Wikimedia Commons Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. With housing affordability being a pressing issue in America, buying a nice home usually means shelling out a small fortune. But “Rich Dad, Poor Dad” author Robert Kiyosaki says he managed to snag a multi-million-dollar mansion without ever cutting a seven-figure check out of his pocket. Must Read “So I just paid for my house. They wanted $4.5 million for it,” Kiyosaki said in a recent a ...

Core Insights - Robert Kiyosaki expresses concerns about the stability of the U.S. dollar and endorses Bitcoin and Ethereum as safer investment alternatives [1][4] - Kiyosaki advocates for investing in hard assets and decentralized networks to protect wealth amid potential financial crises [2][5] Group 1: Investment Strategy - Kiyosaki suggests that holding cash in banks may lead to losses due to fiat currency devaluation, promoting investments in Bitcoin, gold, silver, and Ethereum [2][5] - His recent endorsement of Ethereum indicates a shift in perspective, recognizing its potential beyond speculation to include tokenized assets and smart contracts [3][4] Group 2: Market Trends - Kiyosaki's strategy reflects a broader trend towards diversification in investment portfolios as a means of wealth preservation during uncertain economic times [5] - His concerns about the Federal Reserve's monetary policy resonate with wider apprehensions regarding the long-term value of fiat currencies [4]