Showing posts from 2009

Review of Rich Dad Poor Dad by Robert Kiyosaki, If You are not Rich, Find out Why and Learn the Secrets to Wealth

Rich Dad, Poor Dad by Robert Kiyosaki, is one of the best books I have ever read in my life. It was a New York Times best seller and the most famous book by the author. The first time I read it was in May 2008, I read it again this year and even decided to write a review to remind me of the golden rules of the rich.

I started to read the Rich Dad series in 2007 with Rich Dad's Cash Flow Quadrant, since then I have bought 14 books from the Rich Dad's series and his advisor's books. Personally I do not like to read the same book twice, but Rich Dad books are exceptional, I have read many of them twice, and every time I read it I always pick up something new or spot something I did not realise at first reading or have already forgotten. I am a big fan of Rich Dad and I rated this book five stars at Amazon.

Rich Dad, Poor Dad book is very inspirational and one of the best mindset books you can ever read; he combined stories and also used simple English to make it easy to und…

Review of Rich Dad's Guide to Investing by Robert Kiyosaki, Learn his Ways to Invest, Build Assets to Create Wealth

Robert Kiyosaki is one of the most influential people in financial education in the world, he educates people to become multi-millionaires and to be rich.

Money working for money is the philosophy of the rich and wealthy and that's how all the greatest wealth has been created. Rich Dad's Guide to Investing is another excellent book regarding this subject and I rated this book five stars at Amazon.

If you have read Rich Dad books you are aware of his famous four cash flow quadrants; Left Quadrant: E: Employees and S: Self Employed; Right Quadrant: B: Business Owners and I: Investors.

Robert Kiyosaki says that the right quadrant is the area of wealth where all the wealthiest people are operating from. In order to become truly wealthy it is necessary to create assets, (own businesses) build a system as a business owner and acquire assets ( as investor) with your business.

He says that most investors never get very rich as they invest individually rather than investing as a busine…

Review of Richest Man in Babylon, Learn the Secrets of Rich and the Laws of Wealth Building Part One of Three

This is one of the best money books I have ever read, and a golden book that you must read if you want to become rich. I am very surprised and amazed the legendary city of Babylon had such a wise man who had extremely valuable ideas about wealth creation, money making ideas, property investment and other investment ideas in such an ancient time.

The richest man in Babylon city was called Arkad, he was famed for his great wealth, liberality and generosity. One day, his poor friends who had the same masters and played together when they were young came to his house and asked him the SECRET of becoming rich.
His poor friends could not understand why they all worked hard, but Arkand turned out to be the richest man in Babylon enjoying many luxuries, while they were barely able to make ends meet. Arkad replied that they had failed to learn the laws that govern the building of wealth or else they did not observe them. Arkad agreed to tell them the secret of wealth and started with the fo…

Review of Richest Man in Babylon, Learn the Secrets of Rich and the Laws of Wealth Building Part Two of Three

After the rich money lender became Arkad's mentor, he worked hard, resisted the temptation of spending and paid himself 10% of all his earnings. Then he gave his saved money to a bricker to buy jewelry from overseas so he could sell these for higher price in Babylon. A year later, when the rich money lender came to the shop he inquired about Arkad's progress. Arkad told him the story, but his mentor said to him his savings would be gone.

Arkad was told that he should not trust the knowledge of a brick maker about jewels, but instead should have gone to a jewelry merchant. You must invest your money with someone who is competent and experienced in their field in order to make your money multiply. It happened exactly as the rich money lender said, the brick maker was sold colored glass instead of jewels and Arkad lost all his savings. However he did not give up, as his mentor had taught, he planted another wealth seed.

When the rich money lender returned a year later, Arkad w…

Review of Richest Man in Babylon, Learn the Secrets of Rich and the Laws of Wealth Building Part Three of Three

The Five Laws of Gold
1.Gold comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.

2.Gold labours diligently and contentedly for the wise owner who finds profitable employment for it, multiplying as the flocks of the field.

3.Gold clings to the protection of the cautious owner who invests it under the advice of men wise in its handling.

4.Gold slips away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.

5.Gold flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemes or who trusts it to his own inexperience and romantic desire in investment.

