Rating:  Summary: Rewarding, and Detailed Review: RK has done a great job in the first three books of his Rich Dad series of shaking up conventional thought in business and investment theories. In particular, I came away with a better idea of where I need to go with my business plans. RK cites the work of Michael Gerber in his book "E-Myth" and how most business owners merely own a job. RK also shook up my "sacred cow" investment techniques with ideas on creating, rather than buying, assets. For this enlightenment alone the first three Rich Dad books were well worth the money and time. My appetite for Rich Dad unsatisfied, I jumped feet first into Loopholes for the Rich, and found it very detailed and rewarding.
Rating:  Summary: I'm starting to wonder if he really had a "rich dad" Review: Now don't get me wrong, but I loved Rich Dad Poor Dad! That book taught me that it's not the school smarts that get rich, but it's the peristent people that do. Even Calvin Coolidge said that once. Also the psychology helped a lot too.But, looking at how this book really didn't say anything different from RDPD, along with all the new "Rich Dad" books, I think that he is just simply capitalizing off a fad. Think about it! Isn't a coincidence that all these investing books and people who say "I made a milllion" are popping up all the sudden? You notice how real estate was the top thing in the 80's and how you rarely(only some infomercials) are seeing anything about real estate? The best finance book that GIVES you technical answers is "Multiple Streams of Income" by Robert Allen. I would say that reading that along with "Rich Dad Poor Dad", and take action, that you will do well. But, after RDPD, I am starting to believe that is starting to test our wits!
Rating:  Summary: Paradigm Time. Review: This book is more about a paradigm shift and an attitude about money. If you liked Rich Dad Poor Dad, and Cashflow Quadrant, then this is a good followup to drive home some of the points made in those books. IF you haven't read those two books I highly recomend you do so first. Rich Dad Poor Dad is a true epiphany. Read it and give it to a friend. Better yet, your child. Cashflow quadrant is a must have if you are thinking of getting out of a rut and have realized budgets do not work.
Rating:  Summary: Thumbs down Review: I liked his previous two books (Rich Dad & Cashflow) but this one didn't do anything for me. I thought it was just repetition of his previous 2 books. You are better off to read both of them than this one.
Rating:  Summary: Fresh ideas Review: Although I think Mr. Kiyosaki tends to oversimplify, this book has a lot of great ideas and concepts that will change the way you think about money. And more importantly, ideas that will change the way you talk to your children about not just money, but about important things to consider when they're looking to the future.
Rating:  Summary: One of the Best I Have Read Review: I've read close to 60 books on Personal Finance, Investing, and How-To-Be-Rich-types and this one is one of the best I have read. I have enjoyed Robert Kiyosaki's other books, but this one is the best, in my opinion, because he reviews many of his principles from his previous books just in case this may be the first of his books that you are reading. This is not a *HOW-TO* book on HOW to become wealthy or which steps to take to become wealthy. Like the author states, this book is about the INVESTOR, not specific strategies. To become truly wealthy you have to do two things. First, you NEED to change how you think, not just about money but about all areas of your life. Why go after riches if your marriage is in trouble or you don't spend enough time with your children? Secondly, you NEED to take different actions. If your last 5 years were miserable, then your next 5 years will be the same unless you DO something different. If at least 95% of the people in this country are not wealthy then you cannot do what 95% of people do. You have to do what the other 5% do; people WILL tell you you are crazy or what you are doing won't work. This happened to me and I am GLAD I did not listen to those people who still work at a job (I don't). Most people do not Incorporate, most people do not invest in mutual funds and stocks correctly (they buy high and sell low), most people do not know how to buy real estaste, and most people know little about taxes, accounting, and personal finance. If one book was to be written about all those subjects in a general sense, it would still be thousands of pages long. Robert's genius is that with his "Rich Dad/Poor Dad" metaphor, he gets the average reader to realize that it is not some magic formula or some great unattainable secret, but that it is our responsibility to go out and learn what the rich do and WHY they do it. I never thought I would read a book about the Investor that would have given me this many new ideas. A must have for those who want to get out of the "rat race." Beware the negative reviews regarding this book because they are written by people who "don't get it." You either "get it or you don't." Reviews written by people who have not read the book and have not been there are a waste of your time. Like I said, I've been there, I own and have read this book twice already. People WILL put you down in obvious or subtle ways if you go for your dreams. Don't listen to the 95%, listen to the 5% that have made it. Good luck and may all your dreams come true.
Rating:  Summary: Helps you see investing in a new way Review: I originally bought this audio-book thinking it was about picking stocks and trading or investing strategies. It eventually turned out to be much more in a way. For me it opened new horizons and suggested new ways of making money and becoming rich. I have decided that what the author said makes sense and I now see new opportunities around me. As the author suggests, being rich or poor is just a state of mind. All there is to becomning rich is starting to think like rich and then new venues of achieving this appear in front of you. Very good audiobook if not excellent.
Rating:  Summary: Be prepared to have a long way towards the financial freedom Review: The theories that RK has talked about in his book series are definitely not a quick way to become rich. On the contrary, what he expressed over and over again is a long path for an average American to have the financial freedom. As most of the reviewers have already pointed out, this book intends to reshape an average American's thinking habit on the money subject rather than giving specific steps on stock picking. Therefore, the readers shall focus on the theory and principles that Mr.Kiyosaki tries to pass onto us rather than focusing on how he turned a $45000 real estate property into $95000 in 2 years. All these vivid examples are just the EXAMPLES that Mr.Kiyosaki uses to help us to visualize his theory. It is not practical that all of us will suddenly have the brain and the guts or the money to dive into the real estate market overnight. We are all different and thus have different psychological patterns when dealing with stress, change, failure and more importantly, the situation of losing money. A lot of things are already built into our personality, which will not change over a short period of time. Therefore, before feeling excited and wanting to act on Mr.Kyhosaki's investment path right away, you may want to take a closer look at yourself and knowing your limit. Then, you have to work on this whole millionaire's package such as your spending habits, financial knowledge, courage, and etc. Just the first several steps such as cutting off our credit card debt and giving up the idea of owning a nice large house could be tricky to some of us. And don't even talk about mastering the pile and pile of the corporation law, tax law and accounting books! All takes time and lot of courage and discipline! And for a lot of us, exactly how easy it is to change our discipline and build on courage? So, this is going to be a really long path for an average middle class to reach the top of the world by applying Mr.Kiyosaki's theory. If you skip all the foundation building process, then prepare to fall hard. If someone thinks that they find the secrets to become rich quickly by reading this book, think again. I am not saying that his books are not being practical use to us. My point is that you have to prepare to take a long but solid path to reach the gold mine as the rule always says there is no short cut towards success. Just look at how long it takes him to finally build a company himself. AND, remember that all of his young life was mentored by an expect and every step he took incluidng joining the Marine Corp. was a step to build that foundation! Of course, Mr.Kiyosaki couldn't say that in his books even though he knows it well. It is not going to be a good marketing approach if he speaks the truth that "Hey, y'all listen up. To get to where I am right now is REALLY going to take some time and a lot of work!"
Rating:  Summary: Inspiring book but..... Review: The title of this book is not appropriate. The book does not contain anything that suggest any form of guidance in investing. Instead, it advocates the importance of having "rich man's attitude" throughout his book. I don't believe that by having "rich man's attitude" is sufficient in getting rich. On the whole, the writing is good.
Rating:  Summary: If you have no idea about investing Review: basically, he wants you to be a long-term/fundamental investor or a real estate speculator. Copied a lot from Peter Lynch. If you don't know anything about economics, this book might sound great to you.
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