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



Amazon.com Customer Reviews

Excellent Book - Review written on May 30, 2008
* * * * *
Rating: 5 out of 5
4 customers found this review helpful.

Must read if you are interested in investing in any area. Stocks, RE, Futures, whatever. Very informative in the normal Rich Dad way. I think this is third in the series and one of the most important!
Guide to Investing - Review written on May 05, 2008
* *
Rating: 2 out of 5
1 customer found this review helpful.

Every time I pick up a Rich Dad, Poor Dad book I get so excited about all the unique and life changing information that it is sure to hold for me. Then I start trying to read it. . .

I truly believe that Kiyosaki means well but he is such a terrible, awful, wretched, and inept writer that I am forced over and over again to labor into finding what he is actually trying to communicate. He writes in endless circles, teasing you with a juicy bit of information and then taking a hairpin turn back into meaningless restatements of his personal life and literary procrastinations. I scream, "What are you even trying to say and when will you give me something that I can use!!!"

And there we have the real issue. This book leaves me full of tidbits that I have no idea how to incorporate into my life. How can I possibly suss out a functional process of investing from this dizzying maze of high school writing skills and meaningless anecdotes?
Pretty good, not great. - Review written on November 15, 2007
* * *
Rating: 3 out of 5
1 customer found this review helpful.

It continues on some of the topics from his first book(Rich Dad Poor Dad- a five star book) but kind of leaves you feeling inspired but needing more information. The ratios given in the book are a few of the many that are taught to finance students but in using them care needs to be taken. Companies have manipulated the financial statements used in these formulas before to get the wanted outcome. Its a good book but feels drawn out, like it could have been condensed a bit. I would buy again for the price its going for.
Awesome - Review written on November 10, 2007
* * * * *
Rating: 5 out of 5
1 customer found this review helpful, 7 did not.

Now these guys are awesome! I am in another country. I pointed, clicked, and had the item in less than 72 hours.
Enlightening... - Review written on November 06, 2007
* * * *
Rating: 4 out of 5

As always, Robert is quite enlightening and makes prosperity appear achievable. Parts of his message are pretty vague and there is lots of repetition on the same theme. However, it's a very motivational read.
A good book if you're already rich - Review written on October 15, 2007
*
Rating: 1 out of 5
7 customers found this review helpful, 1 did not.

There is very little useful info in this book for everyday investors. Instead, I would recommend: THE LITTLE BOOK OF COMMON SENSE INVESTING by John Bogle and THE MILLIONAIRE NEXT DOOR by Thomas Stanley.
Uri Gofman reviews Rich Dad's Guide to Investing - Review written on August 08, 2007
* * * *
Rating: 4 out of 5
2 customers found this review not to be helpful.
i happen to be a big fan of Kiyosaki. while light on specific acts to do or procedures to follow, this book helps one "think" in a manner that is compatible with creating wealth and success. it is unquestionably inspirational and inspiring. the next step is up to you!
ANOTHER HOMERUN BY RICH DAD!!! - Review written on July 23, 2007
* * * * *
Rating: 5 out of 5

Robert Kiyosaki has done it once again!!! Being an avid reader of business/ personal development and finance books for years, I always love reading the Rich Dad books. Robert's style is straight forward, friendly, and highly coversational. Anyone interested in understanding the mindset that one needs to create before beginning their personal conquest down the roads to wealth and freedom should read every Rich Dad book they can get their hands on!
Make Kiyosaki Rich and Yourself a Little Poorer - Review written on June 29, 2007
*
Rating: 1 out of 5
5 customers found this review helpful, 8 did not.

Make Kiyosaki Rich and Yourself a Little Poorer by buying this book. It amazes me how people buy the dream of becoming rich, yet make themselves poor. Kiyosaki certainly takes advantage of this by catering to greed and desire.

Case point: you are reading this book because you are poor. People rich in money and knowledge do not buy his junk.
Rich Dad's Guide to Investing is EXCELLENT! A MUST HAVE! - Review written on May 22, 2007
* * * * *
Rating: 5 out of 5
3 customers found this review helpful, 3 did not.

If you are wanting to find financial freedom, independance, would like to get rich, or just want to be educated on how to manage you finances, this book is for you.

I buy the whole series on cd,and you can fly through them and take notes. It is much easier to learn from the audio than to try to read a huge, long book. I listened to all of these books so far during car trips and during the drive to work. A great way to fill waisted time.
Interesting read - Review written on May 21, 2007
* * *
Rating: 3 out of 5
5 customers found this review helpful, 1 did not.

