“Rich Dad Poor Dad” author Robert Kiyosaki joins ‘Power Lunch’ to talk his investing strategies amid historic inflation. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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LEARN ABOUT: Investing During Inflation
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“Invest with inflation, not against it” says “Rich Dad Poor Dad” author Robert Kiyosaki
Renowned author and entrepreneur Robert Kiyosaki, known for his widely popular book “Rich Dad Poor Dad,” has recently shared his perspective on investing in times of inflation. Kiyosaki believes that rather than fearing inflation, investors should learn how to utilize it to their advantage.
Inflation is a term that often raises concerns among investors and individuals alike. It refers to the general increase in prices of goods and services over time, resulting in a decrease in purchasing power. Many people view inflation as a threat to their financial well-being, as it erodes the value of their savings and investments.
However, Kiyosaki suggests a different approach. He argues that with the right knowledge and strategy, investors can harness the power of inflation to bolster their financial portfolio. By investing in assets that appreciate in value during inflationary periods, individuals can potentially protect their wealth and even enhance it.
One of Kiyosaki’s key recommendations is to invest in real estate. According to him, real estate is a tangible asset that tends to rise in value with inflation. As the cost of living increases, so does the value of properties, making real estate an attractive investment option.
Additionally, Kiyosaki highlights the significance of investing in businesses and commodities. Businesses, particularly those in sectors that are less affected by inflation or even benefit from it, can offer a hedge against rising prices. Selecting businesses with strong cash flows and the ability to adapt to changing economic conditions is crucial.
Commodities, such as gold and silver, have historically served as stores of value during times of inflation. These precious metals are considered a safe haven and can safeguard against the eroding effects of inflation on traditional currencies.
In addition to his investment recommendations, Kiyosaki stresses the importance of financial education. He believes that by developing a deep understanding of the financial world, individuals can make informed investment decisions that take advantage of inflation rather than being a victim of it.
Kiyosaki’s advice aligns with his overall philosophy of striving for financial independence and escaping the “rat race.” He encourages individuals to view inflation as an opportunity rather than a threat and to take control of their financial futures by adopting a proactive investment approach.
However, it is important to note that investing always carries some degree of risk. The success of any investment strategy depends on various factors, including market conditions and the individual’s knowledge and skills. Therefore, it is crucial to conduct thorough research, seek professional advice, and continuously educate oneself to make informed investment decisions.
In conclusion, Robert Kiyosaki’s perspective on investing with inflation provides a refreshing take on a subject that often sparks concern. By understanding how inflation works and strategically leveraging it through investing in real estate, businesses, and commodities, individuals can potentially safeguard and grow their wealth. Ultimately, financial education and a proactive investment approach are key to taking control of one’s financial future.
Don't read this wrong!! this is not to brag but to motivate!! I’m glad I pulled through, despite the crises. I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts … Stay Motivated!!
Robert Kiyosaki. INVENTOR OF CASHFLOW AND THE MAD MAGAZINE GAME
The man is not an idiot, and I honestly prefer investing in "things" than virtual assets…However, virtual assets are the only way to really make big money that's why he launched his companies where he can create shares out of thin air….
When making investment decisions, it is critical to consider the impact of inflation. Diversifying investments across asset classes, using inflation-protected securities, and reviewing investment portfolios on a regular basis can help mitigate the impact of inflation on investment returns, or at the very least, hire a financial advisor like Joseph Sullivan Anderson, who has significantly increased my earnings.
It is important for beginners in trading and investing to understand that success in these fields requires more than just technical analysis. Emotional maturity and self-discipline are equally important, as they enable traders to make rational decisions even during periods of market volatility. This means that consistently investing over a long period of time is generally more effective than trying to time the market by buying and selling based on short-term market fluctuations. Learning is crucial for success in trading and investing. Keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions. I'm glad to hear that Marcia Ann Bice insights and strategies have been helpful to most of us. Remember, success in trading and investing takes time and effort, but with dedication and discipline, it is achievable..
Sure! We just have to hold on to our hopes and wait and see what happens since market fluctuations are virtually always surprising. But, if I were to make a conclusion, it would be that "Small Cap investors sell because they are scared about the weekend. Despite the fact that the Russell is up. I'm seeing more red than green in my portfolio.
hes such a broken record
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Has anyone ever milked a book for rest of the life like this guy does? His videos contain crazy nonsense thumbnails and titles – and literally no worthy content.
