"Investing means different things to different people. In fact, there are different investments for the rich, poor, and middle class. Rich Dad’s Guide to Investing is a long-term guide for anyone who wants to become a rich investor and invest in what the rich invest in. As the title states, it is a "guide" and offers no guarantees... only guidance.” (Robert Kiyosaki)
Rich Dad’s Guide to Investing will reveal:
Rich Dad’s basic rules of investing
How to reduce your investment risk
Rich Dad’s 10 Investor Controls
How to convert your ordinary income into passive and portfolio income
How you can be the ultimate investor
How to turn your ideas into multimillion-dollar businesses
How and why many people today will go bankrupt
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Repetitive Sales Pitch & Fake Stories
This book completely fiction and made up. He never had 2 dads and "Rich Dad" never existed. It's been proven and he's admitted it. Yet, with his horrible writing and disturbingly repetitive stories and statements, it's amazing how he can repeat the same garbage for this long, book after book after book.
If you read the first book, you will NOT get anything new out of here. So disappointed, it's a complete rip off and sales pitch to attend his seminars and buy his ridiculously expensive mentoring packages (that are just more sales pitches).
DO NOT LISTEN TO THIS BOOK! Fair warning, it's the same stuff in his first book, just overly embellished, exaggerated, and useless. He literally continues to repeat, "your house is not an asset" "Rich Dad's philosophy is your house is not an asset" "Why call your house an asset if it costs you money" "your house is not an asset" "Rich Dad's philosophy is your house is not an asset"..... see where I'm going?
DO NOT LISTEN TO THIS BOOK!
Great content when actually getting into investing
Yes - the mindset behind the guidance is enlightening and refreshing all at the same time. Definitely different than the traditional mindset around money management but certainly also the most 'real' view on how more aggressive investors get rich.
I love the way that Robert discusses how he had to think differently about investing from Mike due to the difference in income and the implications that this had on investment strategy.
I didn't expect the book to spend so much time on starting a business. In many ways I was a bit surprised that the title didn't allude to this more given it was such a major part of the book. Even still it was a good message.
- BobbyÂ Moore