How Much Bitcoin Should Be in Your Portfolio?

Until this year, the conventional wisdom was that Bitcoin (CRYPTO: BTC) should account for no more than 1% of your portfolio. Maybe as high as 3% if you are very aggressive or have a very long time to go until retirement.But one top financial advisor, Ric Edelman, is now telling people that it's time to boost that Bitcoin allocation to at least 10% and perhaps even as high as 40%. Edelman is in the Barron's Financial Advisors Hall of Fame, so he obviously knows a thing or two about investing. So what's causing him to ratchet up his suggested Bitcoin allocation?One fundamental point Edelman makes is that the standard 60/40 portfolio (60% stocks and 40% bonds) may no longer be appropriate for most people. People are simply living too long these days, and allocating 40% of your portfolio to bonds won't get you there.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool