Rich Dad's Guide To Investing - Robert Kiyosaki
What the Rich Invest In That The Poor and Middle Class Do Not

The third book in Robert Kiyosaki's Rich Dad series is Rich Dad's Guide To Investing. I found the book very informative to read, but at the same time very 'heavy'. By this I mean that it has loads of useful content but at times it feels like too much information is trying to be conveyed.

Rich Dad's Guide to Investing would truly come to value when you are about to start your own business. It first tells you more about the mindset to create if you want to have a successful business. The next step is to decide where you want to go or what you want to achieve with the business. Then you move on to building a successful business and then how to go big. And in the end you must give something back.

One of the 'heavy' elements of Rich Dad's Guide to Investing is the number of useful lists. There are the 3 E's to explain a sophisticated investor; the 10 investor controls to be a successful investor; the elements of the B-I triangle; 16 investors lessons; 5 categories of investors; the tetrahedron of investments (paper assets, business, property, expenses). By now I guess you get the picture.

Throughout the book, Robert Kiyosaki makes several statements that challenge you to think in new and creative ways. Or simply say things in a way that you have not thought of before.

Let me list some of these to challenge you:

• The key to becoming rich is to understand why you want low income and high expenses.
• How many sets of financial statements do you control?
• Investing isn't risky; it's the investor that is risky.
• How can you create an asset without money that buys your assets for you?
• It's your expenses that determine whether you become rich or poor.
• Do you see a world of too little money or a world of too much money?
• How can you turn trash into cash?

A few other valuable titbits from the book includes Robert's view on why rich people go bankrupt, a due diligence checklist for property and a discussion on financial ratios that one can use when making investment decisions.

Yes, at times it will feel as if you are reading a textbook with all these lists and statements that you feel you have to remember. But more than that, Rich Dad's Guide to Investing is about teaching the difference between building an S quadrant business and a B quadrant business. Investing in your own business education is one of the best investments you can make and reading Rich Dad's Guide to Investing is one of the tougher (but cheaper than experience) ways you can do it.

Links for Rich Dad's Guide To Investing

Rich Dad's Guide to Investing from Amazon.