Rich Dad's Guide to Investing: What the Rich Invest in That the Poor Do Not! Paperback – 1 May 2003
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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.
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Top Customer Reviews
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....
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).
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 relentless promotion of his own board game that he developed with the 'noble' mission of elevating everyone's financial literacy (or words to that effect.Read more ›
Having read this book, I felt I have been treated like an idiot. Worse still, the author really test my patience, having me guessed all the way through half of the book trying to guess what guidance he can give in respect to investing? Nothing, nada, zero.
Anyway, save yourself a couple of quid, I will just summarise this book in one sentence - Rich man put their money in their assets, poor man put their money in their liablity.
it became clear to me about two thirds of the way through that robert was repeating himself and was straining the subject he was talking about.
yes i do enjoy his style of writing but alot of the information started to become irritating and irrelevant.
the most annoying part was that he started to mention how his cashflow book and game are really helpful. i dont mind but when he begins to mention how it benefits you every 3 or 4 pages it starts to become tedious. (stop selling yourself so blatantly!!!)
the book itself is roberts style of repeating himself to really stamp it into the reader. i can tell you in 1 sentence what you will learn from this book...
become financially literate.
ie. read books on finance etc.
pretty obvious stuff but robert milks it.
buy it for more robert style inspiration, otherwise you wont find anything that new
Most Recent Customer Reviews
Very interesting read. May be buying further books from this author. I cannot say any more about it. thank you.Published on 15 Sept. 2013 by Pat Jackson
A useful addition to my bookshelf. Have yet to read it seriously but I look forward to that very much.Published on 6 Sept. 2013 by john malcolm wildman
Bought this book after deciding to look seriously into stock market investment. A good guide, however take a cautious approach.Published on 30 May 2013 by Serengeti254
Brought as a Gift - Recipient could not put it down. Not YET made a fortune as a result of the readPublished on 25 Feb. 2013 by Abb
Fantastically quick delivery to me. I was emailed at each stage with the seller letting me know what was happening.Published on 3 May 2011 by Nicolas
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 morePublished on 18 Jan. 2010 by Mr. M. D. Jackson