No comments about Rich Dad's Guide to Investing: What the Rich Invest in That the Poor Do Not! (Rich Dad).

5 comments about Acres of Diamonds.

1. Poor copy of a great text. Author's name is misspelled on the cover. How could that happen? Text looks like a computer copy with spacing problems. Choose a different edition or publisher.



2. First given as a lecture at the beginning of the 1900's, the inspirational thoughts contained in "Acres of Diamonds" are still as relevant today as ever.
   
   
   
   
   Consider how the following passage plays into today's headlines, "I hear sometimes of men that get millions of dollars dishonestly.
   
   
   
   
   
   But, they are so rare a thing, in fact, that the newspapers talk about them all the time as a matter of news until you get the idea that all the other rich men got rich dishonestly." The Reverend Conwell of the Baptist Temple Church in Philadelphia was so successful in attracting people to his "Acres of Diamonds" lectures that he made enough money to found Temple University.
   
   
   
   
   
   How Religion and Capitalism work together and how money could be made right in one's backyard if a person knew of a need and did something to meet that need were the tenets of Conwell's lectures. Conwell's inspirational examples of success are worth a look.
   
   
   
   
   
   Spend a lunch hour, a commute in or back from work or another quiet break in the day to read Conwell's stories of those who missed finding diamonds and gold in their own backyards because they were too busy focusing on finding their fortune in faraway lands. Since the book is under 100 pages, even if you don't find your eyes have been opened a little wider, at least you haven't wasted much time giving the stories a try.



3. Timeless wisdom. Proves once again the principles of success do not need to be re-invented. Everything needed to be successful in life has already been written, and is available to all of us! Excellent



4. At 64 pages from cover-to-cover, "Acres of Diamonds" is probably the shortest book I've read in a long time. Written by Baptist minister and founder of Temple University, Russell H. Conwell, this book originated as one of his sermons, which was so popular that it was published as a book.
   
   "Acres of Diamonds" is based on a parable told to Conwell by an Arab guide during a trip to the Middle East. The parable tells the story of a man who sells his farm to search the world for diamonds. The man dies in poverty and wretchedness far from his home, not knowing that his farm sat on the richest diamond mine in the world.
   
   It is easy to think that great things are only accomplished by other people in faraway places. Conwell argues that we can all accomplish great things wherever we are. He gives many examples of regular people who accomplished great things. After all, he says, even a great man like Abraham Lincoln was just "Abe" to his neighbors.
   
   I believe this book was first published in the early 1900s, so the writing style is kind of old-fashioned and Conwell refers to people and products that were prominent during his time, but have less meaning to people today. There are no chapters or other structure to the book (of course it's only 64 pages long).
   
   Despite these minor complaints, the book has a great message. You can accomplish great things where you are right now. You don't have to move to New York, Los Angeles, or Paris. Whether you're in Milwaukee, Philadelphia, Portland or Shreveport, there are "acres of diamonds" below your feet.
   
   ----------------------------------------
   Michael Mihalik is the author of Debt is Slavery: and 9 Other Things I Wish My Dad Had Taught Me About Money. Learn how to gain control of your finances, pay off your debt, and create financial security!



5. This book is highly Recommended! Very Inspiring!
   
   It reveals to the reader the treasure that is within, if you would but search a little deeper instead of looking else where or to others. It causes you to really think and tap into the hidden gifts and potential that is on the inside of oneself. 5 KUDOS!!!
   
   Lanesa Stubbs

2 comments about El Juego del Dinero (Padre Rico).

1. He tenido oportunidad de ller varios libros de Robert Kiyosaki. En lo personal este es el que me ha parecido mejor. Aborda el tema del dinero desde diferentes perspectivas y nos deja con una excelente percepción de la forma en que se mueve el dinero y lo importante que resulta apoyarnos en expertos que nos permitan ir aprendiendo practicando la empatía.
   Cada perspectiva que menciona nos ayuda a comprender los complejos factores que motivan a las personas y la forma en que cada uno percibe un mismo elemento.
   Las cosas no las vemos como son, las vemos como somos nosotros.



2. Aunque Kiyosaki en todos sus Libros me han parecido excelente como motivador, de nuevo cae en la repetición y no llega a concretar más. Quizás sea su política o plan (no le crítico por ello) de dar un poco de información en cada libro para que sigamos comprando los demás en busca de más detalles.
   Mi queja principal no sería referente al libro sino a la traducción. Por citar uno de muchos ejemplos se menciona la compra por parte de un cliente de Kiyosaki de unos "chips azules" haciendo referencia a una de las Empresas o Compañías de gran capitalización que son llamadas en el argot de la Bolsa "Blue Chips", el que no está al tanto puede llegar a pensar que es una Empresa que se dedica a fabricar "Chips azules".
   La Editorial o traductora puedo haber encargado de la traducción del Libro a alguien con conocimientos en finanzas y haber hecho uso de los comentarios al pie de página para explicar cada término. Por mi parte recomiendo comprar la versión en inglés para saber entonces a qué se refiere el autor en cada caso.
   Finalmente el libro si representa una buena lectura. Hay mejores libros? Si, siempre es posible.

