Understanding some basic investing terms is helpful because it can potentially transform investing from some arcane art into a simple process. The more you see investing as a process based on rules and logic, as well as an important component of your strategic plan, the less likely you will make decisions based on emotions. Emotional investing is very dangerous and can often lead to poor decision making. One important term every investor should understand is asset allocation.

In this brief piece, we plan to demonstrate its significance and proper use. A lack of diversity in a portfolio is one of the most common mistakes we see with new clients.

Why is asset allocation so important?

Find Out By Downloading Back to Basics #2: Asset Allocation


About our Oxford Harriman & Company Back to Basics Series:

Fundamentals are the basic foundation under any stable skill, process, or operation. Understanding the basics of proper planning can be the difference between financial success and failure.

Because we believe fundamentals are so important, we are putting together a new series of content called “BACK TO BASICS.” Each of these pieces will review one of the basic planning components we believe are important.

 

ANY QUESTIONS?

Unsure about your direction or methodology for meaningful investment planning and wealth management? Contact us and one of our experienced professionals/advisors can help provide clarity of thought.

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