Core Insights - Robert Kiyosaki, known for "Rich Dad Poor Dad," advocates for investments in precious metals, cryptocurrency, and real estate over fiat currency, which he labels as "fake government money" [1] - Kiyosaki's controversial stance includes the assertion that "Savers are losers" and that cash savings are not a viable strategy in the current economic climate [2][3] Group 1: Cash Savings vs. Investments - Kiyosaki's advice to abandon cash holdings may seem outdated, especially during periods of economic uncertainty, as cash savings provide liquidity that other assets may not [3][4] - The Consumer Finance Protection Bureau (CFPB) emphasizes the importance of maintaining an emergency fund for unexpected expenses, suggesting that cash reserves are still necessary [4][5] Group 2: Performance of Precious Metals - Investments in gold and silver have yielded significant returns, with gold appreciating nearly 300% and silver 335.8% over the past decade, validating Kiyosaki's recommendations for these assets [6] - Despite the high returns, there is a risk for short-term investors who enter the market at current all-time highs, as potential market dips could lead to substantial losses [7]

Heard on the Street: The magnitude of the cash savings from this summer’s federal tax legislation is starting to take shape at America’s biggest companies https://t.co/pyRCVT8nU7 ...