Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the common belief that bonds are generally safe investments. In a recent tweet, Kiyosaki called the idea that “bonds are safe” the “biggest lie” spread by financial planners to “gullible” investors.
He even warned that even highly rated AAA bonds are on the verge of falling, especially due to the impending crisis in the commercial real estate market. Instead, he defended Bitcoin as a crucial component of a safe investment strategy.
Bonds: The “biggest lie” in investing
Kiyosaki, known for being a proponent of Bitcoin, argued that financial planners are misleading ordinary investors by promoting bonds as safe investments and predicted that even highly rated AAA bonds are at risk, especially in the real estate sector commercial, which he believes is directed. for a significant drop.
According to the prominent writer, this impending crash will lead to substantial losses for many, including so-called “sophisticated” investors. Kiyosaki contrasts bonds with what he considers safer assets such as gold, silver and Bitcoin, suggesting they will rise in value, and urges investors to reconsider where they place their trust and capital.
“As they say in Hawaii: ‘Aloha’. Better get into safer real assets like gold, silver and. Bitcoin before their prices explode. Aloha.”
Opportunity if Bitcoin takes a devastating turn?
Last month, Kiyosaki referenced financial analyst Harry Dent’s ominous prediction of an impending “everything” crash, which he predicts will hit the baby boom generation hard as their home values fall to chopped and the S&P 500 falls 80%.
Dent also predicted that Bitcoin would return to $200 per coin. Meanwhile, Kiyosaki saw this possible drop as an opportunity and was excited by the prospect of acquiring Bitcoin at such a low price, believing that those who are ready and have these assets will emerge as billionaires or even multibillionaires.
Kiyosaki reiterated his position that regardless of whether Dent’s predictions materialize, investing in gold, silver and Bitcoin will be profitable in the long term while dismissing the dollar as “fake money.”
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