Rating:  Summary: Not good for slow readers Review: If you are a fan of "Buy and Hold", "Dollar Cost Averaging" or "Mutual Fund Investing" you probably won't like this book.If you are pre-programmed to think in terms of 5%-10% annual returns, conventional contemporary types of investing,. then this book is not for you. Or if you are the type that turns your money over to a broker, financial planner or other fiancial person with a sigh of relief and think "Here you watch my money for me." This book is definitely not for you. On the other hand, if you are open minded and welcome a fresh, different approach and perceptive enough to catch on, this book is for. Also suggest "Rich Dad's Prophecy" now in paperback to make the most out of your investments in the next decade.
Rating:  Summary: A bit too slow.... Review: After reading the first two books in the Rich Dad Poor Dad series, i just wanted to read the 3rd one. Naturally, i read fast but i found myself reading about 3 other books in between. It was a bit boring to me, with a lot of repetition also, and i skipped a lot of pages in the first 150 pages. But in all, its a nice book and i'll still refer to it over time.
Rating:  Summary: Too Slow Review: If you have enough time to read this massive book go for it. In my opinion it's way too slow. After i got to page 100 i was gettin bored. I ended up just skipping around to sections that interest you. The book has pretty good content but there is way too many pages. It should be about 150 page book, but Robert tends to drift off and repeat some things 10 times in a row. There is some stuff though, so if you have nothing else to read go for it.
Rating:  Summary: Mostly Garbage; A Few Good Points Review: This is a poorly written book, IMHO. Here is what I didn't like about it: 1. Countless times the author spends entire pages on the other products he sells. Even with this much discussion of them, they sound rather silly. 2. The book leads the reader to think "Rich Dad" is going to reveal some really profound secrets later on in the story. Instead he only reveals basic business concepts about how corporations gets funding. He only covers the very basics on this. You can get much more information from a real business textbook. 3. Kiyosaki is too focused on saving money by creative tax schemes. He suggests that writing off personal expenses as business expenses is part of the key to becoming wealthy. 4. Kiyosaki recommends network marketing schemes. 5. Kiyosaki says debt is good if it is on an asset that is earning more money than the cost to service the debt. He says people need to take risks and expect to make a few mistakes in business. He never talks about what those risks mean to an individual or a family in debt. If a business funded by personal debt fails, it can mess up your life. 6. The book is negative toward Poor Dad for believing in hard work, advance degrees, and a steady job. The problem with Poor Dad in the story, however, was *not* hard work, advanced education, or being an employee. What led him to financial trouble was that he spent all the money he made and counted on his job being there. I agree with Rich Dad that starting a business is better than being an employee and that advanced degrees aren't necessary to succeed. I'm only saying that these things did not cause Poor Dad's troubles. Here is what I did like about it: 1. Sharon's notes contained a few good tips. When juxtaposed with Kiyosaki's portions, she comes off as brilliant. At times it felt like her comments were there as a disclaimer that some of Kiyosaki's ideas were illegal and bad business advice. 2. He encourages the reader to think of new business ideas. He encourages the reader to be alert for business opportunities. 3. Kiyosaki stresses the importance of sales in all business. It's easy for people in other fields to forget about sales thinking the world will beat a path to your door if your product or service is excellent. In reality, sales and marketing are required to bring buyers and sellers together. 4. Kiyosaki says the main value of a job is to gain skills and experience to start a business, not a paycheck. I really agree with this. I agree with the tenor of the book of keeping your mind open to new ideas that could make money. I agree with the idea of never counting on a job to take care of you. I think Kiyosaki is too dismissive of basic values such as hard work and too eager to start a business without giving enough thought to the business model. I suspect this is to get the endorsement of the network marketing world, which is trying to sell their system. People who are on a mad dash to start "a business" will be more receptive to buying a pyramid system than someone who believes in creating real businesses. While the book has some value, I don't think it's worth wading through all of the plugs for his other products, sophistry about how owning a business solves all problems, and needless dialog between Rich Dad and Kiyosaki.
