Monday, August 29, 2011

Marc Faber Investment Strategy

Marc Faber : coming back to your question about the asset allocation , I would hold 25 to 30 percent in Equities , 20 to 30 percent in physical Gold , I would own some bonds and cash and I would own say 25 to 30 percent in real estate which people could own by owning say Asian real estate companies including REITs - in CNBC 23 Aug 2011

It leads to a huge cash flow drain if you have many girl friends

Marc Faber : I do not know your personal conditions whether you are married whether you have children how many girl friends you have and so forth and so on , we do not know I mean these are very important factors because it leads to a huge cash flow drain if you have many girl friends - in CNBC - 23 Aug 2011

We never really came out of the Recession in many different sectors of the economy

Marc Faber : I think We never really came out of the Recession in many different sectors of the economy in some sectors we came out , and if you look at the world , the emerging world has continued to grow throughout the period 2008 up to today , there is a slowdown now occurring in emerging economies but the western world western Europe and the US there is hardly any growth and if you look back say 1999 to today the US as an economy macro-economically speaking is of course much worse off than in 1999 courtesy of the federal reserve I may add - in CNBC

Marc Faber: Do not store your gold in the United States

Marc Faber : “I prefer if investors hold physical gold in a safe deposit box, ideally outside the US, in various locations… Switzerland, Singapore, Hong Kong, Australia, Canada… I think it’s important in today’s very uncertain world to diversify, not only the various asset classes… but also the custody of your assets should be in different jurisdictions.” - in CNBC

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