In his 1st book Rich Dad Poor Dad, Kiyosaki addressed the differences in mindsets between the Rich and the Poor. Then, in his 2nd book Cashflow Quadrant, he spoke on the 4 quadrants from which one can generate income. To be wealthy, Kiyosaki recommended that we learn to generate our incomes from the "B" (Business-owner) and "I" (Investor) quadrant as opposed to the "E" (Employee) and "S" (Self-employed) quadrant.

In his 3rd book Rich Dad's Guide to Investing, Kiyosaki tells how he got started in his investment journey, starting with nothing, and in fact at one stage, with a negative net worth. Most of us, having read his first 2 books, would have wondered if we could have embarked on our journey to become financially independent without much resource at hand. In this book, Kiyosaki shows how anyone can get started and how it does not take money to make money. He teaches how time is more important than money; how investing in one's self and getting an education and experience precedes excessive cash; how having a plan is more important than being in a hurry to make money.

This is not a book for those who want hot tips and quick fixes. This is a book on mindsets. Kiyosaki plants ideas and provides a road-map. The reader must take the first step and learn to navigate his/her own journey.

What I like about this book, is Kiyosaki's concept of being an Ultimate Investor, a "selling-investor". The Ultimate Investor creates deals and businesses that the public hunger for and are willing to pay a premium to acquire a share of. With the internet, it has never been easier to create businesses and deals which one can take public.

As in all his other books, Kiyosaki's book is worth reading again and again. I would also recommend that one reads Robert Allen's Multiple Streams of Income in conjunction with Kiyosaki's Rich Dad's Guide to Investing.

163 of 171 found the following review helpful:


One of the Best I Have Read  May 02, 2001 By Paul Polanco
I've read close to 60 books on Personal Finance, Investing, and How-To-Be-Rich-types and this one is one of the best I have read. I have enjoyed Robert Kiyosaki's other books, but this one is the best, in my opinion, because he reviews many of his principles from his previous books just in case this may be the first of his books that you are reading.

This is not a *HOW-TO* book on HOW to become wealthy or which steps to take to become wealthy. Like the author states, this book is about the INVESTOR, not specific strategies. To become truly wealthy you have to do two things. First, you NEED to change how you think, not just about money but about all areas of your life. Why go after riches if your marriage is in trouble or you don't spend enough time with your children? Secondly, you NEED to take different actions. If your last 5 years were miserable, then your next 5 years will be the same unless you DO something different. If at least 95% of the people in this country are not wealthy then you cannot do what 95% of people do. You have to do what the other 5% do; people WILL tell you you are crazy or what you are doing won't work. This happened to me and I am GLAD I did not listen to those people who still work at a job (I don't).

Most people do not Incorporate, most people do not invest in mutual funds and stocks correctly (they buy high and sell low), most people do not know how to buy real estaste, and most people know little about taxes, accounting, and personal finance. If one book was to be written about all those subjects in a general sense, it would still be thousands of pages long.

Robert's genius is that with his "Rich Dad/Poor Dad" metaphor, he gets the average reader to realize that it is not some magic formula or some great unattainable secret, but that it is our responsibility to go out and learn what the rich do and WHY they do it.

I never thought I would read a book about the Investor that would have given me this many new ideas. A must have for those who want to get out of the "rat race."

Beware the negative reviews regarding this book because they are written by people who "don't get it." You either "get it or you don't." Reviews written by people who have not read the book and have not been there are a waste of your time.

Like I said, I've been there, I own and have read this book twice already. People WILL put you down in obvious or subtle ways if you go for your dreams. Don't listen to the 95%, listen to the 5% that have made it.

Good luck and may all your dreams come true.

160 of 168 found the following review helpful:


Better than the first two RD books  May 31, 2003
In this third of the of the RD/PD series Kiyosaki discusses investing. He shows how he went from a negative net worth to millions. He discusses the importance of having a plan. I like the fact that he emphasizes the importance of having a mission in your business. Kiyosaki also discusses the importance of having a safety net in your investment plan as a back up to the aggressive real estate, business and stock investing.

Good book and the best of the three in my opinion.

246 of 264 found the following review helpful:


Terrific Book  Mar 14, 2002 By jo bartello
All of the books in the Rich Dad are excellent. I also suggest How to make nothing but money by DelDeotto,

60 of 61 found the following review helpful:


Get rich intelligently, not "quickly"  Jan 11, 2001
Rich Dad's Guide to Investing is the third installment in Robert Kiyosaki's best-selling series of financial advice books. The first in the series, Rich Dad, Poor Dad was structured around the story of how Kiyosaki grew up in a family with a father who was a highly-paid official in the Hawai'i school system but who, no matter how much money he made, never seemed to be able to get ahead in his financial life. His advice to Kiyosaki was "Go to school, get good grades, get a good, secure job." Then when Kiyosaki was nine, he adopted a second dad, the now infamous "Rich Dad", the father of his best friend Mike. Rich Dad (who's name is never given in the books) came from a background that was very financially poor, but went on to become one of the wealthiest men in Hawai'i, building business after business and retaining his wealth through his own philosophy of money management. Rich Dad, Poor Dad chronicled and expounded on Rich Dad's advice to Kiyosaki, which could be summarized as: "Don't ever work for money. Make the money work for you. Only hold a job to gain skills, not to make a living. There is a surfeit of opportunity in the world- but you have to go to it, because it won't come to you. Create wealth." Kiyosaki took Rich Dad's advice to heart and went on to make several fortunes of his own.

The second Rich Dad book, The Cashflow Quadrant, was a discussion of the four different approaches to making money- as an employee, as a self-employed professional, as a business-owner and as an investor. Poor Dad valued security, and encouraged Kiyosaki to become a high-paid employee, like himself. But Rich Dad argued that the road to wealth and security lead away from the employee/self-employed half of the "Cashflow Quadrant" and into the business-owner/investor side, where a person can control his own future and financial destiny. Whereas Rich Dad, Poor Dad gave an overview of Rich Dad's financial philosophy, The Cashflow Quadrant detailed a crucial part of it- the argument that only through financial literacy and an understanding of the flow of wealth in the world can a person become wealth himself.

Now comes Rich Dad's Guide to Investing. Although the title might lead some readers to believe that it's a guide to the world of IPOs-and-technology-stocks, it's really an even more in depth look at the world of the businessman and long-term investor, a more hands-on continuation of Cashflow Quadrant. In fact, the whole second half of the book is devoted to strategies for developing and profiting from your own business, which Kiyosaki calls "investing from the inside." IPOs are discussed in the last few chapters- but Kiyosaki is talking about how to do your own IPO.

Like it's predecessors in the series, this book suffers from a rambling and folksy pop-finance style that can sometimes detract from the content of the book. But stylistic considerations aside, the series stands head and shoulders above similarly themed books. Rich Dad's Guide to Investing is no get rich quick guide. Rather, it's a practical blueprint for building wealth even in you are starting out with very little free cash. But that's not to say that it's "no money down". In fact, the strategies outlined here require more than just money- they also require sizable amounts of time. But the Kiyosaki makes the tradeoff in time seem worth it, considering that the alternative he presents is a lifetime of financial constraint.

I especially like Kiyosaki's suggestions for planning and executing three separate tracks of investment: investment for security, investment for comfort and investment for wealth. His pyramid approach to business management was also very interesting. Overall, this book isn't as inspiring as Rich Dad, Poor Dad, but it has much more how-to-do-it nitty-gritty type information, which I appreciated a lot. Highly recommended.

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