Rich Dad's Guide to Investing: What the Rich Invest In That the Poor and Middle Class Do Not!
T**N
Investments easily understood
Starts of extremely honest, easy to read, comprehend and apply to real life situations. Great book for a first time investor, or even a long time invester; has every point of view. I am an elder, never was educated on investment, was referred this book, what a great choice. Definitely recommend. Great value for price, for this information is truly priceless.
D**R
Easy and enjoyable read
The setup of this book is nice. It's chapter has a review section with questions and explanations. This is something that should absolutely be taught in schools. No I have purchases other book on investing. I hope it's as good. I would recommend this especially to teenagers who need to learn while they're in high school how to handle their money and how to make money.
B**L
Definitely a step up from Rich Dad, Poor Dad.
This book was very insightful. A lot of the tips and information I found helpful. I feel as if there is a lot of negative views on the author for his methods preached. People are entitled to their opinions, but I found the information in this book helpful.
L**S
Teach this to your kids -- and yourself!
Kiyosaki's tale about rich dads and poor dads is a great story version of one of the most basic and fundamental axioms in the world of finance, namely that funds should be deployed to income producing assets rather than personal consumption. The American culture of personal consumption is deeply ingrained and ultimately very destructive of personal wealth. The distinction between assets that grow in value and produce income (e.g., real estate investments, dividend-paying stocks) versus those that consume income and represent liabilities (personal residences, cars, boats, etc.) is both simple and profound. One of the worst financial sins is to borrow money at high interest rates to buy depreciating objects (cars/trucks). Not only is the opportunity to invest those funds lost but future income is obligated to debt service. For those who fall for the slick advertisements, it is a little like the old joke about not realizing your throat's been cut until you nod your head!This book should be carefully read in a quiet environment with ample time for reflection on the many good points. I wish I had read it when much younger, but it's never too late to start utilizing the principles set forth in this marvelous volume. Incidentally, one does not have to subscribe to the many fee-based services offered by the website and organization that has sprung up from this series. The ideas are there for use without additional charge. Happy trails.
B**.
Good book
I like the author.
M**M
After reading his third book, you're ready for his website
I am a big fan of RK so take this with a grain of salt if you hate the guys guts.First off, I've been studying money books for almost two years. Most of them were for the middle class which told you to play it safe and diversify. Answers were little and fear was great. Basically, if you had a lot of time, you could at least retire adequately from those books.So then I found RK last May and what a change! This was exactly what I was looking for: not people who couldn't walk the talk but people who had done it and done it well. Understand that RK and his wife lost most of their money and had to live with a friend (it's in their second or third book) but there's no shame in this per se as some people feel. This guy is basically telling you about his mistakes, at the risk of being attacked, and letting you avoid them.I've played CASHFLOW 101 about 30 times and moved on to 202 and have played it about a dozen times now. THe group I am with is positive and training their minds to see the invisible. One guy has already started to do r/e deals in Calif and while he is still looking around in a tough market like the Bay Area, he's moving along.RK's books are really about opening your mind to the possibilities as cliche' as it sounds. Once you decide to specialize in a particular investment vehicle (i.e. real estate, MLMS, stocks, etc), you will need to get the information from other sources.In RDGTI, RK covers how he got started in investing. Now, some of this information will be out of your league unless you want to become a big time rich person but the most important thing is learning how he thinks. When you know he thinks, that will help you even more so in your future investments.The important things RK's books do is give you smidgens of various fin. vehicles and, more importantly, teaches you to believe that the possibilities are out there.Let me stress that again: the possibilities ARE out there. The problem is: most Americans have trained their mind to believe there are very few and they cannot get them so they repeat this vicious circle. That's the biggest problem I've noticed since training my mind and learning.You've got to believe and you have to start seeing the possibilities: or, seeing the invisible as RK calls it. Once you start doing that, you're on your way.After this book, check out his audio casette series RICH DAD'S GUIDE TO FINANCIAL LITERACY (advanced) or YOUR FIRST STEPS. You can also check him out at RICHDAD.COM . . .or, you can get these items for less at ebay or your public library or half.comThe important thing isn't so much as where you get it but that you use it, learn it and apply it.REVISION NOTE AS OF 09/05/03: I am at a loss for words as to why the RK books are getting slammed on Amazon. These are the books I started with two years ago, which inspired me to be more and never work a day job again. Since then, I won't say I haven't lost money but I've made more money and things are only looking up. Additionally, I've gotten involved with a group of other investors, who were all inspired by those books. In fact, if it wasn't for the RK books, I and my other colleagues wouldn't be on our ways to financial freedom.So, when people slam RK and tell me it doesn't work, I just shake my head and realize that these are people who are living in their delussions. Everyday I'm surrounded by people who have accepted their financial cages and think things are too good to be true. Until they change their perceptions of abundance and money, they will forever be constricted.I used to think like that and had a dead end day job. Now, I'm making more than ever and, in less than five years, I plan to be financially free.Good luck to those who keep an open mind.
V**A
A must read for aspiring entrepreneurs
As I am finishing up this book, and I can say with confidence that out of the first 3 books in the Rich Dad series (Rich Dad Poor Dad, Cashflow Quadrant, and RD Guide to Investing) that this book is by far the best one. I can tell that Robert has put a lot of care and attention into writing this book and does an amazing job at making complicated financial subjects simple enough for anyone to understand. There is minimal fluff and Robert conveys a genuine desire to teach his knowledge and wisdom to the reader in a way that is both engaging and easily digestible. I am sure that anyone with a willingness to learn can appreciate this book for what it is : A guide to building your financial independence.
C**N
excelente libro
definitivamente en estos tiempod de informacion esta en nuestras manos cambiar nuestra vida y hacerla abundantesolo debemos cambiarnos a nosotros mismos, hacer un plan de accion y ejecutarlo
S**M
Great book
This book started me on mybfinance and personal business journey, I would highly recommend!
K**
Best book on investing
This book has all the information covered regarding investments. Go for it. It is worth. And the most importantly author has explained everything clearly.
G**N
Llegar puntual enhorabuena Amazon
Mi gustado porque llegar puntual es unaregalo para una persona muy querida👍Enhorabuena. Enhorabuena Amazon😊😊😊
A**S
Guide to investing.
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