Rich Dad's Advisors: Guide to Investing In Gold and Silver: Everything You Need to Know to Profit from Precious Metals Now (Rich Dad's Advisors)
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| Rich Dad's Advisors: Guide to Investing In Gold and Silver: Everything You Need to Know to Profit from Precious Metals Now (Rich Dad's Advisors) | |||||||||||||||||||||||||||||
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| 11-18-08 | 5 | (NA) |
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I have read several of the "Rich Dad Poor Dad" books, and have been enlighten with the information that was provided, and it has helped me personally deal with my financial issues. Plus, seeing my future is very different after reading these books.
(Review Data Last Updated: 2008-11-30 03:00:56 EST)
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| 11-09-08 | 4 | 2\2 |
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This book caught my eye prior to boarding a plane. I suppose it was launched at a time when gold and silver were making record highs and these precious metals seemed extremely attractive to the everyday investor.
I found the initial history lesson interesting but a little drawn out. I have read most of Kiyosaki and his advisor books and after a while they all seem to sound the same. This one was more interesting but Maloney obviously felt obliged to laud Kiyosaki's other books as totally amazing and the best books he has read. I find this difficult to believe. He is a learned gent and has read many quality books on The Fed etc. so I found this a bit irritating. I read this book after the financial crisis had already unfolded but Maloney predicted it (or something similar) with eery truth around pg. 112. In a nutshell the book says that the only true currency is gold and silver and the cash (the dollar) is just a fiat currency, in the more can be printed. In times of distress people flock to precious metals and these prices go crazy. That hasn't quite happened during this crisis so it's not that simple. I flew through this book and it is easy reading but I finished it feeling less convinced than many other readers here. The great website reference at the back pushes it up to four stars though. (Review Data Last Updated: 2008-11-18 03:46:08 EST)
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| 11-07-08 | 5 | (NA) |
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Mike Maloney's book is an easy read & proves his point about investing in silver & gold. An essential read for improving your Financial literacy in the 21st century.
(Review Data Last Updated: 2008-11-10 00:23:40 EST)
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| 10-11-08 | 4 | 3\10 |
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Although I have not yet read the entire book, there's one thing that EVERYONE is missing.
All the gold bugs can rush and buy, but the problem is, if there's an economic meltdown, gold and silver will be illegal! This allows the government and feds to "buy" low, and sell high. In the great depression, it was illegal to carry gold and silver. Although there are not yet ANY laws prohibiting gold or silver, it is still not safe! The reason? I have heard that the Patriot Act (or as I call it unpatriotic act), has a section where it makes it LEGAL for federal officials and government to go into your house, take any gold and silver they want, as well as any currency they want, without even doing so much as asking or notifying you. (You may want to google it or read the bill for yourself at congress.gov, or whatever website) So what's the REAL solution? I like the idea of buying diamonds. Not only are they safe from this law (as far as I know), but if you want to HIDE them, it's easy to do so, and they're not easy to detect. As a last resort, you can hide them in your mouth, or under your tounge, and if they ask you to open up your mouth and look under your toungue, you can swallow it... Of course, it won't be a very pretty dimond on the way out! Diamonds can cut through anything, even gold and silver, (or steel bars, if you're really paranoid that martial law is coming, and you want to plan an escape). I still think there is value in gold and silver, and this book is still excellent so far, and will be useful in deciding how to buy gold and silver, and understanding why currency is designed to lose value, except for period in which they contract the money supply and seize assets. Although diversification is not something the rich do, in this case, I think you need to make an exception, unless you can somehow protect that gold&silver from the Patriot act, perhaps through a corperate entity. Or something. (Review Data Last Updated: 2008-11-08 00:37:42 EST)
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| 10-09-08 | 5 | (NA) |
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I found this book to be such an easy and informative read. I feel so much more educated on the money system and how it works. I also appriciate haveing the history side of it too. Thank you for a very helpful book.