Rating:  Summary: repetitive Review: while i find kiyosaki's (RK) earlier 2 books (rich dad/poor dad and CF quadrant) very motivating and helpful in changing my mindset, i am finding his message repetitive. there is nothing substantially new in this book. pleasant fun inspiring reading, but bottom line: vague generalities, nothing that can specifically be used, other the motivational stuff. it's kind of like crack, it's a hard habit to get off reading his stuff, but, in the end, i think his advice is awfully dangerous stuff. i became rather skeptical of what he was writing when he started strongly pushing multilevel marketing (MLM) towards the end of CFQ, truly slimy stuff that MLM. looking into this guy's story some more, i'm learning that this guy's book only started taking off when Amway started pushing it, thus he feels he owes them something. then there's all this stuff about the rich dad being a fake. people who have looked into the story can't figure out who he is. he has said rich dad died, then changed his story that he is still alive and in hiding. people in hawaii have tried to figure out who rich dad is, but basically it seems that either the guy is a figment of RK's imagination, or the accomplishments of "rich dad" have been widely overstated. RK also tried to pass it off that rich dad was a "composite" of several people he knew. after that, i lost all respect for this guy, he's really just another Carleton Sheets. people who have tried to research RK's real estate dealings (all supposed to be on the public record) state that his records can't be found, and RK's answers to specific seem to be extremely evasive. his statements in his books about his real estate deals seem to be very exaggerated, possibly completely fictional. this guy is a quack, his books are how he makes his money now. that said, believe it or not, i would STILL recommend the first book in his series(RD/PD) for the general financially uneducated public (like me), because it is STILL a good book, from the point of inspiration. of course, i didn't know he was such a quack at the time. anyway, i'll never buy any more of this guy's products, he's stolen enough money from me. i regret buying this last book.
Rating:  Summary: Ugghhh... Review: This book was recommended by a teacher, but am now questioning their logic and obvious lack of research ( something I always like do). Not only have I come to a conclusion about what another investor "quack" this guy is..but even more suprised a person like Oprah should know better and check the background and facts of their guests before letting frauds on her show..a ratings ploy for sure. Real shocker. C'mon O, your better than that! This book was popularized not by merit, but by Amway (MLM company) and it's marketing "shout it to the world" ploy. I have no need for this stuff, and I'm sure some people are going to get hypnotized by the wishful thinking, vague ideas and let downs of education. That in itself is very dangerous. The author should of been happy to have a great dad like his own, instead of knocking him down. Shame on him! It's too bad you can't give a book -5 stars, b/c misleading people and buying into this hype is dishonest and impractical, and geez, investing in overpriced products is a sure fire way to start investing!
Rating:  Summary: Skip it Review: Just ask yourself this: How much can this book actually reveal regarding "how to invest" when the author is selling several high priced "how to invest" products on his website? Like many authors in the past, Kiyosaki's goal is to get you to buy one of his many overpriced products (e.g. "Cashflow" for $200). This book simply has no substance. I give it two stars because for some people I imagine it will be motivational. Hopefully that motivation will push readers to read a more substantive book rather than purchase an overpriced Kiyosake product.
Rating:  Summary: Only one worth reading Review: This is the only book in Kiyosaki's series that is worth reading - it captures the ideas in all his other books so you don't have to waste your time and money on his long-windedness. Some of the ideas may change your outlook on money and investing, but don't hope for any specific advice - there are none. Also, be discerning in whether or not you choose to adopt his advice - remember that his aggressive approach to entrepreneurship did cause him to be broke at 45 - a fate not many of us find appealing!
Rating:  Summary: Better than the first two RD books Review: In this third of the of the RD/PD series Kiyosaki discusses investing. He shows how he went from a negative net worth to millions. He discusses the importance of having a plan. I like the fact that he emphasizes the importance of having a mission in your business. Kiyosaki also discusses the importance of having a safety net in your investment plan as a back up to the aggressive real estate, business and stock investing. Good book and the best of the three in my opinion.
Rating:  Summary: Good content, but rather long winded Review: This is the third book in the "Rich Dad" series that I've listened and though it started out good, it ended as the least applicable to me. The beginning was great and I really did learn quite a bit out of it so I can't say that it was a waste of my time. It added to the information I've learned in previous books and went more in depth. My problem with the book was that it seemed to go from things that I could apply in my life now (ie learning about the different types of investors), to things that I could see myself needing to know in the near future (ie becoming the "inside" investor), to suddenly taking a company public and advice on an initial public offering... something that he's never done himself (as stated in the book)and something I probably won't be doing any time soon. I would have much prefered some more details surrounding how to become an inside investor and details on strategies to get there.
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