Friday, July 23, 2010

Mohamed El-Erian on Money magazine

"The typical U.S. investor tends to have about 80% of equities in the U.S. The world of tomorrow suggests a much greater exposure overseas. In general, you should consider holding a third of your equities in the U.S., a third in industrial countries outside the U.S., and a third in emerging markets." PIMCO co-CEO Mohamed El-Erian told Money magazine

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