Rich Dad's Prophecy

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

Book - 2002
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In the near future, the vast majority of Baby Boomers will be on the verge of retirement - and looking to cash in on their retirement plans. This will be a major drain on cash reserves for which no-one is ready and there's every chance that peoples' lifelong savings will dramatically lose their value. Now for the good news: sensing this financial crisis is in the offing, Kiyosaki and Lechter provide a detailed financial plan aimed at helping forward-thinking people prepare for the worst - and they urge that one must start planning NOW They cover a variety of alternative ways of generating wealth through other forms of investment, including real estate, self-employment and investing in companies.
Publisher: New York : Warner Books, c2002
ISBN: 9780446530866
Characteristics: 286 p. : ill. --
Additional Contributors: Lechter, Sharon L.


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Dec 22, 2011

For fans of Robert Kiyosaki, this book continues the discussions from 'Rich Dad, Poor Dad' and 'Cashflow Quadrant'. This is a good general discussion about faulty pension plans and the need for financial intelligence (repeated ad nauseum), but the reader is left wanting more from the author by investing their time in reading this book. There are some hidden gems provided within the text, particularly around the ideas of controlling your emotions, time and destiny, but this book doesn't provide a true step-by-step manifesto concerning real estate investment or options trading. It is also unfortunate that the book descends into self-promotion of the 'Rich Dad' series of products aimed at increasing emotional intelligence, but at least this book provides a range of ideas about how to gain financial freedom.

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Dec 22, 2011

Ivory_Wolf thinks this title is suitable for 10 years and over


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