Financial author Robert Kiyosaki has declared that the stock market crash has begun.
He warned about it since years, but he also sees this downturn as a prime chance for investors to acquire assets at reduced prices.
Buy when everyone sells, the evergreen advice
Robert Kiyosaki, renowned for his financial expertise, recently shared a pretty dire message about the stock market on social media platform X.
The Rich Dad Poor Dad author stressed the importance of recognizing investment opportunities during market downturns, and now he say this is it. It arrived.
“The stock market crash has arrived, and the losses are substantial.”
Kiyosaki reflected on the wisdom from his mentor, emphasizing that market crashes provide excellent opportunities for the wealthy to increase their assets. He didn’t told anything about regular people, tbh.
“Rich dad taught his son and me that when markets crash, it’s the perfect time for the rich to get richer by buying assets at bargain prices.”
The best time for investments is even exist?
Kiyosaki’s message is clear, he thinks investors should consider the market crash as a unique buying opportunity, and now there is a chance for everyone to get rich, and acquire more assets.
The author has consistently recommended investing in gold, silver, and bitcoin.
Not so long ago, he predicted an impending economic collapse followed by a major bull market, suggesting that bitcoin could soar to $10 million per coin, gold to $15,000 an ounce, and silver to $110 an ounce.
He attributes these predictions to diminishing confidence in fiat currencies and historical economic trends.
Also worth to mention many of his critics refer to him as doomsayer, because he preaching the collapse for years and decades.
Investors’ trust is at all time low
Kiyosaki’s posts highlight the potential for huge returns from investing in tangible assets and cryptocurrencies during economic downturns.
He believes that as trust in traditional currencies is too weak and assets like gold, silver, and bitcoin will become more valuable.
Based on the current market situation, he might be right.
