Asset Allocation & Its Purpose
When did you last review your portfolio? If the answer is I check it every day, you are missing the point. You cannot review something rationally if you see it too often or after too long. Periodic & systematic review can help you to judge performance of your portfolio based on your investment objective and suitable asset allocation strategy. What is asset allocation? To simply put, not to keep all your eggs in one basket! Conventional definition as per Wikipedia is ‘Asset allocation is the implementation of an investment strategy that attempts to balance risk versus reward by adjusting the