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FameEX Hot Topics | Rich Dad Poor Dad Author, Robert Kiyosaki, Discloses Main Methods of Earning His Wealth

2023-12-27 16:26:20

Robert Kiyosaki, famed for his influential book "Rich Dad Poor Dad," co-authored with Sharon Lechter in 1997, has offered insights into the foundations of his wealth. The book, a global phenomenon, has sold over 32 million copies, been translated into 51 languages, and graced the New York Times Best Seller List for over six years, reaching readers in more than 109 countries.


In a December 24 social media post, Kiyosaki focused on the upcoming Vancouver Resource Investment Conference (VRIC), scheduled for January 20-21, where he is set to be a keynote speaker. He underscored the significance of this event for 2024's investors, asserting that the future of the stock and bond markets is more aligned with resource-focused startups than with Silicon Valley's tech sector. He attributes his own financial success to his investments in resources rather than in technology.


Kiyosaki's journey began at the VRIC 25 years ago, and he now invites others to join him at this vital conference, which he believes will mark the onset of a boom in the investment world. The VRIC, organized by Cambridge House International, is a gathering point for over 300 junior mining companies, highlighting exploration and production of essential commodities for the 21st century.


Jay Martin, CEO of Cambridge House and VRIC host, pointed out the event's relevance in the current context of de-globalization, predicting a surging demand for crucial resources amidst changing global trade patterns. In an interview with Stockpulse at last year's VRIC, Kiyosaki shared that his experiences there offered more learning about entrepreneurship and international trade than any other source. He encourages the youth to seek real-life experiences and warns against relying solely on academic learning, emphasizing the practical knowledge offered by miners at the conference. Kiyosaki cautions, however, that gold mining entails high risks.


At the VRIC, Kiyosaki's focus is on gold, silver, and copper. He recounted his successful venture with a silver mine in Argentina, bought by Yamana Gold, and his public listing of Trixie Mine in Utah. His portfolio includes substantial amounts of gold and silver, reflecting his investment practices.


Kiyosaki, a vocal supporter of gold, silver, and bitcoin, views these assets as the safest bets in turbulent times. He has been a staunch advocate for bitcoin, urging timely investment in the cryptocurrency and regularly sharing his reasons for investing in BTC. His investment strategy, blending tangible resources with digital assets like bitcoin, demonstrates his belief in diversified, strategic asset allocation in times of economic uncertainty, offering a blueprint for investors looking to navigate volatile markets.


Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.

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