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Billionaire Investor At Davos: “Cash Is Trash”

Despite uncertainty stemming from this year’s presidential election and concerns about a possible recession, among other things, billionaire investor Ray Dalio argued at the World Economic Forum in Davos, Switzerland that investors staying on the sidelines and waiting to see how things play out are making a mistake, declaring “Cash is trash…Get out of cash.” What does he advise investors do instead? For more on what Dalio had to say at Davos, CLICK HERE.