

The Sharpe ratio is pretty good, so you can leverage it in low-rate environments. It doesn't make a lot, but it hardly takes any damage. There's something called a permanent portfolio which uses 25% gold, 25% stocks, 25% long-term bonds, 25% cash. Kiyosaki has previously advised stockpiling cans of tuna and baked beans to get ahead of inflation. The "Rich Dad Poor Dad" author urged investors to be bold and buy discounted assets during a crash. Robert Kiyosaki expects stocks, bitcoin, gold, silver, and real estate to plummet in price. So I buy BTC at $20, gold at $250, silver at $10? I will be waiting haha. Replaced it with the link with the following summary. Napoleon Hill just lists desire, if I remember correctly.īut RDPD isn't free like this book, well, technically all books can be free through various kinds of libraries. Liabilities in a pragmatic sense, and cashflow quadrant). Not too actionable like Think and Grow Rich, but at least he provides a realistic paradigms with which to think about wealth (Asset vs. I don't think too highly of Robert in the integrity department, but Rich Dad Poor Dad isn't a bad book. Past doesn't predict future so who knows. Gold dominated in the 1970s and 2000s, when stocks went no where.

What is unprecedented is the amount of debt. Oh we've had this happen before, the 1970s.
