• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here’s How He’s Positioning His Portfolio
Finance

Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here’s How He’s Positioning His Portfolio

September 23, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here's How He's Positioning His Portfolio
Share
Facebook Twitter LinkedIn Pinterest Email

In 2020, billionaire investor Ray Dalio famously claimed that “cash is trash.” He later elaborated that cash is not safe because “it will be taxed by inflation.” But as time passed, Dalio’s view on cash has made a U-turn.

“Temporarily, right now, cash I think is good … and the interest rates are fine. I don’t think it will be sustained that way,” he said at the Milken Institute Asia Summit in Singapore last week.

In the U.S., the Federal Reserve has implemented significant interest rate hikes to cool inflation. The federal funds rate is now at its highest level since 2001. For investors, some high-yield savings accounts are now paying over 5% annual percentage yields (APYs).

Don’t Miss:

Dalio also told the audience what he doesn’t want to own at the moment.

“I don’t want to own debt, you know, bonds and those kinds of things,” he said.

When asked about his approach to deploying capital, Dalio said that he would want to be “in the right places” geographically. He also emphasized the importance of diversification and paying attention to disruptions.

As the founder of Bridgewater Associates, the world’s largest hedge fund, Dalio knows about deploying capital. Here’s a look at some notable investment themes in Bridgewater’s portfolio.

Emerging Market Equities

Dalio’s investment horizon extends beyond U.S. borders.

According to Bridgewater’s latest Form 13F filing with the Securities and Exchange Commission (SEC), Dalio’s fund held 17,932,948 shares of the exchange-traded fund (ETF) iShares Core MSCI Emerging Markets ETF (NYSE:IEMG) at the end of the second quarter. With the position valued at $883.92 million at the time, IEMG was the second largest publicly traded holding in Bridgewater’s portfolio.

See also  Supreme Court Temporarily Blocks Richard Glossip’s Execution In Oklahoma

IEMG holds more than 2,700 stocks and provides exposure to a broad range of emerging market companies. Its top three holdings are Taiwan Semiconductor Manufacturing Co. Ltd., Tencent Holdings Ltd. and Samsung Electronics Co. Ltd.

Bridgewater also owned 7,848,503 shares of Vanguard FTSE Emerging Markets ETF (NYSE:VWO) at the end of June, a stake valued at $319.28 million.

VWO is another ETF that gives investors access to emerging markets like China, India, Brazil and South Africa. It holds more than 5,000 stocks.

In a MarketWatch interview published last October, Dalio said that opportunities will “come in different regions” over the next five years.

“As we look at the world, we have to recognize that there are bright spots and there are less bright spots, and places like emerging Asia, places such as Singapore and Vietnam and Indonesia and places like that are bright spots,” he said. “India, I think, is going to be a brighter spot.”

Consumer Staples

In an era where artificial intelligence and cutting-edge technologies dominate the headlines, consumer staples may not seem like an exciting business on the surface.

But Dalio still likes the segment.

Bridgewater’s third-largest publicly traded holding at the end of June was Procter & Gamble Co. (NYSE:PG), a company deeply entrenched in the consumer staples business. With well-known brands like Tide, Bounty, Gillette and Pampers, the company offers a range of products that households buy regularly, allowing it to generate consistent revenue through thick and thin.

Beverages are another part of the consumer staples category. And rather than choosing between Pepsi and Coke, Dalio is going with both.

See also  Asian shares mostly lower after Wall St has its worst week in 6 months

Bridgewater’s Form 13F filing revealed that the firm held 2,566,566 shares of PepsiCo Inc. (NASDAQ:PEP) and 8,214,890 shares of Coca-Cola Co. (NYSE:KO) as of June 30, valued at $475.38 million and $494.7 million, respectively.

It’s easy to see why both companies can be resilient: Even in a recession, a can of Coke or Pepsi is still affordable to most people.

Another reason many investors are attracted to consumer staples companies is their ability to pay reliable dividends.

In May, PepsiCo announced its 51st consecutive annual dividend increase. Coca-Cola’s board approved the company’s 61st consecutive payout increase in February. Meanwhile, Procter & Gamble has paid a higher dividend to shareholders for 67 years straight.

Read next:

Photo: Web Summit on Flickr

Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article No More ‘Cash Is Trash’: Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here’s How He’s Positioning His Portfolio originally appeared on Benzinga.com

.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Billionaire cash Dalio good Heres Hes Portfolio Positioning Ray Temporarily
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Imposter Syndrome Is Rooted in Your Past But Here’s How You Can Rewire It

April 18, 2025

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Michigan Coach Bo Schembechler’s Son, Glenn, Resigns Over Questionable ‘Likes’ on Social Media Posts About Slavery, Jim Crow

May 23, 2023

101 Valentine’s Day Quotes for Friends to Help You Tell Them Just How Much They Mean

January 31, 2025

World Meteorological Organization Warns of Climate Eve of Destruction

April 26, 2023

Sri Lanka Must Achieve Debt Restructuring By September: IMF

May 23, 2023
Don't Miss

Short and Funny Sayings for a Happy Summer with Friends

Lifestyle May 9, 2025

I love the beach. Just looking at the calming sea to relax. Having fun in…

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,627)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Biden Admin Top Source of Aid in Afghanistan — But Taliban Take Credit

August 10, 2023

‘Sex And The City’ Star Kim Cattrall Makes Dramatic Comeback After Publicly Vowing Never To Return

June 2, 2023

Sean Strickland, Dricus Du Plessis Brawl in the Stands at UFC 296

December 17, 2023
Popular Posts

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.