Robert T. Kiyosaki, Sharon L. Lechter

According to the publication: RICH DAD'S WHO TOOK MY MONEY? (Why Slow Investors Lose and Fast Money Wins) by Robert T. Kiyosaki, 2004.

© 2004, 2012 by Robert T. Kiyosaki. This edition published by arrangement with Rich dad Operation Company, LLC.

© Translation. Edition in Russian. Decor. Potpourri LLC, 2005

This book is for those who want to take control of their financial situation and go beyond the average income of the average investor. This book won't tell you exactly what to do or how to do it, because the paths and methods you choose to get rich are up to you, but we will help you understand why some investors achieve much higher returns than others, and with less risk, less money and much less time.

90% of investors are average investors who continue to save money, invest in mutual funds, 401(k)s, and pension funds. The information presented in this book is intended for those 10% who want to increase their level of financial self-education in order to become professional investors, increase their investment income and accelerate the growth of financial assets.

Robert T. Kiyosaki

Sharon L. Lecter

More than anything else, Americans fear being without money when they retire.

From a review of USA TODAY newspapers

The main reason for financial difficulties is often that people take advice from the wrong people or salesmen.

Rich dad

In December 2002, a local newspaper in Phoenix, Arizona, reviewed my book, Rich Dad's Prophecy, which had recently been published in October of that year. I was surprised that the article was fair and impartial. The fact is that many financial commentators had nothing good to say about this book.

And although it was a fair and logical article, the journalist ended it with one offhand remark that upset me; this was a comment on my statement that I made a 39% return on my last investment. I saw a hidden hint in his remark - either that I had lied or that I had exaggerated my profit.

Well, most of us don't like people who brag or distort facts. Personally, I have nothing against such people. But what hurt me was that I wasn’t bragging or exaggerating. In fact, I did just the opposite—I downplayed my profits. In other words, my profit was not just income on paper - it was measured in cash in my pocket and was significantly higher than 39%.

This comment threw me for a few days. And then I called the author of the article and asked to set up a meeting with me so that I could directly lay out my facts to him. I told the journalist that I did not want to meet so that he would write something more about me or publish a refutation. I simply asked permission to come to his office with an accountant, show my financial documents and explain how this 39% was achieved. He cordially accepted my offer, and we agreed to meet.

After the accountant and I explained everything to the journalist, his only comment was the following:

– Yes, but the average investor cannot do what you do.

“I never said it could,” I replied.

Then he said:

– What you are doing is very risky.

I responded to this statement as follows:

– Millions of investors have lost trillions of dollars over the past few years, most of them in the stocks and mutual funds you recommend. Many people who lose money investing in long-term mutual funds will never be able to retire. Isn't it risky?

“Well, it was due to numerous cases of corporate corruption,” he replied, defending his position.

- This is partly true. But how much do people lose by following the advice of stockbrokers and financial journalists? If investing in long-term mutual funds is considered such a great idea, then why do so many people lose so much money doing it?

“I would still argue that investing for the long term and diversifying your assets by placing them in different mutual fund portfolios is the best tactic for the average investor.

“I agree,” I replied. – Your advice is the best advice for the average investor... but not for me.

Then my accountant Tom joined the conversation:

– By changing the perspective a little and using different assets, the average investor could achieve much higher returns with much less risk. Instead of sitting and watching the market go up and down, listening to financial gurus trying to predict when it will pick up again, an investor using Rich Dad Robert's plan wouldn't have to panic every time. when the market is down, or worry about which sector of the economy will take off next. And this investor will not only receive much greater profits with less capital investment and less risk, but money will begin to flow to him automatically, as if by magic. By the way, I often call this investment strategy “magic money.”

The idea of ​​39% profit - or, as I call it, magic money - turned out to be a bit complicated for such a short meeting, and only with the mention of magic money did the meeting end.

As I already said, the journalist was very friendly. A few weeks later he wrote another article about me, even though I didn't ask him to. And although the article accurately reflected the facts, he did not mention how I achieved such high profits or the magic money.

But what I am most grateful to him for is that he inspired me to write this book... a book that is not intended for the average investor.

