Robert Kiyosaki, author of bestseller Rich Dad Poor Dad as well as 25 others financial guide books, has spent his career working as a financial educator, entrepreneur, successful investor, real estate mogul, and motivational speaker, all while running the Rich Dad Company.
Traditional buy and hold investors have a fear of missing out on the hottest stocks while ignoring other companies that avoid the bubble behavior often seen in FOMO stocks such as Apple, Facebook and Google. Using Rich Dad’s Weekly Cash Flow strategy, Robert and Jim have identified a Chinese social network platform whose stock price is influenced by factors that continually keep it in a tight trading range.
I spent a few days thinking about that comment, letting the magnitude of the idea sink in. The next time I saw rich dad, I asked him, “Do I have to choose between security or freedom? In other words, does that mean I can have one, but not the other?”
Economic factors and geopolitical events continue to trap the stock market in a narrow trading range that causes daily volatility but does not offer any basis for much higher or lower moves in the near term. Using the Rich Dad’s Weekly Cash Flow strategy, Robert and Jim have identified one small-cap index that reflects this tug of war between headwinds and tailwinds affecting markets and keeps it in a narrow range for our strategy.
New Cash Flow Opportunity: Trade This Internet Giant Caught In The Crossfire of Trade And Currency Wars
With escalating trade and currency wars between the U.S. and China, major U.S. and Chinese companies are caught in the middle. Globalism is dead and companies must decide which markets they should favor for further expansion. Using the Rich Dad’s Weekly Cash Flow strategy, Robert and Jim have identified one internet company with excellent growth potential but face uncertainty due to these ongoing economic wars. This keeps it in a narrow range and a perfect candidate for our strategy.