'Wealthy Dad Poor Dad' Writer Unveils The right way to Survive Present Market Crash

U.At the moment – Robert Kiyosaki, investor and entrepreneur, additionally well-known because the creator of the favored ebook on monetary literacy known as “Wealthy Dad Poor Dad,” has addressed his quite a few followers on the X platform to ship them an vital message on what is going on within the markets now.

Whereas they’re crashing, he nonetheless sees a possibility for traders and entrepreneurs.

“Inventory market crashes. That is your flip to get richer”

Kiyosaki has tweeted that the inventory market crash has arrived. On Friday, the crashed by 600 factors, the Nasdaq plunged by 2.4%, the S&P 500 slipped 6% from its not too long ago achieved all-time excessive.

Robert Kiyosaki reminded his 2.1 million followers on X that he had been predicting this crash in his a number of tweets issued over the previous few years. The creator of “Wealthy Dad Poor Dad” many instances warned {that a} crash can be coming quickly.

One of many methods to behave now, he mentioned, is to make use of the prospect to get wealthy, which he believes has emerged now — to begin “shopping for belongings at cut price basement costs.” He admitted that losses that many traders and corporations are dealing with now are “substantial.”

He referred to his aforementioned ebook and acknowledged that “Wealthy dad taught his son and me when markets are crashing is the time the wealthy get richer” utilizing the advice from above.

to $350,000 in August

In early June, Robert Kiyosaki stunned the crypto group by making a surprising prediction as to how excessive he expects the world’s flagship cryptocurrencies to skyrocket this yr. Kiyosaki tweeted that he expects Bitcoin to spike to the $350,000 degree.

He defined that this was not really a prediction however reasonably his “goal, a dream, and a want.” Curiously, he additionally revealed that he was holding and shopping for not solely Bitcoin but additionally main altcoins, specifically and .

Kiyosaki has been actively tweeting about Bitcoin since not less than 2020, when the pandemic landed, and he stored accusing the U.S. authorities of printing “pretend” U.S. {dollars} to assist the economic system. This yr, the monetary guru has been giving one other large purpose for his Bitcoin surge expectations — the scale of the U.S. nationwide debt (by now) has reached a staggering $35 trillion.

This text was initially revealed on U.At the moment