Best book for mystics: “Rich Dad, Poor Dad”

Best Nonfiction Book - Rich Dad Poor Dad

Best nonfiction book: Rich Dad, Poor Dad
Best nonfiction author: Robert T. Kiyosaki

Book summary writer: Mollie Player

Best nonfiction book? Why?

Personal finance is kind of a drag—unless it’s being discussed by someone who thinks you’re smart and capable enough to get ahead of all the timeclock-punching suckers.

Best nonfiction book? What’s in it?

Rich Dad, Poor Dad may not make you rich . . . but if you do what it says, you’ll likely at least have a decent retirement fund.

The basic advice:

  • Look where no one else is looking for business opportunities. Don’t follow the crowd.
  • Buy stocks when they crash rather than when they’re doing well.
  • Know the difference between an asset and a liability. An asset puts money into your income column and a liability takes it out. Everything else, including personal property that can’t be easily sold, is neutral.
  • Pay yourself first. Put money into your investments before even paying your bills. You’ll be forced to use your creativity to get the rest taken care of, too.
  • Don’t fear risk. Fear is what keeps most people from investing in anything high-yield and going with mutual funds, other safe investments instead.
  • Money is not real. It’s all just a game. Have fun with it!
  • If you don’t enjoy a certain type of investing, do something else. You won’t be successful if it doesn’t feel right to you.
  • Hire people who are smarter than you.
  • Most rich people lose it all at some point but they always make it back and more because they know what they’re doing.
  • Learn about money.
  • Create a corporation and wrap it around your assets.

And, my final (and favorite) takeaway: The definition of “wealth” is “the ability to live off the interest from one’s investments.”

For more information on this best nonfiction book, see:

This information still to come.

***

More mystical reading choices:

Top 20 Spiritual Memoirs

Top 150 Meditation Books

Top 20 Near Death Experience Books

Top 100 Channelled Books

Top 1000+ Law of Attraction Books

Top 25 Scientific Spiritual Books

Top 20 Spiritual Self-Help Books

Top 15 Blogs for Mystics

My 40 Favorite Books for Mystics

150 Law of Attraction Success Stories

 

 

Advertisements

what do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s