Robert Kiyosaki, author of "Rich Dad Poor Dad," said on X that he sold about $2.25 million of bitcoin at roughly $90,000 per coin, assets he bought years ago near $6,000. He plans to use the proceeds to acquire two surgery centers and invest in a billboard business, targeting approximately $27,500 per month in tax-free cash flow by next year. Kiyosaki added he remains bullish on bitcoin and intends to re-accumulate using the new cash flow. https://t.co/mELfkhs2J9 ...

Core Viewpoint - Robert Kiyosaki warns about the risks of "fake money" and the impact of liquidity stress on global markets, suggesting that the current market crash is driven by a need for cash [1][2]. Group 1: Market Analysis - Kiyosaki attributes the market crashes to the global need for cash and anticipates that governments will respond by printing more money, which he refers to as "The Big Print" or "The Bug Print" [2]. - He believes that as fiat currency is devalued due to excessive printing, alternative assets like gold, silver, Bitcoin, and Ethereum will increase in value [2]. Group 2: Investment Strategy - Kiyosaki expresses confidence in bullion, Bitcoin, and Ethereum, contrasting his views with those of Warren Buffett, who favors stocks and bonds [3]. - He plans to buy more Bitcoin after the market crash, emphasizing its limited supply of 21 million coins as a key factor for its long-term value [4].

“Rich Dad Poor Dad” author Robert Kiyosaki is doubling down on his message that being an entrepreneur is the safest path in today's unstable economy. Layoffs Surge In a recent post on X, Kiyosaki reacted to news that executive outplacement firm Challenger, Gray & Christmas expects 153,000 American workers to be laid off. “Breaks my heart,” he wrote. “Few events in anyone's life are more painful than being fired.” But Kiyosaki then contrasted that pain with his own path. “I've never been fired because I ...

Core Insights - The article emphasizes the importance of preparing for tax season by considering how to wisely spend tax refunds, particularly advocating for investing in personal finance education [1][2] Group 1: Financial Education - Investing in financial education is highlighted as a key use of tax refunds, with Robert Kiyosaki suggesting that this investment will yield long-term benefits [1][2] - Kiyosaki encourages purchasing financial education books, stating that spending on good books is a valuable investment, as it enhances financial literacy [3] - Continuous learning is stressed, with Kiyosaki mentioning his own practice of reading various books to understand money, investing, and historical patterns [4] Group 2: Staying Informed - Subscribing to financial publications is recommended as a means to stay informed about business and finance, with specific publications like The Wall Street Journal and Bloomberg Businessweek mentioned [5] - Kiyosaki emphasizes the importance of daily reading of various financial materials to remain updated on current events, which allows for the application of financial knowledge in real-time [6] Group 3: Coaching and Accountability - The article suggests hiring a coach for motivation and accountability, as even successful individuals like Kiyosaki benefit from such support [7]