Pros:
- easy to read
- keeps you interested
- you find some good info here and there

Cons:
- too vague about the subject
- repetitive
- too situational to US market

Fine read for a holliday.
Worst Book I Almost Read - Review written on May 14, 2007
*
Rating: 1 out of 5
18 customers found this review helpful, 3 did not.

This book is terrible. I got halfway through, about 200 pages, and realized it was going absolutely nowhere. It reads like a bad infomercial, jammed with financial fortune cookies, that gives you absolutely no advice and no help. You'll get as much out of watching a Tom Vu half-hour as reading this mess. I keep waiting for a point, the nuts and bolts of investing (as the title might suggest), but none of that is here.

Kiyosaki is one of those typical rich guys who earned his wealth in one of two ways: 1) he got lucky and cashed in on real estate at the right time, or 2) he sold copies of a really bad book to people, promising to make them rich. In either case, it doesn't qualify him to provide these life lessons he keeps espousing.

And not only is the content bad (bordering on ridiculous), it is reads like it was written by a third grader. It's all these drawn-out conversations between him and his so-called rich dad. Seriously, it's like Miyagi in "The Karate Kid", only we never learn why we wax on or wax off or paint the fence.

Case in point: he emphasizes making a plan. A plan is very important, says he, and I agree. But I summed that up in two sentences and it takes him around 10 pages. And then he doesn't give any specifics about what should be IN the plan. Just have one or you'll remain poor. Thanks for the help. AHA!!! So that's what's been holding us poor minions back!!

After reading page-after-page and going nowhere, I started skipping large sections. Then I realized I could skip the whole book. I recommend you do the same. I can guarantee you will not get rich by reading this or any of his other books - I bet he won't guarantee the opposite.

Evidence-based decision-making applies to personal investing - Review written on May 04, 2007
* * * * *
Rating: 5 out of 5

"I always remember my rich dad saying, 'I have so much money because I was willing to make more mistakes than most people and learn from them. Most people have not made enough mistakes or continue to make the same mistakes over and over again.'" As I commented in Hard Facts, Dangerous Truths, in the Business Development section of this resource library, evidence-based decision-making is the key difference between succeful leaders and others. The same applies to individual investors and business owners. Study the facts, and hire people to also do that for you, and you can make better decisions. The rich, according to Kiyosaki, invest based on facts, not based on wishful thinking or based on fears and biases of family and friends. I like the writings of Kiyosaki because they are simple lessons wrapped in simple stories, and they cause me to think of my own decision-making. This principle is behind my reviews of instant wealth systems at civilsocietyblog at seedwiki.
This is a psychology book - Review written on April 08, 2007
* * * * *
Rating: 5 out of 5
3 customers found this review helpful, 2 did not.

The answer to the question posed by the title is simple: "Themself".
The book goes into details of "how" they invest in themself. You can choose to do the same if you like it and you will benefit.

The premise of the book is that poor people are poor because their mental wiring (The thought process) is wrong. This book is about how rich think and how you can "train" yourself to think like them.

Yes, the title is misleading, but if it were "Rich dad's guide to Mental rewiring - How the rich think and the poor and middle class dont", you wont buy this and neither will you be reading this review.

One quote from this book resonated with me:
"If you think you can, you can. If you think you cannot, you cannot. Either way, you are correct"

Read the book, it is a gem. It might just change your life.
RD Guide to Investing - Review written on March 29, 2007
* * * * *
Rating: 5 out of 5

For anyone who has no experience or no (family) history of finding, analyzing, and acting on investments, this book is one to read. For one who has some background, this book opens interesting avenues. I'm glad to have made this purchase and have recommended the book to others.
a rambling, repetitive mess - Review written on March 17, 2007
* *
Rating: 2 out of 5
8 customers found this review helpful.

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.
Not a good book - Review written on March 05, 2007
*
Rating: 1 out of 5
5 customers found this review helpful, 3 did not.

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.
great guide to get you started with confidence. - Review written on February 15, 2007
* * * * *
Rating: 5 out of 5
3 customers found this review helpful.

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.
Why didn't Robert write this sooner! - Review written on February 13, 2007
* * * *
Rating: 4 out of 5
2 customers found this review helpful, 1 did not.

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!
Pretty Good - Review written on January 12, 2007
* * *
Rating: 3 out of 5
2 customers found this review helpful, 2 did not.

