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| Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not! | 
 enlarge | Authors: Robert T. Kiyosaki, Sharon L. Lechter
Publisher: Time Warner Books
Category: Book
List Price: $19.95
Buy New: $2.89
You Save: $17.06 (86%)
Buy New/Used/Collectible from $2.89
Avg. Customer Rating:  (192 reviews)
Sales Rank: 2236
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 403
Shipping Weight (lbs): 1.1
Dimensions (in): 8.9 x 6 x 1.2
ISBN: 0446677469
Dewey Decimal Number: 332.02401
EAN: 9780446677462
ASIN: 0446677469
Publication Date: June 2000
Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
The rich are different from the rest of us, if for no other reason than U.S. tax and securities laws allow them to invest in ways that keep us from catching up to them. That's why 90 percent of all corporate shares of stock are owned by 10 percent of the people. Kiyosaki believes it's possible for anyone to move up into that 10 percent, but it takes a different view of investing than most people have: it takes a plan to be a successful investor. And a plan is more than simply buying and selling, or collecting "assets" that bring in no cash and are thus more akin to liabilities. The way most people invest, "they might as well be pushing a wheelbarrow in a circle," he writes. A plan is "mechanical, automatic, and boring," a formula for success that has worked historically for most of those who've used it. Kiyosaki's "rich dad" (actually, the father of his best friend) tells him the simplest analogy is the game Monopoly: buy four green houses, trade them for one red hotel, and repeat until you become rich. The overall message of Rich Dad's Guide to Investing is that this is an abundant world, full of opportunity for the sophisticated investor. However, it sometimes takes a while to find this point. Much of the book is told in dialogues between young Kiyosaki and his rich dad, and these conversations can ramble. There are rewards for the careful reader--for example, in the middle of a section on the basic rules of investing, Kiyosaki's rich dad compares investor education to toilet training: difficult at first but eventually automatic. But getting to these inspired metaphors means wading through a lot of repetitive dialogue. It's a bit ironic that someone who advocates investor discipline should show so little as a writer. But by the end of the book, even the rambling starts to make sense. By the hundredth time you read that the rich don't work for money, and that you don't need money to make money, both concepts start to make sense. It still looks difficult to apply these ideas, but Rich Dad's Guide to Investing certainly makes the case that they'll work for anyone bold and smart enough to practice them. --Lou Schuler
Amazon.com
The rich are different from the rest of us, if for no other reason than U.S. tax and securities laws allow them to invest in ways that keep us from catching up to them. That's why 90 percent of all corporate shares of stock are owned by 10 percent of the people. Kiyosaki believes it's possible for anyone to move up into that 10 percent, but it takes a different view of investing than most people have: it takes a plan to be a successful investor. And a plan is more than simply buying and selling, or collecting "assets" that bring in no cash and are thus more akin to liabilities. The way most people invest, "they might as well be pushing a wheelbarrow in a circle," he writes. A plan is "mechanical, automatic, and boring," a formula for success that has worked historically for most of those who've used it. Kiyosaki's "rich dad" (actually, the father of his best friend) tells him the simplest analogy is the game Monopoly: buy four green houses, trade them for one red hotel, and repeat until you become rich. The overall message of Rich Dad's Guide to Investing is that this is an abundant world, full of opportunity for the sophisticated investor. However, it sometimes takes a while to find this point. Much of the book is told in dialogues between young Kiyosaki and his rich dad, and these conversations can ramble. There are rewards for the careful reader--for example, in the middle of a section on the basic rules of investing, Kiyosaki's rich dad compares investor education to toilet training: difficult at first but eventually automatic. But getting to these inspired metaphors means wading through a lot of repetitive dialogue. It's a bit ironic that someone who advocates investor discipline should show so little as a writer. But by the end of the book, even the rambling starts to make sense. By the hundredth time you read that the rich don't work for money, and that you don't need money to make money, both concepts start to make sense. It still looks difficult to apply these ideas, but Rich Dad's Guide to Investing certainly makes the case that they'll work for anyone bold and smart enough to practice them. --Lou Schuler
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| Customer Reviews: Read 187 more reviews...
 Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not! June 8, 2008
Excellent book for starters on the way to financial freedom or people who would prefer to be inspired by common sense approach intellect that provides a base to slingshot their financial freedom and start getting out of the rat race
Excellent Book May 30, 2008
4 out of 4 found this review helpful
Must read if you are interested in investing in any area. Stocks, RE, Futures, whatever. Very informative in the normal Rich Dad way. I think this is third in the series and one of the most important!
 Guide to Investing May 5, 2008
Every time I pick up a Rich Dad, Poor Dad book I get so excited about all the unique and life changing information that it is sure to hold for me. Then I start trying to read it. . .
I truly believe that Kiyosaki means well but he is such a terrible, awful, wretched, and inept writer that I am forced over and over again to labor into finding what he is actually trying to communicate. He writes in endless circles, teasing you with a juicy bit of information and then taking a hairpin turn back into meaningless restatements of his personal life and literary procrastinations. I scream, "What are you even trying to say and when will you give me something that I can use!!!"
And there we have the real issue. This book leaves me full of tidbits that I have no idea how to incorporate into my life. How can I possibly suss out a functional process of investing from this dizzying maze of high school writing skills and meaningless anecdotes?
 Pretty good, not great. November 15, 2007
It continues on some of the topics from his first book(Rich Dad Poor Dad- a five star book) but kind of leaves you feeling inspired but needing more information. The ratios given in the book are a few of the many that are taught to finance students but in using them care needs to be taken. Companies have manipulated the financial statements used in these formulas before to get the wanted outcome. Its a good book but feels drawn out, like it could have been condensed a bit. I would buy again for the price its going for.
Awesome November 10, 2007
1 out of 6 found this review helpful
Now these guys are awesome! I am in another country. I pointed, clicked, and had the item in less than 72 hours.
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