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Amal
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| 23 April 2009, 06:34:45 |
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Dear Rajesh
Right and wrong. You are right that asset allocation works. i give you full marks. But wrong in marking the percentage on it you cannot generalise on the percentage of what should be ones allocation pattern. Secondly you can have more number of assets besided the debt and equity. it could be gold or currency or some thing else also.
Not that to belittle you just to clear the point for others that yes asset allocation works but one has to sit and plan it with a good advisor and then implement this. |