In Conquer the Crash, Robert Prechter explains why he thinks the boom times are behind us. Based on his interpretation of the Elliott Wave Principle (an idea premised on the notion that mass investor psychology is what really drives markets), Prechter argues that the economy is about to enter into a deflationary depression that few investors are prepared to deal with. In making his case, he assembles an impressive array of data that in essence suggests that the bill for the last 10 years of market excess is about to come due. The second half of the book shows how to avoid becoming "a zombie-eyed victim of the depression" and offers advice on protecting one's assets in a deflationary environment (cash is king). If there's any good news in the future that Prechter sees coming (other than how to avoid it), it's that all-out depressions don't last very long. Conquer the Crash should appeal to all investors, particularly those desperately looking for a safe haven from the uncertainties of today's markets. --Harry C Edwards

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

Another Great Book From The Author Of 'Rich Dad, Poor Dad', 31 Jul 2008
This was the second of this author's books that I've read, the first being 'Rich Dad, Poor Dad'. Once again Robert Kyosaki delivered and lived up to his reputation of being an easy-to-read writer and an author with much positive information to share. He's had tremendous success with his book series and deservedly so.

The ability to make money is pertinent to us all. Some of us want loads of it, others are happy to make a comfortable living at something they enjoy doing. Although no book is magically going to make everything happen for you and bring all the pieces into place without effort on the reader's part, this book certainly breaks down the business process and helps one clearly define what type of business (and therefore lifestyle) one desires.

If you enjoyed Robert Kyosaki's other books, then you will equally love this one.

How To Keep Your Man: And Keep Him For Good

Real Life Dramas - Volume One: 1

Darren G. Burton

If You Liked Rich Dad, Poor Dad, You Must Read This One!, 21 May 2004
Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them.

One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided.

The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments.

Another of the strengths of the book is to make it clearer what the advantages of income property are. In these home-purchasing crazed days, many are looking only to buy homes and missing good commercial property opportunities.

There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition.

The book has a nice conversational tone that turns personal economics into common sense examples and principles.

The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Repetitive and simple . . . but that's what makes it good., 24 Oct 2001
Like the book before it and the ones following, this book is written in a very simple and repetitive fashion. Often the same quotes and statements are reused just pages apart. However, I believe that's exactly what makes it good, for the simple reason that getting rich is not simple, is a long process, and with no sensible short cuts. It requires a solid foundation based on the right sort of intelligence - and that's what this series of books drums into the reader. Furthermore, the fact that there is simply so much to read (if you read the series), gives you the opportunity to digest all the lessons before leaping into action with too much hast.

Outstanding, 01 Jun 2001
I have the book & the tape set. The tape is constantly on in my car, I have probably heard it over 20 times & i still pick up some thing new each time I listen. A MUST HAVE for anyone wanting to be financialy free.

If you want more money, read this book, 28 Feb 2001
A fine book that changes the way you think about money. The text can get a little repetetive at times, but don't let that put you off. There's a lot more meat in this book than in his previous offerring, 'Rich Dad, Poor Dad'.

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

Another Great Book From The Author Of 'Rich Dad, Poor Dad', 31 Jul 2008
This was the second of this author's books that I've read, the first being 'Rich Dad, Poor Dad'. Once again Robert Kyosaki delivered and lived up to his reputation of being an easy-to-read writer and an author with much positive information to share. He's had tremendous success with his book series and deservedly so.

The ability to make money is pertinent to us all. Some of us want loads of it, others are happy to make a comfortable living at something they enjoy doing. Although no book is magically going to make everything happen for you and bring all the pieces into place without effort on the reader's part, this book certainly breaks down the business process and helps one clearly define what type of business (and therefore lifestyle) one desires.

If you enjoyed Robert Kyosaki's other books, then you will equally love this one.

How To Keep Your Man: And Keep Him For Good

Real Life Dramas - Volume One: 1

Darren G. Burton

If You Liked Rich Dad, Poor Dad, You Must Read This One!, 21 May 2004
Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them.

One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided.

The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments.

Another of the strengths of the book is to make it clearer what the advantages of income property are. In these home-purchasing crazed days, many are looking only to buy homes and missing good commercial property opportunities.

There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition.

The book has a nice conversational tone that turns personal economics into common sense examples and principles.

