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Why a famed financial advisor thinks crypto should be up to 40% of your portfolio

  • Financial advisor Ric Edelman suggests allocating up to 40% of portfolios to cryptocurrencies, a significant increase from his previous recommendation of 1% a few years ago.
  • Edelman believes in allocating at least 10% of a portfolio to crypto assets and as much as 40% in some cases, citing the outperformance and growth potential of digital assets.
  • He argues that portfolios with bitcoin have historically generated higher returns with lower risk and emphasizes the importance of including crypto in investment strategies.
  • Edelman criticizes the traditional 40/60 mix of stocks and bonds, advocating for portfolios that can generate revenue for 50 years or more with increased exposure to cryptocurrencies, especially amid blockchain technology advancements.

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