Abstract
Asset allocation involves the most important decisions investors can make. So, why is it buried in this chapter? Because first you must know the array of choices available for investment. We have covered dividend-growth stocks, bonds, and bond funds as well as MLPs. This places you in position to decide how much of each category is appropriate for your interests and goals. In this chapter, we look at all of the common sources of income, then we recommend stocks and bonds as the core of any investment portfolio. Table 7.1 indicates the importance of portfolio construction (from Gibson 2000, p. 13).
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
An Internet search will tell you what this means.
References
Bernstein W (2001) The intelligent asset allocator. McGraw-Hill, New York
Gibson R (2000) Asset allocation. McGraw-Hill, New York
Kaye M (2008) Perfect portfolio. McGraw-Hill, New York
Markowitz H (1959) Portfolio selection. Yale University Press, New Haven
Pistolese C (2008) Lifespan investing. McGraw-Hill, New York
Stovall S (2009) The seven rules of Wall Street. McGraw-Hill, New York
Swenson DF (2005) Unconventional success. The Free Press, New York
Tanous PJ (1999) The wealth equation. New York Institute of Finance, New York
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer Science+Business Media, LLC
About this chapter
Cite this chapter
Francisco, R.A. (2012). Build Your Own Portfolio. In: Finance for Academics. SpringerBriefs in Finance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-3244-9_7
Download citation
DOI: https://doi.org/10.1007/978-1-4614-3244-9_7
Published:
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4614-3243-2
Online ISBN: 978-1-4614-3244-9
eBook Packages: Business and EconomicsEconomics and Finance (R0)