Strategy Beginner: Steps to a Suitable Portfolio

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1.
When you rebalance your portfolio, what should you keep in mind the most?
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Your goal. All other things will need to follow your goal.
2.
A successful portfolio _______.
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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.
When rebalancing your portfolio, it is a good idea to weed out redundant investments.
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True. When you have redundant investments, one of them usually has lower expenses and a stronger long-term risk/reward profile, which can make it an advantage.
4.
When creating a blueprint for your investment portfolio, what should you start with?
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Your goal. Your goal gives you vital information, such as how long youll be investing and how much money you can put at risk.
5.
To determine whether your existing portfolio fits your investing blueprint, you should answer questions such as _______.
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All of the above. These are just some of the questions you should ask about your portfolio to make sure it fits your blueprint.