Robert Kiyosaki, the outstanding investor and writer of the private finance best-seller ‘Rich Dad, Poor Dad,’ has made his views on finance and varied varieties of belongings public by way of his frequent posts on X.
Always an enemy of fiat foreign money, foreign money that he usually describes merely as ‘faux cash’Kiyosaki can also be one thing of a inventory market and financial pessimist, having made repeated warnings that all the system is destined for a serious collapse.
As an entrepreneur, nevertheless, he typically sees recessions as nice funding alternatives, as varied high quality belongings change into comparatively low-cost. Kiyosaki can also be not shy about recommending what to purchase for efficiency in a bull market and security in a bear market.
Furthermore, the identify Robert Kiyosaki has change into more and more related to three issues: Bitcoin (BTC), gold and silver.
Robert Kiyosaki and his ‘actual cash’
Given his repeated claims of buying and possession, it’s nearly sure that the writer not solely owns Bitcoin, however that the cryptocurrency has been one in all his finest investments in 2024.
Even after the newest value drop, BTC is in a formidable 36.83% in inexperienced for the reason that starting of the 12 monthsand the value of Bitcoin at this time, on the time of publication, is $58,636.
Kiyosaki additionally strongly favors some extra conventional investments, and gold has undoubtedly been a extremely profitable holding for the writer.
In 2024, the commodity noticed a big rise to new all-time highs (ATH), and the value of gold at this time is $2,381 after a 15.46% enhance up to now this 12 months.
Furthermore, the valuable metallic is prone to proceed to supply substantial wealth progress to the well-known investor, as many consultants imagine that will attain 3,000 USD per ounce by the tip of the 12 months.
Silver is one other commodity that Robert Kiyosaki steadily recommends. While not as flashy as gold or as technologically thrilling as Bitcoin, it is a crucial metallic that has seen a spectacular progress of 30.45% in 2024 at a value of USD 31.01 per ounce.
Assuming an equal distribution among the many three belongings, Robert Kiyosaki’s portfolio would have returned 27.58% through the first half of 2024.
Kiyosaki’s actual property and livestock investments
The story, nevertheless, doesn’t finish with cryptocurrency and commodities. Robert Kiyosaki is a well known actual property investor and has a part of his cash in the well-known Wagyu cattle.
The present state of the true property market signifies that the 2 belongings, though not as simply quantifiable as cryptocurrency and treasured metals, have confirmed extremely profitable for the writer.
Finally, the story is probably going the identical with the more and more outstanding Wagyu, as that market is predicted to develop by an estimated $3.67 billion over the subsequent 4 years.
