The turn off for us was when tehy spent from 3 in the afternoon till 7pm trying to sell you the 12k to 67k plans was discouraging. We felt that they took too long to some how convinse us about it. Was a dead giveaway for me and my guest.

another turn off was today toward the end of the day while we got to play cash flow when the speaker came up to us and asked why we hadnt gone up and we said we didnt have that kind of money how in less than a second he left our table without looking back and when leaving shaking his hand trying to say that i enjoyed what i learned he didnt even to bother looking me in the face when he said great. I guess i should of committed. NOT.

I wish everyone luck and wealth for any to pursue their hopes and dreams. for i will try to do it myself. Peace out to all…

This report says it all

Thank You!!

The course instructor spent much of the time trying to bully, insult and sway us into signing up for and paying ridiculous amounts of money for advanced classes($10,000-70,000). And all of this has to be done on the last day in order to get a better rate… which is already way too much money for a 3 day seminar… !!!! Just a drop in the bucket compared to the money you will make with RD “Education” and mentoring. If they are so sure of this, something they keep disclaiming throughout the course and in their literature… why not defer the tuition until we make the money to pay them????

I googled Kyosaki/scam before we went to the free seminar but found nothing… too bad.

Our seminar instructor, Scott Stewart, claimed to be a *very successful* trader, but I could find nothing about him online. He did share a lot of knowledge about trades and trading strategies, his own and the kyosaki system… as well as about his own finances… but due to the crazy stuff(like telling us to increase our credit limits on credit cards, max out our credit and deduct vacations as board meetings in our proposed private trading corporations) who knows what is sound and what is true…??? He also belittled and insulted people who are nøt financially successful and who have previous trading experience, telling 3 traders who attended that they would never be able to be successful with K’s system because of their preconceived notions. I think that much of the information he shared can be found online for free, such as the turtle traders rules which he said they teach in the advanced courses. He said that if we wouldn’t invest $3000 in our financial future( the “tuition” for one of the advanced courses after tax deductions from our “proposed trading corporations”…I’m not sure how he arrived at this number) then we didn’t deserve to be millionaires… lol !!!!!

And tell me why would a successful trader need or want to teach for RichDad? According to Scott, because he loves to teach and share his knowledge and because RK pays him big bucks. But teaching does not include insults and pressure to shell out your money. This would almost be funny due to Kyosaki’s view on education systems which I agree with in part, if it weren’t so reprehensible. Presumably the credit card limit increase was to help pay for the ridiculous price of these 3 day seminars which would make us into millionaires and more? It is important to note that the course prices and access to courses were determined by the size of your portfolio/mutual fund/pension/bank account.

I spoke with a father and son who lived near us… the father has spent $30,000 on real estate courses… I don’t know if he made any profit yet but he said he was investing with the big wigs now and had met K briefly I think. Another woman had lost her money, paid off her debt and was now recovering… I hope that she doesn’t give RD any more money. We were encouraged to change tables and network, especially if we were doing advanced classes… if we didn’t take the advances classes then we would “NEVER” be traders… lol.

My boyfriend and I never did the encouraged private sessions with the advisors, I suspect these are probably designed to see how much money you have, but we did speak with Jose, who said that he had not made a lot of money trading, and that if he had he would be on an island somewhere not here giving a seminar… lol !!! I overheard Scott telling one of the advisors on day two that someone was causing trouble, maybe one of the traders, by telling everyone what to do and could they figure out how to deal with that…NOT A GOOD SIGN !!!!

From what I’ve now researched, I learned that Kyosaki has apparently never made any money in real estate or trading, but in selling books and ware and promotional talks. I also found that Whitney Information Network Inc., one of the companies associated with RichDad “Education” made, according to their financial statements/reports in 2008 $39 million in gross profits. They advise against buying their stock as RD is having a problem with them and may stop association with them and they’re being investigated by the SEC and DOJ. K is associated in some way with Amway and the Morman Church had a warning article about RichDad Seminars… pot calling the kettle black!!!

Bottom line is… these people want your money, they want lots of it, and they’re using time honored sleezy and ugly tactics such as psychological warfare to try and get it… they don’t give a rats ass about your financial future or welfare. BEWARE !!!!