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Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History is Still Coming...and How You Can Prepare Yourself and Profit From It!


  


 : Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History is Still Coming...and How You Can Prepare Yourself and Profit From It!

List Price: $24.98
Amazon.com's Price: $16.49
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Binding: Audio CD
Dewey Decimal Number: 332.024
EAN: 9781586214364
Edition: Abridged
Format: Abridged, Audiobook
ISBN: 1586214365
Label: Hachette Audio
Manufacturer: Hachette Audio
Number Of Items: 3
Number Of Pages: 304
Publication Date: 2002-10
Publisher: Hachette Audio
Studio: Hachette Audio




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Editorial Review:

Product Description:
Kiyosaki warns today's employees that relying on 401k plans is a sure recipe for disaster when it comes to retirement. By the year 2012-ten years from now-the vast majority of today's Baby Boomers will be on the verge of retirement-and they'll be looking to cash in on their hefty 401k retirement plans. The problem is, according to Robert Kiyosaki, all of these individuals who have so religiously pumped thousands of dollars over the working years into their 401k's are going to be crushed when their mutual funds just haven't performed. To help avert this personal financial crisis, Kiyosaki and Lechter provide a detailed financial plan to help forward-thinking people prepare for the worst-and they insist that you ought to start planning now. After all, 2012 is only ten years away...and the clock is ticking now.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 4 out of 5 stars - You ignore this at your own peril
In 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: 3 out of 5 stars - Interesting view point, a little flawed
The 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: 4 out of 5 stars - 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: 4 out of 5 stars - A little light on advice
Kiyosaki 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: 1 out of 5 stars - 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.




 



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