(Review Data Last Updated: 2008-10-12 00:36:10 EST)
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| 10-06-08 | 5 | 2\2 |
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This book systematically spells out the history of fiat currency and precious metals/bullion and what governments throughout history have done to devalue money. It also spells out what the public has done as a result and paints a clear picture of what we should do now to protect and build our own wealth.
(Review Data Last Updated: 2008-10-09 01:10:46 EST)
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| 10-02-08 | 5 | 1\1 |
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Michael Maloney gives a very insightful and interesting recount of the history of gold and silver money. He explains how these metals have always won over fiat or paper currencies.
Today, not a currency in the world is backed by gold or silver. Understanding this before the rest of the world catches on - this will be one of the greatest financial discoveries you may make in your lifetime. I have read numerous books on the coming collapse of our Dollar and on the best ways to invest in the precious metals market. This Guide is best in show. It is both fun to read (not doomey and gloomey) and educational (not difficult to understand). Get it, Read it, and Act on it soon as the early birds get the best spot prices ;-) (Review Data Last Updated: 2008-10-07 00:36:08 EST)
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| 10-02-08 | 5 | 1\1 |
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This was a great book. I first listened to the audio book version then read the book with a highlighter. Have been investing in real money now for about a year. What this book did for me is to "steel" my resolve and am currently creating a plan based on information in this book as well as resources sited. Thanks to Mike, Kiyosaki & Ron Paul!
(Review Data Last Updated: 2008-10-07 00:36:08 EST)
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| 09-26-08 | 5 | 1\1 |
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Wait a second. Don't read this book now. First buy all the gold coins or bullion that you can because there isn't any time to waste. Then, read the book and you'll understand why your purchase was so urgent and so wise. As I write this, the spot price for gold is pushing $900 per ounce. I got into gold about $20 ago. Although I already understood a lot of the things this book explains, I had always put the purchase of gold on the back burner because I never really connected all the dots. However, when the current credit crisis happened and the government began talking about a Trillion dollar bailout (of course, it will cost at least 3 times that - it always does), I knew that the unavoidable result would be a devaluation of the dollar. Therefore, in order to preserve the value of my dollars, I transferred them into gold. I THEN read Michael Maloney's book. If I had been able to see the big picture as I now understand it after reading his book, I would have bought gold years ago and been way ahead of the game at this point. However, I don't regret my delayed entry into gold because I now UNDERSTAND that when it comes to the devaluation of our currency and the resulting increase in the price of gold, "we ain't seen nothing yet". So, even if the price of gold is $1,500 or $2,000 per ounce by the time that you read this, buy it anyway because that price is still only the beginning. I am not saying that you are going to profit by owning gold (although you probably will), I am saying this because your dollars MUST continue to decrease in value. If this sounds confusing, don't worry. After you read the book you will completely understand what I am saying. One last thing. This is NOT one of those doomsday books. It is an intelligent, logical presentation of facts which gives YOU the knowledge and tools to come to your own conclusions EVEN when the financial forces that drive the economy change and require a different investment strategy. Once you understand this, you will not need someone else to tell you what to do, you will be able to decide for yourself the best course of action because you will understand what CAUSES things to happen in the economy. It has never been so true that "knowledge is power".
(Review Data Last Updated: 2008-10-03 00:36:04 EST)
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| 09-16-08 | 5 | (NA) |
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For why you should read this book, please read other positive reviews.
I ordered a few American Eagle Silver monster boxes (case of 500) at his website GoldSilver.com, and it turned out to be the most extreme under-promising and over-delivering shopping experience I've ever had. Prior to buying, I was fully aware of the "We can't guarantee the delivery date (it will probably be a while) but we can absolutely guarantee it will be delivered" disclaimer on the site, and had also gotten spoken words of "expect to wait up to (many) months" on the phone from GoldSilver.com reps. Long story short: I received my shipment 16 days after I placed the order. So please read the book, and if (and only if) it make sense to you, try to look for physical silver (or gold), anywhere, to buy. Thanks! (Review Data Last Updated: 2008-09-27 00:42:42 EST)
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