Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money
An unprecedented publishing event for Kiyosaki and The Rich Dad Company, CONSPIRACY OF THE RICH is an inter ...more
I had expected much more and was hoping to learn some practical advice about how to survive in the current and f ...more
I read Kiyosaki's first book in the series, Rich Dad, Poor Dad bac ...more
My wife bought a fried chicken from Wal-Mart last night. As I dug into the greasy beast, I remembered one of the many reasons I don't like fast, processed food. Most of the "chicken" consisted of fried breading, rather than fleshy good stuff. The little poultry meat I found was delicious, but our family will be ...more
This book will equip you to take control of your own financial future by giving you the knowledge necessary to understand these forces, and thus the new rules of money. And once you understand these things, you’ll be in a position to opt out of the conspiracy of the rich and to live a life of true financial freedom.
“Today, I do not need job security because I have financial security. The difference between financial security and financial panic can be as simple as knowing the difference between ...more
This guy is always pushing the latest bubble. I find it ironic that he became a best selling author with his advice to buy real estate. Then the real estate bubble burst. I'm impressed with the hubris it takes to write a book here that offers gold and commodities as the solut ...more
This book is a real eye-opener and bring about a change in mindset. It was the first iconic financial book I've read and it's really mind-blowing. I wish I read it before attending university. I would have think twice or even more before opting for a career option and would have helped in not getting screwed up and lost in the darkest abyss of despair.
I feel glad to come across this book in my local library. The ideas that the author shared are excellent in reshaping people's minds and how they ...more
Now coming to the negative side of this book. There is too much of repetition of similar ideas in this book. There is a hardcor ...more
What my 👂 heard ⤵️
whenever they're self-interest, there is a conspiracy
every time an educator brings a banker or a financial planner into their classroom, supposedly in the name of financial education, they are actually allowing the fox to enter the hen house
their job is not to educate but to recruit future customers that is ...more
This is the fourth book I read for Robert Kiyosaki. His books are highly recommended for beginners, including me, who want to become rich! However, I expected a lot from this book. His writing skills are not that good. He admitted that at least! But the previous three books were VERY life changing. The summary of this book is the following:
We need to know the four financial forces that keep people poor. They are:
4 Retirement. Kiyosaki believes that “the concept of a se
The same talking points (the fractional-reserve banking system, the gold standard, etc.) are repeated ad-nauseam throughout, with little treatment as to why these are a problem or how they interact with other points introduced.
The "reader comments" peppered throughout the text are downright obnoxious and have no place in a printed book. If I wanted vacuous comments from internet stranger ...more
I just finished remodeling a house, and ...more
I just finished Conspiracy of the Rich, Cashflow Quadrant, and Rich Dad Poor Dad.
I'd recommend reading these three, in that order.
Conspiracy of the Rich is eye opening. I especially enjoyed the historical summary starting in 1903 through the crash of 2008. Its almost like reading the plot of a James Bond movie, but played out over decades.
His predictions on the collapse of the middle class are scary. I've seen shanty towns in other parts of the world. It's hard to see people survivi ...more
especially in Real Estate, which is what he favors
and how he made his money.
Even though I liked lots of his lessons
I question some of his conclusions.
Especially his answer when asked about
Whole Life Insurance Policies.
And many thoughts were strung together,
as if they made logical sense and justification
for events, though I had trouble seeing the logic.
Like saying Nixon taking us off the Gold standard in 1971
introduced instability into the market.
Still, I appreciate his take on 401k’s, mutual funds, and house debt to name a few. It motivates you to prepare and truly think about where your money is going. Don’t be one of the pack who blindly follows what everyone else is doing (whether that’s consumer spending or investing i ...more
Cashflow is not an easy thing but it is much better than saving money .
Now i can understand why savers are losers , Robert kiyosaki uses the history to explain the inflation and to let us know why 100 dollar 20 years ago is not like 100 dollar today .
I recommend this book for all readers who need financial education, especially this year 2020.
This one is a good read with info on the history of money and common investing myths and fallacies. However, no matter how great the information from this book, there are things mentioned here that I do not agree with the author. To each his own as they say.