Saving for porn??? Dude havent u heard of kazaa.Jase said:
this will take years!robert kiyosaki does not sell investment strategies and he teaches you not from his books or video tapes, rather it's only when you buy his products that you realise the ideal he is really trying to push through. Being a customer to his various products and i admit his theories are very very fundamental with little technical relevance, but when u realise the fact that you've been continuously ripped off by his 'childish yet eye-opening' theories, you start to think 'why am i still on my bum reading his fantasy stories, while he's making his dreams come true selling his stories', and that's the lesson i learned from his, and one that i fully appreciate.LeftrightOut said:I don't agree with a lot of crap he says, he's also been known to straight out lie about various things. Here's an interesting site that debunks a lot of what he says in his books. it's fairly lengthy but anyone who blindly follows any investment book should read it to see that one strategy will not work for everyone. http://www.johntreed.com/Kiyosaki.html
And then you'll get pulled in for defrauding them.
http://www.oas.org/Juridico/MLA/en/bhs/en_bhs-ext-law-1994.html
http://www.cfatf.org/
The great expat hideaways are slowly being eroded as the countries struggle to enter the world trading and financial arena with bad legislation. A lot of people still think it's the perfect getaway to put money into a swiss/jersey/cayman bank account but really they're mostly rank amateurs when it comes to high stakes money laundering and hiding.
? What definition are you using? what do you consider a stable environment to be? and what is long term? Investing in shares can be a long term thing, ask anyone who bought Berkshire Hathaway shares when they first floated if they regreted not going in and out
I would consider purchasing more shares on a loan than property but then again I favour liquidity and quick access to capital plus larger amounts of diversification. You can buy a lot of different shares for $100,000 you can't really buy a large number of houses for the same price
We live in a consumer society and yes savings are not valued highly in such circumstances. So all you non-conformist rebels should be saving your money to show society how non-conforming you are.
It is well known that he had no publishing empire BEFORE MLM companies started pushing him. That is the reason he pushes MLM as a viable alternative when most other literature would suggest the opposite, he is giving back to those that promoted him when things were not going well. He is using a shotgun approach trying to encompass as many people into buying his stuff in one go as possible and working off of over hyped reviews from people who had no idea that spending more than you make and buying useless items is not a good way of getting rich. If he can manage to get rich from telling people how they can get rich without actually telling them much then good for himjayz said:
it takes a lot to be a full time shyster and stand out from the crowd of others.I guess you must really like your local loan sharks that carry baseball bats when you go looking for loansjayz said:
You'll find once you go over a certain amount of working capital the banks will be more friendly and generous.I can still get out of shares quicker than you can sell a house. Whether it is at a loss or not is irrelevant it's purely the ability to turn it back into cash we are discussing. How would you feel if the housing market crashed and you needed to get your money out and had to wait X weeks to do it at a significant loss? Don't act like the housing market can only go up. In the same manner not all shares will lose you money, if you find your shares have increased in value you can get rid of them that very moment, if you find your house has increased you get to wait for everything to finalise.jayz said:shares doesn't always give you quick access to cash, unless of course you don't have a stop loss margin
i save money, and i endorse saving, only if there's a reason behind it.
Your views and opinions i have no objections to, trusting your own beliefs is certainly one thing i hold nothing against.LeftrightOut said:It is well known that he had no publishing empire BEFORE MLM companies started pushing him. That is the reason he pushes MLM as a viable alternative when most other literature would suggest the opposite, he is giving back to those that promoted him when things were not going well. He is using a shotgun approach trying to encompass as many people into buying his stuff in one go as possible and working off of over hyped reviews from people who had no idea that spending more than you make and buying useless items is not a good way of getting rich. If he can manage to get rich from telling people how they can get rich without actually telling them much then good for him
I guess you must really like your local loan sharks that carry baseball bats when you go looking for loans
Got anymore Doctor Philisms? How about "Life is a marathon, it's not a sprint."
I can still get out of shares quicker than you can sell a house. Whether it is at a loss or not is irrelevant it's purely the ability to turn it back into cash we are discussing. How would you feel if the housing market crashed and you needed to get your money out and had to wait X weeks to do it at a significant loss? Don't act like the housing market can only go up. In the same manner not all shares will lose you money, if you find your shares have increased in value you can get rid of them that very moment, if you find your house has increased you get to wait for everything to finalise.
I endorse saving without a reason, it's better than spending without a reason.
I agree you have very nicely put viewsjayz said:
that's why spending noney can also teach you why you should earn moneyLeftrightOut said:I agree you have very nicely put views
But spending without reason does not teach you anything until you run out of money and need it. Think of all the rich kids who have no idea what money is worth because they were never in the situation where it didn't just come out of the trust fund or family account.
Not if you are in the situation where you always had money. When parents always bail you out then you really don't care that you don't save, until the parents stop bailing you out.jayz said:
true. i admit i am going through a period of reasonless spending and that's not my parents money btw, but then again as long as you enjoy what you've exchanged with the money, it's all good, after all wats the value of money if you don't spend it.LeftrightOut said:
