• book

    "The book illustrates how the thinking of the1950's, when a person could have a job for life, is still prevalent today, and Robert argues that this way of thinking has been rendered ineffective in the information driven world in which we live. Robert’s provocatively titled book caused quite a stir in America but has sold over 28 million copies. While the author has many interesting things to share with the reader, some of his investment strategies are just as subject to the economic winds of change as any other. In one-chapter he mentions property being his foundation for investing, the cash flow of which feeds his more speculative moves. While that may have been a iplocation in the late 90's, the sub-prime disaster of the 'noughties' has shown that even property investing is vulnerable to economic ebbs and flows. He goes on to laud those who invest in mutual funds saying that a "low-risk folio of investments is better than no portfolio." But tell that to the millions of people who have seen the value of their paper go the way of the worm recently. Robert dishes up a lot of great principles and words of wisdom though - gleaned from his Rich Dad and its these points rather than his investment preferences that make this book worth considering for the aspiring entrepreneur.


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