Wellness

Billionaire investor Ray Dalio warns the US is in a period of 'great risk' - and says the most important thing investors can do is diversify

3 days ago   |   By

Eoin Noonan/Web Summit/Getty Images
Billionaire investor Ray Dalio told Bloomberg that the US is in a period of "great risk" because of rising deficits and the uncertainty around the upcoming US election. The most important thing investors can do to manage this risk is to diversify their portfolios by asset class, country, and currency, he said. "Diversification is a wonderful, mechanical, good way to reduce risk without reducing expected return," the founder of Bridgewater Associates added. Visit Business Insider's homepage for more stories. Ray Dalio told Bloomberg on Tuesday that the US...
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