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Current DateTime: 11:04:02 10 Nov 2009
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Current DateTime: 11:04:02 10 Nov 2009
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    • Don't Get Fooled into This Money Illusion  10 Nov 2009

        Don't get fooled into this money illusion, warns Burkhard Varnholt, CIO at Bank Sarasin. Varnholt & Gerard Lyons, chief economist & group head of global research at Standard Chartered Bank, share how they are investing, in this installment of "Protect Your Wealth."

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        Stay positioned in stocks leveraged to the recovery through year-end, advise Matthew Kidman, portfolio manager at Wilson Asset Management and Kerry Duce, equities strategist at BBY. They explain their strategy in this installment of "Protect Your Wealth."

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Current DateTime: 11:04:03 10 Nov 2009
LinksList Documentid: 32505855
Protect Your WealthProtect Your Wealth
Text Size
Nov.18
3:37 AM ET
Tuesday, 18 Nov 2008
Cash is King, Gold is Not
Posted By:CNBC.com
Topics:Asia

Market swings can be unnerving but some experts are playing it safe by sticking to cash and bonds.

Daphne Roth, Asia head of equity ABN AMRO, for example, is 'overweight' cash as she believes she can easily take advantage of good buying opportunities.

"We have been asking investors to (be) overweight in cash so that in time, when the bear market bottoms, they can go back right in," Roth said on CNBC Asia Pacific's "Protect Your Wealth" segment.

(Watch full interview at left)

Roth also advises clients to put 5 percent of their money into government bonds in this market environment. However, she remains selective on the quality of bonds -- staying away from those below A+ grade. Instead, she suggests investors diversify their portfolio instead.

And though gold is often seen as a safe haven, Roth thinks otherwise. "We are underweight gold. It doesn't behave like a safe-haven asset. It's behaving more like commodities and we are 'underweight' that because as long as the U.S. dollar is strengthening, this space cannot do well, so we are quite negative on gold."

Comments? Questions? Send them in here.


Catch "Protect Your Wealth" on CNBC's Asia Pacific network every Tuesday on "CNBC's Cash Flow," Wednesday on "Asia Squawk Box" and Thursday on "Capital Connection."

© 2009 CNBC, Inc. All Rights Reserved

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