Asset Allocation For Dummies

Use allocation strategies of the pros and protect your financial futureYou don't have to be an investment expert to allocate your assets successfully. This plain-English guide demystifies the process, giving you timely advice on diversifying your investment portfolio to help insulate it against volatility. You'll see how to develop your personal investment strategy, avoid costly mistakes, and rebalance to generate extra return.The ABCs of asset allocation - discover how it works, why to do it, and the level of risk you're comfortable withExplore the different asset categories - from cash and bonds to stocks, mutual funds, exchange-traded funds, and morePlan your investment strategy - set your portfolio constraints, outline your financial goals, and select your asset classesChoose securities and accounts - select the best ones, understand fees and expenses, and take advantage of tax breaksMaintain your portfolio - keep tabs on your investments, know when to rebalance, and measure your results against appropriate market benchmarksGo beyond the basics - consider alternative investments (such as real estate and commodities), maximize after-tax results, and work with the pros when you need helpOpen the book and find:The top asset allocation mistakesHow to match the right investments with the right accountsWays to successfully manage riskBest practices for portfolio rebalancing"What if?" investment scenariosHistorical rates of return on ten asset classes and subclassesHow to project your financial futureGuidance for fine-tuning your long-term allocation plan