Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming And How You Can Prepare Yourself and Profit from It! by Robert T. Kiyosaki. Read "Rich Dad's Prophecy Why the Biggest Stock Market Crash in History Is Still Coming And How You Can Prepare Yourself and Profit from It!" by Robert T. Editorial Reviews. From Publishers Weekly. When the first baby boomers celebrate their 70th site Store · site eBooks · Business & Money.
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Rich Dad's Prophecy is available FREE at deotertuachartpep.ml Learn how to create a financial strategy and retirement plan that is not reliant on. product that Robert Kiyosaki was developing, that he arranged for both of us to participate Cashflow Rich Dad's quadrant - Edu Akadeemia. Mar 29, [PDF DOWNLOAD] Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming And How You Can Prepare Yourself and .
I really don't want to spend the rest of my life as an investor, but his advice on investing is good. I was surprised to see the author graduated from the Merchant Marine Academy, because my son did also. And the author was a Marine and so was I.
I like his emphasize on being truthful and having integrity in every aspect of your life. I really like his opinions about the educations that a person today needs: academic, professional and financial. An interesting point about the professions as well: one is how we make money and the other one is how we invest our money.
Some of my favorite quote are: 1. Are you kidding us?!?!
Piling into real estate didn't save people. Fast forward to U.
Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Rich Dad's Prophecy , please sign up. Lists with This Book. Community Reviews. Showing Rating details. More filters. Sort order. Nov 23, Erica rated it liked it.
This book provides some good investing pointers. I actually took some notes. He predicts that the baby boomers retirement will cause the biggest stock market crash in history.
His reasoning is mainly summed up in the changes that came with the enactment of ERISA in and the followed rise of mutual funds for uneducated investors. Overall, I see his point of view--especially the need to educate yourself financially.
Gain experience investing, read, study, attend classes This book made me think more seriously about my financial intelligence. I'm going to read all the books he recommends in this one. I'll let you know how that goes. I just put them all on hold at the library. Oct 30, Alok rated it it was ok Shelves: An okay book.
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Predicts that the crash will happen sometime in when baby boomers start retiring and start withdrawing money from stock market to support themselves. Too much focus on this aspect alone. Too many words have been wasted to explain things. Book should have been concise. Mar 17, Nam Pham rated it really liked it.
I really like his opinions about the educations that a person today needs: An interesting point about the professions as well: Some of my favorite quote are: Apr 03, Ron II rated it did not like it.
So a purported expert on real estate investing is now predicting a massive stock market collapse? Are you kidding us?!?!
Piling into real estate didn't save people. Fast forward to Or did he accurately predict that too? Be skeptical of s So a purported expert on real estate investing is now predicting a massive stock market collapse?
Be skeptical of self-absorbed authors who make fantastic predictions. Are they doing it to help readers or to sell books? View all 3 comments. I don't think the author ever completed one thought or finished one point they were trying to make.
Robert T. Kiyosaki
That was frustrating. Since the book was written in , it was interesting to read the perspective on the stock market crash. There were a few decent financial points, but overall just lots of the author patting himself on the back and encouraging people to take the same risks he's taken to make his fortunes, regardless of their personal financial situation. View 1 comment. One of the greatest books from Mr. It contains a lot of useful information related to the investment and financial independence.
Dec 12, Marcelo rated it it was amazing.
Rich Dad's Prophecy
Libro muy interesante. May 06, Sean rated it liked it Shelves: I read this in and this book predicts that the crash will happen beginning in So on that front it's a total failure. However, we all know that markets have been artificially inflated by the fed so making a prediction like that is pointless in the NWO. Despite this, it's still a light and easy read with good practical advice for the average investor. Dec 06, Quan Legend rated it it was amazing. Dec 08, Chas Tomac rated it liked it.
Basic investing concepts well covered for the beginner. Nov 21, Ali rated it it was amazing. The best book of all the time: Aug 24, Brian rated it really liked it Shelves: It was fine in the sense that I learned more about what I want to learn more about.
It is not very detailed, not as detailed as I would like. Jan 28, Tina Wavelet rated it liked it. Educational, motivational, predictive.
Kiyosaki often repeats the same phrases. The book promotes financial courses offered by his company. I like the depiction of the current economic situation in the US and criticism of the retirement mutual funds. And also an observation that economic schools produce financially uneducated, resp. Given the mentioned prophecy, the book will be outdated in 2 Educational, motivational, predictive.
Given the mentioned prophecy, the book will be outdated in 2 years. The book could be shorter by removing repetitive sentences, some questionnaires and repetitive financial tables. I kind of resent the typical bombastic-motivational style, which seems that simple American population still consumes. The teacher advises how to find a good accountant: So what does he exactly mean?
About the Author
He also does not explain what he will do when his tenants stop paying him rent and the price of real estate will go down during the crash. How will he repay the mortgage? He will hardly sell property with profit because of no demand.
He writes that the crash will be caused by post-war generation, who will go to retirement in two years and will start selling their retirement mutual funds, which will not be bought by anyone as there will be more elderly sellers than young downloaders. He does not mention, however, that loans from banks, mortgages, thus debts in which he participates as well, are part of recurring of market crashes.
Ako to teda presne myslel? May 12, Ice rated it liked it Shelves: When the first baby boomers celebrate their 70th birthdays in , according to rich dad the author's financial mentor and father of his boyhood chum , a massive stock market crash will ensue. Joining half a dozen popular Rich Dad books, this volume continues Kiyosaki's eloquent yet simple survival instructions to investors present and future. Kiyosaki's wealth stems from lessons learned at rich dad's balance sheets, and here he deftly illustrates those complex financial truths.
He encourages r When the first baby boomers celebrate their 70th birthdays in , according to rich dad the author's financial mentor and father of his boyhood chum , a massive stock market crash will ensue.
He encourages readers-many of whom suffer from what he sees as the dismal lack of financial education in the school system-to understand factors such as ERISA, the investor-unfriendly retirement law for which rich dad vilified the government, and the overabundance of "white bread" financial advice for the masses.
Wall Street has nothing to gain by smartening up investors, Kiyosaki warns, so it's up to people to educate themselves. Those convinced that reading financial statements is an activity solely for the sophisticated and the moneyed will be reassured by Kiyosaki's analogies-Noah's ark is a primary one-as he colorfully covers a host of investing esoterica and scrutinizes details every investor should recognize.
Apr 23, Torki rated it really liked it Shelves: This review has been hidden because it contains spoilers. To view it, click here. One of the most audio-book I enjoy listening to it for the last 11 days. I'd love to share the last paragraph with you it's goes like this: You have the opportunity to take control of your financial life.
By building One of the most audio-book I enjoy listening to it for the last 11 days. By building your own ark full of assets that work for you, you can prepare yourself to prosper no matter how the stock market performs.
Sep 23, Stephan Paukner rated it really liked it Shelves: Written in , it predicts a massive crash for Still an interesting read, though, although of course it doesn't incorporate the intermediate retracement of which might have bought us some time. In short, Kiyosaki expects a crash to occur because millions of baby boomers in the U.
It isn't qui Written in , it predicts a massive crash for It isn't quite clear to me, though, how they could have that much influence.He does not mention, however, that loans from banks, mortgages, thus debts in which he participates as well, are part of recurring of market crashes.
Or did he accurately predict that too?
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