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.
Pretty - Review written on January 07, 2007
* * *
Rating: 3 out of 5
5 customers found this review helpful, 2 did not.

All the books in this area are a rah, rah for money. I think they made it big on their book sales. Easy to read, not a step by step guide.
Invest in Guide to Investing - Review written on January 04, 2007
* * * * *
Rating: 5 out of 5
1 customer found this review not to be helpful.
Fantasic book, this book has brought me substanial knowledge in the subject of investing, business, and real estate. This is a must read and it will expand your thought process and your realm.
Good for killing time..Not good enough for building up your investment knowledge - Review written on January 02, 2007
* * *
Rating: 3 out of 5
1 customer found this review helpful.

If you are retired, looking for a non-fiction book to kill your time, this one is ok. If you are a serious investor or a beginner who means to be serious, try Andrew Tobias's. Kiyosaki's book(s) is(are) good to read when you are drowsy and don't want to spare your brain to follow and "analyze" things. i.e. doesn't actually accomplish to goal to convey the investment knowledge.
Motivational...but - Review written on November 10, 2006
* * * *
Rating: 4 out of 5
2 customers found this review helpful, 2 did not.

Motivational and inspiring, this book is a Rich Dad classic, offering investment advice specifically on taking advantage of current assets. Problem? Doesn't tell you how to gain assets. Other suggested titles to supplement this: Investing Without, Losing (ISBN 0978834607 - NOT on amazn on other stores)
Fantastic Book - Review written on November 04, 2006
* * * * *
Rating: 5 out of 5
2 customers found this review not to be helpful.
This is a great overview that has helped me personally and when explaining real estate investments to my clients. Information is absolutely power in this case.
Not helpful - Review written on October 22, 2006
* *
Rating: 2 out of 5
16 customers found this review helpful, 1 did not.

This is a repeat of the first 2 books for the most part. I do understand that the "Rich Dad Classics" aren't meant for tips and specific methods of making money, but rather a rich mindset.

Mineset, but ANY specifics? No. They are his best kept secrets. You would have to attend his money making seminars (i.e. spend more money) It's understandable to emphasize the importance of mindset in a book or two, and I did really enjoy the original "Rich dad, Poor dad," but it seems like ALL of his books are just about the mindset. What good is a mindset if there is no real direction in executing it. Don't waste your time reading this book, it's also the thickest of the three. If you haven't already done so however, read the original "Rich dad, Poor dad."
Kiyosaki - Does it Again! - Review written on October 14, 2006
* * * *
Rating: 4 out of 5
5 customers found this review helpful, 1 did not.

Kiyosaki's third book in his Rich Dad, Poor Dad series delivers again. This book is a logical progression of RDPD and CFQ building on his principals of building wealth for the first half of the book. Afterwards, Kiyosaki unveals what the reader has been waiting for . . . just how the rich invest. He disclaims the book plainly for the reader looking for the next hot stock tip or get rich quick scheme. The book delivers on it's title from a principal information standpoint, which should suit readers that realize that wealth is built up over time and based upon timeless principals and a strong foundation. The last two phases of the book are extremely well-written. Kiyosaki covers financial ratios, IPO offerings, taking companies public, and of course real estate principals. He presents his information to get you thinking not to give you answers for he knows the answers will come if the action is initiated. Another aspect of Kiyosaki that I particularly like is that he discusses his failures, which should let the masses know that riches are often found after many failures (more often it is the norm). So if you want easy answers - don't buy this book. If you want principals, ingredients for success in building wealth, and systematic structure on what you should be thinking in acquiring and KEEPING your wealth - this is your book!
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not - Review written on September 17, 2006
* * * * *
Rating: 5 out of 5

Excellent book, truly a must read
The best of Kiyosaki's - Review written on June 30, 2006
* * * * *
Rating: 5 out of 5
11 customers found this review helpful, 3 did not.

Some have reviewed this book as a "more of the same" from Kiyosaki, more of what you can find in RDPD, but for me it's, first of all, the best of all Kiyosaki's books, always remembering that is best to read the first two before, though not estrictly necessary, but the main issue here (the nice thing about Kiyosaki) is that more than simple concepts, is that he helps you change your MIND, where all poverty or richness reside after all, so the more you read, no matter if it may seem repetitive, the more insights you get. Kiyosaki is full of lessons, lessons that are easy to read and understand, but maybe hard to appropiate into one's personal life everyday. I personally have started reading the bokk fir the second time and I discovered that many of the concepts I read the first time hadn't got me or taken me as they have now. For me, not only a must read, a book to study.
Rich Dad, Poor Dad Part 3 - Review written on June 24, 2006
* * * *
Rating: 4 out of 5
4 customers found this review helpful, 2 did not.

