As many traders regard Robert Kiyosaki as considerably of an authority on the matter, the favored American finance writer recognized for his best-selling private finance guide ‘Wealthy Dad Poor Dad’ has set his sights on two new investments so as to add to his portfolio.
Particularly, he introduced his “two new billion-dollar investments” as “examples of ‘limitless’ startups” to debate on the convention organized by his enterprise companion Ken McElroy, which can happen between August 29-31 in Dallas, Texas, in accordance with Kiyosaki’s X publish on July 22.
NEW BIILION PROJECTS: At Limitless
I will likely be talking on my two new billion greenback investments. These are two examples of “limitless” startups. One challenge is a billion greenback lithium mining challenge. It was bought for under $20.2 million. The second challenge is a billion…— Robert Kiyosaki (@theRealKiyosaki) July 22, 2024
#1 Lithium mine
Because it occurs, considered one of these investments is a $5 billion lithium mine challenge, which the finance educator began due to the metallic’s use within the digital automobile (EV) trade, describing it as a “sizzling new valuable metallic as a result of EVs corresponding to Tesla (NASDAQ: TSLA) require lithium for his or her batteries.”
Furthermore, Kiyosaki voiced his opinion that “lithium helps save the planet,” evaluating the startup to the ‘Inexperienced New Deal’ proposals to handle local weather change, which is why he based it with fellow entrepreneur Marin Katusa, as Finbold reported on July 1.
Based on Kiyosaki, he invested solely $20.2 million on this challenge, turning it right into a billion-dollar “limitless” startup referred to as ‘Challenge Li-FE’ (brief for ‘Lithium for the Setting,’), with the lithium mine situated in Canada, explaining that such a challenge “makes traders richer and saves the planet.”
#2 Carbon credit
Moreover, the ‘Wealthy Dad Poor Dad’ writer stated that his second challenge was a “billion greenback carbon credit score challenge that can save hundreds of thousands of timber and make tree farmers very wealthy… all around the world,” admitting that this may make him a “tree hugger,” however that he was “additionally an entrepreneur and capitalist.”
As a reminder, Katusa, the writer of the New York Occasions best-selling guide ‘The Colder Conflict,’ mentioned carbon credit with Kiyosaki for an episode of the ‘Wealthy Dad Radio Present,’ again in 2021, explaining, amongst different issues, how a lot is a carbon credit score value. As he stated on the time:
“One carbon credit score is the equal of taking one ton of carbon dioxide out of the ambiance. (…) As we’re transitioning from a fossil gas vitality world to a inexperienced world, there’s one thing referred to as actuality within the center that we’ve got to do that transition. And with out carbon credit, there isn’t any transition.”
Apparently, he even stated on the time that “carbon credit [are] extra vital than Bitcoin (BTC),” gold, copper, and the oil market, “which makes up about 5% of world GDP,” and “that is the largest oil firm and oil merchants on the planet who’re saying this, they’re all positioning themselves into it.”
Robert Kiyosaki internet value
Additionally it is value noting that the investor has lengthy warned about the specter of a worldwide monetary crash, notably in america, the place the “faux” greenback’s international dominance is eroding, as an alternative suggesting investments into silver, gold, Bitcoin, and different “actual belongings” contributing to roughly $100 million of Robert Kiyosaki internet value.
In the meantime, the well-known guide writer has additionally noticed in considered one of his more moderen X posts that the “time to earn a living in your sleep is arriving now” alongside the “dangerous instances,” increase on his earlier argument {that a} disaster is the most effective time to get wealthy.
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