U.Right now - Author of the widely-read "Rich Dad Poor Dad" book on financial self-education and well-known financial guru Robert Kiyosaki recently tweeted on the present difficult times, bringing up inflation and market bubbles.
He gave millennials, Gen Xers, and Gen Zers some pointers on how to "survive and thrive" in this world. The idea of "rich dad," who he supposedly experienced as a youngster, persists in his mind.
Advice on surviving, the "everything bubble" message
Many members of Generation Z, X, millennials, and even some Baby Boomers have responded to Kiyosaki's recent tweets about "the everything bubble" by expressing their inability to finance a home or children.
Robert Kiyosaki remarked that in order to “survive and thrive” in today’s high inflationary climate, it is vital to discover new instructors - intelligent and experienced individuals who can provide advise on how to handle one’s assets and enhance one’s net worth. Kiyosaki advocates searching out for individuals on social media and notably YouTube that provide “a massive array of teachers".
This is the method to reach and ultimately realize financial success, he argues. He also feels that following that, it is necessary to share the information you obtained with people who need it: “Give back by teaching students who want to learn from you.”
Kiyosaki says he will keep purchasing Bitcoin inexpensively
In a tweet released last week, financial expert Kiyosaki warned the community to be prepared for a possible major “bubble crash” that he anticipates to happen in the near future. Even such huge assets as gold, silver and Bitcoin may fall, he remarked.
However, if or when that occurs, Kiyosaki wants only to acquire these assets “at a discount”: “I will be buying all the Bitcoin I can, as well as other assets, at bargain basement prices.” But if Bitcoin drops to $5,000, it may then surge to $100,000, $250,000 and much higher, he added.