Asset dedication : how to grow wealthy with the next generation of asset allocation /
Stephen Huxley.
- 1st ed.
- [S.l.] : McGraw-Hill, 2004.
- 288 p. ; 23 cm.
Hardcover.
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.