This is the words of Ray Dalio.
He is the founder of Bridgewater.
This is the world largest hedge fund, they are managing about $160 billion.
He is worth a whooping $17 billion.
I am contemplating his words about the stock market.
He said " Inflation isn't a problem, Growth is good,... stimulation coming from changes in tax laws"
Everything he said is true.
Look at this graph.
What about if you have cash now?
Is it a good time to jump in the market to invest and ride the growth since 2009 ?
I am not an expert, please use your own judgment about your investment either in the stock market or crypto market.
Since 2009 the bull market is going way up.
Somehow that bull got to be tired.
It has been 9 years since then.
That bull could have gray hair.. That cannot or will not continue running this way.
I think it is the best time to lock in profits.
Check your investments portfolio and see, is it sustainable for long term ?
Is your investment style too risky or moderate ?
You have to invest and move the cash around.
Any fiat currency should stay in one place otherwise it loses it value overtime.
It has to grow and beat inflation.
Are we being protected if the bull stop running ? hey I am not talking about the bear.
What is your plan B?
It is important to revisit your financial advisor.
If you have money sitting in 401k, ...etc, Make sure you set up a follow up and be sure you are in good hands about your financials matters.
It is never to late to do good even to yourself.
Keep on steemit.
Like your post
Thank you @pouchon for this piece of information,Every persons needs a plan B for their financial life
Ray has provided some great advice over the years. I have learned he provides an honest opinion. I have done quite well with his all weather portfolio in the past 10 years.
And once again, I agree that those with cash will get left behind.
At the end of the day, it is all about how you handle your financials need.
Thanks for commenting.
Plan is B it's the Blockchain!
You got that right.
I meant not to mention crypto too much since we all know the big value of steem by example.
Keep on steemin'
Walaupun saya belum mengerti tentang itu tapi saya suka postingan anda
Saya membicarakan masalah keuangan. Anda perlu berinvestasi di steemit.
Terima kasih telah berkomentar
Terus di steemit.
Translated from google
Yes...
Now I understand
Thanks you
my plan B prolly crypto and silver...mostly crypto!
thanks for sharing like your blog!!