accountants
active fund, compared to index tracker
actively managed portfolio
costs associated with
Alliance Trust
alternative investments
American Funds
angel investing, 2nd
annuities
apocalypse investing
Apple, 2nd, 3rd
asset-backed securities
assets
classes excluded from the rational portfolio
considerations in portfolio creation
non-portfolio assets
bank bailouts
bank default
claims on client assets
risks for cash deposits
bank deposit insurance schemes
bid/offer spread
Bitcoin, 2nd
black swan events, 2nd, 3rd
Black-Scholes option pricing formula
Blackrock, 2nd
Bogle, John, 2nd
bond index funds
bond indices
bonds
adding to the rational portfolio
government-guaranteed bonds
indices of performance
inflation-protected
issues with
long-term bonds
position of the investor
short-term bonds
see also corporate bonds; government bonds
Buffett, Warren, 2nd, 3rd
capital gains tax (CGT), 2nd, 3rd
capital market line (portfolio theory)
capital structure, positions of bond and equity investors
car insurance
Case-Shiller House Price index, 2nd
cash deposits
risks associated with
cash holdings, security in times of crisis
Charles Schwarb
collectibles, 2nd, 3rd
commercial property investment, 2nd, 3rd
commodities investments, 2nd, 3rd, 4th
company shares, employee ownership risk
comparison websites
edge over the markets and
need for enhanced independent sites
Contagion (movie)
corporate bonds, 2nd
adding to the rational portfolio, 2nd
indices of performance
issues with adding bonds to a portfolio
portfolio risk and
position of the investor
risk and
see also bonds
corporate debt worldwide
corporation tax
correlations between asset classes
investment risks related to
correlation between assets and liabilities, risk related to
costs see fees and expenses
CRB Commodity index
CRB Total Return index
credit agencies
credit ratings
crowdfunding platforms
crypto currencies
currency asset/liability matching
currency-hedged investment products
currency matching
currency risk, 2nd, 3rd
world equity index trackers
customisation of investment products
DAX
DB Trackers, 2nd
defined benefit pension schemes, 2nd
defined contribution pension plans
deposit insurance schemes
Deutsche Bank
Dimensional Fund Advisors
direct investments
disasters
avoiding becoming a victim of fraud
net cash holdings as security against
preppers
security of assets in a crisis
diversification
adding complexity to the rational portfolio
against times of economic crisis
avoiding becoming a victim of fraud
benefit in times of disaster
consideration of non-investment assets
consideration of non-portfolio assets
corporate bonds
false sense of security
government bonds
minimal risk assets
overexposure in home markets
risk of correlations between assets and liabilities
risk of correlations between investments
world equity index trackers, 2nd
dividends
domestic bonds
Dow Jones index
periodic declines in value
time to recover from declines
Dow Jones Industrial Average
early savers, 2nd
economic crises see financial crises
edge over the markets
absence in investors
being rational, 2nd
comparison sites
costs of believing in
defining, 2nd
effects of fees and expenses, 2nd
embracing the lack of
financial advisers
investing without an edge
investment outside stock markets
investments which require, 2nd
knowing someone who has an edge
mutual funds, 2nd
past performance and
prediction and timing
resources of the competition
efficient frontier (portfolio theory)
employees, risk related to company share ownership
Enron
Enterprise Investment Scheme (EIS)
equity crowdfunding
equity investments, position of the investor see also index-tracking funds; world equity index trackers
equity markets
history of market failures
influence of US risks
markets do not always bounce back
periodic declines in value
potential for large losses
risk of
risk of increased correlation
time to recover from declines
equity risk premium
estate planning
ETFs see exchange traded funds
exchange rate risk, 2nd
exchange traded funds (ETFs), 2nd, 3rd, 4th
advantages of owning
availability
buying and selling
commodities investments
comparison with index funds
credit risk
customisation
execution of the investment
exposure of products
fees
global property ETFs
gold ETFs
issues with
jurisdictions
liquidity
ownership of the underlying stocks
physical ETFs, 2nd
products
providers of
synthetic ETFs, 2nd
tax considerations
things to consider
exit fees
expected volatility
expenses see fees and expenses
Facebook
fat tails (effect on standard deviation)
fees and expenses
alternative investment fees
and the index-tracking industry
costs of believing in an edge
costs of managing a portfolio
effects on asset growth
future developments
importance for investors
