Constructing A Personal Dividend Income Portfolio In Today’s Challenging Market-Part 2
Introduction Portfolio Construction
In building a dividend income portfolio, or any portfolio for that matter, you need to approach portfolio construction with common sense and realistic appraisal of your own emotional abilities and tendencies. In other words, know thyself. Establish a plan that suits your goals needs and objectives and then follow that plan. To be clear, each portfolio selection should be chosen to do a specific job that includes realistic goals, objectives, needs, and risk tolerances. Be sure to diversify properly. However, not too little, or too much. Knowledge is power, therefore build a portfolio that you can have confidence in. Finally, there is no substitute for continuous monitoring, research, and due diligence. In short – manage your portfolio.