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Rich Dad's Retire Young, Retire Rich : How to Get Rich Quickly and Stay Rich Forever!

Rich Dad's Retire Young, Retire Rich : How to Get Rich Quickly and Stay Rich Forever!

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

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Rating: 1 stars
Summary: Write a book, get rich
Review: Too much "context" not enough "content". The main point that Kiyosaki left me with was, "Hey, if I want to get rich, maybe I should write a book about how to get rich?" I will say that the motivational aspects of this book may help those with a seemingly incurable self esteem.

Rating: 2 stars
Summary: No new ideas
Review: Like other reviewers I have bought four of Robert's titles (about NZ$130). I would only recommend the first and third, Rich Dad Poor Dad and Guide to Investing. Retire Young is senile. It is a now old story that was thrillingly novel on the first telling but only ellicits a polite smile on the nth recount. Accordingly, I felt like a sucker after purchasing this book.
As for ideas like Leveraging your Context, I appreciate the sentiment but, linguistically, Robert is falling towards the corporate HR psychobabble that his auidence wishes to escape. He is speaking like a Dilbert joke. Or worse, a cynical Dogbert selfhelp book.
At 300+ pages I crave substance. Robert recounts stories of buying a house for $50,000 and two years later selling for $100,000. OK, I don't expect what worked for him to work for others, however, these tantilising examples would be more instructive if he recounted what he learnt, what skills he found important, tales of serendipity and acumen We are told that he once visited six bankers to obtain $35,000 and are told that he learnt something on each failed meeting but not told what exactly. It is akin to Arnie saying that to get big and strong, you must go to the gym and then failing to give any exercise prescriptions.
In conclusion, congratulations on your success Robert, well done. I will, however, be scrutinising any future products from your "brand" very closely.

Rating: 1 stars
Summary: ..OH PLEASE!!...THIS IS GETTING OLD...
Review: I did like Rich Dad Poor Dad, and started to read cashflow quadrant...this book is nothing but the same concepts in a little more detail....but all the same watered down concept of the first book...I glanced at a few other books, and have caught on to this....save your $$$$, The only thing you should know is that your contributing to the wealth of one man, who makes a living out of suckas's who pay for these way too watered down, and tired concepts......

Rating: 2 stars
Summary: TO MUCH HYPE AND NOT MUCH INFO
Review: THE BOOK RELIES MORE ON COMMON INFORMATION AND ALWAYS GOES BACK TO WHAT HIS RICH DAD HAD SAID WHILE HE WAS GROWING UP. IT HAD A FEW ITEMS THAT WERE O.K.,BUT WITH 335 PAGES IT SHOULD HAVE SOME IDEAS. THIS IS MY SECOND BOOK THAT I HAVE READ BY MR. KIYOSAKI
AND IT IS NOT REALLY MUCH DIFFERENT FROM "RICH DAD,POOR DAD"
I REALLY BELEAVE THAT HE SHOULD HAVE HIS RICH DAD WRITE A BOOK
BECAUSE HE ALWAYS USES HIM AS HIS REFERENCE. TOWARDS THE END OF THE BOOK HE TALKS ABOUT HIS WIFE KIM AND HIM BUYING A FEW RENTAL HOUSES AND THEN TRADING UP UNTIL HE GETS A LARGER GOV'T BACKED
APARTMENT BUILDING. THEY THEN RETIRE...MAKING $40-50K A YEAR
HE HAS DONE NOTHING SINCE THEN IN THE APARTMENT/RENTAL BUSINESS.
NOW HE JUST WRITES BOOKS AND LECTURES ON THE CIRCUIT. I RESPECT HIM FOR BEING IN THE SERVICE. BUT THIS BOOK COULD BE REDUCED BY ABOUT 200 PAGES AND STILL HAVE THE SAME EFFECT.

Rating: 1 stars
Summary: Enough of this junk already!
Review: I didn't think these books could get any worse, but they just did. This is the worst of the bunch. I've read them all, just for entertainment purposes, because I just can't believe that these things could help anyone, other than the author.

First of all, the entire premise of these books is wrong, since it is certainly very possible to become rich by getting a good education, getting a good job, being frugal, and investing your savings for the long run. I have plenty of friends and family who have done so. I'm working on the same thing myself. I have no doubt that I'll be able to accomplish my goals, nor do I think that those goals are particularly difficult to attain.

No, you do not need to own your own business or buy rental real estate to become wealthy. Statistically, 98% of small businesses fail. The odds of your acheiving wealth by getting a good job, and investing your savings are much higher than that. The amount of rental real estate you need to own to generate enough income to be considered wealthy is also quite high, depending on where you live. Owning a couple of four unit garden apartments isn't going to do it. It's doable, but it would take you many years to be able to put together that type of a real estate portfolio. Where I live it would take about 100 units. I know, because a friend of mine owns about 100 rental units in my area.

