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:                              ...

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:                                ...

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. On top of this, we don’t even know how much effective it will be. Noy much...