| Part 2 of my 3 #financial #recommendations for #millennials: save well. #personalfinance #money #principle #raydalio @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.
It seems better to follow Elon Musk strategy – to put everything in 1 or several baskets which you create
Reply
Create those baskets it's not easy, creating them also have risk, what Mr. Dalio means is invest your money without the need to watch it, in those other baskets you would create you will need to take care of them until this produce money without you
Reply
@Rocky Magic Nobody can escape risk, because one should create at least 1 basket anyway – one's job. If one wants to be less effective diversification is the prooven way.
Reply
I think what you are talking about is called gambling! Good luck!
Reply
Passively avoiding taking risk is taking a much bigger risk than any feasible active risk you can take.
Reply
Mr. Dalio in order to diversify what do you think about the Sweensen's Model??
Reply
π
Reply
Whatβs going on in the world with regards to cryptocurrency?
Reply
im assuming either you live under a rock or dont follow any crypto channels as the last 48hrs has been the biggest in crypto for 10 years or more
Reply
Thx, Ray but frankly I'm tired from this advises becouse I don't understand and I want to find answers HOW, to pick RIGHT one's for INVESTMENT??? π₯²
Reply
Itβs amazing how him, buffet, and munger are all brilliant in their own rights in this related topic and yet their advice differs almost drastically
Reply
Fantastic videoπ regardless of the economic slump, I'm so happy I have been earning $ 40,000 returns from my portfolio income every 13days.
Reply
He's always active on Whats~App…
Reply
βΌπππππππππππππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎβ΄οΈβ΄
Reply
Trade with him and remember to share testimonies with others βοΈπ..π¦πΊπΊπΈ
Reply
Thank you for this. Will definitely reach out to him now.
Reply
I just looked him up on google and he's a licensed broker, I am contacting him right away, thanks
Reply
I love you Dalio, but try to tell that to buffett and druckenmiller…
Reply