9/19/2017

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How to become a successful income investor

Rich Dad's Conspiracy Of The Rich
The 8 New Rules Of Money
by Robert T. Kiyosaki

A Note from Robert Kiyosaki: Why I Wrote This Book for You

In 1971, President Richard Nixon, without the approval of Congress, took the U.S. dollar off the gold standard and changed the rules of money--not just for the United States, but also for the world. This change was one in a series of changes leading to our current financial crisis that began in 2007. In effect, this change allowed the United States to print unlimited amounts of money and create as much debt as it wanted.

Is our current economic crisis just an accident, a one-off event? Some say yes. I say no.

Can those in power solve our current economic crisis? Many hope so, but again I say no. How can the cris be solved when the very people and organizations that created the crisis--and profit from it--are still in charge? The problem is that the crisis is getting bigger, not diminishing as some would hope. In the 1980s, government bailouts were in the millions. By the 1990s they were in the billions. And today, they are in the trillions.

One definition of crisis I like to use is "change screaming to occur." I personally do not think our leaders will change. That means you and I must change instead.

While this book is about a conspiracy, it is not meant to be a witch hunt, to place blame, or to call for resignations. As we all know, the orld is filled with conspiracies, some benign, some more sinister. Every time a sports team goes into the locker room at halftime, that act is technically a conspiracy against the opposing team. Wherever there is self-interest, there is a conspiracy.

The reason this book is titled Rich Dad's Conspiracy of the Rich is because it is about how the rich control the world economy via the banks, governments, and financial markets. As you may know, this has been going on for centuries and will continue to go on as long as humans walk the earth.

In late January, 2009, Robert Kiyosaki launched CONSPIRACY OF THE RICH - a free online book which was written in serial basis to help people understand how the current recession came about, and what they need to learn on how to survive through the coming rough years.

An unprecedented publishing event for Kiyosaki and The Rich Dad Company, CONSPIRACY OF THE RICH is an interactive, "Wiki-style" project in which Kiyosaki has invited feedback, commentary, and questions from readers across the globe.

The response so far has been totally fantastic. Millions and millions of readers have flocked to the website (www.conspiracyoftherich.com) to read what Robert has to say about the recession, and the readers have posted thousands of comments. Some of those reader comments will even be included in the final tradepaper version.

About Author

Robert Kiyosaki is the bestselling author of the RICH DAD POOR DAD--the #1 personal finance book of all time--which has challenged and changed the way tens of millions of people around the world think about money. Rich Dad titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001--2008 alone, and Robert has been featured regularly on shows such as Larry King Live, Oprah, and countless other shows and publications.

With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence, and courage. His point of view that "old" advice--get a good job, save money, get out of debt, invest for the long term, and diversify--is "bad" (both obsolete and flawed) advice challanges the status quo. His assertion that "your house is not an asset" has stirred controversy but has been proven to be accurate for many homeowners with the popping of the real estate bubble.

Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publishers Weekly--The New Your Times, Business Week, The Wall Street Journal, and USA Today--and was named USA Today's #1 Money Book two years in a row. It is the third-longest-running how-to bestseller of all time.

Robert writes a biweekly column, "Why the Rich Are Getting Richer," for Yahoo! Finance and a monthly column titled "Rich Returns" for Entrepreneur magazine.

Robert's most recent book include Rich Brother Rich Sister, a biographical book coauthored with his sister Emi Kiyosaki, and Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money.

 

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