Rating:  Summary: WARNING! This book could make you very wealthy... Review: To fully appreciate the value of this book I suggest you first read "Rich Dad's Success Stories." The advice in this book is very effective and worthy of your full investigation.Pick up a copy of "Rich Dad's Success Stories" and "Rich Dad Poor Dad." You'll be glad you did!
Rating:  Summary: Much Blather - Little Info Review: I've never quite seen someone who can fill over 150 pages with near useless drivel. Mr. Kiyosaki, goes on rabbit trails and is simply a salesman. I don't believe he knows very much about what he is talking about, and chooses to speak in generalities rather than specifics. You will walk away from this book a bit poorer in both time and money. If you're needing concrete investment strategy and facts, then look elsewhere.
Rating:  Summary: This book did save me a lot of money Review: Before reading Rich Dad Poor Dad I was out of control, letting brokers make my financial decisions for me and letting my employer determine my lifestyle. What I got out of Rich Dad Poor Dad first of all is to think for myself. No broker, financial planner or advisor will take care of my money as well as I will. Point of fact, I once turned over a sizeable amount to a broker and asked him to watch it for me. He must still be watching it because I never saw it again. Employers determine how much we make, when and where were can go on vacation. We work 9-5 and at the end of the week, our employer who has us on a chain, loosens that chain let's us have a little freedom. Once a year (or more depending on how long you have worked for them) your employer reels out that line a little more for something called a vacation. Our employer even determines what kind of retirement or even if we can retire based on pensions and 401 (k) plans all of which are determined by the employer. Thanks to Rich Dad, I found a better way. I determine my own investments and have done quite well thank you. I have started my own super successful business and set up my own retirement plan. I am in control. I also think for myself, something that Kiyosaki learned from his Rich Dad. I used to read certain financial magazines but stopped when I realized that most were just cataloques for certain financial companies and offered very little useable advice. I lost a bundle buying a stock recommended by my broker because it was in (.....) magazine. To sum up Rich Dad Poor Dad, it is the true story of Robert Kiyosaki and his real father who was poor following pretty much the same system that most people do; go to school, get a job etc. and his "Rich Dad", actually a friends dad who was rich but followed a different system, of being an entrepneneur, independent. Rich Dad Poor Dad is a excellent book to launch you into financial self reliance. It sure worked for me.
Rating:  Summary: It really works! Review: I bought Rich Dad Poor Dad along with Rich Dad's Success stories and I am excited! I am investing in real estate and small cap stocks as recommended by Kiyosaki. Using leverage and already started by own business. Rich Dad Poor Dad is the definitive wealth developing book and I highly recommend it.
Rating:  Summary: Absolutely awesome book! Highly recommended! Review: Over the years I have bought many books on personal finance and wealth, but found that most of those books fell far short on their promises, except for Rich Dad Poor Dad. You won't find any fancy techniques but you will find the kind of information that creates wealth. In reading some of the reviews, it is obvious that some people or one person has a personal issue with Mr. Kiyosaki and continually reposts the same garbage trying to dissuade readers. Does it work? Nope. Look at the book sales for Robert Kiyosaki's Rich Dad Poor Dad and other books. I think that speaks for itself. This same person insults readers intelligence by hyping a website that is usually down due to violations and server problems. If you do go there, you will find ads for other products and services and soon will find your emailbox loaded with spam. What is so good about Rich Dad Poor Dad? First of all, it gets you thinking in the right way that will help you achieve success. It also blows some holes through common dogma and will tell you some things you don't want to hear. Someone once said that the definition of insanity is to continue to do the same thing and expect a different result. I find it amusing that so many people will invest their time in a job, a investment, savings, buy a home and do things in other traditional ways, complain on why it doesn't work but keep doing it. I know a guy that got canned from a job that he absolutely hated and then went out and found another job just like it. I also know some people who were heavily invested in mutual funds, especially loaded mutual funds where you pay for "professional advice" and those people are not too happy with their results. What do they do? They go to yet another "professional" who makes money when you buy