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I think that if you're up and coming, and you still have time for a career in front of you, then yes, you should not listen to Dalio. Or any of these shows. Or your boy Livingston. Better keep things simple, stack sats, and try to always make more than you spend. Invest what you can afford to lose, and you can take risks.
But that does not invalidate the statement made, it just changes the audience. Also no one is saying buy bonds. Everyone is saying: don't buy bonds.
But trillions of dollars are spent buying bonds regardless what this guy says.
It has to happen or the system would collapse:
I guess it’s okay to listen but just be mindful of the source. Dailo is a billionaire and managed money for others like him
Livingston is a dude making videos on YouTube trying to find growth and get on Dailo’s level
Stacking and being humble is the way to go but that is only going to get you so far. And for some that’s okay
For others who want more you have to find growth.
But trillions of dollars are spent buying bonds regardless what this guy says. It has to happen or the system would collapse.
Unless the downgrading of US debt by all rating agencies over a timespan of... 10 years or so... is WWE, I'm going be on the "it's not looking good" side of this even if I wouldn't have done any other checks. That's what I mean with not wanting to be the last guy standing on this one. This system may very well collapse and when it does, you don't want to depend on that system.
Livingston is a dude making videos on YouTube trying to find growth and get on Dailo’s level
Don't forget that I have the 3500 word transcript, from that fluff video you tag-challenged me on, under analysis and I will eventually break through the insane Brandolini factor on that one and irrefutably destroy the entirety of that utter bullshit. Just give me time because disproving bullshit takes a ton of time and I'm rather busy at the moment.
He calls himself "the Bitcoin wizard"... c'mon now... I have pretty nasty feelings about you because of this whole thing haha
Hahahaga!!!
Great I can’t wait to read it better yet zap it!
May the best ideas win!!
My beef with this advice is for the middle and poor class this really doesn’t move the needle for moving the economic ladder. If you are worth millions yes this is very good advice. The millionaire boomers who already made a buttload of money yes buy bonds until your heat is content but anyone who is trying to climb up and out of the economic doom that Fiat as brought to the world this is just bad advice