Billionaire Ray Dalio Says 15% of Portfolio in Gold or Bitcoin (BTC) Necessary for Upcoming Money Devaluation Phase
Description
Billionaire Ray Dalio says investment portfolios should hold a certain percentage of Bitcoin ( BTC ) or gold as a hedge against the devaluation of the US dollar. In a new interview with Master Investor podcast host Wilfred Frost, the co-chief investment officer of hedge fund Bridgewater Associates says that a proper diversification of an investment portfolio should include 15% of either gold or Bitcoin as US debt rises and geopolitical tensions increase. “My own approach is, in my share of my po...
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