Get full access to Value Averaging: The Safe and Easy Strategy for Higher Investment Returns and 60K+ other titles, with free 10-day trial of O'Reilly.
There's also live online events, interactive content, certification prep materials, and more.
Foreword by William J. Bernstein
Preface to the 2006 Edition
Preface to the 1993 Edition
1 Market Risk, Timing, and Formula Strategies
RISK AND MARKET RETURNS
Market Returns over Time
Distribution of Market Returns
Risk and Expected Return
MARKET TIMING AND FORMULA STRATEGIES
Timing the Market
Automatic Timing with Formula Strategies
2 Dollar Cost Averaging Revisited
DOLLAR COST AVERAGING: AN EXAMPLE
Over One-Year Periods
Over Five-Year Periods
LONG-TERM PROBLEMS WITH DOLLAR COST AVERAGING
3 Value Averaging
VALUE AVERAGING: AN INTRODUCTION
LONG-TERM PERFORMANCE AND VALUE AVERAGING
Linear, or Fixed-Dollar, Strategies
Adjusting Strategies for Growth
4 Investment Goals with Dollar Cost Averaging
Using the Formula
Annuities: Periodic Investments
Dollar Cost Averaging and Annuities
READJUSTING THE INVESTMENT PLAN
The Readjustment Process
Down-Shifting Investment Risk
GROWTH-ADJUSTED DOLLAR COST AVERAGING
Readjusting the DCA Plan
Appendix to Chapter 4: Constructing a DCA Readjustment Spreadsheet
5 Establishing the Value Path
VALUE AVERAGING VALUE PATHS
The Value Path Formula
Flexible Variations on the Value Path Formula
Readjusting the VA Plan
A Cautionary Note
An Alternate Method
Appendix to Chapter 5: Constructing a VA Readjustment ...
Get Value Averaging: The Safe and Easy Strategy for Higher Investment Returns now with the O’Reilly learning platform.
O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.
Get Mark Richards’s Software Architecture Patterns ebook to better understand how to design components—and how they should interact.