"US billionaire recommends sticking to cash – and not buying bonds"
Interesting, coming from Ray Dalio.
@sardonicsmile All it sounds like he is saying by 'very temporarily' holding cash is just to not buy into the 'bond craze'. Don't buy US Debt and likely safe cash for a buying opportunity when the market sees sure movement again.
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@FinalDresdonation Oh, I see. Thank you.
I suppose that is for the institutional investors rather than the personal finance investor...
@sardonicsmile It works for everybody. I don't care to hold bonds now or in the future either. Having read a little and watched more of what he has to say before he is still right. It is just slsorta that limbo period. It is just better to have liquidity for a good buy in opportunity of real assets than to be saddled with bonds US debt. Still nice to see him openly say it bc it just further confirms the big boys know what's up.