Robert Kiyosaki is spreading the word that many of his previous financial predictions are, sadly, coming true.
In posts on X from 2024, Kiyosaki wrote: "BABY BOOMERS BUST. Tragically biggest bubble in history will wipe out baby boomers because Boomers are the first generation with flimsy 401Ks. Stock market set to crash.” As well as “The S&P is next, which will toast millions of 401Ks and IRAs.”
Kiyosaki recommends two types of alternative investments — gold and bitcoin — that can help protect your wealth from volatile markets.
Hedge your portfolio with gold
Unlike fiat money, which can be printed anytime, gold can’t be spun out of thin air. This makes it a popular choice for those seeking to hedge their wealth against the ups and downs of public markets — and a top choice of Robert Kiyosaki, who has been investing in this asset class since 1972.
In October last year, Kiyosaki predicted, “Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700.”
With gold currently around $2,700 an ounce, it looks like his predictions are coming true again.
With gold prices so high, the average investor may worry that they don’t have the funds to break into this rising market. However, opening a gold IRA can give you access to this stable commodity, and can grow your retirement fund at the same time.
A gold IRA combines the tax advantages of an IRA with the inflation-resistant properties of gold.
If you’d like to convert an existing IRA into a gold IRA, companies typically offer 100% free rollover. Others might offer free gold, silver or other metals up to a certain amount when you make a qualifying purchase.
Get started today with these industry-leading precious metals dealers:
Thor Metals
Get $20K in free metals
Preserve Gold
Up to $20K cashback
U.S. Gold Bureau
Up to $20K in free gold
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