Edelman Advises Up to 40% of Portfolios in Crypto, Citing 15-Year Performance
Ric Edelman, the founder of a prominent $300 billion investment advisory firm, has made a striking recommendation, suggesting that investors should allocate a significant portion of their portfolios to cryptocurrencies. Edelman declared that the traditional 60/40 stock-bond allocation model is outdated and that owning crypto is no longer a speculative position but a necessity. He advised aggressive investors to hold up to 40% of their assets in crypto, 25% for moderate investors, and 10% for conservative investors.
Edelman’s recommendation is grounded in the idea that investors need to plan for living past 100, which requires more than just stocks and bonds. He argues that a passive market-weighted index comprised of all asset classes…
