A practitioner's guide to the essentials of asset allocation
by
Russ Koesterich
Language: English
Release Date: April 27, 2018
For most of the past 50 years the simplest asset allocation solution was often the best. A balanced portfolio of stocks and bonds provided the investor with good returns. Unfortunately, this approach is not likely to work as well in the future. Interest rates are close to historic lows, equity valuations...