Planning For Retirement: What Is A "Balanced" Portfolio?
If you're trying to plan for your retirement and your future, you may have heard about creating a "balanced" portfolio. A balanced portfolio reduces your risk and improves the chances of stable income. However, sometimes it might not be clear exactly what a balanced portfolio is. In truth, portfolios can be balanced in multiple ways. Balancing the Type of Investments A good portfolio should have many different types of investments, rather than just stocks.