About the book and its Contents
This 406 page book is Robert Kiyosaki's guide to investing, which are advice passed on to him by his 'rich dad'. The first chapter is an introduction asking the reader if he or she is prepared to be an investor? The second chapter discusses what are his or her investment options available. Most of the succeeding chapters offer valuable investment lessons. The last remaining chapters focus on the categories of investors (of their various levels).
Review
Many of the lessons being taught in this book make sense. But I feel that this is more of an introduction and mental preparation for other books that offer greater details on the actual investments you can choose from.
In essence however, this book encourages you to invest in your own business and have it publicly listed. The book gives you some mental aspects you need to have in order to have better chances of succeeding.
Difficulty Level = 1/5
If you've had an easy time reading Rich Dad Poor Dad, you will find this book easy to read, although a bit more challenging.
Personal Rating = 1/5
To know more about where the middle class and poor should invest in, other investment books are recommended.
Personal finance tip for today:
Controlling expenses can be difficult if you cannot differentiate between what you really need and what you really want at the moment. Hence, you must learn to delay gratification to save more. It doesn't mean however, that you should have zero gratification.
Recommended links:
Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
Great guide
ReplyDelete