Man, I'm an investing n00b if there ever was one, but I really want to punch this guy in the throat
. If anyone wants fodder for their despise, see http://finance.yahoo.com/expert/article ... cher/30687
. Why mutual funds are dumb and risky.
Granted, there are snippets of truth, like how a lot of your gain pads the pockets of account managers. Yet he NEVER ever mentions index funds, never mentions MF with low ER's. He talks about how silly retirement saving is because, if you're young, you're in a low tax bracket and you might be in a high one when you take it out, but never talks about Roth's or any of the other benefits of tax-advantaged accounts. He never even proposes a solution except to sit down with someone who can help you figure it out, despite the fact that those people charge you money, just like an MF manager.
The commenters tear him a new one, despite the fact that it's probably like 50% Kiyosaki worshippers reading that article.
Iwillteachyoutoberich.com had a great article on how there are some people out there who know enough jargon just to be dangerous, not to be effective or reasonable. Count Kiyosaki among that group.
I'll stick with reading Eric Tyson. Maybe since he writes "for dummies", he'll find audience with Kiyosaki, who could definitely learn something from him.