Do as I say, not as I do!
Apparently the worst is yet to come, at least according to Rich Dad Poor Dad
Can we really trust someone with 4 names anyways?!
Irregardless, this guy has been a hugely influential writer in the retail investing space for some time now.
He has millions of fans and millions of followers on Twitter.
Interestingly enough he has also become a big bitcoin fan as of late.
However, yesterday he told us not to do what he did:
(Source: https://twitter.com/theRealKiyosaki/status/1309481695511339009)
Technically he told us today, but he did it yesterday. Confused yet?
He bought gold silver and bitcoin but now sees that the cash is still king and is likely to be seen as the only true safe haven in the world.
Once we get passed all this near term drama he thinks bitcoin gold and silver will work quite well again, but until then, it may be rocky.
So, don't be like Rich Dad Poor Dad.
Don't get 4 names.
Oh and don't invest your cash just yet because it could get a lot worse before things eventually turn back up.
I don't share his views as I also am continuing to buy bitcoin at the current level, but I'm no multimillionaire best selling finance author either.
I'm just a dude on the internet, what could I know?! :)
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..Cash is trash" was his slogan once.
Look at him now. But he got rich on this slogan.
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Hey, do as I say, not as I do! Unless I do the opposite of what I say, then do what I do and not what I say! lol confusing
Very confusing indeed.
Could have phrased this much more positively.
"The sun is shining, the seagulls are singing, I had a great breakfast this morning and Christmas just a few months away. I think I will buy some Gold, Silver and Bitcoin ... just not a lot but save some cash for Christmas!" ~ Bob, the Pirate. Author of Rich Pirate, Poor Pirate. ☠️
Yep, I agree. Him getting bearish now probably means we are near the bottom. Stocks and bitcoin have already dropped 11% and 20% respectively.