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Endorphin

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Very good book! Worth spending the Time!
 

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Endorphin

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Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. The book is about the different approaches to money, investing, and life between Kiyosaki's biological father (poor dad) and the father of his best friend (rich dad).
The book is divided into 10 chapters, each of which covers a key financial concept. Some of the key ideas in the book include:
  • The rich don't work for money; they make their money work for them.
  • Financial education is the most important asset you can acquire.
  • Know the difference between assets and liabilities.
  • Don't be controlled by emotions, especially fear and greed.
  • Work to acquire life skills, not for money.
  • Failure inspires winners and defeats losers.
  • Learn to manage risk.
  • Mind your own business.
The book has been a huge success, selling over 32 million copies worldwide. It has been translated into 51 languages and has been adapted into a comic book, an educational board game, and a video game.
Rich Dad Poor Dad has been praised for its simple and straightforward approach to financial education. However, it has also been criticized for its simplistic view of wealth and for promoting get-rich-quick schemes.
Overall, Rich Dad Poor Dad is a popular book that has helped to educate many people about the importance of financial literacy. However, it is important to remember that the book is not a financial advisor and should not be used as a substitute for professional advice.
Here are some of the key lessons from Rich Dad Poor Dad:
  • The rich don't work for money. They make their money work for them by investing in assets that generate passive income.
  • Financial education is the most important asset you can acquire. The more you know about money, the better equipped you will be to make sound financial decisions.
  • Know the difference between assets and liabilities. An asset is something that puts money in your pocket, while a liability is something that takes money out of your pocket.
  • Don't be controlled by emotions, especially fear and greed. When making financial decisions, it's important to stay calm and rational.
  • Work to acquire life skills, not for money. The most valuable skills you can learn are those that will help you create a successful business or career.
  • Failure inspires winners and defeats losers. Don't be afraid to fail. Failure is a learning opportunity that can help you succeed in the long run.
  • Learn to manage risk. There is no such thing as a risk-free investment. However, you can reduce your risk by diversifying your investments and understanding the risks involved.
  • Mind your own business. Don't worry about what other people are doing with their money. Focus on your own financial goals and make sure you are taking the steps necessary to achieve them.
.WORTH READING AND SPENDING YOUR TIME
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Polemistis

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Read Man's search for meaning by viktor frankl who was a prisoner in nazi concentration camp during ww2.
 

Polemistis

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நாளை மற்றுமொரு நாளே -ஜி. நாகராஜன். இதை படித்த இரண்டு நாட்கள் மனது கனமாக இருந்தது. கண்டிப்பாக படிக்க வேண்டிய புத்தகம்.
 

Polemistis

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வந்தார்கள் வென்றார்கள் - மதன்.
This book tells the raise and fall of Mughal empire..interesting one
 
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