R. Kiyosaki explains how to not be a loser during ‘this giant crash’ 

Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has shared insights on how investors can navigate what he termed as a ‘giant crash.’

Kiyosaki noted that investors can use the crash—which he believes is already underway—to build wealth rather than succumb to fear, provided they remain strategic, he said in an X post on November 10.

The celebrity investor referenced the 2008 financial crisis, highlighting how discounted assets, particularly real estate, became profitable for those who seized the opportunity.

Kiyosaki likened the current economic landscape to a ‘giant sale,’ where quality assets are becoming more affordable. 

He noted that while market volatility might lead to fear and tempt some to panic-sell, those who view it as a buying opportunity could emerge stronger on the other side.

“In 2008, the  best real estate went on sale, all over the world….and some of you know my favorite four-letter word is “Sale.” Although I do not need to get richer…. I have a tough time passing up a “SALE.” Don’t be a loser and panic during this crash.  Please use this giant crash…. A giant sale…. TO GET RICHER….while losers get poorer,” Kiyosaki. 

The banking crash 

In his warning about the market crash, Kiyosaki pointed to sectors such as banking, which he believes is already experiencing turmoil. 

As reported by Finbold, he has cautioned that the banking sector collapse is already in progress. This warning referenced the intervention of regulators at Oklahoma’s First National Bank of Lindsay following suspicions of fraud at the institution.

Kiyosaki noted that this crisis may make it challenging for banks to stay afloat, a scenario that creates opportunities for alternative investments.

To this end, one of his recommended wealth preservation options is putting money in silver. He stated that investors can snap the precious metal while it is still affordable for a chance of profit as economic pressures mount.

“Even if you have very little money, you may still be able to profit from this crash. All you need is a few extra dollars…. Because you can still afford to buy a few real silver coins… before silver doubles and triples. One definition of a loser is someone who knows what to do…. But doesn’t do it. Silver is still just $30, which is about 50% below its all-time high,” he said.

Silver one-week price chart. Source: TradingView

Kiyosaki’s warning on historic market crash

This projection aligns with Kiyosaki’s longstanding warning of a market crash, which he believes will be catastrophic in the long run. 

The investor has mainly advocated putting money in alternative assets, particularly gold, silver, and Bitcoin (BTC). Notably, he has predicted Bitcoin could reach $500,000 by 2025.

It’s worth noting that the financial educator is warning of an ongoing crash despite the stock market and cryptocurrencies reaching new highs amid positive investor sentiment surrounding the second term of Donald Trump in the White House.

Kiyosaki had initially stated that the economy was facing a downturn regardless of the outcome of the U.S. presidential elections.

Disclaimer: The featured image in this guide is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted.

Source: https://finbold.com/r-kiyosaki-explains-how-to-not-be-a-loser-during-this-giant-crash/