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

Name: Rich Dad's Guide to Investing: What the Rich Invest In That the Poor and Middle Class Do Not!
SKU: 76872
Availability: InStock

4.7 | 6,065 ratings

Price: 21.88

Last update: 06-18-2024

Top reviews from the United States

Leo V

The ultimate Rich Dad's Lessons

Reviewed in the United States on July 7, 2020

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.

bell

Definitely a step up from Rich Dad, Poor Dad.

Reviewed in the United States on June 14, 2024

This book was very insightful. A lot of the tips and information I found helpful. I feel as if there is a lot of negative views on the author for his methods preached. People are entitled to their opinions, but I found the information in this book helpful.

Michael Hazuda

Another banger from Robert

Reviewed in the United States on August 22, 2023

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.

Sean

I look forward to taking control of my financial future and setting myself up for success.

Reviewed in the United States on November 29, 2022

I've listened to its audiobook and it has been incredibly helpful in giving me insight into what makes the rich successful. It is full of practical advice on building wealth through investing, and the writing style is easy to understand. I'm already seeing the benefits of the suggestions in this book and am grateful for the knowledge it has imparted. I highly recommend this book to anyone interested in learning more about how to make their money work for them.

Dale Brewer

Easy and enjoyable read

Reviewed in the United States on April 7, 2024

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.

MISTER SJEM

After reading his third book, you're ready for his website

Reviewed in the United States on March 23, 2001

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.

qyah

good

Reviewed in the United States on April 10, 2024

my brother liked it

J B

Rich dads guide to investing

Reviewed in the United States on January 26, 2024

Very good. Very knowledgeable writer, with excellent examples.

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