My Lakbayan grade is C!
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Created by Eugene Villar.Tuesday, August 21, 2007
Wednesday, August 8, 2007
who is ronjie?
have i told you about this recently created blog? there are new posts there, too. find out, who is ronjie? :D
Wednesday, August 1, 2007
[Book Review] On Kiyosaki's Rich Dad, Poor Dad
This will sound negative, but I lay it down on the table here on my blog, hoping to generate some reactions and discussions. Oh but I've forgotten if I've said this before. But I wanted it "written down," so here it is.
During the first time I read Rich Dad, Poor Dad, I felt the same way I felt when I attended this network marketing seminar. The one similar thought that came to mind during each of those two experiences was: what if everyone was doing the same thing because the book or the network marketing company was 100% successful - everyone selling the same product, and so on. Who would buy? That's the problem, at least with some network marketing companies - they're almost nothing more than a membership shopping club.
In the stock market, those who know how to "play" it break some but make more. The rest, they base their decisions on emotions, "tips," the bandwagon, etc. Most of them do not earn from the market, or earn as much as they could. But, what if everyone knows how to play the market? It won't ever move, or it might move up or down so fast - emotions will start to set in again. Feelings of excitement, greed, hope come in.
So really, the question to ask ourselves is: which side of the market are you on? Is what I'm into really what it is? How do things really work around here?
Kiyosaki, as some might say, is not a personal finance guru at all. But certainly, Kiyosaki has been a spark plug in good and maybe also in bad. People love him or hate him. Me, these are the things he has caused me to think. I know now how to play the market. Now, I just have to do it, and learn to control my emotions. Yep, Kiyosaki has caused me to think that.
[sub-labels: CPC books]
During the first time I read Rich Dad, Poor Dad, I felt the same way I felt when I attended this network marketing seminar. The one similar thought that came to mind during each of those two experiences was: what if everyone was doing the same thing because the book or the network marketing company was 100% successful - everyone selling the same product, and so on. Who would buy? That's the problem, at least with some network marketing companies - they're almost nothing more than a membership shopping club.
In the stock market, those who know how to "play" it break some but make more. The rest, they base their decisions on emotions, "tips," the bandwagon, etc. Most of them do not earn from the market, or earn as much as they could. But, what if everyone knows how to play the market? It won't ever move, or it might move up or down so fast - emotions will start to set in again. Feelings of excitement, greed, hope come in.
So really, the question to ask ourselves is: which side of the market are you on? Is what I'm into really what it is? How do things really work around here?
Kiyosaki, as some might say, is not a personal finance guru at all. But certainly, Kiyosaki has been a spark plug in good and maybe also in bad. People love him or hate him. Me, these are the things he has caused me to think. I know now how to play the market. Now, I just have to do it, and learn to control my emotions. Yep, Kiyosaki has caused me to think that.
[sub-labels: CPC books]
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