The Savvy Investor's Guide to Pooled Investments offers a practical guide to anyone interested in gaining a basic understanding of mutual funds, exchange-traded funds, closed-end funds, unit investment trusts, and real estate investment trusts. It uses a Q&A format to examine what you want and need to know before investing.
The Savvy Investor's Guide to Building Wealth Through Alternative Investments is written for investors familiar with traditional investments but with limited knowledge of alternative assets and strategies. This book attempts to remove some of the mystery surrounding these investments.
Would you like to be a millionaire? While alternative investments are an option, this easy-to-read guide focuses on traditional investments – stocks, bonds, and cash or cash equivalents. Especially written for novice investors, if you want to become a millionaire and don’t have the luck to buy a lottery ticket, this is the guide for you.
There are two important things you must do to be a savvy investor: make good investment decisions, and avoid costly mistakes. In the second book in The Savvy Investor's Guide series, investing experts H. Kent Baker, John R. Nofsinger, and Vesa Puttonen come together to offer an insightful guide on avoiding those detrimental missteps.
This practical guide provides a comprehensive overview of professionally managed assets, or investments in which all portfolio decisions and rebalancing are delegated to a fund manager or third-party advice service. Savvy investors looking to achieve a better understanding of the nuances, benefits, and drawbacks of using these products will find the answers they are looking for in The Handbook of Professionally Managed Assets, no matter whether they would like to learn more about mutual funds or hedge funds. There is a considerable lack of knowledge among the investing public about how to properly construct a well-diversified portfolio of investments that includes a selection of professionally managed assets. As a long-standing financial planner, attorney, and educator, Keith Fevurly remedies this issue in The Handbook of Professionally Managed Assets by clearly presenting the major categories of professionally managed assets and revealing the best tactics for investing in these vehicles. Along the way, he reveals each asset's risks and rewards, and he also provides the in-depth knowledge and information investors need to confidently select the right assets for their portfolios. Filled with valuable insights for everyone from financial professionals to individual investors, The Handbook of Professionally Managed Assets stands alone in its ability to shed light on the many investment vehicles that fall under the larger umbrella of professionally managed assets. With topics as wide-ranging as mutual funds, closed-end funds, unit investment trusts, exchange traded funds, hedge funds, managed futures, and more, this invaluable resource will give you the information you need to build a prosperous financial future for yourself and your clients. What you’ll learnAmong other topics, The Handbook of Professionally Managed Assets will cover:Why financial advisors and sophisticated individual investors should use professionally managed assets as part of an overall investment strategy. Mutual funds, including the history of their growth in the financial industry and the differences between actively and passively managed mutual funds. The proper use of Unit Investment Trusts (UITs), particularly in the context of municipal bond trusts, which is the primary asset included in a UIT. Who invests in hedge funds, including whether or not you should decide to invest in hedge funds as a self-directed investor. Why managed futures are great assets to include in a risk-mitigating investment strategy for high-worth clients.Who this book is for Designed specifically for professional investment advisors and sophisticated individual investors, The Handbook of Professionally Managed Assets will answer the myriad of questions financial professionals have about everything from mutual funds to managed futures. Table of ContentsUnderstanding Professionally Managed Assets Why Professionally Managed Assets? The Growth of Mutual Funds Long-Term Investing in Mutual Funds Mutual Fund Performance Measures and Selection Criteria Closed-End Funds Unit Investment Trusts Exchange-Traded Funds Hedge Funds Managed Futures Private Equity Funds Limited Partnerships and Real Estate Investment Trusts Individually and Separately Managed Accounts Variable and Variable Universal Life Insurance Variable Annuities Summary of the Present and Future of Professionally Managed Assets Glossary
Exchange-traded funds (ETFs) have become in their 25-year history one of the fastest growing segments of the investment management business. These funds provide liquid access to virtually every financial market and allow large and small investors to build institutional-caliber portfolios. Yet, their management fees are significantly lower than those typical of mutual funds. High levels of transparency in ETFs for holdings and investment strategy help investors evaluate an ETF’s potential returns and risks. This book covers the evolution of ETFs as products and in their uses in investment strategies. It details how ETFs work, their unique investment and trading features, their regulatory structure, how they are used in tactical and strategic portfolio management in a broad range of asset classes, and how to evaluate them individually.
Within this easy-to-use, need-to-know, no-frills guide to building financial well-being is advice for long-term wealth creation and happiness, without all the worries and fuss of stock pickers and day traders.
Designed for those who want to gain an understanding of the fundamental concepts and techniques used in financial management. An underlying premise of the book is that the objective of the firm is to maximize value or wealth. Drawing on a wealth of experience in the academic and professional worlds, the authors discuss how firms can accomplish this objective by making appropriate investment and financing decisions. Bridging the gap between financial theory and practice, the authors present fundamental concepts in an intuitive and nontechnical way, and provide numerous practical financial tips to readers. The focus is on current practice, using results from recent surveys to show the most popular techniques and approaches used by financial managers today. A range of instructor’s resources are available at the accompanying website. Visit www.blackwellpublishing.com/baker for full details.
You'll learn about a wide range of financial topics, from budgeting to buying a home or car to investing in mutual funds to managing your investment portfolio. Book jacket.
