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Buy and hold is still dead (again) : the case for active portfolio management in dangerous markets /|cKenneth R. Solow, CFP.

By: Material type: TextTextPublisher number: MWT11537752Publication details: [United States] : Morgan James Publishing : Made available through hoopla, 2016.Description: 1 online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781630478162
  • 1630478164
Uniform titles:
  • Buy and hold is dead (again)
Subject(s): Genre/Form: Additional physical formats: Print version:: Buy and hold is still dead (again).DDC classification:
  • 332.6
LOC classification:
  • HG4529.5
Online resources: Summary: The current academic and financial planning industry definitions of "risk" are changing quickly, but the notion of what constitutes a risky investment strategy is still stuck in the Dark Ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy and Hold investing, exposing the flaws and potential dangers of this strategy during long-term bear markets. The fact is, patiently waiting for stocks to deliver historical average returns is not an effective investment strategy. Solow advocates a different approach called Tactical Asset Allocation, and he offers the reader an unparalleled look into the methods, techniques, and safeguards of active portfolio management. Now in its second edition with updated material and a new chapter, "Buy and Hold is Dead (Again)" remains an invaluable investment guide for our financially challenging times.
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The current academic and financial planning industry definitions of "risk" are changing quickly, but the notion of what constitutes a risky investment strategy is still stuck in the Dark Ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy and Hold investing, exposing the flaws and potential dangers of this strategy during long-term bear markets. The fact is, patiently waiting for stocks to deliver historical average returns is not an effective investment strategy. Solow advocates a different approach called Tactical Asset Allocation, and he offers the reader an unparalleled look into the methods, techniques, and safeguards of active portfolio management. Now in its second edition with updated material and a new chapter, "Buy and Hold is Dead (Again)" remains an invaluable investment guide for our financially challenging times.

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