
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Leverage algorithms to take your investment approach to the next level
Digital Wealth: An Automatic Way to Invest Successfully reveals core investment strategies that you can leverage to build long-term wealth. More than a simple review of traditional investment strategies, this innovative text proffers digital investment techniques that are driven not by people but by algorithms. Supported by asset allocation research, the secrets shared in this forward-thinking book have underpinned cutting-edge investment firms as they integrate algorithm-based strategies. In addition to presenting key concepts, this groundbreaking resource explains how these concepts can give you an edge over the professionals on Wall Street through details regarding achieving financial security and meeting financial goals rooted in a firm foundation in behavioral finance, portfolio tilts, and modern portfolio theory.
Investment strategies have evolved from one generation to the next, and the ability to leverage new digital tools calls for another overhaul of traditional investment concepts. Investment techniques implemented by algorithm rather than by human monitoring can, in some cases, prove more successful. The key to a balanced portfolio is understanding what these algorithm-based strategies are, and how to best use them.
- Explore insights from multiple Nobel Prize winning academics that can give your investment strategy an edge
- Consider how technology can open up powerful techniques to mainstream investors, including tax-loss harvesting and automated rebalancing
- Discuss how cost minimization and a strategic tax approach can boost your portfolio's compound growth
- Identify strategies that support the long-term growth of your wealth
Digital Wealth: An Automatic Way to Invest Successfully is an essential text for sophisticated individual investors and investment consultants alike who want to explore how digital tools can bolster financial success.
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Information
Table of contents
- Cover
- Title page
- Copyright
- Dedication
- Preface
- Acknowledgments
- Chapter 1 Americaâs Savings Challenge
- Chapter 2 The Risk of Not Investing in Stocks
- Chapter 3 The Enemies of a Stock Portfolio
- Chapter 4 The Value of Time for Investors
- Chapter 5 Core Assets of a Robust Portfolio
- Chapter 6 Dynamic Asset Selection: Determining the Lowest-Cost Option for Each Portfolio
- Chapter 7 What Software Does Better than People
- Chapter 8 How International Investing Can Smooth Returns
- Chapter 9 The Advantages of Exchange-Traded Funds
- Chapter 10 The Triumph of Low-Cost Investing: How Paying Less Gets You More
- Chapter 11 Learning from Nobel Prize Winners
- Chapter 12 The Costs of Being Active
- Chapter 13 The Greatest Mistakes Made by Novice Investors
- Chapter 14 Tilts and Other Ways to Help Long-Term Performance
- Chapter 15 Establishing a Tax-Efficient Portfolio
- Chapter 16 The Value of Rebalancing and Glidepaths
- Chapter 17 How to Manage a Market Crash
- Chapter 18 Your Own Worst Enemy Is in the Mirror
- Chapter 19 Saving for Goals beyond Retirement
- Chapter 20 A History of Diversified Portfolio Performance
- Chapter 21 The Future of Wealth Management
- Chapter 22 Conclusion
- Author's Disclaimer
- About the Author
- Index
- EULA