Check on your asset allocation periodically to ensure it matches your overall risk tolerance. Do not obsess over the details that could lead to emotion-fueled mistakes.
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Asset management is the practice of increasing total wealth over time through acquiring, maintaining, and trading investments that have the potential to grow in value.
However, we must keep in mind that asset management has a double-barreled goal which increases value while mitigating risk ...
Allocation is giving other people work to do.
Delegation is giving other people some of your own work to do, where you give them the whole problem to solve, not just a task on its own.
This could be trying out that new job that excites you, though feels like a risk.
It could be asking out that person who has captured your interest, but who you are intimidated to talk to.
For many of these, though certainly not all, you’ll regret not having taken the chance, ...
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