Ray Dalio: Cash is the WORST

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Ray Dalio: Cash is the WORST

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"Invest in things that make money".

Amazing wisdom.

klony
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Emergency money is always good to have. So what it’s making pennies a year. Better than maxing out a credit with the interest you’d pay back or taking out loans. This advice works for people who have money to gamble with (invest). There is no risk with cash but also no reward until you need it.

smartymcfly
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Inflation in our country is like 200 precent.

savanasymbat
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That's not true. U aren't taxed on all the cash u have in the bank u are taxed on any intrest u receive from the bank.

joemama
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What other types of assets he is talking about? I don't understand that

BanterWarehouse
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Can you get taxed every year on your savings, they normally earn interest, don't they??

francishamill
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Warren Buffett interviews plz...
About tips

shitaltakbhate
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Buy silver and gold. Crypto I'm not all too sure of but I have shiba dgb amd doge

omgsteven
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Diversification is for idiots Ray. Those who are looking for average returns diversify.

cruzcustio