Money Talks Podcast: Are safe haven assets really safe?
How much gold and defensive stocks should you have in your investment portfolio?
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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
