'If I go bust, the bank goes bust,' says 'Rich Dad, Poor Dad' author Robert Kiyosaki, admits to $1.2 bln debt and why he loves it
Kiyosaki's approach centers around the concept of "good debt," which involves using loans to build wealth through income-generating assets such as real estate and investments. He advocates for leveraging debt in investments, particularly in the real estate market, as a proactive strategy to navigate market fluctuations effectively. Kiyosaki's investment portfolio extends beyond traditional avenues and encompasses gold, silver, real estate, and even Wagyu cattle, reflecting his belief in diversification and non-conventional assets.
Source: indiatimes.com