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Author of 'Rich Dad Poor Dad' to Continue Buying Bitcoin, Ethereum, and Other Assets
Summary: According to reports, Robert Kiyosaki, the author of 'Rich Dad Poor Dad,' expressed support for Trump's policy of allowing 401k retirement plans to invest in alternative assets. Kiyosaki pointed out that Trump allows 401k investments in 'alternative investments,' including real estate debt, physical gold and silver, as well as cryptocurrencies like Bitcoin and Ethereum. He ...
According to reports, Robert Kiyosaki, the author of 'Rich Dad Poor Dad,' expressed support for Trump's policy of allowing 401k retirement plans to invest in alternative assets. Kiyosaki pointed out that Trump allows 401k investments in 'alternative investments,' including real estate debt, physical gold and silver, as well as cryptocurrencies like Bitcoin and Ethereum. He believes this policy will make more people wealthy and financially secure, while extending the retirement age of the baby boomer generation.
Kiyosaki stated that the traditional stock and bond markets are controlled by wealthy investment bankers, harming the interests of the working class through their 401k. He mentioned that even Buffett acknowledges that the baby boomer generation is being harmed, with inflation eroding the purchasing power of their 401k. As an alternative investor, Kiyosaki claimed he has never held 401k, mutual funds, or ETFs, but instead invests from the perspective of a cash flow quadrant entrepreneur and investor. He stated that he will continue to buy gold, silver, Bitcoin, Ethereum, oil, and real estate.
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