But for everyone else, this year's giving season is an exercise in a different sort of asset allocation than the one we're used to for our retirement accounts.
"Over 3, 5, 10 years, global asset allocation could become one of the largest opportunities in Chinese wealth management," he said.
In a recent article in the journal of the CFA Society of the United Kingdom, "Re-evaluating Asset Allocation in a One-Basket World," he found that correlations between the S.& P. 500 and foreign stocks increased in periods when the American index declined.
Tim Bond, head of global asset allocation at BarCap, and one of the authors of the study, blames the dismal performance on what he calls the "extreme overvaluation" of the stockmarket back in 1998.
"Consider using an all-in-one asset allocation fund to help ensure you always have a diversified asset allocation," says CFP® Elizabeth Sklaver.
There are financial calculators, asset allocation models, courses on financial planning and understanding risk, mutual fund and stock scanners and detailed reports from the firm's analysts, as well as access to news and one's own account performance.
Focus on Asset Allocation.
Asset allocation is the rage on Wall Street.
Asset allocation should be based on the capacity of an investor to assume risk.
Dan, I get and appreciate all your thoughts on asset allocation and low-cost index investing.
Once you have decided on an overall asset allocation, put the investments with the highest current yields inside the shelter, the ones with the lowest yields outside.
