Posted 9/15/2023, 7:32:55 AM
Dalio Advises Holding Cash Over Bonds, Diversifying Investments, and Using New Tech to Pick Assets
- Ray Dalio says to hold cash 'temporarily' instead of buying bonds and debt right now
- Dalio believes the biggest investing mistake is thinking past performance means good future returns
- For new investors, Dalio advises focusing on the right geographies, diversifying, and picking assets using new technologies
- On rising global debt, Dalio says high interest rates compound debt problems if investors sell bonds instead of holding them
- Dalio believes bonds are a bad long-term investment currently due to supply/demand imbalance and inflationary consequences