The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Repetitive and simple . . . but that's what makes it good., 24 Oct 2001
Like the book before it and the ones following, this book is written in a very simple and repetitive fashion. Often the same quotes and statements are reused just pages apart. However, I believe that's exactly what makes it good, for the simple reason that getting rich is not simple, is a long process, and with no sensible short cuts. It requires a solid foundation based on the right sort of intelligence - and that's what this series of books drums into the reader. Furthermore, the fact that there is simply so much to read (if you read the series), gives you the opportunity to digest all the lessons before leaping into action with too much hast.

Outstanding, 01 Jun 2001
I have the book & the tape set. The tape is constantly on in my car, I have probably heard it over 20 times & i still pick up some thing new each time I listen. A MUST HAVE for anyone wanting to be financialy free.

If you want more money, read this book, 28 Feb 2001
A fine book that changes the way you think about money. The text can get a little repetetive at times, but don't let that put you off. There's a lot more meat in this book than in his previous offerring, 'Rich Dad, Poor Dad'.

simple and very logical, 08 Jan 2002
I have read all of this authors books to date and have found this particular book the most enjoyable. It is put into language that is practical but at the same time logical. My son has just started to read it and is only 10 years of age. At his tender age he already is asking probing questions about finance. Fantastic!

another classic, 05 Jan 2001
Robert Kiyosaki has done it again. Another first class book. If you liked his other books you should like this one to.

I particulary I have leanred more about Intelligence in one day than all my years at school taught me- very sad!

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

Another Great Book From The Author Of 'Rich Dad, Poor Dad', 31 Jul 2008
This was the second of this author's books that I've read, the first being 'Rich Dad, Poor Dad'. Once again Robert Kyosaki delivered and lived up to his reputation of being an easy-to-read writer and an author with much positive information to share. He's had tremendous success with his book series and deservedly so.

The ability to make money is pertinent to us all. Some of us want loads of it, others are happy to make a comfortable living at something they enjoy doing. Although no book is magically going to make everything happen for you and bring all the pieces into place without effort on the reader's part, this book certainly breaks down the business process and helps one clearly define what type of business (and therefore lifestyle) one desires.

If you enjoyed Robert Kyosaki's other books, then you will equally love this one.

How To Keep Your Man: And Keep Him For Good

Real Life Dramas - Volume One: 1

Darren G. Burton

If You Liked Rich Dad, Poor Dad, You Must Read This One!, 21 May 2004
Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them.

One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided.

The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments.

Another of the strengths of the book is to make it clearer what the advantages of income property are. In these home-purchasing crazed days, many are looking only to buy homes and missing good commercial property opportunities.

There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition.

The book has a nice conversational tone that turns personal economics into common sense examples and principles.

The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Repetitive and simple . . . but that's what makes it good., 24 Oct 2001
Like the book before it and the ones following, this book is written in a very simple and repetitive fashion. Often the same quotes and statements are reused just pages apart. However, I believe that's exactly what makes it good, for the simple reason that getting rich is not simple, is a long process, and with no sensible short cuts. It requires a solid foundation based on the right sort of intelligence - and that's what this series of books drums into the reader. Furthermore, the fact that there is simply so much to read (if you read the series), gives you the opportunity to digest all the lessons before leaping into action with too much hast.

Outstanding, 01 Jun 2001
I have the book & the tape set. The tape is constantly on in my car, I have probably heard it over 20 times & i still pick up some thing new each time I listen. A MUST HAVE for anyone wanting to be financialy free.

If you want more money, read this book, 28 Feb 2001
A fine book that changes the way you think about money. The text can get a little repetetive at times, but don't let that put you off. There's a lot more meat in this book than in his previous offerring, 'Rich Dad, Poor Dad'.

simple and very logical, 08 Jan 2002
I have read all of this authors books to date and have found this particular book the most enjoyable. It is put into language that is practical but at the same time logical. My son has just started to read it and is only 10 years of age. At his tender age he already is asking probing questions about finance. Fantastic!

another classic, 05 Jan 2001
Robert Kiyosaki has done it again. Another first class book. If you liked his other books you should like this one to.

