Picture 1 of 1
Stock photo
Picture 1 of 1
Stock photo
Strategic Financial Planning over the Lifecycle : A Conceptual Approach to Personal Risk Management by Moshe A. Milevsky, Narat Charupat and Huaxiong Huang (2012, Trade Paperback)
Z
Zebrasbooks-2 (5492)
99.7% positive feedback
Price:
US $38.57
ApproximatelyRM 161.05
+ $30.70 shipping
Returns:
30 days return. Buyer pays for return shipping. If you use an eBay shipping label, it will be deducted from your refund amount.
Condition:
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
About this product
Product Identifiers
PublisherCambridge University Press
ISBN-100521148030
ISBN-139780521148030
eBay Product ID (ePID)112987976
Product Key Features
Number of Pages382 Pages
Publication NameStrategic Financial Planning over the Lifecycle : a Conceptual Approach to Personal Risk Management
LanguageEnglish
Publication Year2012
SubjectFinance / General, Decision-Making & Problem Solving, Finance / Wealth Management, Personal Finance / General
TypeTextbook
Subject AreaBusiness & Economics
AuthorMoshe A. Milevsky, Narat Charupat, Huaxiong Huang
FormatTrade Paperback
Dimensions
Item Height1 in
Item Weight18.4 Oz
Item Length8.9 in
Item Width6 in
Additional Product Features
Intended AudienceCollege Audience
LCCN2011-050681
Dewey Edition23
Reviews'This book is unique in deriving the formulas for annuity pricing from basic economic theory, making it useful for finance practitioners and, importantly, intellectually satisfying.' Eytan Sheshinski, The Hebrew University, Israel, 'This book distils many decades of financial economics research into a holistic and rigorous approach to financial planning. Master this book, and you will master your own financial future.' Jeffrey Brown, University of Illinois, 'This book uses rigorous models to address several key decisions an individual must make. The authors discuss the model's implications lucidly. This book is for serious financial advisors who want to do their job better.' William Reichenstein, Baylor University, 'Strategic Financial Planning over the Lifecycle is a sophisticated personal investment textbook that shows how an individual can manage risk and consumption while taking into account earnings and savings, housing and mortgages, investment and portfolio diversification, and human capital and insurance, all while preparing for retirement and all the other contingencies that happen during a lifetime. The book is readily accessible to students, while providing in-depth analysis for the professional financial planner.' Roger G. Ibbotson, Yale University, Advance praise: 'This book distils many decades of financial economics research into a holistic and rigorous approach to financial planning. Master this book, and you will master your own financial future.' Jeffrey Brown, University of Illinois
IllustratedYes
Dewey Decimal332.024
Table Of Content1. Introduction and motivation; 2. Mathematical preliminaries - working with interest rates; 3. Personal balance sheet and human capital; 4. Consumption smoothing and optimal savings; 5. Debts, loans, and mortgages [Canadian content]; 6. Personal income taxes [Canadian content]; 7. Risk, utility, and insurance; 8. Mortality risk and life insurance; 9. Investment and diversification; 10. The mathematics of portfolio diversification; 11. Housing decisions; 12. Pensions and retirement [Canadian content]; 13. Advanced material*: Part I. Continuous time and the calculus of variations; 14. Advanced material*: Part II. Stochastic optimal control and the HJB equation; 15. Concluding thoughts and next steps.
SynopsisThis book on personal financial planning and wealth management employs the lifecycle model of financial economics. The central idea of "consumption smoothing" is used to connect chapters and topics such as saving and investment, debt management, risk management, and retirement planning. The first part of the book is nontechnical and aimed at a wide audience with no special technical background. The second part of the book provides a rigorous presentation of the lifecycle model from first principles using the calculus of variations. The accompanying website is found at http: //www.yorku.ca/milevsky/?page_id=185., This book on personal financial planning and wealth management employs the lifecycle model of financial economics. The central idea of 'consumption smoothing' is used to connect chapters and topics such as saving and investment, debt management, risk management and retirement planning. The first part of the book is nontechnical and aimed at a wide audience with no special technical background. The second part of the book provides a rigorous presentation of the lifecycle model from first principles using the calculus of variations. The accompanying website is found at http://www.yorku.ca/milevsky/?page_id=185., This is a final-year college level textbook on personal finance, jointly written by business school and mathematics professors. It is aimed at a wide audience of people who are interested in wealth management from a more rigorous perspective. It may be used in both personal applications and professional classrooms.
LC Classification NumberHG179
Be the first to write a review
