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International Business Times
International Business Times
Business

Many Decisions Make Investors Lose Money. But Ray Dalio Says Staying Idle Is Also a Bad Choice

Ray Dalio Bank of America
Billionaire investor Ray Dalio said holding cash is the "worst" long-term investment, including options that yield low interest. (Credit: Getty Images)

Billionaire investor Ray Dalio said holding cash is the "worst" long-term investment, including options that yield low interest.

Speaking in The Diary of a CEO podcast, Dalio said people think cash is "the safest," but it's actually the "worst investment over a long period of time because inflation will eat it away."

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