| ชื่อเรื่อง | : | Wealth portfolios and elite professional athletes |
| นักวิจัย | : | Fox, Gary. , West, Jason. , Drew, Michael. |
| คำค้น | : | LIBRARY OF CONGRESS NEEDED , Applied research. , 900199 Financial Services not elsewhere classified. , 150201 Finance. , 150599 Marketing not elsewhere classified. , Financial planning -- Athletes -- Lifecycle strategies -- Pension funds -- Contrarian strategies , Journal Article. Refereed, Scholarly Journal |
| หน่วยงาน | : | Central Queensland University, Australia |
| ผู้ร่วมงาน | : | - |
| ปีพิมพ์ | : | 2555 |
| อ้างอิง | : | http://hdl.cqu.edu.au/10018/1024738 |
| ที่มา | : | Fox, G, West, J & Drew, M 2012, 'Wealth portfolios and elite professional athletes', Journal of Financial Services Marketing, vol. 17, no. 4, pp. 273-283, http://dx.doi.org/10.1057/fsm.2012.21 |
| ความเชี่ยวชาญ | : | - |
| ความสัมพันธ์ | : | Journal of financial services marketing. United Kingdom : Palgrave Macmillan, 2012. Vol. 17, no. 4 (2012), p. 273-283 11 pages Refereed 1363-0539 1479-1846 (online) , ACQUIRE [electronic resource] : Central Queensland University Institutional Repository. |
| ขอบเขตของเนื้อหา | : | - |
| บทคัดย่อ/คำอธิบาย | : | Defi ned contribution pension plans typically rely on some type of lifecycleallocation investment strategy. This approach has recently been shown to be sub-optimaldue to the portfolio size effect. The terminal wealth of individuals with steadily increasingearnings over time is signifi cantly less when using a lifecycle strategy compared with asimple contrarian approach. The adverse effect of an inappropriate asset allocationstrategy for investors with unorthodox earnings profi les, such as for professional athletes,can be greatly magnifi ed. We demonstrate that strategies that exploit the portfolio sizeeffect vastly dominates terminal wealth earned using lifecycle strategies for individualswho experience unorthodox earning profi les, particularly those generating high investableincomes early in life. While the lifecycle strategy contains some attractive features relatingto risk aversion and diminishing utility from wealth, we demonstrate that for unorthodoxearnings profi les the case for taking advantage of the portfolio size effect is particularlystrong. |
| บรรณานุกรม | : |
Fox, Gary. , West, Jason. , Drew, Michael. . (2555). Wealth portfolios and elite professional athletes.
กรุงเทพมหานคร : Central Queensland University, Australia. Fox, Gary. , West, Jason. , Drew, Michael. . 2555. "Wealth portfolios and elite professional athletes".
กรุงเทพมหานคร : Central Queensland University, Australia. Fox, Gary. , West, Jason. , Drew, Michael. . "Wealth portfolios and elite professional athletes."
กรุงเทพมหานคร : Central Queensland University, Australia, 2555. Print. Fox, Gary. , West, Jason. , Drew, Michael. . Wealth portfolios and elite professional athletes. กรุงเทพมหานคร : Central Queensland University, Australia; 2555.
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