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Strategies for Managing Portfolio Risk

managing portfolio risk

 

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STRATEGIES FOR MANAGING PORTFOLIO RISK

There is no investment plan without a certain amount of risk. How much risk you are willing to cope with differs between investors. Typically, if you are considering an investment portfolio for the first time, you are likely to be cautious and have low-risk tolerance. 

Seasoned investors and those who can afford to make a loss without affecting their financial stability have a high tolerance for risks. 

But the real question you want to ask when it comes to managing portfolio risk is not how much risk one can safely handle but who determines the risks you face. Indeed, there will be a variety of risks on the way when you start building an investment portfolio. But being in a position to recognise these risks is not something that most new investors can do. So whose job is it to tell people about the risk of their investment portfolio? The answer varies depending on the type of portfolio you have and your attitude towards risks. 

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The Best Way to Write a Personal Statement

the best way to write a personal statement

 

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The Best Way to Write a Personal Statement

Whether you’re applying to university as a mature student, or are helping your teen prepare for higher education, you’re probably well aware of the importance of a good personal statement. They’re often the document upon which an admission offer is made, in the same way in which a cover letter is instrumental in helping you secure the job of your dreams.

While it may seem relatively simple to write a personal statement, more work needs to go into them than first meets the eye. After all, while they must be relatively short (a maximum of 4,000 characters long), this means that you have to say quite a lot within a short space, which can prove difficult. 

With that in mind, here is the best way to write a personal statement. 

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Smart Financial Strategies for Single Parents

Financial Strategies for Single Parents

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SMART FINANCIAL STRATEGIES FOR SINGLE PARENTS

So, you are a newly single parent with questions floating in and out of your mind about how to bring order to your financial life in light of your current challenges. Being a single parent comes with enormous financial responsibilities, especially when you have no external support system. That’s why it’s important to make the right money moves immediately, whether you’re currently going through a divorce proceeding or lost your partner recently. Here are some things you can do to stabilize your finances as a new single-parent. 

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Little Tricks to Help You Fight Your Way Out of Debt

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LITTLE TRICKS TO HELP YOU FIGHT YOUR WAY OUT OF DEBT

Even the most resilient individuals might find themselves in a terrible financial situation. Unfortunately, lenders are enabling consumers to have loans with them without doing basic financial checks, which makes it much too simple to get oneself into debt in this day and age. The truth is, they are well aware that, irrespective of your financial status, they will ultimately be able to recover the money owing to them since they have the ability to submit missed payments to collection agencies.

Despite your best efforts, it is quite unlikely that you will be able to pay off all of your debt in a single day. When debts start to pile up, it can be hard to deal with them all at once. However, there are some things you can do right away to relieve some of the stress and start the process of paying them off. The following are a few helpful hints to support you in your efforts to get out of debt.

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How to Plan Your Summer Holiday Trip

how to plan your summer holiday

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HOW TO PLAN YOUR SUMMER HOLIDAY TRIP

Now is the best time to start planning for your summer holiday trip; it’s early enough to find suitable places to visit and plan a budget. Wherever you choose to head this year, don’t forget to plan ahead and stay in control of your spending. Planning also helps reduce holiday stresses. 

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The Best Ways to Spend Your Bonus

best ways to spend your bonus

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THE BEST WAYS TO SPEND YOUR BONUS

When we’re seeking a new job, most of us will now factor in benefits packages that include everything from private healthcare to generous holidays and, of course, all-important bonuses. After all, the job market is increasingly competitive, and these things can both help to distinguish the best employers and ensure the happiest financial situations. 

Luckily, most modern employers are aware of this, meaning that bonuses up to an average of £2k are now pretty standard across the job market, while the best employers may even extend those bonus benefits with things like the welcome bonus offers you can expect when considering, say, care home jobs as offered by companies like Agincare careers. All of this is great news for your bank balance. Or at least, it can be if you take the wisest routes when it comes to bonus spending. 

While there is, of course, some merit in using a bonus for treats like vacations instead of your wages themselves, the reality is that there are far wiser ways to make the most of this money, the best of which we’ll consider here. 

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Diversify Your Financial Portfolio – Investing for Millennials

diversify your financial portfolio

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DIVERSIFY YOUR FINANCIAL PORTFOLIO – INVESTING FOR MILLENNIALS

Millennials are the driving force behind today’s changing financial landscape. They are the first generation to grow up with the Internet and access more financial information than ever before. This has created a more questioning and demanding generation. Millennials are more likely to embrace financial services that are more transparent, flexible, and personal.

Let’s look at some of the ways millennials are investing!

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Things to Think About Before Moving House

things to think about before moving house

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THINGS TO THINK ABOUT BEFORE MOVING HOUSE

Moving is an expensive and complex process that we all go through, but it shouldn’t be done on the spur of the moment. Before making the jump, there are various factors to consider, including the obvious such as cutting costs where possible. Some really important things may go overlooked at first, but they may create a problem later on. Your home is a safe refuge where you may make memories and personalise them. You’ll want to double-check that it fits all of your short- and long-term needs.

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Looking for a New Career? Let’s Make it Easy

looking for a new career

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LOOKING FOR A NEW CAREER?  LET’S MAKE IT EASY

Change can be frightening, and it can have a significant impact on your life. A professional shift can be particularly daunting because it has the potential to alter your financial stability, life options, and social standing. It is easy to remain in one’s comfort zone, yet making significant changes during one’s professional life is not unusual these days.

People are changing their careers in greater numbers. The perceived stability of lifetime employment has eroded over the last couple of years, raising expectations as well as discontent with one’s current position. The impulse to switch careers has been increasingly popular in recent years, and it can mean switching sectors, firms, and vocations in search of better prospects and new challenges.

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Ideas to Improve Your Small Business

ideas to improve your small business

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IDEAS TO IMPROVE YOUR SMALL BUSINESS

Whether your small business is a full-time endeavor or a side-hustle, making it more efficient using the best practices is only going to increase your revenue streams and give you more time to enjoy with your family or your hobbies. Read on to improve your small business income.     

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