Rating:  Summary: How to ¿BE¿, not how to ¿DO¿. Review: I listen to the CD's over and over again (nothing else to do on my 2 hour drive to work). The one thing to remember is that this book is about how to "BE", not how to "DO".
Rating:  Summary: Long on theory, short on specifics Review: While there are some good general concepts to be learned, the entire book (335 pages) could be shrunk 75% (easily) and there would still be ample room to get the points across. Lots of wishy-washy, big picture stuff (nothing wrong with that if that's what you need, of course).
Rating:  Summary: Retire Young, Retire Rich (Wr. by Kiyosaki and Lechter) Review: If you have seen the new infomercials Robert Kiyosaki has made about retiring and making millions of dollars, you get the gist of this book. It is a three hundred and thirty five page ad for all of his other products under his Rich Dad moniker.Most frustrating is Kiyosaki's complete lack of skills as a writer. He freely admits he is not a great writer, and proceeds to prove it. He repeats himself constantly throughout the book, and writes pages of dialogue scenes he swears are from memory, but play like the worst staged scenes in an infomercial. Kiyosaki also manipulates the reader with his constant berating. If you are doubtful of his methods or if you question whether you can go running out and buying real estate without money down, then that is your problem. You are wrong and he is right. I was consistently made to feel stupid as I read this thing, and that was confirmed by the authors' smug attitude toward people who actually work for a living. Kiyosaki also never gets specific about how to retire young and rich. He dances around the subject, throwing out little helpful hints here and there, but never gets to the brass tacks when it comes to sitting down and doing it. Recommending I go to seminars and hire a bookkeeper are lovely ideas...but then what?? If anyone is retiring young and rich, it is the people behind this three hundred page ad for other Rich Dad products. If anything, reading this will inspire you to go it on your own, and ignore the advice of "experts" like this duo. Don't waste your money, or self esteem.
Rating:  Summary: A must read.. Review: Great Book. Very insperational.
Rating:  Summary: Buy this book and judge for yourself. Review: I have just read all of the reviews on this latest Robert Kiyosaki book and I must say, many people don't understand Kiyosaki's intent. I have given a few of Kiyosaki's books negative reviews, mainly those that he simply wrote the forward on, and then allowed some "Advisor" to write and pass it off as his work in his "Rich Dads Advisor Series". But this book is more in the tradition of typical Robert Kiyosaki, rather than some babble by Dolf DeRoos on real estate. If you want to read all of the negative reviews of this particular book "Retire Young, Retire Rich", your going to discover that almost all of them are unhappy because they had a question in mind, and Kiyosaki failed to answer the question to their satisfaction. But, that was not the point of this book at all, and that is stated VERY clearly right up front. Kiyosaki is very clear is saying that he is not going to tell anyone "How-To" do anything. I applaud him for this, as everyone has their own unique experiences and talents. Look at the top 500 Billionaires in the world, there is simply no one way to get rich, it takes the proper mental perspective, and once that is acheived, anyone can get rich using a number of techniques. The point of the book is to provide the mental framework that anyone can use if they begin to apply their own skills for wealth. To some this is real estate, for others it might be retail, or a car wash business. The simple truths in his book were used by all people of wealth, whether intentional or by coincidence. Kiyosaki manages to spell out the "Why" you need to begin to create wealth. I suggest the novice not be to concerned with the "How-To" immediately, but understand the "Why" to wealth, then your road to achieving wealth will be much clearer, and you can avoid the many pit falls of those that have failed before you. If your not interested in understanding the PRINCIPLES needed to be wealthy, and "Retire Young, Retire Rich", your probably not going to achieve wealth. If you want to comprehend the techniques, skills, and principles to wealth, then I give this book a very high rating and recommendation. "How-To" books are a dime a dozen, but 98% fail to deliver, thus 98% of society are not wealthy, true? After this book, you can atleast understand why 98% fail to accomplish wealth, thus enabling you to use your own talents in a manner to achieve wealth if you so desire. Good job Robert, I'm glad you wrote this book, regardless of what some of your critics have said in the past, namely myself.
Rating:  Summary: Tools and Insight Review: I regard this as an excellent book. In reading other reviews I guess people find what they are looking for. The path to "Rich" is not a series of static steps, that's a ridiculous idea, so why would I expect that in this book? Everyone's situation and opportunities are different. This book provides a wealth of models and evaluation tools. He shares experiences I have never heard before. Do I care if he has a simple and plain manner? I think it actually helps, unless you are looking for some overblown financial treatise that will give you an excuse to never take action because you don't understand the concepts. No excuses here, probably the reason for the hostility of some of these reviews. It's difficult to have to admit things to yourself. In short, I recommend this book because it will open your mind, you models and tools that will set you on the path to creating your own financial life plan.
