Get out of the dollar now


I consult with several people on my portfolio diversification. One of these people is Teddy Christiansen who keeps track of my accounts. Here is what he recently shared.

“Gary, Your portfolio is currently 64.43% in USD versus 35,57% in other currencies. I feel this is too much in the US. I would reduce instantly so that you hold 50% to 55% in non U.S. currencies. Convert to Bonds, in Euro, Danish kroner, Swedish kroner, Norwegian kroner and put part in New Zealand and Australian dollars which pay quite good interests now.”

You can see where my portfolio stood.

36% was in US dollar CDs, bonds and one share.

28% was in real estate (US and Ecuador)

21% was in Euros or European currencies

6% was in Australian and NZ dollars

4% in British pounds

5% gold and silver

Approximate percent Currency Investment

of portfolio

2% Danish kroner Jyske Bank shares

2% US$ Bank of Florida shares

12% US$ Savings Accts US dollars

12% REDUCED TO 7% – 5% IS INVESTED IN NATURUAL AWAKENINGS

2% US$ Nederlands Gemeenetn bonds

2% US$ Council of Europe Bonds

2% US$ Rabobank bonds

3% Nowegian kroner Norway Gvt Bonds

2% Australian $ LB Rhebland Phalz Bonds

2% Canadian $ Canadian Generic Street bonds

2% British Pounds British Telcom bonds

1% US$ US Treasury Coupon

3% Danish kroner Great Belt bonds

2% New Zealand $ Swedish Export Bank bonds

3% Gold

2% Silver

2% British pounds CD British Pounds

2% Euro CD Euro

6% Euro Dresdner Bank bonds

4% US$ Caterpillar Bonds

4% US$ Deutch Ausgleich bonds

4% US$ European Development bank bonds

4% US$ European Investment bank bonds

3% Mix 12 growth shares

28% Real Estate

2% Mix Current

OTHER PORTFOLIO CHANGES

– 5% SWISS FRANC LOAN AT 3%

4% US$ TAX LIEN LOANS

1% EURO BONDS

Look for tomorrow’s message that shows ways I am shifting my portfolio now. Until then, good investing!

Gary


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