Summary of The Aspirational Investor
Taming the Markets to Achieve Your Life’s Goals
Copyright © 2015 by Ashvin B. Chhabra. Published by arrangement with HarperBusiness, an imprint of HarperCollins Publishers
Don’t focus your investment results on beating the market.
In this insightful investing advisory, Ashvin B. Chhabra, chief investment officer with Merrill Lynch Wealth Management, explains why the focus of your investing should be your personal objectives, not whether you beat the overall market’s performance. Chhabra advises placing your assets in three buckets representing your “safety,” “lifestyle” and “aspirational goals.” The assets in each bucket should provide a return and represent a risk that’s appropriate to its purpose. Chhabra provides a compelling perspective on navigating today’s market-oriented investment climate. While never giving investment advice, getAbstract recommends his useful planning guide to investment professionals, investors, and anyone interested in investments and markets.
In this summary, you will learn
- How to consider your investments in terms of attaining your financial goals,
- Why your personal objectives – not the market’s performance – should be your focus and measuring stick; and
- What factors stand in the way of your investment objectives.
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