The author of "Rich Dad Poor Dad" says the "60/40 portfolio" is dead and endorses Morgan Stanley's "60/20/20" strategy.

According to Odaily Planet Daily, Robert Kiyosaki, author of "Rich Dad Poor Dad," wrote on the X platform that the traditional "60/40" investment portfolio (60% stocks, 40% bonds) became ineffective when the US dollar went off the gold standard in 1971. He criticized the US government as "the largest debtor nation in history" and the US dollar as "an IOU from a bankrupt government," questioning why anyone would still buy its bonds.

He pointed out that Morgan Stanley's current "60/20/20" investment portfolio (60% stocks, 20% bonds, 20% gold) is more capable of achieving long-term financial security, and emphasized that gold has outperformed stocks and bonds in the long run.

Kiyosaki said he still prefers "real assets" such as gold, silver, Bitcoin, Ethereum, real estate rental income and oil assets, and said he achieved financial freedom more than 30 years ago.