Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has shared insights into how he made most of his money, emphasizing the future of investment in resources. Kiyosaki revealed that he made most of his money in resources rather than technology startups. He highlighted the upcoming Vancouver Resource Investment Conference (VRIC) as a crucial event for investors, stating that the future of stock and bond markets would depend on startups in resources.
Key Points:
Background on Robert Kiyosaki: Robert Kiyosaki, the author of Rich Dad, Poor Dad, has gained widespread recognition for his insights on financial education and wealth-building strategies. His book has achieved significant success, selling over 32 million copies globally and becoming a New York Times Best Seller.
Upcoming Vancouver Resource Investment Conference (VRIC): Kiyosaki mentioned the VRIC, scheduled for Jan. 20–21, as the "most important investor conference for 2024." He is set to be one of the keynote speakers at the event. The VRIC focuses on the resource sector and brings together over 300 junior mining companies to showcase the exploration and production of critical commodities.
Emphasis on Resources Over Technology Startups: Kiyosaki emphasized that the future of stock and bond markets would be influenced by startups in resources rather than Silicon Valley technology startups. He shared his personal experience, stating that he made most of his money from resources.
Real Money-Making Opportunities: The author highlighted the importance of events like the VRIC for real money-making opportunities. He pointed out that he got his start as a startup at the VRIC 25 years ago and encouraged others to join him at the conference to be part of the coming boom in the investment world, particularly in resources.
Insights from Past VRIC Experience: Kiyosaki shared insights from a previous VRIC experience, stating that the conference provides valuable real-life experiences and learning opportunities. He emphasized the significance of learning from the experiences of miners and cautioned against relying solely on traditional education.
Focus on Gold, Silver, Copper, and Bitcoin: Kiyosaki highlighted that he was looking for valuable commodities such as gold, silver, and copper at the conference. He mentioned his ownership of silver and gold, emphasizing his preference for real assets. Additionally, he has consistently endorsed bitcoin as a sound investment.
World Running on Resources: Stressing the importance of resources, Kiyosaki stated, "The world runs on resources," indicating their fundamental role in global dynamics and economic activities.
Implications for Investment Strategy: Kiyosaki's emphasis on the future of investment in resources, particularly in the context of the VRIC, suggests a strategic shift toward tangible assets. Investors may consider the insights shared by Kiyosaki as they evaluate their portfolios and explore opportunities in the resource sector. The author's endorsement of gold, silver, copper, and bitcoin aligns with his previous advocacy for these assets as hedges against economic uncertainties.
Conclusion: Robert Kiyosaki's insights into how he made most of his money and his emphasis on the future of investment in resources provide valuable perspectives for investors. As an influential figure in the financial education space, Kiyosaki's recommendations and experiences may influence investment strategies, especially as he encourages participation in events like the VRIC. Investors seeking opportunities in the resource sector may find value in exploring commodities such as gold, silver, copper, and bitcoin.
(Kevin Helms, Bitcoin News, 2023)