This question was asked of Brent from Santiago Capital by Daniella Cambone.
Where would you invest $100K right now if a client handed it to you?
His Breakdown;
Cash - $20K
RE - $20K
Gold - $20K
The Dow - $20K
FI - $20K
He didn't give specifics other than that. Diversify and use this as a guideline. I have no idea what his fixed income allocation would it be relative to bonds or pref shares.
He is big on diversifying and risk management of assets. All things you would expect from a professional money manager. They all treat client's money with risk management at the fore front and that's what they should do.
Retail investors are not bound by the same constraints but we should think about risk and protecting our downside.
I personally don't buy any fixed income products or buy bonds. Not now or ever. My hedge or inflation protected asset is in old silver coins and Bitcoin.
I've never really thought much about gold because it is really close to it's all time high whereas silver is still 60% away from it's ATH.
To me if you want portfolio insurance then the better buy would be silver. NOT silver or gold stocks but the actual physical metal. Again, less risk.
I am also building cash looking to buy in November when the stock loss selling season is getting underway in earnest or any crash before that.
I hold very little U.S. assets due to tax considerations and for me right now prefer investing in Canadian Dividend Growth stocks for retirement income.
I consider my DB pensions enough fixed income so my investments are all equity.
I am currently looking at investing in a Nasdaq or S&P ETF for equity diversification.
At least Brent gave out some free investment advice when asked the question. Most wouldn't.
Where would you invest $100K today?
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