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Why did Ray Dalio say "Cash is Trash;" and, could he be wrong? What are the downside risks?
In stock market news today: We’ll see what Ray Dalio meant by “Cash is Trash!” What does this Billionaire mean? Most importantly, we do it all under 1 minute! #FinanceED #CashisTrash
Ray Dalio, the Hedge Fund owner/manager at Bridgewater was a Davos’ World Economic Forum; there, be basically indicated that the US Economy is on good footing; therefore, its better to keep buying equites. I think that he may be too optimistic!
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By Finance EDIn stock market news today: We’ll see what Ray Dalio meant by “Cash is Trash!” What does this Billionaire mean? Most importantly, we do it all under 1 minute! #FinanceED #CashisTrash
Ray Dalio, the Hedge Fund owner/manager at Bridgewater was a Davos’ World Economic Forum; there, be basically indicated that the US Economy is on good footing; therefore, its better to keep buying equites. I think that he may be too optimistic!