Author of 'Rich Dad Poor Dad': '60/40 Portfolio' is Dead, Supports Morgan Stanley's '60/20/20' Strategy
Odaily Planet Daily News – Robert Kiyosaki, author of *Rich Dad Poor Dad*, posted on the X platform stating that the traditional '60/40' investment portfolio (60% stocks, 40% bonds) became obsolete as early as 1971 when the U.S. dollar decoupled from the gold standard. He criticized the U.S. government as 'the largest debtor in history' and described the dollar as 'an IOU from a bankrupt government,' questioning why anyone would still purchase its bonds. He pointed out that Morgan Stanley's proposed '60/20/20' portfolio (60% stocks, 20% bonds, 20% gold) is better suited for achieving long-term financial security, emphasizing that gold has historically outperformed stocks and bonds. Kiyosaki stated that he continues to favor 'real assets' such as gold, silver, Bitcoin, Ethereum, rental income from real estate, and oil assets, and mentioned that he achieved financial freedom over 30 years ago.