1 week ago
Robert Kiyosaki Says Financial Ignorance Costs More Than Learning
Robert Kiyosaki says not knowing about money can be very costly.
He believes paying to learn about finances may help people make better choices.
He attended two programmes in Phoenix, even though they cost him time and money.
He said he paid the same price as other participants despite speaking there.
Kiyosaki also says teachers should keep learning.
He recently bought 600 silver coins.
He expects silver to become much more expensive in 2026.
Other investors were cautious because silver prices had recently fallen and important United States economic data was expected.
Robert Kiyosaki said financial education can be worth its cost if it improves financial decisions.
He attended Ken McElroy’s “Collective” and “Limitless” programmes in Phoenix, paying despite being a speaker.
Kiyosaki said he learned information he considered life-changing and future-changing.
He also said he bought another 600 United States Silver Eagles and expects silver to reach $200 an ounce or more in 2026.
The article reports silver at ₹260 per gram in India on Friday, with prices varying by location.
- Who
- Robert Kiyosaki, author of “Rich Dad Poor Dad,” and Ken McElroy are central to the account.
- What
- Kiyosaki discussed the cost of financial ignorance, his investment in financial education, and his bullish outlook for silver.
- Where
- The programmes took place in Phoenix; the reported retail silver prices are for India.
- When
- Kiyosaki discussed the programmes in a Friday post and reported buying the silver coins in a February 10 post; the article gives India’s silver prices for Friday, August 21.
- Why
- Kiyosaki believes financial knowledge can lead to better decisions and says silver may protect against monetary instability.
Kiyosaki’s Investment View
Cost-Conscious and Cautious View
Value of financial education
Kiyosaki’s Investment View
Kiyosaki argues that paying for financial education can be less costly than remaining financially ignorant.
Cost-Conscious and Cautious View
An old friend characterized the programmes as expensive in terms of the money and time required.
Silver’s future
Kiyosaki’s Investment View
Kiyosaki believes silver will reach $200 an ounce or more in 2026 and views it as a hedge against monetary instability.
Cost-Conscious and Cautious View
Investors were adopting a cautious stance amid short-term selling pressure in precious metals and ahead of key United States economic data.
Currency concerns
Kiyosaki’s Investment View
Kiyosaki said the United States dollar is in trouble and that savers holding fiat currency are the biggest losers.
Cost-Conscious and Cautious View
The article reports this as Kiyosaki’s view and does not provide a separate assessment of the dollar’s prospects.
Key facts
- Financial education
- Kiyosaki said spending money on learning may be worthwhile because financial ignorance can be more expensive.
- Programmes attended
- He attended Ken McElroy’s “Collective” and “Limitless” programmes in Phoenix.
- Participation cost
- Kiyosaki said he paid the same price as others despite being one of the speakers.
- Silver purchase
- He said he bought another 600 United States Silver Eagles.
- Silver forecast
- Kiyosaki expects silver to reach $200 an ounce or more in 2026.
- Reported spot price
- Kiyosaki said silver’s spot price was $82 an ounce when he posted about his purchase.
- India retail price
- The article reports an average Indian retail price of ₹260 per gram, or ₹2,60,000 per kilogram, on Friday, August 21.
Quotes
Robert Kiyosaki
Author of “Rich Dad Poor Dad” and commentator on financial education and investments.
“Just purchased another 600 US Silver Eagles. Today’s spot is $82 an ounce. Still believe silver will reach $200 an ounce…or more…in 2026.”
livemint.com
“I go to teach as well as to learn” …and I learned a lot. Life changing and future changing data.”
livemint.com
Sources
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