"Rich Dad Poor Dad" Author: Will Continue to Buy Bitcoin, Ethereum, and Other Assets
ChainCatcher news, "Rich Dad Poor Dad" author Robert Kiyosaki posted in support of Trump's policy to open 401k retirement plans to alternative asset investments. Kiyosaki pointed out that Trump allows 401k investments in "alternative investments," including real estate debt, physical gold and silver, as well as cryptocurrencies such as bitcoin and ethereum. He believes this policy will enable more people to become wealthy and achieve financial security, while also extending the retirement age for the baby boomer generation.
Kiyosaki stated that traditional stock and bond markets are controlled by wealthy investment bankers, who harm the interests of the working class through workers' 401k plans. He mentioned that even Buffett has admitted that the baby boomer generation is being harmed, and inflation will erode the purchasing power of their 401k. As an alternative investor, Kiyosaki said he has never held a 401k, mutual funds, or ETFs, but instead invests from the perspective of a business owner and investor in the cash flow quadrant. He said he will continue to buy gold, silver, bitcoin, ethereum, oil, and real estate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies Q3 revenue beats estimates on growth in advisory, underwriting fees
South Korea KOSPI falls below 7000, turnover hits a new annual low, retail investors and foreign capital record net sales of 33 trillion won in a single month
The rise in U.S. Treasury yields and delays in Oracle data centers are dampening AI investment sentiment. Samsung and SK Hynix shares both fell by over 5% in a single day, with their respective stock buyback programs already 85.95% and 66.27% complete, leaving limited upside potential. Currently, the funds waiting to enter the market in Korean brokerage accounts amount to only 101.63 trillion won. The market is focusing on the U.S. PCE data on September 30 and Micron's financial results.
Ganfeng invests USD 180 million in Lithium Argentina via 6-year convertible note
Centuri names Michael Christy EVP, group development officer
Crypto prices
More
