Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

I am a big fan of RK so take this with a grain of salt if you hate the guys guts. First off, I've been studying money books for almost two years. Most of them were for the middle class which told you to play it safe and diversify. Answers were little and fear was great. Basically, if you had a lot of time, you could at least retire adequately from those books. So then I found RK last May and what a change! This was exactly what I was looking for: not people who couldn't walk the talk but people who had done it and done it well. Understand that RK and his wife lost most of their money and had to live with a friend (it's in their second or third book) but there's no shame in this per se as some people feel. This guy is basically telling you about his mistakes, at the risk of being attacked, and letting you avoid them. I've played CASHFLOW 101 about 30 times and moved on to 202 and have played it about a dozen times now. THe group I am with is positive and training their minds to see the invisible. One guy has already started to do r/e deals in Calif and while he is still looking around in a tough market like the Bay Area, he's moving along. RK's books are really about opening your mind to the possibilities as cliche' as it sounds. Once you decide to specialize in a particular investment vehicle (i.e. real estate, MLMS, stocks, etc), you will need to get the information from other sources. In RDGTI, RK covers how he got started in investing. Now, some of this information will be out of your league unless you want to become a big time rich person but the most important thing is learning how he thinks. When you know he thinks, that will help you even more so in your future investments. The important things RK's books do is give you smidgens of various fin. vehicles and, more importantly, teaches you to believe that the possibilities are out there. Let me stress that again: the possibilities ARE out there. The problem is: most Americans have trained their mind to believe there are very few and they cannot get them so they repeat this vicious circle. That's the biggest problem I've noticed since training my mind and learning. You've got to believe and you have to start seeing the possibilities: or, seeing the invisible as RK calls it. Once you start doing that, you're on your way. After this book, check out his audio casette series RICH DAD'S GUIDE TO FINANCIAL LITERACY (advanced) or YOUR FIRST STEPS. You can also check him out at RICHDAD.COM . . .or, you can get these items for less at ebay or your public library or half.com The important thing isn't so much as where you get it but that you use it, learn it and apply it. REVISION NOTE AS OF 09/05/03: I am at a loss for words as to why the RK books are getting slammed on Amazon. These are the books I started with two years ago, which inspired me to be more and never work a day job again. Since then, I won't say I haven't lost money but I've made more money and things are only looking up. Additionally, I've gotten involved with a group of other investors, who were all inspired by those books. In fact, if it wasn't for the RK books, I and my other colleagues wouldn't be on our ways to financial freedom. So, when people slam RK and tell me it doesn't work, I just shake my head and realize that these are people who are living in their delussions. Everyday I'm surrounded by people who have accepted their financial cages and think things are too good to be true. Until they change their perceptions of abundance and money, they will forever be constricted. I used to think like that and had a dead end day job. Now, I'm making more than ever and, in less than five years, I plan to be financially free. Good luck to those who keep an open mind.

As being the third and final book in the original Rich Dad's series, this book has done an exceptional job of both summarizing Robert's Rich dad's financial concepts AND deepening the essential knowledge to become a successful investor as well as to achieve the ultimate financial freedom. For that same reason, the first half of the book can seem to be simply repeating the previous books' lessons, such as the cash flow quadrants, the true differences between assets and liabilities, the rich dad vs. poor dad stories; however, the second half of the book went into the extreme details of how to intelligently invest (e.g. how to calculate financial ratios to value a business and an investment opportunity, how to effectively operate your own business, or how to create passive income streams from investment). You need to be patient when reading this book, especially if you have read the first two books in the serie. You will be able to gain a lot of new knowledge if you keep your mind opened and curious to learn. While I agree with some other negative comments that the book can be much more concise, I personally believe that the repetition of some critical lessons really help them stay much longer and deeper in my head. This book is thick and contains lots of financial advices, so I highly recommend it to people who have been following this serie and are debating if this book is worth it. No, Robert will not give you the exact answers on which specific stocks to buy or what locations to build a house on. This book is not about that, and it should NOT be. Your investment portfolio should be built on the foundation of your financial needs and vision, not others' vision for your financial needs. Instead, Robert gave you rock-solid knowledge and foundation on financial literacy and investments so that you can build your OWN investment and business empire. Go for it, read this book, finish the serie, absorb the knowledge, and you will become a much better version of yourself. That is exactly what I have been able to get out from this serie, and I hope you will, too. Again, I highly recommend this book.

