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How much gold and defensive stocks should you have in your investment portfolio?
06 Feb 2024 07:21AM
Gold and other precious metals, certain currencies and some defensive stocks are often considered safe haven assets. But are they really zero risk?
Vasu Menon, managing director of investment strategy at OCBC, explains why these assets are a popular choice during an economic downturn.
Gold offers you zero carry or zero yield … you should not over-invest in it. Treat it as an insurance policy … have some of it in a portfolio but not all of it.
Jump to these key moments:
0:55 HDB prices, China Evergrande
5:09 Why is there demand for gold
10:48 What are safe haven assets
12:50 Investing in currencies
21:33 Defensive stocks
25:52 How to buy safe haven assets
Source: CNA/ta
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