Robert Kiyosaki tells about his first investment and why he prefers to buy gold and silver coins.
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Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” recently made headlines when he revealed that he has millions of dollars’ worth of gold coins. In a recent interview, Kiyosaki discussed his investment strategy and the reasoning behind his choice to invest in gold.
Kiyosaki is a strong advocate for investing in hard assets such as gold, silver, and real estate. He believes that these investments serve as a hedge against inflation and the devaluation of fiat currencies. In the interview, he explained that he has been purchasing gold coins for many years as a way to protect his wealth and ensure financial security for himself and his family.
One of the key reasons Kiyosaki is bullish on gold is the current state of the global economy. With central banks printing trillions of dollars in response to the COVID-19 pandemic, Kiyosaki sees a looming threat of hyperinflation. In such an environment, he believes that holding physical gold is the best way to preserve wealth and purchasing power.
In addition to the economic rationale for investing in gold, Kiyosaki also points to the historical significance of the precious metal. Throughout history, gold has been recognized as a store of value and a form of currency. Unlike paper money, gold has maintained its worth over centuries. Kiyosaki is confident that this historical track record makes gold a reliable long-term investment.
Kiyosaki’s decision to invest in gold coins is a reflection of his broader investment philosophy. He is a proponent of financial education and encourages individuals to take control of their financial future. By investing in assets that have proven to protect wealth, Kiyosaki believes that individuals can safeguard themselves against economic instability and market fluctuations.
It’s worth noting that Kiyosaki’s stance on gold is not without controversy. Critics argue that gold does not produce income and therefore does not offer the same potential for growth as other investments such as stocks or real estate. However, Kiyosaki remains steadfast in his belief that holding physical gold is essential for wealth preservation, particularly in times of economic uncertainty.
Overall, Robert Kiyosaki’s revelation of owning millions in gold coins has sparked a conversation about the role of gold in a well-diversified investment portfolio. While opinions on the precious metal may vary, there is no denying that Kiyosaki’s decision to invest in gold is a reflection of his commitment to financial education and long-term wealth preservation. As investors navigate an uncertain economic climate, Kiyosaki’s perspective on gold serves as a timely reminder of the importance of protecting assets and ensuring financial security.
Hmm looking at 10 year trends I'm not sure this is the best investment option, from 2011 to 2016 silver went from 45.00 to 14.00 and gold went from 1,862.00 to 1,000.00 so I'm not convinced personally
The more people bid to buy gold, the richer this man gets as more demands for gold will increase the price of his gold!!!
#Gold & #Silver ALWAYS keep their value no natter what
Where do you keep your stash of coins? Asking for a friend!
I would ❤
Robert. I would go to those coin shops
Realistically this is a stupid investment and I say this as a guy who collects coins. The problems with it is that
1. You have to pay for storage or risk it getting stolen.
2. You can`t cash in this stuff quickly at least not for it`s "real value".
3. You can`t get good deals in coin shops etc. There are a few traps you fall in if you don`t know what you`re doing and you probably don`t.
Owning gold online is better since you can always buy and sell right away and you always get the market value.
False u could own 3 troy ounces
My sons is only 11 and he just spent 300 of his savings he got 11oz of silver eagles I’m very proud of him he is ten steps ahead of his dad who was never taught about how to get Rich ,investments and assets
enter dave ramsey….ramsey and kyoski should have a fight
I am an adult and my first investment was a silver monster box
$2000 will buy you the same stuff you got in 1972 for $50 lolol
Silver was also $1.5/oz in 1972 .. its $23/oz now. So…..
He hates banks, where does he keep it?
Hi
Assets are better. If you want to pay your rent in gold, silver, btc, dollars, whatever, i'll take it.
i agree with him, dollar just a paper and i dont trust government
But $50 at that time worth a lot also
This guy is a scam artist
Didnt he say investing in gold and silver is the worst investment in another video. Lol.
well RK…. if you live in Canada, I'd expect Trudeau to make you feel like a criminal again if you have gold and silver. The government has sold all our gold reserves and it would not shock me if he tries to nationalize gold and silver mines and take our/your white and yellow….
having said that, I just bought a gold 1/4 roo and a 10 oz bar of silver
Can you give me 2 gold ones please
Exactly I am 18 year's man my 1st investment was gold of 4gram
Only jewish people do that
I believe that regardless of his background and fame , he is a fraud.He keep disclosing his wealth and ways to create wealth in public.His main source of income shall be his royalties and nothing else.
Amen, Yahuah's money
I traded some fiat yesterday. And last Tuesay and every Tuesday coming. A little bit every week adds up
That's why I stack baby.
So it's still worth the same value