As I am finishing up this book, and I can say with confidence that out of the first 3 books in the Rich Dad series (Rich Dad Poor Dad, Cashflow Quadrant, and RD Guide to Investing) that this book is by far the best one. I can tell that Robert has put a lot of care and attention into writing this book and does an amazing job at making complicated financial subjects simple enough for anyone to understand. There is minimal fluff and Robert conveys a genuine desire to teach his knowledge and wisdom to the reader in a way that is both engaging and easily digestible. I am sure that anyone with a willingness to learn can appreciate this book for what it is : A guide to building your financial independence.

This book is an extension of the Rich Dad’s basic rules of investing, emphasizing the importance of business structure, tax efficiency and legal protection. True wealth comes from controlling the entities that generate cash flow. In this book you are given advanced investment strategies.

Starts of extremely honest, easy to read, comprehend and apply to real life situations. Great book for a first time investor, or even a long time invester; has every point of view. I am an elder, never was educated on investment, was referred this book, what a great choice. Definitely recommend. Great value for price, for this information is truly priceless.

The setup of this book is nice. It's chapter has a review section with questions and explanations. This is something that should absolutely be taught in schools. No I have purchases other book on investing. I hope it's as good. I would recommend this especially to teenagers who need to learn while they're in high school how to handle their money and how to make money.

Like his first two books, there are countless valuable lessons to take away here. Based on the title, you (as i did) probably expect this book to be heavy on specifics in terms of types of investments to focus on. This is not entirely incorrect, however what he details and the mindset he lays out will challenge your preconceived notions of the world of business and investing. Really, it’s more a business book than an investing book, which is one of his main points. Overall great sequel to Cashflow Quadrant and in a lot of ways is a more in-depth look into it. I would highly recommend Cashflow Quadrant before reading this.

I’ve read and listen to audio version 3 times and at the third time I found out actually this is the truly the best investment book I’ve ever read. I had read several books from other great investment mentors such as Tony Robbins, the problem is, they are the one teach you to be wealthy as a middle class, but Robert Kiyosaki is the one really guiding me to be a rich man. tho I love the whole book but currently the chapters serves me the best is the first 10 chapters, on my third time reading them I finally learned the core lessons such as: Mindset to become a player in this money game It doesn’t take money to make money How following a simple boring formula and make a plan can make me rich ultimately. I truly enjoyed these priceless content, in my opinion people rate low on this book are the ones want a clear answer on “what do I invest in” but it just don’t work that way Financial Literacy always trumps hot tips

I like it.

It's an incredibly informative book. Unlike most other books that go into details of a specific topic, Robert Kiyosaki talks about the core basics of investing. If you are planning to invest for a long-run, this book is a must have. Although the writing is not professional, Kiyosaki more than makes up with his clear illustrations and simple-to-understand language. "Investing, like any other skill needs experience." He clearly explains how gambling is not the way to go but investing in knowledge, of at least the basics, and a ton of experience is a GUARANTEED WAY to an abundance of wealth. This book is mainly for beginners as well as professional investors who are looking to understand Investing at a deeper level. Kudos! Coming to packaging and delivery, excellent service by amazon. I even got a beautiful bookmark in the package.

This book is truly gold—filled with insights and lessons that go far beyond anything I learned in school. I’ve read three of the author's books, and each one has challenged me to reflect deeply on my beliefs, habits, and mindset. I recommend going in with an open mind, because some truths in these pages will make you uncomfortable. I had to confront the fact that I was doing things wrong, and that wasn’t easy—but it was necessary. The chapter on how vocabulary reflects class was incredibly eye-opening, as was the idea that time is our most valuable asset. The contrast between street smarts and school smarts sparked a big conversation with my best friend, especially about how we gamble with our lives—something I now see is very true. Learning the history of tax laws and why they were created was crucial, and the advice to pursue jobs for skills—not money—really resonated with me. I’m proud of the skills I’ve gained across industries; now it’s about learning to apply them with intention. What struck me most was the reminder that our parents’ teachings were right for their time—but may be completely wrong for ours. We're still following outdated systems, and it's holding many of us back. This book challenged me, educated me, and helped me grow.

Book cover creased and pages were stained

Easy language for newbies like me. Not overkill and explains things in a easy way to understand.