Asset Allocation Essentials: Simple Steps to Winning Portfolios

Autor Thomsett, Michael C.
Idioma Ingles
Formato Soft Cover
Editorial Marketplace Books
Edición y Año 2003
ISBN 

Sinopsis

Asset allocation plays an integral role in the construction of every investment portfolio. Now, this compact new guide puts it in the context of today's contemporary investment world. Written in non-intimidating language even your clients can appreciate, you'll discover simple, powerful steps to building consistently winning portfolios.

Table of Contents:

Foreword
by Blaine Maxfield  11
SVP, SunGard Online Investment Systems
Introduction
Why Allocate? 15
Chapter 1
THE IMPORTANCE OF DIVERSIFICATION  19
Forms of Diversification  19
Pitfalls of Diversification  24
Chapter 2
ASSET ALLOCATION RISKS  31
When Diversification Is Excessive  31
Market Changes  34
Anticipating Change  35
Using Asset Allocation to Protect Your Position  36
Investment Volatility Risk  38
Fundamental Volatility  43
Asset Allocation in the Post-Enron Age  44
Chapter 3
THE PERSONALIZED PROGRAM   47
Identifying Specific Goals and Needs  50
Allocation of Available Resources  54
Matching Resources with Goals  56
How Personal Situations Evolve Over Time  59
Investment Needs Versus Risk Tolerance  61
Risk Tolerance and How It Changes Over Time  64
Tailoring Your Individual Strategy  66
Chapter 4
MISCONCEPTIONS ABOUT ASSET ALLOCATION.  69
Looking for the Magic Bullet   69
Personal Financial Planning  71
Allocation as a Key to Effective Planning  72
Creating the Winning Portfolio   73
Chapter 5
REVIEW YOUR KNOWLEDGE  75
Resource Guide   85
Recommended Reading  87
Important Web Sites  89
Publications of Interest   91
About the Author 97