Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation
Stephen Huxley, "Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation"
English | ISBN: 0071434828 | 2004 | 288 pages | PDF | 1525 KB
English | ISBN: 0071434828 | 2004 | 288 pages | PDF | 1525 KB
The first book to close the perilous gaps in―and enhance the performance of―asset allocation
Asset allocation is one of today’s bestknown investment approaches. Problem is, its major precept―that a magic-number, fixed-percentage asset mix will provide superior results for investors who have dramatically different goals and needs―is scientifically unproven and fundamentally flawed.
Asset Dedication updates the asset allocation model, outlining a seven-step process designed to more effectively meet the real needs of real investors. Showing investors how to design low-risk portfolios that more accurately and successfully dedicate assets, this breakthrough book helps investors fill in the gaps inherent to asset allocation by demonstrating:
Techniques for ascertaining the best asset mix by determining individual needs and goals
How asset dedication provides superior protection against inflation and market risk
Investing strategies for the three investment life phases―accumulation, distribution, and transfer