Digital Wealth: An Automatic Way to Invest Successfully - Hardcover

Moore, Simon

Hardcover

ISBN 10: 1119118468 ISBN 13: 9781119118466

Publisher: Wiley, 2016

Synopsis

Leverage algorithms to take your investment approach to the next level

Digital Wealth: An Automatic Way to Invest Successfully reveals core investment strategies that you can leverage to build long-term wealth. More than a simple review of traditional investment strategies, this innovative text proffers digital investment techniques that are driven not by people but by algorithms. Supported by asset allocation research, the secrets shared in this forward-thinking book have underpinned cutting-edge investment firms as they integrate algorithm-based strategies. In addition to presenting key concepts, this groundbreaking resource explains how these concepts can give you an edge over the professionals on Wall Street through details regarding achieving financial security and meeting financial goals rooted in a firm foundation in behavioral finance, portfolio tilts, and modern portfolio theory.

Investment strategies have evolved from one generation to the next, and the ability to leverage new digital tools calls for another overhaul of traditional investment concepts. Investment techniques implemented by algorithm rather than by human monitoring can, in some cases, prove more successful. The key to a balanced portfolio is understanding what these algorithm-based strategies are, and how to best use them.

• Explore insights from multiple Nobel Prize winning academics that can give your investment strategy an edge
• Consider how technology can open up powerful techniques to mainstream investors, including tax-loss harvesting and automated rebalancing
• Discuss how cost minimization and a strategic tax approach can boost your portfolio's compound growth
• Identify strategies that support the long-term growth of your wealth

Digital Wealth: An Automatic Way to Invest Successfully is an essential text for sophisticated individual investors and investment consultants alike who want to explore how digital tools can bolster financial success.

About this title

About the Author

SIMON MOORE is Chief Investment Officer at FutureAdvisor, the award-winning digital asset manager. He has written about finance for Forbes, Huffington Post, and Yahoo! Finance, and is quoted regularly by such major media outlets as CNN and the Wall Street Journal.

From the Back Cover

Digital Wealth

If you're serious about growing your wealth, you have probably tried traditional financial advisors, who charge a lot for underwhelming returns, as well as building your own portfolio, which is endlessly time consuming and laborious. Digital Wealth presents the turnkey, low-cost solution for growing your assets with algorithmic accuracy executed at the speed of today's sophisticated digital processors.

Award-winning investment researcher Simon Moore shows you that the secret to growing wealth for the long term comes down to reliable theory, accessing powerful portfolio strategies now available to individual investors, and being smart about your tax obligations. Step by step, he walks you through a revolutionary, simple approach to personal wealth management supported by unprecedented asset-allocation research and automated by powerful algorithms that keep your investment strategy on track with digital precision.

Whether you're new to investing or want to take your financial security to the next level with up-to-date tools, this insightful guide presents inspiring, actionable guidance for blending the theory of Nobel Prize-winning economists with the most sophisticated techniques available to investors. By adapting this investing approach, you can develop a portfolio that:

• Is fully customized to your specific investment goals and time horizon, whether you're saving for retirement, higher education, a first home, or an emergency fund
• Uses automated, threshold-based rebalancing to adapt to market drifts, which is more efficient and safeguards investors against losing money by trading on emotion
• Includes funds best suited for its size based on cost and benefit picked by cutting-edge algorithms capable of monitoring multiple constraints
• Maximizes tax benefits by identifying the proper asset placement and using tax-loss harvesting to improve post-tax returns

Digital Wealth is your entrance into a new world of wealth management that enables investors to trade independently, without high fees and commissions, using professional analytics and automation.

From the Inside Flap

If you're serious about growing your wealth, you have probably tried traditional financial advisors, who charge a lot for underwhelming returns, as well as building your own portfolio, which is endlessly time consuming and laborious. Digital Wealth presents the turnkey, low-cost solution for growing your assets with algorithmic accuracy executed at the speed of today's sophisticated digital processors.

Award-winning investment researcher Simon Moore shows you that the secret to growing wealth for the long term comes down to reliable theory, accessing powerful portfolio strategies now available to individual investors, and being smart about your tax obligations. Step by step, he walks you through a revolutionary, simple approach to personal wealth management supported by unprecedented asset-allocation research and automated by powerful algorithms that keep your investment strategy on track with digital precision.

Whether you're new to investing or want to take your financial security to the next level with up-to-date tools, this insightful guide presents inspiring, actionable guidance for blending the theory of Nobel Prize-winning economists with the most sophisticated techniques available to investors. By adapting this investing approach, you can develop a portfolio that:

• Is fully customized to your specific investment goals and time horizon, whether you're saving for retirement, higher education, a first home, or an emergency fund
• Uses automated, threshold-based rebalancing to adapt to market drifts, which is more efficient and safeguards investors against losing money by trading on emotion
• Includes funds best suited for its size based on cost and benefit picked by cutting-edge algorithms capable of monitoring multiple constraints
• Maximizes tax benefits by identifying the proper asset placement and using tax-loss harvesting to improve post-tax returns

Digital Wealth is your entrance into a new world of wealth management that enables investors to trade independently, without high fees and commissions, using professional analytics and automation.

Edition details

• Publisher: Wiley
• Publication date: 2016
• Language: English
• ISBN 10: 1119118468
• ISBN 13: 9781119118466
• Binding: Hardcover
• Edition number: 1
• Number of pages: 192