Rating: 
Summary: Save
Review: ... your money!! There is not much here. He made his money through starting his own business, and succeeding. Great, but I'm not at all sure that he gives any real insights that would help anyone else do the same. Plenty of rambling, not much substance. Disappointing.
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Summary: "Action Talks and B.S. Walks!"
Review: ... Robert Kiyosaki is a man of action. In this - his latest installment of a "RICH DAD" book - he, once again, plays Carlos Castaneda ( student ) alongside Don Juan ( master ). Who is the master? ... You guessed it: Rich Dad! ... This book is great if for no other reason that it wakes the reader up out of the conventional wisdom of the common, consensus-reality trance that diversified mutual funds and 401k's are the way to go. ... Kiyosaki says he knows a better way - and he sets out to prove it in this book. ... Kiyosaki encourages anyone who cares to take the time to really listen to do what he does: choose knowledge and freedom over ignorance and security. He points the way, and you have to honor him for that. He does not simply talk a good talk. He has proven that he can MANIFEST what he is talking about. His ACTIONS speak volumes, while the WORDS of many others walk off into the sunset of another wasted day of listening to foolish advice given by people who are still living "inside the box." ... The bottom line: educate yourself about business ownership, residential real-estate, and commercial real-estate investments - and begin to transfer your savings into properties that will support you NOW as well as far into the future. Transform liabilities into assets. Invest in what WORKS to give you a better RETURN on your investment. Most of all: choose freedom over security - and help others to do the same once you have mastered the ways of freedom. ... Kiyosaki says some very interesting things. I am not so sure about Rich Dad's praise of our American capitalist system's nobility as stated here on page 114: "Rich dad was very optimistic about America. He said, "Although America is a military power, it does not use its military power to take. America uses its military to protect its lines of commerce as well as keep order in the world. America is also a business power and a business power has the ability to create rather than take." He would say, "It's time to use our business power to create solutions to this very big problem of how a person survives once their working days are over. If we as a nation solve this problem, America can evolve into an even greater world power." ... Fine sentiments - but tell that to the MILLIONS of Native American Indians still living in poverty on RESERVATIONS in this country, land we TOOK from them! Tell that to the Chileans, the Guatemalans, the Panamanians, the Philippinos, and the Mexicans. I could go on. ... Nevertheless, Kiyosaki goes on to say this on page 136: "Years ago, rich dad said to me, "If you want to find true financial security, or even become financially rich, you must play your own game. Don't play someone else's game." After ERISA passed into law, rich dad felt that millions of people would be forced to play Wall Street's game. Rich dad said, "The problem with playing Wall Street's game is that Wall Street is in control and you aren't. Find your own game, become good at it, and then take control of your life." " ... And on page 149, he rebukes greed, irresponsibility, and the lack of accountability in business with these words: "Too many of these very bright students become captains but lose touch with the workers, the real engine of business. When people lose touch with their workers, then disasters like Enron happen. Did those so-called well-educated leaders recommend that their employees buy shares of the company while they were selling? It may not be technically illegal, but to me, it is definitely unethical. The problem is, this practice of recommending a buy while in fact you are selling is a very common practice not only at Enron, but it is a common practice in business, especially the business of the stock market." ... Wise words from a wise man! ... - The Aeolian Kid
Rating: 
Summary: Thought provoking
Review: My son got me this book for X-mas. I found it hard to lay it down once I started. I have read Rich Dad Poor Dad and part of the Quadrant book. While I have enjoyed all the books to date and was moved to buy Cashflow 101 and 102. (101 have enjoyed very much and view as a good educational game) My son and I have discussed Kiyosaki's writing in detail, there is something missing something doesn't feel right! Why does he never layout detailed plans for his ideas? Who is the the Rich Dad?
While I can relate some real life experience with Robert, I still am worried that he is just another in many ... running around fooling all of us working hard middle class people.
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Summary: Understand What You Are Doing...
Review: Do You Know the difference between a Defined Benefit and a Defined Contribution? They are not the same thing. This, combined with elementary Supply & Demand concepts, builds a plausible, MUST READ book. Understand what you are doing before you start throwing your hard earned money down what could be a bottomless pit! Why give-away your money to Wall Street just to be told that there are no guarantees, and a possibility of loosing everything when you need it most?
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Summary: Okay--now I get the reason for the 1 star reviews...
