Rather, these great minds all recommend following a simple asset allocation strategy that doesn't rely on predicting the future.
This passive asset allocation strategy has a long history of outperforming most active management strategies that try to time markets.
The funds are very similar to Fidelity's Freedom funds, only they add an optional income kicker to the asset allocation strategy.
The characteristics of an equity portfolio can be customized to complement an overall asset allocation strategy in meeting long-term return and risk objectives.
The AdvisorShares Cambria Global Tactical Asset Allocation ETF (GTAA) is one interesting combination of the asset allocation strategy with another recent phenomenon, the actively managed ETF.
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According to the Jefferson National survey, advisors reported that 66 percent of their clients were more confident with a tactical asset allocation strategy than a buy-and-hold strategy.
The survey is a compendium of official survey from around the world and is used by Barclays investment managers as top-down input data for their international asset allocation strategy.
Many committees choose to focus on asset allocation strategy and high level oversight and delegate the implementation and manager selection to an internal investment office or an outside advisor.
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The book examines a radical asset allocation strategy proposed about 25 years ago in an earlier book called Why the Best-Laid Investment Plans Usually Go Wrong by the late Harry Browne.
If you decide that a hands-off approach is best for you, ensure that your initial asset allocation investment strategy is appropriate for your risk tolerance and then commit to it, even in rocky times.
Tactical asset allocation is a strategy that tries to shift money among different investments at different times based on market forecasts.
Disclosures: Subscribers to the ZYX Global Multi Asset Allocation Alert have been following this strategy since August last year.
It requires a disciplined strategy with a predetermined performance goal, a logical asset allocation, a proper investment monitoring system and a policy for rebalancing the holdings.
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Wayne Lin, portfolio manager and investment strategy analyst for Legg Mason (LM) Global Asset Allocation, says investors should watch the election carefully and manage their portfolios accordingly.
Tactical asset allocation has a higher maintenance cost than a fixed allocation and this puts the strategy at a disadvantage from the start.
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