Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing successful a well-diversified portfolio of stocks, bonds, communal funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are the champion investments for “unstable times.”

Robert Kiyosaki’s Investment Advice

The writer of Rich Dad Poor Dad, Robert Kiyosaki, gave immoderate much concern proposal this week. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted Friday:

For years, I person been saying, ‘Saving wealth & investing successful a well-diversified portfolio of stocks, bonds, communal funds & ETFs is risky advice.’ Today precise risky advice. I inactive judge gold, silver, bitcoin champion for unstable times, though prices volition spell up and down.

The celebrated writer antecedently said: “I bash not emotion stocks, bonds, communal funds, oregon ETFs.” However, helium noted that investors should put successful what they love. In April past year, helium said bonds are “the riskiest investment” successful a planetary meltdown. “Tragically, rookie investors travel rookie proposal of 60 (stocks) 40 (bonds) mix,” helium opined, recommending investors bargain gold, silver, and bitcoin “as security against morons moving the world.” He besides said successful July past year: “I bash not interaction insubstantial golden oregon metallic ETFs. I lone privation existent golden oregon metallic coins.”

As for communal funds, Kiyosaki has said for respective years: “I conscionable don’t similar communal funds. I deliberation they’re a rip-off.” He explained successful 2019: “Financial planners are henchmen for banks and communal funds. They merchantability you their products, instrumentality your money, complaint you fees, and usage your wealth to get richer.”

Many radical connected Twitter disagreed with Kiyosaki, telling him that a well-diversified portfolio of stocks, bonds, communal funds, and ETFs is simply a batch little risky than investing successful gold, silver, and bitcoin. Some accused the celebrated writer of pumping BTC for his idiosyncratic gain.

Kiyosaki has been recommending gold, silver, and BTC for rather immoderate time. He said past December that owners of the 3 investments volition get richer erstwhile the Federal Reserve pivots and prints trillions of dollars. He predicted that by 2025, golden volition beryllium astatine $5,000, metallic astatine $500, and bitcoin astatine $500,000. In addition, helium expects gold to soar to $3,800 and metallic to emergence to $75 this year. Kiyosaki antecedently explained that helium is simply a bitcoin investor, not a trader, truthful helium gets excited whenever BTC hits a caller bottom.

Moreover, the renowned writer has repeatedly said that helium does not spot the Biden administration, the Treasury Department, the Federal Reserve, oregon Wall Street. He has warned galore times that the Fed is destroying the economy and the U.S. dollar. In October 2021, helium tweeted: “I emotion bitcoin due to the fact that I bash not spot Fed, Treasury, oregon Wall Street.” The Rich Dad Poor Dad writer precocious cautioned that “everything volition crash” and a slump is possible. In January, helium said we are successful a global recession, informing of soaring bankruptcies, unemployment, and homelessness.

What bash you deliberation astir Rich Dad Poor Dad writer Robert Kiyosaki’s concern advice? Let america cognize successful the comments conception below.

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