index tracker compared to active fund
long-term compounding impact
minimising
mutual funds
rational portfolio, 2nd
taxes and the rational portfolio
Fidelity
final salary pension schemes
financial advisers
edge over the markets and
financial crises
benefits of diversification
effects on liquidity
effects on minimal risk assets
history of
reacting to disaster, 2nd
selling your investment
financial crisis (2008–09)
effects of increased correlation
influence of the US sub-prime market collapse
how it could have been much worse
financial institutions
debt instruments issued by
deposit insurance schemes
financial markets
defining
efficiency of
history of failures
inability to outperform
invisible hand of the markets
see also edge over the markets; equity markets
financial models
underlying assumptions
financial planning
at different stages of life
building savings
financial advisers
periodic review
reacting to disaster, 2nd
retirement planning
risk averse approach
risk/return profile
risk surveys
rules of thumb
using financial models
financial sector
customisation of investment products
developments in investment management methods
enhanced independent comparison sites
risk information for investors
tax advice sources for investors
tools and information for investors
financial system collapse, potential effects of the 2008 crisis
First Trust
Fitch
foreign-denominated mortgages
fraud, avoiding becoming a victim of
FTSE EPRA/NAREIT Global index, 2nd, 3rd
FTSE indices
fund supermarkets
futures markets for commodities
gifts
gold investments, 2nd
as security in a crisis, 2nd
ETFs
Google, 2nd, 3rd
government bonds, 2nd
adding higher risk bonds
adding to the rational portfolio
bank failure and
credits rating
currency of, 2nd
diversification against risk of failure
execution of the investment
expected returns
investment decisions
issues with adding bonds to a portfolio
portfolio risk and
position of the investor
ratings
see also bonds
government debt worldwide, 2nd, 3rd
government-guaranteed bonds
hedge funds, 2nd, 3rd, 4th
hedging, currency risk
home markets, overexposure in
HSBC
implementation of the rational portfolio
implied volatility
income tax see also taxes
index-tracking funds, 2nd, 3rd
comparison with actively managed funds, 2nd
exchange traded funds (ETFs)
execution of the investment
fees and expenses
issues with
product availability
see also world equity index trackers
index-tracking industry
growth of
need for enhanced independent comparison sites
index-tracking products, 2nd
inflation, influence on real returns
inflation-protected bonds
inheritance tax
institutional investors, correlation risk between assets and liabilities
insurance, 2nd
intangible assets
interest rates, influence on returns
internet sector crashes
investment
changing methods of management
executing
getting started
without an edge over the markets
investment supermarkets
investors
costs of managing a portfolio
need for better tools and information
invisible hand of the markets
ISA accounts (UK)
iShares, 2nd, 3rd, 4th, 5th
Ishikawa, Tetsuya
Japan, long-term decline of the Nikkei index
jewellery as investment, 2nd, 3rd
jurisdictions
known unknowns
Legal & General, 2nd
Lending Club
liabilities
non-portfolio items
risk of correlation with assets
types of
life insurance, 2nd, 3rd
liquidity
and the rational portfolio, 2nd, 3rd
financial crises and
returns on illiquid investments
selling your investment
liquidity risk
long-term bonds
Madoff, Bernie
markets see financial markets
Microsoft
mid-life savers, 2nd
minimal risk assets
diversification
government bonds
investment decisions
liquidity
potential returns
risk of bank failure
risks associated with cash deposits
time horizon
money
consequences of the ‘do nothing’ option
investing without an edge over the markets
Moody’s
mortgage-backed securities
mortgage-related securities
mortgages, foreign-denominated
MSCI
mutual fund industry, growth of
mutual funds, edge over the markets and, 2nd
Nikkei index, long-term decline
non-investment assets, consideration in portfolio creation
non-life insurance
non-portfolio assets and liabilities
avoiding concentration of investments, 2nd
correlation risk
intangible assets
risk of employee share ownership
tangible assets
types of
OEICs (open-ended investment companies) see also index-tracking funds
oil investments
online discount brokers
past performance, as predictor of future performance
Paulson, John
peer-to-peer (P2P) investment platforms
pension schemes
underfunded and failing schemes
PIMCO
portfolio see rational portfolio
portfolio risk
government and corporate bonds
see also risk
portfolio theory, 2nd, 3rd, 4th
PowerShares
preppers
private equity investment, 2nd, 3rd, 4th
private investments, 2nd, 3rd
