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Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad's (Paperback)) by [Robert T. Kiyosaki]

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Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad's (Paperback)) Kindle Edition

4.6 out of 5 stars 198 ratings

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Books In This Series (14 Books)

Editorial Reviews

From Booklist

The eighth book in the Rich Dad series reveals the financial wisdom of the rich, which is neither taught in schools nor discussed in the popular financial press. The authors begin with an example of the Zen master-student relationship that Kiyosaki had with his Rich Dad mentor. Kiyosaki had made the mistake of many inexperienced investors and bought into a mutual fund he knew nothing about; his Rich Dad let him stay with the bad investment for months to learn the lesson of patience. Kiyosaki also learned that the common advice to "invest for the long term, buy, hold and diversify" is not really advice but actually a sales pitch, and it teaches very little about how to become a smart investor. The reason most people continue to choose mutual-fund investing is because it is so easy, and that is also why it is inherently risky. Kiyosaki and his coauthor emphasize investing in asset classes other than equities, such as a business venture, real estate, and paper assets like hedge funds and options. These approaches require more thought, education, and effort than does simply handing one's money over to a financial company and allowing a stranger to control it, but the risks are lower and the potential financial rewards can be much greater. Certain to be in demand at the circulation desk. David Siegfried
Copyright © American Library Association. All rights reserved --This text refers to an out of print or unavailable edition of this title.

From AudioFile

Having your money work for you instead of working for your money is a good practice. But beware of investment strategies that are easy but don't offer the chance to really learn about investing. Mutual funds, banks, and some brokers often want to lock your money into buy-and-hold schemes or, worse, to trade excessively and churn up fees. In an abridgment that is both concise and far-reaching, the authors describe a step-by-step strategy for not getting snookered. A core lesson for anyone wanting financial control, this is the best ever and most personal example of Rich Dad's financial wisdom, regardless of your current job or how much you have to invest. T.W. © AudioFile 2004, Portland, Maine-- Copyright © AudioFile, Portland, Maine --This text refers to an out of print or unavailable edition of this title.

Product details

  • ASIN ‏ : ‎ B0175P7PRI
  • Publisher ‏ : ‎ Plata Publishing; Reissue edition (September 18, 2015)
  • Publication date ‏ : ‎ September 18, 2015
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 10774 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 256 pages
  • Lending ‏ : ‎ Not Enabled
  • Customer Reviews:
    4.6 out of 5 stars 198 ratings

About the author

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Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage.Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publisher's Weekly - The New York Times, Business Week, The Wall Street Journal and USA Today - and was named "USA Today's #1 Money Book" two years in a row. It is the third longest-running 'how-to' best seller of all time.Translated into 51 languages and available in 109 countries, the Rich Dad series has sold over 27 million copies worldwide and has dominated best sellers lists across Asia, Australia, South America, Mexico and Europe. In 2005, Robert was inducted into Amazon.com Hall of Fame as one of that bookseller's Top 25 Authors. There are currently 26 books in the Rich Dad series.In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.Robert writes a bi-weekly column - 'Why the Rich Are Getting Richer' - for Yahoo! Finance and a monthly column titled 'Rich Returns' for Entrepreneur magazine.Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47.Today there are more that 2,100 CASHFLOW Clubs - game groups independent of the Rich Dad Company - in cities throughout the world.Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. After graduating from college in New York, Robert joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. Following the war, Robert went to work in sales for Xerox Corporation and, in 1977, started a company that brought the first nylon and Velcro 'surfer wallets' to market. He founded an international education company in 1985 that taught business and investing to tens of thousands of students throughout the world.  In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad.

Customer reviews

4.6 out of 5 stars
4.6 out of 5
198 global ratings

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Top reviews from other countries

ANDREW AHN
4.0 out of 5 stars NOT AS EASY TO READ AS THE EARLIER BOOKS
Reviewed in the United Kingdom on October 28, 2019
One person found this helpful
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wrecklesme
5.0 out of 5 stars Risk is when you don't have control.
Reviewed in the United Kingdom on April 18, 2020
Amazon Customer
1.0 out of 5 stars Waste of money
Reviewed in the United Kingdom on February 23, 2020
Peter
5.0 out of 5 stars Fantastic book and a great
Reviewed in the United Kingdom on May 24, 2015
Ms. M. C. Williams
5.0 out of 5 stars Five Stars
Reviewed in the United Kingdom on February 3, 2017
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