Rich Dad’s Prophecy
Why the Biggest Stock Market Crash in History Is Still Coming… and How You Can Prepare Yourself and Profit from It!
In what may be one of the most important books in the Rich Dad portfolio, Rich Dad’s Prophecy proclaims how Robert Kiyosaki’s rich dad prophesized that once the first of the baby boomers reach the age of 70 in 2016, the worst stock market crash in history will ensue. Published in 2002, and once again co-written by Sharon Lechter, Rich Dad’s Prophecy focuses on planning for the future.
The reason why it is so important to plan for the future, and why the stock market will crash in 2016 is because of the financial policies in the United States of America, in particular the 401K retirement plans that most baby boomers have, and will begin to cash out will hurt the economy and crash the market. In Rich Dad’s Prophecy, Robert Kiyosaki identifies these problems as not problems at all but opportunities to gain wealth during this time of crisis. Robert Kiyosaki identifies that it is not just about surviving through a time of crisis but thriving, and achieving the financial wealth and independence you thought that you could only dream. So instead of fearing what could happen in the future of uncertainty, people can indeed prosper and dream the biggest dreams instead.
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