Unfair Advantage

This book is an excellent book for both those that want to continue their financial education with the Rich Dad series of books and also first time readers of Robert Kiyosaki. This book is complete in itself. Robert continues his theme of the dangers of the middle class clinging to their job security, possessions and savings. He believes a financial education and cash flowing assets are what leads to long term financial success. He is also against the majority and believe most people spend their lives as wage slaves of their employers and tax slaves of the government. He advises learning to make a living as a business owner or investor and avoid the rat race and earn a paycheck and spend it on bad debt spiral.Robert points to the many unfair advantages that the rich have over the rest of the population and how he came to posses these advantages. I like this book because he speaks about his real life successes. While some shy away from it because it sometimes seems arrogant, I want real life examples not theories or academic opinions.The unfair advantages:1. True financial knowledge2. Paying taxes as a business owner is much different than paying taxes as an employee.3. Understanding the real nature of financial risk.4. The wealthy get compensated for providing homes, jobs, and products to consumers.The book gives the reader a warning against the old advice to get a good education, work hard, save your money, and buy a house because it is an asset. Robert Kiyosaki turns conventional wisdom on its head.I have been reading his books for over a decade and he was right about your house not being an asset on 1997 the 2008 meltdown proved that to many homeowners. He was right about the coming stock market meltdown he predicted in the book Rich Dad's prophecy in 2002. He was also correct about investing in gold instead of holding cash because of the devaluing U.S. dollar. Readers that followed his advice did very well, I am one of those readers in many areas.I highly recommend all the books from the Rich Dad series. His have really educated me financially over the past 11 years.

This book gave me much more than I expected from it. Kiyosaki does a wonderful job presenting new ideas for looking at things such as debt and taxes, which are usually looked at in a negative way and can actually be leveraged to make you wealthy. It also helps to point a few myths and memes that we hear so often about money and that really only serve to hold us back.I learned a few things about beliefs that I held that were not in my best interest in acquiring wealth from reading this book, mostly about debt and my own fears of taking a risk to leverage it. I also learned about the concept of cashflow investing instead of investing strictly for capital gains or trading later on.Granted, I am an investment newbie, but that is why this book was so great for me and I believe it is one of the best places to start for anyone wanting to take control of their financial health. Instead of looking for techniques and strategies first, start with the right mindset and then look for what vehicle you want to use to acquire wealth.This book is not about specific ways to make money, so if you are looking for techniques and strategies, you may want a different book. However, if you are starting out or are having constant stumbling blocks getting started, this book gives so much value and will give you the big picture. It's kind of like seeing the whole map first and then you can choose specific destinations of where you want to go with much greater ease. I think this book can help anyone feel more confident in finding the right path for themselves.

The book very insightful. I would recommend it couple thousand times. Written by a real Real estate investor.

This is the first Kiyosaki book I have read. I like his writing style and subject matter, but it does seem to repeat itself. I would also say that this takes material from other books, so it is great if you don't want to buy all of his books, but bad if you have already read them. It talks about educating yourself for financial investing in the true sense of investing. He doesn't believe in flipping houses, but buying rental units for the tax advantage and cash flow in good times and bad. Also talks about investing in oil exploration. If you have a couple of million dollars laying around this book might be for you. Or if you are 20-30 years old and want to spend you life in pursuit of seminars and investment opportunities this book might be for you. Otherwise it is a good insight into how the rich and super rich get and stay where they are. Some of his outlooks on life aren't very encouraging either. Like 95% of the dollars value has gone away since we went off the gold standard and the rest will disappear shortly:(

Though much of this book is repeating the Rich Dad philosophy from the first books, there are some newer details added to it along with some excerpts from some of the Rich Dad advisers. If you have the time to read more than one book, I would recommend the first three books to fully grasp the Rich Dad Philosophy. If not, this book should contain enough of it to get a grasp on the basic ideas. Many people can look at this book as a repeat of the same old ideas, but those who read and acted on the book 'Rich Dad's Prophecy' before the stock market crashed will have no problem seeing the value of this book.I first read the original Rich Dad, Poor Dad around 2006. Although I had read many other books on business and investing, that book changed my whole mindset. Since then, I've looked at the whole world differently. While I still read many books on the subjects, I've found the Rich Dad collection to be very education and easy to understand. I've recommended these books to dozens of people over the last few years. I feel that a Rich Dad book is one of the best investments you can make for under $20.

Very convenient.