Shinhan Analyst Pushes for 2% Bitcoin Allocation in Korean Portfolios

A top analyst at Shinhan Investment & Securities has recommended Korean investors rethink their traditional 60/40 stock-and-bond portfolio. Park Woo-yeol, a senior analyst, suggests a new mix of 60% stocks, 30% bonds, 8% gold, and 2% Bitcoin.

Park argued that the traditional 60/40 split is no longer effective because when stock prices drop, bonds often fall with them. This means bonds can no longer provide the safety net they once did.

To find a solution, Park's team tested dividing a 10% slice of the portfolio between gold and Bitcoin. They found that an 8% gold and 2% Bitcoin split offered the best balance of risk and reward.