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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: 1 stars
Summary: Kiyosaki a fraud? You determine.
Review: The raving reviews from friends compelled me to read this book. It's an interesting book, to say the least. Below I listed the pros and cons:
-- Easy-to-read, but poor writer
-- Motivational speaker, but book has little substance
-- Interesting story, but not factual
-- Teaches about success, but he himself lack credentials
-- Provides real estate investing examples that are enticing, but does not mentions it's feasibility

My advice is: Buys this book if you enjoy reading fictious stories about finance and want to contribute to Kiyosaki's ONLY source of wealth. If you prefer a nonfictional and practical book about finance, make sure you research the author's background.

Rating: 3 stars
Summary: Kiyosaki vs his bashers--Smart Money article
Review: I just finished reading the article about Kiyosaki in the February issue of Smart Money Magazine. An excellent piece, I might add.Having read Rich Dad Poor Dad, I found Kiyosaki's first book moderately interesting and entertaining. I don't agree with everything he says and I too wonder if there really is a Rich Dad.Regarding Kiyosaki's bashers, I am amused. I mean, Kiyosaki writes books, conducts seminars and hosts a website. His bashers attack him for this...BUT...they write books (albeit mediocrce, self publshed low selling books), host websites and also conduct seminars (albeit with amateur speakers and to much smaller crowds) but aren't they doing the same things that they attack Kiyosaki for?I also understand that m any of them spend considerable time ont he internet hyping penny stocks i.e. the enfamous PUMPnDUMP routine. Don't they accuse Kiyosaki of this as well? I know Kiypsaki recommends small cap stocks.It sure sounds to me like the Kiyosaki bashers practice the same unethical things that they accuse Kiyosaki of. Only these guys are a small frog trying to make the leap into a big ocean.As far as I am concerned, I hope Kiyosaki fights back and then if we are lucky both groups will extinguish themselves from the face of this earth and then this world will have a cleaner, much cleaner smell to it.Nice article Smart Money. How about doing one of the little frogs now?

Rating: 1 stars
Summary: High on hype, short on details.
Review: There is an article in SmartMoney's February 2003 edition that has shed some light on this "Karma Chameleon". That is not an easy feat as very little that Kiyosaki claims to have achieved in his books can be verified. Before buying any of his books, it may be wise to read the SmartMoney article and this online analysis of Kiyosaki. The Rich Dad in his books may not even exist. This was his response in the SmartMoney article, "Is Harry Potter real? Why don't you let Rich Dad be a myth, like Harry Potter?". His books may get you thinking about your finances but without any concrete advice to guide you, the only person you are making wealthy is Robert Kiyosaki.

Rating: 3 stars
Summary: Good, but not great
Review: A "so-so" book - good title and intro, but I learned more from the "Wealthy Barber" book.

Rating: 4 stars
Summary: Good Advice From Good 'ol Dad
Review: Financial and personal discipline, along with boosting the reader's financial IQ, are the major themes in Rich Dad, Poor Dad. Readers may be distracted by the relationship "issues" running through this otherwise excellent book. I'm not sure if Kiyosaki is intentionally tapping into the emotional maze of the father-daughter/father-son relationship to get his financial lessons across. These relationships are naturally fraught with misunderstandings and frustrations; not the least of which involve financial matters. (And what if your father qualifies as both a "rich" Dad and a "poor" Dad?) That aside, I found the lessons to be informative, practical, and motivating. I look forward to reading others in the series.

Rating: 1 stars
Summary: Garbage ...
Review: Kiyosaki has managed to combine everything written on success, wealth, strategy and business - whether bad or good - into the greatest MLM empire since Tom Vu's. Buy the Millionaire Mind or The Milionaire Next Door if you want real insight on the wealthy.

- In one breath he's a married millionaire buying Porche's and Mercedes' from excess money, then two minutes later he's broke and borrowing $2,000 from a friend at 10% for 90 days for the down payment on a $20,000 foreclosure. He then resales the property in a few hours for $60,000. If he was so wealthy in real estate, any bank would hand him an unsecured $2000 _instanlty_ based on assets or FICO.

- He also buys stocks on tips, and then sells after they go up in a week. Like everyone in the late 90's, he believes in speculation and high risk games. In my opinion, his stories actually tell of unmanaged risk and what he _thinks_ is the road to riches. This is converse to becoming, and STAYING, financially wealthy. Ok, I bought his CD set, so his plan is working ...

Credibility statement: I grew up a poor minority in South Central Los Angeles, have a state college BS degree, 8 properties, and have both poor and deca-millioniare friends and family. I know garbage when I hear it ...

Rating: 5 stars
Summary: Rich Dad, Poor Dad: What the Rich Teach Their Kids About Mon
Review: Husband got for Christmas. I started reading and couldn't stop. Am so motivated I bought the next two books (from Amazon[.com], of course)!

Rating: 3 stars
Summary: Sound advice -- buy assets not liabilities
Review: I can't say much for the readability of the book -- it is poorly written and poorly edited. But Kiyosaki does make a good point -- most of us are pretty good at managing to stay in debt and one step ahead of the tax man most of our lives. Saving and financial investment are fine, but the real key to wealth is to buy assets that appreciate in value, and, ideally, throw off a revenue stream. Probably easier said than done (or we'd all be rich) but this is a bit of financial advice one doesn't receive under normal circumstances. Not a classic, but worth the time to browse through some rainy afternoon.

Rating: 5 stars
Summary: ...I finally understand economics!!
Review: I read Rich Dad Poor Dad -- by Kiyosaki, and contributor, Lechter -- in a day and a half! I am no math genius -- in fact, due to a traumatic brain injury, my math skills were impaired. However, after reading this book (about a year ago), I am still quoting from it in conversations anywhere from family dinners, discussions with "experts" on finance as well as business and social get -togethers. What I have learned: "Anything that takes money out of your pocket is a liability. Anything that puts money into your pocket is an assett." And always keep assets higher than liabilities. I never understood taxes, their effects, the economic cycles and tactics, bonds.....and I am still no expert....but - reading this book has made a person -- me -- who understood so little about finance -- financially literate. And that is the whole key to the book...understanding as much as you can with expending as little as possible. One may be surprised that "study hard/go to school" may not so much apply these days...but after reading this book, it is easier to understand how the "C" h.s student is a billionaire and how the "A" students from high school and college may not be in the best financial position. This book gives anyone the inspiration to be wealthy -- not just in dollars, but also by increasing your (at least MY) financial and socio-economic knowledge!!

Rating: 5 stars
Summary: Don't make a big deal out of the Smart Money article
Review: A couple of yearsgo, Forbes did a real nasty article on Suze Orman. Her detractors predicted a collapse but the opposite happened. Today Orman is bigger than ever. Intelligent people were able to wade through the media b.s. and accept Suze Orman for what she really is.DITTO FOR ROBERT KIYOSAKI. I'm not surprised at the media f blasting RTK. I'm only surprised that it took this long to start.Rich Dad readers who understand and are following RTKs philosophy wil brush this off just like Ormans readers brushed off the negative b.s. about her.


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