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Home > Business & Economics > Finance & Accounting > 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!
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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!
This is a "Gloom and Boom" book.First the bad news: Between the years of 2007 and 2012-just a few years from now-the vast majority of Baby Boomers will be on the verge of retirement-and they'll be looking to cash in on their hefty retirement plans. Quite frankly, the country is not prepared to handle this major drain of cash reserves, and there's every chance that peoples' lifelong savings will dramatically lose their value. And now, the good news: Sensing this financial crisis in the offing, Kiyosaki and Lechter provide a detailed financial plan to help forward-thinking people prepare for the worst-and they urge that one's planning start NOW. They go over a variety of alternative ways of generating wealth through other forms of investments, including real estate development, self-employment, and investing in other companies. Warns Kiyosaki: "I think we've all learned from this past year that mutual funds are NOT the answer to accumulating long-term wealth."
Title of ebook: 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!
ISBN: 9780759527294
parent-ISBN: 9780446530866
Publisher: Business Plus
Published: 10-2002
Released online for download: 10-09-2002
Joint Author: Kiyosaki, Robert T.
Joint Author: Lechter, Sharon L.

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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!

Chapter One

A Change in the Law. . .A Change in the Future

Both my rich dad and my poor dad were very concerned about the overall well-being of their employees. My real dad, as the superintendent of education for the State of Hawaii, had tens of thousands of workers who counted on him to take care of them. My real dad, the man I call my poor dad, was so very concerned about his teachers that when he was no longer the superintendent of education he became the leader of HSTA, which stands for the Hawaii State Teachers Association, a teachers union, again negotiating for the well-being of his teachers.

My rich dad was also very concerned about his employees, and in many ways, he was much more concerned about his employees than my dad. The reason he was more concerned was because my poor dad's employees had the financial support of the government and the local and national teachers unions. My rich dad's employees did not ... read full excerpt from: 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! ebook



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