Ahh, the arrival of spring. After a long, wet winter, it’s a welcomed breath of fresh air. For you, it’s an opportunity to think strategically about your portfolios for the coming year. What better way to start than to do a portfolio spring cleaning?
Update Your Investment Objectives
Review and make note of any substantial changes in your life that may affect the strategy of your investment portfolio. During discussions with your financial advisor, identify any important lifestyle changes to see how they affect your current investment planning objectives.
Bring Your Asset Allocations Back to Reality
With any change in your investment profile, your advisor will recommend a review of your current asset allocation strategy. Asset mix varies with each individual, but it is valuable for every investor because it imposes discipline in your investing strategy.
Spring is the traditional time when we put our house in order and give the old place a renewed vigor. Do the same for your investments.
1,661 views