This book is for changing your mind set on investing, it does not give specific advice in what stocks to by or where to buy real estate, etc.

It is like Kiyosaki's other books in changing the readers mind set on how money works. He trys to teach in this book how it is not neccesary to have money to make money. Ideas are more powerful than money.The best investment is fulfilling a need that people have through a business. You have to be willing to pay the price to make your plan successful.I actually think this book is better than your run of the mill investment books because he goes into great detail on every kind of investment you can imagine.

At 43 chapters it is a lot of information to take in. I do not think it is as good as his other books but is a good investment of time on your journey of financial independance.
Not a fan, I can't understand why he is so popular - Review written on June 22, 2006
*
Rating: 1 out of 5
27 customers found this review helpful, 10 did not.

I am not a fan of Robert Kiyosaki. I find his books superficial and much of what he says common sense. While he introduces some worthwhile ideas, I don't think he develops them enough to be useful.

I also don't like the tone or context out of which this writer expresses himself. I find that it comes across as unfeeling, manipulative and selfish.

I don't have anything against seeking out wealth; however, I think the means to that end is important. In my opinion, this author ignores that important fact and at the same time does not supply the detail that people are looking for or need to achieve their financial goals.

In short, I think this book is a waste of money. There are many other books that can give you more useful information in less space which is delivered from a more humane emotional space.
Gets Prize for Least Amount Said in Most Amount of Words - Review written on May 24, 2006
* *
Rating: 2 out of 5
101 customers found this review helpful, 6 did not.

It is amazing how many books and hundreds of pages Kiyosaki can fill with the same info over and over. Furthermore, "Rich Dad" was obviously a fictional character... Kiyosaki's books are all filled with long, detailed conversations between Robert and Rich Dad, conversations that supposedly took place many years ago that obviously the author could not possibly have recalled in such detail, so the books read more like a play than financial advice. To be fair though, I suppose this is a pretty good literary device for making the subject matter more interesting, readable and listenable (dramatic, even, when read aloud by the actors who record his audio books.)

Below is EVERYTHING Kiyosaki has to say in ALL of his books (I am guilty of reading and listening to most all of them, but at least I got them for free at the library.) They are all very repetitive. The following will save you many hours of reading and dollars on his books....

1) The rich don't work for money; money works for the rich.
2) An asset is something that makes money for you; therefore, a house is not necessarily an asset. A liability is something that costs you money.
3) You should borrow money to invest in real estate so that you can get rental income, because...
4) Tax laws favor the rich and tax laws favor real estate investors, and real estate is a better investment than stocks and mutual funds, but if you are going to invest in the market then...
5) Learn how to read financial statements.
and
6) The market will tank big-time when the baby-boomers start retiring.

There you go, now you can read something else...




A Must for Any Business Owner or Those Wanting to Invest - Review written on April 19, 2006
* * * * *
Rating: 5 out of 5
5 customers found this review helpful, 3 did not.

This has been the second time I have read this book, and it makes more sense the second time than it did the first. If you're someone trying to start a business or thinking on starting a business, this is a great book to read. It will broaded your idea of what investing is, and lead you to search for other sources to broaded your financial education. Good insight on why to own a business as well as investing the time to educate yourself further so make your mind aware when the right investment brings itself to your attention.
I recommend this book for advanced readers of Kiyosaki - Review written on March 24, 2006
* * * *
Rating: 4 out of 5
9 customers found this review helpful, 8 did not.

In the last three years, I read five books of Kiyosaki.
This is my third book of this author. I recommend this book after read at least another three books of Kiyosaki:
Poor Dad - Rich Dad, Cashflow Quadrant and Rich Dad's Who Took My Money?.
I assign 4 star because Robert Kiyosaki lost one star spending a lot of sheets repeating the same issues and promoting his books.
I found specially intersted and usefull the section where he explains how start our own business.

This book can enhance your knowledge of investing. - Review written on March 21, 2006
* * * *
Rating: 4 out of 5
8 customers found this review helpful, 3 did not.

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 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.

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.
If you get to be good at this now, think how great it would be to be the rich Dad for your children and their friends. Now that's an irresistibly great goal!

Enjoy the riches you would like to have, for the reasons you would like to have them!