The famous author of RICH DAD POOR DAD as well as a famous investor indicated the importance of buying silver bullion. In his opinion, silver is the most undervalued, lowest risk, and best investment of all assets classes. He said that he would invest in silver U.S. Eagles today, not tomorrow. However, he would stop accumulating silver when silver spot get over USD 40 per troy ounce.
Robert Kiyosaki believe that globel pensions collapase will be one of the biggest threats that we will see the next 10 years. He does not think the governments and central banks will know a clear perspective to respond to this massive multi-trillion-USD global crisis.
He suggested that “If you have no gold or Silver, start accumulating today, and do not worry about price.” “I believe that when the panic hits, gold and silver will disappear from markets as prices climb.” He also pointed out.
Physical bullion products like gold and silver are very traditional investment tools and people use it for long long time. Let wait and see whether the wisdom and experience of older people will win the monetary games.
Let me know you thought.
Because of pandemic, mobile phones become a very essential tool in our daily life. All the payments go through online and non-touching methods. And it makes my boss is forced to use his mobile.
At first, I thought I may need to teach him how to use it. Surprisingly, he is working with his mobile phone very well. The way he using mobile really looks like a kid.
“Anyone who stops learning is old, whether at twenty or eighty. Anyone keeps learning stays young.” He says to me proudly.
“Absolutely. You are young actually.” I smile.
“I keep pushing myself to do something different every three years.” He says.
“If you can’t avoid using it, fully utilize it.” He sipped his coffee.
Yes. It’s sure. If we cannot avoid mobile phones or social media integrating into our daily life, we need to use all their advantages to benefit ourselves.
“The cashless society is being pushed to track and trace and control people and kill any underground markets.” He states.
“People just don’t know it yet.” He looks at me.
The World is Digitizing
“Good morning, boss.” It is 8:30 early in the morning.
“Good morning. It’s great to see you again in my office. You know I missed your backchat.”
I wink and give him a smile. “I missed you too”
“So, tell me about your long holiday.” He feels like he is very interested in my vacation.
“I’m so glad to tell you that I bought an iPhone for myself. Therefore, no Privacy now.”
“Yes, no one can live without a smartphone during lockdowns.” I totally agree with him.
“Amazon, Facebook, Google, Blah Blah Blah. They have everything they want finally.” He murmurs.
“The whole world is going cashless and paper money is going away.” He continues.
“There is no solution.” This is impossible to go against the big trends.
“Crypto.” he says.
“Crypto.” He repeats.
“Cryptocurrency will replace gold or Silver as the ultimate store of wealth.” He states.
“Yup, I’m not sure.” I hesitate.
“Crypto will not be broken, it will be bypassed.” My boss observes.