I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Mrs Cynthia M.Levi
Welcome to BIDENFLATION
A very common mistake people make is to assume that just because someone has a lot of money that it makes them an expert in money. Hollywood and pro sports are filled with very rich people who know nothing about money. The auto industry is filled with top sales people who know very little about cars. People like Robert Kiyosaki and Dave Ramsey are salesman that just happen to sell financial advice. They got rich by selling their advice not by following their own advice.
CNBC has become garbage and they bring anyone like this scam for interview.
Kiyosaki, the ultimate grifter.
Inflation-hedging is a strategy to protect your wealth from the eroding effects of inflation. By investing in assets that are likely to grow in value in response to inflation, you can ensure that your money retains its purchasing power over time.
Says the guy whose company is now bankrupt
Watch out. Gold and commodities will probably tank now that Kiyosaki is pumping them. Grifters always jump in at the top. I can go on about how everything he says is wrong.
This guy is now the biggest comedian. He thinks everyone sees him as a investor GOD after that book. What a joke
he spoke the trurh. Why are you guys so angry and aggressive?
even though he didn't answer any of their questions at all everything he's saying is correct. If inflation is going to be the story of this decade you don't want to be caught holding on to shares in uber or j.p morgan with a bunch of intangible assets. You need the real thing
Who got the short straw at CNBC for this interview?
Q: "Are banks broken and are deposits safe?"
A: "Dollars are paper"
Q: "Yeah, but are banks broken and are deposits safe?"
A: "Ok,… how about this?,… Inflation is systemic."
Q: "Well ok,… but are banks broken and are deposits safe?"
A: "How about this….. when Powell said inflation was transitory that was a lie?"
Q: "Well he was mistaken but not sure it was a lie,… but are banks broken and are deposits safe?"
A: "When semile ole joe shut down the fossil fuel industry that caused oil, the life blood of the economy, prices to skyrocket kicking off inflation,.. and that's my concern"
Q: "True,… but are banks broken and are deposits safe?"
A: "Dollars are paper"
Q: "Ok let's give up on,… are banks broken and are deposits safe,.. and talk about inflation,.. what are you going to do to combat it?"
A: "It's not what the Fed is going to do,.. it's what are you going to do". "I like the 4 G's – Gold, Ground, Gas and Good Eats.,… except for spinach, I can't stand spinach. Spinach to me is like the dollar.,.. it's green and tastes like paper."
"Thank you Robert"
"Dollars are paper to you too."
He doesn't look very trustworthy
why is this man getting his time on CNBC? he has been perma bear and preaching the collapse of everything really.
US FED'S MEGA MADOFF PONZI SCHEME IS DESTROYING EVERYTHING.
With the bank runs and backstop gaurantees it's clear HYPERINFLATION is here to stay FOREVER !
How much did he pay to get on the show
His shtick is getting old! Why give this quack any air time at all?
This guy is a scammer.
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The four G's: Gold. Ground. Gas. And Gfood.
wow… did CNBC just have one of the biggest frauds in this field?? if you had any credibility left. Now its gone.
This guy has called for the market to crash more times than you can count. Shouldn't be on the air. At least mention how many of his crash predictions have turned out to be false. If there is any false prophet it is this guy.
This guy has been calling for the end of the world forever.
Nothing but a scam artist !!!
MOST rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
Are you guys let this guy still come on your show?
These are 6 minutes and 22 seconds of life that I won't get back.
Best place to keep your money right now is money market
This guy has very little understanding of economics, investments, or accounting. He's good at sales. Talk to him about sales. Don't talk to him about economic predictions or investment advice. Just terrible.
He doesn't answer the questions being asked but answers his own thoughts
He increases homelessness and then the Republican Party complains about it
Aholes like kyioski make the little man poorer
He’s greedy and he probably doesn’t donate to charity
Why you gave this snake oil sales men any air time. He is a joke. Shame on you guys
This guy Robert Kemo Sabi needs to "GO AWAY!"
Why? . . .just why would you give this fake guru airtime?
Every word that robert says makes no sense to me. Even recommending to buy real ststes at theses super inflated prices?
incredible how Robert gets invited on the show. also CNBC using Zoom will never not be funny