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Course 502:
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Building a Portfolio, Part 2 |
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As discussed in Stocks 501: Building a Portfolio, Part 1, the first step in building a portfolio of stocks is to determine your investment objectives, or, in other words, to establish what your expected return and acceptable risk tolerance is for the portfolio. Next, you need to look at the constraints that may be involved when building your portfolio. There are four constraints to consider: your time horizon, your liquidity needs, your tax situation, and possible legal and regulatory issues.
Next:
Time Horizon >>
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