Got Gold?

What does Ray Dalio, the legendary founder of the world's largest hedge fund, have to say about owning gold?

Gold should be a part of everyone's portfolio to some degree because it diversifies the portfolio... If your investment portfolio doesn't have at least 10% of the yellow metal, you don't know history.

Ray Dalio is spot on ... throughout history gold shines. For thousands of years, gold has been viewed as the most valuable commodity worth owning. While other currencies have come and gone, gold has always maintained it's value. In the modern era, gold is what societies and governments trust the most as a reliable safe haven, especially during times of uncertainty and crisis.

So why have at least 10% of your investments in gold? When events cause the value of paper investments (stocks, bonds and currencies) to decline, the price of gold typically increases. Owning gold is insurance against unforeseen events while providing meaningful diversification to your investment portfolio.

Be safe - get gold.