Ray Dalio Urges 15% Portfolio Allocation in Bitcoin or Gold
Renowned investor Ray Dalio has recently advised investors to allocate a significant portion of their portfolios towards Bitcoin or gold as a hedge against U.S. debt risk. In a notable shift from his previous stance, Dalio is now recommending an allocation of roughly 15% to one of these assets.
Dalio’s revised recommendation marks a stark contrast to his earlier suggestion of allocating just 1-2% of one’s portfolio to Bitcoin. The drastic change comes as U.S. public debt has reached $36.7 trillion and further borrowing is projected, putting pressure on the currency value.
The investor emphasized the importance of flexibility in this new allocation strategy, highlighting liquidity risks and potential inflation resulting from excessive borrowing. In a recent podcast appearance, Dalio encouraged investors to explore both Bitcoin and gold as hedging tools against macro instability.
Source: usethebitcoin.com