Now Reading: Rich Dad's Guide To Investing - Robert Kiyosaki

This is the meet-up forum for members of Bestnaija Book Club.

Meet up, discuss books, recommend books, criticize books, share books, and much more.
Comment
User avatar
Jegz
Senior
Location: Naija
 

June 6th, 2017, 9:41 am

I became a fan of the Rich Dad book series after I read Rich Dad Poor Dad by Robert Kiyosaki. As at today, I have read many of his books. I have read Before You Quit Your Job, I have equally read Other People's Money (OPM), and some others.

Today, I have picked up a new one: GUIDE TO INVESTING - A Rich Dad's series. Written by Robert Kiyosaki with Sharon L. Lechter.
Rich Dad's Guide To Investing
Rich Dad's Guide To Investing
The theme says:
What the rich invest in, that the poor and middle class do not!

I have not taken a look at the introduction, but I will share what I pick here occasionally as I unravel the big book. Stay tuned.

Please share...

"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 6th, 2017, 9:51 am

If you are a member of the Book Club, please subscribe. :w':
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 6th, 2017, 3:15 pm

Introductions.
Rich Dad appreciated the Pareto's 80/20 Rule (also known and the Principle of Least Effort). He however stated that rather a 90/10 rule applies in finance and investing, where only 10% of the masses holds 90% of the wealth. This is made more prominent as the richer are getting richer and the poor poorer.

This sounds very realistic and practical to me. This is the reality in my economy here in Nigeria.

Stay tuned.
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
eMade
VIP VIP
Location: Abuja
 

June 6th, 2017, 4:28 pm

Well-done sir. Ride on, boss!
Learn more about ✓ VIP Members: https://www.bestnaija.ng/61848 ✓ Referral: https://www.bestnaija.ng/62508
User avatar
eMade
VIP VIP
Location: Abuja
 

June 6th, 2017, 4:36 pm

Subscribed.
Learn more about ✓ VIP Members: https://www.bestnaija.ng/61848 ✓ Referral: https://www.bestnaija.ng/62508
User avatar
Jegz
Senior
Location: Naija
 

June 6th, 2017, 4:52 pm

"I realized that wealth was a way of thinking and not a dollar amount in the bank... "
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 7th, 2017, 9:21 am

Hmm....
While the average investors live in fear of market crashes, the rich investors look forward to market crashes. :thnk:
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 13th, 2017, 7:38 am

As much as lack of money could be a problem, so also is too much of it could pose danger if the owner lacks the skills and knowledge of how to manage it. :mrgreen:
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 13th, 2017, 7:45 am

"I remembered that lesson of not becoming addicted to a paycheck."

Hmm. So, as employees, we can become addicted to paycheck? Our lives become programmed to monthly salary.

Very thoughtful.
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
User avatar
Jegz
Senior
Location: Naija
 

June 29th, 2017, 7:49 am

Today in chapters 3 end 4, I learned that the power of choice will determine how far you go. You are the product of your choices and decisions. If you choose to be a slave to salary for your entire life, so be it.

Like I told a colleague who was complaining of her job stress, blaimung and cursing her boss.

I asked her: if tomorrow you wake up and decide not to come to work anymore, would the employers come to arrest you?

She said No.

Then she got my point: IT'S YOUR CHOICE!

In chapter 4, I learned early on that in this life, there really 2 major types of money problems:

1. Not enough of it
2. Excess of it

The choice is still yours. And if your find yourself inbetween, it's still your choice.

Determined I am more than ever now to make a choice I would never regret, on time too!

To continue as a corporate slave? Or to work towards my liberty? The choice is mine to make. Not my employers.

Stay tuned.
"Many of us are not living our dreams simply because we are busy living our fears" - Les Brown
Comment
  • See also...
    Comments
    Views
    Last post
  • Information
  • Online

    Users browsing this section: No members and 1 guest