I have talked before about diversifying your portfolio by targeting an asset allocation that is right for you. I also recommended a way to balance it across multiple accounts, with the goal of keeping as few funds in each account as you can. When you do this, each account by itself is NOT very diversified, and subject to a relatively large amount of volatility. However, if you take ALL of the accounts together, the overall volatility decreases without much sacrifice in the performance.
Thursday, 29 June 2017 07:41
Published in Investing