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Title: Garbage!
Review: "Rich Dad's Prophecy" predicts a market crash around 2016 when the oldest Baby Boomers start cashing out their 401(k) plans and stop contributing. Solution: Invest in real estate rental properties instead. (Comment: The market crash came 8 years early, and occured for different reasons. Rental properties have also crashed.)Kiyosaki, however, ignores the difficulty of finding positive cash-flow rental properties (doing so almost forces one to use dangerous ARMs, interest-only loans), evaluating potential purchases for hidden problems (eg. leaky roofs), and cost-effective maintenance of properties. I also don't think much of his characterization of one's home as a liability instead of an asset - it appreciated (until recently). Finally, his book is highly repetitive and becomes boring.Bottom Line: I didn't take Kiyosaki's advice earlier, and am glad I didn't.
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