Why is Robert Kiyosaki still posting articles for Yahoo Finanice?
The man is a fraud. Plain and simple. The only money he has ever made was from selling books with trite and meaningless financial advice. He claims to be a real estate tycoon but no one can verify anything he says. No one knows where his properties are. He claims to be part owners in several companies but searching corporation records yields no result containing his name. His articles on yahoo finance are at best trite and at worst downright wrong. He gives people bad advice, he toots his own horn and not much else. Why does Yahoo continue to soil thier finance section with Mr. Kiyosaki's drivel and tarnish the reputations of the other experts that post along side him? What can we do to make Yahoo get rid of this snake oil salesmen? http://www.johntreed.com/Kiyosaki.html
Public Comments
- Surely there is at least one good thing you can say of a self made millionaire who at the very least is exposing the fallacy in thinking that working all your life trading hours for dollars will never lead to a decent retirement. Once I heard him say if you do nothing else buy a second home and rent it out. What great advice are you offering your fellow man? Please focus on enriching lives not tearing people down or at least target those that are really worthy of condemnation by making money from scams.
- Kiyosaki's columns contribute to misunderstanding and ignorance in the realm of finance. His writings are repetitive, and if not repetitive, contradictory, and if not contradictory, ignorant. How ironic for a man (self-)promoting financial education. Who knows...Yahoo! Finance may be in the unfortunate position to have entered into a contract with the fellow. Hopefully they take their own rating system seriously, and drop this con-man at the first opportunity. So what is better? To boycott his columns altogether, because we know better, or to analyze them critically and post warnings to everyone else when he errs? The worthlessness of much of his work should be self-evident, and I trust that any discriminating reader will be able to identify a fraud (or at least, bad bad advice based on misinformation) when it presents itself. Cheers, J C
- I agree. He is a moron. He says that mutual funds are for losers and 401k plans are crap. This guy has no education and he is trying to teach us about financial investments. Granted, he may be rich, but he did not get rich off his BS real estate and business ideas. He got rich from selling his retarded books which other idiots buy in hope of getting a 100% guaranteed get rich plan. If you want to be rich like him, come up with a catchy title for a motivational book and put unoriginal ideas in it.
