Economics 101
Have you ever tried to figure out how our economic machine really works? I try all the time and most of the time, I remain really confused.
Recently I came across a gentleman that explains quite simply “Economics 101.” His name is Ray Dalio.
His work has helped in my understanding and he has become somewhat of a mentor in my efforts moving forward. I trust that his explanations will help your understanding also.
Spouse: Barbara Dalio
Net Worth: USD $18.7 Billion (February 2020)
Children: Paul Dalio, Devon Dalio (deceased), Matt Dalio
Education: Long Island University, Harvard University, LIU Post, Harvard Business School.
This person, even though I do not know him personally, has had an impact .
There is much to share and I want to keep the posts short.
I am looking forward to sharing with the WA community.
Paul Mindra from Canada.
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Recent Comments
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Google "Ray Dalio Paul Mindra" to get the complete story.
This is a powerful platform for any level.
Pass it forward.
Paul from Canada.
18.7 Billion.
3,000 more billion becomes 1 Trillion.
one equals 1.000.
You are the best person that I have met on this platform. Kyle and Carson are excluded.
Help me.
Sami Williams
Top 200
2 years ago
Always in the learning mode
Sami
Learning to live a bit more modestly will often be more rewarding than stressing to pay for things that we can't afford.
Blessed is the young person who can reach this place in life. Living is debt-free.
Life is rewarding in many ways.
Being debt-free is also how we can build our financial foundation. (At least in my world)
Sami.
Google "Ray Dalio Paul Mindra" to get the complete story.
This is a powerful platform for any level.
Pass it forward.
Paul from Canada.
A good bit of information there, Paul. interesting to see the simple language used to explain complex ideas.
Sami
Hopefully, it will make some sense to those in power to be and do.
Do you know what phase of the cycle we are in at the current moment?
I have not studied his theories enough to know. However, I think that for most of us, getting to the point where we can enjoy life is important, and often that enjoyment is not spending more, getting more.
Learning to live a bit more modestly will often be more rewarding than stressing to pay for things that we can't afford.
Blessed is the young person who can reach this place in life. Living a debt-free life is rewarding in many ways.
Being debt-free is also how we can build our financial foundation. (At least in my world)
Sami
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18.7 Billion.
3,000 more billion becomes 1 Trillion.
one equals 1.000.