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Well to be honest with you, these people obviously know something we might not. I've been to one of Robert kiyosaki's seminars and he did actually make a lot of sense of what he was talking about. Donald and Robert sometimes tour together but that's usually for huge events I believe. I guess all you can do is take what you can get out of it and as soon as the seminars over run for the door. "Why" you ask? Well let's just say if you don't escape in time you will be coming out of there with a hand full of stuff and a hole in your wallet. Robert gets into how to eliminate a lot of the liabilities that effect us financially. Believe or not, if you have a home and you still pay a mortgage on that home it is considered a liability. You ask why it's a liability? Well anything that takes money out of your pockets( including seminars; I know first hand, sheesh!!!) is considered a liability. I can see the logic behind that. One of the biggest liabilities are brand new Cars in my opinion. Those suck the life right out of you. Just do the math. You have to pay full coverage on it, the interest for financing the car, the price of the car itself, and once your warranty is over forget it. Dig a hole and jump in it. If you have a foreign car(like me, 1996 Audi A-4 Quattro) things get a lot worse. The repairs are costly. I had one ball joint snap in my car and to repair both sides cost me $700.00. IF I HAD TAKEN IT TO THE DEALER IT WOULD HAVE BEEN A LOT WORSE!!!!! Anyway, as I was saying, These are some of the things these seminars might include. And as far as the forclosures go, it's a good thing for the one who thrives off of the deal, but the poor sap who opt to have a variable mortgage rate, is now kicking himself in the ass for taking that bait. Boy was that a scam. My brother called me to let me know he was buying a home. I was happy for him, but the minute he said he was going to get a variable interest rate on that mortgage I almost shot him!!! Fortunately for me, I just started to take a real estate course in college( Real Estate 105) and knew a little bit about that. I have my home lock in at a 6.00% interest rate. So in essence you do take a lot with out of these seminars, just makes sure it isn't to much books and Cd's. YOU WILL BE PAYING FOR IT!!!! I hope I didn't throw this thread off track. My apologies if I did.
RICKO
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