Investing 1000 in a Robert Kiyosaki portfolio at the beginning of 2024 would result in this amount now
The year 2024 has ushered in significant growth in both the stock and cryptocurrency markets, with commodities like silver and gold not lagging far behind. Renowned investor and finance author Robert Kiyosaki has been a vocal critic of fiat money, which he has labeled as ‘fake money.’ He advocates for the wealthy to invest in and preserve what he deems as ‘real assets,’ including cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as precious metals like gold and silver.
Kiyosaki views these assets as essential hedges against inflation and has proudly shared his ownership of these assets in his portfolio on various occasions. In line with the investment philosophy of the author of ‘Rich Dad Poor Dad,’ Finbold conducted an analysis to determine the current value of a $1,000 investment in a Kiyosaki-like portfolio at the beginning of 2024. This analysis aims to shed light on the potential returns of such a diversified investment strategy amid the favorable market conditions seen this year.
Breaking down the $1,000 investment into five different assets entails allocating $200 to each position, a key strategy for diversification and risk mitigation that Kiyosaki advocates. The first asset, Bitcoin, has seen the most substantial growth of 53% among all the investments. A $200 investment in Bitcoin on January 1 would now be valued at $307.29 on June 13.
Following closely is Ethereum, which has experienced a 49% increase in value in 2024 thus far. A $200 investment in Ethereum on January 1 would now be worth $298.18 on June 13. Solana, another popular cryptocurrency, has grown by 48.39% in the first half of 2024. An initial $200 investment in Solana would now be valued at $296.78.
Precious metals have seen more modest growth, with silver rising by 22% and gold by 12% in the first six months of 2024. Allocating $200 to each metal would yield values of $244.91 for silver and $223.72 for gold.
Investors who followed Kiyosaki’s portfolio on January 1 would have seen an overall increase of 37% by June 13, turning their initial $1,000 into $1,370.88. These gains were largely driven by escalating geopolitical tensions and concerns about a looming recession, prompting investors to seek refuge in assets like cryptocurrencies and precious metals during times of market volatility and uncertainty.
Please note that the content on this site should not be construed as investment advice. Investments are speculative, and there is a risk of losing your capital when investing.
