Asset Allocation May 2009

Just in case you wondered… This is my current asset allocation (excluding real estate and debt) in this current troubled times. Just a tiny increase in gold – buying gifts for my wife )):

Cash or equivalent:            88%

Equity (EM):                     7%

Gold:                               5%

Currency-wise:

USD:                                 50%

Euro:                                 34%

UK Pound:                         16%

Thinking to dump dollars. With so much printing going on there, it’s probaby wise to swap some of them for hard currencies like Euros.