Page 14 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
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8 I INTRODUCTION
game of money. Why We Want You to be Rich is a book about
how these two men think and why they think the way they do.
Through their eyes you will gain additional insight into how you
can improve your financial future.
A Word Of Caution
In the world of money, there is another word often used -
transparency. Transparency has many definitions. Three definitions
applicable to this book are:
1. Free from pretence or deceit.
2. Sheer enough to be seen through.
3. Readily understood.
People want greater vision so they can seewith their own eyes
and make their own decisions. Because our educational system
does not really teach people to be financially literate, people
cannot see. And if they cannot see, there is no transparency. Due
to this lack of vision and transparency, people are simply investing
by giving their money to someone else to invest. They blindly
follow the advice of "work hard, save money, invest for the long
term in mutual funds and diversify." They work hard and follow
this investment advice because they cannot see.
A word of caution: If you believe that working hard, saving
money, investing for the long term in mutual funds and diversifying
is good advice then this book may not be for you.
Donald and Robert do not invest in mutual funds because
mutual fund companies are not required to be transparent; they
are not required to disclose their true expenses. Since most
amateur investors cannot see, this fact does not bother them.
Professional investors, as Donald and Robert are, require
transparency in all their investments.
While the financial advice of saving money and investing in