After that meeting with the journalist, I took up this book. I decided it was time to explain rich dad's formula for turning a small investment into a huge profit. Thanks to this book, I also had the opportunity to answer some frequently asked questions... questions that I don't like to answer. These are the questions:

1. “I have 10 thousand dollars. Where should I invest it?

3. “Where should I start?”

Why did I avoid answering questions like these? The point is that the correct answer is: “It's up to you. What I would do I, often different from what they would do You».

Also, when explaining to people exactly what I do and how I achieve high returns with less cost and less risk, they often say the following:

1. “It’s impossible to do this here.”

2. “I can’t afford it.”

3. “Isn’t there an easier way?”

Who took my money? Sharon Lecter, Robert Kiyosaki

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Title: Who took my money?
Author: Sharon Lecter,
Year: 2004, 2012
Genre: Foreign business literature, Personal finance, Popular business information, Securities, investments

About the book "Who Took My Money?" Sharon Lecter, Robert Kiyosaki

The book explains how to improve your financial education to become a professional investor, increase your investment income and accelerate the growth of your financial assets.

For a wide range of readers.

On our website about books, you can download the site for free without registration or read online the book “Who Took My Money?” Sharon Lecter, Robert Kiyosaki in epub, fb2, txt, rtf, pdf formats for iPad, iPhone, Android and Kindle. The book will give you a lot of pleasant moments and real pleasure from reading. You can buy the full version from our partner. Also, here you will find the latest news from the literary world, learn the biography of your favorite authors. For beginning writers, there is a separate section with useful tips and tricks, interesting articles, thanks to which you yourself can try your hand at literary crafts.

Quotes from the book "Who Took My Money?" Sharon Lecter, Robert Kiyosaki

This process is called rapid circulation of money. This is one of the reasons why the rich get richer and the average investor risks losing everything.

The wisest decision is to invest in both types of investments. Investing to create cash flow has an impact on your financial situation today, while investing to increase your capital value has a potential benefit tomorrow.

Definition of intelligence level
Rich dad often said, “Here's how people usually judge someone's intelligence: If you agree with me, you're smart; If you don’t agree with me, then it’s obvious that you’re an idiot.”

As a professional investor, I had to act according to the following scheme:
Invest your money in some asset.
Get back the money originally invested.
Keep control of the original asset.
Invest your money in a new asset.
Get your invested money back.
Do it all over again.

One way to find great investments is to analyze the mistakes other investors make." One of the most common mistakes is to buy everything at a time when the market is white-hot. In other words, when the market gets too hot, it's too late to make money. Try to remember these wise words. And although it seems so simple and logical, when everyone is throwing themselves off a cliff into the ocean, it is very difficult not to follow the crowd.

Rich dad's rule was: "Money flows to those who make people's lives easier."

If you want to learn how to become rich, you must first learn to make complex things simple. If you focus on this and learn how to make people's lives easier, you will definitely get rich. And the more people you begin to make life easier, the sooner your fortune will increase.

Either kill or be killed. If you are afraid to die, then we will all die. Focus on your task, not on what you're afraid of. Listen to the winner in yourself - not the defeatist. It's okay to be afraid, but you can't let the defeatist inside you win. Focus on winning, Lieutenant. Do your job. So we can return home.

“Creating or acquiring a business is the most profitable of the three types of assets, but requires the greatest investment of effort. Investing in paper assets is like going on dates; buying real estate is like getting married, and investing in your own business is like having a big family.”

Robert Kiyosaki, Sharon Lecter with the novel Who Took My Money? for downloading in fb2 format.

My rich dad said, “The faster your money moves, the higher your returns and lower your risk.” Financial advisors recommend that you make long-term investments and save your money, in other words, "park" it. But rich dad did not give such advice. On the contrary, he advised increasing the speed of circulation of money.

Between 2000 and 2003, millions of investors lost between $7 and $9 trillion. Why? Because many of them "parked" their money in the bank accounts of their financial advisors' companies. But we all know that markets go up and down. So before the next market crash comes and takes your money away again, figure out how to keep it in circulation instead of "parking it" in a complete stranger's account.

If you don't feel financially secure in your workplace, it's especially important for you to take control of your money. If you're ready to become more than the average investor, this book will help you make your money work harder and faster.

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