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Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money Paperback – September 21, 2009

4.1 out of 5 stars 205 customer reviews

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"Be Obsessed or Be Average"
A personal finance book about a man who went from rock bottom to multi-millionaire by pursuing his passion. Learn more | Kindle book
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Editorial Reviews

From Publishers Weekly

In the latest installment of Kiyosaki's Rich Dad series, he opts for an innovative approach with largely diminished returns: struggling with a way to inform average citizens on the current economic crisis, and how to rise above it, Kiyosaki decided to write a book in online installments, seeking the questions and comments of his readers (which are peppered throughout this print version). Though an undeniably effective technique for help readers identify with the material, more professional input would have produced a volume buoyed by more of Kiosaki's lucid explanation, and less bogged down with repetition, poor pacing and a rigid view of government policies. Regurgitating dogma from previous books without fleshing them out, it seems Kiyosaki is less interested in creating a new volume than in teasing his old volumes. Kiyosaki's fans will doubtless buy this and may enjoy it, but readers new to the Rich Dad series will feel obligated to buy his other books for a proper understanding-something of a "conspiracy of the rich" in itself.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

Robert Kiyosaki is the bestselling author of the RICH DAD POOR DAD, which is the bestselling personal finance book of all time.

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Product Details

  • Paperback: 272 pages
  • Publisher: Business Plus (September 21, 2009)
  • Language: English
  • ISBN-10: 0446559806
  • ISBN-13: 978-0446559805
  • Product Dimensions: 6 x 0.8 x 9 inches
  • Shipping Weight: 11.4 ounces
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (205 customer reviews)
  • Amazon Best Sellers Rank: #355,502 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By AnAmazonCustomer TOP 500 REVIEWERVINE VOICE on September 11, 2009
Format: Paperback Verified Purchase
First of all, I'm not a Kiyosaki fan...his style of writing just tends to annoy me however, he is one of those authors that is able to effectively communicate with the average person and often has one or two gems that make it worthwhile to read his books. Having said that, this book is a bit different than his others both in terms of content and style. It is primarily compiled from his website which by this point, is both a work in progress as well as a day by day breakdown of the current economic crisis unfolding as history. The book contains comments by readers of the website/blog as well as more traditional insight and commentary by Kiyosaki et al.

As a college instructor as well as business writer, I'm quite familar with authors that "try out" or compose a book from class notes, lectures, journal submissions and articles etc...but few have used an online format as a pure marketing ploy to generate both interest and actual content. I suspect it takes a highly recognized name and a major economic melt-down to pull it off. Sales of this book will certainly determine if it is pure genius or merely a gimmick.

Aside from the collaborative nature of the book, the actual writing retains the same consumer friendly, conversational tone found in former "Rich Dad" books with the very pleasant lack of constant reference to the "dads" which was a personal pet peeve. Personally I found this to be more readable than most and equally interesting.

The author departs from the prior "real estate" emphasis into a much broader investment perspective which includes precious metals and other assets, proper use of debt, information and much more. I was fairly impressed by both the rationale and future trends as well as the very "do-able" information presented.
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This remarkable book is filled with factual information, both current and historical, and although that information may discourage or frighten some readers the book is written in such a casual style that it is almost as if its story is being told by your best friend. Only, in this case your friend actually knows what he is talking about. It is a great read, and the information it conveys is simply too valuable to miss. I only wish such books had been available forty or fifty years ago.

In any event, if you are a product of America's public school system, you may very well have asked yourself, as I once did: "What have I learned in my twelve years of school that will help me get a job?" That's certainly an interesting question, but, strangely enough, the answer is far less important than the question itself. For that question reveals a mindset that has been instilled in America's children by our public education system, by conventional wisdom, and, in all probability, by almost every student's parents for generations. Namely: Get an education, get a job, work hard, buy a house, save for the future, and someday you will be able to retire and live happily ever after.

That mindset, according to this book's author, has doomed generations of Americans to a lifetime of hard work with little chance success, leading many to someday ask themselves: "Why is it that I have a good education and work hard at my job, but I never seem to be able to get ahead?
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Considering R. Kiyosaki is a wealthy man from his other books he is really providing a patriotic service to our country. As a student of the banking system and money in general, he does expose the fundamentals of who "prints" our money and to the private organization a large part of our federal taxes feed.

Because of his platform and fame, he really is exposing himself to risk on this one. He's really connecting the dots. I'm sure those in control will not appreciate this being in the mainstream. He clearly states that change isn't coming with Obama (or any President, rep. or dem) and we'll have to be the change. This book operates on this fundamental... in order to break the rules, you have to know them well. You need to know the fallacies of the "old" rules of money before you can apply the "new" rules.

This book will open your eyes to what money really is... shouldn't you know what most of the world goes to work for every day?

Pick this book up while you still can.

Thanks Robert for all of your books. My life has never been the same since reading Rich Dad Poor Dad. He has steered me clear of the "Rat Race" pitfalls most people fall into.
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Format: Paperback
You want to know the secret to salesmanship? Agree with your customer philosophically so that he thinks you're a kindred spirit. Then when his emotional defenses are down, sell him garbage.

I thought that this would be an interesting book because I'm libertarian and anti-Fed, but it all came apart when it dealt with personal investment advice. And that was the reason to read it, wasn't it?

Let's get something straight. The banksters want you to go into debt. They manipulate the credit cycle to charge interest in boom times and foreclose in bust times. There's no such thing as 'good debt.'

The author emphasizes cash flow, and then he gives as example how much of his income is derived from royalties and licenses on his books and games. Now how is that supposed to apply to the rest of us?

About the only applicable advice he gives is to rent out properties for more than you pay in mortgage payments. Wow, never heard of that one before. I wonder what would happen if the renters couldn't pay. Hmm.

In the Author's vision of America, nobody actually produces anything. Instead, they simply make investments. The author pretty much comes out and says that anyone who works for a living is a chump. How food, clothing, housing, appliances, health care, electricity, etc., are to be provided when everyone is busy playing cash flow games is not explained. America may not want an explanation, but China is wondering.
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