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‘Rich Dad’ author Robert Kiyosaki: If you’re investing for the long term, ‘you’re crazy’
In a live interview with MarketWatch, the best-selling author gives advice on how to get rich and what to invest in now.
On his prediction that in 2016 the world would see the worst stock market crash in history:
“We’re on the edge of a cliff right now. We have never been here before. If you’re still saving money when interest rates are negative, you’ve got to be crazy. When you’re investing for the long-term in the stock market, where there is no connection between stock price and reality, you’re crazy.”
His advice on how to get rich:
“The rich do not work for money. Most people do not understand that, because they’re taught to go to school and get a job for money. The rich don’t work for money.