Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
- ISBN13: 9780446677462
- Condition: New
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With 16 priceless lessons that reduce risk through proper planning, this powerhouse guide removes the mystique from successful investing by helping readers switch from thinking poor to thinking rich.The rich are different from the rest of us, if for no other reason than U.S. tax and securities laws allow them to invest in ways that keep us from catching up to them. That's why 90 percent of all corporate shares of stock are owned by 10 percent of the people. Kiyosaki believes it's possible for anyone to move up into that 10 percent, but it takes a different view of investing than most people have: it takes a plan to be a successful investor. And a plan is more than simply buying and selling, or collecting "assets" that bring in no cash and are thus more akin to liabilities. The way most people invest, "they might as well be pushing a wheelbarrow in a circle," he writes. A plan is "mechanical, automatic, and boring," a formula for success that has worked historically for most of those who've used it. Kiyosaki's "rich dad" (actually, the father...