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RE: Robert Kiyosaki Once Again Spouting Off And Showing How Foolish He IS

in LeoFinance2 years ago

I never understood the sensation of saving gold and silver in individual level. They are so vague in terms of return.
Also, BTC doesn't sound lucrative for the upcoming days.
I agree, there are so many things that determine USD value. Only talking about a few and ignoring others sure indicate an evil cause.

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It is a religion and a total misunderstanding of money along with its history. People who believe this either are misleading people or completely clueless.

The bankers laugh at these people.

As for gold and silver, not a bad idea for diversification and as a hedge. But it is not a sensible investment strategy. Kiyosaki said he has been "investing" in gold for 50 years. This means he is touting that he got lackluster returns.

Not something I would be advertising.

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I agree. Investing in gold and silver is not a bad idea but there are plenty of other sectors where money can be pretty 'safe' and give us good returns.
We all have different investment strategies but misguiding and giving false impressions doesn't seem the right thing to do.