Proper weightage in asset allocation!
If you have invested in various asset classes like Equity, Gold and Debt, according to your risk profile then it is important to you maintain the weightage of your asset allocation. For example, in current scenario when market is at all-time high, so obviously your equity weightage would have increased in your portfolio allocation. In this scenario to maintain your original asset allocation you might have to book partial profits and divert your funds to other assets in your portfolio.
#PersonalFinance#PsychologyofMoney#Miscellaneous
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