Asset Dedication : How to Grow Wealthy with the Next Generation of Asset Allocation

by Stephen J. Huxley, J Brent Burns

Overview

The first book to close the perilous gaps in—and enhance the performance of—asset allocation

Asset allocation is one of today’s best-known 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
Publisher:	McGraw Hill LLC
Publication date:	10/21/2004
Pages:	288
Product dimensions:	6.30(w) x 9.10(h) x 1.10(d)

About the Author

Stephen J. Huxley, Ph.D., and J. Brent Burns(San Francisco, CA) are founding partnersof Asset Dedication, L.L.C. Dr. Huxley, aregistered investment adviser, is a professorof decision sciences at the University ofSan Francisco.

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide