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Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
Rich dad's guide to investing
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Rich dad's guide to investing

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  • 1.  
  • 2. Rich Dad’s Guide to Investing What the Rich Invest In, That The Poor And Middle Class Do Not! AUTHOR: Robert T. Kiyosaki PUBLISHER: Warned Books DATE OF PUBLICATION: 2000 NUMBER OF PAGES: 406 pages Book pic
  • 3. <ul><li>Free yourself from financial hardship. </li></ul><ul><li>Have your money work hard for you. </li></ul><ul><li>Retire at an earlier age so you can enjoy life. </li></ul><ul><li>Be an Investor! </li></ul>THE BIG IDEA
  • 4. Are you mentally prepared to be an investor? <ul><li>The 3 Es of a Sophisticated Investor: </li></ul><ul><ul><li>Education </li></ul></ul><ul><ul><li>Experience </li></ul></ul><ul><ul><li>Excessive Cash </li></ul></ul><ul><li>Some investments of accredited and sophisticated investors: </li></ul><ul><ul><li>Private placements </li></ul></ul><ul><ul><li>Real estate syndication and limited partnerships </li></ul></ul><ul><ul><li>Pre-initial public offerings (IPO’s) </li></ul></ul><ul><ul><li>Sub-prime financing </li></ul></ul><ul><ul><li>Mergers and acquisitions </li></ul></ul><ul><ul><li>Loans for start-ups </li></ul></ul>
  • 5. Are you mentally prepared to be an investor? <ul><li>The Five Phases Rich Dad sets for becoming a Sophisticated Investor: </li></ul><ul><ul><li>Are you mentally prepared to be an investor? </li></ul></ul><ul><ul><li>What type of investor do you want to become? </li></ul></ul><ul><ul><li>How do you build a strong business? </li></ul></ul><ul><ul><li>Who is a sophisticated investor? </li></ul></ul><ul><ul><li>Giving it back. </li></ul></ul>
  • 6. The Choice <ul><li>Priorities of poor and middle class: </li></ul><ul><ul><li>To be secure </li></ul></ul><ul><ul><li>To be comfortable </li></ul></ul><ul><ul><li>To be rich </li></ul></ul><ul><li>Priorities of the rich </li></ul><ul><ul><li>To be rich </li></ul></ul><ul><ul><li>To be comfortable </li></ul></ul><ul><ul><li>To be secure </li></ul></ul>Investing is a plan, not a product or a procedure
  • 7. Investing is a Plan, Not a Product or a Procedure <ul><li>A true investor does not become attached to just one product or procedure. </li></ul><ul><li>A true investor has multiple options as to investment vehicles and procedures. </li></ul><ul><li>Remember, a plan is not a plan until it is in writing and you can show it to someone else. </li></ul>Investing is a plan, not a product or a procedure
  • 8. The Basic Rules of Investing <ul><li>Always know what kind of income you are working for. </li></ul><ul><li>Convert earned income into portfolio and passive income as efficiently as possible. </li></ul><ul><li>Keep your earned income secure by purchasing a security. </li></ul><ul><li>It is the investor that is really the asset or the liability. </li></ul><ul><li>A true investor is prepared for whatever happens. </li></ul><ul><li>A good investor has the ability to evaluate risk </li></ul><ul><li>and reward. </li></ul>Investing is a plan, not a product or a procedure
  • 9. What Type of Investor Do You Want to Become? <ul><li>Rich dad’s categories of investors: </li></ul><ul><ul><li>The accredited investor earns a lot of money and has a high net worth. </li></ul></ul><ul><ul><li>The qualified investor knows fundamental and technical investing. </li></ul></ul><ul><ul><li>The sophisticated investor understands investing and the law. </li></ul></ul><ul><ul><li>The inside investor creates the investment. </li></ul></ul><ul><ul><li>The ultimate investor becomes the selling shareholder. </li></ul></ul>Investing is a plan, not a product or a procedure
  • 10. How Do You Build a Strong Business? <ul><li>Cashflow management. </li></ul><ul><li>Communications management. </li></ul><ul><li>Systems management. </li></ul><ul><li>Legal management. </li></ul><ul><li>Product management. </li></ul>Investing is a plan, not a product or a procedure
  • 11. Final Words <ul><li>Remember to give back some of your wealth when you attain it. </li></ul><ul><li>In today’s Information Age, all you need is your brain and a brilliant new idea, or a better way to improve on a relatively new idea. </li></ul><ul><li>Rich Dad’s most important lesson is “Don’t be average”. </li></ul>Investing is a plan, not a product or a procedure
  • 12. BusinessSummaries.com is a business book Summaries service. Every week, it sends out to subscribers a 9- to 12-page summary of a best-selling business book chosen from among the hundreds of books printed out in the United States every week. For more information, please go to http://www.bizsum.com. ABOUT BUSINESSSUMMARIES

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