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

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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
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