{"id":285511,"date":"2025-04-19T10:40:07","date_gmt":"2025-04-19T10:40:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/19\/dont-waste-this-crash-rich-dad-poor-dad-author-says-opportunity-of-lifetime-is-here-times-of-india\/"},"modified":"2025-04-19T10:40:07","modified_gmt":"2025-04-19T10:40:07","slug":"dont-waste-this-crash-rich-dad-poor-dad-author-says-opportunity-of-lifetime-is-here-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/19\/dont-waste-this-crash-rich-dad-poor-dad-author-says-opportunity-of-lifetime-is-here-times-of-india\/","title":{"rendered":"&#8216;Don\u2019t waste this crash&#8217;: Rich Dad Poor Dad author says &#8216;opportunity of lifetime&#8217; is here &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/static.toiimg.com\/thumb\/msid-120430262,imgsize-580643,width-400,resizemode-4\/120430262.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"&#8216;Don\u2019t waste this crash&#8217;: Rich Dad Poor Dad author says &#8216;opportunity of lifetime&#8217; is here &#8211; Times of India\" title=\"&#8216;Don\u2019t waste this crash&#8217;: Rich Dad Poor Dad author says &#8216;opportunity of lifetime&#8217; is here &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/robert-kiyosaki\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Robert Kiyosaki<\/a>, the author of the best-selling personal finance book <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/rich-dad-poor-dad\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">Rich Dad Poor Dad<\/a>, has issued a stark warning to Americans and global investors: the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/financial-collapse\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">financial collapse<\/a> he has long predicted is now underway.<br \/>In a recent public statement shared on social media, Kiyosaki pointed to several alarming trends\u2014including record-high credit card debt, surging US national debt, rising unemployment, and struggling retirement funds\u2014as signs that the United States is slipping into what he calls a \u201cGreater Depression.<!-- -->\u201d<\/p>\n<p>\u201cThe crash I warned of in Rich Dad\u2019s Prophecy is happening now,\u201d Kiyosaki wrote. \u201cMillions may be pushed into poverty. But those who take action could become very rich.\u201d<br \/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Investment advice: Gold, silver, bitcoin<\/span><br \/>Kiyosaki reiterated his long-standing investment advice, encouraging people to purchase what he calls \u201creal assets\u201d: gold, silver, and Bitcoin. While critics have previously dismissed his repeated calls to buy these commodities, he insists that this strategy is more relevant than ever.<br \/>\u201cSome people complain that I repeat myself. But I will say it again\u2014buy gold, silver, and Bitcoin,\u201d he said. \u201cEven one Bitcoin, or a few ounces of silver, could transform your financial future.\u201d<br \/>The author predicts that by the year 2035, Bitcoin could surpass $1 million in value. He also believes gold could reach $30,000 per ounce, and silver may climb to $3,000 per coin.<br \/>Kiyosaki also raised concerns about the stability of pensions and retirement accounts, claiming that many are being mismanaged, underfunded, or \u201cstolen\u201d through policy and inflation.<br \/>\u201cPeople who relied on pensions or 401(k)s are watching them shrink. That\u2019s why I\u2019ve always said: don\u2019t depend on the system. Take control of your money,\u201d he stated.<br \/>He believes those who acted early\u2014by diversifying into non-traditional assets\u2014are currently weathering the storm, while others may soon face serious hardship.<br \/><span class=\"strong\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Mindset and personal responsibility<\/span><br \/>In addition to financial advice, Kiyosaki also emphasized the role of mindset in wealth building. <!-- -->Drawing on lessons from his personal upbringing and background, he claimed that the way people talk about money often determines their financial destiny.<br \/>\u201cPoor people are poor because they speak and think poor words\u2014like \u2018I can\u2019t afford it\u2019 or \u2018I\u2019ll wait.\u2019 Words become flesh,\u201d he said.<br \/>Kiyosaki ended his message with a call for preparation, education, and immediate action.<br \/>\u201cThis could be the opportunity of your lifetime\u2014if you act. <!-- -->Study, learn, create a plan, and move now. If you wait, it may be too late.\u201d<br \/><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.<\/span><\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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