Do yourself a favor and skip all of these books. They're worse than a waste of your time because they tell you can't acheive wealth in a conventional way, which may cause you to doubt yourself and stop trying.

Read the reviews of these things. People say, "Oh, this is a great book", but nobody says they've made any money by reading them and following their questionable advice. They're like mindless sheep, reading the finance bestsellers and talking about how great they are. But almost nobody will get anything useful out of any of this guys books.

Read Millionaire Next Door, and Eight Steps to Seven Figures instead. They're much more useful, and you'll feel a whole lot better after reading them.

Rating: 5 stars
Summary: Excellent Book to get the richt mind-set to attain wealth
Review: I find Mr. Kiyosaki's books extremely inspirational. In each of his books, you will find a wealth of radical ideas that will, if you have an open mind, change your vision of everything society has made us believe in terms of wealth building and the general sense of dependency towards earned income (e.g. job income) to make a living.

Yes, you will not find specifics, but consider this book as a menu of alternatives to find portfolio and passive income alternatives that you might wish to explore more deeply. In my own case is option trading. As of today, I have read over 10 books (and growing) in option trading and I can tell you that any person that consider it a risky investment, does not know what s/he is talking about.

The only area of the book which I find boring is the story of his both dads. I specially find it very denigrating for Robert's biological dad (poor dad) to keep repeating these stories all over again. Robert, keep up your excellent mission in life which is, among other things, to teach the common person to get rich. But please, let your poor dad rest in peace.

Aside from this, this book is worth its weight in gold.

Rating: 1 stars
Summary: Waste of time
Review: This book could have been summarized on one sheet of paper. The author constantly repeats the same (obvious) points to fill up the pages. The "rich dad poor dad" theme was especially annoying. I was completely sick of both fathers after the 400th reference to both. There are a number of plugs in the book for other products the author is selling. I do not recommend for anyone who is looking for practical information.

Rating: 3 stars
Summary: Retire young(RY) + Rich dad/poor dad(RDPD) rolled into one
Review: The wierdest thing (noone has mentioned):
After reading between the lines, I'd bet anything that HE HAS WORKED HARDER THAN 80% OF THE GENERAL POPULATION TO GET TO WHERE HE IS! For some unexplicable reason he presents a life story that saunters into money. And then he talks about skipping weekends, running several small businesses, going broke, going to work early, leaving late. That ain't easy stuff -- but he seems quite happy with his life, good for him.

...

The book is a paradox. On the one hand, I am EXTREMELY grateful to him because his RDPD "kicked me in ..." to seriously start investing.... On the other hand his website and RY book comes off as promotions for his whole system. Kinda like TV evangelist who has some good things to say and lots of things to sell.

I've read all the reviews for RY and the reviews cover the spectrum of "horrible" to "supreme enlightenment". For good reason. He does a good job expanding his earlier ideas (the repitition doesn't bother me, then again I blew through the book in an hour and a half in a bookstore) and his overall gestalt for thinking about money is appealing.

But his adoration of money leaves a sour taste -- for him being rich seems to be the ultimate. I would frown upon such an imbalance just as I would frown upon myself else being so "artistic" that I became irresponsible, hurting family and friends ....

...
Both books are worth reading, but a healthy dose of skeptism mixed with an open mind should accompany your eyes. For me, it has gotten me to study investing -- but in the meantime I have other goals and I AM GOING TO RETIRE OLD (hopefully rich) AND ENJOY THE PRESENT.

Rating: 5 stars
Summary: His best book - But not for those with closed minds
Review: This book should have been his first...although I'm not sure it would have made him as popular. This book is centrally about why you would want to get rich, not how to get rich.

This thought is of extreme importance, and in my opinion is much more instrumental to the development of a person than knowing the methods of getting rich.

I liken this to being in a space ship. You may know how to turn the wheel (methods of making money), but not knowing where you are going makes that steering wheel useless (knowing why you want to be rich, and preparing your mind for being rich).

Rating: 5 stars
Summary: A wake up call!
Review: There is no real estate "how to" value in this book! I gave it 5 stars because when I was done reading it I came out with life saving solutions such as: stop working for corporate america, don't invest in 401k or stock market and concentrate fully in multi family real estate investments. I know it's the opposite of what you hear from CNBC but after reading this book you'll realise that this guy makes sense. For his message alone I wish this was required reading in college. This guy is brilliant!


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