UP

Don't rely on cash, invest! - a billionaire investor

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Don't rely on cash, invest! - a billionaire investor

Well-known American billionaire investor Ray Dalio has warned investors not to rely on cash.

Axar.az reports, the famous billionaire said that it is necessary to avoid cash.

"So prices can change in the market. This is the most important thing if you know how to balance your investments. Have a safe, balanced portfolio. You can reduce your risk without reducing your income," Dalio said.

Dalio said that keeping cash is not a significant investment and that the price of gold will continue to rise, and advised to invest.

Date
2021.12.07 / 12:41
Author
Zuleykha Aghasieva
See also

European gas prices hit highest level since March

Ukrainian army losses updated on 1,638th day of war

Iranian opposition leader Fouad Pashaei targeted in LA

Iran receives $7.5B in oil revenues in first four months

Ukrainian attacks cause damage but no critical harm

23 killed in bus-truck collision in Brazil’s Parana

NATO ready to address any threat amid Iran tensions

Azerbaijani ambassador presents his credentials to Tokayev

Russia captured Vodyanske in Donetsk region

Milad Balsini arrested after summons in Tabriz

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla