Nasim Siddiqi

The standard investment approach frequently advised by investment companies and their representatives probably won't be the greatest investment strategy for the average investor in 2023. Making modifications to the asset allocation strategy in your investment portfolio is one of the finest strategies to deal with impending change. The financial industry has advocated a 50–60% stock and 40–50% bond asset allocation as the optimum investment plan for the majority of investors for more than 30 years. Mutual funds, which include stock funds and bond funds, were the recommended investment vehicle. This kept things straightforward and in fact did work fairly well. Gains in the other asset class frequently made up for losses in the first. Over time, this investment portfolio gave average investors good growth and income. It's time to reassess your asset allocation as 2013 progresses. The finest investment plan will occasionally be a little more conservative than the tried-and-true pla