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 [...]
Asset Allocation
Just in case you wondered… This is my current asset allocation (excluding real estate and debt) in this current troubled times:
Cash or equivalent: 90%
Equity (EM): 7%
Gold: 3%
Currency-wise:
USD: 50%
Euro: 34%
UK Pound: 16%
I am thining to add on Gold, but definitely not US equity - if anything, I would short them.
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The big rush for cash
A recent Citi estimation talks of 600bn$ of cash being hoarded up by hedge funds. Not a surprise. The fly to safe lands (cash) coupled with deleveraging was already happening, and it looks like it is assuming epic dimension right now. Not a suprise, considering the following gib question marks:
the 700bn$ bailout is facing challenges. [...]