Ray Dalio Warns a Widely Held Asset Faces Guaranteed Worst Returns

Bridgewater Associates founder Ray Dalio issued a fresh warning to investors, saying one of the most commonly held asset classes is guaranteed to produce the worst returns among all available investments in the coming years. According to Dalio, the risk lies in the fact that nearly every investor, often without realizing it, holds a substantial share of their portfolio in this very asset. The veteran investor has long pointed to the risk of traditional cash-like instruments losing value amid high government debt and inflationary pressure. His warning echoes his longstanding calls to diversify portfolios and include defensive assets such as gold. For retail investors, Dalio's comments are a reason to reassess the structure of their savings and the share of low-yielding instruments.