Comments on: This and That: Getting rich off Rich Dad, “teaser” interest rates and more… http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: This and That: Interest rates, Rob Arnott and more… | MoneySense http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-224744 This and That: Interest rates, Rob Arnott and more… | MoneySense Mon, 07 Jun 2010 12:04:04 +0000 http://www.canadiancapitalist.com/?p=3406#comment-224744 [...] This and That: Getting rich off Rich Dad, “teaser” interest rates and more… [...] [...] This and That: Getting rich off Rich Dad, “teaser” interest rates and more… [...]

]]> By: rp http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209977 rp Mon, 01 Feb 2010 09:19:36 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209977 Re: Latte factor. Make your lattes yourself people! It's $13 for a 2LB bag of Costco branded Starbucks beans. It's $200 for a good expresso machine (not super cheap). Mine is still working after 7 years. It's $30-40 for a burr coffee grinder, you'll get tired of a spinning blades one. It's $5 for an Ikea handheld spinning thing to froth the milk. You probably already have a microwave. With this setup and a I can make a latte in 1 min 20 sec that tastes way better than most coffee you can buy in Vancouver. I drink 2-6 per day and I estimate it to be 30x cheaper. Much better for the environment too. Only problem is milk consumption. Re: Latte factor. Make your lattes yourself people! It’s $13 for a 2LB bag of Costco branded Starbucks beans. It’s $200 for a good expresso machine (not super cheap). Mine is still working after 7 years. It’s $30-40 for a burr coffee grinder, you’ll get tired of a spinning blades one. It’s $5 for an Ikea handheld spinning thing to froth the milk. You probably already have a microwave.

With this setup and a I can make a latte in 1 min 20 sec that tastes way better than most coffee you can buy in Vancouver. I drink 2-6 per day and I estimate it to be 30x cheaper. Much better for the environment too. Only problem is milk consumption.

]]> By: Michael James http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209956 Michael James Mon, 01 Feb 2010 00:26:54 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209956 After seeing the Marketplace piece, it's not clear that Robert Kiyosaki is the bad guy here. He may be, but he claimed that his former partner made a deal with a questionable company and that he is not happy about it. Talk is cheap, but if Kiyosaki manages to extricate himself from the deal and then returns his profits to wronged seminar attendees, I'd be prepared to believe that he is a good guy. However, if he just and waits for the bad press to blow over keeps the money he makes, I'll think the worst of him. After seeing the Marketplace piece, it’s not clear that Robert Kiyosaki is the bad guy here. He may be, but he claimed that his former partner made a deal with a questionable company and that he is not happy about it. Talk is cheap, but if Kiyosaki manages to extricate himself from the deal and then returns his profits to wronged seminar attendees, I’d be prepared to believe that he is a good guy. However, if he just and waits for the bad press to blow over keeps the money he makes, I’ll think the worst of him.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209951 Canadian Capitalist Sun, 31 Jan 2010 22:51:19 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209951 @Dave: I'm not laughing at all. Nor am I ridiculing the people who sign up for these courses. I'm just incredulous that these "courses" cost anywhere between $12K and $45K. That's a lot of money. And I agree that we, the general public, have a responsibility to spread the word and shine a harsh light on these "courses". @Dave: I’m not laughing at all. Nor am I ridiculing the people who sign up for these courses. I’m just incredulous that these “courses” cost anywhere between $12K and $45K. That’s a lot of money. And I agree that we, the general public, have a responsibility to spread the word and shine a harsh light on these “courses”.

]]> By: Doctor Stock http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209945 Doctor Stock Sun, 31 Jan 2010 19:39:44 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209945 I took a quick look through some of those articles... First, no one should be shocked by financial institutions offering higher introductory interest rates on any accounts (or lower for Credit Cards). Second, James is right... value is assessed by those who buy/sell goods (i.e. gold). It's the basis of markets since the beginning of time. Thanks again for some good reads. I took a quick look through some of those articles… First, no one should be shocked by financial institutions offering higher introductory interest rates on any accounts (or lower for Credit Cards). Second, James is right… value is assessed by those who buy/sell goods (i.e. gold). It’s the basis of markets since the beginning of time. Thanks again for some good reads.

