Here are five common mistakes to avoid while re-allocating your portfolio:✔ï¸Avoiding human intervention - Robo advisory is fine, but when it comes to asset allocation, human judgement will always fall at a higher pace.✔ï¸Getting rigid about long-term plans- Don't forget that your portfolio is based on certain assumptions, considering past, present & future. ✔ï¸Driving re-allocation by likes and dislikes- Don't let emotions take over your decision-making skills. Avoid falling in love with the stocks you invest in.✔ï¸Re-allocating portfolio with a fickle mind- Think through when it comes to portfolio re-allocation. It has costs in terms of statutory, taxes, and opportunity.✔ï¸Making drastic changes without an expert- Re-allocation has its long-term returns & risks, don't ignore that. An expert can help you with a better advice.Have you made any such mistakes while re-allocating your portfolio?Tell us in the comments below.⬇ï¸Download the app now! - MO Investor App👉 Research 360 App🔗 For disclaimer, visit our Share this with your investing or trading buddy.🔖 Save this post for future reference.â˜‘ï¸ Follow @motilaloswalgroup for more knowledge-based content. #linkinbio #MotilalOswal #KnowledgeFirst #CommonMistakes #Portflio #Investing #StockMarket #Investing101 #stockmarketinvesting #experttips #chooserightstocks #investmentadvice #stockratings #stockanalysis #technicalresearch #marketanalysis #expertadvice #investingtips
Posted On: 24 Jan 2023 11:03 AM
