Rich Dad Poor Dad is a 2000 book written by American businessman, author and investor Robert Kiyosaki.
It advocates financial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude.
Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.[1] Kiyosaki stresses the ownership of high value assets that produce cash flow, rather than being an employee in the book.
| Author | Robert Kiyosaki Sharon Lechter |
|---|---|
| Country | United States |
| Language | English |
| Series | Rich Dad Series |
| Genre | Self-help, personal finance, entrepreneurship, business, investing, economics |
| Publisher | Warner Books Ed |
Publication date
|
April 1, 2000 |
| Media type | Hardback and paperback |
| Pages | 207 |
| ISBN | 0-446-67745-0 |
| OCLC | 43946801 |
| 332.024 22 | |
| LC Class | HG179 .K565 2000 |
Summary
The book is largely based on Kiyosaki's childhood upbringing and education in Hawaii.It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.
Among some of the book's topics are:
- Kiyosaki's upbringing, business and investment ventures
- assets and liabilities
- what the rich, middle class and poor teach their kids about money
- a primary residence as a liability rather than an asset
- financial intelligence literacy
- roles of business and financial skills, aptitude, and experience in financial success
Reception
Larry Ludwig states the book's reception as having been polarized.[2]There has been strong criticism of the book. John T. Reed, a critic of Robert Kiyosaki, says, "Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.
" He also states, "Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred."[3]
Kiyosaki provided a rebuttal to some of Reed's statements.[4] Slate.com reviewer Rob Walker called the book full of nonsense, and said that Kiyosaki's claims were often vague, the narrative "fablelike", and that much of the book was "self-help boilerplate", noting the predictable common features of such books were present in Rich Dad, Poor Dad.
He also criticizes Kiyosaki's conclusions about Americans, American culture, and Kiyosaki's methods.[1]
The New York Times editor Damon Darling described the advice provided in the book are for people "who wants to live on the edge".[5]
Jonathan Clements from The Wall Street Journal strongly questions the book's view of mutual funds.[6] Michael Bacher was quoted as saying, "This guy pulls advice out of his behind and that his book is worth more as kindling than for its financial advice."
The book is a New York Times bestseller and has sold 26 million copies.[7]
Source: Wikipedia.org
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Rich Dad Poor Dad is a 2000 book written by American businessman, author and investor Robert Kiyosaki.
It advocates financial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude.
Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.[1] Kiyosaki stresses the ownership of high value assets that produce cash flow, rather than being an employee in the book.
| Author | Robert Kiyosaki Sharon Lechter |
|---|---|
| Country | United States |
| Language | English |
| Series | Rich Dad Series |
| Genre | Self-help, personal finance, entrepreneurship, business, investing, economics |
| Publisher | Warner Books Ed |
Publication date
|
April 1, 2000 |
| Media type | Hardback and paperback |
| Pages | 207 |
| ISBN | 0-446-67745-0 |
| OCLC | 43946801 |
| 332.024 22 | |
| LC Class | HG179 .K565 2000 |
Summary
The book is largely based on Kiyosaki's childhood upbringing and education in Hawaii.It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.
Among some of the book's topics are:
- Kiyosaki's upbringing, business and investment ventures
- assets and liabilities
- what the rich, middle class and poor teach their kids about money
- a primary residence as a liability rather than an asset
- financial intelligence literacy
- roles of business and financial skills, aptitude, and experience in financial success
Reception
Larry Ludwig states the book's reception as having been polarized.[2]There has been strong criticism of the book. John T. Reed, a critic of Robert Kiyosaki, says, "Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.
" He also states, "Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred."[3]
Kiyosaki provided a rebuttal to some of Reed's statements.[4] Slate.com reviewer Rob Walker called the book full of nonsense, and said that Kiyosaki's claims were often vague, the narrative "fablelike", and that much of the book was "self-help boilerplate", noting the predictable common features of such books were present in Rich Dad, Poor Dad.
He also criticizes Kiyosaki's conclusions about Americans, American culture, and Kiyosaki's methods.[1]
The New York Times editor Damon Darling described the advice provided in the book are for people "who wants to live on the edge".[5]
Jonathan Clements from The Wall Street Journal strongly questions the book's view of mutual funds.[6] Michael Bacher was quoted as saying, "This guy pulls advice out of his behind and that his book is worth more as kindling than for its financial advice."
The book is a New York Times bestseller and has sold 26 million copies.[7]
Source: Wikipedia.org
TTFN
CYA Later Taters
Thanks for stopping by.
Donnie/ Sinbad the Sailor Man
Everybody Wants Traffic! They All Need Eyes Upon their sites and offerings. Get That Here!
P.S. Everybody Needs Traffic! Get Top Tier North American Traffic Here!
P.S.S. Want to Work From Home? O2LifeDrops.com Get your Business Started for FREE Today!
Somebody Come and Play in "Traffic" with me. If you would like to "Join" A Growing Biz Op! Here is Your Chance to get in an Earn While You Learn to Do "The Thing" with us all here at Traffic Authority.
Simply click this link and Grow as you Go Come and Play In Traffic With Me and My Team at Traffic Authority!
Simply click this link and Grow as you Go Come and Play In Traffic With Me and My Team at Traffic Authority!
Everybody Wants Traffic! They All Need Eyes Upon their sites and offerings. Get That Here!
P.S. Everybody Needs Traffic! Get Top Tier North American Traffic Here!
P.S.S. Want to Work From Home? O2LifeDrops.com Get your Business Started for FREE Today!
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