Here’s how much Robert Kiyosaki portfolio returned in the first half of 2024 Share
Finance Jul 11, 2024Robert Kiyosaki, the prominent investor and the author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has been making his opinions on finance and various kinds of assets well-known through his frequent X posts.
Ever an enemy of fiat currency – currency he often simply describes as ‘fake money’ – Kiyosaki is also something of a stock market, and economy bear as he has made repeated warnings that the entire system is bound for a major crash
As an entrepreneur, however, he generally sees recessions as major investment opportunities as various quality assets become comparatively cheap. Kiyosaki has also not been shy when it comes to recommending what to buy for performance in a bull market and safety in a bear market.
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Additionally, the name Robert Kiyosaki has, in recent years, become increasingly connected to three things: Bitcoin (BTC), gold, and silver.
Robert Kiyosaki’s ‘real money’
Given his repeated claims of purchase and ownership, it is almost guaranteed that the author not only owns Bitcoin but that the cryptocurrency has been one of his best investments in 2024.
Even after the most recent price slump, BTC is an impressive 36.83% in the green since the start of the year and Bitcoin price today, at press time, stands at $58,379.
BTC YTD price chart. Source: Finbold
Kiyosaki also heavily favors some more traditional investments, and gold has undoubtedly been a highly lucrative holding for the author.
In 2024, the commodity experienced a significant rise to new all-time highs (ATH), and gold price today stands at $2,381 after a 15.46% YTD rise.
Gold YTD price chart. Source: TradingView
Furthermore, the precious metal is likely to continue to offer substantial wealth growth to the famous investor as many experts believe it will climb toward $3,000 per ounce by the end of the year.
Silver is another commodity that Rober Kiyosaki frequently recommends. While not as flashy as gold or as technologically exciting as Bitcoin, it is an important metal that has seen an impressive 30.45% growth in 2024 to a price of $31.01 per ounce.
Silver YTD price chart. Source: TradingView
Assuming an equal distribution between the three assets, Robert Kiyosaki’s portfolio would have returned 27.58% through the first half of 2024.
Kiyosaki’s real estate and cattle investments
The story, however, does not end with the cryptocurrency and the commodities. Robert Kiyosaki is a well-known real estate investor and has some of his money in the famous Wagyu cattle.
While the two assets are not as easily quantifiable as the cryptocurrency and the precious metals, the current state of the real estate market indicates the investment has been highly lucrative for the author.
Finally, the story is likely much the same with the increasingly prominent Wagyu as that market is expected to grow approximately $3.67 billion in the coming four years.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.