Author Topic: MMM declares bankruptcy!  (Read 11734 times)

dragoncar

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MMM declares bankruptcy!
« on: April 01, 2014, 01:35:10 AM »
Mr. Money Mustache, also known as Robert Kiyosaki, has been selling us a load of crap for years!  According to Forbes Magazine, MMM is just one of more than a dozen fictional online personas that is part of Kyosaki's now-defunct financial advice empire, consolidated under Rich Global LLC.  The very same LLC that recently filed for bankruptcy.  I, for one, cannot in good conscience continue to participate in these fora, knowing full well that the terrible advice posted here will ultimately lead to the financial ruin of many readers.  If anyone wants to continue this discussion, you can find me over at Yahoo Finance.

Peace out.

http://tinyurl.com/92t8u9u

kendallf

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Re: MMM declares bankruptcy!
« Reply #1 on: April 01, 2014, 01:46:11 AM »
This genuinely saddens me.  All of those family photos, presumably taken from stock photo websites.  I wonder if we can track down the woman purported to be Mrs. MM; like the woman who became the "face of Obamacare", I'm sure she's regretting this. 

That "Pete" character's mustache always seemed a bit overdone.

wtjbatman

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Re: MMM declares bankruptcy!
« Reply #2 on: April 01, 2014, 01:53:36 AM »
One wonders who else was duped by this display of ubridled avarice.

It's like I was telling my students the other day, a penny saved is a penny earned. And Mr. MM is no penny in my eyes.

medinaj2160

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Re: MMM declares bankruptcy!
« Reply #3 on: April 01, 2014, 04:15:47 AM »
I am confused....

happy

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Re: MMM declares bankruptcy!
« Reply #4 on: April 01, 2014, 04:18:37 AM »
I am confused....
Clue:check the date

dragoncar

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Re: MMM declares bankruptcy!
« Reply #5 on: April 01, 2014, 04:21:55 AM »
I am confused....
Clue:check the date

Exactly, it's an older article so that clearly raises the question of why we were duped for so long...

Khan

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Re: MMM declares bankruptcy!
« Reply #6 on: April 01, 2014, 04:33:31 AM »
I am confused....
Clue:check the date

Exactly, it's an older article so that clearly raises the question of why we were duped for so long...

Well to be fair, Kiyosaki is pretty accomplished at this sort of thing.

happy

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Re: MMM declares bankruptcy!
« Reply #7 on: April 01, 2014, 04:47:28 AM »
Mmm I have to say I'm not surprised, I've had my suspicions for a while. Was a bit afraid of bringing it out in the open.

NewStachian

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Re: MMM declares bankruptcy!
« Reply #8 on: April 01, 2014, 04:52:13 AM »
I was reluctant to believe the allegations in this post, but after a little independent research I learned it is all true. MMM deceived us into thinking that lowering our costs and saving more would help us avoid bankruptcy, but in reality it just speeds it up.

I will also be browsing Yahoo Finance looking for the best ways to get a car loan if anyone needs me...

soccerluvof4

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Re: MMM declares bankruptcy!
« Reply #9 on: April 01, 2014, 05:05:09 AM »
Mmm I have to say I'm not surprised, I've had my suspicions for a while. Was a bit afraid of bringing it out in the open.
I was reluctant to believe the allegations in this post, but after a little independent research I learned it is all true. MMM deceived us into thinking that lowering our costs and saving more would help us avoid bankruptcy, but in reality it just speeds it up.

I will also be browsing Yahoo Finance looking for the best ways to get a car loan if anyone needs me...
I am confused....
Clue:check the date

Exactly, it's an older article so that clearly raises the question of why we were duped for so long...

Well to be fair, Kiyosaki is pretty accomplished at this sort of thing.


You got me for a sec... I read the heading and then the posts before the article :-)

happy

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Re: MMM declares bankruptcy!
« Reply #10 on: April 01, 2014, 05:12:38 AM »
Quote
You got me for a sec... I read the heading and then the posts before the article :-)

Just think carefully, the message is subtle, its easy to misconstrue.

SnackDog

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Re: MMM declares bankruptcy!
« Reply #11 on: April 01, 2014, 05:19:09 AM »
Would it really matter to us if it were true?  Is he truly a messiah?

NinetyFour

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Re: MMM declares bankruptcy!
« Reply #12 on: April 01, 2014, 05:26:43 AM »
Yes, but now he is a bankrupt messiah.

Fletch

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Re: MMM declares bankruptcy!
« Reply #13 on: April 01, 2014, 05:39:35 AM »
I am actually confused-the article doesn't mention MMM, nor does it accuse MMM of being kiyosaki? Maybe I should have my coffee before reading?

NeverWasACornflakeGirl

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Re: MMM declares bankruptcy!
« Reply #14 on: April 01, 2014, 05:40:43 AM »
OMG -- you got me!  Too funny!

