| A Caravan called Portfolio | |
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| If you've read upto this point, I'm
sure you are serious about being a wealthy man and are itching to
go ahead and start your investment career. Let's stop and see where
have been.
We know where we stand
today, where we want to go and the time frame for reaching there.
We've learned that proper
liability management is as important as asset management.
We have peeped into the
investment process and the potholes to avoid during our journey.
We've learned about asset
allocation and about the parameters that will influence our decision.
We know how to use diversification
for managing risk. We know our friends and foes in the journey to
wealth creation.
And finally we know about
individual vehicles to take.
Now we need to place the various
pieces of the jigsaw puzzle, that is portfolio designing, to build
our own fleet. Because unlike a temporary jaunt to Bahamas, where
we can afford to ride a single cruise, the permanent trip involves
making a well designed fleet of assorted vehicles!
The choice of vehicles for our fleet will depend on our road
map and the time frame.
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