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Rich Dad's Guide to Investing Abridged

Rich Dad's Guide to Investing Abridged

List Price: $17.98
Your Price: $12.23
Product Info Reviews

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Rating: 5 stars
Summary: Create Your Investment Plan to Overcome Stalled Thinking
Review: As in Rich Dad, Poor Dad, this book has the delightful story line of advice from the father of a friend who became a very wealthy man before his death -- leaving his family well set financially for 100 years! I think it's that base in reality that makes these books so interesting.

One of the best ways to learn is to have a successful mentor who will guide us through the key challenges of getting started. This book is designed to duplicate the experiences that the author had his his rich Dad. For example, the key questions that rich Dad asked him are at the end of each section for you to answer for yourself. I found my answers to be revealing, even though I have been through a lot of similar sets of questions. Well done!

The story line picks up after the author is coming out of the Marines in his twenties to find his boyhood friend already wealthy from his own efforts.

The financial advice parts of the book are tied into helping you pick up a meaningful financial plan. You begin by deciding what you want money to do for you. That's an excellent thing to do. Some want security. Some want more income. Others want substantial wealth that keeps growing. You should decide. Some books make the mistake of pushing you to choose a goal that really isn't what you want. Rather than push you in a particular direction, the book emphasizes key principles (compound cash tax-free, create assets with your mind as well as with your money). The author notes that each of us has preferences that will take us in different directions for implementing whatever our goals are. I liked that approach a lot.

You will recognize a lot of the diagrams from Rich Dad, Poor Dad. But it is good advice, so it doesn't hurt to have the repetition. This part is fairly compact, so you can skim through it if you feel confident about the material.

This book would be outstanding as a gift for someone who is about to graduate from school and starting a first job, or for newly wedded people. It would be even more valuable if you would be a mentor for the person you give it to, like one of your children or grandchildren.

If you get to be good at this now, think how great it would be to be the rich Dad for your children and their friends. Now that's an irresistibly great goal!

Enjoy the riches you would like to have, for the reasons you would like to have them!

Rating: 5 stars
Summary: A book for the committed and humble!
Review: I find this book a real excellent one, best of the three. They have tactfully described the complex issues in a reader-friendly style. For those who think they know it all, think again, thus the title of my review. This book is truly inspirational and I have benefitted much from it.

Rating: 1 stars
Summary: Yet Another Reason to Short the S&P
Review: The manic desire of lower and middle class Americans to become rich Americans is not only ugly to watch; it's also a dangerous sign that too many people are spending to much time watching CNBC and the stock market. It's really quite easy to accumulate money - spend less, earn more, save more, buy common stocks, blahblahblah. Kinda like losing weight, but easier. The much harder and more interesting question is how to lead your life, and I bet there are better ways to spend your time than reading this book.

Rating: 5 stars
Summary: Another home run
Review: A great follow up to his first two books. A must read for everyone who wants invest wisely. A few topics are repeated from his previous books but that is to stress his point...

Rating: 5 stars
Summary: A must read
Review: With the markets volatile across the world, inflation heating up and interest rates increasing this book is the best balance for interested investors. kiyosaki's rule: the investment is not the risk,it is the emotions of the investor that is the risk say it all.

Rating: 3 stars
Summary: Rich Dad's Guide to Investing : What the Rich Invest in That
Review: Nothing much additional from RDPD and CQ. The idea is still the same. I don't think many people can grasp the idea easily.It is worth buying but not for everybody

Rating: 5 stars
Summary: I am now a successful investor! Thank you Robert and Sharon!
Review: I have read many books on investing and picked the ears of mnay successful investors as well as so called experts. But aside from Peter Lynch's excellent books, I have never found so much powerful information as I did in Rich Dad's Guide to Investing.

Robert Kiyosaki and Sharon Lechter have produced another winner right where Rich Dad Poor Dad and Cashflow Quadrant left off. This is must reading for investors who want to make money, not just circulate it.

Rating: 1 stars
Summary: Would you PLEASE bottle the end!
Review: The writing of this book is horrible. There is no flow and the stories repeat themseleves over and over. There are fluff lines like "I nodded" or "rich dad nodded" over and over to where you think you are in the movie Groundhog Day. There is NO specific advise in this book. It is all amorphous generalities with no point. I was expecting some math formulas, graphs, real-life examples and/or philosophy (such as investor patience, etc.) It just seemed to drag without ever going anywhere. The overwhelming premise of this and the other Rich Dad books are "saving and investing, going to school and working for a corporation" are for suckers. I know plenty of people who are well-off who have done one if not all of the three things above. This book preys on the lazy, ignorant and disenfranchised. If you want a guide that will help you no matter where you are in life financially read "Rich in America" by Jeff Maurer. Also for those of you that do not know, in 1992, Kiyosaki wrote a book called "If You Want to Be Rich and Happy, Don't Go To School"? It is "dedicated to Ralph H. Kiyosaki, former Superintendant of Education, State of Hawaii, the best teacher I ever had." This would be "Poor Dad." But Rich Dad Poor Dad, which came out in 1997, says pretty clearly that "Rich Dad was the best teacher he ever had. It seems like he not telling the truth about something.

Rating: 5 stars
Summary: good info
Review: some very basic sound financial advice. got me thinking about where i was going with my life, and a couple of years later i'm on my way to following his principles. not enough advice and how to implement them, but a good starting place nonetheless.

Rating: 2 stars
Summary: You have got to be kidding me????
Review: I stopped reading the book within the first couple of chapters because it was so boring and redundant that It actually lost me as a reader. I was turned off immediately. I gave it two stars because at least it was motivational.


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