What Robert Kiyosaki had to say on Fox News
posted in General Finance, Robert Kiyosaki |Recently, Robert Kiyosaki appeared on Fox News to promote his newest book, Increase Your Financial IQ.
On Your World with Neil Cavuto, Robert talked about how his earlier predictions have come true and discussed the current real estate market, including explaining how he chooses where to invest. His real estate investments follow the job market; in other words, he buys properties where the job market is strong because workers need places to live.
He said: “We don’t have a real estate crisis, we’re having a financing crisis.”
At the end of the interview, Neil Cavuto said: “Robert Kiyosaki - he has been right every step of the way.”
When Robert appeared on Fox Business Network’s Happy Hour, he repeated that this is a great time to look for investment bargains. But, he cautioned, you need to be smart about it. “Financial intelligence is your greatest asset,” he said. “Invest in your intelligence first before you go buy a stock or bond or gold or silver.”
He was critical of financial “gurus” who tell people to cut up their credit cards. He pointed out that you need credit cards to function in today’s economy to rent a car, check into a hotel, purchase merchandise online, and so on. The key is to use credit cards responsibly. When people get into financial problems because of credit cards, the fault is not the credit cards, but the person using them.
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