Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ $3.99 shipping
+ Free Shipping
All About Asset Allocation, Second Edition (Professional Finance & Investment) Paperback – June 21, 2010
|New from||Used from|
All Books, All the Time
Read author interviews, book reviews, editors picks, and more at the Amazon Book Review. Read it now
Frequently bought together
Customers who bought this item also bought
About the Author
Richard A. Ferri, CFA, is president and senior portfolio manager of Portfolio Solutions, LLC, and an adjunct professor of finance at Walsh College in Michigan. He is the author of Protecting Your Wealth in Good Times and Bad, All About Index Funds, and Serious Money: Straight Talk About Investing for Retirement. Ferri is regularly quoted in the media including the Wall Street Journal, Barrons, Businessweek, and Forbes. He has appeared on many financial radio shows and television programs and is a frequent speaker at advisor industry events.
If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $2.99 (Save 77%). Print edition purchase must be sold by Amazon. Learn more.
For thousands of qualifying books, your past, present, and future print-edition purchases now lets you buy the Kindle edition for $2.99 or less. (Textbooks available for $9.99 or less.)
Browse award-winning titles. See more
If you are a seller for this product, would you like to suggest updates through seller support?
Top Customer Reviews
Then include: Swedroe, Bernstein, Bogle, Larimore, Buffet. Get them. Then get online to the "Bogleheads forum", or Morningstar forum.
They are a must for personal investment finance for retirees and those working toward a healthy retirement.
I have now read John Bogle's "Common Sense on Mutual Funds," Burton Malkiel's "A Random Walk Down Wall Street," and this book. They each naturally have different emphases and taken as a whole are quite helpful. I found this book by Ferri to be the most useful in actually structuring a specific investment plan, and I agree with his well-reasoned critique of Bogle, who de-emphasizes international investing to too large an extent. (I also commend Ferri for what he has done with his investment company, which charges a far lower rate than I had thought existed in the financial advisor arena - merely .25% versus the commonly charged 1%.)
A few negatives with the book, however, and as noted by some other reviewers (including AmazonGuy), are that it is rife with typos and grammatical mistakes; and it is repetitive, although that can be helpful for people looking only to read specific chapters. Nevertheless, the substance of the book is fabulous, and I will be applying Ferri's teachings as I construct my investment portfolio.
Unfortunately, the book is half a decade old, and I know from following Rick online that some of his specific recommendations have changed; hence, four stars rather than five. Your audience craves a third edition, Mr. Ferri.
Another issue I had with his book is that he said that we should only invest in asset classes that have positive real returns. But if you look at the 10 year returns of some of the funds he suggested they had negative real returns before tax and worse after tax: Pacific Index (1.56%), European Index (0.63%), International Value (0.75%), International Explorer (2.6%), Emerging Markets (1.87%). 3 Year returns are even worse. Looking at lifetime returns the Pacific Index has returned 2.12% average since 1990. Not exactly something to retire on.
I think it sad that not only does Richard not know how to spell "BUY", but doesn't have any friends willing to proof his book, and too cheap to pay someone to spend a day reading it. Also, at least with the Kindle versions I think they can push out updates.
My only real complaint is that it's sloppy - thus the three stars. I almost had to put the book down because I found so many spelling and grammatical errors in the first chapter. It was very distracting to me.
One has to wonder if this book was even proofread. (I think one or two errors in an entire volume is somewhat acceptable, but not the level of errors seen here.) I asked myself "Can I take the advice of such a careless author?" But in the end I think the concepts are mostly sound and it's a helpful intro.
But please, do a revision and fix all the errors!