I particulary I have leanred more about Intelligence in one day than all my years at school taught me- very sad!

exactly what is says on the cover, 27 Jan 2007
I've spent 25+ years in serious metaphysical study - from Magick to Meditation, from Reiki to Raw Juicing, from Temples to Thoughtforms and with this book I got a glimpse of it - my brain is reeling. I got angry at his insistance about talking about money all the time but it really is about the all that is - looking forward to other books but have no idea why cos you see none of it really matters - Samadhi - I get it now.

rubbish, 26 Dec 2006
I really thought this book would be a wow moment he seems to believe that
we make are own world and that everyone in it are actors he dismisses all
other forms of metaphysics like the law of attraction and states all you need is appreciation isnt that using a form of attraction? he advocates one minute then dismisses the next so according to his book hes an actor
in my reality thats why i got the book get real fool read a proper book like ask and its given before thinking you know how the world works michael talbot gets mentioned regarding his brilliant book as a referance
point i am actually thinking about writing a book myself it would be better than this clap trap.

Fab Fab Fab, 11 Dec 2006
Fabulous, incredible a solution that really works. Bob explains things so well and is utterly inspiring. I have done a lot of work on myself to do with money and emotions and this is the best strategy I have ever come across. I am definitely moving towards living my live in phase 2. Cannot recommend it enough.

If you are still looking for the magic bullet to financial freedom then look no further, 27 Oct 2006
After buying all the momey books for years this book finally answered all my questions of why although, I have worked hard all my life I have kept hitting my head against the glass ceiling of financial security. The book is well written with lots of how to'es and not just theory. But you do have to read it from front to back. If you'r like me and often turn to the last chapter to save the time in reading your going to miss the important puzzle peices as the authour calls the key elements. I'm now a committed phase 2 player and enjoying the game. Highly recommended

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

Another Great Book From The Author Of 'Rich Dad, Poor Dad', 31 Jul 2008
This was the second of this author's books that I've read, the first being 'Rich Dad, Poor Dad'. Once again Robert Kyosaki delivered and lived up to his reputation of being an easy-to-read writer and an author with much positive information to share. He's had tremendous success with his book series and deservedly so.

The ability to make money is pertinent to us all. Some of us want loads of it, others are happy to make a comfortable living at something they enjoy doing. Although no book is magically going to make everything happen for you and bring all the pieces into place without effort on the reader's part, this book certainly breaks down the business process and helps one clearly define what type of business (and therefore lifestyle) one desires.

If you enjoyed Robert Kyosaki's other books, then you will equally love this one.

How To Keep Your Man: And Keep Him For Good

Real Life Dramas - Volume One: 1

Darren G. Burton

If You Liked Rich Dad, Poor Dad, You Must Read This One!, 21 May 2004
Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them.

One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided.

The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments.

Another of the strengths of the book is to make it clearer what the advantages of income property are. In these home-purchasing crazed days, many are looking only to buy homes and missing good commercial property opportunities.

There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition.

The book has a nice conversational tone that turns personal economics into common sense examples and principles.

The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Repetitive and simple . . . but that's what makes it good., 24 Oct 2001
Like the book before it and the ones following, this book is written in a very simple and repetitive fashion. Often the same quotes and statements are reused just pages apart. However, I believe that's exactly what makes it good, for the simple reason that getting rich is not simple, is a long process, and with no sensible short cuts. It requires a solid foundation based on the right sort of intelligence - and that's what this series of books drums into the reader. Furthermore, the fact that there is simply so much to read (if you read the series), gives you the opportunity to digest all the lessons before leaping into action with too much hast.

Outstanding, 01 Jun 2001
I have the book & the tape set. The tape is constantly on in my car, I have probably heard it over 20 times & i still pick up some thing new each time I listen. A MUST HAVE for anyone wanting to be financialy free.

If you want more money, read this book, 28 Feb 2001
A fine book that changes the way you think about money. The text can get a little repetetive at times, but don't let that put you off. There's a lot more meat in this book than in his previous offerring, 'Rich Dad, Poor Dad'.

simple and very logical, 08 Jan 2002
I have read all of this authors books to date and have found this particular book the most enjoyable. It is put into language that is practical but at the same time logical. My son has just started to read it and is only 10 years of age. At his tender age he already is asking probing questions about finance. Fantastic!

another classic, 05 Jan 2001
Robert Kiyosaki has done it again. Another first class book. If you liked his other books you should like this one to.

