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‘Rich Dad Poor Dad’ Author Warns of Bond Risks, Favors Bitcoin After ETF Approval

Published 05/27/2024, 06:56 PM
Updated 05/27/2024, 07:45 PM
© Reuters.  ‘Rich Dad Poor Dad’ Author Warns of Bond Risks, Favors Bitcoin After ETF Approval
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  • Robert Kiyosaki’s critique challenges the perceived safety of bonds.
  • The concept of “safe deposits” is questioned, urging investors to rethink traditional havens.
  • Bitcoin’s potential for growth is underscored by recent regulatory approvals.

In the world of finance, where stability and security are paramount, the long-held belief that “bonds are safe” has been challenged by Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad.”

Kiyosaki’s assertion questions the conventional wisdom that bonds are a secure investment option, suggesting they may not be as risk-free as commonly believed. This shift in perspective has reignited a debate among investors, particularly as Kiyosaki champions alternative assets like Bitcoin over traditional bonds.

The core of Kiyosaki’s argument lies in the inherent risks associated with bonds, especially those linked to commercial real estate. He contends that, contrary to the perception of safety, bonds t…

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