AGAIN ROBERT KIYOSAKI WROTE THIS đ
The price of gold has hit all time highs. Since 2000 the people who invested in gold have done very well.
I am one of those investors. I own physical goldâŠ. No paper gold ETFs.
Unfortunately higher gold prices generally means investors are becoming pessimistic. Many investors shift out of stocks and start buy defensive assets.
So higher gold prices are not necessarily a good sign.
If a major stock market crash occursâŠ. Which I am expectingâŠ. Because the stock market has been high for too many yearsâŠ. This is not good news for people who do NOT own gold, silver, and Bitcoin.
History has shown usâŠeven non-investors and poor people are happier in a bull marketâŠalthough not getting richer.
When this very high stock market crashes⊠non-investors and the poor will sufferâŠ.possibly become depressedâŠ.while the rich smart investors who sell at a market topâŠ. Which they are doing nowâŠ.and sit on piles of cashâŠready to pick up assets at bargain pricesâŠ.after the crash.
If I was one of those who did not invest in one of the biggest and longest bull markets in historyâŠ.I would learn from my non-action.
When this market crashesâŠand you have nothing because you did nothingâŠI would do what smart investors will be doingâŠ.Which is to take my time⊠studyâŠjoin an investment clubâŠ.watch for bargainsâŠ.and start buying assets at low pricesâŠcarefully.
Then in a few yearsâŠ. When another bull market risesâŠyou will be one of the richer smarter investors.
The lesson is: âsmart investors get richâŠ.regardless if markets are going up or down.â
If you missed this last bull marketâŠdonât worryâŠ.anothe one is coming your way.
This is the timeâŠ.even if the economy goes into a depressionâŠ.to be patientâŠjoin an investment clubâŠ.get smarterâŠdonât get greedyâŠ.identify IbargainsâŠ.get richerâŠ.and take care.