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!
By 2012—10 years from right 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 funds. But according to Robert Kiyosaki, all of these individuals who have so religiously pumped thousands of dollars over their working years into their 401Ks are going to be crushed if their mutual funds just haven't performed as they expected. To help avert this financial crisis, Kiyosaki, along with Sharon Lechter, provides a detailed financial plan to help forward-thinking people prepare for the worst—beginning now. After all 2012 is only ten years away...and the clock is ticking.
The premise of the authors' advice is that the demand for stocks will drop like a rock when the Baby Boomer generation retires and starts liquidating their portfolios to pay for living expenses. The 401 (k) retirement plan Congress passed REQUIRES that participants begin withdrawing funds from such accounts when they reach age 701Ú2, which for a large number of them will occur around the year 2016. The broader message that Kiyosaki teaches better than anyone is that only YOU can prepare for your retirement by anticipating such drastic market forces and staying vigilant about other opportunities for making money. A smoothly written wake-up call based on essential investment insights. T.W. 2003 Audie Award Finalist (c) AudioFile 2003, Portland, Maine
About the Author
Robert Kiyosaki a financier, author and teacher says "that the main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them."
...
