PPF DIARIES: CHAPTER 4: ASSET ALLOCATION
Dear Reader, If you are reading this, it would be prudent for you to read the previous chapters of this PPF series. That will make this reading more meaningful. Chapter 1: The CA Spectrum! https://www.blogger.com/blog/post/edit/919490648479878981/2678530483028784714 Chapter 2: Importance of Insurance: https://www.blogger.com/blog/post/edit/919490648479878981/8462167003907043567 Chapter 3: Risk Profiling: https://www.blogger.com/blog/post/edit/919490648479878981/2532132870264557490 Once you have read all of the above chapters, it means, you are now ready to invest! You have created the emergency fund and got enough insurance. You also know how much risk you can afford to take. The next step in the personal finance journey is to work on asset allocation. We all know about the proverb that says not to put all our eggs in one basket. That reduces the risk of losing all the eggs if the basket is lost. But it does not tell us about how many (different types of) baskets should be there