Latest news with #Kiyosaki
Yahoo
11 hours ago
- Business
- Yahoo
'Rich Dad Poor Dad' author issues blunt warning on 401(k) and IRA
'Rich Dad Poor Dad' author issues blunt warning on 401(k) and IRA originally appeared on TheStreet. Robert Kiyosaki, the author of the bestselling book "Rich Dad Poor Dad," has turned into a doomsayer of sorts of late. The author has repeatedly warned of an impending economic crash hitting the U.S. and asked people to pursue a smart investment strategy to brave the crisis. On July 27, Kiyosaki asked his followers on X if their 401(k) and individual retirement account (IRA) — both being the most common retirement plans — are stacked with stocks. Investment giants such as Warren Buffett and Jim Rogers have sold most of their stocks and bonds to bet on cash or silver, Kiyosaki warned. He underlined that he also holds silver, in addition to gold and Bitcoin — the latter being called the "digital gold" within the crypto community. The best-selling author reiterated that the U.S. may be on the brink of another financial crash like 2009, which could lead to the Great Depression. The U.S. is the world's largest debtor and the situation is out of control, given that printing money cannot avert the crisis for long, he not the first time that Kiyosaki has asked people to take control of their financial situations and urged them to invest in Bitcoin and bullion. In April, he predicted that the cryptocurrency will hit $1 million by 2035. Kiyosaki hasn't been sounding the alarm bell for nothing — it seems there are a few takers for his ideas within the Donald Trump administration. As reported earlier, Trump is reportedly mulling opening up the retirement market to crypto and other alternative assets. If the plan goes ahead, it will drastically transform how millions of Americans save for retirement. Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing. 'Rich Dad Poor Dad' author issues blunt warning on 401(k) and IRA first appeared on TheStreet on Jul 28, 2025 This story was originally reported by TheStreet on Jul 28, 2025, where it first appeared.
Economic Times
2 days ago
- Business
- Economic Times
Why Warren Buffett, Jim Rogers are ditching stocks & bonds? Rich Dad Poor Dad author Robert Kiyosaki explains
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, in his recent post on X (formerly Twitter), explained how investment veterans Warren Buffett and Jim Rogers have sold most of their stocks and bonds and are now holding cash or silver. ADVERTISEMENT Referring to their actions, Kiyosaki urged followers to find out why, and added that he is staying invested in gold, silver, and Bitcoin. 'If you do not know why Buffet and Rogers have sold their stocks and bonds you may want to find out. I sit tight with gold, silver, & Bitcoin,' he said in his tweet. blockquote class="twitter-tweet"p lang="en" dir="ltr"DO YOU have a 401k or IRA filled with stocks?br/br/DO YOU know investment legends Warren Buffet and Jim Rogers have sold most if not all of their stocks and bonds?br/br/They are both in cash or you do not know why Buffet and Rogers have sold their stocks and bonds you may…/p— Robert Kiyosaki (@theRealKiyosaki) a href=" 28, 2025/a/blockquote script async src=" charset="utf-8"/script He noted that America's debt levels are historically high and suggested that continued reliance on printed money may not be a strongly worded message, Kiyosaki wrote, 'Good luck. We may be on the brink of another 1929 crash and another Great Depression.' ADVERTISEMENT The recent tweet reiterates his long-standing belief that the current U.S. economic trajectory is unsustainable due to surging national debt and unchecked money printing by the Federal on multiple occasions, has declared that he personally prefers holding physical gold, silver, and Bitcoin over equities or ETFs. In his previous tweet, he said, 'You can only print money to pay your bills…for so long,' emphasizing his view that reliance on fiat currency and fiscal stimulus is pushing the U.S. economy toward a collapse. ADVERTISEMENT Today, he has urged the investors to do their own research and to explore why figures like Buffett and Rogers may be rotating out of traditional tweet aligns with his previous posts that emphasized the importance of real, tangible assets in times of economic instability, even drawing a metaphor comparing ETFs to a "picture of a gun for personal defense," suggesting that while financial instruments like gold or Bitcoin ETFs are convenient for average investors, they lack the protection of physically held assets. ADVERTISEMENT 'Sometimes it's best to have real gold, silver, Bitcoin, and a gun,' he has concerns over inflation, interest rates, and global market volatility continue, Kiyosaki's repeated calls to diversify into hard assets are drawing fresh attention—especially when accompanied by mentions of high-profile investors like warnings may not predict the exact timing of market events but they continue to influence investor sentiment around safe-haven assets in uncertain times. ADVERTISEMENT Also read: Rs 1 lakh to Rs 20 lakh in 5 years! Force Motors shares deliver jackpot returns with zero analyst coverage (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Economic Times
