September 2004

Rich Dad’s back

By Robert Kiyosaki
Share this Article:

Continuing his franchise with this eighth volume, investor Robert T. Kiyosaki with Sharon L. Lechter, C.P.A., addresses those who are serious about taking control of their money and their lives. Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! is packed with the kind of Rich Dad's advice that has made Kiyosaki a wealthy, best-selling author. This time he shares the secrets to achieving ultra-high investment returns, noting that this extreme approach isn't for everyone. By integrating asset classes (business, real estate and paper assets) instead of diversifying, investors build synergies that accelerate leverage while protecting the cash flowing through the asset. Part one includes advice from nontraditional viewpoints: dairy farmers, gamblers, Newton and Father Time, as well as insurance agents and bankers. With those enlightening perspectives, part two shares secrets for power investing, with a focus on cash flow rather than capital gains. Transitioning from saver to educated investor is fun, Kiyosaki says, although he admits that finding good investments is hard work. But by playing this game, not following the herd, and getting your money to work for you, Kiyosaki is convinced you'll learn more as you go along, ensuring a much better shot at success.

Bobbye Middendorf writes from Chicago.

Trending Reviews

Sign Up

Stay on top of new releases: Sign up for our newsletter to receive reading recommendations in your favorite genres.