5 comments about Rich Dad Poor Dad Classics - Boxed Set (Rich Dad Poor Dad; Rich Dad's Cashflow Quadrant, and Rich Dad's Guide to Investing).

1. I highly recommend these books, especially to teens. Mr. Kiyosaki points out why most people are in debt and a very few are on their way to becoming wealthy. It is a matter of attitude and personal discipline that makes the difference. His second book, Cash Flow Quadrant, does a fine job of putting in simple terms the four ways that people make money. Different personalities, ambitions and fears determine which quadrant you will gravitate to. The author points out the pros and cons of each quadrant and urges his readers to become knowledgible in all four. His continuous hammering of the difference between an asset vs a liability, good debt vs bad debt, and positive vs neagtive cash flow help the reader form a firm foundation upon which to build one's finances. I am now reading these books together with my 15 year old, and have bought copies for my older 20-something children.



2. I agree with the person that said it lacked details. You come away knowing that you're supposed to acquire assets while reducing your liabilities, and eventually somehow begin and sell corporations for profit. The author didn't explain how an ordinary person goes about this process...mostly it seemed like him bragging that he was able to do it.
   
   What I take away from this audio-CD could probably have been reduced down to 4 tracks on 1 disc. Sad, but true.



3. A must read for those who want learn to manage their personal finances; Robert does not provide all the answers, but his books get you thinking...once you begin to think you can find the practical solutions that will work for you to improve you financial situation today. The new idea may be as small as forgoing using your visa to pay for that outfit because you now know the difference between good credit and bad credit or as big as purchasing your first postive cash-flow rental property.



4. These books are a must for everyone!! He writes so well, and you can see that what he says is so true however, it doesn't seem to occur to you before you read the book. My whole life and way of thinking has changed since reading this set of books and I am buying the rest of his books as I can.



5. Rich Dad, personal finance- my last purchase was a total of 11 Rich Dad books, I am living in the Philippines and have just received the books shipped through an agent in the US. I find all of the series to be interesting and informative, well written for simple minded people like me. I am pleased with my purchase.

2 comments about Guia para Invertir (Padre Rico).

1. Es un Buen libro para hacerse, de una idea en general de como se manejan las inversiones. Enfocado en ciertos capitulos en leyes de Estados Unidos.



2. You gonna find on it a lot of good advices and useful information about invests. That's it.
   
   Tiene mucha informacion util sobre las inverciones y la creacion de negocios, es bueno para tener mas informacion sobre el tema y seguir educandote en cuanto a negocios se trata, para mi es solo mas informacion sobre el tema, asi que no es que sea 100% una guia yo diria que es solo una pieza para que sigas guiandote. No esta de mas leerlo podria darte ideas.

5 comments about Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad).

1. I cant believe Kiyosaki is getting rich writing this garbage.
   
   In the book,he laughs at the general advice of "have a diversified portfolio,invest for the long term,buy and hold".He says plenty of times how wrong that advice is.He also repeats over and over how millions of people lost billions of dollars during the Bear Market of 2000-2002.
   What Kiyosaki forgets to say is that the people who LOST money,were the ones who SOLD their equity investments during or just after the technology bubble.He also forgets to say that,in fact,the people who followed the:have a diversified portfolio,buy and hold,and didnt SELL,not only those people didnt lose a single penny,but now,in 2007,those people have earned lots of money.
   
   If you want to know how REAL rich people invest,you should read "The Millionaire Next Door" and "The Millionaire Mind",by Thomas Stanley.A serious study about how real millionaires invest.Millionaires that followed the buy and hold strategy.
   Also,if you want to know how stocks work for the long term,read"Stocks For The Long Run",by Jeremy Siegel: a great work,showing empirical data with historical study on how the stocks work for the long term.
   
   
   Avoid Kiyosaky,he is a charlatan who gets richer and richer selling his books.



2. Same thing gets repeated over and over without a real insight of any thing. Waste of time.



3. I loved this book! It was recomended by a close friend that is like my rich dad, I've read his others, but this one is great as far as people needing to know where their money is going. I also recommend all of his other books as well. It is a must buy for people willing to financially free themselves!



4. Leverage. Imagine "turbocharging" your finances.
   
   You can do this in the commodity markets, the currency markets, stock options and real estate. And as long as the market goes up (or down, if you are selling the market short) you win. BIG. This is fast money, managed responsibly.
   
   Investing in something and ignoring it is a good way for your money to walk away. Putting your money in the bank or depending on a money manager to mind the store for you is the equivalent of having Colonel Sanders watch your chickens. This, is slow money.
   
   It's your money, and it's best you learn how to manage it. Great. So, how DO you manage your money?? Hmmmmmmm we still don't know.
   
   I understand Robert's argument on this: He avoids specifics because there are 10000 ways to manage your money. Unfortunately, I think most of them are the WRONG way! So who's going to show you the right way? It depends. The hard part is, which way is the right way for you? (now there I go, being vague!)
   
   Are you aggressive or passive, by nature. Are you creative, or diciplined?? What is your definition of risk, and how much risk are you willing to take on? The answers to these questions, combined with some strong financial training will give you the answer to these questions, but you won't find the quick answer here.
   
