Very interesting survey of Consumer Finances & Financial Accounts in USA. You can see a huge variance in what asset allocation takes place in 4 groups of people - Top 1% all the way to the Bottom 50%.
We constantly work with our clients to evaluate their asset allocation - Debt, Gold, Real Estate, Equity & Alternative Investments. This is key for good long term consistent returns.
No asset class is good or bad...it is a question of one's goals and risk appetite. All of us have varying percentages of these assets in our portfolio.
The question is does your allocation match your goals and risk appetite?? When was the last time you reviewed it?