An effective long-term investment strategy involves identifying a client's level of risk tolerance and risk perception, determining an appropriate asset allocation strategy, and rebalancing the client's portfolio on a yearly basis.

Authors

• Person: Not available Organization: Financial Planning Association
  Understanding Behavioral Aspects of Financial Planning and Investing

Sources

• Understanding Behavioral Aspects of Financial Planning and Investing www.financialplanningassociation.org Financial Planning Association via serper

Referenced by nodes (4)

• risk perception concept
• risk tolerance concept
• portfolio rebalancing concept
• portfolio concept