Timing is Everything: When Should You Evaluate Your Portfolio Before Investing More?
Investing without reviewing your portfolio is like driving without checking your fuel gauge. To ensure your financial journey stays on track, a portfolio review is essential before making new investments. But when should you do it?.
Key Moments to Re-Evaluate Your Portfolio:
The strategy does differ as per the goals of a person. One of the common strategies is the 60-40 rule, i.e., allocating 60% to equities and 40% to bonds, which could differ from 70-30 according to your future plans and goals, which would lead you to higher returns—that's where you need YFS.
3 Highlights of Asset Allocation:
● A yearly check ensures your investments align with your financial goals.
● Got a raise, switched jobs, or planning retirement? Your risk tolerance may change.
● Economic shifts can impact asset allocation. Reviewing your funds and investments helps rebalance your portfolio.
● Before adding new assets, assess existing ones. Are they performing well? Do you need diversification?
Why It Matters
Investing without a clear picture of your current assets can lead to missteps. A strategic portfolio review helps you stay on course.
At YFS, we help you analyze, adjust, and optimize your investments. With YFS, Review first and invest smarter.
Contact Us today!