úterý, 3. dubna 2007

Tiger21 - investment club comprised of super-rich members

  • Asset allocation - 30% stock, slightly less than 28% is in real estate, 15.6% is in fixed-income investments, 8.8% is in private equity, 9.6% is in alternative investments such as hedge funds, and 9% is in cash
  • 3% rule - 3% of assets annually to live is the maximum one can spend each year before stressing one's portfolio and tilting it towards short-term income over long-term gains
  • holding 9% of assets in cash allows the club members to withstand three years of market distress without having to liquidate long-term holdings at unnecessary losses
  • members with the most direct and long-term experience in the markets often cite the historically low credit spreads and growing convergence of returns between different asset classes as underlying concerns for the future.
  • Most members cite fixed income, cash, and diversification as the elements of their portfolios which give them most comfort
  • more ...

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