Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I have some idea of the theory that Mr. Kiyosaki has written about. However, I have only skimmed portions of the book "Rich Dad Prophecy". Mr. Kiyosaki seems like a sort of "Chicken Little" to me. He says that the "sky is falling" (stock market is in trouble). I would disagree with him and say that it is more likely that the overheated real estate market, which Mr. Kiyosaki used to make his riches, is more likely to have a fallout than the stock market will in the next decade.

And even if the stock market falls some because of more people cashing in their 401k plans, it will be a great opportunity to buy in at historically low p/e ratios until equilibrium between sellers and buyers occurs.

Just my two cents.

Eric
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement