The post Robert Kiyosaki shares the ‘great news’ from the crashing stock market appeared on BitcoinEthereumNews.com.

Popular investor and author of the best-selling personal finance book ‘Rich Dad, Poor Dad‘ Robert Kiyosaki has shared an optimistic take on the recent stock market downturn.  In an X post on August 2, Kiyosaki emphasized that the current economic conditions, which saw the stock market wipe out trillions of dollars, present a unique opportunity for investors to grow their wealth.  Acknowledging the substantial losses many have experienced, Kiyosaki highlighted the potential upside, drawing on lessons from his book ‘Rich Dad, Poor Dad’ and his personal experiences.  Kiyosaki’s advice is grounded in the principle of acquiring valuable assets when their prices are significantly reduced. This strategy, he suggests, can turn a market downturn into a lucrative opportunity. He emphasized that the current market crash means that asset markets essentially have a sale, presenting a prime opportunity for investors to build their portfolios. “As many have warned….the stock market crash has arrived. Losses are substantial. Rich dad taught his son and me when markets are crashing is the time the rich get richer….buying assets at bargain basement prices. Markets are crashing. Great news. Asset markets are having a sale. This is your turn to get richer,” Kiyosaki said.  Seizing opportunities in economic downturns  The investor’s advice aligns with his longstanding philosophies, which advocate for financial education, strategic investments, and seizing opportunities during economic downturns.  Notably, the author has consistently warned about the potential for a major economic downturn, often describing it as the “biggest bubble in history” that could have profound impacts, particularly on the Baby Boomer generation.  Therefore, Kiyosaki has identified specific assets that he believes are particularly advantageous to invest in during this period. He strongly recommends focusing on gold, silver, and Bitcoin (BTC) as key assets.  He has a long history of advocating for gold and silver, citing…

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Filed under: News - @ August 3, 2024 2:24 pm