![Asset Allocation Is Akin To Picking A Cricket Team; Here's Why](https://cdn.magzter.com/Outlook Money/1722691935/articles/MrLzGEA6P1722861149111/ASSET-ALLOCATION-IS-AKIN-TO-PICKING-A-CRICKET-TEAM-HERES-WHY.jpg)
Imagine your investment portfolio to be your cricket team. You wouldn’t just pick all batsmen or all bowlers in your team, right? You would want a mix of batsmen, bowlers, and some all-rounders. Asset allocation is similar to building a cricket team. It’s about diversifying your money across different asset classes such as equity, debt, real estate, and gold to balance the risk irrespective of market ups and downs. So, ditch the one-dimensional approach and pick your investment team wisely with the help of asset allocation.
Factors Affecting Asset Allocation
This story is from the August 2024 edition of Outlook Money.
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This story is from the August 2024 edition of Outlook Money.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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