Editor’s Note
The Times They Are A-Changin’
There have been many changes in our economy and the investing
landscape since
Rich Dad Poor Dad was first published in 1997. Fourteen
years ago, Robert Kiyosaki challenged conventional wisdom with his
bold statement that “your house is not an asset.” His contrarian views on
money and investing
were met with skepticism, criticism, and outrage.
In 2002, Robert’s book,
Rich Dad’s Prophecy, advised that we prepare for
an upcoming financial market crash. In 2006,
Robert joined forces with
Donald Trump to write
Why We Want You To Be Rich, a book inspired by
their concern for the shrinking middle class in America.
Robert continues to be a passionate advocate
for the importance and
power of financial education. Today, in the wake of the subprime fiasco,
record home foreclosures, and a global economic meltdown that is
still raging, his
words seem not only prophetic, but enlightened. Many
skeptics have become believers.
In preparing the 2011 edition of
Rich Dad’s CASHFLOW Quadrant,
Robert realized two things: that his message and teachings have withstood
the
test of time, and that the investment landscape, the world in which
investors operate, has changed dramatically. These changes have affected,
and
will continue to affect, those in the I (Investor) quadrant and have
fueled Robert’s decision to update an important section in this book—
Chapter Five: The Five Levels of Investors.
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