Rating:  Summary: Ask someone who has done it Review: To all those who would criticize Robert Kiyosaki for not being a great writer, you have missed the point. I started investing in real estate in 1990 after having watched those late night TV commercials. I had no money at the time, but found a way to get my first place, then my second, etc. I have a backround as a musician, and no degree. Speaking as someone with 8 rental houses today, I can tell you I agree with 90% of what Kiyosaki says. If you want the nuts and bolts of real estate, you need to keep reading and studying. Kiyosaki writes for overall financial perspective, and his overall perspective is correct. There are many ways to get started in real estate, and each works best depending on location, timing, and your individual temperment and abilities. I would caution you, don't sell the message short because you're not crazy about the messenger's style.
Rating:  Summary: lacks detail, evidence, credibility Review: I more than anything want to retire young and retire rich myself, which is why I picked up a copy of this book and read it twice, cover to cover with an open mind. My conclusion: I got conned into making the author richer by buying this book. There's a few points that I will give this book: the concept of leverage is an important one to learn and yes, it does work when used wisely and after you've done your homework. It is motivational - you do want to get rich fast even more after you read this book. However, this book seriously lacks credibility and details. By taking a storytelling tone (which I admit makes the book easy to read) the author avoids offering any solid evidence that his approach to retiring rich works. After doing some research, I found that "poor dad" is Ralph Kiyosaki, a PhD and was the head of the Hawaii dept. of education. However, "rich dad" was never named - why not? The author says he started several businesses - what were they? Where did the startup capital come from? What did they sell and to whom? I see no reason why this information is not revealed, it should be a source of pride, unless there is some kind of shame associated with it that the author wants to mask. I really want to see the author quote and cite some sources, name some names, show me some real numbers, and build a case to convince me that his method works. I'd really like to see some accounts from some real people who have tried the different techniques he sells/tells. He's going out on a limb with comparatively new/radical techniques but he's trying to convince the reader to believe him just on faith. If you doubt him in the book, he just says that "you haven't learned how to leverage your mind to handle risk yet." I don't know about that - the way I manage my risk is by learning more about the problem and applying some form of logical/methodical/reasoned approach to mitigate the risk. The writing of the book is repetitive and sounds like a sales pitch for the authors' other books and products when he constantly refers the reader to the other books for more information. There is already a listing of the other richdad products both at the beginning and the end of the book. Why keep promoting the items inside the text of the book? When the author tries to sell things while trying to teach things, it really blows his credibility. In addition, the author very rarely suggests other reading materials or sources besides his own books and products - why is that? If these techniques work, why isn't there any other literature out there the author can point readers to for more information? One of the biggest problems I have with the book is he makes everything sound way too easy. Residential real estate is something that is fairly manageable, although where do you all of a sudden get enough money to take out a loan to rent an apartment building? That initial capital has to come from somewhere. Where? Trading stock options can give you limitless returns, but why is it that 90% of the people who trade stock options lose all their money? There are no citations for the reader to go and find out more about trading options successfully (if that is possible). Specifically on one point in the book: why in the world would you ever buy a put option to bet against a stock that you own? Any decent investor would want to research and buy stocks that will perform, not sink. If you have a feeling that the stock will sink badly in the near future, don't buy a put option, sell it now! The author makes business building sound easy - I know many successful CEOs, moderate self-starters, and devoted people who have poured their hearts out trying and not making it. None of them are retired and living filthy rich like the author described. I'm a business owner myself, and I'll tell you one thing, you work your tail off just to make ends meet.. to come out rich like the author tells it is not a piece of cake. More or less, the point of the book boils down to, "if Kiyosaki can get rich, so can you, but Kiyosaki's just gonna sell (not tell) you a vague notion of how." As the cliche goes, "the devil is in the details." This book really steers clear from any details and evidence and it is way too easy to overlook this fact because we all want to retire young and retire rich and that can easily put blinders on people (myself included). If you buy this book, really sit down and try to evaluate and analyze it on its merits - you'll find there really isn't much there below the philosophical surface. I try like crazy to take a step to make it big every day of my life, but if the secret formula to get rich is in this book, there sure as heck better be a serious increase in the number of rich people in this country in the next five to ten years to prove my assessment wrong. I'm looking forward to hearing some success stories and talking to those who made it - at least that way when I am wrong we will all know there is an easy way to get rich quick after all.
Rating:  Summary: Jimmy Doesn't Like This Book Review: Jimmy thinks Kiyosaki talks too much in third person, like he is "Rich Dad." Jimmy thinks Kiyosaki should stop writing. Jimmy thinks there is too much repetition in "Retire Young, Retire Rich." Jimmy thinks there is too much repetition in "Retire Young, Retire Rich." Jimmy wants to write a book on money but Jimmy thinks his book might be too repetitious. Seriously this book is pretty much a joke. RK has dug a hole and it's bad writing. I cannot recommend this book. "Rich Dad Poor Dad" seems to be a better more serious book. This new one is as silly as the "Jimmy" character that was so funny on an episode of Sienfeld. -Jimmaaay
Rating:  Summary: Best financial concept book I've seen! Review: Seeking answers? Concrete how to's? This book is absolutely right on target. Kiyosaki's work presents the best financial concepts I have read in the thirty years I've been a tax accountant and CPA. Retire Young, Retire Rich is even better than Kiyosaki's last book. If you looking for details and want to expand your point of view, buy it....now!
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