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Precious metals, like gold and silver, are widely favored as safeguards against inflation and economic instability. Kiyosaki agrees with this, acknowledging the U.S. dollar’s disconnection from the gold standard since 1971 during the presidency of Richard Nixon.

In October, 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.”

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Though Kiyosaki has reservations about the stock market, he appears unfazed by the volatile nature of cryptocurrency.

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Managing debt

While Kiyosaki advocates using debt to acquire assets, it’s important to remember that this approach carries many inherent risks.

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Who’s right?

If you’re unsure about where you fall on the debate between Kiyosaki and Ramsey, it might make sense to get a take from a qualified financial professional.

Kiyosaki often urges his followers on X to be cautious when choosing a financial advisor. Urging people to be cautious of the intentions of their advisors, part of a February post from Kiyosaki reads: “Don’t be a loser. Choose your financial advisors carefully.”

Advisor.com is an online platform that connects individuals with experts to help you understand your current financial situation and guide you towards a thriving financial future.

Through Advisor.com, individuals can be paired with a reputable financial advisor adept at helping you discover which alternative assets are best for you.

Once you get matched with a financial advisor, you can schedule a free consultation to discuss your goals and see which investment strategy meets your needs.


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Victoria Vesovski is a Staff Writer for Moneywise currently pursuing her Masters of Journalism at New York University.


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