"Invest when your underpants go away.
"Invest when your underpants go away.
Author of Rich Dad, Poor Dad, Robert Kiyosaki sees the market crash as an opportunity to get richer:
Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has a unique perspective on the market crash. He believes that in times of chaos, the brave get richer and the cowards get poorer.
What Happened: Kiyosaki took to the X website to share his thoughts on the current market situation. He expressed excitement about the market crash, saying that this is an opportunity to buy more BTC/USD bitcoins, gold and silver. He also urged investors to stay calm and invest when others get out of the game.
Crash is the time when brave people get richer and cowards get poorer..... Because they sell or do nothing. The world is full of poor cowards. Be smarter. Be brave, be calm and invest when the cowards leave. Take care of yourselves, Kiyosaki wrote. His comments came amid a significant market downturn that has spread around the world. This situation has caused concern among leading financial experts, some of whom have warned of a worsening market downturn.
Why it matters: Kiyosaki's views on the market crash are consistent with his recent statements. Just a few days ago, he called the recent stock market crash an opportunity for wealth accumulation and repeated his "rich daddy" admonition. But the market downturn has raised concerns among other financial experts. The decline in the global stock market that began in the U. S. spilled over to Japan, and the Nikkei 225 and Topix indices fell sharply.
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