Rich Dad, Poor Dad Author Warns Baby Boomers Market Crash Coming -- He May Be Right

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Rich Dad, Poor Dad Author Warns Baby Boomers Market Crash Coming -- He May Be Right

^{Published on 2024-12-17 09:21:08 - 24/7 Wall St}

Rich Dad, Poor Dad author Robert Kiyosaki sees a market crash on the horizon. Baby boomers can make these moves to protect their retirement.

The article from 24/7 Wall St. discusses Robert Kiyosaki, the author of "Rich Dad Poor Dad," who has warned that a market crash is imminent, particularly affecting baby boomers. Kiyosaki points to several economic indicators like high inflation, rising interest rates, and excessive government spending as signs of an impending financial crisis. He suggests that baby boomers, who are nearing or in retirement, could be hit hardest due to their reliance on traditional investment vehicles like stocks and bonds, which might not perform well in a downturn. Kiyosaki recommends diversifying into assets like gold, silver, and Bitcoin as a hedge against inflation and market volatility. Despite his dire predictions, the article notes that while some experts agree with his concerns, others believe the market might not crash but could experience a correction or a period of stagnation.

Read the Full 24/7 Wall St Article at:
[ https://247wallst.com/investing/2024/12/17/rich-dad-poor-dad-author-warns-baby-boomers-market-crash-coming-he-may-be-right/ ]

Contributing Sources

24/7 Wall St

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Rich Dad, Poor Dad Author Warns Baby Boomers Market Crash Coming -- He May Be Right