What is a Portfolio?
An investment portfolio is a mix of assets like stocks 📈, bonds 💵, real estate 🏠, and cash 💰 designed to grow your wealth or earn income.
Key Points:
Diversify 🌐: Spread money across different assets to reduce risk.
Set Goals 🎯: Know why you're investing (e.g., retirement, house, etc.).
Know Risk Tolerance ⚖️: Choose assets based on how much risk you're okay with.
Time Horizon ⏳: Decide how long you can invest before needing the money.
Monitor & Rebalance 🔄: Regularly check and adjust your portfolio.
Start simple, invest consistently, and stay focused on long-term goals.