Robert Kiyosaki's Investment Strategy: Becoming Wealthy Through Dollar-Cost Averaging

Uncover the investment strategy of Robert Kiyosaki, the acclaimed author of "Rich Dad Poor Dad."

This article delves into Kiyosaki's philosophy of accumulating desired assets for the long term through dollar-cost averaging.

Find out how this time-tested method can minimize risks and why Kiyosaki believes it's an effective approach to achieving wealth.

Accumulating Desired Assets for the Long Term

On October 23, 2023, Robert Kiyosaki, known for his famous "Rich Dad Poor Dad" series, provided insights into his investment strategy.

Kiyosaki touched on the declining prices of gold and silver and mentioned, "This is when dollar-cost averaging shines."

Unlike Warren Buffett, who selects undervalued stocks, Kiyosaki clarified his approach: "I am accumulating assets that I want for the long term." He elaborated that he has been purchasing gold, silver, Bitcoin, and real estate for several years.

How Dollar-Cost Averaging Works: An Investment Strategy for Everyone

Dollar-cost averaging is a technique where you invest a fixed amount of money at regular intervals.

By maintaining a consistent investment amount, you buy more units when the price is low and fewer units when the price is high.

This method minimizes price fluctuation risks and is a famous investment strategy.

It's also adopted in cryptocurrency investment services offered by some exchanges, making it accessible even for beginners.

Kiyosaki has consistently endorsed gold, silver, and Bitcoin. As recently as October 21, he stated, "The next target for Bitcoin is $135,000."

He also pointed out in his latest post that, "Even ordinary investors can become rich by using dollar-cost averaging."