Do you think Rich Dad Poor Dad is an appropriate book for an orphan?

The message might be timeless, but it's boring.
Having something more specific to modern time and to Australian investing - and Australian RE in particular - would be more helpful in my opinion.

 

Thanks for the suggestions guys. Will pick up a copy of both Babylon and Jan's books for myself too

 

People love spruiky titles.

 

Umm....have you read the book? It's not boring at all. It reads like a story book, is easy for anyone to understand and there really aren't a lot of pages. My 10 year old read it AND understood it. It isn't about RE at all. If you want something more modern the The Wealthy Barber is the one I'd recommend. Again, very generic, it reads like a story book and very easy to understand. Unless you've actually read one (or both) of them, then you really can't comment on the book.

 

Your intentions are honourable, sincere, there is no problem.

Yes, the character/s may be fictitious but its about the message, the teaching/lessons you learn, its what you take away from this book that matters.

If you think this book will help your friend then absolutely I would recommend it.

MTR

 

Different strokes for different folks, I know just about everyone recommends this book "The Richest Man in Babylon", but for some reason I could never really get into it.

MTR

 

You'd have to ask them.

 

agree with @Simon Hampel and @skater !

it is timeless book!

 

He talks of his real Dad numerous times and his position in Hawaii in the Teaching world, running for Governor et, his Mum dying of a heart attack and so on....

This part would be so easy to research and prove wrong - he wouldn't lie about something like that and risk the whole credibility of his business model being destroyed.

The Rich Dad side might be a conglomerate of people though, although he often refers to him as one person, with a son who he names repeatedly.

As for raw nerve; maybe ask the person in question first how they would feel about being given such a book.

Start with "The Richest Man in Babylon".

 

Um, I'm not saying it's not understandable for a 10 year old.
I find it boring and think it's likely that there are other people that would find it boring too.

 

But when you count the people praising the book, against those that don't, there is only you and MTR that say that they didn't get into it. Surely that's got to tell you something.

 

People don't care that much?

 

Absolutely right Skater, is a top selling book for a reason, that must tell you something.
It just did not appeal to me.

MTR

 

Well, that's right! No matter how good something is, it will never appeal to everyone, but if it does appeal to the majority, then it's obviously a winner.

 

Maybe the ,,The Millionaire Next Door, it's one of the few books that I have read 3 times,simple to understand as most wealthy people I know don't look like rich people,because it cost a lot of opm
to go to expensive restaurants spending money on useless items and trying to look important,,and the hidden message for me with that book was that the real owe no one one cent wealthiest people out there don't pretend to be wealthy,because money means nothing to them just a number that changes
each hour,.

 

That is another awesome book, but it is a much longer read.

 

I wouldn't give it to her because it might make her sad when you remind her she doesn't have a rich dad or a poor dad.