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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: 2 stars
Summary: Just milking it...
Review: Read "Rich Dad's Guide to Investing" and forget about Kiyosaki's other books - the third book in the series captures all the ideas this man has. If you must, browse through the other books in the bookstore - you will realize that the information is repeated, and that you can save a lot of money by not buying his other books.

Rating: 3 stars
Summary: Thinking in the right direction
Review: For those who have read other Kiyosaki books, you won't take away any significant new information from this book. It's worth a read if you need a mental refresher course in the Rich Dad basics. Personally, it got me thinking in the right direction again after going a few months without action toward my financial goal, so in that sense, it was worth my time. I'd recommend borrowing it or checking it out from your local library. The money you save may be better spent on a title more specific to your investment interests.

Rating: 2 stars
Summary: Same book, different title
Review: ...Retire Young...., however, is a sleeper. Same ideas in a new wrapper. Mr. Kiyosaki has retired rich and continues to get richer on this fluffy tome. While the title is compelling, this achingly dull book takes over 300 pages to sell one idea. That idea is to expand your mind far enough to grasp the idea that one can retire young and rich.

Great. Done. Now how do I do that exactly?

Well, that's "beyond the scope of this book". Mr. Kiyosaki introduces the idea of options trading which is exciting and new to me but does not recomend where I can learn more about it. (Go to the library he says. Maybe a suggestion of an author or title?)

Save your money. Buy it at a deep discount if you must. Or better yet. Go to the library.

Rating: 4 stars
Summary: Multi-Faceted Motivator Backed-up With Practical Insights
Review: This approach will be different from other reviews on this book which focuses on the surface-level mechanics of the facts and the strategies that are very generically presented by the author. However, in a philosophical context, there are many elements in this book, and it isn't one of those "get rich, retire young-how to" books. The variety of concepts in it can help people in sales, in starting their own business, and thinking more carefully of the Risks and Rewards of their actions, whether financial, personal, or professional. Overcoming self-doubt, fear, negativity, laziness, learning from our failures, and consistently thinking "outside of the box," are many things Robert Kiyosaki reminds us of in this piece. And he's also "been there and done it."

For Kiyosaki, the concept of failure is important to the learning experience, and what we learn from our failures in life can help us succeed in the future. Kiyosaki related the failure of his first two businesses and his own self-doubt at a certain period of his life (in the beginning of the book). He noted this about who his Rich Dad and he think losers are: "many losers bet only on sure things....job security, a steady paycheck, garaunteed pension, and interest from a bank account." another quote: "the problem of having a job, is that it gets in the the way of getting rich," his Rich Dad said. I see this statement as clear and true for not all, but most people. For example, look around at the people you know. They've got a "job" that took up the majority of their mental and physical energy and time. They bought a home with a mortgage. Endgame: like a hamster spinning on the wheel. The illusion of movement. This person is now the leverage for his/her employer, the one who really makes the money.

Some repeated themes which we should be reminded by is what Kiyosaki stated numerous times in different ways using different real-life examples: "What we think is real becomes reality, in most cases" (p. 54). He adds that we human beings often try to substantiate and reinforce our beliefs and perceptions of reality. This can lead to self-defeating behavior and/or missed opportunities to see the opportunities that present themselves in front of us. "One of the most important things to learn is to take control of your reality" (p. 54). If one is a pessimist, has self-doubt, or believes "it can't be done," it won't be done. R.K. reminds us these truisms affect the decisons we make in life.

Throughout the book there is redundancy, but there are mostly positives here. He also incorporates some of the principles of his Cash Flow Quadrant in this piece. He has the reader fill in a list of things that the reader loves/hates. Also important is the constant need to ask and answer "why" you are doing anything in life. Not the "how" you do it, but the "why." He correctly asserts that if you know "why" you you can then focus your energies on the "how." R.K. sheds light on how bad believing in a 401k, and mutual funds is. This is a practical common-sense guide and a positive motivator. Read this to keep yourself continually thinking "outside the box."

