Howdy Wall St. Willy! On TV I heard about a portfolio but, what is portfolio anyway?
But, how do I decide what’s in my portfolio?
This depends on your asset allocation based on your age, savings, risk tolerance etc. But we covered this in detail when we talked about asset allocation.
But can someone help me with creating a portfolio if I think it’s hard?
That’s exactly what I’ll do! Anyway, how many asset classes can be in my portfolio?
But, in general you should have multiple asset classes in your portfolio so that you are well diversified. But we covered this before when we talked about diversification.
Thank you very much for telling me about a portfolio, Wall St. Willy.
You are welcome, Sooper Cooper. Remember, Finance is Your Friend!