At Extreme Investor Network, we strive to provide our readers with the latest and most valuable information in the world of finance. Today, we’re discussing renowned investor Ray Dalio’s view on the importance of gold in a well-diversified portfolio.
Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, recently shared his belief that gold should hold a significant portion of one’s investment portfolio, even at record-high prices. According to Dalio, gold serves as an effective diversifier, especially during times of market uncertainty. He recommends allocating more than 10% of one’s portfolio to gold to optimize diversification and mitigate risk.
In Dalio’s view, gold is currently an attractive asset, particularly for investors with a neutral stance on the market. Despite reaching record highs, gold remains under-owned by investors, including central banks. As a non-interest-bearing asset, gold typically benefits from lower interest rates, making it a compelling investment option in today’s economic landscape.
As gold futures continue to soar, now reaching $2,465.30 per ounce, Dalio’s bullish outlook on the precious metal remains steadfast. With the value of money depreciating and geopolitical tensions escalating, gold has proven to be a reliable hedge against market volatility and economic uncertainty.
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