Famous financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, has once again raised concerns about the global economy. In a recent post on social media, Kiyosaki declared that the world is already in a recession, and urged people to act smart with their money—before it’s too late.
“Don’t Rely Only on Wall Street”
Kiyosaki, who is known for questioning traditional financial systems, said people should not rely only on stock markets or savings in banks. Instead, he encouraged everyone—especially young investors and working professionals—to learn financial skills on their own.
He even blamed conventional education for not teaching people how to handle money, saying it promotes
“fear of making mistakes”
instead of real learning.
Where Should You Invest?
Kiyosaki strongly believes in diversifying your investments. His suggestions include:
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Gold and silver, which have long been trusted in India
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Real estate, including land and property
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Bitcoin, for those who understand crypto
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Essential commodities like food and fuel, to hedge against rising inflation
He added that online platforms like YouTube offer excellent learning opportunities—just be careful of fake financial advice.
Why This Matters for India
With inflation hitting households hard and global uncertainties shaking markets, many Indians are already turning to traditional assets like gold and property. Kiyosaki’s warning aligns with what many financial planners in India are saying:
Don’t put all your money into one basket.
