CNBC’s Gary Kaminsky recently spoke with Jeff Gundlach of DoubleLine Capital to get his thoughts on the outlook for 2012. He offered the following summary (thanks to Ed Harrison):
1. Keep your money in USD based assets.
2. You want to be very concerned about counterparty risk (especially in Europe).
3. Do not buy mortgage backed REITs.
4. Be wary of China.
5. Don’t index in bonds or use fund managers that revert to indexing in bonds.
You can see the full piece below:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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