I’m linking to a related and fresh article by Robert Kiyosaki(Rich Dard Poor Dad author)article, try it out before you judge him based on what you know.
I heard about Mr Kiyosaki in and his books over the last few years and thought OH NO, another Cartlon Sheets make money with real estate with no money down type guy.. I would bash the guy regularly.. but lately he’s been writing more contrarian type articles and I really like his perspectives.. I’ve grown to respect his opinions now that I actually see what type of investor he is..
For what it’s worth I think we’re heading more towards great depression type cycle… majority do not have any cash, only plastic and debt thats really bad, especially in a recessionary period(depression seeds).. my strategy is gold for security and some profit.. and options trading for quick in and out type profits. and most of all, I have lots of water, rice, canned food and seeds should it get really crazy.. It takes very little preparation to be extremely prepared… Get yourself 1 weeks of food, and some planting seeds.. that few hours of preparation might save your life… probably won’t ever need it, but why not!? Oh, I also have 10 gallons of gas 🙂 Hey, I’m up on it, I bought it at $2.40 a gallon!
