PersonalFinanceLab: How to Build a Portfolio

In this animated video, we'll explore the importance of understanding your investment horizon and risk tolerance when building a portfolio. We'll discuss how to use these factors to create an investment strategy that's tailored to your individual needs and goals. What You Will Learn: • How to identify your investment horizon and risk tolerance. • How to use your investment horizon and risk tolerance to create an investment strategy. • The difference between diversification and industry-specific investing. • Examples of how to apply these concepts to real-life scenarios.