‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead Some say cash is king. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, it may not be wise to keep too much of your investment money in cash these days. “Cash is not a safe investment, is not a safe place because it will be taxed by inflation,” Dalio told CNBC last year. This week, when CNBC asked him about his… Source link
Read More »Billionaire Ray Dalio Pulls the Trigger on These 2 ‘Strong Buy’ Stocks
When legends speak, people listen – and few investors match the legendary status of Ray Dalio. The founder of Bridgewater Associates has built his firm from a 2-room apartment operation into the world’s largest hedge fund, with more than $150 billion in assets under management, and a net gain exceeding $46 billion. Dalio believes that the next two to four years will see our global economic and political systems change in ways that are unpredictable now. And the key to survival, for… Source link
Read More »‘The system is in jeopardy’ after events like Jan. 6: Billionaire investor Ray Dalio
The legendary hedge fund manager Ray Dalio became a billionaire by picking up on patterns in the stock market. More recently, he has turned his attention to trends throughout world history. In a new book, “Principles for Dealing with the Changing World Order,” Dalio wrote that wealth inequality often leads to the rise of populism and division. Yahoo Finance’s editor-in-chief, Andy Serwer, asked Dalio in a new interview just how bad America’s divisiveness has gotten and who’s to blame for… Source link
Read More »Billionaire Ray Dalio Picks Up These 3 ‘Strong Buy’ Stocks
We had some serious economic news this month, when October’s inflation rate came in at 6.2% annualized. It was the sixth consecutive month +5% year-over-year inflation gains – and the highest inflation rate seen in the US since 1990. Billionaire Ray Dalio, founder of Bridgewater Associates, reminds investors that the worst asset to hold in this environment is cash. “Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price… Source link
Read More »Billionaire Ray Dalio is Buying These 10 Stocks
In this article, we reviewed Bridgewater Associates founder Ray Dalio’s portfolio adjustment strategies to cope up with the market volatility. We also discussed the top ten stocks billionaire Ray Dalio is buying. You can skip our detailed discussion and jump directly to Billionaire Ray Dalio is Buying These 5 Stocks. Raymond Thomas Dalio’s $223 billion Bridgewater Associates is ranked among the world’s best and largest hedge funds. The 72-year-old investor has invented many commonly used… Source link
Read More »Dalio sees 'good probability' bitcoin gets outlawed – Yahoo Finance
Bloomberg Biden’s Likely Tax Wins Are Personal-Rate Hikes, Audits of Rich (Bloomberg) — Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. tax code in coming months.That’s a key takeaway from a survey of 15 current and former White House and congressional aides specializing in tax policy completed by Bloomberg this month. A tax on unrealized capital gains, as envisioned by… Source link
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