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
Product Details
ISBN-13: 9780071434829
Media Type: Hardcover
Publisher: McGraw Hill LLC
Publication Date: 10-21-2004
Pages: 288
Product Dimensions: 6.40(w) x 9.30(h) x 1.03(d)
About the Author
Stephen J. Huxley, Ph.D., and J. Brent Burns (San Francisco, CA) are founding partners of Asset Dedication, L.L.C. Dr. Huxley, a registered investment adviser, is a professor of decision sciences at the University of San Francisco. McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide