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A new report from Charles Schwab challenges the question of how much cryptocurrency is "right" for a portfolio.
Charles Schwab finds even 1% to 3% crypto allocations can significantly increase portfolio volatility.
KEY POINTS
- Schwab recommends using a 'risk budget' approach over traditional return forecasts for crypto allocation.
- In conservative portfolios, small Bitcoin positions can disproportionately drive overall portfolio risk.
- Charles Schwab is launching a 'Schwab Crypto' account for direct bitcoin trading, pending regulatory approval.
COMPANIES
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