5 days ago
- Business
- Economic Times
An ETF is like having a picture of a gun for self-defense, says Rich Dad Poor Dad author Robert Kiyosaki
Renowned author Robert Kiyosaki, known for his book Rich Dad Poor Dad, has once again sounded a cautionary note to investors, stating that an ETF is like having a picture of a gun for personal defense. ADVERTISEMENT 'For the average investor I recommend:Gold ETFs Silver ETFs Bitcoin ETFs Yet an ETF is like having a picture of a gun for personal defense,' Kiyosaki stated on the social media platform X (formerly Twitter). blockquote class="twitter-tweet"p lang="en" dir="ltr"BEWARE of PAPERbr/br/I realize ETFs make investing easier for the average investor….so I do recommend ETFs for the average investor. Yet I extend these words of caution:br/br/For the average investor I recommend:br/br/Gold ETFsbr/Silver ETFsbr/Bitcoin ETFsbr/br/Yet an ETF is like having a picture…/p— Robert Kiyosaki (@theRealKiyosaki) a href=" 25, 2025/a/blockquote script async src=" charset="utf-8"/script In his recent post, Kiyosaki acknowledged that Exchange-Traded Funds (ETFs) simplify investing for the average person and recommended Gold ETFs, Silver ETFs, and Bitcoin ETFs. However, he cautioned followers to understand the limits of paper-based investments. ADVERTISEMENT 'Sometimes it's best to have real gold, silver, Bitcoin, and a gun,' Kiyosaki wrote, drawing a stark contrast between the security offered by tangible assets versus financial instruments like emphasized, 'Know the differences when it is best to have real and when it's best to have paper.' ADVERTISEMENT His central message was a call to financial literacy. 'If you know the differences, and how to use them….you're better than average,' he said, underscoring the need for investors to discern when to rely on financial proxies and when to opt for actual post builds on Kiyosaki's long-standing advocacy for holding real assets. In earlier posts, he warned against fiat currency and the actions of central banks. 'Stop saving FAKE $,' he urged followers, instead advising them to 'Start saving real gold, silver, Bitcoin.' ADVERTISEMENT Kiyosaki has been vocal about his concerns over the Federal Reserve's approach to economic crises.'Every time the US Fed faces trouble, they PRINT fake $,' he wrote previously, citing instances from the 1987 market crash to the COVID-19 pandemic and recent banking turmoil. ADVERTISEMENT Reiterating his belief that the financial system is headed for turmoil, he had earlier warned that 'The Biggest Crash in history is coming….soon.' (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
23-07-2025
- Business
- Time of India
‘Stop saving Fake $': Rich Dad author Robert Kiyosaki warns of ‘biggest crash in history'; urges investors embrace gold, silver and Bitcoin
Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. Tired of too many ads? go ad free now In a fresh social media post on X, the Rich Dad Poor Dad author reiterated his long-standing criticism of central banks, warning that the US economy is on the brink of a historic collapse. 'Stop saving FAKE $,' Kiyosaki wrote, advising his followers to 'Start saving real gold, silver, Bitcoin.' Referring to his well-known principle, he added: 'Rich Dads Rule: 'Savers are Losers.'' Kiyosaki slammed the US Federal Reserve for repeatedly responding to financial crises by expanding the money supply, calling it a form of 'printing fake money.' He listed several examples including the 1987 market crash, the 1998 collapse of Long-Term Capital Management, the 2019 repo market seizure, the Covid-19 pandemic, and the Silicon Valley Bank crash, claiming that in each instance, the Fed's solution was the same, print more money. 