ASSET DEDICATION: How to Grow Wealthy with the Next Generation of Asset Allocation
Book Details
Author(s)Stephen J. Huxley, J Brent Burns
PublisherMcGraw-Hill Education
ISBN / ASINB001E5W2I8
ISBN-13978B001E5W2I4
Sales Rank1,265,984
MarketplaceUnited States 🇺🇸
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
