DIY Financial Advisor

Sprache: Englisch

Verlag: John Wiley & Sons, 2015

111907150X / 9781119071501

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DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth DIY Financial Advisor is a synopsis of our research findings developed while serving as a consultant and asset manager for family offices. By way of background, a family office is a company, or group of people, who manage the wealth a family has gained over generations. The term 'family office' has an element of cachet, and even mystique, because it is usually associated with the mega-wealthy. However, practically speaking, virtually any family that manages its investments%u2014independent of the size of the investment pool%u2014could be considered a family office. The difference is mainly semantic. DIY Financial Advisor outlines a step-by-step process through which investors can take control of their hard-earned wealth and manage their own family office. Our research indicates that what matters in investing are minimizing psychology traps and managing fees and taxes. These simple concepts apply to all families, not just the ultra-wealthy. But can%u2014or should%u2014we be managing our own wealth? Our natural inclination is to succumb to the challenge of portfolio management and let an 'expert' deal with the problem. For a variety of reasons we discuss in this book, we should resist the gut reaction to hire experts. We suggest that investors maintain direct control, or at least a thorough understanding, of how their hard-earned wealth is managed. Our book is meant to be an educational journey that slowly builds confidence in one's own ability to manage a portfolio. We end our book with a potential solution that could be applicable to a wide-variety of investors, from the ultra-high net worth to middle class individuals, all of whom are focused on similar goals of preserving and growing their capital over time. DIY Financial Advisor is a unique resource. This book is the only comprehensive guide to implementing simple quantitative models that can beat the experts. And it comes at the perfect time, as the investment industry is undergoing a significant shift due in part to the use of automated investment strategies that do not require a financial advisor's involvement. DIY Financial Advisor is an essential text that guides you in making your money work for you%u2014not for someone else! Please note the image in this listing is a stock photo and may not match the covers of the actual item. …

Bestandsnummer des Verkäufers 123748471

Titel
DIY Financial Advisor
Autor
Wesley R. Gray, Jack R. Vogel, David P. Foulke
Verlag
John Wiley & Sons
Erscheinungsjahr
2015
Zustand
As New
Schutzumschlag
As New
Buchtyp
Book
Einband
Hardcover
Sprache
Englisch
ISBN-10
111907150X
ISBN-13
9781119071501

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