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I have to imagine that all of the reviews complaining about the repetitive nature of this book - in relation to what was said in the previous two - came from people who did not finish reading the book.
Yes, the first half or so of this has already been covered in Rich Dad, Poor Dad and Cashflow Quadrant - but the second half of the book covers key concepts in financial literacy; such as what to look for and analyse in financial statements.
Dies ist bereits nach Rich Dad Poor Dad und Cashflow Quadrant mein drittes Buch von Robert Kiyosaki und das bisher beste in meinen Augen.
Das finde ich gut: - einfach geschriebenes Englisch, so dass es auch nicht Muttersprachler verstehen (B2 Niveau ist ausreichend, um es flüssig lesen zu können) - Typisches US-Taschenbuchformat, d.h. trotz 600 Seiten super handliches Buch - Kiyosaki untermauert seine Thesen mit netten Anekdoten - Es wird viel Basis und auch fortgeschrittenes Wissen über das Investieren und das Investitionen schaffen vermittelt. Es geht dabei hauptsächlich um die mentale Haltung, als um konkrete Investitionen - Es wird wieder sehr deutlich und toll erklärt, wieso Kiyosaki den Cashflow für das A und O bei einer Investition hält. - Englische Version deutlich günstiger mit 5,99 bzw 6,99 (deutsche 29,99)
Nicht gefallen hat mir: - Kiyosaki wiederholt sich einfach viel zu viel. Es ist mir bereits aus seinen vorherigen Büchern bekannt und auch hier übertreibt er es mit unzähligen Wiederholungen, ja eher Vervielfachungen gar, was ich auf Dauer störend finde.
Alles in allem ist es dennoch ein sehr gelungenes und lesenswertes Buch und sollte von jedem Investor oder auch von dem der es werden möchte gelesen werden.
Ich hoffe ich konnte Ihnen mit meiner Rezension weiterhelfen und würde mich über eine positive Bewertung freuen.
This book could have been written in maximum 100 pages, it is full of ridiculous repetition, half way through the book and havent learned anything more than what hat I have from his other book Cashflow Quadrant.
A one paragraph point is made a chapter long...
And every now and then authers training courses and other products are mentioned, so you are in a loop from one book to another and from one product to other.
I think the auther need to take the rubish out, and sell this as a small 100 page book, will make more sense.
I am a great admirer of Robert's earlier work such as Rich Dad Poor Dad, and Cash Flow Quardrant, but I found that this book did'nt contain any new financial ideas or insight. He introduced concepts like the importance of having a financial plan and financial education. However, this information is already available in the miriad of self help books out there. I felt that all the worthwhile information in this book could have been condensed into 100 pages instead of 469 pages.
Basically, just concentrate on building up your Assets in life, Assets that make you money and gives you inflows of money and minimise your liabilities as much as you can. Liabilities cost you money, and outflows out of your pocket.
Basic ideas are good and are common sense, that is if you have any, but tax laws differ in Canada. I am Canadian. Does he have any ideas to save on taxes in Canada. I know some but I’m sure many more are hidden somewhere. I’m sure the tax deductions are not the same in Canada and the US. I guess I should ask my accountant.
Also I do not like that he mentions that education is not important in the beginning of his book.
It will confuse young readers. I think knowledge and self discipline along with a will to succeed and setting goals are the way to go. Education is very important. To be able to solve problems, listen, absorb and retain information are all part of education. Time management and completion of tasks given are part of education. You need education to get a half descent job to earn money. It’s what you do will the money once you get it that matters if you will be successful or not.
The gift of communication and negotiation is most important, along with will and self control.
Maybe I should sell information on line on how to make a million dollars without working for it for $1.00 to 1 million people and I would be a millionaire. The information I would sell for$1.00 is “DO WHAT I DID”. Oh I think someone already tried that.
I agree with many of the ideas in the book, but not all the time. It depends on tax laws in the country you live in. He wrote the book for people in the US and was also educated. He should thank his parents for that. I’m sure my purchase of his books are contributing to his Cash Flow and also to his Assets. I’m passing his books to my grandsons. Maybe taking up how to write novels like HARRY POTTER would do the trick.
This book is an interesting read. I also read Rich Dad, Poor Dad by the same author leading me to buy this book. It can be a little repetitive however still interesting and it re-confirms the ideas and theories.