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Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors.
He even went on to warn that even highly rated AAA bonds are poised to crash, particularly due to the looming crisis in the commercial real estate market. Instead, he advocated for Bitcoin as a crucial component of a safe investment strategy.
Kiyosaki, who is known for being a Bitcoin proponent, argued that financial planners mislead ordinary investors by promoting bonds as secure investments and predicted that even high-rated AAA bonds are at risk, especially in the commercial real estate sector, which he believes is headed for a significant downturn.
According to the prominent writer, this impending crash will lead to substantial losses for many, including those considered “sophisticated” investors. Kiyosaki contrasts bonds with what he deems safer assets like gold, silver, and Bitcoin, suggesting these will surge in value, urging investors to reconsider where they place their trust and capital.
Last month, Kiyosaki referenced financial analyst Harry Dent’s dire prediction of an impending “everything” crash, which he anticipates will severely impact the Baby Boom Generation as their home values plummet and the S&P 500 drops by 80%.
Dent also predicted that Bitcoin would fall back to $200 per coin. Meanwhile, Kiyosaki viewed this potential downturn as an opportunity and was enthusiastic about the prospect of acquiring Bitcoin at such a low price, believing that those who are prepared and hold these assets will emerge as multi-millionaires or even billionaires.
Kiyosaki reiterated his stance that regardless of whether Dent’s predictions materialize, investing in gold, silver, and Bitcoin will prove profitable in the long term while simultaneously dismissing the dollar as “fake money.”
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He even went on to warn that even highly rated AAA bonds are poised to crash, particularly due to the looming crisis in the commercial real estate market. Instead, he advocated for Bitcoin as a crucial component of a safe investment strategy.
Bonds: The “Biggest Lie” in Investing
Kiyosaki, who is known for being a Bitcoin proponent, argued that financial planners mislead ordinary investors by promoting bonds as secure investments and predicted that even high-rated AAA bonds are at risk, especially in the commercial real estate sector, which he believes is headed for a significant downturn.
According to the prominent writer, this impending crash will lead to substantial losses for many, including those considered “sophisticated” investors. Kiyosaki contrasts bonds with what he deems safer assets like gold, silver, and Bitcoin, suggesting these will surge in value, urging investors to reconsider where they place their trust and capital.
Opportunity if Bitcoin Makes Devastating Turn?
Last month, Kiyosaki referenced financial analyst Harry Dent’s dire prediction of an impending “everything” crash, which he anticipates will severely impact the Baby Boom Generation as their home values plummet and the S&P 500 drops by 80%.
Dent also predicted that Bitcoin would fall back to $200 per coin. Meanwhile, Kiyosaki viewed this potential downturn as an opportunity and was enthusiastic about the prospect of acquiring Bitcoin at such a low price, believing that those who are prepared and hold these assets will emerge as multi-millionaires or even billionaires.
Kiyosaki reiterated his stance that regardless of whether Dent’s predictions materialize, investing in gold, silver, and Bitcoin will prove profitable in the long term while simultaneously dismissing the dollar as “fake money.”
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Source link
The post Bonds Are the ‘Biggest Lie,’ Bitcoin Is the Future appeared first on Panther AI.
Continue reading...