A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Achieving Portfolio Diversification for Individuals with Low Financial Sustainability
While many individuals make investments to gain financial stability, most individual investors hold under-diversified portfolios that consist of only a few financial assets. Lack of diversification is alarming especially for average individuals because it may result in massive drawdowns in their portfolio returns. In this study, we analyze if it is theoretically feasible to construct fully risk-diversified portfolios even for the small accounts of not-so-rich individuals. In this regard, we formulate an investment size constrained mean-variance portfolio selection problem and investigate the relationship between the investment amount and diversification effect.
Achieving Portfolio Diversification for Individuals with Low Financial Sustainability
While many individuals make investments to gain financial stability, most individual investors hold under-diversified portfolios that consist of only a few financial assets. Lack of diversification is alarming especially for average individuals because it may result in massive drawdowns in their portfolio returns. In this study, we analyze if it is theoretically feasible to construct fully risk-diversified portfolios even for the small accounts of not-so-rich individuals. In this regard, we formulate an investment size constrained mean-variance portfolio selection problem and investigate the relationship between the investment amount and diversification effect.
Achieving Portfolio Diversification for Individuals with Low Financial Sustainability
Yongjae Lee (author) / Woo Chang Kim (author) / Jang Ho Kim (author)
2020
Article (Journal)
Electronic Resource
Unknown
Metadata by DOAJ is licensed under CC BY-SA 1.0
Maslow Portfolio Selection for Individuals with Low Financial Sustainability
| DOAJ | 2018
ACHIEVING REGIONAL SUSTAINABILITY
| TIBKAT | 2020
SPECIFICATION AND ECONOMETRIC IMPROVEMENTS IN REGIONAL PORTFOLIO DIVERSIFICATION ANALYSIS
| Online Contents | 1994