Smart Portfolios Carver Robert Pevná vazba

Smart Portfolios is about building and maintaining smart investment portfolios. At its heart are the three key questions every investor needs to answer: 1. What to invest in. 2. How much to invest. 3. When to make changes to a portfolio.

Author Robert Carver addresses these three areas by providing a single integrated approach to portfolio management. He shows how to follow a step-by-step process to build a multi-asset investment portfolio, and how to rebalance the portfolio efficiently. He covers both investment in collective funds like ETFs, and also direct investment in individual equities.

Important features include:

• - Why forecasting future returns is so difficult, and how to account for uncertainty when making investment decisions.
• - How to accurately calculate the true costs of an investment, including costs that you may not even be aware

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