COLUMN - I consider 'Rich Dad, Poor Dad' one of the best investing books of all time, and it's one of the first ones I’m going to give to my kids.

But predicting what the market is going to do is a loser's game, even for Robert Kiyosaki.

The S&P 500 is now up around 50% since Robert Kiyosaki said "I told you so" in April 2025, claiming that the "biggest stock market crash in history" had "arrived" and that we were "more than likely in a Depression."

Anyone who followed that advice and moved to cash didn't lose their capital, but they missed the recovery, and over the next twenty years that kind of miss compounds into a fortune left on the table.

There is a lot happening in the world today, and no shortage of doomsayers confidently predicting what comes next.

But remember: predicting markets is a loser's game. 

Have a plan, follow a sensible asset allocation strategy, ignore the noise, and enjoy your day.

Matthew Matthee has a wealth management business that specialises in retirement planning and investments. He writes about financial markets, investments, and investor psychology. He holds a Masters Degree in Economics from Stellenbosch University and a Post Graduate Diploma in Financial Planning from UFS. [email protected]     

‘We bring you the latest Garden Route, Hessequa, Karoo news’