Rich Dad's Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not!
Written by Robert T. Kiyosaki
Narrated by Tim Wheeler
4.5/5
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About this audiobook
Investing means different things to different people… and there is a huge difference between passive investing and becoming an active, engaged investor. Rich Dad’s Guide to Investing, one of the three core titles in the Rich Dad Series, covers the basic rules of investing, how to reduce your investment risk, how to convert your earned income into passive income… plus Rich Dad’s 10 Investor Controls.
The Rich Dad philosophy makes a key distinction between managing your money and growing it… and understanding key principles of investing is the first step toward creating and growing wealth. This book delivers guidance, not guarantees, to help anyone begin the process of becoming an active investor on the road to financial freedom.
Robert T. Kiyosaki
Robert Kiyosaki, author of Rich Dad Poor Dad, the international runaway bestseller, is an investor, entrepreneur specializing in mining and real estate, as well as an educator. Rich Dad Poor Dad, published in 1997, has held a top spot on the famed New York Times list for nearly six years. Translated into 46 languages and available in 97 countries, the Rich Dad series has sold over 26 million copies worldwide and has dominated bestsellers lists across Asia, Australia, South America, Mexico, South Africa, and Europe.
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Reviews for Rich Dad's Guide to Investing
757 ratings41 reviews
- Rating: 3 out of 5 stars3/5I read the previous two books Rich Dad Poor Dad and Cashflow Quadrant before this one. I’m not sure I learned much more in this book since a lot of the content was just repeated from the previous books. Good stories and lots of interesting theoretical advice, but I don’t think enough information was provided to enable me to implement the things that Robert has done to get rich myself.
I challenge his statement that you don’t need money to make money. You absolutely do. It’s more correct to say you don’t need YOUR OWN money but you do need money. How do you buy a positive cashflow investment without any money - you have to borrow it. And how do you borrow money when you are first starting out? From a bank? Banks don’t lend without some kind of collateral, deposit and a demonstrated ability to repay the loan. So that means you need to have some money in the bank or equity on an existing property and a regular income stream. But Robert says that you shouldn’t be an employee, you should be your own boss. But it is not easy to create a successful business. Most people can’t do it and even if they do that takes time. So how can he say that you can make money with no money? That’s simply not true.
In a nutshell, I think all three books tell an interesting story about his life and his two dads and their world theories but none of it really amounts to any concrete advice or action plan. I’m still glad I read these books to say I’ve read them.2 people found this helpful
- Rating: 5 out of 5 stars5/5Really engaging book. The emphasis on challenging current dogma, the ‘old’ ways of thinking, along with the manner in which the experience is imparted as a journey of learning, being mentored, building fundamentals of financial knowledge and taking the leap to literally ‘minding your own business’ is a great formula to stimulate interest and promote the thought process. This book is about what to consider, how to approach investing to become super rich and keep it. Not what to do. The conceptualisation and repeated emphasis on important topics supported the structure of the book very well and links the chapters neatly; perseverance and endurance with planning and goal setting are clearly markers for success - there are many - keep learning.
1 person found this helpful
- Rating: 1 out of 5 stars1/5A well-known conartist whose advice can bankrupt you. People are in jail for following his ideas.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Outstanding author. This book will change the way you look at your working life.
1 person found this helpful
- Rating: 5 out of 5 stars5/5A book to read and listen to more than once. Extremely valuable knowledge given in just a few hours.
1 person found this helpful
- Rating: 5 out of 5 stars5/5pure gold for those starting out and willing to listen
1 person found this helpful
- Rating: 5 out of 5 stars5/5Absolutely astonishing. I have to read this book again, and again, until this completely becomes my reality.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Fantastic material! A must reading book before engaging an investment!
- Rating: 5 out of 5 stars5/5A game changer. A must read. It opened my eyes.
- Rating: 5 out of 5 stars5/5Probably the most eye-opening financial audiobook I have heard yet. It will definitely change my life.
- Rating: 5 out of 5 stars5/5Just mind blowing!!!
Thank you Robert ??
Amazing! Keep up bringing it - Rating: 4 out of 5 stars4/5Narrated well. Good entry level book for new investors and entrepreneurs. The flow of the book is quite seamless and engaging.
- Rating: 5 out of 5 stars5/5This is knowledge everyone should listen at least once in his lifetime.
- Rating: 5 out of 5 stars5/5There are no quick wealth secrets. It is a mindset that requires time. I think this is the best presentation of the process and guiding principles.
- Rating: 5 out of 5 stars5/5This is the best book an entrepreneur should read, it has all the details and step by step guidelines you need to becoming poor or becoming rich. So i will recommend you study this book and make your decision of either becoming Very Very Rich or Poor
- Rating: 4 out of 5 stars4/5Very interesting book. The only reason I rated it 4*, is because not everything applies outside US. However, is a very appealing guide for investing. I listened to it and now want to buy a paperback version. It helps a lot to understand the rules of investing and is in your hands to identify those rules in your country. Highly recommended as it broadens your point of view
- Rating: 5 out of 5 stars5/5It’s agood book i loved it so amazing so nice ????
- Rating: 5 out of 5 stars5/5Robert Kiyosaki is my favourite in this investment genre. ??
- Rating: 5 out of 5 stars5/5I highly recommend this book full of knowledge about investing and how to go about it and creating wealth yourself by studying what other entrepreneur did and implementing it.you too can become rich
- Rating: 5 out of 5 stars5/5Amazing book. I really enjoyed. So I recommend this book.
- Rating: 5 out of 5 stars5/5Opens your mind to a whole new world of financial literature.
- Rating: 5 out of 5 stars5/5Long but amazing book. Definitely gives different perspectives on different kinds of investors.
- Rating: 5 out of 5 stars5/5Great book to expand Roberts concept of Rich Dad Poor Dad and the importance of getting involved in businesses and Investing.
- Rating: 5 out of 5 stars5/5Amazing book to learn from with a wealth of knowledge and experience.
- Rating: 5 out of 5 stars5/5Great book it’s a true must read for investors A+
- Rating: 5 out of 5 stars5/5Great and powerful book, so much information. Robert is an amazing teacher.
- Rating: 5 out of 5 stars5/5Loved this audiobook . Great listen and eyebrow raising information.
- Rating: 5 out of 5 stars5/5I learned a lot about finances and myself, this is an excellent book. I truly enjoyed it and I’m going to listen to it again.
- Rating: 5 out of 5 stars5/5THIS IS VERY HELPFUL
I'M GOING TO LISTEN TO THIS TILL I MAKE AND THEN I WILL CONTINUE EVEN AFTER! - Rating: 5 out of 5 stars5/5Excellent book I recommend this book for anyone if you are poor, middle class or rich this is a must read.