]]> By: Million Dollar Journey http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209926 Million Dollar Journey Sun, 31 Jan 2010 13:47:17 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209926 Thanks for featuring my article CC! Thanks for featuring my article CC!

]]> By: Dave From GP http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209899 Dave From GP Sun, 31 Jan 2010 03:14:50 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209899 @CdnCapitalist: There are people out there who can be influenced or bullied into these scams. What I am saying is that the lawmakers of this country do not give a damn about the average joe getting ripped off. It is fine for all us "educated" people here to laugh this crap off, but the fact is there are some very slick people out there who can pull this stuff off and do. The thing is when these things are identified as scams or ripoffs, there is not enough information being passed around and it needs to be. When these seminars come to your town you should be spreading the word. I was scammed myself a couple of years ago. Turns out the guy is wanted in BC, pops up in Alberta under a different name, things get hot, he skips town and is out east somewhere still scamming people, probably under another name. Hard to do due diligence on people who have the system figured and can hide behind shell companies and weak laws that supposedly protect "investors". The police know who he is but can't charge anyone under "buyer beware" cop out rules or can't be bothered because it's only a few thousand bucks. Canada has quite a reputation for fraud due to our weak stance on these issues. http://www.financialpost.com/story.html?id=2261893 Ridiculous. @CdnCapitalist: There are people out there who can be influenced or bullied into these scams. What I am saying is that the lawmakers of this country do not give a damn about the average joe getting ripped off. It is fine for all us “educated” people here to laugh this crap off, but the fact is there are some very slick people out there who can pull this stuff off and do. The thing is when these things are identified as scams or ripoffs, there is not enough information being passed around and it needs to be. When these seminars come to your town you should be spreading the word. I was scammed myself a couple of years ago. Turns out the guy is wanted in BC, pops up in Alberta under a different name, things get hot, he skips town and is out east somewhere still scamming people, probably under another name. Hard to do due diligence on people who have the system figured and can hide behind shell companies and weak laws that supposedly protect “investors”. The police know who he is but can’t charge anyone under “buyer beware” cop out rules or can’t be bothered because it’s only a few thousand bucks. Canada has quite a reputation for fraud due to our weak stance on these issues.

http://www.financialpost.com/story.html?id=2261893

Ridiculous.

]]> By: Sampson http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209844 Sampson Sat, 30 Jan 2010 06:22:20 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209844 I just watched that program on the CBC, here all this time I knew very little about Kiyosaki. Ridiculous. Here's some real estate investing advice, look up positive cash flow in the dictionary, then with $45,000, BUY some property. I just watched that program on the CBC, here all this time I knew very little about Kiyosaki. Ridiculous.

Here’s some real estate investing advice, look up positive cash flow in the dictionary, then with $45,000, BUY some property.

]]> By: This and That: Getting rich off Rich Dad, “teaser” interest rates … | canada News Station http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209835 This and That: Getting rich off Rich Dad, “teaser” interest rates … | canada News Station Sat, 30 Jan 2010 04:18:50 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209835 [...] the rest here: This and That: Getting rich off Rich Dad, “teaser” interest rates … Share and [...] [...] the rest here: This and That: Getting rich off Rich Dad, “teaser” interest rates … Share and [...]

]]> By: Financial Cents http://www.canadiancapitalist.com/this-and-that-getting-rich-off-rich-dad-teaser-interest-rates-and-more/#comment-209825 Financial Cents Sat, 30 Jan 2010 01:38:40 +0000 http://www.canadiancapitalist.com/?p=3406#comment-209825 $45,000????????????????????????????????????????? I didn't hear that on CBC radio today on my drive in, although I did hear a plug for the program. Sounds like something that rhymes with Fonzi :) The PVR is all over it tonight. I'll be watching it tomorrow. $45,000?????????????????????????????????????????

I didn’t hear that on CBC radio today on my drive in, although I did hear a plug for the program.

Sounds like something that rhymes with Fonzi :) The PVR is all over it tonight. I’ll be watching it tomorrow.

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