Rating:  Summary: Garbage Review: In interview after interview, Kiyosaki never divulges how much money he actually has or makes from his investments. He does not use proper real estate terminology and looks confused if a real estate pro asks a pointed question - which usually results in Kiyosaki quickly turning tail. His claims regarding education and armed forces service are suspect. And believe it nor not, he has NEVER revealed who his Rich Dad is! You would think that at some time he would pay homage to the 'man' who taught him everything, but not once has this occurred.He also gives some very bad advice in this book - casually mentioning making several lowball offers of 50% market value for some properties. In real life, such an offer would be considered an insult. He mentions how rich people are better to have as friends since they can give you inside information on companies, allowing you to make better decisions regarding a company's stock. That's called insider trading and is very much illegal. And it's a really crass way to look at your relationships with people - whether they can help you get rich rather than be fulfilling friends. He also advises to buy multiple rental properties in multiple states (why? so you can pay more people to take care of them?) and that you can use a business to buy yourself a Corvette or a Rolex (try explaining that to the IRS). This book is a sham, and did not start selling well until someone affiliated with multi-level marketing Amway (a questionable company that is pretty much a pyramid scheme) bought a bunch of copies. If you are truly interested in real estate, check out John T. Reed. His website also rates all the real estate gurus and he has devoted some time to write a scathing review of Kiyosaki after reading his book. So... no one knows how much he makes, he can't answer simple real estate questions, no one knows who Rich Dad is (and many people have tried)... smell a rat?
Rating:  Summary: Not for Harvard Business School Graduates! Review: There are a few reviews in here that have some negative commentary about the book... Saying that it is common sense to know the things Kiyosaki talks about in his book. Well, the point of the book is for people who were not taught the common sense of financial intelligence, which is pretty much everyone that doesn't have wealthy parents or was afforded the opportunity to go to an elite business school. This book is for people who need to know the basics and understand how to apply them to their life. If you are a Harvard or Wharton Business School Graduate this is not the book for you. If you are in debt, want to learn how to grow your assets and want to learn how to be financially free when you retire this book is a great place to start!
Rating:  Summary: This "dreamstealer" re-read the book.... Review: ..and I stick by my original review. I noticed a lot of Amway/Quixtar jargon in the 5-star reviews. 5%, rat race, rut, stinkin' thinkin', go-to-school-get-a-good-job myth, just to name a few (wow, so original) If you want to use this book for motivation, that's OK, I would think people would want hard facts to back up the author's claims of riches (oops, forgot, facts don't count). The attacks on 1-star reviews by MLM'ers are very tired and predictable from those who are desperately hoping their "business" will make them millionaires. This book does give good basics (spend less than you make, asset/liabilites) but any financial book will give you that. BTW - all my former "retired" uplines now have J-J-J-JOBS to support their "interactive distribution" business'.
Rating:  Summary: Millionaire School Review: Rich Dad, Poor Dad offers good stories and advice for the reader who really wants to make money work but doesn't want to read a dry financial text. This is not a guide to making your money work so you don't have to work at all. It is a sensible approach to balancing your life and finances. Rich Dad, Poor Dad challenges the reader to take a detailed look at what works and what doesn't work in managing lifelong goals. I used to make a living as a financial advisor, so I know that setting realistic goals and managing finite resources is one of the biggest concerns of investors. Kiyosaki challenges each reader to do what is right based on personal goals and desires rather than following a cookie cutter approach to wealth. This is a good book if you are looking for a new perspective on the age old dilemma of having more. Just remember that the information is presented in a storybook format for your enjoyment. Ultimately, your left with the hard decisions of having to sort out the specific advice that works for your situation. After reading Rich Dad, Poor Dad, check out Rat Race Relaxer: Your Potential & The Maze of Life to help you navigate through the uncertain maze of the future.
Rating:  Summary: Rich Dad Poor Dad Review: I'm the CEO of a business acceleration company and was very impressed with the message behind this book. Regardless of how you choose to make money, Rich Dad Poor Dad explains the importance of managing your money and spending wisely. If more people would define assets and liabilities the way Robert Kiyosaki does, the world would be much more financially secure. I highly recommend this book to anyone, especially young people who are learning how to manage their money. Regardless of how much money you have or make, this book will change your outlook on how you spend and invest it. It will fundamentally change your mindset when you face decisions about assuming debts-something that will affect you for the rest of your life. I hope you find this review helpful. Steve Watts
Rating:  Summary: Excellent! Review: Initially may come across as a bit elementary (if you have had basic exposure to accounting), but picks up very quickly. Kiyosaki makes quite a few basic and extremely valid points that we can easily overlook when managing our day-to-day finances. Also provides insight on great investing ideas that the average investor would not necessarily think of. I highly recommend this book to anyone who is trying to get a better grasp on their finances. I am going to purchase another one of his books right now.
Rating:  Summary: EXCELLENT -REQUIRED READING Review: THIS BOOK PROVIDES EXCELLENT AND VALUABLE INFORMATIN. AFTER I FINISHED IT, I INSISTED MY WIFE READ IT . HER RESPONSE WAS, I THOUGHT IT WAS PRETTY GOOD. INFORMATIVE MY SON IS NEXT HE IS PRESENTLY READING
Rating:  Summary: Trite baloney Review: Poorly written. A smattering of common-sense advice that a 10 year old could figure out for himself/herself. This book was really an advertisement for other services he wants you to buy. Total garbage. I returned it, it was so bad and poorly written. The worst book I've seen in 20 years. Useless. What more can I say? It's a sad commentary on the inteligence of the American public that this guy has sold more than 100 copies since publication. I agree with all the bad reviews thus far.
Rating:  Summary: I'm giving this book to all my kids... Review: I should have started 30 years ago with this newfound knowledge...It's not too late for me but I would like my kids to start building thier income producing assets earlier in life!
Rating:  Summary: I'm surprised that there are not more RD bashers, Review: Really, I expected far more 1 star reviewers than what I see here. RTK goes against the norm; he tells you that what you have been taught all of your life is wrong; if you want to be rich and happy DON'T go to school; go to full service as opposed to discount brokers; a house is not an asset, it's a liability and he recommends Network Marketing.A couple of glorified tabloids have recently taken cheap shots at RTK with edited versions of interviews with Mr. Kiyosaki. What took so long? A National Enquirer type of website keeps getting recommending here, but not nearly as often as I would have expected. Bring it on BABY!Amway keeps getting mentioned and blasted here as well, probably by the same people that dropped out of Amway 15-20 years ago because it "is too saturated" only to see Amway go from 1 billion in sales to over 5 billion. I think these guys need to re-evaluate that term "saturated".People freqently bash the Rich Dad board games. But then what would you expect from people who recommend pc games like Grand Auto Theft which teaches you how to become a pimp and a car thief?Yes--I am surprised that there are so few bashers for RD PD. I expected many more. Perhaps even the bashers are accepting the RD PD lifestyle or have just given up in frustration.Oh by the way, I have recieved numerous inquiries for my MLM business solely due to the negative comments made here at Amazon about RD PD. In a indirect way, you guys are promoting MLM--THANK YOU!!!Perhaps some day, you too will start a MLM business and then fully understandhow it feels to create a business from scratch that provides financial freedom and even more importantly, how to build people who previously thought that a 9-5 job and a college degree was all there was to a career.I also ascribe to the RD PD investing advice as espoused in RD PD, Rich Dad's Guide to Investing, Retire Young Retire Rich and Rich Dads Prophecy. If you tried it, you would enjoy profits too.Untill then, enjoy your penny stock pump and dumping and your pc games.
|