Maleeha Bengali, founder of MB Commodities Capital, joins TheStreet to explain why she feels retirees should be investing in commodities.
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00:00If I am near retirement age or I'm a retiree, which a lot of our viewers are, is that 10 to 20% too much risk?
00:08No, not at all. I'll tell you why. Because if you're aggressive, like I would allocate 30 or 40%.
00:13If China comes back and we see massive value in commodities, I would probably get out of bonds and go more into commodities.
00:18But if you're a conservative portfolio manager, right, think about your money you have in your pocket right now.
00:22Your dollar is getting devalued every single day based on inflation, based on more fiscal spend.
00:27So you as a retiree will have to put some money into either the savings market or into commodities
00:31because commodities are the best inflation-protected securities, right, because they go up with inflation.
00:36So if you want to allocate, you know, don't go with something risky like nat gas or something like tin or, you know, what have you.
00:42Copper, oil and gas, these are like stable, you know, commodities to get involved in.
00:46Gold and silver, I always tell all my big pension clients, put your money in physical gold, physical silver.
00:51You have to. If you don't have it today, you're losing out because that's doing incredibly well.
00:55And through 10 years, gold always holds its value.