Cash is still king in 2015 - at least as per the recent survey done by Manulife on 500 people polled online.
As per the image on the left, 25 percent will "invest" in cash more than any other assets. While stocks/equities came in second (with 21 percent).
What I don't quite understand from the result is this : 25 percent of people pooled viewed that stocks/equities will be the top performer in 2015. However, only 21 percent of them willing to invest in this asset more? Is it because they are more risk-averse this year or they themselves is not very confidence with their view in the first place? ;-)
Two other interesting side result of the survey are :
- On average, cash constituted 36 percent of their total asset allocation.
- Cash holding of local investors are equivalent to 46 months of income (significantly higher than ...
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