Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
March 21, 2024 9:30 AM 4 min read

'Rich Dad Poor Dad' Author Robert Kiyosaki Shares Life Lessons From An 'Old Guy' As He Fears 'We Are About To Enter A Very Tough Economy'

by Jeannine Mancini Benzinga Staff Writer
Follow
FlipboardIcon version of the Flipboard logo

In a March 12 post on X, author and financial educator Robert Kiyosaki shared insights aimed at guiding both the young and old through the potential future hardships he's been warning about for months. 

Kiyosaki begins his message with a reflection on wisdom garnered from longevity. "Lessons from an old guy to the young," he wrote. "As a very senior citizen, I notice two life lessons in other seniors."

Don't Miss:

  • Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you.
  • The average American couple has saved this much money for retirement — How do you compare?

He delineates these lessons as:

  • Lesson No. 1: Your diet and exercise are mirrored in your health.
  • Lesson No. 2: Your attitude toward life is reflected in your face.

Kiyosaki then transitions to a sobering prediction about the economic landscape. "I am afraid we are about to enter a very tough economy," he wrote.

Despite this grim forecast, he stressed the importance of resilience and positivity. "No matter what happens, please remember to care for your health and smile more when the going gets tough."

Amid his reiterated warnings of an impending market crash, he has highlighted commodities and resources as the premier investments for 2024, suggesting they offer a haven during economic turbulence. This advice is consistent with his long-standing advocacy for alternative investments like gold, silver, Bitcoin and even less conventional ones like Wagyu cattle, which he says are viable substitutes for fiat currencies, which he views skeptically.


Trending: Are you secretly doing better with your money than you think? Here are some signs you’re financially healthy.


While the merits of Kiyosaki’s specific predictions are debatable, his core message of preparation and financial literacy is valuable. Economic cycles are inevitable, and having a diversified portfolio and a sound financial plan can help you weather any storm. Ultimately, the decision of whether to follow Kiyosaki’s approach is a personal one, but regardless of your investment strategy, seeking professional financial advice is always a wise move.

Read Next:

  • How to turn a $100,000 investment into $1 Million — and retire a millionaire.
  • Are you rich? Here’s what Americans think you need to be considered wealthy.

*This information is not financial advice, and personalized guidance from a financial adviser is recommended for making well-informed decisions.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
Personal FinancePersonal Finance AccessRobert Kiyosaki
Beat the Market With Our Free Pre-Market Newsletter
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter

This perspective isn't new for Kiyosaki. In February, he warned  of a downturn in the financial markets. He wrote about the enduring value of gold over the S&P 500, anticipating a significant market downturn and advising his audience to carefully select their financial advisers in preparation for what he termed "the biggest crash in history," an event he had previously predicted in "Rich Dad's Prophecy."

In contrast to Kiyosaki’s gloomy outlook on the economy, Goldman Sachs Research paints a much brighter picture. Its analysis suggests the global economy will outperform expectations because of factors such as strong income growth, cooling inflation, a robust job market and the potential for a recovery in manufacturing. Central banks might also have the capacity to lower interest rates, offering a safeguard against recession. This perspective aligns with a predicted gross domestic product (GDP) growth of 2.6%, surpassing the consensus forecast, and anticipates that major economies will likely avoid recession, with a notably low recession probability in the U.S. of just 15%

Kiyosaki advocates a holistic approach that transcends economic forecasts. He believes intertwining financial foresight with personal health and a positive outlook creates a multifaceted strategy for uncertain times. This perspective broadens the definition of success and well-being to encompass financial wealth as well as physical and mental health. His comprehensive approach underscores the importance of preparation, resilience and financial literacy as essential tools for weathering and even thriving during economic challenges.

For those seeking to navigate these uncertain times with Kiyosaki’s philosophy in mind, finding financial advisers well-versed in commodities and alternative investments is key. Look for advisers who share his critical view of traditional financial systems. These advisers can provide strategic insights and guidance to help you make informed decisions that align with Kiyosaki’s principles of financial preparedness and resilience.

Jeannine Mancini has written about personal finance and investment for the past 13 years in a variety of publications including Zacks, The Nest and eHow. She is not a licensed financial adviser, and the content herein is for information purposes only and is not, and does not constitute or intend to constitute, investment advice or any investment service. While Mancini believes the information contained herein is reliable and derived from reliable sources, there is no representation, warranty or undertaking, stated or implied, as to the accuracy or completeness of the information.

Comments
Loading...