Robert Kiyosaki, a well-known author and entrepreneur, believes that the traditional 60/40 investment strategy is ill-suited for the current market conditions. This strategy advises having 60% of one’s portfolio in stocks and 40% in bonds, but according to the author of “Rich Dad Poor Dad,” those who adhere to this allocation are “the biggest of losers.” Instead, Kiyosaki recommends allocating 75% of one’s investments to gold, silver, and Bitcoin, with the remaining 25% in real estate or oil. He believes such a portfolio may be more resilient in the event of a global economic crash.
In a recent post on X, Kiyosaki expressed his perspective, stating, “Forever and ever financial experts have promoted the idea ‘Smart Investors invest in 60/40, 60% bonds, 40% stocks. In 2024, 60/40 investors will be the biggest losers. Before going down with the ship, consider a shift to 75% Gold, Silver, Bitcoin, 25% real estate/oil stocks. This mix may allow you to survive the greatest crash in world history.”
Kiyosaki further emphasized the importance of a different investment approach. In a previous post, he shared his own experience, noting that his initial gold coin, purchased for $40, is now valued at $2,000. Rather than striving to emulate renowned investor Warren Buffett, he suggested that average investors should consider “Dollar Cost Averaging” when accumulating assets.
Kiyosaki’s investment insights come at a time when the price of Bitcoin is hovering above $34,000. Many anticipate that the benchmark cryptocurrency is on the cusp of a new bull market, potentially reaching highs of $125,000 by 2024. Currently, investors are closely monitoring the cryptocurrency’s price, especially as an upcoming Federal Reserve meeting and evolving geopolitical events could introduce increased volatility into the market.
