What are some effective asset management strategies?
Effective asset management strategies include diversification, risk assessment, and regular portfolio reviews.
Can you explain diversification in more detail?
Diversification involves spreading investments across various asset classes to reduce risk.
What are some common asset classes I should consider?
Common asset classes include stocks, bonds, real estate, and commodities.
How often should I review my asset management strategy?
It's recommended to review your strategy at least annually or after significant life changes.
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