Determining Your Asset Mix
Once you've defined your investment goals and thought about how much risk you can take, the next step is to determine your portfolio's asset allocation. Asset allocation refers to the way your portfolio is diversified across asset classes, such as stocks, bonds, and cash.
In fact, setting up the right asset mix to support your investment strategy may be just as or more important than choosing great investments.
The articles in this section discuss what you need to know before determining your asset mix and how to use the tools available in your Scottrade account to establish your mix. The last article also discusses some of the limitations of online asset-allocation tools that you should be aware of when you're building your portfolio.
Read Next: What You Need to Get Started