Categories
English Portfolio Management

Ray Dalio’s balanced portfolio approach

Risk Parity aims at designing a long-term and robust portfolio with minimal maintenance

Categories
English Guide Portfolio Management

How to achieve asset diversification

Risky money should provide you with (erratic) growth and safe money will limit the overall short-term changes of your wealth

Categories
English Portfolio Management

Mean-variance optimization: The most widely used investment model

The mean–variance model is the foundation for making asset allocation decisions for long-term horizon

Categories
English Guide Portfolio Management

Financial situation and objectives

The understanding of your financial situation and long-term objectives (leading to the preparation of a long-term investment plan) constitutes the cornerstone of your financial future. This first step will define all your other investment decisions.

Categories
English Portfolio Management

Investing in Swiss equities?

Investing in Swiss equities? The answer is yes for investors willing to gain an exposure to Swiss equities and their home currency, the Swiss franc. However, it is strongly influenced by the three largest companies: Nestlé, Novartis and Roche together account for more than half of the market value.

Categories
English Portfolio Management

What access to Chinese bonds?

Exposure to the renminbi and the Chinese economy is to be desired (this century will be dominated economically by Asia/China and exposure to Asia/China is necessary), so the crucial question remains: what is the best way to achieve this.

Categories
English Non classé Portfolio Management

Investing in the spring of 2021

Prices have reached an unreasonable level at least in the U.S. and in some industries and sectors such as information technology (computers, semiconductors) and green technology where fundamentals no longer seem to matter and P/E ratios are often above 30. In other markets, Swiss, emerging or European, prices, although quite high, remain more reasonable.

Categories
English Portfolio Management

Fixed or flexible intervals

According to the Boglehead philosophy, a mechanical plan must be developed and implemented. For the overwhelming majority of investors, I am convinced that this is the best possible approach: it is possible to contain overconfidence or avoid damaging behavior in the event of temporary market irrationality.