I have just completed two investment books - "The Intelligent Asset Allocator" by William Bernstein and "The Only Guide to Alternative Investments You'll Ever Need" by Larry Swedroe and Jared Kizer. Both books argue for asset allocation as the best investment strategy. I am not planning to write any detail review this time. I have been reading about asset allocation for many years, and am quite convinced it is the best strategy for me. The interesting things I have learned from the books is many supposing smart investment devices have failed miserably, often involve big risk but have a return that trail market index.
So I'm just going to settle with a allocation plan, ignore all the market noises and patiently let the investment work.
2009.03.30 - comments
Site feed