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Summaries and Short Reviews

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Shvoong Home>Social Sciences>Economics>Rich Dad Guide to Investing Summary

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Rich Dad Guide to Investing

Book Review by: tentaralangit46     

Original Author: Robert Tiyosaki

this book tell about the basic of investation, what is the kind of investation models, from the

simple investation until the difficult investation, if the investation is simply so the return of investment is more long than the difficult investation but have fast of return of investment, in this book was analyze about the break event point, in this book the Rich dad guide Robert Tiyosaki to move from the employee quadrant until trough the investor quadrant.the Rich dad guide was discuss chapter by chapter using the simple words, how to make different between the poor cashflow, the middle cashflow and investor cashflow, the investor is make a different way to reduce the tax from the goverment.  
another discussion is how to low risk of investation, he make a story like a drive a car but with lost of hold or we lost of control. the risk can be made by inadequate of knowledge, marketing strategy failure, and didn't have a good team. Robert Tiyosaki say if the ivestor must have a team, he have a lawyer, have a wife as supporter and have a good manager so he can build 11 corporation that have orientation to develop the financial knowledge and to enter the fast track and leave the rat race.
rich dad wa explain to robert tiyosaki about Investor control, if they able to hold the control they will success in the investing program.
in those book was explain how to change the earned income tobe the portofolio income, so after we have the passive income, we have another income when we have sick or maybe we disable to work.
the last this book give trick how tobe the ultimate investor, or tobe the very rich man using business and investation methode. 


Published: April 16, 2008
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