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Rich Dad's Guide to Investing: What the Rich Invest in That the Poor and Middle Class Do Not! [Secure eReader (recommended)/Microsoft Reader/Adobe Reader 7]
eBook by Robert T. Kiyosaki & Sharon L. Lechter
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eBook Category: Personal Finance/General Nonfiction
eBook Description:  Rich Dad's Guide to Investing follows the New York Times bestsellers Rich Dad, Poor Dad and Rich Dad's Cashflow Quadrant. Most of us know that the best investments never make it to market. This book discusses what the rich invest in that the poor and middle class do not. What follows is an insider's look into the world of investing, how the rich find the best investments, and how you can too. Robert Kiyosaki and Sharon Lechter show: Rich Dad's basic rules of investing; How to reduce your investment risk; Rich Dad's 10 Investor Controls; How to convert your earned income into passive and portfolio income; How you can be the ultimate investor!
eBook Publisher: Hachette Book Group/Warner Books, Published: 2001
Fictionwise Release Date: June 2002
This eBook is part of the following series:
Available eBook Formats [Secure eReader (recommended)/Microsoft Reader/Adobe Reader 7 - What's this?]: SECURE MICROSOFT READER FORMAT (2.0 MB] - Requires Microsoft Reader 2.1.1 for PCs, or Microsoft Reader 2.2.2 on Pocket PC 2002 handheld devices. Some older Pocket PCs can be upgraded. Learn More., SECURE EREADER (RECOMMENDED) FORMAT (923 KB], SECURE ADOBE READER 7 FORMAT (1.7 MB]
Secure Adobe Reader 7: Printing DISABLED, Read-aloud DISABLED
Other formats: Printing DISABLED, Read-aloud DISABLED
Microsoft Reader ISBN: 0759581398
Adobe Acrobat Reader ISBN: 0759561346
eReader (recommended) ISBN: 075954137X
 
The 90/10 Rule of Money Most of us have heard of the 80/20 rule. In other words, 80% of our success comes from 20% of our efforts. Originated by the Italian economist Vilfredo Pareto in 1897 it is also known as the Principle of Least Effort. Rich dad agreed with the 80/20 rule for overall success in all areas but money. When it came to money, he believed in the 90/10 rule. Rich dad noticed that 10% of the people had 90% of the money. He pointed out that in the world of movies, 10% of the actors made 90% of the money. He also noticed that 10% of the athletes made 90% of the money as did 10% of the musicians. The same 90/10 rule applies to the world of investing, which is why his advice to investors was "Don't be average." An article in The Wall Street Journal recently validated his opinion. It stated that 90% of all corporate shares of stock in America are owned by just 10% of the people. This book explains how some of the investors in the 10% have gained 90% of the wealth and how you might be able to do the same. Copyright © 2000 by Robert T. Kiyosaki
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