Personal Finance
Rich Dad, Poor Dad, or Ape dad?
By Growing your tree of prosperity  •  November 19, 2023
It's been quite a while since I had a conversation about Rich Dad, Poor Dad by Robert Kiyosaki. The book had an enormous influence on Gen X but for dubious reasons. It centres around a false dichotomy, where you can learn from Poor Dad and then live a life of indentured servitude as an employee, or you can follow Rich Dad and run a successful business empire. According to the book, my actual dad would be a Rich Dad. The chain of pet shops he founded still exists today, but my dad's primary mode of wealth creation was real estate. My dad sat on a piece of landed property and resisted all of his friend's suggestions to sell it and propelled himself to multimillionaire status while his pals languished after spending all the proceeds from selling their landed property. Along the way, he bought and sold some properties in JB with mixed results....
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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