or sell, not whether you make a profit or not. Speaking of mutual funds, didn't Kiyosaki warn us about that in his books? The man knows whereof he speaks. Kiyosaki also encourages leverage. LEVERAGE as in OPM-Other People Money in buying real estate and businesses. Some people have a problem with this probably because they have read other books by many other authors who encourage being debt free, cut up your credit cards and so on. Kiyosaki encourages only good debt like real estate, businesses and in some cases, buying stocks on margin. This is how the super wealthy got rich and continue to get rich. Conversely, Kiyosaki is opposed to people who use debt to elevate their lifestyle. For more information on this see Rich Dad's Guide to Becoming Wealthy Without Cutting Up Your Credit Cards. Or read Rich Dad Poor Dad, the whole book not just the free sample pages. Kiyosaki also recommends investing in small cap stocks. Some reviews here have stated that he recommends anything from penny stocks, canadian equities and other things. Only goes to prove that these people have not really read the book. Small caps and a list of these stocks are available from IBD or WSJ or BARRON's or you could just invest in a small cap mutual fund but be very careful of the company that you invest in. Check them out. Fortunately the current mutual fund scandal is cleaning out the rats and leaving better opportunities for serious investors. Stick with the no-load funds, that is what is working for me. Another thing that bother some people is that Kiyosaki discourages putting too much of your company stock in your 401 (k). Have people forgotten about Enron and Worldcom already? How about other companies whose stock is still down 90%? There are people who were looking forward to a golden retirement now spending their retirement years working at Wal Mart or McDonalds because they listened to their broker (who made them broker) or their company benefits company director who also made them broker. Once again Kiyosaki is right. And for these companies that only match you in your 401 (k) with company stock, find a different retirement strategy. For more information of investing to win I recommend Rich Dad's Guide to Investing, Retire Young Retire Rich and Rich Dad's Prophecy. Interesting is that in Rich Dad's Prophecy, released over a year ago, Kiyosaki predicted many of the scandals that are taking place right now. The man knows what he is talking about. Another thing that gets some people irate is Kiyosaki's comments that a house is not an asset. A house is an incredible asset, if you are the bank. Here again is common dogma and proof that we were all taught wrong. From the youngest age, we were taught that a house is an asset. WRONG! Letting go of old misconceptions is difficult, even when they don't work. We want to believe. Fortunately, many people today are looking for answers and are looking to change. Book sales for Rich Dad Poor Dad and other books by Kiyosaki are increasing. Rich Dad's Success Stories once and for all squelches Kiyosaki's bashers and prooves that the Rich Dad philosophy in fact does work. Fans of 1,000+ page books written by magazine reporters will not like this book. But then again, how are the fans of those books doing financially? I rest my case. It boils down to a philosophy taught by Anthony Robbins. It's called modeling. In the case of wealth, if you want to be wealthy, do what the wealthy do. Kiyosaki retired at age 47 and has achieved incredible wealth. Obviously the man knows a thing or two about wealth. Reading books by journalists is okay if you want to be a journalist, but it won't make you wealthy. Likewise, going to tabloid-like websites won't make you wealthy either but is okay if you enjoy reading trash. By the way, I also recommend Anthony Robbins books Unlimited Power and Awaken the Giant. Another excellent read for achievers is the Purpose Driven Life. Rich Dad Poor Dad is a ground breaking book and a must read for all who want to succeed.
Rating:  Summary: Inspirational, BUT... Review: This book does do one thing...pumps you up. However, Kiyosaki cannot support any of the claims he has made. Do some research on the internet and compare this book to some of his other books and you will find many inconsistencies in his life story and outrageous claims. Or better yet, go to www.johntreed.com and look at his analysis of the book. He's done all the work for you! It is extremely interesting, especially after you've read the book! For anyone who is interested in financial freedom, I recommend researching authors before their buying books and then decide who you believe is crediable. I wish I would have learned this a few years ago...I would have save a lot of money! There are a lot of good sources out there. I have read about countless books and articles on financial success over the past three years...many good and many bad. This book is certainly one of the most interesting...but don't look to it for real answers. There's none here.
