Chapter 7: Building Your Portfolio
A portfolio is simply a collection of all your investments in one place. Keep a good mix of asset classes: stocks, bonds, and cash equivalents to help you reduce the effects of a volatile market.
Ultimately, investing takes patience. Your portfolio will take time to develop and mature. Keep a long- term perspective in mind and monitor your investments. That way you'll make the best adjustments to help your plans.
If you experience a major life change, please reassess your investments and make changes to adapt your plans to your new situation.
Your Chapter 7 Checklist:
- Watch the Building Your Portfolio video
- Download the Just the Facts: Investing Worksheet
- Start building your investment portfolio