How Do You Create The Optimal Portfolio?
There are numerous ways to go about constructing a portfolio. Some are better than others. The one I’m going to go over in this article is what I feel comes close to the ideal now. You are warned that price is always a factor no matter what one buys so pay attention to it if you choose to add any of the investments mentioned to your own portfolio. The first thing a good portfolio must have is a solid base. This includes plenty of cash. There is no reason to have committed all of one’s money unless things are ridiculously cheap. However, one doesn’t have to restrict oneself to US currency. Other currencies can be bought without thinking of them as an actual investment. There are plenty of etfs and even some bank accounts for this. Two stocks to consider when anchoring a portfolio are Philip Morris International And Berkshire Hathaway. These two are tops as far as stability goes. Big companies like these shouldn’t really be thought of as investments but rather as anchors. They are there
