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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!
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
Author: Robert T. Kiyosaki, Sharon L. Lechter
As recent events have proven, when it comes to retirement, relying solely on a 401K plan is a sure recipe for disaster. By the year 2012-10 years from now-the vast majority of Baby Boomers will be on the verge of retirement-and they'll be looking to cash in on their hefty 401K retirement packages. The problem is, according to Kiyosaki and Lechte...  more »
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ISBN-13: 9780446530866
ISBN-10: 0446530867
Publication Date: 10/9/2002
Pages: 304
Rating:
  • Currently 3.8/5 Stars.
 16

3.8 stars, based on 16 ratings
Publisher: Warner Business Books
Book Type: Hardcover
Reviews: Member | Amazon | Write a Review
Read All 2 Book Reviews of "Rich Dads Prophecy Why the Biggest Stock Market Crash in History Is Still Coming and How You Can Prepare Yourself and Profit from It"

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reviewed 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! on
Even if you're not a Rich Dad fan there is quite of lot of useful information in this book. And if you are an older baby boomer heavily invested in mutual funds this is a must read!
reviewed 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! on + 533 more book reviews
When the first baby boomers celebrate their 70th birthdays in 2016, according to rich dad (the author's financial mentor and father of his boyhood chum), a massive stock market crash will ensue. Joining half a dozen popular Rich Dad books, this volume continues Kiyosaki's eloquent yet simple survival instructions to investors present and future. Kiyosaki's wealth stems from lessons learned at rich dad's balance sheets, and here he deftly illustrates those complex financial truths. He encourages readers-many of whom suffer from what he sees as the dismal lack of financial education in the school system-to understand factors such as ERISA, the investor-unfriendly retirement law for which rich dad vilified the government, and the overabundance of "white bread" financial advice for the masses. Wall Street has nothing to gain by smartening up investors, Kiyosaki warns, so it's up to people to educate themselves. Those convinced that reading financial statements is an activity solely for the sophisticated and the moneyed will be reassured by Kiyosaki's analogies-Noah's ark is a primary one-as he colorfully covers a host of investing esoterica and scrutinizes details every investor should recognize. "Investing time when I had no time, and investing money when I had very little money is what made me rich," he says.
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