Asset allocation strategies should be reviewed periodically with a financial advisor from "summary" of All About Asset Allocation, Second Edition by Richard Ferri
It is crucial to regularly review asset allocation strategies with a financial advisor in order to ensure that your portfolio remains aligned with your financial goals and risk tolerance. As your life circumstances change, so too may your investment objectives, which could impact the appropriate asset mix for your portfolio. A financial advisor can help you reassess your asset allocation in light of any significant life events, such as marriage, the birth of a child, a job change, or retirement. By examining your current financial situation and long-term goals, a professional can provide valuable insight into whether your asset allocation is still suitable for your needs....
Similar Posts
Focus on earning more instead of cutting back on expenses
Many people believe that the key to financial success is cutting back on expenses. They think that by saving money on small thi...
Cost of investment matters more than picking individual stocks
In the world of investing, many people believe that the key to success lies in picking the right stocks at the right time. They...
Cultivate a mindset of abundance rather than scarcity
To truly understand the concept of abundance versus scarcity, we must first examine our beliefs and attitudes towards money. Ma...
Remember that true wealth encompasses more than just money
True wealth is not solely defined by the amount of money one possesses. While financial resources are undoubtedly important for...
Consider investing in index funds
Index funds are an excellent option for beginner investors because they are simple, low-cost, diversified, and historically hav...
The key to financial success is to continuously educate yourself and adapt to changing circumstances
In order to achieve financial success, it is crucial to recognize the importance of continuous education and adaptability in th...
Focus on longterm value creation
In the world of investing, it is crucial to have a clear understanding of what truly matters. One must focus on the long-term v...
Longterm investing pays off
The idea of long-term investing is a simple one, yet it is often overlooked by many investors. The concept is straightforward: ...
Investing in yourself can have the highest return on investment
Investing in yourself can have the highest return on investment. The most important investment is in yourself, as it can lead t...
High levels of consumer debt can lead to economic instability
When consumers carry high levels of debt, they are essentially spending money they haven't earned yet. This can create a false ...
