“We’re on the edge of a cliff right now. When you’re investing for the long term in the stock market where there is no connection between stock price and reality, you’re crazy.” –Rich Dad Poor Dad author Robert Kiyosaki
In a recent interview with Marketwatch.com, Robert Kiyosaki had some very interesting things to say – things that make a whole lot of sense.
When discussing how the rich get rich, Kiyosaki discussed how the rich don’t work for money. He also discussed how one of the reasons for that is the fact that money is no longer money. He went on to discuss the decision by former President Richard Nixon to take the U.S. off of the gold standard, a decision he said, “basically screwed the world.”
When asked his advice on what to invest in now, he stated: “My answer is always the same. You got to come up with your own answers.”
He went on to state: “I love gold, I was buying gold at 70 bucks an ounce. I’m a gold bug.”
Particularly noteworthy were some of his thoughts on money versus assets. These thoughts were summed up like this:
“Money is the problem. It’s the money, stupid. We’re printing it, we’re printing it, we’re printing it and it’s corrupt. And it’s toxic. Stop working for money, start acquiring assets. Use your brain.”
If you think about this for a moment, what better asset to buy than physical gold, silver and other precious metals?
Is the money printing likely to stop any time soon? Probably not.
Could negative interest rates spread further? Certainly possible.
Will global stock markets crash again? We’d bet on it.
Will the dollar and other fiat currencies continue to lose value? All paper currencies lose value over time.
Whether you are a fan of Kiyosaki’s or not, he certainly does illustrate some very valid points in his comments. He also brings a different perspective for many when it comes to building wealth and investing for the future.
In our view, his comments about acquiring assets rather than simply chasing money make a lot of sense.
If you are ready to start thinking less about money and more about assets, now is the time.
Physical gold and silver have been revered as a reliable store of value and protector of wealth for thousands of years. While these metals may be used as money, they are hard, tangible assets that you can hold in your hand. In fact, these precious metals may potentially provide a meaningful hedge against declines in the value of paper money and a corresponding loss of purchasing power.
If you are ready to start acquiring assets today, speak with an Advantage Gold account executive. Our precious metals professionals can discuss the potential benefits of physical precious metals ownership with you, and can even show you how to acquire and hold these assets in your IRA account.
Don’t wait for the next stock market crash or for gold and silver prices to skyrocket. Begin building your financial future today by calling us at 1-800-341-8584.Tags: advantage gold, gold, gold standard, money printing, real assets, rich dad, robert kiyosaki, stock market collapse