Post By: CryptosHeadlines.com

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has simplified Rich Dad’s first lesson, revealing why the wealthy tend to grow their wealth. He explains that they recognize the significance of safeguarding tangible assets like gold, silver, and bitcoin, which provide a lifetime of financial security and freedom.

Kiyosaki Deciphers Rich Dad’s First Lesson

The author of “Rich Dad Poor Dad,” Robert Kiyosaki, recently shared the key concept of Rich Dad’s first lesson on a social media platform. “Rich Dad Poor Dad” is a book co-authored by Kiyosaki and Sharon Lechter in 1997, and it has remained on the New York Times Best Seller List for over six years. It has sold more than 32 million copies in over 51 languages across 109 countries.

Kiyosaki’s lesson #1 is, “The rich don’t work for dollars.” He explains that the wealth of the rich can be eroded by taxes, inflation, and stock market fluctuations. Instead, the wealthy focus on assets that generate tax-free income, such as rental properties, oil, and food production. They also save in tangible assets like gold, silver, and bitcoin for long-term financial security and freedom.

Kiyosaki’s message is clear: The rich aren’t seeking jobs or paper assets. They aim to invest in assets that provide real, tax-free income and know how to save real assets like gold, silver, and bitcoin for lifelong financial security and freedom. This is the essence of Rich Dad’s first lesson.

Kiyosaki also explains why the poor and middle class struggle financially. They often seek jobs that offer a regular paycheck but lack job security. Furthermore, they work for income that is taxed. They tend to save in traditional currency and invest in assets like stocks, bonds, mutual funds, and exchange-traded funds (ETFs), which can be volatile and prone to losses.

Kiyosaki Advocates Gold, Silver, and Bitcoin

Renowned author of “Rich Dad Poor Dad,” Robert Kiyosaki, has long been a proponent of gold, silver, and bitcoin. He has made several forecasts about the prices of these assets. Recently, he predicted that Bitcoin (BTC) is on its way to $135,000, while gold is poised for an upward surge.

In August, he suggested that in the event of a global economic crisis, Bitcoin could reach $1 million, with gold hitting $75,000, and silver climbing to $60,000. In February, he projected that Bitcoin’s price would reach $500,000 by 2025, with gold potentially rising to $5,000, and silver reaching $500 within the same timeframe.

Immediate Bitcoin Purchase Advised

Last month, Kiyosaki urged investors to buy Bitcoin immediately, anticipating a rush to acquire BTC as stock, bond, and real estate markets face turmoil. He also expressed his confidence in the future of cryptocurrency, calling fiat money “fake money.”

According to his perspective, gold and silver represent “God’s money,” while Bitcoin is “people’s money.” In addition to warning about an impending major crash in real estate, stocks, and bonds, he cautioned that an increase in interest rates by the Federal Reserve could lead to a crash of the U.S. dollar.

Investment Allocation for Surviving the “Greatest Crash”

In a recent revelation, Kiyosaki shared an investment allocation to help investors navigate what he believes will be the “greatest crash in world history.” He also discussed his personal investment strategy, emphasizing that he is not trying to emulate Berkshire Hathaway CEO Warren Buffett.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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