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Asset Allocation & Diversification for Investors



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If you're an investor, make retirement your first investment account, stresses Carrie Schwab-Pomerantz of Charles Schwab. She points out a 401 (K) match from your employer is "free money". Next, she says an emergency fund of three to six months of cash to cover things such as food and rent. Paying down credit card debt is also important, she adds. She says to build a diversified portfolio of broad-based ETFs. Carrie adds to not be afraid to ask for help. She delves into how to set up a diversified portfolio.

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