Robert Kiyosaki’s portfolio performance in 2024
The post Robert Kiyosaki’s portfolio performance in 2024 appeared on BitcoinEthereumNews.com.
Renowned investor and author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has long championed a distinct investment philosophy. His disdain for fiat currencies, which he frequently dubs “fake money,” has driven his preference for “real assets.” These include cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as precious metals such as gold and silver. Kiyosaki views these assets as essential hedges against inflation, often highlighting their resilience and value-preservation qualities. Inspired by Kiyosaki’s strategies, we conducted an analysis to determine the potential returns on a $1,000 investment split equally among five of his favored assets—Bitcoin, Ethereum, Solana, gold, and silver—at the start of 2024 to offer a snapshot of how his portfolio might have performed amid the favorable market conditions this year. Will Smith slaps Chris Rock at Oscars. Biden slaps Putin on world stage. Toxic masculinity. World in trouble. National debt to go through the roof. Biden causing inflation & blaming Putin. Dollar about to implode. Buy more gold, silver, Bitcoin, Ethereum, & Solana before WW3. — Robert Kiyosaki (@theRealKiyosaki) March 29, 2022 The ‘Rich Dad’ investment breakdown To align with Kiyosaki’s approach, the $1,000 portfolio was diversified equally across the five assets, allocating $200 to each. Here’s how each investment has fared as of today: Bitcoin, the flagship cryptocurrency, started the year at $43,835. Fast forward to today, and BTC is trading at $97,973, marking a stellar 123.50% increase. A $200 investment in Bitcoin at the beginning of the year would now be worth $447.01. Bitcoin year-to-date price chart. Source: Finbold Ethereum has seen a significant climb this year. Starting at $2,352.03 on January 1, it’s now trading at $3,392—a 44.23% increase. A $200 investment in Ethereum would have grown to $288.46. Finally, the last among the cryptocurrencies Kiyosaki has mentioned is Solana. SOL began…
Filed under: News - @ November 22, 2024 3:24 pm