Re: Intresting Read on Mutual Funds by Kiyosaki
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Kiyosaki's first 2 books are worth reading, RDPD and CFQ. The rest is a regurgiation of material. You don't even need to buy them, just go to the public library.
He thinks a little bit 'outside' of the box as far as investments. A bit on the aggressive side - Investing in IPO's and penny stocks. Focusing your investments into a few w/higher returns rather than spreading out your money that produces medeocre returns...
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I've read the first book, as has been described on this thread, it was full of hot hair and non specific advice, beyond recommendations to commit tax fraud.
The problem with his advice for 99% of people is, they already get worse than mediocre returns. Most people try to actively managed their funds when they don't have the time, ability or even inclination. They'd be much better off in index funds, where they'd get the market returns without being ripped of or making huge mistakes.
Kiyosaki's investment advice is akin to trying to kill lice with a blow torch... Dangerous and painful...
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