Choose wisely. There is only one correct answer to each question.
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1.
When creating a blueprint for your investment portfolio, what should you start with?
Your goal. Your goal gives you vital information, such as how long youll be investing and how much money you can put at risk.
2.
To determine whether your existing portfolio fits your investing blueprint, you should, among other things, search for overlap among your investments.
True. Searching for overlap will weed out unneeded redundancy.
3.
When you rebalance your portfolio, what should you keep in mind the most?
Your goal. All other things will need to follow your goal.
4.
Why might it be a good idea to remove redundant investments from your portfolio?
All of the above. Though a set of investments may be redundant, there are still some differences among them, which may make one preferable to keep over the others.
5.
A successful portfolio is one that is filled with great investments.
False. As a rule, a successful portfolio contains investments that work together to help you reach your goals. A portfolio can be made up of "great" investments, but they may not necessarily work well together.
