RichDad PoorDad Legacy Education - Is It worth it?

Question

Hello Everybody

I’ve just attended this 3 seminar From Rich Dad, Poor Dad Legacy in Zurich Switzerland.

To be honest i’ve got mixed emotions about this and i just want to get some more infos and knowledge.

I’ve never made an investment before and im really starting out with 0.

So i dont know if it’s worth it go invest in this kind of education.

Im sure with the next ‘course or training’ i’d invest in i still wouldn’t get the whole information and i’d have to pay more to know more...

But im still asking myself, if it wouldn’t be a good investdment just for the basics and then from there on moving on myself..

Im grateful for every answer..

Thank you

Valentin

Karen F. · Answer

NO! These education seminars are for suckers.  You pay, but you really don't learn how to do it.  And then after you pay, you go and throw your money away on bad investments.  A relative did this - paid for some "teach you how to make millions in real estate investment" course.  Then he went and bought slum properties a couple of hours from home, threw money into them, down the toilet, found out that he couldn't make a penny out of them because the tenants didn't pay rent, destroyed the property, etc.  Finally sold them at a loss, after having poured so much time and money into it.

If you want to learn something, find out if there's a local property owners meetup near you, and start going to every meeting you can.  Lots of old farts who've been doing it forever will be more than happy to share valuable info with you, just for the price of your dinner at the meeting, and a small membership fee.  They'll have much more valuable, relevant info for your area, than would any course you pay for.  And you'll very possibly meet someone whose wife has been nagging him to "sell those properties, already, so we can move to Florida".