Thursday, July 08, 2010

"Invest like a millionaire"

From a Marketwatch article.

>>
According to the Capgemini and Merrill Lynch Global Wealth Management 2010 World Wealth Report, these high-net-worth individuals had, on average, 29% of their assets in stocks in 2009; 31% in bonds, and 17% in cash.

They also kept 18% in real estate, including commercial real estate, real estate investment trusts (REITs), residential real estate (excluding their primary residence), undeveloped property, farmland and the like, and 6% in alternative investments, such as structured products, hedge funds, derivatives, foreign currency, commodities, private equity, and venture capital.
>>

One caveat is that the survey is done by Merrill Lynch, so it is going to skew towards products they sell such as stocks and bonds. As I have always advocated since starting this blog, for the average investor (not trader), diversifying slowly into age appropriate assets is usually the best way to go.

No comments: