The Cycle of Investing
Understanding the cycle of investing may help you avoid easy pitfalls.
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Getting what you want out of your money may require the right game plan.
Over time, different investments' performances can shift a portfolio’s intent and risk profile. Rebalancing may be critical.
Without even realizing it, most people are familiar with protection-first thinking. If you remember travelling on an airplane in a not too distant past, you would recall this important point in the safety demonstrations “In the event of sudden decompression, secure your own oxygen mask before helping others.”