“Amir Dad Poor Father” writer Robert Kyosaki has said that the “biggest stock market crash” he has predicted in his 2014 book “Rich Dad’s prediction”.
In an X tweet recently, the financial guru highlighted whatever has been seen as a fundamental vulnerability in modern retirement systems. Kiyosaki contracted today’s defined contribution (DC) pension schemes with more safe defined benefits (DB) schemes of the previous generations of 401 (K) S and IRA.
“In a market accident … a DB Pension Scheme should be paid to the investor. In a market accident … A DC Pension Scheme only needs to pay what the investor has contributed … only if anything is left after a market accident,” Kiyosaki explained.
The financial teacher attributed this vulnerability to failures in the educational system, which he believes “lack of reliable financial education. He portrayed the current monetary system as a” corrupt and criminal monetary Ponji Yojana “.
Kyosaki: Buy gold, silver and bitcoin
The solution of Kiyosaki focuses on the physical asset ownership. He especially urged investors to “capture real gold, silver and bitcoins”.
Kiyosaki also advised against ETF investments in these assets, considering them as “fake as US dollars and American bonds”.
His fast stance on Bitcoin (BTC) has intensified with the Cryptocurrency initiative of the Trump administration. In the earlier tweet, Kiyosaki emphasized the importance of Trump’s bitcoin strategic reserve proposal and stated that it gives an example to leadership.
It is worth noting that many leaders in the Cryptocurrency sector, including Solana (Sol) co-founder Anatoli Yakovoko, doubt a reserve.
Kiyosaki is particularly important for those who have recently jet bitcoins during market instability.
He said, “Those who sell bitcoins in the previous accident are lost,” they said clearly.
