Skip to Main Content

Start Of Main Content

Building patience and a portfolio

Get more sound guidance about building a portfolio with a good mix of asset classes.

03-04-2019

Video Transcript

Chapter 7: Building your portfolio

A portfolio is simply a collection of all of your investment assets 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. 

Developing investment patience is one key factor to building your investment and retirement portfolios. Your portfolio will take time to develop and mature. Keep a long-term perspective in mind (especially for retirement) and monitor your investments. Over time, you'll make the appropriate adjustments to align with your objectives.  

If you experience a major life change, you should reassess your investments and make changes to adapt your strategy to your new situation. 

Something to consider as you’re building your portfolio is to educate yourself about the investments that are available in the market, and the level of risk each of them hold. You can then choose different types of investments depending on your needs.

If you want to learn more about investments, please visit the U.S. Securities and Exchange Commission website. 

Your chapter 7 checklist

  • Watch the Building Your Portfolio video above.
  • Download the Just the Facts: Investing worksheet.
  • Start building your investment portfolio. 

Take a look at the variety of Mutual Funds State Farm® has available.

 

Securities distributed by State Farm VP Management Corp.

Securities, insurance and annuity products are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.

State Farm VP Management Corp. is a separate entity from those State Farm® entities which provide banking and insurance products.

Bonds are subject to interest rate risk and may decline in value due to an increase in interest rates.

Diversification does not assure a profit or protect against loss.

Neither State Farm® nor its agents provide tax or legal advice.

AP2020/01/0098




844-373-0003

Also Important

Reaching Your Financial Goals

Reaching Your Financial Goals

Those goals don't have to be lofty or complicated. Keep them simple and attainable is the message here.

Digital Tools to Streamline Your Insurance and Finances

Digital Tools to Streamline Your Insurance and Finances

Managing your money and insurance just got easier.

Related Articles

Real People, Real Dollars

Real People, Real Dollars

Questions, issues and stumbles related to money and budgets are often measured by one challenge at a time: saving for a house, paying off a credit card, even establishing an emergency fund.

Financial Jargon Simplified: Credit

Financial Jargon Simplified: Credit

Doing some homework to understand important jargon can help you navigate credit with confidence.

Financial Jargon Simplified: Insurance Basics

Financial Jargon Simplified: Insurance Basics

Doing some homework to understand important jargon can help you navigate insurance with confidence.