I particulary I have leanred more about Intelligence in one day than all my years at school taught me- very sad!

exactly what is says on the cover, 27 Jan 2007
I've spent 25+ years in serious metaphysical study - from Magick to Meditation, from Reiki to Raw Juicing, from Temples to Thoughtforms and with this book I got a glimpse of it - my brain is reeling. I got angry at his insistance about talking about money all the time but it really is about the all that is - looking forward to other books but have no idea why cos you see none of it really matters - Samadhi - I get it now.

rubbish, 26 Dec 2006
I really thought this book would be a wow moment he seems to believe that
we make are own world and that everyone in it are actors he dismisses all
other forms of metaphysics like the law of attraction and states all you need is appreciation isnt that using a form of attraction? he advocates one minute then dismisses the next so according to his book hes an actor
in my reality thats why i got the book get real fool read a proper book like ask and its given before thinking you know how the world works michael talbot gets mentioned regarding his brilliant book as a referance
point i am actually thinking about writing a book myself it would be better than this clap trap.

Fab Fab Fab, 11 Dec 2006
Fabulous, incredible a solution that really works. Bob explains things so well and is utterly inspiring. I have done a lot of work on myself to do with money and emotions and this is the best strategy I have ever come across. I am definitely moving towards living my live in phase 2. Cannot recommend it enough.

If you are still looking for the magic bullet to financial freedom then look no further, 27 Oct 2006
After buying all the momey books for years this book finally answered all my questions of why although, I have worked hard all my life I have kept hitting my head against the glass ceiling of financial security. The book is well written with lots of how to'es and not just theory. But you do have to read it from front to back. If you'r like me and often turn to the last chapter to save the time in reading your going to miss the important puzzle peices as the authour calls the key elements. I'm now a committed phase 2 player and enjoying the game. Highly recommended

what we all want, 22 Sep 2006
I must admit, I might be the only greedy peson on the planet, or so it seems. There are just too many people screaming about saving your soul, how you should be spiritually rich. That is tripe! I want to be rich before it's too late and this book does not hide the fact that wealth drives us all, well at least me. Worth buying and skimming for the juicy, wealth creation bits.

USELESS, 11 Dec 2007
THIS BOOK IS COMPLETELY USELESS. ALL THE PEOPLE WHO PRAISE THE BOOK, INSIDE THE FIRST FEW PAGES, TURN OUT TO BE PRECHTER'S PARTNERS. THEY ALL GET RECOMMENDATIONS FOR THEIR BUSINESSES LATER IN THE BOOK !!! EACH TIME SOMEONE BUYS ONE OF HIS BOOKS PRECHTER IS LAUGHING ALL THE WAY TO THE BANK.

We're still waiting, 08 Apr 2006
Prechter must be thanked for bringing Elliott's Wave Principle to the world and educating a generation of Elliott Wave disciples; but there's a world of difference between being a great theoretician and being a source of well-timed financial advice.

Prechter has been doomy with such reliability, and for so long (1987, 1995, 1998, and 2000 to date) that at SOME point he will be entitled to say "see, I told you so", but no matter how intellectually dazzling his commentary is, the markets do not exist to prove Prechter right and the results of following his trading forecasts (i.e. being monster short of Stocks, Treasury Bonds and Gold) have SO FAR been strongly negative. If the average person followed his advice and sold his house and all his stocks, he would not have experienced financial harm, but instead would have been on the side-lines for the biggest up-moves in stocks and real estate in the whole of human history. So we must tread with caution regarding the timing of Prechter's calls. That's not to say they're valueless, but we must be careful nonetheless.

It's my belief, as a follower of my own home-grown variant of the Wave Principle, that there is SOMETHING to it, but that it has to be used carefully. Further, I believe that if you know the Wave Principle, you know people. And thus, if you know people, you know that SOMEONE out there is going to freak out and short everything they can, and lose themselves a fortune.

The point of this review is therefore not to be negative, but to add some RESPONSIBLE advice that should be be included in this otherwise brilliantly researched and eloquent book. The advice is: read the analysis, note the conclusions but REMEMBER THAT THE "GRAND SUPERCYCLE" IS UNPROVEN AND MAYBE DOES NOT EXIST AT ALL. I would also note that much of his analysis is based on the idea of "mean reversion", i.e. that markets for whatever reason always tend back to some form of average metric. Mean reversion, when it occurs, tends to happen by chance, not compulsion, so also bear in mind that just because things are "out of whack", it doesn't mean they're just about to snap back because you read this book. Perhaps the internet really did change things for good - we certainly don't know for sure one way or the other.

