Liz Young, Head Of Investment Strategy at SoFi, recently shared some advice about when and how to decide which asset classes to allocate in one’s portfolio, during a recent podcast. According to the exec,
“The first rule of portfolio construction is to have asset classes that are not correlated to one another.”
However, on the back of re-emerging inflation, can Bitcoin and other crypto-assets be a saving grace due to the lack of alternatives? After all, “Cash is really not a winning asset in any way, shape, or form.”
Well, the exec believes that a portfolio should have components of “growth, income, and preservation.”
“If you believe that crypto is an asset class that is going to grow over time… It functions as the growth aspect or part of the
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