How to build your ideal portfolio
01:18 Mins Read
Knowing what an ideal portfolio is one thing. Building it is a whole other ball game. Discover how you can do that.
How to build your ideal portfolio? Building your ideal investment portfolio is quite easy. You just need to follow a few basic steps. First, identify your investment goals – both short-term and long-term. Next, assess your risk profile. Are you a conservative investor? Are you a risk-taker? Or are you somewhere in-between? Once you’ve done that, compare the risk-return profiles of different investment options. Identify the investments that have the potential to deliver the returns you need – within the timeframe you need them. Allocate your capital to these investment options smartly. And of course, remember to revisit your portfolio from time to time to rebalance it as needed. So, that’s how you go about building an ideal investment portfolio. And to do this, you need to be aware of the many investment options out there. Head to the next chapters in Smart Money to learn about other investment options.