by John Zhong
The founder of MyPlanIQ.com shows how to use his online portfolio management platform to build a well-rounded retirement portfolio.
When it comes to retirement investments, it’s paramount to construct a portfolio that can deliver a reasonable return with acceptable risk. This is where asset allocation comes into play. One should carefully choose funds that represent specific asset classes being targeted within a portfolio. Furthermore, one can reduce risk by carefully weighting allocations to each asset class and choosing asset classes that have a low correlation (meaning they haven’t historically moved in the same direction).
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