Overview
- Robert Kiyosaki posted on X Tuesday to argue that holding assets through ETFs, REITs or similar funds leaves investors concentrated in a single “paper asset” class rather than truly diversified holdings.
- He said he prefers assets he can directly own and control, such as physical gold, silver, real estate and privately held businesses, and described his approach as requiring more study and personal custody.
- Coverage of the post notes Kiyosaki’s long record of promoting direct ownership and frames the comments as opinion rather than a new investment theory.
- Reports linked his remarks to this year’s weakness in some favored assets, including a roughly 30% drop in Bitcoin and recent pullbacks in gold and silver, which have sharpened attention on his critique.
- The debate highlights a wider tradeoff in modern investing: ETFs and index funds lower costs and simplify access but shift custody and counterparty exposure away from individual investors.