: Dalio of Bridgewater Associates told CNBC that despite market volatility, cash is not a safe investment because it will be taxed by inflation. It is important to have a secure and balanced portfolio, he said. Investors can reduce risk without impacting returns, he added. “Even if you were a big market timer, the things that happen can change the world, so it changes what might be valued in the market,” the billionaire investor said.
(Edited by : Yashi Gupta)
First publication: STI