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By the way, it was published in Britain by Osprey as Aircam no.23 and in the States as Arco/Aircam no.28 by Arco Publishing. Together with the Maloney/Feist book and the two "Aircraft in Profile" publications it was pretty much all you could buy about this plane when I started reading about WW2 aviation. Since then a lot of books have been published, but no book has as yet rivalled this one in the amount of color side vews.
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OK, that said: what's that Booklist review up there doing on this page? Obviously it's not about this book; it's, I suspect, about a very nice Hammond organs book, which I happen to have as well -- and it's, no doubt, very good -- but why on this page?
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In spite of this flaw, this book should be read by all those who are want to have financial freedom. His methods may not be the norm but if you follow his rules, then the path becomes even closer.
First of all, it's important to note that this isn't a "how to" book. Nobody's going to tell you how to get rich in a book costing less than ( )or for even more than that. What this book does is change the way you think. It's like in philosophy class where they teach you to ask questions. Too many of us are waiting for the answers without asking the right questions. This book offers many possibilities for making money. The real estate advice, albeit very general, is very common sense. I'm amazed at how many people buy real estate with a negative cash flow and call it an "investment." Kiyosaki explains that very clearly. It's common sense. That's all it is.
As for the particulary strong points in the book, I like his emphasis on methods of cash flow and the various tax implications of each one. I do, however, recommend that each person consult with tax advisers before venturing out in business. He doesn't like Subchapter S corporations, but I do, and I have one. I recommend them, but talk to your accountant. You're not going to get the Holy Grail for a few bucks.
I also like the attitude of the author toward money. He refrains from giving specific advice because, after all, each situation is different. He makes the reader think, and judging by the reaction of people I know who have read it, it causes quite a reaction, which brings me to the downsides...
The only downside to the book, and I'm still giving it 5 stars because it is an excellent book, is that the book almost causes people to think too much. Okay, let me explain that. Basically, the quadrants of cash flow are divided in half. There's money you earn as an employee and a self-employed individual and there's money you earn as a business owner and investor. It's great to move over to the business owner/investor side of making money, but let's be realistic. That takes time and a lot of patience. Many people after reading the book actually get frustrated because they have a job and think there's something wrong with that. There's nothing wrong with that. Take your time in adjusting your financial life. You don't have to quit your job or professional practice and move over to the other side right away. Earning money as a business owner and investor takes time. I think it is critical to differentiate between business owner and self-employed, and the author does a very good job of that. I can't summarize it here, but the book does a good job of that.
I remember two really good passages in the book which stuck out in my mind. The first was about how the author had achieved financial success, but nobody ever asked him how he achieved it, but they did ask him for one of two things or both: (1) a loan or (2) a job. I own a business, so I can relate to that. The other passage is where he points out that the average person gets up every morning to go to work and earn money to pay a mortgage, car payment, credit cards, etc., but in reality that person is working to make someone else rich. If you think about where your money is going every month, you'll realize the truth of that. It hit me right away.
This book is shockingly simplistic, so if you're looking for a complicated way to that royal road to riches, forget it. It's well worth reading several times. The lessons are so simple and yet so powerful. The only people who don't like this book are the people who enjoy paying their credit card payments every month. I think I might like to own a bank someday. END
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