A well-diversified portfolio is vital to any investor’s success. As an individual investor, you need to know how to determine an asset allocation that best conforms to your personal investment goals and risk tolerance. In other words, your portfolio should meet your future capital requirements and give you peace of mind while doing so. Investors can construct portfolios aligned to investment strategies by following a systematic approach. Here are some essential steps for taking such an approach.
Key Takeaways
Overall, a well-diversified portfolio is your best bet for the consistent long-term growth of your investments.
First, determine the appropriate asset …
