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  2. Merton's portfolio problem - Wikipedia

    en.wikipedia.org/wiki/Merton's_portfolio_problem

    He starts with a known initial wealth W 0 (which may include the present value of wage income). At time t he must choose what amount of his wealth to consume, c t, and what fraction of wealth to invest in a stock portfolio, π t (the remaining fraction 1 − π t being invested in the risk-free asset). The objective is

  3. Datar–Mathews method for real option valuation - Wikipedia

    en.wikipedia.org/wiki/Datar–Mathews_method_for...

    Fig. 1 Typical project cash flow with uncertainty. The mathematical equation for the DM Method is shown below. The method captures the real option value by discounting the distribution of operating profits at R, the market risk rate, and discounting the distribution of the discretionary investment at r, risk-free rate, before the expected payoff is calculated.

  4. Portfolio optimization - Wikipedia

    en.wikipedia.org/wiki/Portfolio_optimization

    Portfolio optimization is the process of selecting an optimal portfolio (asset distribution), out of a set of considered portfolios, according to some objective.The objective typically maximizes factors such as expected return, and minimizes costs like financial risk, resulting in a multi-objective optimization problem.

  5. Modern portfolio theory - Wikipedia

    en.wikipedia.org/wiki/Modern_portfolio_theory

    The assets in financial portfolios are, for practical purposes, continuously divisible while portfolios of projects are "lumpy". For example, while we can compute that the optimal portfolio position for 3 stocks is, say, 44%, 35%, 21%, the optimal position for a project portfolio may not allow us to simply change the amount spent on a project.

  6. Stocks vs. bonds: Which is a better choice for you? - AOL

    www.aol.com/finance/stocks-vs-bonds-better...

    On the other hand, bonds and other short-term fixed income securities tend to be a better option for short-term goals because they are typically less volatile than stocks and can help generate ...

  7. Check or calculate the value of a savings bond online - AOL

    www.aol.com/finance/check-calculate-value...

    The value of a paper savings bond can be checked by using the savings bond calculator on the TreasuryDirect website and entering this information found on bond: Issue date Bond series

  8. Portfolio (finance) - Wikipedia

    en.wikipedia.org/wiki/Portfolio_(finance)

    The monetary value of each asset may influence the risk/reward ratio of the portfolio. When determining asset allocation, the aim is to maximise the expected return and minimise the risk. This is an example of a multi-objective optimization problem : many efficient solutions are available and the preferred solution must be selected by ...

  9. Markowitz model - Wikipedia

    en.wikipedia.org/wiki/Markowitz_model

    Figure 5: CML and Risk-Free Lending and Borrowing. Figure 5 shows that an investor will choose a portfolio on the efficient frontier, in the absence of risk-free investments. But when risk-free investments are introduced, the investor can choose the portfolio on the CML (which represents the combination of risky and risk-free investments).

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