The Burst
Why Billionaire Bets Biggest On This Stock
Ray Dalio is an American billionaire, investor, and hedge fund manager. His largest holding is P&G, represented by over 6.6 million shares, is worth over $1 billion. He is a strong advocate for diversification, spreading his portfolio across various currencies, industries, and asset classes. So why Procter & Gamble?
Sure, P&G has developed and promoted well-known and reputable brands that are staples,
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Read MoreThe Ivy
1 Dividend Fund To Hold For The Next 20 Years
Which is more important to you, a steadily growing portfolio that spits out income regularly, or maximizing your returns?
Having both would be nice but sadly that’s not the way the market works typically. You can pick a more volatile stock that has lots of ups and downs, and can outperform, or you can pick a steady grower that spits out income regularly but doesn’t produce as high an overall return.
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