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The writer of “Wealthy Dad, Poor Dad” reveals tips on how to survive the present market crash

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U.At the moment – Robert Kiyosaki, an investor and entrepreneur also called the writer of the favored monetary literacy e book “Wealthy Dad Poor Dad”, reached out to his many followers on the X platform to ship an necessary message about what's occurring. now on the markets.

Whereas they’re failing, they nonetheless see alternative for traders and entrepreneurs.

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“The inventory market is crashing. Now it's your flip to get wealthy”

Kiyosaki tweeted that there was a inventory market crash. It fell 600 factors on Friday, the Nasdaq fell 2.4%, the S&P 500 fell 6% from a latest all-time excessive.

Robert Kiyosaki reminded his 2.1 million followers on X that he predicted this fall in his quite a few tweets issued over the previous few years. The writer of “Wealthy Dad, Poor Dad” has warned many instances that the crash is coming quickly.

One technique to behave now, he says, is to reap the benefits of the get-rich alternative he believes has now arisen — to start out “shopping for property at discount basement costs.” He admitted that the losses many traders and firms now face are “substantial”.

He referenced his e book above and acknowledged that “Wealthy Dad taught my son and me that when the markets crash, that's when the wealthy get richer,” utilizing the recommendation from above.

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to $350,000 in August

In early June, Robert Kiyosaki stunned the crypto group with a surprising prediction of how excessive he expects the world's flagship cryptocurrencies to skyrocket this 12 months. Kiyosaki tweeted that he expects Bitcoin to rise to the $350,000 degree.

He defined that it wasn't really a prediction, however reasonably his “aim, dream and want”. Curiously, he additionally revealed that he holds and buys not solely Bitcoins, but in addition main altcoins, particularly and .

Kiyosaki has been actively tweeting about Bitcoin since no less than 2020, when the pandemic landed, and has constantly accused the US authorities of printing “faux” US {dollars} to prop up the economic system. This 12 months, the monetary guru gave one other huge motive for his expectations for Bitcoin to rise – the dimensions of the US nationwide debt has (now) reached a staggering $35 trillion.

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This text was initially revealed on U.At the moment

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