Cash Plus Money Loan - Transcript of the roundtable discussion, audios - Colorado Springs Gazette
And even more specific, having emerging markets exposure — the emerging markets index was up 40 percent in 2007 — any portfolio weighted toward foreign markets did really well last year. Last year separated those factors in a pretty broad fashion — the spread between financials being down 20 percent and energy being up 30 percent is a big deal depending on how you weighted your portfolio toward those various sectors. We’ve reduced our international exposure 10 percent and we’ve reduced our energy from 24 percent to 18 percent. Right now we’re sitting at 62 percent stocks and 32 percent fixed income, six percent cash and this doesn’t reflect any sort of market bias. If no one is lending money on housing and those houses are down 7 percent, 8 percent, 10 percent, 20 percent or 30 percent in some markets, there’s just no opportunity to go back to that well. Find Out More
No Tags