Everyone knows who Warren Buffett is, even those who do not invest a dime in the stock market. However, not too many people outside of the investment and business world know the name Ray Dalio. But they should, he is a hedge fund manager that manages over $100 billion in assets and is one of the most successful investors of all time. His personal net worth is (at the time of this writing) over $13 billion. That makes him richer than a lot of other more “popular” billionaires, including Elon Musk, Mark Cuban, and Eric Schmidt (of Google fame). So when he gives advice, people listen. He wrote a paper called Principles that summarizes how he makes his investment decisions. Below are five of those non-technical principles taken from his paper:
Economic indicators are useful in telling us whether the economy is doing well or not. They indicate whether an economy is heading in or out of a recession, or if the economy is experiencing a boom. There are a lot of economic indicators and sometimes they may contradict one another. Thus, it is important to look at the overall economic environment using multiple indicators to get a clearer picture of how the economy is doing. The following is a list of 27 economic indicators you can use to make investment/business decisions.
The last several years have done a number to many people’s nestegg. Many people who relied on their 401k for their approaching retirement were no longer able to retire because their 401k lost so much value in the market due to the credit crisis. If you want to protect your 401k from massive losses, follow these three tips. These tips are designed to protect your assets moreso than growing it. Therefore these tips are meant for those who are going to retire soon(ish). But if you follow these tips, you should also see some good growth in your 401k.