What are the different types of investment portfolios?
There are several types of investment portfolios, including growth, income, balanced, and index portfolios. Each serves different investment goals.
Can you explain what a growth portfolio is?
A growth portfolio focuses on investments that are expected to grow at an above-average rate compared to the market. It typically includes stocks of companies with high potential for expansion.
What about an income portfolio?
An income portfolio is designed to generate regular income through dividends or interest. It often includes bonds, dividend-paying stocks, and real estate investment trusts (REITs).
How do I choose the right portfolio type for me?
Choosing the right portfolio depends on your financial goals, risk tolerance, and investment timeline. It's best to assess these factors before deciding.
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