After reading this book, it reminded me of Rich Dad, Robert Kiyosaki, I have read most of the Rich Dad book series and realised he followed and mastered the laws of handling wealth. In o…

Top Gardening Tips2, Learn How to Do Flower, Lawn & Plant Gardening to Maintain A Blossoming Garden

Continued from part one
2. Feed Plant Food : give plant food once in every one or two weeks from spring to summer,; this is very important. Flowers are like humans, they need nutrition to grow and produce buds during the flowering season. If you do this they tend to flower longer, bigger with more flowers and that helps keep your garden more colourful. I use Miracle-Gro LiquaFeed All Purpose Plant Food from B&Q and the results are very good. Please make sure that you feed different plant the right food, for example - acid lovers such as Hydrangea.

3. Spray: If the leaves become yellow and full of holes, you need to buy some spray to kill the bugs and other insects. Yellow bugs loves lilies and they love to make lots of holes on your lily's leaves.

4.I use various treatments to kill slugs, snails and ants: Sprinkle some slug pellets or ant-killing tablets or power around your plant to keep them away from your flowers and plants. Slugs especially like Dahlia type plants and ants…

Top Gardening Tips1, Learn How to Grow & Maintain A Beautiful, Healthy & Long Lasting Rose Garden

When I was born I was an ugly duckling, my mother wished for me to grow up and become a beautiful swan and therefore gave me a name called Yanhua. I have both Chinese and Korean connections and in both languages this name means beautiful flower. When I first came to Ireland and the UK, lots of people were curious to know the meaning of my name. This name is difficult to pronounce and remember for most westerners, so they call me by my English name - Shannon.

I may have grown up to be a beautiful swan (Sorry, for not being modest!) compared to an ugly duck, however, maybe because of my name, Yanhua, I have fallen in love with flowers and I feel that I have a special connection with flowers. Whether they are indoor plants in my house or in the front and back gardens, they tend to do very well. Of course the main reason is that I pay special attention and care to them and I feel they can feel it too. As a reward, my flowers tend to blossom longer, are bigger with more flowers and are h…

A Fun Day at the Blackwater Country Show in Essex

It was on Sunday, 14 June 2009, the Blackwater Country Show in Essex was held not too far away from where I live. It was a warm, sunny early summer's day; my husband and I were eager to go out to get some fresh air. So it was the perfect event for us to enjoy the weekend.

When we drove there, there were already thousands of people enjoying the show. The fair is an annual charitable event to raise money to support Essex Air Ambulance and therefore the cost of the tickets and a percentage of anything bought within the event is then contributed to our local Air Ambulance service.

There were 26 events and shows as well as many stands of local people who were selling home made stuff. There is a big lake within the venue and people were enjoying some sailing and taking steam boat trips . There was a stall selling roast hog in a bun, sheepdog display, Newfoundland dog demo, Olde English Battle re-enactment, Falconry Demonstrations, Clydesdales horses and much more. The sheepdogs were…

Rich Dad – Robert Kiyosaki, My Ultimate Wealth Creation Mentor Part Three of Three

Then how about the stock market? The stock market has slumped and millions have lost more than half of their pensions last year!

Did you know that we can make money when stocks go up as well as down, you may have heard of Hedge Fund companies. George Soros, the billionaire investor and author made more than $1billion in 2008, (the year of the worst recession since the great depression in 1930s) while other prestigious companies went bankrupt? Some people may have heard of black Monday on October 1987, the day of the stock market crash, but it was one of the best days for some professional traders like James B. Rogers, who made millions on a single day.

How about businesses? Microsoft was started during a recession and has become one of the most successful companies to date. Facebook was valued at $10billion in 2009 compared to $3.8 billion in 2008, an increase in value of 263%, compare this to the industrial giants, two of the “Big Three”- Chrysler and General Motors recently file…

Rich Dad – Robert Kiyosaki, My Ultimate Wealth Creation Mentor Part Two of Three

Brian Tracy, one of world's most inspirational speaker and author once said that every one of us should write down a goal to become a millionaire and he claims it has become even easier due to the internet and technology development. He also said that if you want to become a lawyer you study law, if you want to become an accountant you study accounting and if you want to become a millionaire you should study money and rich people. So why not study rich and successful people, who have already been there?

