Rich Dads Guide To Investing

Robert T. Kiyosaki

Physical

In Circulation

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - two fathers. One father (Robert's real father) was a highly educated man but fiscally poor. The other was the father of Robert's best friend - that dad was a college drop-out who became a self-made multi-millionaire. RICH DAD'S GUIDE TO INVESTING, the follow-up to the bestselling RICH DAD, POOR DAD, reveals the secret of how the wealthiest people become wealthier by revealing some simple investing secrets and explaining how anyone can enjoy cash benefits merely by knowing where and how best to invest their money. The author's nuts-and-bolts approach to personal finance and understanding the real earning power of money has gained him a huge following, particularly as he knows all his knows from first-hand experience. Once so cash poor that he and his wife were forced to sleep in their car, today the Kiyosakis are multi-millionaires and highly sophisticated and experienced investment experts..

What will you learn from this book

  1. Investment Education: Emphasizes the importance of education about different types of investments, including stocks, real estate, businesses, and commodities.

  2. Mindset Shift: Encourages a shift from consuming to investing, focusing on using money to generate more money instead of spending it all.

  3. Risk and Reward: Discusses the relationship between risk and reward in investing and the importance of understanding and managing risks.

  4. Diversification: Explores the concept of diversification, advising on spreading investments across different asset classes to manage risk.

  5. Asset vs. Liability: Reinforces the idea of distinguishing between assets (that generate income) and liabilities (that incur expenses).

  6. Market Cycles: Discusses the impact of market cycles on investments and how to capitalize on market fluctuations.

  7. Value Investing: Introduces the concept of value investing, focusing on identifying undervalued assets with growth potential.

  8. Entrepreneurial Mindset: Encourages developing an entrepreneurial mindset even for investors, seeking opportunities and understanding market trends.

  9. Tax Efficiency: Discusses strategies for tax planning and utilizing tax advantages in investment decisions.

  10. Long-Term Perspective: Stresses the importance of patience and a long-term perspective in investing, aligning actions with long-term financial goals.

Language English
ISBN-10 0-446-67746-9
No of pages 406
Font Size Medium
Book Publisher Warner Books
Published Date 01 Jan 2011

About Author

Author : Robert T. Kiyosaki

1 Books

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