Robert Kiyosaki, the renowned author of the best-selling book Rich Dad Poor Dad, discusses what he believes is “the best investment value today”.
What is the best investment value today? Robert Kiyosaki’s answer to Rich Dad Poor Dad
Robert Kiyosaki, author of Rich Dad Poor Dad, suggests investors buy silver, explaining that the precious metal is the best investment value today. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Letcher. It has been on the New York Times best seller list for more than six years. Over 32 million copies of the book have been sold in more than 109 countries in more than 51 languages.
Kiyosaki tweeted on Thursday: “Question: What’s the best investment value today?” He replied that the answer is silver, noting that the price of gold has climbed above $1,700 but silver has fallen to $20. “I don’t touch paper gold or silver ETFs [exchange-traded funds], I only want genuine gold or silver coins. Silver is an industrial precious metal. dont want to sleep. Don’t take my word for it. Study precious metals,” he elaborated.
In a follow-up tweet, he explained:
Why I suggest ‘buy silver.’ Everyone can buy a silver coin for Rs.25. Don’t take my word for it. study. become rich. Don’t be a fool
This was not the first time the famous author had suggested buying silver. In July, he warned that the US bond market was crashing and that it was “the biggest bond crash since 1788.” He added: “I am now buying more gold, silver, and waiting for bitcoin to go lower.”
Kiyosaki waits to buy bitcoin below. He said earlier this month that he is in a cash position, waiting to buy bitcoin as the asset’s price is falling. He believes it will be the “greatest sale on earth”. He also said that he is looking forward to “testing $1,100” before buying BTC.
The famous author also warned that stocks and bonds were crashing and that a depression and civil unrest were coming. In addition, he cautioned that inflation could lead to the “Greater Depression”.
Do you agree with Robert Kiyosaki, author of Rich Dad Poor Dad? Let us know in the comments section below.
image credit: Shutterstock, Pixabay, WikiCommons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation or recommendation or endorsement of an offer to buy or sell any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the Company nor the author is responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use or reliance on any materials, goods or services mentioned in this article.