Cover image for Getting started in asset allocation
Getting started in asset allocation
Bresnan, Bill, 1940-
Personal Author:
Publication Information:
New York : Wiley, [1999]

Physical Description:
x, 257 pages ; 24 cm.
General Note:
Includes index.
Added Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HG4529.5 .B74 1999 Adult Non-Fiction Non-Fiction Area

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Asset allocation is an essential component of creating a solid portfolio. This indispensable guide clarifies the where, when and how to begin of asset allocation in plain English. Covering the basics of starting an asset allocation program, it offers sound advice, helpful tips, and practical guidelines - all corresponding to your particular financial situation, whether you′re single, married with children, saving for college, or retired. Along with a helpful glossary of financial terms, here is where you will find complete details on:
∗ Risk - the nature of risk, risk versus volatility, risk/reward trade-off, and the ten types of risk
∗ Allocation techniques - financial objectives, cash flow needs, and tactical asset models
∗ Low-, medium-, and high-risk assets - government securities, certificates of deposit, fixed annuities, corporate bonds, futures, commodities
∗ Mutual funds and asset allocation - selecting funds, added rewards, additional risks
∗ Maximizing wealth - value approach, re-balancing your portfolio, periodic review

Getting Started in Asset Allocation, authoritative, accessible, comprehensive and completely up-to-date.

Author Notes

Bill Bresnan is the nationally known financial talk show host, author of several books on personal finance, and a contributor to Today's Investor magazine. Eric Gelb is a vice president in corporate finance with a major investment bank. He has written several books, including Personal Budget Planner and is frequently quoted in the press on budgeting and credit issues.

Reviews 1

Booklist Review

Financial advisors stress the need to diversify investments to reduce risk. Diversification means spreading out purchases within a specific category of investment. Now advisors to the growing number of investors are also recommending asset allocation as a financial strategy to further reduce risk. That means dividing one's investments among different categories, such as stocks, bonds, and real estate. In this new addition to the Getting Started in . . . series on investing, the authors outline the basic concepts, principles, and techniques of asset allocation for beginners. Bresnan hosts a syndicated financial talk show on a New York radio station; Gelb is a banker and a freelance writer. They detail the variables that determine the amount of risk one is willing to assume, and they describe low-, medium-, and high-risk assets. They also explain how mutual funds fit the allocation equation. Finally, Bresnan and Gelb lay out allocation strategies for single persons, young marrieds, couples with children, couples saving for college and retirement, and those who have already retired. A helpful glossary will benefit investment novices. --David Rouse

Table of Contents

Introduction Splitting Your Investment Piep. 1
Chapter 1 Asset Allocation Explainedp. 9
Chapter 2 Riskp. 25
Chapter 3 Rewardp. 47
Chapter 4 Asset Allocation Techniquesp. 67
Chapter 5 Low-Risk Assetsp. 83
Chapter 6 Medium-Risk Assetsp. 105
Chapter 7 High-Risk Assetsp. 131
Chapter 8 Mutual Funds and Asset Allocationsp. 153
Chapter 9 Retirement Planningp. 163
Chapter 10 Single Peoplep. 175
Chapter 11 Young Married Couplesp. 183
Chapter 12 Married with Childrenp. 191
Chapter 13 Couples Saving for College and Retirementp. 199
Chapter 14 Retired Peoplep. 209
Chapter 15 Maximizing Wealth through Asset Allocationp. 221
Epilogue Looking to the Futurep. 229
Glossaryp. 231
Indexp. 247