Rich Dad's Guide to Investing [NOOK Book]

If you plan on become a successful Business owner or Investor, this is the book to read

This book tells you in great simple details almost everything important that you need to know about starting a business. There is no one better than Robert Kiyosaki when it comes to simplifying his explanations. This is a must for all Business Owners, Investors, and students alike.

1 out of 1 people found this review helpful.

The Thought Process of Becoming Rich

Kiyosaki is reviled by some for his Rich Dad series. Critics point out that he offers no specific plans for someone to become rich (ie. invest in this stock, or buy that property). Kiyosaki correctly notes that it would be impractical to give that sort of advice, and instead focuses on the mindset of the rich, and the skills that should be learned to get there. This volume, the third of the Rich Dad series, is by far the most detailed, and while it does build on the principles learned in the first two volumes (Rich Dad Poor Dad and Cashflow Quadrant) someone new to the series could read this without being completely lost. As usual, Kiyosaki is easy to read and he explains everything in great detail, although he sometimes repeats himself too much. Although I enjoyed this book and learned a lot, I will need a break before I read any more Rich Dad books. As a side note, Kiyosaki includes a suggested reading list in each volume that is very helpful, and he offers free online pre-recorded seminars for those who are interested (the website is in the book, and no I don't work for Kiyosaki).

1 out of 1 people found this review helpful.

disappointing

It is inspirational motivating the entrepreneurial spirit. I was searching more for technical information for decision making involved investing in stocks. Even still the book could have been half the length. States the same things on numerous occasions. I was seeking more meat from the book than it provided. It also makes attempts to sell you other products that he offers for the information that I probably was seeking. If I had the opportunity to have my money back for the book I would take it. I have it for sale!

1 out of 1 people found this review helpful.

It may change your mindset

What I took away from the book was if you want to be financially secure, work for yourself. A world of tax benefits opens up when you own your own business. Educate yourself on what you need to get started or seek out those people who can help you. Obviously, success is never guaranteed no matter what you do, but you must have the confidence to take the first step. This book will give you the inspiration to do just that.

Very Insightful

I enjoyed reading the book. Mr. Kiyosaki does a good job in explaining why the rich continue to get ahead. I now have a lot of insight as to how the rich think, in regards to their investment choice. I also enjoyed the section of the book that explains the different ways a million dollars can be amassed and the problems associated with each. Furthermore, I found the last half of the book informative, especially the B-I Triangle and its components. This book is not a nuts-and-bolts kind of book. He really doesn't give you any particular strategy on investing, rather a philosophy. In addition to this, Mr. Kiyosaki is true to what he says on the back cover of the book: This is a guide, not a guarantee. I find that he repeats the story of when his rich dad purchased the expensive piece of land a lot. He's a little vague at times, but other than that, it's a good read.

Excellent book for someone who knows nothing about investment

Good read to understand some basic concepts of investment and get excellent inspiration to think differently than you are traditionally taught to or believed in. This is the 3rd book of Rich Dad series that I am reading and I know that I will never look at the world the same again. This book is better understood if one has read Rich Dad Poor Dad and Cash Flow Quadrant. I will recommend it anytime to anyone.

A great read

A wonderful follow up to his first book. He expanded on his previous book and explained in simple language what we didn't know about investing and investments in general. I do, however, think he was a bit too repetitive and this made the book a little tedious to read, but it's well worth your time to read it.

Excellent

This book shows you the different types of investors, and tells you why the rich are allowed to invest in the more riskier investments then the poor and middle class. The information in this book is very valuable for people who do not know much about investing, this book is greatly recommended for first time investors.

About time

If people take the lessons to heart of this book to become more aggressive in their investment strategies then they will have the opportunity to join the wealthy.

Create Your Investment Plan to Overcome Stalled Thinking

As in Rich Dad, Poor Dad, this book has the delightful story line of advice from the father of a friend who became a very wealthy man before his death -- leaving his family well set financially for 100 years! I think it's that base in reality that makes these books so interesting. One of the best ways to learn is to have a successful mentor who will guide us through the key challenges of getting started. This book is designed to duplicate the experiences that the author had his his rich Dad. For example, the key questions that rich Dad asked him are at the end of each section for you to answer for yourself. I found my answers to be revealing, even though I have been through a lot of similar sets of questions. Well done! The story line picks up after the author is coming out of the Marines in his twenties to find his boyhood friend already wealthy from his own efforts. The financial advice parts of the book are tied into helping you pick up a meaningful financial plan. You begin by deciding what you want money to do for you. That's an excellent thing to do. Some want security. Some want more income. Others want substantial wealth that keeps growing. You should decide. Some books make the mistake of pushing you to choose a goal that really isn't what you want. Rather than push you in a particular direction, the book emphasizes key principles (compound cash tax-free, create assets with your mind as well as with your money). The author notes that each of us has preferences that will take us in different directions for implementing whatever our goals are. I liked that approach a lot. You will recognize a lot of the diagrams from Rich Dad, Poor Dad. But it is good advice, so it doesn't hurt to have the repetition. This part is fairly compact, so you can skim through it if you feel confident about the material. This bo

Now I know who the real investors are!

This books explains clearly investing from all different sides. It didn't delve into one particular vehicle nor did it waste it's time on evaluating stock picking methods. This book really shows who true investors are and who there not. (traders, real estate agents, etc.)

Pick up this book and study it!!!

This is THE book. The Nuts & Bolts of Investing. It provides you with a Blueprint that will help you achieve lasting wealth. If you are truly serious about building true wealth for yourself, and your children and their children, then buy this book.

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