Witnessing market reactions triggered by global or local events might tempt you to juggle your investments to find a safe haven. This seems the smart thing to do. We've all seen how the price of gold shoots up during or shortly after major events. It happened with Brexit and when Donald Trump won the US presidential election.Does that mean buying gold is a good idea? Not necessarily. "We've never invested in gold. It doesn't pay you a dividend," says Duggan Matthews, a fund manager at Marriott. "It's also very difficult to value. We prefer to invest in equities that are resilient to inflation."If you're in search of something slightly safer than equities, emerging-market bonds may seem attractive, but be warned: the yield is low. You can get a 7% or 8% return. However, if inflation is around 6% or 6.5%, the real return is 0.5% to 2%."A global investor sitting in Europe, Japan or America - where inflation is very low - would find emerging-market bonds attractive because the real retu...
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