General:
Name: Huxley Burns Asset Dedication How To Grow Wealthy With The Next Generation Of Asset Allocation Mcgraw Hill
Format: pdf
Size: 2.62 MB
Book:
Title: Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation
Author: Stephen J. Huxley and J. Brent Burns
Language: English
Year: 2004
Subjects: N/A
Publisher: McGraw-Hill Education; 1st edition
ISBN: B001E5W2I8
Total pages: 335
Description:
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
