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Too many individuals have actually come under the catch of investing in U.S. Treasuries and placing their money in pension plans, thinking that these properties are secure investments, said very popular writer Robert Kiyosaki.
Kiyosaki described these properties as "funny money" as well as detailed exactly how investors can differentiate in between "actual" and also "phony" properties in his book "PHONY: Fake Money, Phony Teachers, Fake Assets: Just How Lies Are Making the Poor as well as Center Class."
" The trouble with my generation is that they think that what is safe is U.S. Treasuries," Kiyosaki informed Kitco News. "Treasuries are just how the Fed and also the Treasury control the marketplaces, and also they have actually wiped out savers."
See component 1 of this meeting:
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Robert Kiyosaki says don’t make this financial mistake and get ‘manipulated’ (Pt. 2/2)
Too many people have fallen into the trap of investing in U.S. Treasuries and putting their money in pensions, thinking that these assets are safe investments, said best-selling author Robert Kiyosaki.
Kiyosaki referred to these assets as “fake money” and detailed how investors can differentiate between “real” and “fake” assets in his book “FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class.”
“The problem with my generation is that they think that what is safe is U.S. Treasuries,” Kiyosaki told Kitco News. “Treasuries are how the Fed and the Treasury manipulate the markets, and they’ve wiped out savers.”
Watch part 1 of this interview: https://youtu.be/Yd6AZnpBdeM
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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