Khan

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Re: MMM declares bankruptcy!
« Reply #15 on: April 01, 2014, 05:48:58 AM »
I am actually confused-the article doesn't mention MMM, nor does it accuse MMM of being kiyosaki? Maybe I should have my coffee before reading?

The MMM reference is at the bottom right of your monitor.

oldtoyota

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Re: MMM declares bankruptcy!
« Reply #16 on: April 01, 2014, 06:32:10 AM »
I guess he's just Mr. M now. We should take away at least two.

bmorestachian

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Re: MMM declares bankruptcy!
« Reply #17 on: April 01, 2014, 06:35:31 AM »
I was SO confused by this post. SO confused. SOOO confused. I had the same concerns as others about the article (lack of reference to MMM, etc). I EVEN searched the web to see if this was some sort of well known farce that had completely evaded my detection...

Until I got to work.. And found similar shenanigans...

Kudos... You got me so good.

wepner

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Re: MMM declares bankruptcy!
« Reply #18 on: April 01, 2014, 07:20:57 AM »
April 1st. The one day of the year you can't trust the internet to be 100% honest.

jba302

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Re: MMM declares bankruptcy!
« Reply #19 on: April 01, 2014, 07:34:50 AM »
Mental note - no forum surfing before coffee. Took way too long :(.

Fletch

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Re: MMM declares bankruptcy!
« Reply #20 on: April 01, 2014, 07:37:13 AM »
I was on the same page as bmorestachian- I could tell it was a joke but I was searching the web for some context for how it was a joke.
Obviously you got me too- but I will still blame my vulnerability on a lack of coffee :).

reginna

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Re: MMM declares bankruptcy!
« Reply #21 on: April 01, 2014, 07:42:55 AM »
You mean I have been riding this damn bike for nothing!!

Eric

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Re: MMM declares bankruptcy!
« Reply #22 on: April 01, 2014, 07:53:47 AM »
April 1st. The one day of the year you can't trust the internet to be 100% honest.

Hahahahaha

NeverWasACornflakeGirl

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Re: MMM declares bankruptcy!
« Reply #23 on: April 01, 2014, 08:37:17 AM »
You mean I have been riding this damn bike for nothing!!

I know, right!!??

imustachemystash

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Re: MMM declares bankruptcy!
« Reply #24 on: April 01, 2014, 09:48:30 AM »
Ha ha!  April Fools!  You should check out what Get Rich Slowly posted today.

RMD

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Re: MMM declares bankruptcy!
« Reply #25 on: April 01, 2014, 09:58:49 AM »
The SUV from today's post obviously broke him...

payitoff

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Re: MMM declares bankruptcy!
« Reply #26 on: April 01, 2014, 10:29:00 AM »
OMGGGG my heart was beating so fast reading through this!! Damn April fools!

Cromacster

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Re: MMM declares bankruptcy!
« Reply #27 on: April 01, 2014, 10:36:33 AM »
Ha ha!  April Fools!  You should check out what Get Rich Slowly posted today.

Funny thing about the GRS article...people will read the headline or the first few paragraphs then GO ARRR MAGOD!  Then never make it to the sentence where it says april fools.  For the most part it comes across as a serious article.  A tleast with the MMM article anyone who's anyone know's he laughing the whole time writing it.  MMM is still going to get emails and tweets saying ARRRMAGOD how could you! and he will probably enjoy that part even more than writing it (He's really just the ultimate troll).
« Last Edit: April 01, 2014, 10:41:41 AM by Cromacster »

phred

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Re: MMM declares bankruptcy!
« Reply #28 on: April 01, 2014, 11:54:01 AM »
April Fool to you too

Nords

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Re: MMM declares bankruptcy!
« Reply #29 on: April 01, 2014, 05:20:17 PM »
Quote
MMM declares bankruptcy!
Whew.  I thought this was going to be a thread about litigation from Everest Wealth Management or KISS Trust...

dragoncar

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Re: MMM declares bankruptcy!
« Reply #30 on: April 01, 2014, 05:38:20 PM »
Quote
MMM declares bankruptcy!
Whew.  I thought this was going to be a thread about litigation from Everest Wealth Management or KISS Trust...

Maybe next year I'll think of something more plausible

lifejoy

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Re: MMM declares bankruptcy!
« Reply #31 on: April 01, 2014, 07:13:49 PM »
This made me so happy! Thank you for exposing the truth ;)

payitoff

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Re: MMM declares bankruptcy!
« Reply #32 on: April 01, 2014, 11:10:55 PM »
here's another could be april fools joke ..

CNBC features Deepak Chopra LOLLL

"Finally, he claimed that investing in the stock market can be counterproductive for some who aim to build wealth. "People bet on money in the stock market—they're getting all unhealthy, stressed out," he said. "Recognize that the purpose of money is to enjoy life and have good experiences and not use money to make money ... to make money ... to make money."

http://www.cnbc.com/id/101531979?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=101531979%7CDeepak%20Chopra%27s%20%27secret%27

 

Wow, a phone plan for fifteen bucks!