What Robert Kiyosaki is buying (and selling) now
What Robert Kiyosaki is buying (and selling) now Share
Cryptocurrency Aug 7, 2024Robert Kiyosaki is one of the most high-profile investors in the world thanks to the popularity he accrued through his best-selling personal finance book ‘Rich Dad Poor Dad’ as well as numerous other manuscripts co-authored with multiple prominent figures, including former President Donald Trump.
While records aren’t fully public, Kiyosaki is vocal enough about his market activities that it is not difficult to follow his investment strategy. Indeed, the famous author regularly makes X posts explaining his trading philosophy and what he is doing with his money – and his breathtaking debt – at any given time.
The overall picture provided by the hundreds of tweets is, in fact, fairly stable, and Robert Kiyosaki has been very consistent in recommending a handful of commodities and cryptocurrencies as the best investments available.
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‘Rich Dad’ Kiyosaki’s favored commodities
Given Robert Kiyosaki’s reputation for preferring hard, tangible assets, it comes as no surprise that he has repeatedly endorsed two of the world’s biggest precious metals: gold and silver.
I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver is found. Same with oil. I own oil wells also. That is not true with Bitcoin. No matter how high the price of Bitcoin goes there will only…
— Robert Kiyosaki (@theRealKiyosaki) March 14, 2024
The author has also repeatedly stated he is continuously building his commodity position in an approach that, judging by gold and silver’s to-date performance in 2024, appears like a winning strategy.
Additionally, Kiyosaki is known for going beyond simply investing in commodities and also owns the means of production for some of them. For example, the prominent investor is known for owning oil wells, lithium startups, and Wagyu cattle farms.
‘Rich Dad’ Kiyosaki’s favored cryptocurrencies
As much as Robert Kiyosaki likes tangible assets like real estate, gold, and oil wells, he is also highly bullish about certain cryptocurrencies, with Bitcoin (BTC) being a particularly prominent and frequently discussed example.
The author has repeatedly juxtaposed ‘fake money’ – fiat currencies such as the American dollar – with ‘real money’ such as Bitcoin. He even went as far as to say BTC has some advantages over gold and silver since, unlike the two precious metals, the coin’s supply is truly finite and set at 21 million.
Still, as big a fan of Bitcoin as Kiyosaki is, his involvement with the crypto markets extends to certain other digital assets and primarily to Ethereum (ETH) and Solana (SOL).
Finally, the investor and author is likely to have purchased significant quantities of the three cryptocurrencies due to the early August downturn, and his repeatedly expressed excitement about market crashes as opportunities to buy valuable assets at a discount.
What ‘Rich Dad’ R. Kiyosaki is selling
Figuring out what ‘Rich Dad’ Kiyosaki is selling is far more challenging than gauging what he is buying, especially since the real estate investor came out against house flipping in 2010 in the wake of the Great Recession.
Still, it remains certain the author is selling his books, the most recent being co-authored with James Rickards and published in 2023, and his numerous and frequently controversial courses.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.