{"id":8233,"date":"2022-06-14T18:29:39","date_gmt":"2022-06-14T23:29:39","guid":{"rendered":"http:\/\/blog.jlbn.net\/?p=8233"},"modified":"2022-06-19T14:37:00","modified_gmt":"2022-06-19T19:37:00","slug":"canned-tuna-as-the-best-investment-today","status":"publish","type":"post","link":"http:\/\/blog.jlbn.net\/?p=8233","title":{"rendered":"Canned Tuna As The Best Investment Today"},"content":{"rendered":"\n<ul><li>Robert Kiyosaki touted canned tuna as a better investment than gold, silver, or bitcoin.<\/li><li>The &#8220;Rich Dad Poor Dad&#8221; author warned soaring food prices could lead to starvation.<\/li><li>Kiyosaki noted cans of tuna and baked beans can be eaten, unlike metals and cryptocurrencies.<\/li><\/ul>\n\n\n\n<p>&#8220;Best INVESTMENT:&nbsp; Cans of Tuna Fish,&#8221; he said. &#8220;Inflation about to take off.&nbsp; Best investments are cans of tuna &amp; baked beans. You can&#8217;t eat gold, silver, or bitcoin.&#8221;<\/p>\n\n\n\n<p>&#8220;Food most important,&#8221; he continued. &#8220;Starvation next problem. Invest in the solution.&#8221;<\/p>\n\n\n\n<p>The &#8220;Rich Dad Poor Dad&#8221; author likely sees canned tuna as a good investment because it has a shelf life of several years, it&#8217;s cheap and takes up minimal cupboard space so it can be bought in bulk, and investors can crack their tins open if inflation drives food prices to unaffordable levels.<\/p>\n\n\n\n<p>However, cans of tuna spoil eventually, would be hard to physically store and sell if bought in vast quantities, and people might get tired of the fish&#8217;s distinctive taste.<\/p>\n\n\n\n<p>Value investors such as Warren Buffett would&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/warren-buffett-berkshire-hathaway-warned-inflation-prices-tapeworm-investors-businesses-2021-5-1030456755?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">prefer to own shares<\/a>&nbsp;of a business such as Coca-Cola, as they believe there will always be demand for their products, and they can leverage a strong brand to raise prices and offset inflation.<\/p>\n\n\n\n<p>US inflation&nbsp;<a href=\"https:\/\/www.businessinsider.com\/inflation-report-cpi-may-gas-prices-federal-reserve-rate-hikes-2022-6?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">surged<\/a>&nbsp;by 8.6% year-on-year in May, marking the fastest rate in 41 years. Kiyosaki has previously touted household goods as shrewd investments when prices are soaring, as consumers can buy them now and stockpile them, instead of paying far more for them in the future.<\/p>\n\n\n\n<p>&#8220;BEST INVESTMENT may be stocking products you will always use such as toilet paper, trash bags, canned goods, frozen foods,&#8221; he&nbsp;<a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1503239413647609861\" rel=\"noreferrer noopener\" target=\"_blank\">tweeted<\/a>&nbsp;in March.<\/p>\n\n\n\n<p>The personal-finance guru has been&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/kiyosaki-rich-poor-dad-stock-market-crash-gold-silver-bitcoin-2022-6?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">sounding the alarm<\/a>&nbsp;on asset prices, inflation, and a potential recession for several months. For example, he&nbsp;<a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1501201567357231118\" rel=\"noreferrer noopener\" target=\"_blank\">warned<\/a>&nbsp;of a historic bubble across stocks, real estate, oil, and commodities in March. He also raised the prospect of an economic depression and hyperinflation.<\/p>\n\n\n\n<p>&#8220;Everything bubble turning into everything bust,&#8221; he&nbsp;<a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1518583236338745344\" rel=\"noreferrer noopener\" target=\"_blank\">tweeted<\/a>&nbsp;in April after stocks began to fall. The benchmark&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/index\/s&amp;p_500?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">S&amp;P 500 index<\/a>&nbsp;is now down 22% this year, while the tech-heavy&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/index\/nasdaq_composite?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">Nasdaq index<\/a>&nbsp;is down 31%. Similarly, the price of&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/currencies\/btc-usd?utm_medium=referral&amp;utm_source=yahoo.com\" rel=\"noreferrer noopener\" target=\"_blank\">bitcoin<\/a>&nbsp;\u2014 the most popular cryptocurrency \u2014 has tumbled by 52% since the start of January.<\/p>\n\n\n\n<p>However, Kiyosaki has underscored that market downturns give brave investors the chance to scoop up bargains and build fortunes over time. &#8220;Crashes are best times to get rich,&#8221; he\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/1524811335829098497\" target=\"_blank\">tweeted<\/a>\u00a0in May.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robert Kiyosaki touted canned tuna as a better investment than gold, silver, or bitcoin. The &#8220;Rich Dad Poor Dad&#8221; author<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[254,3421],"tags":[3435,888],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8233"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8233"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8233\/revisions"}],"predecessor-version":[{"id":8234,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/8233\/revisions\/8234"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8233"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}