'Rich Dad, Poor Dad' author Robert Kiyosaki commented on the upheaval in global markets triggered by the on-going Iran conflict, and emphasised on the value of cash amid a market crash.
"CASH is not TRASH in a CRASH," Kiyosaki stated in a post on X on Monday. The author then went on to give an example of Warren Buffet, who he said has sold stocks and bonds and is sitting with billions in cash.
Explaining why Buffet has done this he said, "he is “keeping his powder dry” a.k.a. He is in CASH so he can buy priceless assets….after the crash and are on sale."
CASH is not TRASH in a CRASH
— Robert Kiyosaki (@theRealKiyosaki) March 15, 2026
Q: Why has Warren Buffet sold stocks and bonds and is sitting with billions in cash?
A: Because he is “keeping his powder dry” a.k.a. He is in CASH so he can buy priceless assets….after the crash and are on sale.
Q: Should you follow in…
However, instead of advising people on what to do with their money, Kiyosaki just highlighted how he himself has taken millions in cash and purchased more oil wells, more gold, silver, and Bitcoin.
According to Kiyosaki, if a person does not have a plan for their crash, "the smartest thing" they can consider doing, is nothing.
"If you do not have a plan for your cash….during a crash….the smartest thing you may consider doing is….nothing. I am confident after a giant crash the price of gold, silver, and Bitcoin will go up… and I know I could be wrong," he remarked.
He pointed out that so long as the Iran war continues, the price of oil from the oil wells he purchased are going to soar.
"I am confident as long as Iran keeps shooting oil tankers in the straights of Hormuz…. The price of oil from my Texas oil wells keeps going up," the author stated.
At the same time, he underlined that even if he turns out to be wrong, he will still have cashflow from my real estate and businesses.
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