Rating: Summary: Buy "Rich Dads Guide to Investing" instead Review: Most reviewers are right in saying that this book repeats much that is written in the original "Rich Dad/Poor Dad". The "Cashflow Quadrant" builds on the content of "Rich Dad/Poor Dad" and hence devotes half of the book re-explaining the concepts of the original Rich Dad/Poor dad. This can be annoying if you have only just recently finished Rich Dad/Poor Dad. The angle of this book is the concept of the "Cashflow Quadrant" - being the four categories of workers - Employees, Self Employed, Business Owners and Investors. Again, Kiyosaki enforces the point that a "safe and secure job" is not necessarily the safest and securest option. This concept does not really require an entire book to explain. I suggest you instead buy "Rich Dad's Guide to investing", which happens to be my favorite in the series. The Guide to investing also reprints about half of the Cashflow Quadrant - which is a good thing because you can save the cash you would have otherwise spent on Cashflow.
Rating: Summary: A book that has little help, and over rated Review: Key points of the books has repeated again and again. The main theme of the book is focus on the 4 quadrant which most of us are aware of. The author does not point out specifically on how to achieve the right site of the quadrant but brad only on the benefits of having business and being an investor, author should tell how a normal person should achieve those goals from the begining, I mean from zero. Like the saying goes "Everyone knows their mom is a women" that is what this book is telling you, Things that you and I already know.For example invest in properties have it paid off and the rest of the rental for the remaining years is yours????? But it does not tell you how to purchase a property if one have no money at all. Isn't it this book is for those who have extra money in the first place to do what the book tells them to do. Why not write about how to reduce debts, plan for the future which I think is more realistic. I am disapointed about this book where I found it totally useless. It is defiantely over rated. I find this book is for those who is rich and seek more income. Please think for yourself and not follow too much on what this book recommend.
Rating: Summary: Cash Flow Quadrant review Review: This book is an real eye opener. Robert has a great way of teaching the reader sound financial advice. The book is set up in a way that brings the reader in. I like his thought process.
Rating: Summary: Some useful information, a lot of cross-marketing. Review: There is some good information in this book, and it reads easily although there is a lot of padding. Key points are repeated 2-3 times, presumably for emphasis. The central Cashflow Quadrant concept is very easy to understand and rings true. The book is targetted at middle class investors who feel ready to increase their wealth & cashflow, but who first need to change their mindset - and this book won't let you forget it, so be sure you've got a thick skin. Be aware before you buy this book that it aims to sell you a copy of the author's boardgame CASHFLOW(tm). There's a reason for the book's title, and a reason the title "CASHFLOW Quadrant" and the quadrant diagram are both trademarked. And that boardgame is somewhat expensive, the book edition I have quotes a price of [$$$]... and that's just for the first gameboard! Certainly there is something to be gained from reading this book, but it can leave you feeling like you've just bought an advertisement for the author's products.
Rating: Summary: Very good strategic advice, also motivational. Review: About a third of this book repeats Rich Dad Poor Dad, another third is fresh material, and the last third is a rehash of the first two thirds. That said, the book is well worth it because the fresh material in my opinion is very valuable advice. The authors goal is to teach you how to think so you can better yourself financially. This book has done a good job in doing that. For those of you looking for specific answers on exactly what to do and which business to open, etc., that's not what this book is about. Mr. Kiyosaki's advice is to teach you how to think for yourself and what to do in the bigger picture. If this is your goal, I'd recommend the book. If you want specific advice on specific businesses, you need to research the businesses yourself. He does give general recommendations however. I did not give the book a five star rating due to repetition and filler content, although this is partially the authors style of writing.
Rating: Summary: Not as good as Rich Dad, Poor Dad 1. Review: I really enjoyed 'Rich Dad, Poor Dad', so I picked up a copy of Cashflow Quadrant right away. But I found this follow up to 'Rich Dad, Poor Dad' had just way too much filler. This book keeps pounding the same statements over and over. I know this was also done in Rich Dad, Poor Dad, but this time it was overkill. The motivational messages started to wear thin when you can see that it was just to fill up a page. There is also something very contradicting I found between the first and second book. In 'Rich Dad, Poor Dad' he said that owning a business is very hard and he dosen't recommend anyone starting one unless they truly desire to have one. Then In 'Cashflow Quandrant', he says that you should own a business first before moving into the I quandrant to invest in stocks and real estate. Uhhh.....hello? These are the reasons why I'm giving it only 2 stars. If you already read 'Rich Dad, Poor Dad', then you don't need to read Cashflow Quadrant.
Rating: Summary: Same Message - Better Explanations Review: Cashflow Quadrant has basically the same message as Rich Dad, Poor Dad. (I have read many of Kiyosaki's books, and have found that they all basically have the same message.) Cashflow Quadrant, however, is written with much stronger language. There's more enthusiasm contained with in the book than there was in Rich Dad, Poor Dad, which was a more docile reading. They way it read, it seemed as though Cashflow Quadrant was a response to criticisms that Kiyosaki may have gotten from his first book. Because of this, Kiyosaki stamps out any concerns created by his ideas before you have time to create those concerns. Overall, it is a powerful nad intelligent read. I highly recommend it.
Rating: Summary: Great for those of us stuck in the middle class Review: This book is for those of us who grew up reciting the "must get good grades and then get a job" mantra. It was instilled in us as children by our parents and teachers, and it was reinforced by our network of friends from the neighborhood, classmates at school and co-workers at work. The cycle is viscious, until by some miracle someone or something comes to us and bops us on the head with the idea of "our own business". The word "assets" was one that only rich people use. And the term "rich people" was pretty much, from the beginning, a concept of "people that have a mysterious way about them; they have secrets that we can't, won't and aren't allowed to know." This book is great and worth reading. It helps you realize where you are in the Quadrant, and then how to get out. It shows you how "the rich" think - and how YOU the middle class man are the loser when it comes to money and how it is used to work against you. It's not their fault, it's your ignorance. I wrote a paper in grad school on a novel about a villan and a good guy. The paper had to address the villan's good qualities and why he wasn't such a bad guy. Hard stuff, 'till I realized that people were handing goods over to him; he was just there to accept it. He knew how to make the system work for him, so - why not be the one to benefit from it? Ignorance is bliss. It's also expensive.
Rating: Summary: Life Changing! Review: This book is a great follow up to the orginal Rich Dad, Poor Dad book. There is simply no other book quite like it. It clearly lays out the four paths you can choose in life and the pro's and con's of each path/quadrant. Another layer of knowledge is built upon the foundation of the concepts that are found in the original RDPD book. For those of you who is a serious Kiyosaki student, I would highly recommend you take a look at the reading list at the back of this book and read them! One of the books like William O'Neil's 'How to Make Money in Stocks in good times and bad' will further teach you how to a better investor of paper assets for example. Good luck and Happy Reading!
Rating: Summary: OK if you are a beginner, but.... Review: ...if you have moved beyond the novice level, have some personal finance knowledge, have your own business, or even have done your own federal taxes (the long form), this is probably too basic for your needs. Interesting graphical treatments of the concepts. If you are a personal finance beginner, give it a try.
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