Book - Customer Review:9
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
Robert T. Kiyosaki, Sharon L. Lechter
Rating: 3.5/5 Stars
Rank: 603
Real Diversification (Frankfort, KY United States) October 7, 2002 - 5.0/5 stars
The rich become richer because their investment styles differ markedly from
the middle class and poor. Kiyosaki is very effective in noting the
difference.The issue is not whether one should invest in stocks, bonds,
mutual funds, or precious metals versus hedge funds, private businesses,
and rental properties.
The issue is becoming a real investor: one who can
thrive in the up times and down times. A real investor receives regular
cash flow from his/her investments.
And cash flow is the true bottom
line. That is what separates true investors from pretenders. How many
middle-class "investors" understand how to use options to
protect their investments?
How many know how to read a 10-K and make
decisions based on the numbers? That is how a real investor thrives during
bear markets.
(They don't wait to hear the news on CNBC or CNN or even the
Wall Street Journal; by the time the news hits there, it's too late.
You
MUST know how to interpret financial reports!) Many
"investors" talk about how they made money on this stock or that
stock.
They were not investing; they were gambling. True investors research
their investments and make informed decisions based on objective criteria.
By becoming financially literate, you can effectively reduce your risk.
After all, most investment risk is due to the investor. That is
Kiyosaki's point.
Customer Review: 9 of 56
Customer Reviews
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
Robert T. Kiyosaki, Sharon L. Lechter
Customer Review
8 - 10 of 56
![]() | | 8. | The world of investing turned inside out | | March 9, 2004 - 5.0/5 stars | | With all of the changes affecting the industry it is refreshing to be
presented with a new outlook on investing that does not subscribe to the
total devotion of the stock market. With insights geared towards looking... read full review |
![]() | | Current Review | | 9. | Real Diversification | | (Frankfort, KY United States) October 7, 2002 - 5.0/5 stars | | The rich become richer because their investment styles differ markedly from
the middle class and poor. Kiyosaki is very effective in noting the
difference.The issue is not whether one should invest in stocks, bonds,
mutual... read full review |
![]() | | 10. | Invaluable if you need to change your Investor Mindset | | (Mount Vernon, NY United States) August 9, 2002 - 5.0/5 stars | | I have a read a number of the negative reviews and I think I understand
their criticism, so I wanted to give my perspective and why this book is
so important to me. What Kyosaki brings front and center in this book is... read full review |
Editorials
Sample 3 of 4
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
Robert T. Kiyosaki, Sharon L. Lechter
![]() | | | 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... read full editorial |
![]() | | | From AudioFile | | Rich people have a different mindset about money and don't just invest
passively in the stock market. They certainly don't work for other people.
They control their money more intensely by starting businesses and buying
real... read full editorial |
![]() | | | Book Description | | "The rich get richer. The poor get poorer. We've all heard that
complaint many times before. But finally, that long-standing monetary
tradition has been shattered, as Kiyosaki explains how even the smallest
investor... read full editorial |
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