Rich Dad Poor Author Robert Kiyosaki took to X (formerly Twitter) to share his suggestions on how one can get richer as the world economies crash. He claimed he has personally used the same strategy through three major downturns and came out wealthier each time.

How to profit from a market crash

In a social media post titled “How to get richer as the world economies crash”, Kiyosaki outlined his approach to building long-term wealth.

He began by asking readers whether they are striving to be “rich” or truly “wealthy”. “Are you working to get rich or are you working to get wealthy?” he asked on X (formerly Twitter) before going ahead and explaining the differences in simple terms. “Rich is measured in $. Wealth is measured in TIME,” he said, before sharing an example. 

As an example, he wrote that a rich person may boast of having a million dollars in the bank, but a wealthy person would consider how many months they could continue living comfortably if they stopped working that day.

“I have $1 million in the bank,” he said, adding how a wealthy person would react to it. “A wealthy person may say: ‘If I stopped working today… I would have enough income to cover all  my living expenses to survive 7 months.’”

Good time to acquire assets is…

Kiyosaki argued that economic downturns are a “good time” to acquire assets. “During a global economic crash, prices on many assets will crash….which means a crash may be a good time to acquire assets, such as rental real estate…. that provides cash flow.

He added that by investing in cash-producing assets during previous market collapses, he was able to build greater wealth instead of losing it.

“What would you do to increase your wealth during an economic crisis?” he asked, before suggesting that it is “best” to “plan now”. 

He further added, “Take care. Rough economy ahead.”

In his earlier post on how to get richer as the economy crashes, he suggested people join a network marketing business, invest in real assets like gold, silver, Bitcoin, and Ethereum. In November, he predicted that the biggest crash in history had started and that if one is “prepared”, the crash will actually make them “richer”. 

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