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Finbold 2024-12-26 11:38:42

If you put $1,000 into a Robert Kiyosaki portfolio at the start of 2024, here’s your return now

Robert Kiyosaki , the author of the personal finance book ‘ Rich Dad Poor Dad,’ has long championed alternative investment products over traditional financial assets. As a result, his recommended portfolio emphasizes precious metals such as gold and silver alongside cryptocurrencies, including Bitcoin ( BTC ), Ethereum ( ETH ), and Solana ( SOL ). Part of his advocacy for alternative assets stems from a distrust of fiat currency, which he deems “fake money” destined for a crash. Interestingly, Kiyosaki has expressed gratitude for investors opting for alternative assets, noting they are avoiding putting their money in the traditional institutions, which he terms a “Den of Thieves.” But how would an investment in Kiyosaki’s preferred assets have performed in 2024? Kiyosaki portfolio 2024 returns Kiyosaki’s portfolio includes gold, silver, Bitcoin, Ethereum, and Solana. On a year-to-date (YTD) basis, Bitcoin has rallied 126.59% after peaking above the coveted $100,000 spot. Bitcoin year-to-date price chart. Source: Finbold On the other hand, Ethereum grew by 47.49% and Solana by 86.49% over the same period. Precious metals also recorded substantial gains in 2024, with gold increasing by 27.35% and silver by 24.00%. Now, if you allocated $1,000 equally among these five assets at the start of the year, a $200 investment in Bitcoin would now be worth $453.18. With a 47.49% gain, Ethereum would have turned $200 into $294.98. Solana’s performance would have grown the $200 investment to $372.98. Gold, often seen as a safe-haven asset, would have increased the $200 investment to $254.70, while silver’s rise would have brought its value to $248.00. Combining these returns, the total portfolio would now be valued at $1,623.84, representing a 62.38% gain in less than a year. The portfolio has largely benefited from positive price action in 2024, backed by strong fundamentals. Precious metals rallied to new highs amid economic uncertainty. At the same time, Bitcoin hit a record high of $108,000, primarily driven by the impact of the halving and post-election optimism surrounding Donald Trump’s election, who is widely considered to implement pro-cryptocurrency policies. Kiyosaki’s alternative asset outlook Kiyosaki, who has long projected a global economic crash, maintains that Bitcoin, gold, and silver are central to protecting wealth. Global crash has started. Europe, China. USA going down . Depression ahead? Please be smarter with your money. Hang on to your job and your money. Biggest problem are our leaders and educators. As I have often asked “What did school teach you about money?” Regardless of… — Robert Kiyosaki (@theRealKiyosaki) December 23, 2024 Amid ongoing debates on the ideal store of value, he has dismissed these arguments as baseless, asserting that both asset classes serve the same purpose. Indeed, with Bitcoin’s recent drop below $100,000, the financial educator has criticized individuals complaining about the correction, viewing it instead as an ideal opportunity to accumulate the asset. Overall, with Kiyosaki predicting that Bitcoin could reach a high of $350,000 in 2025, he maintains that it is not too late to buy the asset. Featured image via Cavaleria Com YouTube The post If you put $1,000 into a Robert Kiyosaki portfolio at the start of 2024, here’s your return now appeared first on Finbold .

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