Amanda Cheong asked 2 years ago
As we move into seemingly uncertain waters in the next few months, and with market PE >25, one of the lessons mentioned something about being only 10-20% invested and keeping the rest in cash. Instead of cash what about putting a percentage say 10% into gold? As gold is fairly liquid, could it be considered a cash equivalent?
1 Answers
Victor Chng answered 2 years ago
Hi Amanda,
Personally, I don;t invest in gold but I will not consider it as cash. I will consider it as an asset class.
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