Rich Dad Poor Dad author picks a new favorite asset

Robert Kiyosaki, the renowned author of the financial literacy classic Rich Dad Poor Dad, has recently shifted his focus to silver, touting it as the best investment opportunity in today’s market. Kiyosaki took to X to announce his latest investment move, revealing that he was purchasing more silver eagles on April 22nd due to the fact that the price of silver is currently well below its all-time highs.

“Silver is still 50% below its all-time high… today about $35,” Kiyosaki stated. “I believe silver will [be] 2X to $70 this year.” The financial guru emphasized the importance of buying at the right time, pointing out that profits are made when you buy, not when you sell. This makes silver a particularly attractive option for individuals with limited capital to invest.

While Kiyosaki also acknowledged owning “plenty of Bitcoin” and noted that gold is currently at all-time highs, he sees silver as a strategic investment choice given the current market volatility and concerns about inflation. Bitcoin has surged in value since March and is currently priced at $91,275.56, up over 5% in the last 24 hours.

With Bitcoin reaching record highs and gold prices soaring, Kiyosaki believes that silver presents a more affordable entry point for investors who may be hesitant to buy into assets that are already overbought. Additionally, author Fred Krueger has drawn parallels between Solana and silver in the crypto space, highlighting the potential for high returns with a low entry cost.

In conclusion, Kiyosaki’s endorsement of silver as a top investment opportunity underscores the value of diversifying one’s portfolio and seizing opportunities in undervalued assets. As the market continues to fluctuate, exploring options like silver and cryptocurrencies such as Solana could prove to be lucrative moves for savvy investors looking to capitalize on emerging trends.