Having a well planned portfolio is essential for any investor, as the famed fund manager Alan Walton once said, planning is bringing the future into the present so that you can do something about it. And by doing something about it, you can always strategize your portfolio. Investors like yourself can broadly classify reads in accordance to your portfolio strategy, namely classifying them into staple, supportive and speculative categories. In the staple category, for example, are large established reads that can be relied upon for their stable consistent returns, they should form the foundation of your portfolio reads that fit into this category on the top of my mind will be big established healthcare and retail rates. addition, the dividends received from these staple reads can be deployed to take advantage of any investment opportunities that may present themselves in the market. Next would be the supportive category, which consists of medium size reads.

These are the reads with higher growth potential than the stable ones and promises to deliver decent capital appreciation and higher distributions due to their future expansion plans. Lastly, we come to the speculative category. Inside this category, they can be reads that you might not be familiar with but want to gain competence in they might also be reset or small in size, reset hole two to three buildings in their asset portfolio or the ones that are newly listed in the market. These are Reed's that hold the potential for the biggest gains and there are a lot riskier than their counterparts in both stable and supportive categories. When it comes to speculative reads, you need to have patience, giving the management time to execute their growth plans as well as monitor the growth process closely. Over here, you can observe the different types of portfolio strategies that read investors usually construct.

Keep in mind that there's no definitive right or wrong answer. When it comes to how you should structure your portfolio much depends on your risk appetite and financial goals. In conclusion, what I have provided in this lecture is merely a framework that you can use to build your portfolio and diversify your reads holdings. Speaking of diversification, in my opinion, the ideal number of reads to hold is between five to 12. The logic here is this. The more reads you hold, the more time you need to monitor and manage their risks.

However, If you feel that holding 12 rates is not diversified enough, my suggestion to you is to go for a read exchange traded fund Instead, it is cheaper and easier to manage. With that being said, Here are the recap points we have gone through thus far. In step D. We talked about the three important risks related to read investments. We learned how to manage these risks using various techniques. And in this lecture, we went into how you can plan and structure your portfolio and that sums up step D. In the next lecture, I will conclude the entire course and give you a final tip. Thank you for your attention.