Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation 2004-08
Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation 2004-08
HarperOne | 2004-08-01 | ISBN: 0071434828 | PDF | Page: 288| 1.5 Mb
The first book to close the perilous gaps inâ€â€and enhance the performance ofâ€â€asset allocation
Asset allocation is one of today’s bestknown investment approaches. Problem is, its major preceptâ€â€that a magic-number, fixed-percentage asset mix will provide superior results for investors who have dramatically different goals and needsâ€â€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 phasesâ€â€accumulation, distribution, and transfer