“Emerging markets in our portfolio is up 9 percent last year,” he explained.
"One of the best way to diversify your portfolio is to have high book-to-market value stocks," Matson continued.
"We’re relatively high in financials and consumer goods right now, versus the S&P."
In the meantime, Nusbaum said investing in commodities—especially gold, silver and platinum—is the way to go.
“I like the actual gold bullion,” he said. “If you can get a discount, if you can look at a trend and buy Comex or futures, you can’t go wrong…I would pay a little bit of a premium to sleep nights rather than shoving dollar bills into my pillow. I just don’t see the dollar as a bet, or the euro or any international currencies.”
Nusbaum recommended the consumer staples for investors looking into equities.
“I’d focus on the consumer staples like Kraft , P&G —places you know are going to be here tomorrow,” he said. “We don’t need long-term risky investments.”
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No immediate information was available for Matson or Nusbaum.