Ironically only 1 in 20 investors have made any fund changes within their investment portfolios in the past decade. This would indicate that people are sticking with an investment strategy that’s no longer suitable or applicable in today’s global economic environment. All investors should look at their investments and returns every 6 months or at least on an annual basis and be prepared to make fund changes as required. Read news headlines/or get investment information from a web page such as this one - and don’t be afraid to ask your financial advisor to make adjustments within your portfolio that reflect today’s market place to enhance returns on your investment dollars.
Asset allocation and diversification strategies of the past are no longer applicable in today’s ever evolving global market place. Re-balance your personal portfolio soon, it’s probably outdated completely and in dire need of restructuring.
