Make changes where required so that your investment and insurance portfolio are equipped to meet the rigours that 2020 may have to offer
Concentrating your savings in one asset is a risky proposition. If the investor's favorite asset gives poor returns, then his efforts at wealth creation would face a setback.
Those investors who had not rebalanced their protfolio at the end of the previous year, because mid- and small-cap funds were still rallying, should surely do so now
More than choice of instrument, it is asset allocation that will decide how much young investors accumulate eventually
Diversifying too much may reduce risk, but it also hurts returns
Investors should consider significant exposure to fixed income securities for capital preservation, which could be debt mutual funds, banks fixed deposits or high-rated corporate debt instruments
Prudent asset allocation is the first step towards financial empowerment
When exiting investments to rebalance your portfolio, keep in mind the tax impact, exit load and lock-in