by Richard A. Ferri
In All About Asset Allocation, Richard Ferri offers a straightforward, accessible guide to constructing a diversified portfolio tailored to various risk tolerances and financial goals.
Ferri emphasizes that asset allocation—the process of distributing investments among different asset classes like equities, fixed income, real estate, and international investments—is the primary determinant of portfolio performance.
Through clear explanations and practical examples, Ferri outlines how each asset class behaves, the risks and returns they offer, and their role within a broader investment strategy.
He delves into the importance of rebalancing, adjusting portfolio weightings to maintain the intended risk level as market conditions change.
Ferri also addresses various investor needs, from young investors focused on growth to retirees seeking stability and income.
By providing insights into the history of market cycles and the effects of inflation, Ferri underscores the importance of maintaining a disciplined, long-term approach.
All About Asset Allocation is a practical guide for both novice and experienced investors who want to build resilient, well-diversified portfolios designed to achieve consistent performance across varying market conditions.