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.

optimism

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