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40% emerging markets stocks which I know very well and always follow them from quarter to quarter. 60% in cash. I think a crisis will happen so I would rather
by thiago_fm 8y ago
40% emerging markets stocks which I know very well and always follow them from quarter to quarter.
60% in cash.
I think a crisis will happen so I would rather keep my money so when it happens, I can buy some stuff.
- marketgod 8y agoHow long have you been in cash? Are you at least putting your cash in a GIC or bonds or treasury bills so you get some relief? Cash decreases in value by the inflation rate daily so it's not a wise investment. The market looks fine right now.
- thiago_fm 8y agoI don't care about 2% a year, a bit more would cost me LIQUIDITY or would cost me more % if I need liquidity. Again, I care about liquidity. I currently make more in a month than that. I would only care about this if I would be already financially independent, with a few mlns on my bank. Market doesn't look fine to me. Yield curve changed. Very likely that in 18 months there will be a crisis.