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Rich Dad's Guide to Investing: What the Rich Invest in That the Poor Do Not!
 
 
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Rich Dad's Guide to Investing: What the Rich Invest in That the Poor Do Not! [Paperback]

Robert T. Kiyosaki
3.2 out of 5 stars  See all reviews (12 customer reviews)

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Product details

  • Paperback: 528 pages
  • Publisher: Time Warner Paperbacks; New edition edition (1 May 2003)
  • Language English
  • ISBN-10: 0751533165
  • ISBN-13: 978-0751533163
  • Product Dimensions: 19.6 x 12.8 x 3.4 cm
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (12 customer reviews)
  • Amazon Bestsellers Rank: 167,948 in Books (See Top 100 in Books)

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Robert T. Kiyosaki
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Product Description

Product Description

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - two fathers. One father (Robert's real father) was a highly educated man but fiscally poor. The other was the father of Robert's best friend - that dad was a college drop-out who became a self-made multi-millionaire. RICH DAD'S GUIDE TO INVESTING, the follow-up to the bestselling RICH DAD, POOR DAD, reveals the secret of how the wealthiest people become wealthier by revealing some simple investing secrets and explaining how anyone can enjoy cash benefits merely by knowing where and how best to invest their money. The author's nuts-and-bolts approach to personal finance and understanding the real earning power of money has gained him a huge following, particularly as he knows all his knows from first-hand experience. Once so cash poor that he and his wife were forced to sleep in their car, today the Kiyosakis are multi-millionaires and highly sophisticated and experienced investment experts..

About the Author

A 4th-generation Japanese American, Kiyosaki was educated in New York before joining the U.S. Marines and serving in Vietnam as a helicopter gunship pilot. In 1977 he founded a company producing Nylon and Velcro 'Surfer' wallets which became a multi-million dollar business.

Inside This Book (Learn More)
First Sentence
My rich dad appreciated Italian economist Vilfredo Pareto's discovery of the 80/20 rule, also known as the Principle of Least Effort. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Customer Reviews

Most Helpful Customer Reviews
20 of 20 people found the following review helpful
By Anom
Format:Paperback
I have some sympathy with some of the poor reviews for this book, but i still award this 4 stars.

Yes, this is not a book that will make you a million overnight: There are no instant action points that will automatically put you on the fast track...and the comment that the first million dollars are the hardest to make is rather gauling to read if you're currently skint.

However, what this book does do is give you a long-term philosphy to investment and running your business. From this 30,000 feet view, it is very handy framework to have in your mind. i personally found this useful as it plans out the mid-game of a person's business/investment career (with a million already in the bag). This, i strongly believe, is useful to know even if you are at the beginning of your career as it's important to have a map of where you are going. As rich dad says, u gotta have a plan....

Now, I suggest my fellow reviewers below did not pick up that nuance and were frustrated that there was no magic pill that could make them rich overnight. I share their frustration - it's hard to overcome that urge to find the secret that will get you rich overnight and its always disappointing when u don't find it......but that is the heart ruling the head....the level-headed person should constantly remind themselves that this business game is a marathon and not a sprint and this book will help with some (but by no means all) of the bigger waypoints on the journey

In short, this is a book for understanding the big picture of investment and business strategies. If u want a get rich quick book, then I'm afraid you will be disappointed....
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11 of 11 people found the following review helpful
Format:Paperback
I read book this immediately after reading "Rich Dad, Poor Dad", the first in the series of Rich Dad books. Rich Dad's Guide To Investing continues the central concept of comparing his biological father ("Poor Dad") to his best friend's father ("Rich Dad") as a means of contrasting how the Rich and the Poor differ in their attitudes towards money. In the first two-thirds of the book, Kiyosaki repeatedly hammers home the point that one of the first steps to achieving great wealth is a change in one's attitude towards money and indeed, how to make money. He emphasises the need to build a business and become an investor in business rather than work as an employee. It's similar stuff to the (perhaps eye-opening) first book but it doesn't hurt to read it again, especially if your attitude towards money is more aligned with that of Poor Dad. And for me it's this that makes it worth reading.

