Jakarta, CNBC Indonesia – The author of the popular book Rich Dad Poor Dad, Robert Kiyosaki, has some advice on which assets to buy in the current market environment. The assets must be at least in the form of cash.
In his book, Kiyosaki reveals three Rich Dad lessons. First, the house is not an asset. Second, savers are losers. Third, rich people don’t work for US dollars.
“The rich are entrepreneurs who don’t need work,” Kiyosaki said on Twitter on Thursday (22/9/2022).
According to him, the rich can take advantage when the market is down. One of them is to create jobs and own resources. Therefore, this year is an impetus for gaining wealth.
In an earlier tweet, Kiyosaki advised investors to invest in real money. “Savers will be the biggest losers. Invest in REAL MONEY. Gold, silver and Bitcoin,” she said.
During an interview with Kitco News, the best-selling author more widely recommended “material assets” including gold and silver for protection when the economy is unstable.
“Anything that can be printed, like stock certificates, bonds or dollars, I don’t want. I’m a fan of gold, silver, oil,” he said.
The price of cryptocurrencies themselves has dropped quite a bit lately. However, Kiyosaki is optimistic that Bitcoin will target a US$10,000 position.
“Why buy gold, silver, Bitcoin? Pivot Bank of England means buying more GSBC. When pension funds were about to collapse central banks couldn’t fix them…INFLATION. Pensions have always invested in G&S (gold and silver). Pension funds are now investing in Bitcoin. They know fake $, stocks and bonds are toast,” he said.
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(Verda Dwarf Setiawan/ayh)