private property funds
product selection
property investments, 2nd
commercial property, 2nd, 3rd
during times of crisis
performance of
residential property
property ownership, consideration in portfolio creation
quasi-government debt
quoted property holdings
rational investing
benefits of
importance of low fees
philosophy
product offerings
rational investor
characteristics
checklist of things to do now
definition
embracing the lack of an edge
rational portfolio
adding corporate bonds, 2nd
adding government bonds
adding higher risk government bonds
adjusting with other bonds
advantages over traditional approaches
allocations approaches
allocations at different risk preferences
asset classes
asset split
asset split according to risk preference
checklist of things to do now
components of, 2nd
consideration of non-investment assets
consideration of non-portfolio assets and liabilities
criticisms of adding bonds
diversification
excluded asset classes, 2nd, 3rd
flexible thinking on possible outcomes
implementation, 2nd
investors with higher risk preference
issues with adding bonds
liquidity and, 2nd, 3rd
minimal risk assets
minimising fees and expenses
option to increase complexity
overall message
periodic portfolio review
portfolio mission statement
portfolio risk
portfolio theory and
principles
rebalancing, 2nd
return expectations
risk/return expectations
risk when adding corporate bonds
risk when adding government bonds
stages of life and
tailoring to your needs and circumstances
tax considerations, 2nd, 3rd
world equity index trackers
real estate
REITs (Real Estate Investment Trusts)
residential property investment, 2nd
retirees
estate planning
managing savings
retirement planning
returns
expectations for government bonds
expectations for the rational portfolio
expectations for world equity index trackers
illiquid investments
index tracker compared to active fund
risk
apocalypse investing
avoiding concentration of investments, 2nd
black swan events, 2nd
considering possible future scenarios
corporate bonds, 2nd
correlations between asset classes
currency risk, 2nd, 3rd
employee ownership of company shares
equity risk premium
estimation from the standard deviation
government bonds
information sources for investors
minimal risk assets
non-portfolio assets and liabilities
portfolio allocations approaches
portfolio theory
risk aversion, approach to building savings
risk of equity markets
correlation risk
history of market failures
influence of US risks
markets do not always bounce back
potential for large losses
standard deviation measure of volatility
volatility of markets
volatility of risk
risk preference
asset split in the rational portfolio
influence on rational portfolio allocations
investors with higher risk preference
minimal risk assets
portfolio components and
understanding
risk/return relationship, 2nd
financial planning and
in the rational portfolio
risk surveys
riskless investment concept
S&P (Standard and Poors), 2nd
S&P 500 index, 2nd
savings
at different life stages
building
early savers, 2nd
mid-life savers, 2nd
retirees
Seeders
Sequoia Capital partners
Shiller, Robert
short-term bonds
skew, effects on standard deviation predictions
societal breakdown, protection from an investing perspective
stages of life, influence on portfolio allocations
stamp duty (UK)
Standard and Poors see S&P
standard deviation
effect of fat tails
measure of risk volatility
risk estimation and
skew on the bell curve
State Street, 2nd, 3rd, 4th
stock markets, GDP/market value ratios
stocks, costs related to trading
Taleb, Nassim Nicholas, 2nd
tangency point (portfolio theory), 2nd
tangible assets
tax advice, need for sources for investors
tax advisers
tax efficiency of investments, 2nd
tax efficient proxies
tax-saving schemes
tax wrappers, 2nd
taxes
and the rational portfolio
considerations for the rational portfolio
disadvantages with bonds
The Social Network (movie)
total expense ratio (TER), 2nd
trading
costs of, 2nd
getting started
trading platforms
transaction taxes, 2nd
unit trusts, 2nd, 3rd see also index-tracking funds
unknown unknowns
up-front fees
US equity market
US risks, influence on equity markets
US sub-prime housing market collapse (2007–08), 2nd, 3rd
assumptions underlying the market
Vanguard, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th
Vanguard FTSE All-Share index
venture capital, 2nd, 3rd, 4th
Virgin FTSE All-Share Tracker fund
virtual commodities
virtual currencies, 2nd
VIX index
volatility
of risk
standard deviation measure of
white-label indices
Wisdom Tree
world equity index trackers, 2nd, 3rd
benefits of diversification, 2nd
components of
equity risk premium
expected returns
stock and currency exposure
world equity markets, value of
