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And what do you recommend for your mathematically inclined friends? Any books you recommend for asset allocation and rebalancing principles?
by mrwinalot 10y ago
And what do you recommend for your mathematically inclined friends? Any books you recommend for asset allocation and rebalancing principles?
- n72 10y agoYup, I've written a brief primer to accompany my will: https://github.com/nickgieschen/investingguidelines https://github.com/nickgieschen/investingguidelines
- toephu2 10y agoNone, just put your money in an S&P 500 fund. I doubt you will be able to beat that in the long run anywhere else (Even though there are flaws w/ how the S&P 500 is run now [1]). [1] http://www.joshuakennon.com/sp-500s-dirty-little-secret/ http://www.joshuakennon.com/sp-500s-dirty-little-secret/
- n72 10y agoYou can do better by diversifying more. By picking asset classes with a low correlation, you can reduce risk while increasing return. Hence, you can eek our more from a simple mix of say: 60% US 30% Int'l 6% REITs 4% Gold All of this can be bought with low cost mutual funds. http://thismatter.com/money/investments/portfolios.htm http://thismatter.com/money/investments/portfolios.htm