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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

List Price: $16.95
Your Price: $11.53
Product Info Reviews

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Rating: 5 stars
Summary: How to get rich in good and bad times
Review: In this great book, Robert Kiyosaki motivates the discouraged and uneducated to rise above their current situation and enter the world of the rich through business ownership and investment. He redefines the value of home ownership and encourages the acquisition of income producing assets to pay for our gadgets and home. His thinking is solid and mature. He is not selling a get rich quick scheme, and makes sure you understand that you will fail on your path to ultimate success. I loved this book. I recommend it highly, and I also recommend Cashflow Quadrant. Another book I absolutely recommend is Optimal Thinking: How to Be Your Best Self. Optimal Thinking is the mental software to become emotionally self-reliant, deal with risk most effectively, maintain objectivity and make the most of opportunities in booms and recessions.

Rating: 5 stars
Summary: Simplistic but powerful
Review: I am grateful to Robert T. Kiyosaki for sharing these gems of wisdom that his Rich Dad shared with him. They are simple, but also powerful gems of wisdom. It is uncommon knowledge.

Common knowledge has you believe turn your money over to a stockbroker and have him/her watch it for you because they are the only ones that can manage your money. FACT: Stockbrokers on average sell you the hot stock of the day. They make their money on commissions irregardless if you make a profit or not.

Common knowledge has you believe that to buy a home you need to go again through a broker and only get financing through a bank. FACT: You don't need a broker and you don't need financing via bank. There are still plenty of assumable mortgages available and other forms of owner financing programs.
There are also plenty of foreclosures and consequently, plenty of people who need help from a competent and caring real estate investor who can save their [the person about to go into foreclosure] credit. You think banks or brokers really care about your credit? Think again.

I also like the fact that Kiyosaki points out that a house is not a asset (unless you are a bank or broker) A house eats you alive.

Kiyosaki is also right on about your employer. As Kiyosaki's Rich Dad told him, being in the E-Quadrant is the wrong quadrant for your sake.

Rich Dad Poor Dad is a life changing book. The only person attacking this great book is someone that nobody has ever heard of, has no record to speak of other than he sometimes has a tabloid-like website that is usually down more than it is up and has had similiar websites on other "guru's" that have been shut down. Interesting is that the more this guy posts, the more books Kiyosaki sells. Keep posting...Kiyosaki loves you!

I am grateful to Kiyosaki and his Rich Dad for sharing this simplistic but powerful information.

Rating: 1 stars
Summary: Simplistic and greedy way to look at the world.
Review: This fellow makes Standard Oil look tame. Kiyosaki grew up in priviliage in Hawaii and tries to convince the reader that anyone who works for a living including those that have companies (like me) are wrong if they are getting their hands dirty.

Its a new blend of Capitalism with a touch of nazism and darwinism. He thinks that there are two classes of people out there haves and have nots (dead flesh). Worker bees and people that feed off of worker bees. The CPA that co-authored the book has the right last name, Lechter. Makes me shudder to think that people are reading this and liking it. The LCD has no socio-economic border. This boy needs a tour of some poverty in this country. Excuse me "his dumb parents" were in the peace corp.

Moronic theories and greedy execs and investors have turned this country into the mess its currently in. Our kids need a government that taxes less and takes responsibility for its actions. He tries to make a point on taxes. I agree we are double and triple taxed, but taxes have also helped create an environment in which free trade can flourish. It also helps him profit in his ventures, but in his small moronic model of the world there are smart dads and poor ones (that are educated and contribute to society). Instead he listened to greedy daddy and decided that he wants to retire at 40 and play golf all day. A fine book for ditto heads.

This is some kindling for the fireplace. I cannot believe that people have given this piece of nonsense 4 stars.

Don't waste your time if you consider yourself a human, a "compasionate conservative". I want my money back!

What about your kids, do they mean anything to you?

If you want to learn about money and challanges without killing people with low wages read a Trump book. Donald Trump is a genius, this guy is a sad darwinistic puppy.

Don't waste the cash. People that read this and live like this will be put in their place by society. The law of reciprocity.

I laugh when I read the back cover. Sharon 'Hannibal' Lechter writes "I love my children and want to ensure they get the best education possible! Traditional schooling while very important, is no longer enough. We all need to understand money and how it works" If you earned your CPA designation and don't know how money works, you've got a problem!

It needs to be retitled "Corporate America goes LLC. crazy, do less, make more, and step on others, it worked for me" Just what so-called educated Americans need to be teaching their kids. Greed is what got us here you dopes! More greed won't help anyone. Stay away from this book!

I'd put my name on the review but they would try a defamation lawsuit, by the way, that would be an asset in their book.

Rating: 5 stars
Summary: An excellent Book
Review: This book has changed the way I think about my future. I recommend this book to all kids. Parents should get this book for all kids that are Juniors in High School. I wish someone bought me this book when I was in High school.

