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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Paperback – April 11, 2017
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It's also emphasizes the importance of building an expert and reliable team to support and direct the investors goals. At the same time one has to train oneself to overcome "fear" and the constant noise of the fiscally uneducated, inexperienced and well meaning family and friends (plus most commentators, brokers and advisors.)
at the end of the book there is, of course, a sales pitch for his own expensive (he says) teaching games...these games may be fun but I think applying the info in this book is enough and learning by experience (with the help of experts) may be good enough.
I will buy a copy for my wife in Chinese language.
Nevertheless I have the feeling that:
- It has a single main concept ("buy assets and make the money work for you to escape the rat race"). You dond't need to write a book on that, an article would be enough
- It deliver suggestions mainly for real estate investments. What if you are not in this business?
- Sometimes kind of repetitive (even if, that's true, repetition helps retention)
I reccomend thsi reading for perosnal finance literacy.
The book is full of very informative information, a lot of which I missed the first time I read it. As I have learned a lot in the pass few years since reading it the first time, form life experiences and simple learning from things like books,podcast, and seminar. In fact I have seen Robert Kiyosaki a few times at seminars (though I have never meet him). As a result of the knowledge I have gain, I was able to get a lot more out of the book, as I'm better able to follow along.
My father gave me a few nuggets of wisdom to help guide me financially, which (had I followed) would have put me in a better state financially than I'm in how; however, it was this book that helped connect those "dots" (or nuggets) and make everything click in my mind. I now see how to become financially independent, understand the importance of REAL assets, and am now working on putting together a new game plan. Wish I'd have read this 20 years ago.... Alas.
What I loved about this book is that it reads as friend-to-friend conversation. I hadn't gotten past Chapter 2 but that my "wheels" were already turning; the creative energy flowing. I've already recommended this book to friends and will continue to do so. It really opened my eyes!
The only criticism - the author's tone is a bit robotic at times. I found this to provide an unintentionally comedic touch at times.
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