Comments on: Robert Kiyosaki Says You Should be Worried if You Are Counting on the Stock Market for Retirement

By: dom

dom — Sun, 11 Oct 2009 07:22:17 +0000

Basically, what Robert said is spot on. Look at gold to DJ now, getting closer and closer to 1….. and that means hyperinflation round the corner. Go Fed print that money!

By: dom

dom — Sun, 11 Oct 2009 07:21:10 +0000

Basically, what Robert said is spot on. Look at gold to DJ now, getting closer and closer….. and that means hyperinflation round the corner. Go Fed print that money!

By: adam sandlter

adam sandlter — Wed, 04 Mar 2009 22:10:40 +0000

Ummm – did you eat your words now??? March 2008 DJIA 6000

By: Robert Kiyosaki Writes Something Else I Agree With - Assets Don’t Make You Rich : Generation X Finance

Mon, 12 Jan 2009 16:34:16 +0000

[...] the past, and back in March of 2007 before the stock market really started to crumble, he said that people shouldn’t invest in the stock market if they want to save for retirement. But today, he wrote something over at Yahoo Finance that I do agree [...]

By: Brian

Brian — Tue, 07 Oct 2008 16:45:06 +0000

Well- today is 10/7/2008, things are dire and have changed. So much for the rally of the market. Brian

By: Jeremy

Jeremy — Tue, 30 Sep 2008 16:30:17 +0000

Right, Drew. Because the stock market has never gone down before and this is a completely new experience. I guess Warren Buffett really is a fool.

Please take note of the heavy sarcasm.

By: drew

drew — Tue, 30 Sep 2008 16:11:41 +0000

Thanks for your brilliance, Jeremy.

I cannot believe how right you were about Robert’s incompetence.

Please take note of the heavy sarcasm.

By: Rob

Rob — Tue, 31 Jul 2007 01:47:27 +0000

Kiyosaki delivers advice that is not really advice at all. It is more accurately COMMON SENSE! Or at least it would be common sense had there not been a concerted effort by our Federal Governments, U.N and other elite organisations to reeducate, and deeducate, and fabricate B.S. doctrines and theories which are excuses for the financial, monetary global chaos that is occurring before our very closed eyes. Gen x has got to be the most confused and lost generation to come along in a very long time. To our credit, it is not entirely our fault, although I must say that it is very discouraging to read the comments on these pages which clearly exemplify the errors in our thinking. To be clear, I am not defending Kiyosaki. All modern book writers are writing books to make money, not educate. Nobody cares about education anymore, in fact education is seen as the enemy, despised and shunned. We live in an era of specialization- tunnel vision really- “Don’t attempt that auto repair yourself, you need a PROFESSIONAL to do it. Don’t fix that toilet you need a PROFESSIONAL to fix it. Don’t sell your home yourself you need a realtor. Get yourself a Class 1 drivers license and you are a PROFESSIONAL driver….LUDICROUS!!!!!! You are as we all are, HUMAN BEINGS not machines! Specialization creates ignorance! Ignorance of other professions, ignorance of tasks outside our field of expertise, ignorance about Government lies, specifically with respect to history and economy and our mortal enemy INFLATION and HYPERINFLATION. Inflation rewards those who come first, in our case the Big Booming Baby generation, otherwise known as the Baby Boomers, at the expense of those who come later- GEN X. The Entitled mentality of the BIG BOOMING BABIES has created an entire soon to be Elderly population of Adult children. All their lives they have suckled at the breast of Mama Government, and now WE get to pay their bills! This is the underlying cause of the inflation. Look at the government debt clock, look at the rate of currency expansion since 1971. Look at the past presidencies with particular attention to Nixon and Roosevelt. Look at Clinton’s term in office. Everyone talks about the wonderful economy of the Clinton years but they fail to ask where did all the money come from during those supposed wonderful economic years? Find out what they did, think for yourself and do not consult a PROFESSIONAL to tell you how to interpret their actions. Think for yourself. Oh and for those who aren’t sure, a house is a liability unless it’s purchase price is less than 4 years gross personal income. Why? Because of the way a mortgage is structured with the majority of your payment going to interest. It is nothing more than merely a place to hang your hat, that is all, and an expensive one at that. It is not a magical mystical money pumping machine, that is just a temporary effect of the recent debt and credit orgy signed sealed and delivered to us by Mama government to keep the party going for the Big Booming Babies a little while longer. The failure of the stock market to deliver wealth is yes you guessed it structurally flawed as well. In a nutshell, a Corporation is a person with no body, no soul, no flesh, not even an image. A corporation is nothing more than a figment of the overactive imagination of corporate psychopaths which is used as the fall guy when it is time to pull the rug out from under the shareholders feet! The board members don’t go broke! The CEO, Officers and Directors don’t go broke, they walk away with your money. It is the corporation which goes broke!!

By: Weekend Personal Finance Review

Weekend Personal Finance Review — Sun, 25 Mar 2007 18:01:49 +0000

[...] might have saved the best for last. Gen X Finance critiques Robert Kiyosaki’s assessment of the equity market. Kiyosaki takes a couple of recent hot investments like gold and oil and says that the Dow [...]

By: KMC

KMC — Wed, 21 Mar 2007 20:19:08 +0000

What kills my about Kiyosaki and his ilk is that he talks so much that eventually something is going to be right. It’s especially funny when they stretch with stuff like the graph. Yep – gold is up a zillion percent and there’s a stock market crash.