"Rich Dad Poor Dad" Author: Will Continue to Buy Bitcoin, Ethereum, and Other Assets

ChainCatcher news, "Rich Dad Poor Dad" author Robert Kiyosaki posted in support of Trump's policy to open 401k retirement plans to alternative asset investments. Kiyosaki pointed out that Trump allows 401k investments in "alternative investments," including real estate debt, physical gold and silver, as well as cryptocurrencies such as bitcoin and ethereum. He believes this policy will enable more people to become wealthy and achieve financial security, while also extending the retirement age for the baby boomer generation.

Kiyosaki stated that traditional stock and bond markets are controlled by wealthy investment bankers, who harm the interests of the working class through workers' 401k plans. He mentioned that even Buffett has admitted that the baby boomer generation is being harmed, and inflation will erode the purchasing power of their 401k. As an alternative investor, Kiyosaki said he has never held a 401k, mutual funds, or ETFs, but instead invests from the perspective of a business owner and investor in the cash flow quadrant. He said he will continue to buy gold, silver, bitcoin, ethereum, oil, and real estate.