Meshio.com - a Malaysia personal finance blog - Latest Comments in Mr Frugal’s Take on Robert Kiyosaki

Re: Mr Frugal’s Take on Robert Kiyosaki

Richdad — Mon, 30 Mar 2009 23:27:13 -0000

Robert Kiyosaki is emphasizing on the passive income and make the money work for you. I think his ideas are logical even though it is hard to implement.

Re: Mr Frugal’s Take on Robert Kiyosaki

yowchuan — Fri, 04 May 2007 05:16:59 -0000

Well said, Aw- "Be good in whatever you do!"

I couldn't agree more on that statement. Yes, doing a half-assed job, I sincerely and honestly believe, will get you half-way there.

Reading books is a good way to understand what other people are thinking, but it doesn't mean that we should follow whatever they preach. Always understand the intention behind each action you take, and that itself is a good way to know whether you are on the right track or not.

Re: Mr Frugal’s Take on Robert Kiyosaki

aw — Fri, 04 May 2007 04:52:05 -0000

Yow Chuan: ah, a fellow Buddhist! I'm fairly new to the teachings of Buddha myself, and I'm comfortable with the fact that it's the only religion that encourages you to ask questions instead of accepting everything based on "faith".

Re: Kiyosaki,

1) I have friends who worked hard and graduated from Ivy Leagues (on scholarships), then had US$200K jobs 2 years after college. That's almost RM700K, *before* bonuses, which for 2006 some companies gave 15 months' bonuses. So E is not always bad. I think the truer maxim is: be good at what you do. That way you also get emotional satisfaction! (I cringe at how some Mercedes and BMW owners on the road look quite unhappy)

2) His books are pretty vague and lightweight. Asks you to invest in real estate and stocks/options, but never gives you the full and correct details. I look at my mom (and a lot of other older folks), and I'm amazed how she already put some of Kiyosaki's "principles" into practise without even knowing who he is. So it can be said most of it is common sense?

Re: Mr Frugal’s Take on Robert Kiyosaki

yowchuan — Tue, 16 May 2006 06:53:54 -0000

Hey Dave, for a while there I thought you sounded like someone I knew...

â€œBelieve nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.â€?

-Buddha

Re: Mr Frugal’s Take on Robert Kiyosaki

David — Mon, 15 May 2006 09:55:18 -0000

My advice would be to never take anything as gospel. Do the research, get more than 1 opinion, and make the decision based on ur deductions. It's not full proof but at least u know you did ur best. Shit happens sometimes...