Robert Kiyosaki, Darren Weeks and a bunch of other idiots are about to get a smacking they deserve.
is doing a spot tonight on their look [edit: here’s the article and promo from CBC] at the Canadian Rich Dad Seminars. There’s an accompanying article on the CBC website here about why they’re calling Rich Dad Seminars ‘deceptive’.
I’ve made myself pretty clear in the past that I think Rich Dad’s workshops are useless, overpriced and nothing more than a non-stop sales pitch. They’re the lowest form of real estate investment education.
There’s a lot of people around REIN who have made the mistake of doing Rich Dad stuff before they found REIN. The consensus of every one of them I’ve talked to is that REIN is in a completely different arena and the RD stuff is worthless. My own experience is limited by the fact that I couldn’t stomach more than an hour of their weeknight sales pitch.
The Canadian Rich Dad stuff has been run by Darren Weeks, and I know of more than a few people who were burned by investments he pitched or was a part of. I only know one person who was willing to talk with me about experiences actually making money with Darren.
I’ll be interested to watch if I can, and I hope people realize that there is quality real estate investment education out there. Yes, it costs you money, but it shouldn’t cost you $40,000.
Interestingly, I also ran across this PBS special about credit card companies and their underhanded tactics. Check it out. (Hat tip to Canadian Capitalist for that one)