2024 has proven to be a highly profitable year for investors in the stock and cryptocurrency markets. Aside from them, gold has reached its all-time high, and silver is trading in the green, making it an opportune time to consider investing.
One of their staunch supporters and investors is Robert Kiyosaki, a famous finance author who has spent his career advocating against fiat money and proposing alternative ways of investment, calling them “real assets.”
Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have found their place in his portfolio.
BTC YTD price chart. Source: Finbold
Next in line is Ethereum, which has grown 12.05% since January 1. A $2,000 investment would yield 0.8501 ETH, which would have a value of $2,238.89 at the time of writing.
Solana’s growth was the biggest during the eight months of 2024, rising 41.36%. $2,000 invested would buy 19.70 SOL, which is currently valued at $2,821.79.
SOL YTD price chart. Source: Finbold
Commodities, namely precious metals such as gold and silver, experienced more modest growths at 21.37% and 23.91%, respectively, valued at $2,427.56 for gold and $2,478.35 for silver.
Profit for those who copied Kiyosaki’s portfolio
Investors who decided to allocate $10,000 on January 1 would see their investments increase by 27.24% and be valued at $12,724.63 on August 22.
Geopolitical tensions and fears of a possible recession were the main profit drivers in this portfolio, as the Federal Reserve has postponed cutting interest rates for September at least, motivating traders to turn towards more conventional means of investing, regarded as safe-haven assets.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
