Ray Dalio says to hold cash 'temporarily' — but don’t buy debt and bonds
Publishing timestamp: 2023-09-15 03:32:55
Summary
Ray Dalio, founder of Bridgewater Associates, prefers to hold cash instead of bonds due to concerns over rising interest rates and inflation levels. He believes that many investors make the mistake of thinking that markets that have performed well are good investments, when in reality they may be more expensive. Dalio advises new industry watchers to be in the right geographies, diversify, pay attention to disruptions, and invest in asset classes that are creating new technologies. He also warns about the risks of rising global debt and the potential consequences of selling bonds. Dalio personally believes that bonds are not a good long-term investment.
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Keywords: u.s. 30 year treasury, economy, singapore, ray dalio, business news, breaking news: economy, bonds, world economy, breaking news: investing, investment strategy,