Robert Kiyosaki portfolio shows profit
Robert Kiyosaki portfolio
If you had invested $1,000 at the beginning of 2024 in the assets recommended by Rich Dad Poor Dad author Robert Kiyosaki, their total value today would have reached $1,620, reflecting a growth of 62% in less than a year.
Key takeaways
- Robert Kiyosaki has been advocating for investments in gold, silver, Bitcoin, and other cryptocurrencies for several years.
- A $1,000 investment in precious metals and cryptocurrencies from the author's portfolio could have generated more than 62% returns in a year.
- Gold and Bitcoin are expected to continue appreciating due to their scarcity, making them "safe haven" assets that investors actively purchase during economic uncertainty.
- Bitcoin strategies are supported not only by Kiyosaki but also by figures like MicroStrategy founder Michael Saylor.
What the bestselling author recommends
As Finbold reports, Robert Kiyosaki, the author of the bestseller Rich Dad Poor Dad, has long been a proponent of alternative investments, favoring them over traditional financial assets. His approach to portfolio building emphasizes precious metals like gold and silver, as well as cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
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Kiyosaki openly criticizes fiat currencies, calling them "fake money" and predicting their eventual collapse. He also expresses gratitude to investors who choose alternative assets over traditional financial institutions. But how has the author's portfolio performed in 2024?
Kiyosaki portfolio performance in 2024
Kiyosaki's portfolio includes gold, silver, Bitcoin, Ethereum, and Solana. Since the start of 2024, Bitcoin has surged by 126.6%, crossing the $100,000 mark. Ethereum has increased by 47.5%, and Solana has risen by 86.5% over the same period.
Precious metals have also shown significant growth: gold appreciated by 27.3%, and silver by 24%. If you had invested $1,000 at the beginning of the year, evenly distributing $200 across these assets, you would have ended up "in the green."
An investment in Bitcoin would now be worth $453. Ethereum would have returned $295, and Solana would have grown to $373. Investments in gold and silver would have risen to $254 and $248, respectively. The total value of the portfolio would have reached $1,624, representing a 62% increase in less than a year.
Why gold and crypto are becoming more expensive
The rise in the prices of gold and cryptocurrencies is driven by a range of fundamental factors that enhance their appeal as assets. Precious metals, such as gold, are traditionally considered "safe havens" during times of economic instability. In the face of inflation, geopolitical tensions, and general uncertainty in global markets, investors seek to protect their wealth, leading to increased demand for gold and, consequently, its rising price.
Gold Price Dynamics in 2024. Source: TradingView
Cryptocurrencies, particularly Bitcoin, also demonstrated impressive growth in 2024. Bitcoin reached a record high of $108,000, fueled by the launch of Bitcoin ETFs and Donald Trump's victory in the U.S. presidential elections. Investor optimism stems from the anticipated crypto-friendly stance of the new administration and the ongoing development of cryptocurrency infrastructure.
Kiyosaki and Bitcoin strategy
Robert Kiyosaki not only consistently praises cryptocurrencies but also supports Bitcoin initiatives led by others. For instance, he recently commended MicroStrategy founder Michael Saylor for implementing and promoting a Bitcoin strategy.
Kiyosaki describes such initiatives as bold moves that align with his own views on financial resilience. In several recent appearances, he even went so far as to defend MicroStrategy's chairman from critics, reinforcing his stance on Bitcoin's role in ensuring financial stability.
