Kiyosaki warns that Boomers will be the losers once the ‘biggest crash in history’ comes

[Pelican Press 0]

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Kiyosaki warns that Boomers will be the losers once the ‘biggest ****** in history’ comes

Kiyosaki warns that Boomers will be the losers once the ‘biggest ****** in history’ comes

The U.S. stock market has seen clear sailing in 2024, with the S&P 500 up an impressive 28% year-to-date, but Rich Dad, Poor Dad author Robert Kiyosaki sees dark clouds on the horizon — and when the storm hits, it’s the one generation that will feel the brunt of it.

“BOOMERS are SOL: When the stock market bursts … BOOMERS will be BIGGEST LOSERS,” Kiyosaki

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As a boomer himself, he acknowledged that his generation has been lucky. Data supports that claim, with reports showing that Baby Boomers​​ are likely the wealthiest generation that has ever lived.

But that streak of fortune won’t last forever, he warned. “The biggest ****** in history is coming. Please be proactive and get rich … before the BOOMER’s go BUST.”

So, how can people prepare? Kiyosaki offered some sage advice.

“If I were a child of a BOOMER … I would nudge my parents to sell their home, stocks, and bonds now … while prices are high … before the ****** that is coming … and buy gold, silver, and Bitcoin now … before your BOOMER mom and dad move in with you … or expect you to pay for their rising healthcare or ******** costs.”

Kiyosaki’s recommendation to invest in silver and gold is hardly surprising — he has been a vocal proponent of precious metals for decades.

In October 2023,

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, “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.”

That forecast has gained traction. Gold prices surged in 2024, now standing at about $2,700 per ounce.

Silver and gold have long been considered popular hedges against inflation. The reason is simple: central banks can’t print precious metals in unlimited quantities like fiat money.

Kiyosaki revealed that he has been purchasing gold and silver mines since 1985 and now he “literally owns tons of gold and silver.”

These days, there are many ways to gain exposure to gold. You can own bullion, buy shares of gold mining companies or ETFs, or even

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Bitcoin has been another standout performer in 2024, rising approximately 128% year-to-date.

On November 29, Kiyosaki predicted, “Bitcoin will soon break $100,000.” On December 4, the cryptocurrency surpassed that milestone, grabbing headlines worldwide.

But Kiyosaki doesn’t see $100,000 as the end of the road. In a November 24 post, he posted a bold projection: “Q: what is the price of Bitcoin in 2025? A: $500,000 according to AI.” He did not specify which artificial intelligence model informed this prediction, but the ambitious target has certainly sparked interest.

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One reason Bitcoin attracts crypto enthusiasts is its built-in scarcity, often likened to digital gold. Like gold, Bitcoin can’t be printed at will by central banks. Instead, Bitcoin volume is capped at 21 million by mathematical algorithms.

Kiyosaki has warned that once Bitcoin crosses $100,000, it will become “almost impossible for the poor and middle class to catch up.”

He attributes this to the dominance of ultra-rich entities — such as corporations, banks, and sovereign wealth funds — who will be the only ones able to acquire Bitcoin in significant amounts.

“The horse will be out of the barn and running,” he wrote, urging people to act now. “Don’t let the rich get richer … without you.”

For those looking to hop on the crypto bandwagon, there are many options to buy Bitcoin, including online exchanges, brokers, and even ATMs. Be warned, they can charge up to 4% in commission fees, so look for

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, and always make sure you’re using a legitimate platform.

“Your house is not an asset” is one of Kiyosaki’s most

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. “What is the definition of the word? If it puts money in my pocket, it’s an asset. If my house is taking money from my pocket, it’s a liability,” he explained.

The

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website expands on this concept, pointing out that owning the home you live in often takes money out of your pocket in the form of mortgage payments, utilities, taxes and maintenance costs.

Rental properties, however, are a different story.

According to the website rental properties can generate significant, regular cash flow when purchased and managed wisely. Additionally, increases in rents and property values over time can create “an important supplementary revenue stream.” While all investments carry some risk, liquid assets are “generally less subject to the daily ups and downs” of the market.

Perhaps that’s why Kiyosaki once disclosed he owns 15,000 houses — strictly for

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The good news is you don’t need to be as wealthy as Kiyosaki to get started in real estate investing. There are plenty of real estate investment trusts (REITs) as well as

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that offer everyday investors access to institutional-quality property portfolios, allowing them to

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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#Kiyosaki #warns #Boomers #losers #biggest #****** #history

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