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Ray Dalio Urges 15% Portfolio Allocation in Bitcoin or Gold
Legendary investor and founder of Bridgewater Associates, Ray Dalio, has made a dramatic shift in his stance on Bitcoin and gold investments. In a recent podcast appearance on Master Investor, he advises investors to allocate a significant 15% portion of their portfolio towards either Bitcoin or gold, citing the growing risk of U.S. debt as a major reason for this increased allocation.
The investment icon, known for his unorthodox views and contrarian approach, had previously suggested an allocation of just 1-2% in Bitcoin, a stance he is now scrapping in favor of a more substantial commitment to these assets. The recommendation comes amid a backdrop of rising U.S. debt, which has reached a staggering $36.7 trillion.
Dalio’s advice marks a significant departure from traditional investment strategies, but the billionaire investor believes that such a drastic move may be necessary given the unprecedented financial landscape. He emphasizes flexibility and the importance of diversification in his recommendation, suggesting investors should consider both gold and Bitcoin as alternatives to fiat currency.
In his podcast appearance, Dalio highlighted the growing risks posed by U.S. debt, stating that the current trajectory would lead to catastrophic consequences for the global economy. His latest stance may seem radical, but his unwavering commitment to diversification highlights the need for investors to re-examine their portfolio strategies in light of these extraordinary times.
In essence, Dalio’s recommendation serves as a stark warning about the dangers of excessive debt and the potential risks it poses for financial stability.
Source: usethebitcoin.com
