Thursday, August 21, 2008

Marc Faber's advice on asset allocation

Short follow up on my yesterday's post on insurers cutting back on equities. In his interim report to his subscribers, Marc Faber is in opinion one needs to hold a lot cash and some gold or real estate related (REIT?). Only 5% for equities, that is extremely bearish.



Got to think more about this topic -- asset allocation -- over the weekend.

1 comment:

TOTOMASTER said...

HUAAN results is out... time to do your home work turtie! kekeke... thanks