Ray Dalio wants investors to have 15% of their portfolios in gold. Here’s what others think of his advice.

Core Viewpoint - Ray Dalio, founder of Bridgewater Associates, advocates for a significant allocation of gold in investment portfolios, suggesting 15% as a hedge against economic uncertainty, contrasting with traditional advice of a 60/40 stock-bond split [1][2]. Group 1: Economic Context - Dalio compares the current economic landscape to the early 1970s, highlighting concerns about the effectiveness of debt instruments as a store of wealth amid high debt supply [2]. - Gold is viewed as a protective asset against inflation and market volatility, particularly in uncertain economic times [2]. Group 2: Asset Allocation Perspectives - Financial planners express varied opinions on gold allocation; while Dalio recommends 15%, others suggest lower percentages, with some advising a maximum of 5% for gold in a portfolio [3][4]. - BlackRock's portfolio manager suggests a strategic allocation of 2% to 4% for gold, while Fidelity recommends a "small percentage" of gold exposure [5].