Robert Kiyosaki Unloads on Dave Ramsey

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[wzssjnl]

You never know who’s swimming naked until the tide goes out. - Warren Buffet

[Aurelius]

Dave owns all of his real estate outright. The banks probably own most of Robert’s real estate.

[fernandonarrias]

Also... Dave Ramsey doesnt say "dont buy assets" he says "dont do it on debt"...

[robertgibson]

Robert Kiyosaki and Dave Ramsey are addressing two completely separate audiences. Consumer vs Commerical debt. (ie..disadvantageous vs advantageous debt) I'm not certain why individuals remain determined on intertwining the two ideological perspective.

[derekathomson]

Dave Ramsay givee people in bad debt, a simple to folllow system to clear their worst debts first, and clear all debt eventually. His system is good, and he is an honest, no BS guy who cuts through the nonsense. He does a lot of good.
Most people won't have large cash sums to buy property, and so Rob and Robert's "good debt" borrowing works great, but that doesn't make Ramsay an idiot.

[MaxWraith]

“Dave Ramsey recommends you buy bonds.” Seriously? Dave hates bonds. He only recommends growth mutual funds or real estate. Look, building a business on debt is very risky and requires a lot of discipline and knowledge. Most people aren’t capable of being successful that way.

[jamesathome]

I used to love his advice. Recently I watch Robert’s interviews . He is become too intense and crazy. I think once you have too much money he becomes out of line and disrespectful to others at all

[inthamix]

A billion in debt, cursing and giving the middle finger= this guys a awesome role model.

[mosquitofleetfishing]

He’ll be calling Dave Ramsey when the banks start calling his notes 😂

[ecc]

I really like Robert Kiyosaki's financial education, but Dave Ramsey is the man. Dave Ramsey addresses behavior modification & has helped thousands of people get control of their finances. "You shall know a tree by its fruit". Dave Ramsey is a billionaire with absolutely no debt. He owns 700, 000 million of debt free real estate & probably about the same amount in mutual funds. He is a principled & honest man, donates more than 10% of his income to worthy causes & has a great family life with 3 successful children. Robert Kiyosaki on the other hand has produced different results. It is unclear what his net worth is, he is very evasive when he is asked a question. He is divorced & has no children to continue his legacy, he often comes across as bitter, lonely & unhappy. No doubt hIs financial advice is great, but I will stick with Dave Ramsey's as a role model, His advice leads to a better & more peaceful life.

[lordkev]

For context, RK net worth is $100mil and DR is $200mil with no debt

[chessmaster]

He is still on his Ramsey Baby steps while others are debt free!

[REL]

I’m following Dave advice all the way to the bank!

[gymjunkiecrypto]

Roberts like an old record still rambling the same out

[SK-scee]

Kiyosaki made up the whole thing about having a poor dad and a rich dad. Made it all up.

[inertiaforce]

Warren Buffett doesn't leverage Berkshire. That should tell you all you need to know about debt.

[ONLYKUDWE]

You'll never convince me that having debt is better than no debt. I am fully on board the Ramsey train. Shaved the head and drank ALL the kool-aid😂.

[Frank]

Also dave ramsey says: A millionaire is somebody with a net worth of
at least $1 million. It's a simple math formula
based on your net worth. When what you
own (your assets) minus what you owe (your
liabilities) equals more than a million dollars,
you're a millionaire. That's it!

So unless Robert Kiyosaki owns more than a billion dollars worth of assets, he's broke.

[defyingfinance]

“I have a masters degree.” “Yeah, I have an MBA… major bank account.”

[adambowling]

I remember had to buy the book when i was in school because they wouldnt give it out to the kids. Goes to show you the American School System is Horrible. College is not bad (if your in the right program) but High School was awful.