Rubydog's review of: Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money -- That the Poor and Middle Class Do Not!

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Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money -- That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
In Rich Dad, Poor Dad, Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money.... read more



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Posted on October 13, 2008 12:15 PM PDT
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After watching a PBS special featuring Robert Kiyosaki, I bought this book as part of a set. While much of the financial advice in this book is useful, I didn't find it to be as unique or groundbreaking as it was portrayed to be. To it's credit, it is not one of those silly get rich quick books, which are of little true value. I do feel it would be a great book to give as a high school or college graduation present. Many of the concepts in this book would do the most for younger people, who have more discretionary cash. Although, Kiyosaki points out that investment can be started at any age, his idea of "paying yourself" first, investment strategy can be unrealistic when your budget is stretched as far as many are in today's economic times. His section on taxes is interesting and readily understandable. He like Buffet points out that when others fear, jump in. Good advice, for any who have a bit of cash, with all the bargains in this bear market.

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