CNBC.com
February 16, 2010
[efoods]Global stocks were mixed Friday, with European shares paring earlier gains after preliminary data showed the euro zone economy’s recovery faltered in the fourth quarter, on top of investors still uncertain as to what will happen to Greece.
Experts told CNBC that given Greece’s troubles, investors should get out of stocks and bonds and into something safer, like cash.
Up Exposure to Cash
With the uncertainty surrounding Greece’s fate, David O’Neil, CIO at ASEAN Investment Management, advises investors to have a reasonably good cash weighing.
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