| Network Marketing VS Real Estate ?? |
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MattL
Senior Member
Cash: $ 46.85
Posts: 234
Joined: 25 Jun 2005
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You can't really compare the two. It's apples and oranges.
Debt Elimination
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Wed Feb 15, 2006 3:37 am |
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No-Brainer
Senior Member
Cash: $ 83.45
Posts: 986
Joined: 29 Dec 2005
Location: Oregon USA
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| Why compare? |
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Cash Flow Quadrant is a Robert Kiyosaki term. He put out a book on it.
My question would be why not do both?
Since NM is easy to start on a shoestring, use your investment capital for the Real Estate and your time for learning Network Marketing.
Works for me.
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Wed Feb 15, 2006 2:49 pm |
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Jaszbo
Preferred Member
Cash: $ 35.90
Posts: 177
Joined: 03 Jan 2006
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I really haven't been paying attention to the post you've been making, but I just looked at this post today. I see you are a fan of Robert Kiyosaki, the author of rich dad poor dad. Let me give you some advice. Be careful what you read from what he says. He's been featured on an online place I visit and he does post articles here and there, but please becareful what you read about what he writes.
Let me tell you there's no rich dad. Rich dad is 100% made up and he's a fictional character. If anybody in this world could find rich dad he would have been in one of his books. I've personally read 3 of his books and the guy I really think is nuts and is a good writer and tells a great story, so he does well at selling books. He has some great idea and as far as changing the way you think he does a great job, but a lot of his stories are 100% bull.
He was interviewed a few years ago by Smartmoney magazine and they kept bugging him about his so called "rich dad" and he kept ignoring the questions and changing the subject. Then finally he said there's no such person and Robert compared his rich dad to harry potter and admitted it was a made up character to sell his points.
He wrote another book I remember reading years ago called who took my money. He doesn't believe in paper assets much as you probably already know, but he really doesn't think you should have a 401k plan, a Roth IRA or any type of investment that the money sits there. He thinks you should move your money quickly as he says. As you already know he never tells you how to invest except for get into real estate and small business. He'll use key words here and there like hedge funds or making money off of tax liens and tell you he learned it all from a book such as The 16% Solution How To Get Interest Rates.
I one thing I can say that I do like about him is that he does change the way a lot of people think about money and investing and he's a good writer. He's also big into education and recommends reading and learning. Besides that remember he's a book author first and becareful in what he recommends investing into.
I see you are in the real estate section. Do you know that he tells people not to invest in real estate at this moment? Maybe I do agree with something he says
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Mon Feb 20, 2006 5:10 am |
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