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Dewey Decimal Number: 332.024 EAN: 9780446690348 ISBN: 0446690341 Label: Business Plus Manufacturer: Business Plus Number Of Items: 1 Number Of Pages: 304 Publication Date: 2004-01 Publisher: Business Plus Sales Rank: 19330 Studio: Business Plus Related Items:
Editorial Review: Product Description: The #1 New York Times bestselling authors of the Rich Dad Poor Dad series deliver a financial plan to help Baby Boomers survive an impending economic crash. Anyone with a 401K knows that investing in mutual funds is not safe, or so claim Kiyosaki and Lechter. Even worse, they warn that a devastating economic crash is imminent because Baby Boomers will soon be required by law to drain trillions of dollars stashed in 401Ks, IRAs, SEPs, and other mutual-fund savings accounts as they start to retire. In short, the country's financial system won't withstand the drain, and relying on a 401K and Social Security will mean financial disaster. Here, Kiyosaki and Lechter provide a financial roadmap for readers to prosper during these troubled times. Average Rating:
 Rating:  - You ignore this at your own perilIn his latest book "Prophecy", Robert T. Kiyosaki predicts a major stock market crash in the near future. This, he says, is a result of the baby boomers (mostly) saving for their retirement via stock investments and given that a large number of them will retire from 2016 onwards their investments will have to be cashed in as it will be needed and as a result the market will fall if not crash. Apart from that, RK says, that most baby boomers may not actually see their money ever again as more often ... Read More Rating:  - Interesting view point, a little flawedThe premise of the phrophecy is that the baby boomers will pretty much take their money out of the stock market suddenly and cause it to crash. I suspect the market is far more vast than considered and the baby boomers' 401ks combined represents only a few drops in the bucket. If the market crashes, it won't be because of this prophecy's premise. Rating: - This book does what it's author intended.Robert Kiyosaki is a motivational speaker that also happens to sell books. If you are looking for a "How To", then you're in the wrong place. The Rich Dad, Poor Dad author seems to always strive to make you think about your financial future, and Rich Dad's Prophecy is no different. Using scare tactics to elicit a response from you, this book strives to tell you that the stock market is a bad place to invest your money, and presents reasons for this opinion. However, looking historically, ... Read More Rating: - A little light on adviceKiyosaki does a great job explaining the decline to come. Par for the course, the author is less than clear with his advice. If you have not read "The Second Great Depression" or other books like it I do highly recommend this volume. However, your money may be better spent on a more technical manual on how to profit during a declining market. Rating:  - Move along...There is nothing to see (read) here. You know now what you will get from this book. Spend your money elsewhere on Amazon. |