   You will, however find some great insights; clues on where to look for good investments, and concepts on being a great investor. Clues, that's all. You still have to do the research and legwork. Nobody here is going to tell you what to do with your money.
   
   If you don't know what is a good investment, hire a financial consultant...one who doesn't sell investments on the side. Let them research your investment opportunities for you.
   
   Unfortunately, this book could have been written in less than 100 pages. My copy had 242 pages.



5. This book is a total waste of time, there is no information of any value inside. It is just the author talking about the military, meeting rich dad for a fancy lunch and then nodding when rich dad imparts some amazing information 'that only the rich know'. The author says how silly the average person is for doing the normal investment choices despite the fact he doesn't offer any real alternatives. The fancy tag lines Who took my money" and "fast money wins" have nothing to do with the contents, save your money.

5 comments about El Cuadrante del Flujo del Dinero (Padre Rico).

1. Si ya leyó Padre Rico Padre Pobre, puede ahorrarse el leer éste lbro. Es bastante repetitivo, cansado, y dice lo mismo que su libro anterior. Admás de que estoy casi seguro que todo es inventado. Mejor compre Warren Buffett de Robert Hagstrom, ese libro si esta basado en hechos reales y contiene extrategias probadas, además su lectura se hace más fluida y más interesante.



2. En lo personal, ya leí el libro Padre Rico - Padre Pobre. Aunque este libro repite muchos de los consejos que el anterior, amplía la descripción de los diferentes inversionistas y da más detalles y características de los distintos cuadrantes. En lo personal, sí recomiendo este libro.



3. It is good. but not what I was expecting. Repeats the same thing too many times.



4. i'd like to inform to all of you that i haven't receive this book yet ( el cuadrante del flujo del dinero )



5. Te muestra detalles de como mejorar tu vida financieramente hablando, consejos de lo que se debe de hacer para generar mas dinero. Quieres ser rico? Tener mejores Ingresos? Aprender como hacer que tu dinero que ahorras te rinda mas?...Lee el libro

1 comments about The ABC's of Real Estate Investing (Paperback) & How to Find and Keep Good Tenants (Audio CD - 2006) (Rich Dad).

1. No doubt Ken has made a killing marketing his expertise through book sales and seminars. But don't get it twisted. Ken's expertise is real, hard-won, and proven. Be careful who you get your investing advice from. A property manager may be the most important person on your team - and that's Ken!
   
   He does not suggest that real estate investing is an easy way to make millions by only working 1 hour a week, with one hand tied behind your back - as so many real estate "gurus" suggest. It aint a gripping, emotional appeal to lead millions to become real estate investors like an alter call at church.
   
   It's a textbook, of sorts. I have successfully incorporated his conservative, methodical approach to my due diligence process for acquiring investments.
   
   Think about it: The marketers who made millions selling 'no money down' and 'weekend millionaire' how-to books are now selling how-to make millions buying foreclosures (From the poor, would-be investors who bought their first books, over-leveraged themselves, and now contribute to the flood of foreclosures on the market! Hmmmmm.).

No comments about Incrementa tu IQ financiero (Rich Dad's).

5 comments about Real Estate Loopholes: Secrets of Successful Real Estate Investing.

1. I read this book before I read the Amazon reviews. I was shocked at some of the negative comments. My recommendation is to read all of the how-to real estate books you want. When you finally decide you're going to invest, buy this book. It will save you money and headaches. If nothing else it will give you a basic understanding of ownership options and tax benefits (loopholes) that you can then discuss with a lawyer and accountant. Know what you're getting in to before you make your first offer to buy. It is the only real estate book that I am 100% satisfied with. Good luck!



2. The concepts in the RichDad series book Rich Dad, Poor Dad are basic concepts. It was a book to introduce the reader that working hard your whole life is not the way to create real wealth. In Real Estate Loopholes, the concepts for investing in real estate are pretty much the same amount of detail as in RDPD. It's a short read intended to give the reader some surface level knowledge of real estate tax advantage and legal issues to avoid by setting up LPs and LLPs. By reading this book, I'm able to ask more intelligent questions for my real estate attorney.

   I'd say that it's a worthwhile read, but only if you are starting out in real estate investment and are going to be working with an attorney so you can ask follow up questions in forming your LLP that will be holding the real estate.




3. The authors of this book touch on many subjects, giving very little detail in any of them. The legal and accounting loopholes are very basic - and they keep referring you to other products and sites they've written/published - making this book one big commercial. In one area, when talking about the benefits of real estate investment, the fail to even mention costs associated with using equity, cash flow, repairs, etc. I am a new entrant to real estate investing, and would not recommend this book to anyone. It is no different than the get rich quick schemes you see on tv/internet.



4. I think that it is a good book for people who are just getting into real estate investing. It gives you information on many creative things that can be done. I learned alot and plan to use some of the suggestions and tools soon.



5. I've read a lot of the Rich Dad books, and many others on realestate investing. This one was, by far, the best. I would highly recommend this book to anyone who is investing in realestate. There are critical points in this book that should be followed before setting up a strategy for buying property.