Re:Ask HN: How can I use money to make money?
by yunohn on Sunday June 12, 2022 @01:33AM
(#31711726)
Maybe you can provide some detail for this counter view? Otherwise it’s just confusing what to believe.
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Re:Ask HN: How can I use money to make money?
by unmole on Sunday June 12, 2022 @02:11AM
(#31711946)
Let's see:
- He discounts the (financial) value of education
- Deliberately muddles the definition of an asset and a liability
- Suggests commiting tax fraud and participating in insider trading
- Fails to offer any actually good investment advice
Re:Ask HN: How can I use money to make money?
by joemazerino on Sunday June 12, 2022 @07:17AM
(#31713645)
The entire premise of Rich Dad, Poor Dad is to move from the ES (Employment, Service) side of his ESBI equation to BI (Business, Investment). This is sound financial advice. You're also confusing tax deferral with tax fraud. Nothing he wrote is illegal.
Re:Ask HN: How can I use money to make money?
by mbrodersen on Sunday June 12, 2022 @08:34PM
(#31719662)
Yep agree. The negative reviewer clearly didn’t get it.
Re:Ask HN: How can I use money to make money?
by mbrodersen on Sunday June 12, 2022 @08:27PM
(#31719613)
Have you even read the book? It sounds as if you either didn’t read it or simply didn’t get it.
Re:Ask HN: How can I use money to make money?
by unmole on Sunday June 12, 2022 @08:30PM
(#31719632)
Which specific point in my comment do you take issue with?
Re:Ask HN: How can I use money to make money?
by mbrodersen on Sunday June 12, 2022 @08:40PM
(#31719714)
All of them. I get that you don’t like the author. OK that’s fine. But every single counter argument you make is false.
Re:Ask HN: How can I use money to make money?
by yunohn on Sunday June 12, 2022 @04:36AM
(#31712833)
Thanks for the clarification! I will steer clear of this book then.
Re:Ask HN: How can I use money to make money?
by foobarbaz33 on Sunday June 12, 2022 @06:57PM
(#31719050)
You might want to take everything with a grain of salt. The book. And the criticism of the book.
Re:Ask HN: How can I use money to make money?
by mbrodersen on Sunday June 12, 2022 @08:36PM
(#31719672)
The negative reviewer clearly didn’t get the book or for some reason dislike the author. The counter examples are simply false.