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Finance Dictionary and Glossary of Investment Terms
Personal Active Strategy
An approach to investing in which the individual investor handles his or her own portfolio with the assistance of investment advisors.According to ""Wealth Enhancement & Preservation"", a Web-based database created by Robert A. Esperti and Renno L. Peterson for the National Network of Estate Planners, ""It isn''t important which style of investment management is used as long as the individual has the desire to follow -- with discipline -- his or her particular investment model. Research has shown that about 3 to 5 percent of individual investors have this discipline and consistently do as well as, or even better than, professional money managers.""