| Part 1 of my 3 #financial #recommendations for #millennials: value your savings. #personalfinance #money #principle #raydalio #shorts @YahooFinance |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
No shit Sherlock. Sadly most people can't control the biggest factor in monthly expenses – rent and food price increases
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Even though it seems like an open door, an astronomical number of people still has more consumer debt than savings. This is the true 1st step of financial recommendations. I wonder how the advise would change for more advanced levels of wealth
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