The Intelligent Asset Allocator by William J. Bernstein (1/21)

Asset allocation and diversification are some of the core concepts to begin investing. This book breaks them down and explains them with easy to understand and real-life examples. Some of the lessons may seem counter-intuitive to the new investor – such as the example of adding a small allocation of stocks to 100% bond portfolio can actually simultaneously *reduce *the risk while boosting returns – and are all backed up with real data and mathematics.

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• For readers in the USA

Contributor: Brian Belley from CrowdWise