7Twelve: A Diversified Investment Portfolio with a Plan

by Craig L. Israelsen Narrated by Mark Ashby

Overview

7Twelve represents the 7 major asset classes and 12 subgroups that truly count in a well diversified portfolio. Over the last 10 years, the numbers generated by 7Twelve are nothing less than stellar-and you can do similarly using major mutual fund companies and ETFs by spending a fraction of time each month or each quarter to rebalance. 7Twelve founder, Prof. Craig Israelsen, shows just how easy it is to manage a successful portfolio with a plan, rather than manage your money piecemeal. Israelsen describes in simple and ready-to-apply terms what the 7Twelve of your portfolio not only looks like, but how to make it become reality for you.

Editorial Reviews

From the Publisher

Craig Israelsen has an interesting idea: Let's leave 1950 behind. The associate professor at Brigham Young University in Utah thinks it's time to include the world outside the United States, among other things, in our investments rather than just talk about it . . . . This is accomplished with what Israelsen dubs the ‘7Twelve Balanced Fund.’ Rather than just domestic stocks and bonds, the new benchmark has seven asset classes. Those asset classes, in turn, are subdivided into a dozen subsets, all held in equal amounts. The payoff is huge. Over the last 10 years, his better balanced index provided a return of 7.52 percent annualized. The Vanguard Balanced Index fund did better than nearly 60 percent of its managed competitors but returned only 2.64 percent over the same period. That 7.52 percent return would have ranked Israelsen's passive index in the top 2 percent of all moderate allocation funds. Indeed, it would have ranked in the top 30 percent of all world allocation funds - funds that do invest in a broader menu of assets . . . . This is no guarantee of investment nirvana, but it's a good start for a new millennium.”—Scott Burns, Syndicated Columnist, Dallas Morning News (March 27, 2010)

Product Details

BN ID:	2940178946480
Publisher:	Ascent Audio
Publication date:	07/20/2020
Edition description:	Unabridged

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