"Be 100 per cent in equities"

Discussion in 'Markets & Economies' started by goldpelican, Feb 8, 2012.

  1. Contrarian

    Contrarian New Member

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    100 % is taking it too far. But if you've got your debt down, your all cashed up and have filled your bomb shelter with PM's then it wouldn't hurt to take on a bit of risk and the sharemarket ripe for the picking.

    C
     
  2. systematic

    systematic Well-Known Member

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    "Be 100 per cent in equities," Laurence D. Fink, chief executive officer of BlackRock Inc., the world's largest money manager, said in a Bloomberg Television interview from Hong Kong today. "I don't have a view that the world is going to fall apart, so you need to take on more risk. You need to overcome all this noise and there are great values in equities."

    I read it as: I don't have a view that the world is going to fall apart, so you need to take on more risk.

    That is coming from the world's largest money manager that makes a living using other people's money.
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Also read the above advice as: If you are a billionaire...........
     

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