All About Asset Allocation

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. 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 will bring you back into the modern era with a comprehensive, yet readable, exposition of how to apply to your investment portfolio what seven decades of financial research have taught us about investing. Building an asset allocation is much like putting up a skyscraper. You will need blueprints—what asset classes to buy, which ones to skip, and how much of each to use. You will also need the construction materials—which building blocks to buy, and whom to buy them from. Rick Ferri provides you with both of these, in spades.

Contents:

• Planning for Investment Success
• Understanding Investment Risk
• Asset Allocation Explained
• Multi-Asset-Class Investing
• A Framework for Investment Selection
• U.S. Equity Investments
• International Equity Investments
• Fixed-Income Investments
• Real Estate Investments
• Alternative Investments
• Realistic Market Expectations
• Building Your Portfolio
• How Behavior Affects Asset Allocation Decisions
• When to Change Your Asset Allocation
• Fees Matter in Asset Allocation Planning