"Major Crash Is Coming... Buy Even If You Have to Skip a Meal" 'Rich Dad' Shares Wealth-Building Advice
"Buy Assets on 'Sale' During Economic Crises"
Robert Kiyosaki, author of the book 'Rich Dad Poor Dad,' has warned that a global Great Depression could hit the financial markets.
On April 28 (local time), Kiyosaki wrote on his X account (formerly Twitter), "A major market collapse could occur in 2026–2027. The coming crash could potentially be another Great Depression," adding, "Will you be completely ruined, or will you be lucky enough to seize an opportunity?"
He claimed, "During every market collapse in 1987, 2000, 2008, 2015, 2019, and 2022, I did not become poorer but wealthier."
He continued, "I plan to become even wealthier in the massive crash that is coming in 2026–2027," and added, "I hope the same happens for you."
Kiyosaki emphasized, "In times of crashes, recessions, and Great Depression scenarios, great assets go 'on sale.' You need to buy assets while they are on sale and become wealthier. Do not fall apart—seize the opportunities."
Kiyosaki has consistently argued that the global financial crisis could occur and has urged people to increase their holdings of physical and alternative assets such as gold, silver, and Bitcoin. In particular, he has been advocating his investment philosophy on social media, emphasizing that economic crises can actually become opportunities to accumulate wealth.
Just last month, he also stressed the importance of staying away from stocks, bonds, mutual funds, exchange-traded funds (ETFs), and cash savings, and instead holding physical assets that cannot be manipulated by the U.S. Federal Reserve or the government, such as gold, silver, Bitcoin, Ethereum, real estate, and oil.
Hot Picks Today
"New Freshmen Arrive Every Year, Ensuring Robust Demand" National Pension Service Invests as Major Players Pour KRW 1 Trillion into Student Dormitories
- 'Pikachu' Invades the Crypto World... Pokémon Card Tokens Now Bought, Sold, and Used as Loan Collateral [Bitcoin Now]
- "It's Not Property Tax, It's a Seoul Citizen Tax"... If Apartment Prices Continue, "All of Seoul Will Be Taxed by 2030"
- "That's Made from Skinned-Alive Leather"... 'Million-Dollar Bra' Gold Medalist Faces Criticism over Luxury Bag
- "Baseball Stadium's 'Chimaek Rule' Overturned: New Clean-Eating Food Trends Replace Greasy Classics"
Recently, he has been highlighting the importance of silver. In February last month, Kiyosaki advised, "With just $10 (about 15,000 won) anyone can buy 'junk silver' (old physical silver coins). If you don't have money, skip a meal for a day to save that $10 and buy silver."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.