Despite the sell-off in tech stocks, the CIO said he advises clients to have continued exposure to the sector. That's because the coronavirus pandemic has accelerated many trends, such as the adoption of technology and e-commerce, he said.is typically an investment strategy that seeks to balance risk and reward by investing in two extremes of high risk and no risk assets, and avoiding middle-of-the-road choices.
Income-generating assets, including corporate bonds and Singapore-listed real estate investment trusts. He added that he also likes gold as a way to diversify and add resilience to the portfolio. Overall, Hou said he advises clients to build a portfolio made up of around 40% of secular growth stocks, 40% to 50% of income-generating assets and 10% in alternative assets which are primarily gold.
"We're in a world of ultra-low interest rates, so the income-generating part of it will give you higher yield than that you can get from deposits. Together with that kind of construct, we think we should be able to do well irrespective of the cycles that we're in," he said.
Deez nuts are nice and healthy
Leftist propaganda.
After the run we've had, an easy 10% correction is welcome
Over 5% in Nasdaq in one day is healthy? Haha. We shall see
Esp when tech represents almost all of the entire market
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