The 7 Principles of a Perfect Portfolio

There is no perfect portfolio that will fit everyone’s needs. Instead, we must ask ourselves what the perfect portfolio looks like for our individual lives. The market is a risky endeavor, so you really need to understand how much volatility you are comfortable with and how much is necessary to support the longevity of your retirement. Not everyone will look at risk in the same way. You'll need to think about the entire framework of your plan, updating it when necessary. In order to start building the perfect portfolio, experts suggest focusing on your principles, process, and path. 

Do you need professional assistance to help with your plan? This will depend on what they bring to the table, professionals can certainly help prevent blind spots in your plan. Can you pinpoint your comfort zone when it comes to financial gains and losses? Doing so can certainly be difficult if you are used to making emotional decisions. On today’s episode, we’ll explore 7 principles that are necessary to consider when building your perfect portfolio.

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