'It's not a new crisis... it's the same crisis getting bigger,' he argued, describing what he sees as a pattern of systemic failure. He warned that America has now become 'the biggest debtor nation in history... because of the FED,' and reaffirmed his belief that 'The Biggest Crash in history is coming… soon.' According to ET, Kiyosaki has consistently positioned himself as a critic of modern monetary policy and a staunch advocate for alternative stores of value. His posts in recent months have included bullish predictions for silver, with the author claiming the metal is still 'significantly undervalued' and suggesting that its price could double. Tired of too many ads? go ad free now Kiyosaki's warnings echo a broader scepticism held by some financial commentators about the sustainability of high debt levels and the long-term value of fiat currency in a low-interest, high-liquidity environment. While his views are controversial, they continue to resonate with a growing number of investors seeking protection from perceived monetary instability. This latest post reaffirms Kiyosaki's core message, steer clear of cash and paper assets and instead prioritise tangible alternatives to safeguard long-term wealth. (Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
Time of India
23-07-2025
- Business
- Time of India
'Bubble Bursting, Take Care': Rich Dad Poor Dad author Robert Kiyosaki warns of gold, silver, and Bitcoin price crash soon
Renowned financial author Robert Kiyosaki has predicted a possible price crash in gold, silver, and Bitcoin. He said he plans to buy more of these assets if their prices fall. The warning was posted on his social media platform, where he said, 'Bubbles are about to start busting.' Kiyosaki, author of the best-selling book Rich Dad Poor Dad , believes that when market bubbles burst, they could bring down the prices of major commodities. However, he called this 'good news' for those who are ready to invest when prices drop. Explore courses from Top Institutes in Please select course: Select a Course Category CXO MCA Project Management healthcare Cybersecurity Healthcare Product Management Design Thinking Leadership Finance Management Artificial Intelligence Digital Marketing Others others Technology Data Analytics Operations Management Degree Public Policy MBA Data Science PGDM Data Science Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Robert Kiyosaki gold, silver and bitcoin warning 'Bubbles are about to start busting' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo In his post dated July 21, 2025, Kiyosaki wrote: 'BUBBLES are about to start BUSTING. Live Events When bubbles bust odds are gold, silver, and Bitcoin will bust too. Good news. If prices of gold, silver, and Bitcoin crash… I will be buying. Take care.' — theRealKiyosaki (@theRealKiyosaki) Kiyosaki has long encouraged investors to buy real assets when prices go down. He said he would continue to follow this strategy if there is a crash. His forecast reflects a common investing approach—buying valuable assets at lower prices during economic downturns. Robert Kiyosaki's earlier prediction on silver In a previous post on X, Robert Kiyosaki predicted that silver prices might rise to twice their current value, highlighting his positive outlook on the metal. He said silver remains heavily undervalued and advised investors to think about including it in their investment plans. Criticism of saving in fiat money Kiyosaki repeated his long-held view that saving traditional money is not a good financial plan. He wrote that 'Savers are losers' and criticised the U.S. Federal Reserve, calling its printed currency 'fake banknotes.' He said: 'Stop saving fake dollars, start saving real gold, silver and Bitcoin.' He cited past events such as the 1987 market crash and the 2019 repo market crisis to argue that the U.S. Fed made things worse by printing money. Kiyosaki claims this adds to inflation and weakens the value of fiat currency. Cautious on Bitcoin despite new high Even as Bitcoin recently touched an all-time high, Kiyosaki said he is not adding to his holdings for now. He stated he will wait to see how the economy moves. Drawing a comparison with Warren Buffett, he noted: '[Buffett] is sitting on billions in cash, waiting for bargains. I am doing the same.' Kiyosaki's remarks underline the risks and timing involved in investing in volatile markets. While he supports gold, silver, and Bitcoin, he advised waiting for the right moment to enter. A strategy for uncertain times Kiyosaki's comments highlight his belief that real assets are better than cash savings, especially during market uncertainty. He urged people to prepare for possible downturns by keeping cash ready to buy when prices fall. His outlook encourages a proactive investment approach while warning against relying too heavily on traditional money-saving methods.
