Rich Dad's Who Took My Money?: Why Slow Investors Lose and Fast Money Wins! (Rich Dad) | 
 enlarge | Authors: Robert T. Kiyosaki, Sharon L. Lechter
Publisher: Business Plus
Category: Book
List Price: $16.95
Buy Used: $0.96
You Save: $15.99 (94%)
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Rating:  28 reviews
Sales Rank: 97718
Media: Paperback
Pages: 288
Number Of Items: 1
Shipping Weight (lbs): 0.8
Dimensions (in): 8.9 x 6 x 0.4
ISBN: 0446691828
Dewey Decimal Number: 332.6
EAN: 9780446691826
ASIN: 0446691828
Publication Date: May 1, 2004
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Condition: minor edge/corner wear. Good Conditions, may have some marks or highlighting
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Product Description
Most people think that simply getting a modest return on one's investments is going to take care of them forever, right through their golden years of retirement. But for lots of investors, waiting - and hoping - for a 10 per cent return on their stocks, bonds, and mutual funds is turning out to be a long and perilous wait. In this startling new book, Robert Kiyosaki shows how you can velocitise your money in such a way that you can quickly achieve financial wealth with extraordinary returns and amazing growth. Sound too good to be true? It's not - Kiyosaki and Lechter show how anyone can make the move right now.
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| Customer Reviews: Read 23 more reviews...
 A book about nothing! September 6, 2008
G. W. Wade (NZ)
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.
Too Much Fluff September 30, 2007
David Etenburn (Everett, WA USA)
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.
 One of Kiyosaki's Best! June 11, 2007
Tim Dye (Colorado Springs,CO)
0 out of 3 found this review helpful
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!
Not useful at all May 10, 2007
Tom
0 out of 3 found this review helpful
Same thing gets repeated over and over without a real insight of any thing. Waste of time.
Avoid this book!!! March 6, 2007
David Rubio Mallen (Spain)
7 out of 7 found this review helpful
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.
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