7Twelve (eBook)

A Diversified Investment Portfolio with a Plan

Craig L. Israelsen (Autor)

eBook Download: PDF | EPUB

2010 | 1. Auflage
226 Seiten
John Wiley & Sons (Verlag)
978-0-470-64987-9 (ISBN)

Infos

A proven way to put together a portfolio that enhances
performance and reduces risk

Professor Craig Israelsen of Brigham Young University is an
important voice in the area of asset allocation. The reason? He
keeps things simple. Now, in 7Twelve, he shows you how to do
the same, and demonstrates how his approach to investing can help
you grow your money as well as protect it.

7Twelve outlines a multi-asset balanced portfolio that is
a logical starting point when assembling a portfolio-either as the
blueprint for the entire portfolio or as a significant building
block. Page by page, he will show you how to create a balanced
portfolio utilizing multiple asset classes to enhance performance
and reduce risk.

* Discusses how the 7Twelve portfolio includes seven core asset
classes and utilizes twelve specific mutual funds or exchange
traded funds

* Details the tax efficiency of this specific investment
approach

* Shows you how to use the 7Twelve portfolio as a pre-retirement
accumulation portfolio or a post-retirement distribution
portfolio

If you want to build a well-balanced, multi-asset portfolio,
7Twelve is the book for you.

Autor

CRAIG L. ISRAELSEN, PhD, is an Associate Professor at Brigham Young University (BYU) in Provo, Utah, where he teaches personal and family finance to over 1,200 students each year. He holds a PhD in family resource management from BYU and received a BS in agribusiness and an MS in agricultural economics from Utah State University. Prior to teaching at BYU, Israelsen was on the faculty of the University of Missouri-Columbia for fourteen years where he taught personal and family finance in the Department of Personal Financial Planning.

Inhalt

Foreword.

Preface.

Acknowledgments.

Chapter 1 A Recipe for Success.

The 7Twelve Recipe.

Salsa Anyone?

U.S. Stock.

Non-U.S. Stock.

Real Estate.

Resources.

U.S. Bonds.

Non-U.S. Bonds.

Cash.

The Complete Recipe.

Chapter 2 Lining Up the Ingredients.

A Recipe That Goes Waaay Back.

Getting Better and Better.

Chapter 3 The More Ingredients, the Better.

Measuring Volatility and Risk.

Diversification by Design.

Diversification Requires Depth and Breadth.

Chapter 4 Growth of Money.

Why Measure Growth of Money?

Expect Ups and Downs.

Chapter 5 Combining Ingredients That Zig
and Zag.

Getting Close to Zero.

Finding Assets That Play Nicely Together.

Don't Forget Broad Diversification.

Quantifying Correlation.

Chapter 6 Stirring the Mix.

Rebalancing versus Buy-and-Hold.

Choosing a Schedule.

Chapter 7 Adjusting the Secret Sauce.

The Saving Years and the Spending Years.

How Portfolio Mechanics Change in the Golden Years.

Allocation Age versus Chronological Age.

Life Stage Portfolios.

Chapter 8 How Long Will My Nest Egg Last?

Survival of the Fittest.

Reviewing the Nest Egg Guidelines.

Chapter 9 Should I Tilt toward Value or
Growth?

Does It Make a Difference?

The 7Twelve's Value Bias

Chapter 10 Should I Jump in or Let the Pot
Simmer?

To Stir or Not to Stir?

The 7Twelve Works Both Ways.

But If You Still Can't Decide . . .

Chapter 11 A Better 401(K).

Switching the Default.

Introducing Target Date Funds and Balanced Funds.

The 7Twelve Portfolio Approach.

Determining Your Lifecycle Phase.

Mismatch 101.

Chapter 12 The Problem of Undersaving.

Chasing Returns Is a Loser's Game.

Add Plenty of Patience, Perspective, and Persistence.

Chapter 13 Of Stocks, Bonds, and Risk.

A Tale of Two Time Frames.

The "Diversification" Premium.

Chapter 14 Assembling Your Portfolio.

Chapter 15 3 Secrets + 4 Principles = 7Twelve
Perfection.

About the Author.

Index.

Produkt-Details

• Erscheint lt. Verlag: 19.7.2010
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Schlagworte: Finance & Investments • Finanz- u. Anlagewesen • Investments & Securities • Kapitalanlage • Kapitalanlagen u. Wertpapiere
• ISBN-10: 0-470-64987-9 / 0470649879
• ISBN-13: 978-0-470-64987-9 / 9780470649879