Review: I am a full time real estate investor. Today, I out in the field and secured a no money down deal in my area squeezing out a bid by another investor. Dismayed at losing the deal that I had won, my competitor asked me where I learned about real estate and why I was an investor. I told him that I was inspired by the Rich Dad, Poor Dad book and Real Estate Riches but also had a library of other books and had a local mentor who showed me the ropes to get me started. This man became furious. You guys are sapping the market", he shouted. "Too much competition...you can only slice so many pieces out of the pie", etc., etc. Interesting because we live in a city with a metro population in excess of 2 million people. Lots of homes. Later I found out that besides us, there were only two other bitters! I suggested that he rethink that "Too much competition" theory of his. In any event, it became crystal clear to me why so many people are bashing Kiyosaki and his book. They are afraid of "too much competition" In short, they are trying to monopolize the markets and keep it all for themselves. In another regard, the media is after Kiyosaki as well and for good reason. The media doesn't like a hero and to millions of people, Kiyosaki is a hero, bigger than life. Rich Dad, Poor Dad has been on the best seller lists now for what 133 weeks? I bet that other authors who have never made the best seller lists and write financial books and articles are not too happy either. Kiyosaki makes millions while they made thousands. Hello! There are also masses of people addicted to the media. While they applaud when someone wins the lottery, they look with ambivalence upon someone like Kiyosaki with self earned wealth and look forward to seeing them fall. How many times have we heard that Kiyosaki filed bankruptcy and failed in business before? Hello!!! I think the fact that Kiyosaki came back andis sharing the wealth is significant. Sharing is a key word. My real estate competitor needs to lear some lesson here about sharing. I didn't see the articles published in the magazines mentioned. I stopped reading those publications long ago because to me they are just catalogues for their advertisers and offered very little in the way of personal finance or wealth building info. Ditto for websites that purport to have some inside information on people. These websites are like The cheap tabloids sold in supermarkets and like other forms of the media have an audience addicted to their product. I don't buy those magazines or visit those websites, instead, I prefer to get good solid advice from local mentors who are actually succeeding and have a desire to help others, just like Mr. Kiyosaki. Mr. Kiyosaki is ahaking things up. I suspect the media blitz on him will get even worse before it gets better. Regardless of the outcome, I am grateful to Mr. Kiyosaki for at least inspiring me to start in this carrer, to create passive income, to get out of the rat race. In closing, I feel that the average Kiyosaki student is making far more money and is far happier than the bashers who attack him. Good luck and Godspeed.
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Summary: I had to see what all of the fuss was about
Review: After reading several 1 star reviews in a row (same person no doubt with lts of free time and a agenda) I had to go down to my local bookstore and chek out Rich Dads Prophecy.After browsing through it, I had to buy it and after buying it, I stayed up all night reading it.This is possibly Kiyosaki's best book to date. While at the bookstore I also noticed an article about pensions and other retirement accounts in Newsweek by Jane Bryant Quinn. All I can say is, thank God for people like RTK and books like Rich Dads Prophecy.Oh by the way, I didn't buy Newsweek. That article by Quinn was the only thing ever partly interesting and even that was a big clunker. The only thing worse than her articles is her book.Rich Dads Prophecy is a good read. I highly recommend it.
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Summary: Didn't Read this to Learn How to Solve World Hunger
Review: I have read about 6 of Kiyosaki's books and enjoyed them all. His perspective is interesting and thought provoking. If your not looking to solve world hunger and just want a good read with one man's boldy stated assessment of the future of the economy you will enjoy this. If you are looking to change the world and are chomping at the bit to whip out your calculator and learn the magic formula for predicting what the economy will do you will not accomplish that here. Kiyosaki is simple and straight forward with his ideas. I personally don't care if he really has a "Rich Dad", how much money he's making.... I care about listening to, evaluating and understanding his persectives.
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Summary: Once again
Review: Mr. Kiyosaki has taken a very complex topic, ignored all the complexities and has come up with expensive toilet paper. RK has written this book with tunnel vision. He doesn't take into account things like: immigration, the rising population, the rising trend in people owning stocks, the incremental difference in how much people take from their retirement accounts compared to what is happening now, how much money that is compared with all the money in the market, (breath) will retirees put a portion of their automatic withdrawals back into the market, if so, how much, if the stock market crashes, will the real estate and businesses we are supposed to invest in also be [doomed]? Etc etc etc etc. To tackle this topic appropriately, an author would have to have a phD in Economics. Could Kiyosaki's prediction come true? Possibly. But if it does, it will be merely coincidence and not play out in the manner he described or for the reasons detailed. RK is just trying to scare people into buying his book. If you want to build wealth, there are many other books that actually teach you how to do it. Try reading them.
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Summary: Rich Dad's Prophecy
Review: I found the book to be very thought provoking; I did not realize or give much thought to how ERISA changed retirement plans from defined benefit plans to defined contribution plans. I especially did not consider the long term effect this change will have on our economy. Our Congress members should be required to read it. I highly recommend the book - especially if you are investing in the stock market.
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Summary: My Favorite Rich Dad Book!
Review: I've read almost every one of the Rich Dad, Poor Dad books and this is, by far, my favorite. I was reading some of the other reviews and were disappointed that others didn't get the same information that I did. I make a lot of money in my own business and I've recently started investing in real estate. I've been able to make my fortune through the repetitiveness of those who have succeeded before me. I can almost guarantee that everyone who gave this book a bad review is probably very broke just doesn't "get it." Oh well! Maybe next lifetime. This book shows you the "whys" behind what's about to happen and, most importantly, how to profit from the coming crash. No, it's not a "doom and gloom" book. It's a survival manual. Turn a blind eye to it and starve with the rest of the peasants in the years to come!
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