Billionaire investor, hedge fund manager and American author, Ray Dalio recently appeared on CNBC to discuss the stock market and investment plans for the future. The interview became mostly negative due to Ray’s concerns over investors trying to time the market for both short and long term investments. With the recent discovery of Covid-19 variant Omicron the stock market took a nosedive once again with fears of potential lockdowns and travel restrictions set to happen again. With this news it has now become close to impossible to understand which stocks to buy and sell.

When it comes to other financial advice, Ray also slammed cash for being a terrible investment and holding due to inflation tax set to hit holders hard.

Positive and great advice is to balance your portfolio and to hedge your holdings by investing into stocks which do well during a lockdown and those that do well when the world is back fully up and running. This means if you own travel stocks then you should hedge with homework stocks such as Zoom or Fiver.

What was surprising during his interview is his view on China where he discusses the transfer of wealth and that with his information of China and their leaders that a complete crash is unlikely and future gains and growth will take place.