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Rich Dad's Retire Young Retire Rich (Rich Dad's (Audio)) MP3 CD – Unabridged, April 1, 2014
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About the Author
Best known as the author of Rich Dad Poor Dad―the #1 personal finance book of all time―Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education. Robert's most recent books―Why the Rich Are Getting Richer and More Important Than Money―were published in the spring of 2017 to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School.
Tim Wheeler has received over 150 national and international awards for his work in radio. In addition to his voice work in both radio commercials and books, he writes, produces and records Obstructed View, an award-winning humor column that appears both in print and on several radio stations.
- Publisher : Rich Dad on Brilliance Audio; Unabridged edition (April 1, 2014)
- Language : English
- ISBN-10 : 1491511532
- ISBN-13 : 978-1491511534
- Item Weight : 3.5 ounces
- Dimensions : 5.5 x 5.5 x 0.25 inches
- Best Sellers Rank: #2,273,603 in Books (See Top 100 in Books)
- Customer Reviews:
About the author
Top reviews from the United States
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I'm sure that I gained some nuggets of information from this book however it could have been condensed into a much shorter book. Robert often talks about the value of your time, lesson #1 don't read this book if you value your time.
I just finished this book and am pleased to say that I completely disagree with anyone who says this is a "re-hash" of prior books or information. While Kiyosaki does recount some of the same stories and experiences as in prior books, it is critical to note that the purpose for doing so and the perspective from which the reader should view the story is very different.
I believe Kiyosaki's purpose in writing this book is to try to "get through" to many of the people who "don't get it" after reading Rich Dad Poor Dad, The Cashflow Quadrant, or Rich Dad's Guide to Investing. He does this by focusing like a laser on two main ideas: The idea of "context" versus "content" and the power of leverage. These two themes permeate the book and if you read/listen with an open mind, and truly internalize what Kiyosaki is trying to communicate, you will realize that this book just may be the most important of the entire series.
Kiyosaki explains that the idea of becoming rich, or traversing the proverbial looking glass from the world of the poor and middle class to the world of the rich, is impossible to comprehend from a poor or middle class world view. A person's world view (where money is concerned) defines the limit of their potential. All of the "how tos" and "guide books" of what people did to become rich are worthless if your mind is unable to view the world of money in the proper perspective. He says it is like water being poured into a glass, where the water is "content" or "knowledge" and the glass is "context" or "perspective." Keep pouring water into a small vessel and it simply spills over and is lost. This book is designed to help people expand their context to the point where some of the content that is also described in this book becomes useful.
Kiyosaki attempts to bridge this gap by describing many of the different types of "leverages" that the rich use to get richer. Beginning with a description of how "good debt" can be leveraged to great effect (and contrasting and comparing how achieving the same investment objectives with equity is much much slower), Kiyosaki demonstrates how the use of different types of leverage results in "quantum" or "exponential" growth in income as opposed to "incremental" income growth. Among the other types of leverages discussed, Kiyosaki describes with great persuasiveness how the rich use leverage to earn money in the stock market by using options trading techniques.
In my own personal opinion, this is the most important book in the series because Kiyosaki makes it clear -- and this is the absolute truth from my own experience -- that the ONLY way to retire young and retire rich is to prepare your mind, your body, and your soul to imagine a world where there is no risk and where money can be conjured from thin air. If you believe this Otherworld is impossible, then it is. If you can imagine such a world, and take the time to look for it, then maybe you too can Retire Young and Retire Rich.
Two thumbs up, Five Stars, this book will have a dramatic, lasting impact on this writer. I am eternally indebted to Robert Kiyosaki for the knowledge he has shared in all of his books (as well as the Rich Dad Advisor Series books that I've read), and I believe that he has done the world a great service by selflessly sharing the lessons from his rich dad that led him into great wealth and financial freedom.
Kiyosaki writes for overall financial perspective, and his overall perspective is correct.
There are many ways to get started in real estate, and each works best depending on location, timing, and your individual temperment and abilities.
I would caution you, don't sell the message short because you're not crazy about the messenger's style.
Top reviews from other countries
I would also point out that this is not a "get rich quick" scheme to any potential readers, its a realistic way of managing and spending your money so the title is a bit misleading. Firstly, the book pretty much revolves around using real estate to make money and if you're here in the UK than you need significant capital in the first place to even consider buying any property. Kiyosaki make money in a high paying sales job in the early days, so if you're working minimum wage today and hope this can help you then you may be in for a disappointment.
Key take away from both the books I have read is how to spend more intelligently on assets that make money rather than the liabilities that dont. Its amazing the way the book makes you realise how everybody falls into the trap of earning well but having none left at the end of each pay day.
I would recommend this book if you have not read the others and similarly if you havent then I would recommend buying "Rich Dsd, Poor Dad" instead.