Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future



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Rich Dad Poor Dad ( PDFDrive )

It is not gambling if 
you know what you’re 
doing. It is gambling 
if you’re just throwing 
money into a deal
and praying.


Chapter Five: Lesson 5
110
If I make great profits in the stock market, I pay my capital-gains 
tax on the gain and then reinvest what’s left in real estate, again further 
securing my asset foundation.
A last word on real estate: I have traveled all over the world and 
taught investing. In every city, I hear people say you cannot buy real 
estate cheap. That is not my experience. Even in New York or Tokyo, 
or just on the outskirts of the city, prime bargains are overlooked by 
most people. In Singapore,with their high real estate prices, there are 
still bargains to be found within a short driving distance. So whenever 
I hear someone say, “You can’t do that here,” pointing at me, I remind 
them that maybe the real statement is, “I don’t know how to do that 
here—yet.”
Great opportunities are not seen with your eyes. They are seen 
with your mind. Most people never get wealthy simply because they 
are not trained financially to recognize opportunities right in front
of them.
I am often asked, “How do I start?”
In the final chapter of this book, I offer 10 steps that I followed 
on the road to my financial freedom. But always remember to have 
fun. When you learn the rules and the 
vocabulary of investing and begin to 
build your asset column, I think you’ll 
find that it’s as fun a game as you’ve 
ever played. Sometimes you win and 
sometimes you learn. But have fun. Most 
people never win because they’re more 
afraid of losing. That is why I found school so silly. In school we learn 
that mistakes are bad, and we are punished for making them. Yet if 
you look at the way humans are designed to learn, we learn by making 
mistakes. We learn to walk by falling down. If we never fell down, we 
would never walk. The same is true for learning to ride a bike. I still 
have scars on my knees, but today I can ride a bike without thinking. 
The same is true for getting rich. Unfortunately, the main reason most 
people are not rich is because they are terrified of losing. Winners are 

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