An asset allocation strategy may be developed to provide diversification among different investment categories, such as equity, debt, cash, international investments and real assets, such as gold and real estate.

In the past few months, central banks have been raising short term interest-rates in fighting inflation. The current conviction tends to favour deflation, which is a major shift from the runaway-inflationary fears present not so long ago. In our view, it is not true as we are still living in a highly inflationary environment.

When saving and/or investing money the ultimate purpose for which the dollars may be used should be kept in mind. Unfortunately, many good investments have an inappropriate time frame for the purpose for which they were acquired.