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Home»Regulation»Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice
Regulation

Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice

NBTCBy NBTC02/10/2024No Comments2 Mins Read
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Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.”

Kiyosaki’s Take on a Strange Investment Pitch

Robert Kiyosaki, financial educator and author of “Rich Dad Poor Dad,” warned his followers on social media platform X Monday to be cautious of investment pitches. His book, Rich Dad Poor Dad, co-authored with Sharon Lechter in 1997, has sold over 32 million copies in 51 languages across 109 countries and remained on the New York Times Best Seller List for more than six years.

“When times get weird … the weird turn pro,” the famous author described in his post. “A friend was pitched an investment in Iraqi Dinars. I do not know anything about the investment potential of Iraqi Dinars.” He added:

What was weird was the person pitching the deal. She said: ‘Jesus told me to tell everyone that Iraqi Dinars are safest and the best.’

Kiyosaki responded to the strange encounter with humor. He shared: “Being the wise ass that I am … I jokingly replied: ‘I never said that.’”

He proceeded to caution his followers:

It’s getting weird … so please be extra careful … who is giving you investment advice … even if it is Jesus.

Kiyosaki’s message serves as a reminder to critically evaluate the credibility of investment advice, no matter how unusual the source may seem.

The acclaimed author himself has given various advice, particularly regarding gold, silver, and bitcoin as safeguards against economic instability. He regularly warns that traditional currencies are susceptible to inflation and central bank policies, urging asset diversification into these alternatives. He emphasized that these options can protect wealth during financial crises, predicting a crash of the U.S. dollar and encouraging investors to move away from conventional markets.

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