Review
The rich are different from the rest of us, if for no other reason than U.S. tax and securities laws allow them to invest in ways that keep us from catching up to them. That’s why 90 percent of all corporate shares of stock are owned by 10 percent of the people. Kiyosaki believes it’s possible for anyone to move up into that 10 percent, but it takes a different view of investing than most people have: it takes a plan to be a successful investor. And a plan is more tha…
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This book continues from where Kiyosaki left off in Cashflow Quadrant, his 2nd book in the trilogy (now complete with Rich Dad’s Guide to Investing).
In his 1st book Rich Dad Poor Dad, Kiyosaki addressed the differences in mindsets between the Rich and the Poor. Then, in his 2nd book Cashflow Quadrant, he spoke on the 4 quadrants from which one can generate income. To be wealthy, Kiyosaki recommended that we learn to generate our incomes from the “B” (Business-owner) and “I” (Investor) quadrant as opposed to the “E” (Employee) and “S” (Self-employed) quadrant.
In his 3rd book Rich Dad’s Guide to Investing, Kiyosaki tells how he got started in his investment journey, starting with nothing, and in fact at one stage, with a negative net worth. Most of us, having read his first 2 books, would have wondered if we could have embarked on our journey to become financially independent without much resource at hand. In this book, Kiyosaki shows how anyone can get started and how it does not take money to make money. He teaches how time is more important than money; how investing in one’s self and getting an education and experience precedes excessive cash; how having a plan is more important than being in a hurry to make money.
This is not a book for those who want hot tips and quick fixes. This is a book on mindsets. Kiyosaki plants ideas and provides a road-map. The reader must take the first step and learn to navigate his/her own journey.
What I like about this book, is Kiyosaki’s concept of being an Ultimate Investor, a “selling-investor”. The Ultimate Investor creates deals and businesses that the public hunger for and are willing to pay a premium to acquire a share of. With the internet, it has never been easier to create businesses and deals which one can take public.
As in all his other books, Kiyosaki’s book is worth reading again and again. I would also recommend that one reads Robert Allen’s Multiple Streams of Income in conjunction with Kiyosaki’s Rich Dad’s Guide to Investing.
4.0 out of 5 stars
Refreshing read
In this book, the author provides many investment lessons through a dialogue that takes place between Kiyosaki and his rich dad.
3.0 out of 5 stars
Guide to Investing Review
I think this book would be good for someone who has little knowledge of the subjects addressed. This book is a good basic foundation for people interested in making their money…
5.0 out of 5 stars
Now is the time to read or re-read this book!
Now is the time to take advantage of this buyers market!!!! Following Kiyosaki’s advice is so timely!
All of the books in the Rich Dad are excellent. I also suggest How to make nothing but money by DelDeotto,
2.0 out of 5 stars
Too much verbage for very little insight
I’ve read both Rich Dad Poor Dad and the Cash Flow Quadrant, so I was looking forward to this book. Unfortunately, it fails to deliver.
2.0 out of 5 stars
ReduntantI am a tremendous fan of Robert Kyosaki and his entire philosophy….but how many times is he going to write the same book?
5.0 out of 5 stars
A vert good good book and oh so timely
March 6, 2009
DOW 6626 NASDAQ 1293
Are you happy with how your investments are going?
5.0 out of 5 stars
rating
The condition of the book I purchased was as the seller had described it.
Good and accurate rating system.
3.0 out of 5 stars
Well, somewhat disappointing
I really like the message of Rich Dad Poor Dad and I certainly understand that some may need further explaination, but one reviewer I noticed hit the nail on the head – repeat and…
5.0 out of 5 stars
A Book For Success
Excellent book to help you achieve success in all areas of your life. Get the principles shown here, apply them and get the sucess you want. Highly recommended.
2.0 out of 5 stars
sooo repetitive
This book gives some god advice, but it’s so repetitive it becomes boring. The author could have summed up the message in only a few pages.