Schwab says even a 1% crypto allocation can reshape portfolio risk
By Helene Braun
Charles Schwab's research reveals that even a 1% allocation to cryptocurrencies can dominate a portfolio's risk due to crypto's extreme volatility, including 70% price swings. This suggests that the optimal crypto allocation depends entirely on an investor's risk tolerance. The findings highlight how small crypto positions can significantly reshape overall portfolio risk.
Not financial advice. Do your own research before making investment decisions.