Wealth creation is indeed, a long-term exercise. It needs continuous and planned investments, Merely choosing an investment vehicle based on hear-say and investing a chunk of your money is not going to serve the purpose.
Asset allocation is a investment strategy implemented by allowing your money to be placed in many different types of investments such as stocks, bonds & cash by considering financial goals and risk tolerance in each investment vehicles.
Listen to this podcast to know:
• What asset allocation is all about,
• Things you consider while designing your asset allocation
• Asset allocation strategies you can used to keep your portfolio diversified.
• How Asset allocation works according to different life-stages of an investor?