In understanding your relationship with money, what are the 3 most important personal factors to consider?
- how long or short a time you have to invest
- how much risk you can tolerate, and,
- your investment objectives and whether they fit in with your time horizon and risk appetite.
By knowing more about yourself and where you want to be, you can now use this knowledge to construct an investment portfolio that fits your unique needs:
- your time horizon,
- your risk tolerance and
- investment objectives.
Understand what money means to you: Answer 10 simple questions
Asset Allocation: The Best Way to Minimize Risk of Your Portfolio