Updated: Jun 23
Birth: April 8, 1947, Hilo, Hawaii, USA
Robert Kiyosaki, the author of the famous "Rich Dad, Poor Dad" Book, wrote some of the best financial freedom books in the world. He shared his economic situation with influential entrepreneurs like us and changed our perspective on life.
I would like to share with you today; The Rich Dad's Guide to Investing: What the Rich Invest in That the Poor Do Not!
The first book (Rich Dad, Poor Dad) is outstanding and readable.
It sets the basic informations and triggers the inner drive to actually get hold of financial stability. The second book (Cashflow Quadrant) is, well, acceptable since it at least tells us where we should stand to achieve financial freedom but most stuff are just repetitive, things that have already been mentioned in the first book.
And then comes the third book, which is this one "Guide to Investing", the one that make me to stop reading Robert Kiyosaki. Same things all over again. The advice is too broad and never gets to specific steps. The guide is not a guide, he's just using his success from the the first book to lure people to buy his other books.
“Whatever your reality is about money inside of you is the reality of money outside of you. You cannot change your outside reality until you first change your inside reality about money.” /Robert Kiyosaki
“The problem with being young is that you don’t know what it feels like to be old. If you knew what being old felt like, you would plan your financial life differently.” /Robert Kiyosaki
“In order to be a good investor, you first need to be good at business.” /Robert Kiyosaki
“Regardless of whether you work for someone else or for yourself, if you want to be rich, you’ve got to mind your own business.” /Robert Kiyosaki
“I think of money only as a medium of exchange. In reality, money by itself has very little value. So as soon as I have money, I want to exchange it for something of real value. The irony is that many people who cling desperately to money spend that money on things of very little value—and that is why they are poor.” /Robert Kiyosaki
“I realized that my rich dad had a thinking pattern that was almost exactly opposite and often contradicted the thinking of my real dad.” /Robert Kiyosaki
“Investing is a plan, not a product or procedure.” /Robert Kiyosaki
“Whatever your reality is about money inside of you is the reality of money outside of you.” /Robert Kiyosaki
“Years ago, I asked my rich dad, ‘What advice would you give to the average investor?’ His reply was, ‘Don’t be average.’” /Robert Kiyosaki
“The average investor has a job. The rich investor creates jobs.” /Robert Kiyosaki
“One of the reasons so few people become rich is that they become set in one way of thinking. They think there is only one way to think or do something.” /Robert Kiyosaki
“Words form thoughts, thoughts form realities, and realities become life.” /Robert Kiyosaki
“All investors learn how to have their money work hard for them.” /Robert Kiyosaki
What we ultimately invest in is a business. If you invest in stocks, you are investing in a business. If you buy a piece of real estate, such as an apartment building, that building is also a business.” /Robert Kiyosaki
“If our maker has created a life of unlimited abundance, why should you plan on limiting yourself to having less?” /Robert Kiyosaki
“You can invest to be secure and comfortable using an automatic system or plan.” /Robert Kiyosaki