Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation

The first book to close theperilous gaps in--andenhance the performanceof--asset allocationAsset allocation is one of today's bestknowninvestment approaches. Problem is, its major precept--that a magic-number, fixed-percentage asset mix will providesuperior results for investors who have dramaticallydifferent goals and needs--is scientificallyunproven and fundamentally flawed.Asset Dedication updates the asset allocationmodel, outlining a seven-step processdesigned to more effectively meet the realneeds of real investors. Showing investorshow to design low-risk portfolios that moreaccurately and successfully dedicate assets, this breakthrough book helps investors fillin the gaps inherent to asset allocation bydemonstrating: Techniques for ascertaining the bestasset mix by determining individualneeds and goalsHow asset dedication providessuperior protection against inflationand market riskInvesting strategies for the threeinvestment life phases--accumulation, distribution, and transfer

• | Author: Stephen J. Huxley
• | Publisher: McGraw-Hill Companies
• | Publication Date: Nov 01, 2004
• | Number of Pages: 288 pages
• | Binding: Hardback or Cased Book
• | ISBN-10: 0071434828
• | ISBN-13: 9780071434829