This book looks at the principal asset classes that people can buy as investments, ranging from shares through bonds to property, commodities and specialist funds. It considers active management where investors seek extra value by share selection, and passive management where investors buy an index-tracking investment. It examines different techniques and styles of investing, including value, income, growth and liability matching. It identifies the costs of investing and provides commentary on what has worked well and what has worked badly over the last decade, and longer time periods. It explains how Big Picture Investing works, whereby the investor concentrates on the asset allocation decision, seeking to reduce risk and cost by indexing the chosen asset classes.
- ISBN10 0857190407
- ISBN13 9780857190406
- Publish Date 7 March 2011
- Publish Status Active
- Publish Country GB
- Imprint Harriman House Publishing
- Format Paperback
- Pages 176
- Language English
- URL http://harriman-house.com/bigpictureinvesting/