Rating: 5 stars
Summary: Great Advice for the youth
Review: This is a great book which shows you to take risks with your money. Makes you think about the way your parents use their money and if they are really doing the right thing. These kind of books always help you out in the future.

Rating: 3 stars
Summary: Yes, I read this book for my economics class
Review: Although the book, in theory, is practical, it's not actually very useful because it only gives you the theory not the how-to, and many people, including myself don't know how to put their knowledge from the book to use. The whole thing is inarticulate and it seemed like a bunch of ideas were randomly jumbled together, but don't get me wrong, I didn't actually dislike it, I'm just a little frustrated because I know that the sooner you start the better and I don't know how to and am to lazy to figure it out. And, I also liked how it suggested that school and a "good education" is overrated because that's what I've been saying all along.

Rating: 5 stars
Summary: Happy New Year Mr. Kiyosaki!
Review: Rich Dad Poor Dad was the book that started it all for me. Now I realize that a house is not the asset I thought it was. I realize that my [former] boss was not the great guy I thought he was nor was the company that I worked for doing me any special favors either.

I always had a dream to be my own boss and when I read Rich Dad Poor Dad, I felt that Rich Dad was talking directly to me. I had been brainwashed by the educational system and then corporate America. It is a rat race out there and I felt like a rat.

What a pleasure it is now to own my life. To own my own business. To be in control. And to be able to share what I know with friends via the Rich Dad series of books.

Over the holidays, our family enjoyed a educational experience with the Rich Dad Board Game's. We also bought the childrens version for our three daughters. What a way to start them on the road to financial freedom!

Thank you Mr. Kiyosaki for sharing the knowledge that your Rich Dad shared with you. We are looking forward to a great 2004 and a great rest of our lives. Before being Kiyosaki-ized we had a lot of doubts.

Thank you! Thank you! Thank you!

Rating: 5 stars
Summary: YES---Happy New Year Rich Dad--our family thanks you!
Review: Without a doubt, Rich Dad Poor Dad is the best financial book ever and that is why it has stayed a best seller this long. To fully appreciate the results produced from the people who actually followed The Rich Dad Philosophy, pick up a copy of Ric Dad's Success Stories. Plenty of people from a 12 year old who bought a rental property to a 60 year old who had no retirement funds, took over a business and now is doing incredibly well.

Our whole family is now using The Rich Dad Philosophy. We own rental properties, businesses, invest ala Rich Dad instead of listening to self serving brokers who only make you broker.

I also recommend CASH FLOW QUADRANT, RICH DAD'S GUIDE TO INVESTING AND RICH DAD'S PROPHECY. Also Real Estate Riches and Real Estate Loopholes.

Mr. Kiyosaki, you helped make 2003 oour best year ever. Thank you very much.

Rating: 1 stars
Summary: Caveat emptor
Review: Let me begin by saying the positive aspects of the book. If you are completely and thoroughly financially illiterate, then this book should at least get you thinking and going in the right direction.

Sadly, that's the limit of my positive aspects. There are two huge problems with this book - first, the author suggests you do illegal things, and two, the author's past is incredibly dubious.

I don't know much about real-estate (I've read that there are legality issues, as well as poor recommendations in general, about some of his real-estate investments and his corporation), but I know my share about stocks. Why is Martha Stewart in hot-water? Insider trading. Kiyosaki suggests that you get tips from your broker and friends (he asks, why have rich friends? Well, according to him, it's so that one can get inside information - "the sooner you know, the better are your chances for... minimal risk"). Even if it wasn't illegal, it's a very low reason for having friends.

Also, who is this rich dad of his? Critics have been asking for years who he is, and Smart Money magazine asked the same thing. His frustrated response was that rich dad was a conglomerate of a few different personalities. To quote Kiyosaki, "Is Harry Potter real? Why don't you let Rich Dad be a myth, like Harry Potter?" Yet, he also claims to have taken companies public. According to SEC law, owners of a company with more than 5% of outstanding shares are recorded on various financial statements and documents, yet Kiyosaki is not listed on any of these.

Also, his net worth is a big secret, yet he once said that it is "between $50,000,000 and $100,000,000, depending on the day." I feel very bad for a person whose net worth gets slashed that much on a day-to-day basis. Infer what you want.

Nearly all of this is referencing to John T. Reed's excellent and thorough write-up about Kisoyaki: http://www.johntreed.com/Kiyosaki.html. It's through his and his readers' research that I have come across this material.

I've wasted money on these books. I suggest you don't do the same. A very, very big disappointment.

Rating: 5 stars
Summary: Happy New Year Rich Dad and thank you
Review: Following your advice in Rich Dad Poor Dad has helped me to make 2003 the best year of my life. However, as I continue to follow your advice, 2004 will easily top 2003.

Thank you sharing the wisdom of your Rich Dad RTK.

Have a Happy & Health 2004 everyone!


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