Earlier today (March 21), Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, gave his latest thoughts on the relationship between money and happiness.
“Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial aptitude.”
At various times during the current COVID-19 pandemic, Kiyosaki has been criticizing the Federal Reserve’s response to the resulting economic fallout and strongly urging his large following on social media platforms to protect themselves from what he feels is inevitable high inflation (and possibly hyperinflation) in the future by using their fiat holdings to buy silver, gold, and Bitcoin.
Episode #263 of Anthony Pompliano’s “Pomp Podcast”, which was released on April 7, featured an interview with Kiyosaki.
During this interview, Pompliano (aka “Pomp”) asked for Kiyosaki’s thoughts on “traditional inflation hedge” assets.
“Gold and silver are God’s money. Bitcoin is open source people’s money.“
Anyway, earlier today, Kiyosaki said that despite what some people think, money “makes people happy” and pointed out that the key to staying happy is buying silver, gold, and Bitcoin, which are examples of what he calls “real money.”
On March 15, Kiyosaki said that free fiat money only “makes poor and middle class poorer” and recommended to his followers that they should be buying more silver, gold, and Bitcoin.
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.