Plan your investing

Plan your work and work your plan. In seven words, this sums up one of the best ways to be successful in life. And as investing is one of the important parts of our working life, this strategy can be extended here too. And as all good things in the investing world come in nice small packages, so does this plan. In investing jargon, it is called asset allocation. This complex sounding terminology is all about having a plan. It is also about how to continuously manage this plan. Asset allocation is a simple way to reduce risk by spreading investments across different asset classes. It is also about spreading your investments over time while factoring in your financial requirements. Asset

This article was originally published on April 17, 2003, and last updated on July 21, 2022.