On the negative side, and admittedly this may be a symptom of reading two of his books back-to-back, things get very repetitive; the book really needn't be 500 pages long. At the end he descends from the high-level lessons and actually goes into some of the specifics of how to take a company public! It smacks of gloating as nobody considering taking a company public would be reading this book for advice, especially since at the time of writing, Kiyosaki had never (and maybe still hasn't) taken a company public before. I also grew to dislike his writing style, perhaps because some of the concepts are over-explained and therefore at times you feel like he's talking to you as though you were a child.

Two other things that irritated me: Firstly, the ceaseless promotion of his own board game that he developed with the 'noble' mission of elevating everyone's financial literacy (or words to that effect. The game is nobly priced at almost $200!). And secondly, the pointless interjections from business partner Sharon L. Lechter which serve only to interrupt the flow of the book.

On the whole it's worth a read but don't be afraid to but it down when it starts to get tough going towards the end - you're better off picking up your next book.
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47 of 50 people found the following review helpful
By A Customer
Format:Paperback
This starts in similar style to the previous books. However, I kept asking "So what?" Your first million is the hardest to make. "Well, I don't have a million (surprise, surprise), is there anything you can do to help me get it?"

And the answer is...not really. The sort of things it suggests is more the sort of thing that Rich Dad 2 is about.

Some interesting things at the end of the book about how to take your company public, which should only cost a half a million or so.

So, basically, this book is about "You build a company - you own a company - you get $200,000 a year or more income - then I've got some more advice."

Until you do have $200,000 a year, or until you have read Rich Dad 2 and wanted the next stage, I wouldn't get this book. At least I got it for half price (thanks to Amazon).

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Most Recent Customer Reviews
Fantastically quick delivery
Fantastically quick delivery to me. I was emailed at each stage with the seller letting me know what was happening.
Published 13 months ago by Nicolas
Not as good as the first one...
In my opinion, the first book is brilliant and I cannot recommend it enough to anyone who wants to be rich or at least understand more about the differences between the rich,... Read more
Published on 18 Jan 2010 by Mr. M. D. Jackson
Learn Robert Kiyosaki Ways to Invest, Build Assets to Create Wealth
Robert Kiyosaki is the most influential person in financial education in the world, he educates people to become multi-millionaires and to be rich. Read more
Published on 21 Dec 2009 by Shannon
Rich Dad's Guide to Investing: What the Rich Invest in That the Poor...
The book was interesting and informative. I hope to use this book as a guide to Investing.
Published on 31 Aug 2009 by Mrs. C. A. Pilgrim
Perhaps the strongest of Kiyosaki's books so far - a must read.
As a student of investing I found this book extremely helpful. Perhaps the strongest of all of Kiyosaki's 'Rich Dad' books so far, this book explains complex issues around... Read more
Published on 18 Jun 2009 by Book Maven
roberts obviously milking it now
i really enjoyed his first book, missed the second one and decided to buy this.

it became clear to me about two thirds of the way through that robert was repeating... Read more
Published on 25 Mar 2009 by the_dude
Guide to Investing? Where is the guide?
This book kept beating around the bush. I gained absolutely nothing from this book. To say I am disappointed is an understatement. Read more
Published on 5 Jan 2008 by S Law
RICH DADS GUIDE TO INVESTING
TO READ THIS BOOK IS A WASTE OF TIME AND MONEY .IT TELLS YOU VIRTUALLY NOTHING ABOUT INVESTING.EXCEPT HOW TO WRITE RUBBISH AND MAKE MONEY OUT OF IT.
Published on 31 Dec 2004 by TGSTEER
Very Good (first half though)
I am a recent graduate with so many debts, fortunately for me, I have a job.
This book has helped give me the attitude I need to handle my money the right way. Read more
Published on 30 Oct 2003
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