Personally, I believe Robert Kiyosaki is the best financial educator in the world, Robert and his books have inspired and influenced millions of people around the globe and helped them become rich. I decided to make him my mentor, despite the fact I have never met or spoke to him in my life. They say if you want to be rich, just copy the formula used by rich people, so I decided to copy his formula for my journey. All his books are written based on his own experience of building…

Rich Dad – Robert Kiyosaki, My Ultimate Wealth Creation Mentor, Part One of Three

I first listened to Rich Dad, Poor Dad 2: Cash Flow Quadrant - Rich Dad's Guide to Financial Freedom(rated 5 stars by readers in Amazon) by Robert Kiyosaki in early 2007 and then bought his New York Times best seller, Rich Dad, Poor Dad.

Since then I have read and listened to 12 Rich Dad or his advisor's books and CDs and I will be buying more of his books in the future. Despite the fact that I have spent less than £80 on his books the value that I got from his books is definitely and massively more than what I paid for my Master of Business Administration (MBA) course, which cost me around £8,000 in 2002.

The value that I got from his inspirational books is tremendous and priceless; he taught be how to think outside the box and completely changed my mindset. My MBA taught me nothing about money and investment, while Robert Kiyosaki's books taught me everything about wealth, money and the power of leverage.

I have learned the truth about the rich, why the rich are getting…

Visit Hampton Court Palace, Gardens in London UK and Learn the History of Henry 8th and His Six Wives

After visiting Hever Castle, we decided to visit Surrey, one of the wealthiest regions in the UK. Hampton Court Palace is located within M25 in Surrey next to the River Thames to the south west of London.

I googled and found out that Hampton Court Palace is a good place to visit; The English King Henry VIII (1491- 1547)was crowned there and it was his residential Palace where his six wives lived 500 years ago. So why not continue our journey to find out a little bit more about the history of this controversial king...

The Palace architecture looks magnificent and impressive from the outside with classic design and you can see that even the chimneys were uniquely carved. The Palace is surrounded by several very well maintained gardens, both large and small and each with its own characteristics and purposes. There are fountains, ponds, flowers, trees, lawns and even the river Thames flows around the Palace. There is also a maze that claims to be the most famous in Europe, children and a…

Visit the Historic Hever Castle in Kent UK, the Garden of England and Enjoy the Spectacular Gardens

It was a bank holiday weekend in the UK and the weather was beautiful and sunny. My husband and I decided to visit Tonbridge Castle in Kent as we couldn't bear to waste such a marvellous day staying inside. Kent is called the Garden of England and as we were admiring the beautiful country scenery while we were driving we could understand how it got this title.

When we drove to a roundabout in Kent just off the M25, our satellite navigation system started to act up and we got lost. We drove around the same area again and again at least three times and then we suddenly found a sign pointing the direction to Hever Castle. We decided to give up on our original plan and visit Hever Castle instead.

It was almost 4 o'clock in the afternoon, but there was still a big queue of people to get into the castle, it seems the castle is very popular and it was open till 6pm. The castle is set in beautiful and spectacular surroundings and has many gardens, fountains and beautiful water fea…

Meeting Dolf De Roos, the Multi Millionaire Property Investor in London on 21 May 2009

I went to the Property Investors Network (PIN) in London last night in the Cumberland Hotel in Marble Arch. This is a monthly meeting hosted by Simon Zutshi who owns a multi-million property portfolio and internet businesses as well as providing property seminars and mentoring courses in the UK. Dolf De Roos is one of the world's most successful multi-millionaire property investors and is a Rich Dad (Robert Kiyosaki) advisor. 

He was invited to give a short presentation . He is also a famous author having published 14 books including the New York Times best seller Real Estate Riches, this is one of the best property books that I have ever read. I was so excited, as this was my first time meeting him.
Dolf is a world class speaker, he also speaks at the Trump University which was founded by Donald Trump. Even though his speech was short (one and a quarter hours) I found it interesting and fascinating. You can tell he is a very experienced and serious investor, but he was also very wi…