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

Asset Dedication: How to Grow Wealthy with the Next Generation of Asset Allocation by Huxley, Stephen. hardcover edition. ISBN: 9780071434829.

The first book to close theperilous gaps in―andenhance the performanceof―asset allocation Asset allocation is one of today’s bestknowninvestment approaches. Problem is,its major precept―that a magic-number,fixed-percentage asset mix will providesuperior results for investors who have dramaticallydifferent goals and needs―is scientificallyunproven and fundamentally flawed. Asset Dedication updates the asset allocationmodel, outlining a seven-step processdesigned to more effectively meet the realneeds of real investors. Showing investorshow to design low-risk portfolios that moreaccurately and successfully dedicate assets,this breakthrough book helps investors fillin the gaps inherent to asset allocation bydemonstrating: Techniques for ascertaining the bestasset mix by determining individualneeds and goals How asset dedication providessuperior protection against inflationand market risk Investing strategies for the threeinvestment life phases―accumulation,distribution, and transfer