I want to express this as a percentage.
(A) STOCKS AND LIQUID FUNDS
(i) Stocks 30%
(ii) Money Market Instrument 15%
(iii) Liquid Cash 5 %
(iv) Mutual Funds /Unit Trust etc 15%
About money market instruments,I am referring to fixed income securities like treasury bills,bonds,commercial paper,fixed or demand deposits.For liquid cash,it is more ideal to store in various currencies,. It is a must for an investor to have a multi hard currency account (Euro,Sterling,Dollars) and the local currency to create a balance and to beat inflation.
B REAL ESTATE 35%
For Stocks /real estate,diversification in other markets highly recommended. Also mutual fund managers that invest across markets makes it more balanced.
Instead of shying away from real estate for the fear of being conned
(a) Involve responsible lawyers for search and verification.
(b) Don;t deal with individuals,deal with tested,proven real estate firms,pay the price and have your mind at rest.
(c) For Land matters go for plots in a big estate with a well defined layout with a global titles
Land in Africa is one asset that always rise irrespective of economic situation.
AFRICAN INVESTOR
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .