'Most investors are de-worse-ified, not diversified', says Robert Kiyosaki; explains why he avoids ETFs
New Delhi, June 10 -- Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has once again challenged conventional investing wisdom, this time taking aim at what he calls "de-worsification" rather than diversification.
In a recent post on X, Kiyosaki argued that many investors mistakenly believe they are spreading risk across multiple asset classes when, in reality, they are simply accumulating different forms of the same thing - paper assets.
According to him, investors may own exposure to gold, silver, Bitcoin, oil, real estate, stocks and bonds, but if that exposure comes through ETFs, REITs or similar investment vehicles, they remain concentrated within what he describes as the "paper asset" universe.
"Many people are 'De-W...
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