Why We Want You To Be Rich

http://www.moneybags.com.au/default.asp?d=0&t=1&id=5160&c=0&a=0

From what I read in the journal, they basically say mutual funds are not the way to go, and that 80+% of people investing in 401k will never get rich that way either.

Not sure how different it will be from all the other "get the author rich" books, but glancing at the topics and the eyedropping statements, it should be an interesting read.

Thanks

This guy gets rich by selling book to people who think they can get rich.

I dont know about that Kiyosaki guy.

He tries to oversimplify some complex concepts, leading him to give bad advice at times. He is a charismatic character, which has helped to sell millions of books, but I dont recommend taking his word as gospel.

His is mutual fund advice is simply bad advice. Also, his definition of "asset" vs. "liability" is oversimplified and is flat out wrong in some cases.