Robert Kiyosaki
Best selling author - Robert
Kiyosaki
Robert Kiyosaki, author of "Rich Dad Poor Dad," is an investor,
entrepreneur, and educator whose perspectives on money and investing fly in the
face of conventional wisdom.
In arguing that "old" advice -- get a good
job, work hard, save money, get out of debt, and invest for the long term -- is
obsolete and flawed, he has earned a reputation for straight talk, irreverence,
and courage.
"Rich Dad Poor Dad" is
the longest-running bestseller on all four of the lists that report to
Publisher's Weekly magazine: The New York Times, The Wall Street Journal, USA
Today, and BusinessWeek. It has held a top spot on The New York Times list
bestseller list for nearly five years and was USA Today's #1 money book for
2004.
Translated into 44 languages and available in 80 countries, the
"Rich Dad" series has sold over 20 million copies worldwide and has dominated
bestseller lists across Asia, Australia, South America, Mexico, and Europe. In
2005, Robert was inducted into the Amazon.com Hall of Fame as one of the
bookseller's Top 25 Authors. There are currently 12 books in the "Rich Dad"
series.
Prior to writing "Rich Dad Poor Dad," Robert created the
educational board game CASHFLOW 101 to teach individuals the financial and
investment strategies that his rich dad spent years teaching him. Hundreds of
"CASHFLOW Clubs" -- game groups independent of the Rich Dad Company -- have
sprung up throughout the world.
Born and raised in Hawaii, Robert
Kiyosaki is a fourth-generation Japanese-American. After graduating from
college in New York, he joined the Marine Corps and served in Vietnam as an
officer and helicopter gunship pilot. Following the war he went to work in
sales for the Xerox Corporation and, in 1977, started a company that brought
the first nylon and Velcro "surfer wallets" to market. He founded an
international education company in 1985 that taught business and investing to
tens of thousands of students throughout the world. He sold his business in
1994 and, through his investments, was able to retire at the age of 47.
Latest articles by Robert
Kiyosaki [more]
The Profit of Doom by
Robert Kiyosaki (March 3rd 2008)
Prophets of doom have always taken
risks in terms of ridicule and humiliation. If you stand on a street corner
holding up a sign that reads "The End Is Near," passersby will laugh and
heckle. People will say you're like Chicken Little, running around telling
people the sky is falling.
Investing in Better Research
by Robert Kiyosaki (January 17th 2008)
A few days ago, a reporter
asked me if I was losing money in real estate. My reply was, "No, I'm making
money." Confused, he asked, "How can you be making money during the subprime
disaster?" I explained that since the real estate market took a downturn, there
were more people renting rather than buying, which is great for my apartment
business. I also informed him that I'm raising rents since demand for
affordable apartments is so high. When someone moves out, I increase the rent
and new tenants line up, which means my cash flow is increasing.
Future Tense by Robert
Kiyosaki (December 20th 2007)
Most financial advisors say you can't
predict the future. These experts claim you can't pick a market's top or
bottom. And since you (or they) can't predict the future, they advise that you
just leave your money with them for the long term. For most people, this is
good advice. But for those who want to get rich, being ahead of the future is
one of the best ways to amass wealth. The best way to predict the future is to
study the past, or prognosticate. My rich dad often said, "There's a difference
between a fortune-teller and a prognosticator." That's why he encouraged me to
take the study of history seriously.
Welcome to Turbulent Times
by Robert Kiyosaki (November 26th 2007)
The Sunday, Sept. 30,
edition of the New York Times featured two articles that should be cause for
alarm. "What Makes a Monk Mad" was about civil unrest in Myanmar, formerly
Burma, led by Buddhist monks. This past summer, the monks led huge
demonstrations in part because the government tried to suppress protests
against high gas prices. The second article, on the same page, was titled
"Costly Fuel Is Never Far from a Match," and featured a photograph of a gas
station in Tehran that was burned this summer by rioters. Again, the issue was
high gas prices.
Think Rich to Lower Your
Taxes by Robert Kiyosaki (April 2nd 2007)
Tax season always
means a deluge of tax advice. Unfortunately, most of it is futile and
lightweight. I say that because most people work for their money rather than
have their money work for them. The problem with working for your money is that
you pay more in taxes as your income goes up. In fact, if your income passes
$65,000 as a W-2 employee, you may find yourself being double-taxed with the
Alternative Minimum Tax, or AMT.
The Slow-Motion Stock Market
Crash by Robert Kiyosaki (March 2nd 2007)
When my book "Rich
Dad's Prophecy" was released in 2002, most financial newspapers and magazines
trashed it because I discussed a looming stock market crash. Ironically, much
of what I predicted in the book is coming true earlier than I expected. On Feb.
27 of this year, a 9 percent market sell-off in China sent ripples of fear
through stocks markets across the world. In the United States, the Dow's
one-day plunge of 416 points was the steepest decline since the market opened
after Sept. 11, 2001. So the question is: Should stock investors be worried? As
you might expect, some say yes and some say no.
Rich Today, Poor Tomorrow
by Robert Kiyosaki (March 3rd 2007)
As promised in my last
article, this week I'll explain why deflation will severely punish the upper
middle class. These are the people who think they're rich because their houses
and stocks have gone up in value -- that is, because of inflation. What Goes
Up... People concerned about inflation today tend to buy big houses and nice
cars. They believe that the purchasing power of the dollar is going down. But
what happens if cash becomes king?
Read
full Robert Kiyosaki articles @ Yahoo Finance
 Rich Dad Poor
Dad
Personal finance author and lecturer Robert Kiyosaki
developed his unique economic perspective through exposure to a pair of
disparate influences: his own highly educated, but fiscally unstable father,
and the multimillionaire eighth-grade dropout father of his closest friend. The
lifelong monetary problems experienced by his "poor dad" (whose weekly
paychecks, while respectable, were never quite sufficient to meet family needs)
pounded home the counterpoint communicated by his "rich dad" (that "the poor
and the middle class work for money," but "the rich have money work for them").
Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad Poor
Dad, written with consultant and CPA Sharon L. Lechter, lays out his the
philosophy behind his relationship with money.
Purchase Rich Dad Poor Dad
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