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Tuesday, September 29, 2009

Renowned investment author's top recommendation

Robert Kiyosaki, author of “Rich Dad, Poor Dad,” recommends investing in real estate and commodities, but he tells Dan Mangru of Newsmax TV that silver is now his top investment.

“If you’re afraid of inflation, which you should be, I would think silver is the No. 1 investment today.”

Kiyosaki also tells Mangru why he likes real estate, “I like real estate for one reason: debt.”

Investors get no leverage buying stocks, but they do when buying real estate, Kiyosaki points out.

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