“If you don’t own gold, there’s no sensible reason other than you don’t know history or you don’t know the economics of it...”
That’s what investment legend Ray Dalio just reminded the world. Dalio is the founder of hedge fund Bridgewater Associates. He’s the 30th richest American ($15.2 billion). When Dalio talks, smart folks do well to pay attention...
In the two-minute clip below, Dalio explains the importance of having gold as a component of your asset allocation. (You can compare his suggested amounts with our models
right here.)
