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Title: Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! by Robert T. Kiyosaki, Sharon L. Lechter ISBN: 0-446-67746-9 Publisher: Warner Books Pub. Date: June, 2000 Format: Paperback Volumes: 1 List Price(USD): $19.95 |
Average Customer Rating: 3.54 (135 reviews)
Rating: 5
Summary: A must for those who want to be Financially Independent
Comment: This book continues from where Kiyosaki left off in Cashflow Quadrant, his 2nd book in the trilogy (now complete with Rich Dad's Guide to Investing).
In his 1st book Rich Dad Poor Dad, Kiyosaki addressed the differences in mindsets between the Rich and the Poor. Then, in his 2nd book Cashflow Quadrant, he spoke on the 4 quadrants from which one can generate income. To be wealthy, Kiyosaki recommended that we learn to generate our incomes from the "B" (Business-owner) and "I" (Investor) quadrant as opposed to the "E" (Employee) and "S" (Self-employed) quadrant.
In his 3rd book Rich Dad's Guide to Investing, Kiyosaki tells how he got started in his investment journey, starting with nothing, and in fact at one stage, with a negative net worth. Most of us, having read his first 2 books, would have wondered if we could have embarked on our journey to become financially independent without much resource at hand. In this book, Kiyosaki shows how anyone can get started and how it does not take money to make money. He teaches how time is more important than money; how investing in one's self and getting an education and experience precedes excessive cash; how having a plan is more important than being in a hurry to make money.
This is not a book for those who want hot tips and quick fixes. This is a book on mindsets. Kiyosaki plants ideas and provides a road-map. The reader must take the first step and learn to navigate his/her own journey.
What I like about this book, is Kiyosaki's concept of being an Ultimate Investor, a "selling-investor". The Ultimate Investor creates deals and businesses that the public hunger for and are willing to pay a premium to acquire a share of. With the internet, it has never been easier to create businesses and deals which one can take public.
As in all his other books, Kiyosaki's book is worth reading again and again. I would also recommend that one reads Robert Allen's Multiple Streams of Income in conjunction with Kiyosaki's Rich Dad's Guide to Investing.
Rating: 5
Summary: I'm getting rich reading Kiwosaki's books (so can you!)
Comment: I love these reviewers who write junk like "Kiyosaki is getting rich writing books." NO KIDDING! His books sell. So what if he is cashing in on helping other people.
School teachers make a living by teaching. Colleges make money off of you. Why shouldn't people like Kiyosaki.
In fact, writing books has become so popular that certain self publishers are attempting to cash in as well. Unfortunately, some of them only offer regurgitated albeit plagerized material.
For what it's worth, I'm glad that Kiyosaki is writing books. I have certaintly profited as have many others from applying his wisdom. And I hope that Kiyosaki keeps writing more and more books.
Kiyosaki's advice works. For more information, read Rich Dad's Success Stories and ignore these stupid websites that are the internet version of the cheap tabloids sold in supermarket check out lines.
Thank you Robert. Keep those books coming. We love em.
Rating: 5
Summary: Toggle Your Mind Into Riches
Comment: This is a hypnotic book on mindsets. This is a work of art. This is a very dull book. And at the same time this is the best book by Robert Kiyosaki I've read. His method to form an idea is a continuous repeating. He repeats, and repeats again a lot of times. Like a musical composition of minimalism style. Like a Bolero by Maurice Ravel. Again and again. Repeat and repeat.
In his third book "Rich Dad's Guide to Investing", Kiyosaki tells how he got started in his investment journey, starting with nothing, and in fact with a negative net worth. I still like his style of writing and message.
Most of us, having read his first two books, would have wondered if we could have embarked on our journey to become financially independent without much resource at hand. In this book, Kiyosaki shows how anyone can get started and how it does not take money to make money. He teaches how time is more important than money. How investing in one's self and getting an education and experience precedes excessive cash. How having a plan is more important than being in a hurry to make money.
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