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Binding: PaperbackDewey Decimal Number: 332.02401 EAN: 9780446677462 ISBN: 0446677469 Label: Time Warner Books Manufacturer: Time Warner Books Number Of Items: 1 Number Of Pages: 403 Publication Date: 2000-06 Publisher: Time Warner Books Studio: Time Warner Books Editorial Review: Amazon.com Review: The rich are different from the rest of us, if for no other reason than U.S. tax and securities laws allow them to invest in ways that keep us from catching up to them. That's why 90 percent of all corporate shares of stock are owned by 10 percent of the people. Kiyosaki believes it's possible for anyone to move up into that 10 percent, but it takes a different view of investing than most people have: it takes a plan to be a successful investor. And a plan is more than simply buying and selling, or collecting "assets" that bring in no cash and are thus more akin to liabilities. The way most people invest, "they might as well be pushing a wheelbarrow in a circle," he writes. A plan is "mechanical, automatic, and boring," a formula for success that has worked historically for most of those who've used it. Kiyosaki's "rich dad" (actually, the father of his best friend) tells him the simplest analogy is the game Monopoly: buy four green houses, trade them for one red hotel, and repeat until you become rich. The overall message of Rich Dad's Guide to Investing is that this is an abundant world, full of opportunity for the sophisticated investor. However, it sometimes takes a while to find this point. Much of the book is told in dialogues between young Kiyosaki and his rich dad, and these conversations can ramble. There are rewards for the careful reader--for example, in the middle of a section on the basic rules of investing, Kiyosaki's rich dad compares investor education to toilet training: difficult at first but eventually automatic. But getting to these inspired metaphors means wading through a lot of repetitive dialogue. It's a bit ironic that someone who advocates investor discipline should show so little as a writer. But by the end of the book, even the rambling starts to make sense. By the hundredth time you read that the rich don't work for money, and that you don't need money to make money, both concepts start to make sense. It still looks difficult to apply these ideas, but Rich Dad's Guide to Investing certainly makes the case that they'll work for anyone bold and smart enough to practice them. --Lou Schuler Product Description: With 16 priceless lessons that reduce risk through proper planning, this powerhouse guide removes the mystique from successful investing by helping readers switch from thinking poor to thinking rich. Average Rating:
 Rating:  - Yawn. The Only Rich Dad Book That I Didn't Like I have read most of the books in the Rich Dad series, and this last one has been on my bookshelf for seven years. I finally read it this week, looking for some insight into the current (10/10/2008) stock market and financial crisis. This book was harder to understand and less complete than the other books in the Rich Dad series, and the chapters on the different classes of investors was basic to me, but that is probably because I've attended a half-dozen Rich Dad seminars over the ... Read More Rating:  - Robert Kiyosaki is the Columbus of the business worldI like Robert Kiyosaki's idea of an eight-part model for a business. He calls it the BI Triangle, which says that a business is a system of systems. The BI Triangle is a big leap forward for all aspiring entrepreneurs. It establishes finite boundaries on what it takes to run a successful business. As far as I know, no other writer has been able to express these boundaries so succinctly. The BI Triangle's power comes from its unprecedented combination of comprehensiveness, finiteness and ... Read More Rating: - Good Book! Very informative and interestingI really liked this book. If you liked Rich Dad, Poor Dad, then you should get this book. It is very informative and interesting. Rating: - Kiyosaki oppened my eyesRich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! Robert Kiyosaki has openned my eyes: after being 15 year working for several companies as Corporate Treasurer, Senior Operations Controller and responsible for starting-up several buisness units for my employer, I finally was inspired by Kiyosaki's Guide to investing and how you can create your own money, creating assets without buying them, going through a transformation process "trash to ... Read More Rating: - Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not!Excellent book for starters on the way to financial freedom or people who would prefer to be inspired by common sense approach intellect that provides a base to slingshot their financial freedom and start getting out of the rat race |