Rating:  Summary: If you have a dream, buy this book! Review: This book changes lives -- and I know that from experience. Nine years ago, my husband and I lost a son in a car accident and we lost a prosperous business right afterwards. The two events were related; we had a white-collar crime ring working in our business, but didn't know it. We thought our business would be our ticket to getting out of the rat race. Instead, it turned out to be another prison (we both worked 60-80 hours a week), and to boot, it betrayed us. When our son died, we decided to go for our dreams of becoming authors. We eventually succeeded but our journey would have been a whole lot easier if we had had this book. Robert Kiyosaki's concept of passive income is the piece of information I was missing when I had my business. If I had know then what I know now, I would have EASILY been able to afford my lifelong dream of becoming an author AND I could have done it (full-time!) years ago. If you have a dream, buy this book, do what Kiyosaki says, and then go for your dreams. Review by Mary Anne Thomas, author of "Ask and You Shall Receive."
Rating:  Summary: Promises? Yes. Answers? No. Review: First of all, let me say that this book is certainly well written. I have no doubt that Kiyosaki is making a lot of money from these books. But, I ask you, take a real close look at these reviews. Is anybody posting success stories? And saying how? By naming names? A great deal of this book is in the new style of motivational writing. Every page you read is selling this book. And while I certainly don't doubt that it can inspire a great many people, when you put this book down you find that you haven't learned anything new that hasn't been said before. I was shocked to see that some of the things that Kiyosaki recommends are horribly outdated. For example, he goes into great detail how he bought foreclosed property for little money down, and then turned it around to make a profit. Hey, this was a great moneymaking idea - back in the 1970s! But now, even he admits that if you try to do this you're going to find that there are hundreds of people, with the same idea, trying to buy the same property! So, why did he just explain a moneymaking scheme where the odds are overwhelming against you? Another method he mentions is how he made money buying stock before it's offered for sale to the public. Kiyosaki forgets to tell you that this is called an Initial Public Offering (IPO), and it's damned difficult to get one - unless you either have connections or are extremely lucky. Out of the 204 pages of this book, the actual practical advice can be summed up on maybe two pages. Here's the best advice from this book: 1. Buy ASSETS instead of LIABILITIES. This is the secret to making money without working. But Kiyosaki forgets to mention the famous axiom that goes along with buying assets: "You need to have money, to make money" 2. Buying a house is often a lousy investment. Banks make you believe that you're getting a terrific tax deduction by paying interest. The only problem is that for every $100 you get back in taxes, about $350 is wasted money, totally flushed down the toilet. 3. Understand Sales and Marketing, and be good at it. 4. Understand tax law. I see a lot of well written reviews on this book. Professionally written reviews. I suspect that these reviewers have all learned from Kiyosaki's sense of style. "Most people work for their money. Rich people have their money work for them" Gee, you know how much work it takes to write a 204-page book? And, at my count, he's written about 15 books. You know, just because a book calls itself different, doesn't mean it is. If Kiyosaki's rich Dad really does exist, I suspect that he made his money writing books.
Rating:  Summary: Excellent!! What schools DON'T teach Review: Your kids may learn how to read and write in school but one thing they will never learn at school is how to become financially secure. This is perhaps the most important lesson of all and one that they WILL learn from this book. I highly recommend that you buy this book and start teaching your kids how to be financially secure. I would also recommend another great book for your kids..."The Power of Positive Habits," this book will show you how to instill lifelong positive habits for excellent health and success. Invest in your kids now.
Rating:  Summary: Success is a choice! Review: I loved this book. Serious, yet funny, it gets straight to the point: your future success and financial standing lies in your hands. If you are serious about succeeding in the financial world - and your personal life tied to it, then this book is a must-have for you and your family. The principles in this book has had a major affect on my attitude to finances and the methods to generate money. Indirectly, it also made an investment in my own career as a motivational speaker and author. Rich Dad was one of those books that I couldn't put down, and better still, I couldn't wait to apply the principles. This book is well worth your time and money.
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