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Morton Fox, Katie, Zee from WeDoCreative and gnu liked this
"High Net Worth population rises to over 10 million, with assets reaching $40.7 Trillion, as average HNWI Wealth surpasses $4 Million for first time, reveals 2008 World Wealth Report. Download the 2008 report to learn more about how HNWI populations grew by 6.0% in 2007, to a total of 10.1 million individuals with the Middle East, Eastern Europe and Latin America advancing and outpacing more developed regions." - Mitchell Tsai
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Cap Gemini's World Wealth Report 2006 - Asset allocation of HNWI (High Net Worth Individuals)
31% Equities, 22% Alternative Investments (Hedge Funds, Commodities,
Foreign Currencies, etc..), 21% Fixed Income, 16% Real Estate, 11% Cash - Mitchell Tsai
From 2006 to 2008, HNWIs shifted to more cash & fixed income (up 13%) and less real estate & alternative investments (down 16%). - Mitchell Tsai
Cap Gemini's World Wealth Report 2008 - Asset allocation of HNWI - 33% Equities, 27% Fixed Income (up 6%), 18% Cash/Deposits (up 7%), 11% Real Estate (down 5%), 11% Alternative Investments (down 11%). - Mitchell Tsai
See also Harvard's allocation strategy for their $45 billion http://friendfeed.com/e/c51c0a... 33% US/World equilty, 13% Private equity (up 2%), 18% Absolute return, 8% Commodities, 9% Timber/Land, 9% Real Estate, 11% bonds (down 4%), -3% Cash - Mitchell Tsai
Note: Wealthy people (11%) and Harvard (9%) have really small amounts of money in real estate, unlike most middle-class (and the ton of people trying to get rich on real-estate). But real-estate is that rare item that middle-class people feel comfortable leveraging 5X (e.g. 20% down-payment)... If you leveraged the stock market 5X, you'd make more than on most real estate. :-) - Mitchell Tsai









