Kiyosaki Warns of Global Financial Crisis: ‘Protect Your Wealth by Investing in Real Assets’
December 25, 2024
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Robert Kiyosaki, businessman and author of Rich Dad, Poor Dad, is once again sounding the alarm about a potential global financial crisis.
What Happened: In a recent post on X, he urged individuals to take action now by investing in gold, silver, and Bitcoin, which he views as essential assets for safeguarding wealth.
Kiyosaki didn’t mince words when criticizing the current financial system, labeling the U.S. government, Treasury, and Federal Reserve as a “Den of Thieves.”
Don’t Miss:
-
Deloitte’s fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!
-
If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
His distrust stems from key historical events, such as the 1965 replacement of silver coins with cheaper alloys and President Richard Nixon‘s 1971 decision to take the U.S. off the gold standard. Kiyosaki believes these actions marked the beginning of a financial system in decline.
A long-time critic of fiat currency, which he calls “fake money,” Kiyosaki argues that it exploits the public and erodes wealth. Instead, he advocates for tangible assets like gold, silver, and Bitcoin, which he sees as reliable ways to preserve value during uncertain times.
Also Read: CEO of Integris gathered a team of senior investment managers who have $34.22 billion in combined owned and managed assets in the West Coast — here’s how to invest in their private credit fund that targets 12% annual interest rate.
“Protect your wealth by investing in real assets,” he advises, emphasizing that these alternatives provide stability against economic volatility.
In addition to his investment recommendations, Kiyosaki underscores the importance of financial education. He encourages individuals to learn about money and make informed investment decisions. “Use resources like YouTube to educate yourself,” he said, urging people to take control of their financial futures.
As concerns about financial instability grow, Kiyosaki’s warnings resonate with many investors seeking to safeguard their wealth.
His advice to invest in real assets and prioritize financial literacy offers a practical approach to navigating uncertain economic times.
Check It Out:
Real estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home’s Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100.
Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.
This article Kiyosaki Warns of Global Financial Crisis: ‘Protect Your Wealth by Investing in Real Assets’ originally appeared on Benzinga.com
Search
RECENT PRESS RELEASES
Related Post