Rich Dads Guide To Inverstingby Robert T. Kyosaki
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overview - Rich Dads Guide To Inversting
Rich Dad's Guide To Investing, What The Rich Invest In, That the Poor and Middle Class Do Not is Part Three of Kiyosaki's personal money trilogy. The saga begins with Kiyosaki as a young officer and fighter pilot returning home from war only to find his Poor Dad, having fallen out of favor in his cushy government job, recently unemployed. So, at age 52, Poor Dad is looking for work and just starting to rebuild his financial life. Rich Dad has been building up his assets and is incredibly wealthy.After a day in Rich Dad's spacious mansion discussing accredited investors and private placement memorandums, Kiyosaki returns to his cramped officer's quarters, his three beer-guzzling, pizza-eating, TV-watching roommates, and his $12,000 annual officer's salary. Kiyosaki contemplates what he wants from life. Kiyosaki decides not to re-enlist. He will become rich. Rich Dad agrees to resume his role as Kiyosaki's financial mentor.
As in Rich Dad, Poor Dad, Kiyosaki's writing is very personal and grabbing. But, what about the quality of the financial advice? I disagreed with much of Rich Dad, Poor Dad and partially expected Rich Dad's Guide To Investing to discuss the power of day trading, getting rich quickly in the stock market, and building a fast fortune with real estate. When I picked up the book, I found my expectations were wrong.While I don't agree with everything in Rich Dad's Guide To Investing, I feel it is packed with some great observations, good advice, and excellent insight into wealth building. Kiyosaki says you should make a plan to be financially secure, a plan to be financially comfortable, and a plan to be rich.
About the Author
Robert T. Kiyosaki (born April 8, 1947) is an American investor, businessman, self-help author, and motivational speaker. Kiyosaki is best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written 15 books which have combined sales of over 26 million copies. Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA. His new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's Cashflow Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times. Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" CDs and disks.
Sharon L. Lechter (born January 12, 1954) is an American CPA, author, businesswoman, investor, educator, international speaker, and philanthropist. Lechter is best known as the co-author of the international best-selling book Rich Dad, Poor Dad and the Rich Dad series of books as well as one of the founders of the Rich Dad companies.
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