In 1997, Robert’s book Rich Dad, Poor Dad stunned listeners, stating, "Your house is not an asset." As howls of protest went up around the world, the book went on to become an international best seller, one of the longest-running best sellers in New York Times history.
Rich Dad, Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad, Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert’s rich dad saw coming.
In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom in Robert’s rich dad’s words.
Today, we are all aware that a home can be a liability. Today, we all know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today, we all know our money can go down in value and even savers can be losers.
This is why your financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is your financial IQ.
"This book is about choosing new options, new directions, and a new financial future." (Robert Kiyosaki, author)
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- james braithwaite
Great for rich investors; not so good for others
After listening to rich dad, poor dad I had high expectations of this book.It did not really work out for he is primarily singing the praises of full time investing into real estate (buying apartments and renting them out; not shares in a portfolio). Great if you have time and money to do that but I am more looking for ways to invest modest monthly sums in addition to my day job and this does not help me much
No, but still recommend rich dad, ppoor dad