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Robert Kiyosaki Warns Investors About Over-Reliance on ETFs
Robert Kiyosaki, author of Rich Dad Poor Dad, cautions investors against over-relying on ETFs, emphasizing the necessity of holding physical assets for long-term financial stability.
- Kiyosaki acknowledges that ETFs simplify investing for average investors.
- He distinguishes between owning "real" assets and “paper,” asserting this knowledge is crucial for preparedness.
- Recommended ETFs include Gold, Silver, and Bitcoin.
- Kiyosaki criticized ETFs as analogous to possessing a picture of a gun for personal defense.
- Bitcoin ETFs have seen a cumulative net inflow of $54.69 billion since inception, with a recent inflow of $226 million despite price volatility.
- Bitcoin's price has retraced to $115,000 from an all-time high of $123,000, with a market cap drop of $80 billion to $2.29 trillion.
- Most cryptocurrencies, including meme coins, have faced double-digit losses recently.
- The Swissblock Bitcoin Risk Index indicates a “low risk” level at zero, suggesting a bullish market structure despite the pullback.
- Current price corrections are deemed rotation-led rather than capitulation, presenting potential accumulation opportunities.
- Kiyosaki anticipates a near-term bubble burst in gold, silver, and Bitcoin, indicating intentions to buy during price declines.