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<a href="https://coingape.com/robert-kiyosaki-advocates-bitcoin-amid-impending-brics-crypto-launch/" target="_blank" rel="noopener noreferrer nofollow">Robert Kiyosaki</a>, the Author of the Financial Bestseller “Rich Dad Poor Dad” has slammed the narrative around the safety of Bonds, advocating buying Bitcoin (BTC) at the same time.
<h2 id="strong-the-issue-with-bonds-strong">The Issue With Bonds&nbsp;</h2>
According to Robert Kiyosaki, the biggest lie that financial planners tell their prospective clients is that “Bonds Are Safe.” Discounting these claims, Kiyosaki noted that most of the so-called “sophisticated” investors generally take losses on their bonds when commercial real estate plunges.
Beyond commercial real estate, the financial expert also highlighted that the “once glamorous office real estate market cannot make loan payments which will take down so-called ‘sophisticated’ investors when AAA bonds crash.”
In reality, many who desire financial freedom are known to embrace highly risky assets like Bitcoin and crypto. However, older investor class prefer Bonds, which are deemed to be generally non-conforming to the extreme volatility that investors face daily. Bonds to a very reliable extent provides a cushion that investors have held onto over time.
<blockquote class="twitter-tweet">
 BIGGEST LIE financial planners tell gullible, mom and pop investors: The lie is: “Bonds are safe.” Millions of even so-called “sophisticated” investors will take losses when so-called AAA bonds crash when commercial real estate crashes. The once glamorous office real estate…
 — Robert Kiyosaki (@theRealKiyosaki) <a rel="noopener noreferrer nofollow" href="https://twitter.com/theRealKiyosaki/status/1794753029905793068?ref_src=twsrc%5Etfw">May 26, 2024</a>
</blockquote>
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Robert Kiyosaki’s new stance has sparked a new basis for debate. He took his own counsel further when he stated that the “safe deposit” narrative in mainstream finance is not the safest thing as well. He emphasized that this is so as anything that gives investors risk-free returns turns out to be the riskiest things.
The Rich Dad Poor Dad writer is known to always give this counsel, with a signature recommendation on what to invest or pay attention to in the long term. Rather than bet on bonds, he advised investors to get real assets like Gold, Silver and Bitcoin before the prices of these assets will explode.
<h2 id="strong-why-is-bitcoin-ideal-now-strong">Why Is Bitcoin Ideal Now?</h2>
Bitcoin and its associated digital currencies are generally featured as top avenues to inject capital. This is because of the recent evolution in the crypto ecosystem. This year alone, the <a href="https://coingape.com/spot-bitcoin-etf-trading-officially-resumes-on-national-exchanges/" target="_blank" rel="noopener noreferrer nofollow">spot Bitcoin ETF</a> approval has been granted by the United States Securities and Exchange Commission (SEC), setting the stage for institutional capital inflow.
Besides this, the industry recorded the <a href="https://coingape.com/bitcoin-halving-finished-top-5-celebrity-reactions/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin halving</a> event a few weeks ago, compounding the supply crunch around the coin. With this, chances are that the coin will keep growing in valuation over time. To Robert Kiyosaki, Bitcoin is on its way to <a href="https://coingape.com/bitcoin-btc-price-to-hit-300k-2024-predicts-rich-dad-poor-dad-robert-kiyosaki/" target="_blank" rel="noopener noreferrer nofollow">soar toward $300,000</a> price mark that he presented recently.
Read More: <a href="https://coingape.com/coinbase-and-sec-file-stipulation-and-proposed-protective-order/" target="_blank" rel="noopener noreferrer nofollow">Coinbase and SEC File Stipulation and Proposed Protective Order</a>
The post <a href="https://coingape.com/robert-kiyosaki-slams-bonds-are-safe-claims-advocates-buying-bitcoin/" rel="noopener noreferrer nofollow">Robert Kiyosaki Slams “Bonds Are Safe” Claims, Advocates Buying Bitcoin</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Robert Kiyosaki Slams “Bonds Are Safe” Claims, Advocates Buying Bitcoin

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