 +0000 http://www.richdadwisdom.com/?p=465#comment-11159 [...] He also stresses the importance of financial literacy. Read more: ?Rich Dad, Poor Dad? Author gives Investing Advice [...] [...] He also stresses the importance of financial literacy. Read more: ?Rich Dad, Poor Dad? Author gives Investing Advice [...]

]]> By: ?Rich Dad, Poor Dad? Author gives Investing Advice | Cashflow Blog http://www.richdadwisdom.com/2008/12/rich-dad-poor-dad-author-gives-investing-advice/comment-page-1/#comment-11158 ?Rich Dad, Poor Dad? Author gives Investing Advice | Cashflow Blog Fri, 05 Dec 2008 05:40:10 +0000 http://www.richdadwisdom.com/?p=465#comment-11158 [...] the original post: ?Rich Dad, Poor Dad? Author gives Investing Advice a2a_linkname="?Rich Dad, Poor Dad? Author gives Investing [...] [...] the original post: ?Rich Dad, Poor Dad? Author gives Investing Advice a2a_linkname=”?Rich Dad, Poor Dad? Author gives Investing [...]

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