Financial educator and investor Robert Kiyosaki has revealed that his biggest investing mistake was letting asset prices dictate his buy and sell decisions.
According to Kiyosaki, investment decisions should be based on the broader economic and market environment surrounding an asset rather than its current price, he said in an X post on June 20.
The Rich Dad Poor Dad author noted that understanding context has become more important than reacting to short-term price fluctuations.
His comments offered insight into his current investment approach as he continues to monitor opportunities in real estate, precious metals, and cryptocurrencies.
Kiyosaki said he learned that price alone is not a sufficient reason to buy or sell an asset, instead focusing on broader economic conditions and long-term fundamentals.
“One mistake I have made (and I’ve made many) is letting price determine reasons to buy or sell any asset. I have learned to understand the “context” or the environment the asset is in….not the price. For example, if the price of real estate is crashing, I look at job growth, up or down, and area around the property,” Kiyosaki said.
Alternative assets outlook
He added that his outlook on gold and silver is shaped by the actions of political and banking leaders.
Concerned about the direction of the global economy, Kiyosaki said he is monitoring the prices of Bitcoin (BTC), Ethereum (ETH), gold, and silver while waiting for technical signals that their recent declines have ended.
At the same time, the investor stated that technical chart patterns suggest gold and silver could be positioned for a significant upward move.
While he has not indicated that he is currently buying, he said he is waiting for price reversals before increasing exposure to the assets.
His latest comments come as he recently predicted that gold could rally to $35,000 by 2035. The remarks are consistent with Kiyosaki’s long-standing preference for hard assets and cryptocurrencies as hedges against economic uncertainty, inflation, and weakness in traditional financial systems.
He maintains that these assets can help protect wealth amid what he has repeatedly warned could be a historic market crash.
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