'Wealthy Dad Poor Dad' writer reveals the right way to survive the present market crash

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U.At this time – Robert Kiyosaki, investor, entrepreneur and writer of the favored e book on monetary literacy, Wealthy Dad Poor Dad, despatched an vital message to his giant following on the X-Platform about what is occurring available in the market immediately.

Whereas inventory costs have plummeted, he believes there may be nonetheless alternative for buyers and entrepreneurs.

“The inventory market crashed. Now it's your flip to get wealthy.”

Kiyosaki tweeted that the inventory market crash was right here. Shares plummeted 600 factors on Friday, with the Nasdaq plummeting 2.4% and the S&P 500 down 6% from its current all-time excessive.

Robert Kiyosaki reminded X's 2.1 million followers that he had predicted the crash in quite a few tweets over the previous few years. The Wealthy Dad, Poor Dad writer had repeatedly warned {that a} crash was coming quickly.

He mentioned one transfer now’s to benefit from the get-rich-quick alternative he believes has now introduced and “begin shopping for property at discount costs.” He acknowledged that the losses many buyers and firms are at the moment dealing with are “substantial.”

Referring to the aforementioned e book and utilizing the above suggestion, he mentioned, “Wealthy Dad taught my son and me that when the market is crashing, that's when the wealthy get richer.”

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$350,000 in August

In early June, Robert Kiyosaki shocked the crypto neighborhood with a startling prediction about how a lot the world's main cryptocurrency would soar this yr. Kiyosaki tweeted that he anticipated Bitcoin to soar to the $350,000 degree.

He defined that this isn't really a prediction, however relatively a “objective, a dream, a want.” Curiously, he additionally revealed that he holds and buys not solely Bitcoin, but additionally main altcoins and Bitcoin particularly.

Kiyosaki has been actively tweeting about Bitcoin since at the least the beginning of the pandemic in 2020, and continues to accuse the U.S. authorities of printing “pretend” U.S. {dollars} to prop up the economic system. This yr, the finance guru gave one other large cause to anticipate a Bitcoin surge: the dimensions of the U.S. nationwide debt has (as of now) reached a staggering $35 trillion.

This text was initially revealed on U.At this time