Rich Dad's Guide to Investing: What the Rich Invest in, that the Poor and Middle Class Do Not! by Sharon L. Lechter Summary and Reviews
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Book Reviews of Rich Dad's Guide to Investing: What the Rich Invest in, that the Poor and Middle Class Do Not!
Book Review: a rambling, repetitive mess
Summary: 2 Stars
I enjoyed Kiyosaki's first book Rich Dad Poor Dad, but that's about it so far. Guide to Investing is not the detailed, in-depth, enlightening, factual book that I was looking for. Instead, it's a rambling, redundant, simple book that really made me feel cheated. He did touch on a couple things that I liked such as the different levels of investors. But even with that he took a 3 page explanation and drew it out to 100 pages. The book is wordy, very basic, and meant for retards with a 5th grade reading level. Kiyosaki is a story teller, not a "how-to" guy. I read 200 pages and quit reading. He uses too many simple diagrams to illustrate a simple point and has too many blank pages as filler.Book Review: Not a good book
Summary: 1 Stars
This book, just like the others in his series, does not provide measurable steps, despite the misleading title. Kiyosaki is a salesman and not a financial planner; please do not put your money into what he is telling you. He does not have his facts straight and relies on people buying his books in order to make his money.Book Review: great guide to get you started with confidence.
Summary: 5 Stars
This is great book for anyone who has a strong urge to get into the world of investing, but does not want to be the average investor. this book is for the entreprenurial at heart.Book Review: Why didn't Robert write this sooner!
Summary: 4 Stars
OK, you know you need to invest some of your money. Duh! Everyone from our parents, to our teachers, to the financial experts they stick on the TV news tell us that. So what to invest in? Again, financial planners, stock brokers,(most of us having a commision to make off of your decision) and those "experts they stick on the TV news" again.
Being a former stockbroker, I feel your pain. And this book is only going to muddy the waters, I'm afraid. But read it. because there will be a part here and there, that you will relate to. That part is for you. There will be other parts may be appealing. Those parts are for you, too. The rest may cause you to lose touch of your financial goals, or at least question them. Albeit in a healthy fashion.
Thousands of people have read this book, and I'll bet it benefits everyone a bit differently. It may confirm you are right where you want to invest...even if that means saving money in a bank CD or in a mutual fund. Or, it may show you a whole new, sophisticated realm of investing you never thought you could do. Trust me, you can do the things in here, even in small, baby steps, and I'm helping others do the things in this book as I am helping myself. My only regret was I couldn't read this 20 years ago...It wasn't printed yet!
Darn!
Book Review: Pretty Good
Summary: 3 Stars
This book has been pretty good to me so far. It doesn't give the specifics I want/need, but it does give good info on how to think in order to build wealth. It's really long, and it feels like it will never end sometimes. I'm pretty sure rich dad is fictional, and Kiyosaki is very redundant in his story telling. You get some of the same stories over and over for 400 pages. Probably a good place to start, but because of this book I'm going to get a little distace from the RDPD series.