Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
When you rebalance your portfolio, what should you keep in mind the most?
Choose wisely. There is only one correct answer.
Your goal. All other things will need to follow your goal.
2.
A successful portfolio _______.
Choose wisely. There is only one correct answer.
Should contain investments that work together to help you reach your goals. A portfolio can be made up of "good" investments, but they may not work well together.
3.
What vital information does your goal give you?
Choose wisely. There is only one correct answer.
Both of the above. Your goal tells you both how long youll be investing and how much money you can put at risk.
4.
To determine whether your existing portfolio fits your investing blueprint, you should answer questions such as _______.
Choose wisely. There is only one correct answer.
All of the above. These are just some of the questions you should ask about your portfolio to make sure it fits your blueprint.
5.
Why might it be a good idea to remove redundant investments from your portfolio?
Choose wisely. There is only one correct answer.
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.