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Robert Kiyosaki
@theRealKiyosaki
Investor | Entrepreneur | Financial Education Advocate | Author
Joined April 2009
127 Following    2.9M Followers
CASH is not TRASH in a CRASH Q: Why has Warren Buffet sold stocks and bonds and is sitting with billions in cash? A: Because he is “keeping his powder dry” a.k.a. He is in CASH so he can buy priceless assets….after the crash and are on sale. Q: Should you follow in Buffets footsteps? A: I do not know. What you do with your money is up to you. Last week I took millions in cash and purchased more oil wells, more gold, silver, and Bitcoin. I doubt Warren Buffet would do what I do. The more important question to you is what are you going to do? If you do not have a plan for your cash….during a crash….the smartest thing you may consider doing is….nothing. I am confident after a giant crash the price of gold, silver, and Bitcoin will go up… and I know I could be wrong. I am confident as long as Iran keeps shooting oil tankers in the straights of Hormuz…. The price of oil from my Texas oil wells keeps going up. Could I be wrong? Yes. But if I am wrong I still have Cashlow from my real estate and businesses. Trust you do what is safe and best for you. Take care and good luck.
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