Stop investing and hold cash. It's the best option now, says investment legend Ray Dalio

It is probably clear to all of us that it is not going to be a good time. But is it so bad that it would be better not to invest at all? It's an extremely radical view, but the legendary Ray Dalio stands by it. Today, let's take a look at why!

Most investors will agree that despite market downturns and all the scrambling we experience, it's always better to stay invested. But Ray Dalio - legendary investor and author of many books - now has a different opinion.

The billionaire has doubled his exposure to cash and said it is now more attractive than stocks and bonds.

"Cash used to be nonsense. But now it's quite attractive," said the Bridgewater founder . Higher interest rates translate into a limited money supply in the economy, which offers some returns on the dollar, Dalio said.

https://www.youtube.com/watch?v=L2PA8QgJMnI

Dalio flipped his view on the dollar at a time when the Federal Reserve is continuing its most aggressive campaign of raising…