9 Key Things to Remember When Managing Your Investment Portfolio  Feb 27th

How to go about securing the best return for your investment in Canada.
Latest News

Women and money: Taking control of your personal finances May 11th

They’re “Mom” to their kids and “boss” to everyone else. Across Canada, women continue to break the glass ceiling in their careers and in business. We’re occupying more board seats at public companies—more than a quarter in 2022, compared to just over 20% in 2020, according to the most.... More »

European shares fall as investors take stock of spreading virus - Reuters + MORE Mar 27th

European shares fall as investors take stock of spreading virus  ReutersView Full coverage on Google News.... More »

Stock market news live updates: Stocks waver as big earnings week begins - Yahoo Canada Finance Jan 23rd

Stock market news live updates: Stocks waver as big earnings week begins  Yahoo Canada FinancePre-Market Brief: Stocks Mixed As Investors Brace For Tech Earnings  BarchartMarkets: Wall Street drifts  CTV NewsU.S. Stocks Trade Sideways As Fed Mouthpiece Hints At Interest.... More »

Here's why Robinhood is restricting users from buying surging stocks like GameStop - Yahoo Canada Finance Jan 28th

Here's why Robinhood is restricting users from buying surging stocks like GameStop  Yahoo Canada FinanceWhy a Reddit group pumped GameStop shares up 1,000% on a lark to make short sellers lose their shirts  CBC.ca'This is a drastic shift' — Reddit co-founder Alexis Ohanian on W.... More »

Making sense of the markets this week: July 10 Jul 8th

This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The first half of 2022 asset scorecard—not good The S&P 500 entered a bear market last month and recorded its worst first half since 1962, down 20.6%. Th.... More »
9 Key Things to Remember When Managing Your Investment Portfolio It is always a good idea to keep your eye on the ball when it comes to managing your portfolio as your investment priorities can easily evolve over time and markets change too, meaning you might have to move your money around to spread the risk.
Here is a look at some of the main things to remember about managing your investment portfolio, including why it helps to stick to what you know, a look at risk profiles, and some pointers on fees and other issues that you need to be aware of.
Have a good understanding of what you have
As part of your commitment to good Financial management it is essential that you have a firm grip on what type of investments you have in your portfolio and what each product is designed to achieve.
A balanced portfolio that spreads your risk across a range of investments is often considered a good strategy, which means having a certain percentage of your money in bonds, gold, stocks, etc, rather than in one type of investment.
Diversification is good
A balanced portfolio involves diversification and the reason why this approach works is because it doesn’t leave you too exposed in one sector…

Continue Reading On investitwisely.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!