Rating: 1 stars
Summary: This Book is Fiction
Review: I have been a reader of Kiyosaki for quite some time. Yet I've learned that this book is fiction. I have read in numerous places that there is no evidence whatsoever to substantiate any of Kiyosaki's past businesses or even the existence of a rich dad. He has refused to comment when questioned about it. I didn't believe it, until I took a look at the copyright page: Although based on a true story, certain events in the book have been fictionalized for educational content and impact.

Rating: 5 stars
Summary: Enjoyable Reading
Review: After reading some of the other reviews, I just want to say this is not 'How to Retire Rich for Dummies'. This book was my first in the Rich Dad series, so I cannot compare it to the others. Personally, I found this book enlightening and inspiring. The author is writing to intelligent individuals to spark desire and motivation, not teach step by step instructions. I am planning to read other books by this author. For those who say the author is trying to sell more products -- might I suggest going to your library and borrowing them instead.

Rating: 5 stars
Summary: Great book on Exit Strategy
Review: ...P>This book is on Exit Strategy and Leverages. Key Concepts from previous concepts are reviewed in a repetitious fashion, but this book focuses on Leverages and Exit Strategies. In other words, what are your end goals in your journey to acquiring wealth and how FAST do you want to get there. However, it is not a get-rich-quick book or even a how-to-step-by-step book. I think that's the main reason why this book is disappointing for those who are searching for a tell-me-how-now approach. One of the main concepts that the book stresses is the importance to EXERCISE your mind, your creativity. For those students who are like Anthony Smith, they have already found the keys by going through the reading list found at the end of Cashflow Quadrant which does tell you the step-by-step like William O'Neil's How to Make Money in Stock. Another book you might want to check out is Robert Allen's Multiple Stream of Income which is a step-by-step book. I also recommend that you visit the Rich Dad Poor Dad website and check out their latest audiotapes series on Real Estate as well as Financial Literacy, the Real Estate package will show you 6 concrete steps to go about finding property and the Financial Literacy package will definitely increase your financial intelligence. Good luck and Happy Reading!

Rating: 3 stars
Summary: This Book is like a "Power Bar"....
Review: Not a lot of nutritous or fulfilling substance, but it does get you pumped up pretty good. I agree with other reviewers that the book is short on specifics. To be fair, however, Kiyosaki never claimed that this book would have a lot of specifics.

On the up side, however, I felt very motivated after reading this book, and, came away with some general ideas.

I can't help but wonder two things, however:
1. Is this book simply written so vaguely that you make out of it what you will?

2. Was "Rich Dad" omniscient and ominpresent? It's amazing how many fables, fairytales, bible stories and diagrams he seemed to teach for every occasion. Just a thought--you draw your own conclusion

Rating: 5 stars
Summary: Robert & Sharon deserve a prize!!
Review: I read this book after reading "The Retirement Myth" -S. Kerpel. Robert and Sharon deserve a prize, atleast from me. After reding this book, I`ve even switched to a job that gives me more time to "Mind My Business" though my paycheck is now "thinner"
It is a must read for all employees -Please try it

Rating: 2 stars
Summary: Flip through it in a book store
Review: I agree with the more negative reviews of this book. The writing is wordy/slow/redundant which makes the little information that is provided all the more frustrating. This thing could have been summed up by:
1) Think about how the government taxes different types of income.
2) Start a business.
3) Buy investment real estate.
The rest is just filler or misleading. Flip through it in a book store. Ignore any information on trading options etc etc. Options are a very complex instrument and other books are far far more useful than this little "intro" (come on R.K. do you really think Mr. and Mrs. Wanna Be are going to start trading options with that little bit of information ? Dangerous at best)
Better yet buy "Fooled by randomness" for a reality check on investment concepts.
I would have given the book one star if it did not make the reader feel a little "better". So one star for content and one for "feel good".

Save your money .....better yet save your time. The original Rich dad/poor dad book is pretty good. The rest Rich dad/Poor dad are permutations on the same theme.


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