There is a larger question that must be asked in discussing the recent introduction of new Claymore funds tracking global real estate and infrastructure: just how many asset classes does a portfolio need? How much more diversification benefits can real estate, infrastructure, commodities, or even more exotic asset classes provide? In Unconventional Success, David Swensen [...]
Stocks have staged a significant recovery after falling sharply in the first quarter of 2008. The TSX Composite is up about 19% from its low in January and the S&P 500 is up about 11% from its mid-March swoon. If the lows reached in the first quarter was indeed the market bottom, we can classify [...]
The portion of your portfolio that should be allocated to equities depends on your ability, willingness and need to take risk. One of the factors affecting the ability to take risk is time horizon: investors with a long time horizon can allocate a greater percentage to equities than investors with a shorter time horizon. Larry [...]
