Quote:
Originally Posted by LostinPhilly
I recently went to a Rich Dad, Poor Dad workshop in my city and I'd like to get your opinion on this investment strategy.
Although I wouldn't call it a "scam" per se, but I don't think I need to pay 1000$ for a 3-day training just to learn how to "borrow money-buy property-refurbish it-sell", flip homes or buy and rent property.
For those of you who attended one of these workshops, what did you think of it?
|
Rich dad is a fictional character marketed as being a real person.
The books teach some good common sense, but the workshops are designed to hustle money out of people hoping to escape the working class. I read the books while I was in college and it helped me develop a good sense of how to use money, but his workshops are designed with another business that just subcontracts scam artists that don't know a thing about doing business.
Of note: The author was not rich prior to writing the book, despite his claims about making millions in real estate. Research has shown he was actually a man of only fairly modest wealth prior to generating $80 million through his book writing and workshop business.