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Rich Dad, Poor dad..now a bankrupt dad!!
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McReggae
#1 Posted : Thursday, October 11, 2012 10:47:32 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Lost $24M in judgement
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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bwenyenye
#2 Posted : Thursday, October 11, 2012 11:56:15 AM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Wololo...... Something is terribly wrong about Americas 'land of dreams' It seems the wealth is always on rotation... leo ni wewe kesho mwenzako..d'oh! d'oh! d'oh! d'oh! d'oh!
I Think Therefore I Am
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McReggae
#3 Posted : Thursday, October 11, 2012 12:03:32 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
It seems strategic though!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Impunity
#4 Posted : Thursday, October 11, 2012 12:11:13 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Sasa whom do we trust to give us financial advice?
If such authors can go Bankrupt then sijui nifanyee!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Mukiri
#5 Posted : Thursday, October 11, 2012 12:21:59 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Impunity wrote:
Sasa whom do we trust to give us financial advice?
If such authors can go Bankrupt then sijui nifanyee!!!


Bibilia

Proverbs 19:21
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Liv
#6 Posted : Thursday, October 11, 2012 12:23:13 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311


Robert Kiyosaki is not brankrupt, a company Rich Dad in which he's co-owner is. Robert Kiyosaki has more than $50 million in his bank account not counting his assets and Learning Annex can't touch that.

- Bernard Ology , Kampala, Uganda, 11/10/2012 09:34

I don't think he's poor. The bankruptcy thing is just a way to avoid paying. Kiyosaki knows how to shield assets and minimize liabilities by using corporations (they're in his books).

- Jeron Perombchang , HK, Hong Kong, 11/10/2012 09:33
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jaggernaut
#7 Posted : Thursday, October 11, 2012 12:23:48 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
Impunity wrote:
Sasa whom do we trust to give us financial advice?
If such authors can go Bankrupt then sijui nifanyee!!!


Filing for bankruptcy is a clever way to shield his assets. It's one of the tricks the rich employ as detailed in his book. He's just following his book's advice to the letter.
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2012
#8 Posted : Thursday, October 11, 2012 12:29:49 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Selective reading. You forgot to read the bold part.

The financial guru behind New York Times bestseller Rich Dad, Poor Dad has filed for bankruptcy on one of his companies after losing a $24 million judgement.

BBI will solve it :)
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wanyee
#9 Posted : Thursday, October 11, 2012 1:09:23 PM
Rank: Member

Joined: 7/17/2011
Posts: 627
Location: Mbui-Nzau, Kikumbulyu
He is the American modern day "mganga kutoka tanga" ..anatibu umaskini ..shida za kiroho, kisonono na nguvu za uzazi ..muhaaaaaaaahhaha a :) \0/ kinyozi hajinyoi..mganga haji gangui. salaaala.Laughing out loudly d'oh!
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maka
#10 Posted : Thursday, October 11, 2012 1:31:36 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Mukiri wrote:
Impunity wrote:
Sasa whom do we trust to give us financial advice?
If such authors can go Bankrupt then sijui nifanyee!!!


Bibilia

...tried and tested
possunt quia posse videntur
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