RIch dad is a scammer, don’t listen to anything he says
how many people are sitting on negative cash flow properties
right now based on reading his book?

a scammer? hardly. i’m sure there are lots of people who are sitting with negative cashflow properties; and that’s probably because:
a) they didn’t have a relevant team
b) they didn’t have a mentor
c) they didn’t educate themselves enough before taking action

investing is absolutely safe if you know what you’re doing, or if your team is positioned well enough to help you understand what you’re doing.

find a mentor, show him/her you are incredibly passionate about changing your life, otherwise they will see no VALUE in helping you.

your situation can be reversed; mine was.

the problem with his math is he doesn’t tell you how many dollars have vaporized due to de-leveraging.

Stay in pipeline master limited partnerships until the inflation starts, which will take a couple of years. Or you can stay in AT&T or Verizon. As far as $15,000 an ounce, I might win the lottery too. Eventually, eventually we’re all dead. Remember when people were saying Dow 30,000 in a few years? In a Mad Max world of hyperinflation, there are few safe investments, except a lot of food in your house. The government can forbid the private use of gold. Sure you can keep it, but not exchange it for cash or transfer it, except to the government at their price. Don’t forget that the US is the only military superpower, and will be for quite some time yet. It can get away with a lot, that other countries can’t. I learned in Katrina that a bunch of hungry, desperate people do exactly what they are told to do by groups of armed cops. The government has the army who will be kept well fed just like Max and the N. Korean army.

I’ve never heard of ‘rich dad’ until now. I will stick with rich mum – me -and good gold man Jim Sinclair. Good luck to anyone who trusts book sellers. You’ll need it.

He like the other financial gurus on Yahoo finance is clueless. Robert Kiyosaki likes to post predict and quote Warren Buffet.

Cinda,
You may not agree with him on properties, and using debts to acquire these properties. However, don’t be scammed either by Federal Reserve Bank which is not a bank, not American, has no reserve and has the sole authority to print US Dollars.

Please confirm what RK and Maloney said with other advisors. Deflation (reduction in money supply) is not going to happen, and hyperinflation (ridiculous increase in money supply) is a fact. This you can go to the fed’s website to confirm, at least the fed’s graph is the same as Maloney’s.