👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

'Rich Dad Poor Dad' Kiyosaki Predicts Greatest Change in World History

Published 2023-06-20, 05:04 a/m
© Reuters.  'Rich Dad Poor Dad' Kiyosaki Predicts Greatest Change in World History
XAG/USD
-
SI
-

U.Today - Renowned author and financial expert has sparked intrigue with a thought-provoking tweet, offering a bold prediction about an imminent global transformation. Widely recognized for his influential book Kiyosaki asserts that the world stands on the precipice of an unprecedented paradigm shift — one that will have profound ramifications for the global economy.

While primarily focusing on the financial landscape, the author emphasizes that his forecast extends beyond mere monetary considerations. He firmly believes that those holding an optimistic outlook will get a rude awakening, while those adopting a realistic, even pessimistic, stance will ultimately emerge triumphant in the face of this forthcoming transformation.

"Brace yourself!"

In recent months, Kiyosaki has expressed growing apprehension about the stability of the financial sector. Through his tweets, he has issued cautionary warnings regarding potential bank failures, specifically identifying mortgage mega corporations as particularly susceptible. Rather than placing blind faith in governmental institutions such as the or Treasury, Kiyosaki encourages individuals to exercise independent critical thinking.

The author's strategy for securing one's financial future is straightforward: invest in tangible assets. In June, he conveyed the unwavering belief that the impending real estate crisis will exceed the magnitude of the 2008 financial downturn. To weather this storm, Kiyosaki advocates the acquisition of tangible assets like gold, silver and .

The author fervently defends his choice of alternative assets, asserting that gold, silver and embody the essence of real money. Conversely, he dismisses cash as nothing more than trivial "trash."

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.