Robert Kiyosaki , the renowned and bestselling financial author of "Rich Dad, Poor Dad," publicly expressed support on X for President Trump 's latest executive order, "Democratizing Access to Alternative Investments for 401(k) Investors." He also strongly criticized mutual funds and ETFs, calling them loser investment tools. Kiyosaki praised Trump's new executive order for opening up a wider range of investment options for traditional investors who typically contribute their paychecks to their 401(k)s, allowing them to allocate their assets more efficiently.
Support Trump's measures to open up alternative investments
Kiyosaki shared his views on the X platform, noting that President Trump's new executive order will allow 401(k) investors greater access to alternative investments such as real estate, private equity, cryptocurrencies, and precious metals, rather than being limited to traditional mutual funds and ETFs. He believes that this policy change not only expands the scope of investment but also provides more opportunities for wealth growth, especially for more experienced investors who are willing to actively learn and conduct in-depth research.
Kiyosaki strongly advocates that such policies will help smart and sophisticated investors manage their assets in a better way. He points out that opening up alternative investment policies will offer investors higher growth potential than traditional mutual funds and ETFs.
In the past, he criticized real estate as a liability, but now he says mutual funds and ETFs are losers.
Robert Kiyosaki is a financial educator known for his unconventional investment strategies. He once stated that "houses are liabilities, not assets," a statement that shocked many Chinese investors, who generally believe that real estate is the true asset. He has always held a different view on traditional financial management, and this time, Kiyosaki openly criticized mutual funds and ETFs. He bluntly stated that to him, these instruments are a loser's choice. Kiyosaki believes that these investment methods often only provide lower-than-expected returns and are overly dependent on market fluctuations. For those with some investment experience, they lack sufficient flexibility and return potential. He emphasized that traditional mutual funds and ETFs often lack the ability to hedge against inflation and seize market opportunities, while open approaches such as private equity and cryptocurrencies offer higher capital appreciation potential and are not subject to the volatility of traditional financial markets.
Urge investors to do their homework
Kiyosaki has long advocated for financial education. He believes that for investors who are unwilling to delve deeper or lack the time to devote to research, mutual funds and ETFs are still viable options. However, he emphasizes that for investors who are willing to invest the time to learn and thoroughly research the market, the opportunities presented by Trump's new executive order are unparalleled.
He added that if you don't want to put in the effort to learn about alternative investments, traditional investing methods like mutual funds or ETFs may still be the best option. But if you're willing to invest the time to learn, the new mandate may offer more opportunities to grow your wealth.
As the best-selling author of "Rich Dad Poor Dad", Kiyosaki has influenced millions of readers around the world. He has been promoting the popularization of personal financial education, giving lectures and advocating financial education everywhere. He has always emphasized that the key to success lies in having the right financial knowledge, rather than relying on traditional investment models.
Robert Kiyosaki's strong support for Trump's executive order reflects his advocacy for a more open and flexible investment environment. However, Kiyosaki also stated that for investors who prefer not to invest in learning and researching, traditional mutual funds and ETFs remain a viable option. For him, the most important thing is for investors to understand the importance of financial literacy and choose the investment tools that best suit their needs.
The article "Rich Dad Poor Dad" by the author criticizes traditional investment as a loser's tool and strongly supports Trump's opening up of alternative asset investments first appeared in ABMedia ABMedia .