Ultimately the successful practice of the Wave Principle relies very much on the judgement of the analyst, despite perhaps giving the appearance that it is an exact science. There is a big difference between being a responsible analyst and producing horrifying nerve-jangling research. Never forget that Prechter is a superb theoretician and sometimes not a bad analyst, but no more - and note that he has said on the public record that he rarely trades.

This book is probably a "must read", but must be referred to wisely. So don't freak out, don't panic, keep this forecast somewhere in your mind and continue to invest wisely and carefully.

I hope that these words might save some people out there a lot of money.

Get Real, 08 Nov 2005
This book could save you from the certain financial and geo-politcal trouble ahead and set you up for a brighter future.

Well written by a man who has done his research and lives by it.

Scary, Meaty, and Easy-to-Read, 05 Aug 2003
This review is one of the most difficult I’ve ever written. This book is packed full of useful information, written in language that you don’t have to be a financial analyst to understand. It is aimed at the ordinary person.

The book explains when and how deflation and depression are likely to occur. The book’s thesis is that we are approaching one of those times. The first half of the book is dedicated to WHY deflation and depression are likely to occur soon, while the second half of the book tells you very specifically what you can do about it.

My difficulty in writing this review stems from not being able to say whether or not I agree with his advice. I bought this book sight unseen, just on the author’s name. In the early 1980’s, I was a stockbroker, and remember Precher’s forecasts being quite unpopular in the investment community, yet uncannily accurate. After reading the book, I feel he has said some REALLY important things here, yet still find myself unable to act on the advice. Reading this book has kept me awake at night, worrying, for six months. The jury’s still out…….you’ll have to read his book and decided for yourselves. Nevertheless, I want to make clear that I DO HIGHLY recommend this book, as it gives you a lot of meat to think about, as he really backs up what he is saying.

Conquer the crash, 22 Jan 2003
A fairly well written book, would be a good starting point to the Elliott Wave principle. I read the Elliott wave priciple book first and found it hard going. This book does not go as heavey into the technical stuff, and is written in a easier style. I read it purely for to educate myself more on Elliott, but I actually found parts of it fascinating.

Simplistically Vague, 05 Oct 2007
I like Martin Webb and enjoyed 'Risking It All' and he obviously knows what he is doing.

I did, however, find this book both vague and quite basic. It is also very much based around the Author's experience in leisure retailing (bars and clubs) so it's not so suitable for business to business advice.

He gave some glimpses into his own experiences (almost in an autobiographical way) but again, it was too much of everything and not enough substance.

A good book for a novice but you'd need more to 'Make Your First Million'.

Fantasic and inspiring, 18 Jul 2007
I am only 16 pages in and I have learnt so much already, this book is so great at explaining business to you. With real life accounts of REAL business failing and succeding, I just can't wait to read more!!!

A great addition to any collection, 08 May 2007
This book was a great read from start to finish, most books of this type tend to be more about providing advice whilst being inspirational, where as the author here has tried to set a tone and focused on acquiring the right attitude, creating a specific mindset for your venture.
Whilst providing much advice and anecdotes along the way the chapters are interlaced with a semi-biographical tale of how the author made his own fortune, with the final chapter providing an "entrepreneurs survival kit" in summary form which is great to go back to and revise in future instances without having to read the whole book again.
The best thing was the way it was written, you could imagine yourself in a pub conversing over a pint with your mentor who you enjoy sharing time with. My only critiscm is it's a bit light on detail and whilst that was expected of this type of book it would have been great to be given more detail about the authors own original business plans, etc. like that of the (Coffee Republic Founders) book "Anyone can do it". All in all a very worthwhile purchase.

Another Great Book From The Author Of 'Rich Dad, Poor Dad', 31 Jul 2008
This was the second of this author's books that I've read, the first being 'Rich Dad, Poor Dad'. Once again Robert Kyosaki delivered and lived up to his reputation of being an easy-to-read writer and an author with much positive information to share. He's had tremendous success with his book series and deservedly so.

The ability to make money is pertinent to us all. Some of us want loads of it, others are happy to make a comfortable living at something they enjoy doing. Although no book is magically going to make everything happen for you and bring all the pieces into place without effort on the reader's part, this book certainly breaks down the business process and helps one clearly define what type of business (and therefore lifestyle) one desires.

If you enjoyed Robert Kyosaki's other books, then you will equally love this one.

