Financial “gurus” love making bold crash predictions — but they’re almost always wrong. In this episode, I break down the track records of Robert Kiyosaki and Harry Dent, exposing the harm caused by constant doom-and-gloom forecasting. Instead of chasing predictions, learn why long-term, evidence-based investing is the only strategy that works.
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https://www.kiplinger.com/taxes/tax-deduction-change-for-those-over-65
Chapters🕓
00:00 - Intro
00:42 - Why predictions are harmful
01:13 - Predictions should be illegal
01:31 - Robert Kiyosaki’s rise
02:53 - Kiyosaki’s failed predictions
05:18 - Doom and gloom niche
06:46 - Enter Harry Dent
07:21 - Harry Dent’s track record
09:30 - The case against predictions
10:15 - Long-term investing
11:07 - Turn off the noise
11:34 - Final thoughts