عنوان

Asset dedication :

شابک

0071434828

شابک

9780071434829

شماره

b606877

عنوان اصلي

Asset dedication :

نام عام مواد

[Book]

ساير اطلاعات عنواني

how to grow wealthy with the next generation of asset allocation

نام نخستين پديدآور

Stephen J. Huxley, J. Brent Burns.

محل نشرو پخش و غیره

New York

نام ناشر، پخش کننده و غيره

McGraw-Hill

تاریخ نشرو بخش و غیره

©2005.

نام خاص و کميت اثر

xiv, 315 pages : illustrations ; 24 cm

متن يادداشت

Machine derived contents note: Contents --; Part 1. Asset Dedication: The Next Step In Asset Allocation --; Chapter 1. Asset Allocation ̨The Dominant But Procrustean Paradigm --; The Roots of Asset Allocation --; Basing Allocations on Historical Averages --; Why Not 100 Percent Stocks? --; Chapter 2. Asset Allocation And Its Gaps --; The Emperors̕ New Clothes --; The Pseudoscience of Risk Tolerance Questionnaires --; Active vs. Passive Management: When Will Brokers Learn? --; Asset Allocation is Not All Bad --; Just Oversold And Misused --; Chapter 3. Asset Dedication ̨How it Works --; The Asset Dedication Approach --; The Precise Elegance of Asset Dedication --; Asset Dedication Step by Step --; Investing with Ms. Smith --; Advantages Offered by Asset Dedication --; Chapter 4. Asset Dedication vs. Asset Allocation --; Historical Comparisons From 1926 --; Asset Dedication Returns Beat Asset Allocation Returns --; Test Period 1: 1990-2000 --; Test Period 1: 1976-2002 --; Test Period 1: 1947-2002 --; Test Period 1: 1926-2002 --; What About Other Stock and Bond Choices? --; Large Company Stocks With Other Bond Categories --; Small Company Stocks With Other Bond Categories --; What About Risk? --; Risk And The Critical Path --; Part 2: Dedicating Assets Before and After Retirement --; Chapter 5. Calculating Your Financial Independence --; Economic Phases in a Persons̕ Life --; Financial Planning In The Accumulation Phase --; The I︡ndependence Calculation ̋ --; The Hard Part: Basic Life Choices --; The Retirement Goal --; Conclusion: --; Chapter 6. Finding Your Critical Path --; The Critical Path Leading To Financial Independence --; The Critical Path As The Roadmap To Retirement --; Avoiding a Blunder --; The Market Decline of 2000 --; More Examples ̨A Younger Group --; What If I cannot save enough? --; Chapter 7. The Distribution Phase: Dedicating Assets To Do Their Job --; The Three Classic Retirement Questions --; A D︡o It Yourself ̋Retirement Portfolio --; The Mathematics Behind Asset Dedication --; The Critical Path After Retirement --; Maintaining and Reloading The Income Portion --; Chapter 8. Building An Asset Dedicated Portfolio: Doing It Yourself On The Internet --; Making The Choices And Entering The Decisions As Inputs --; Scenarios: Scenarios: Testing The Consequences of Various Choices --; Details: The List of Bonds To Buy --; Chapter 9. Using Asset Dedication For More Than Steady Retirement Income --; An Irregular L︡umpy ̋Withdrawal Stream --; Taking Care of Grandma --; The Legal Settlement --; Supporting Grants From The J Foundation --; Professional Athletes, Pension Funds, Corporate Controllers, Public Agencies, Etc. --; Part 3. Theoretical Underpinnings Of Asset Dedication: --; Some Fundamentals from Economics, Investing, and Mathematics --; Chapter 10. Life, Death, Taxes, Economics, And Time --; The Time Value of Money --; Trade-offs --; Taking Advantage of Favorable Tax Laws: Pension and Retirement Plans --; Finding a Financial Advisor --; Chapter 11. A Few Investment Fundamentals (20) --; From Start-up to Wall Street: The Zapper Story --; Stocks --; Mutual Funds and Index Funds --; Passive vs. Active Management --; Classifying Stocks and Mutual Funds --; Bonds and Bond Funds --; Classifying Bonds --; Inverse Relationship Between Bond Prices and Interest Rates --; Conclusion --; Chapter 12. A Few Quantitative Fundamentals --; Basic Descriptive Statistics --; Present and Future Values --; Total Return --; Annualized vs. Average Annual Total Return --; Internal Rate of Return (IRR) and the Beardstown Blunder --; Risk vs. Volatility --; Measuring Portfolio Performance --; Optimization --; Monte Carlo Analysis --; Chapter 13. Myths, Magic, and Other Marvels of Math --; Probability ̨Where Intuition Often Fails --; One Source of Distorted Intuition --; The Combinatorial Explosion --; The Expert Coin Flipper --; A Truly Magical Formula --; Common Myths in Growth Rates --; Myth #1: Growth Rates Can Be Averaged Over Time Spans --; Myth #2: Long Term Annualized Rates Apply to the Short Term --; Myth #3: Half at 10 percent, Half at 20 percent Means 15 percent Overall --; Myth #4: Sequence of Returns Does not Matter --; Rate of Return Risk vs. Magnitude of Dollars Risk --; Measuring Risk with the Critical Path --; Part 4 Forecasting: The Good, the Bad, and the Ugly --; Chapter 14. The Good: Forecasts with 100 Percent Accuracy --; What Exactly Are We Trying to Forecast? --; Forecasting Bond Returns --; The WAG Method and Other Basic Forecasting Approaches --; Forecasting Stock Returns --; Predicting Average Stock Returns for One-Year Spans --; Predicting Averages for Five- and Ten-Year Spans --; The Trinity Study Of Sustainable Withdrawal Rates --; Broker Seminars --; Conclusion --; Chapter 15: The Bad: Obstacles and Market Timing --; The Dirty Dozen: 12 Obstacles to Accurate Forecasting --; The Quarterly Time Frame --; The Perils of Market Timing ̨The Impact of the Biggest Day --; Conclusion --; Chapter 16. The Ugly: Predatory Practices, Ethical Violations, and S︡equence ̋Risk --; True Predators --; Ethical Violations? --; Sequence Risk --; Why Sequence of Returns Matters in Retirement --; When Intuition Is Right ̨Case 1 (Zero Withdrawals) --; When Intuition Is Right ̨Case 2 (Proportional Withdrawals) --; When Intuition Is Wrong ̨Case 3 (Dollar Withdrawals) --; The T. Rowe Price Study --; The Best and Worst Case Scenarios for Sequence Risk --; How to Avoid the Sequencing Problem --; Conclusion --; Appendices --; 1 Bond ratings --; 2 Bond Default Rates --; 3 1947-2002 Historical Comparisons --; 4 1926-2002 Historical Comparisons --; 5 Historical Large Cap with other bond Categories Decade by Decade --; 6 Historical Small Cap with other bond Categories Decade by Decade --; 7 Independence Calculation Example --; 8 Rolling Horizon for 1990-2000 --; 9 IRS tables on Withdrawals from IRAs̕.

موضوع مستند نشده

Asset allocation.

موضوع مستند نشده

Investment analysis.

موضوع مستند نشده

Portfolio management.

شماره رده

نشانه اثر

مستند نام اشخاص تاييد نشده

Stephen J. Huxley, J. Brent Burns.

مستند نام اشخاص تاييد نشده

J Brent Burns

مستند نام اشخاص تاييد نشده

Stephen J Huxley

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y