WHEN IT COMES TO INVESTING FOR YOUR FUTURE, THERE'S ONLY ONE SURE BET—ASSET ALLOCATION
THE EASY WAY TO GET STARTED
Everything You Need to Know About How To:
Implement a smart asset allocation strategy
Diversify your investments with stocks, bonds,real estate, and other classes
Change your allocation and lock in gains
Trying to outwit the market is a bad gamble. If you're serious about investing for the long run, you have to take a no-nonsense, businesslike approach to your portfolio. In addition to covering all the basics, this new edition of All About Asset Allocation includes timely advice on:
Learning which investments work well together and why
Selecting the right mutual funds and ETFs
Creating an asset allocation that’s right for your needs
Knowing how and when to change an allocation
Understanding target-date mutual funds
"All About Asset Allocation offers advice that is both prudent and practical--keep it simple, diversify, and, above all, keep your expenses low--from an author who both knows how vital asset allocation is to investment success and, most important, works with real people." -- John C. Bogle, founder and former CEO, The Vanguard Group
"With All About Asset Allocation at your side, you'll be executing a sound investment plan, using the best materials and wearing the best safety rope that money can buy." -- William Bernstein, founder and author, The Intelligent Asset Allocator
All About Asset Allocation, 2nd Edition
This book is very informative providing well documented explanations for the recommended approach to investing.
I wish I had this information years ago, it would have saved me many years of losses, along with the ridiculously high fees charged by so-called experts. I trusted Fisher Investments and others only to loose, sustaining many years of setbacks while they made very high management fees.
After reading this book, the reader will be able to easily manage their savings and investments using low cost funds and ETFs and avoiding the erosive effects of high management fees.
One final note, the author needs to have an editor correct the spelling and word errors that are found throughout the book.
Excellent & Informative
Richard provides a detailed description of Modern Portfolio Theory (MPT) and how it can be applied through the rebalancing of multiple asset classes of varying levels of correlation. He goes into depth on how each asset class operates, how they can be integrated into a portfolio, and which low cost index funds best represent these asset classes. Finally, he summarizes the importance of proper risk analysis.
A great foundation book
This book coupled with Rick Ferri’s Core-4 free website were of enormous value when deciding my asset allocation. The most useful book I’ve read on the subject!