Robert Kiyosaki, author of 'Rich Dad Poor Dad', advises investing with inflation rather than against it
"Rich Dad Poor Dad" author Robert Kiyosaki joins 'Power Lunch' to talk his investing strategies amid historic inflation. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV ...(read more)
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"Invest with inflation, not against it" says "Rich Dad Poor Dad" author Robert Kiyosaki Renowned author and entrepreneur Robert Kiyosaki, known for his widely popular book "Rich Dad Poor Dad," has recently shared his perspective on investing in times of inflation. Kiyosaki believes that rather than fearing inflation, investors should learn how to utilize it to their advantage. Inflation is a term that often raises concerns among investors and individuals alike. It refers to the general increase in prices of goods and services over time, resulting in a decrease in purchasing power. Many people view inflation as a threat to their financial well-being, as it erodes the value of their savings and investments. However, Kiyosaki suggests a different approach. He argues that with the right knowledge and strategy, investors can harness the power of inflation to bolster their financial portfolio. By investing in assets that appreciate in value during inflationary periods, individuals can potentially protect their wealth and even enhance it. One of Kiyosaki's key recommendations is to invest in real estate. According to him, real estate is a tangible asset that tends to rise in value with inflation. As the cost of living increases, so does the value of properties, making real estate an attractive investment option. Additionally, Kiyosaki highlights the significance of investing in businesses and commodities. Businesses, particularly those in sectors that are less affected by inflation or even benefit from it, can offer a hedge against rising prices. Selecting businesses with strong cash flows and the ability to adapt to changing economic conditions is crucial. Commodities, such as gold and silver, have historically served as stores of value during times of inflation. These precious metals are considered a safe haven and can safeguard against the eroding effects of inflation on traditional currencies. In addition to his investment recommendations, Kiyosaki stresses the importance of financial education. He believes that by developing a deep understanding of the financial world, individuals can make informed investment decisions that take advantage of inflation rather than being a victim of it. Kiyosaki's advice aligns with his overall philosophy of striving for financial independence and escaping the "rat race." He encourages individuals to view inflation as an opportunity rather than a threat and to take control of their financial futures by adopting a proactive investment approach. However, it is important to note that investing always carries some degree of risk. The success of any investment strategy depends on various factors, including market conditions and the individual's knowledge and skills. Therefore, it is crucial to conduct thorough research, seek professional advice, and continuously educate oneself to make informed investment decisions. In conclusion, Robert Kiyosaki's perspective on investing with inflation provides a refreshing take on a subject that often sparks concern. By understanding how inflation works and strategically leveraging it through investing in real estate, businesses, and commodities, individuals can potentially safeguard and grow their wealth. Ultimately, financial education and a proactive investment approach are key to taking control of one's financial future. https://inflationprotection.org/robert-kiyosaki-author-of-rich-dad-poor-dad-advises-investing-with-inflation-rather-than-against-it/?feed_id=108396&_unique_id=648d2ea87a6b1 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #business #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #news #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews #InvestDuringInflation #breakingnews #business #cable #cablenews #CNBC #financenews #financestock #financialnews #money #moneytips #news #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews
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