How To Keep Your Man: And Keep Him For Good

Real Life Dramas - Volume One: 1

Darren G. Burton

If You Liked Rich Dad, Poor Dad, You Must Read This One!, 21 May 2004
Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them.

One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided.

The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments.

Another of the strengths of the book is to make it clearer what the advantages of income property are. In these home-purchasing crazed days, many are looking only to buy homes and missing good commercial property opportunities.

There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition.

The book has a nice conversational tone that turns personal economics into common sense examples and principles.

The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Repetitive and simple . . . but that's what makes it good., 24 Oct 2001
Like the book before it and the ones following, this book is written in a very simple and repetitive fashion. Often the same quotes and statements are reused just pages apart. However, I believe that's exactly what makes it good, for the simple reason that getting rich is not simple, is a long process, and with no sensible short cuts. It requires a solid foundation based on the right sort of intelligence - and that's what this series of books drums into the reader. Furthermore, the fact that there is simply so much to read (if you read the series), gives you the opportunity to digest all the lessons before leaping into action with too much hast.

Outstanding, 01 Jun 2001
I have the book & the tape set. The tape is constantly on in my car, I have probably heard it over 20 times & i still pick up some thing new each time I listen. A MUST HAVE for anyone wanting to be financialy free.

If you want more money, read this book, 28 Feb 2001
A fine book that changes the way you think about money. The text can get a little repetetive at times, but don't let that put you off. There's a lot more meat in this book than in his previous offerring, 'Rich Dad, Poor Dad'.

simple and very logical, 08 Jan 2002
I have read all of this authors books to date and have found this particular book the most enjoyable. It is put into language that is practical but at the same time logical. My son has just started to read it and is only 10 years of age. At his tender age he already is asking probing questions about finance. Fantastic!

another classic, 05 Jan 2001
Robert Kiyosaki has done it again. Another first class book. If you liked his other books you should like this one to.

I particulary I have leanred more about Intelligence in one day than all my years at school taught me- very sad!

exactly what is says on the cover, 27 Jan 2007
I've spent 25+ years in serious metaphysical study - from Magick to Meditation, from Reiki to Raw Juicing, from Temples to Thoughtforms and with this book I got a glimpse of it - my brain is reeling. I got angry at his insistance about talking about money all the time but it really is about the all that is - looking forward to other books but have no idea why cos you see none of it really matters - Samadhi - I get it now.

rubbish, 26 Dec 2006
I really thought this book would be a wow moment he seems to believe that
we make are own world and that everyone in it are actors he dismisses all
other forms of metaphysics like the law of attraction and states all you need is appreciation isnt that using a form of attraction? he advocates one minute then dismisses the next so according to his book hes an actor
in my reality thats why i got the book get real fool read a proper book like ask and its given before thinking you know how the world works michael talbot gets mentioned regarding his brilliant book as a referance
point i am actually thinking about writing a book myself it would be better than this clap trap.

Fab Fab Fab, 11 Dec 2006
Fabulous, incredible a solution that really works. Bob explains things so well and is utterly inspiring. I have done a lot of work on myself to do with money and emotions and this is the best strategy I have ever come across. I am definitely moving towards living my live in phase 2. Cannot recommend it enough.

If you are still looking for the magic bullet to financial freedom then look no further, 27 Oct 2006
After buying all the momey books for years this book finally answered all my questions of why although, I have worked hard all my life I have kept hitting my head against the glass ceiling of financial security. The book is well written with lots of how to'es and not just theory. But you do have to read it from front to back. If you'r like me and often turn to the last chapter to save the time in reading your going to miss the important puzzle peices as the authour calls the key elements. I'm now a committed phase 2 player and enjoying the game. Highly recommended

what we all want, 22 Sep 2006
I must admit, I might be the only greedy peson on the planet, or so it seems. There are just too many people screaming about saving your soul, how you should be spiritually rich. That is tripe! I want to be rich before it's too late and this book does not hide the fact that wealth drives us all, well at least me. Worth buying and skimming for the juicy, wealth creation bits.

what we all want, 22 Sep 2006
I must admit, I might be the only greedy peson on the planet, or so it seems. There are just too many people screaming about saving your soul, how you should be spiritually rich. That is tripe! I want to be rich before it's too late and this book does not hide the fact that wealth drives us all, well at least me. Worth buying and skimming for the juicy, wealth creation bits.