Smart investing: Why you need to stick to asset allocation
By Joydeep Sen
Certain basics do not change, even with changing times. The basis or rationale for doing your portfolio allocation is one of those. Along with changing times, market dynamics change, new investment opportunities emerge and you also may develop fresh perspectives. However, the importance of asset allocation remains as much, always. Why?
The essence of portfolio allocation is twofold: (a) matching the risk profile of the investment asset with your risk profile and (b) diversification into various assets de-risks your portfolio to an extent.
Current market level What you just read is not a new discovery. Then why reiterate? Reason is, at the current juncture, a section of investors are trying to gauge the current market level, with
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