RichDadPoorDad's Robert Kiyosaki has changed his mind about buying Treasury bonds after listening to economist Harry Dent. bitcoin
Rich Dad Poor Dad's Robert Kiyosaki Changes His Mind About Treasury Bonds — Says 'Time to Open My Closed Mind'
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.Opening my closed mind. I don’t invest in things Fed or Wall Street print. Time to open my mind. After listening to Harry Dent, I am buying U.S. Treasury 2-year bonds.
Some people questioned Kiyosaki’s decision to invest in low-yield bonds. “Why would one buy a 3% yield Treasury when real inflation is still over 17%? Additionally, Treasuries, like all paper assets, are tied to the dollar, and the ongoing paradigm shift is the END of dollar hegemony. IMO, stick to your original and ongoing advice of physical gold and silver.”
A third person commented that the Federal Open Market Committee is meeting on Sept. 21 and Federal Reserve Chairman Jerome Powell will likely raise interest rates again. Noting that Powell will probably raise rates “more than the market expects,” the Twitter user suggested that Sept. 22 “has a better chance as crash day.”
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