If you need the basics
4 stars
Explains the basics about saving and investing money
with updates for today's world--and 9 new study session sections
294 pages
English language
Published Aug. 1, 2017
Taking to heart the message that the poor and middle class work for money, but the rich have money work for them, the author lays out a financial philosophy based on the principle that income-generating assets always provide healthier bottom-line results.
Explains the basics about saving and investing money
Great book. Made me remember and think further about stuff that education system had made me forget, so that's good
Why not 5 stars? As the author admits, it's hardly the best-written book. That sure was a section I completely agreed with, if you know what I mean
This is a book I'd should have read 15 years ago. Today it felt a bit too enthusiastic, but it's OK to read about capitalism and the idealistic real estate quick success from time to time
There are some fundamental topics about wealth and investing covered, like acquiring assets, tax strategies, etc. But you're far better off learning these through a more honest and thorough author. This book is just like the Rich Dad live seminars—sales funnels.
Please read The Intelligent Investor or Think and Grow Rich instead.
I have mixed feelings about this book.
On one hand I dislike the oversimplified perspective that it takes about taxes, money, rich, poor and middle-class. Sometimes, I found the book too long-winded; at other times I found the tone of the author elitist.
On the other hand, I find the advice and ideas that it presents useful. And the unfamiliar point of view about money was a refreshing slap in the face. It definitely gave me food for thought.
I recommend because it will make you reflect about your own ideas and views about money, wealth and their distribution.