Kiyosaki Urges ETFs for Average Investors, Cautions 'Paper'

Robert Kiyosaki, author of 'Rich Dad Poor Dad', told people to be careful with paper assets.

He suggests that average investors should use Exchange-Traded Funds, or ETFs.

ETFs are like buying a collection of things all at once, and they're traded like stocks.

He recommends ETFs for gold, silver, and Bitcoin to avoid holding paper.

Owning ETFs lets people invest without actually having the assets themselves, like owning a picture of a gun.

The author thinks having the real thing is sometimes better than having paper.