Page 54 - Ekonomija i Biznis_May 2016.indd

FINANCE

PERSONAL FINANCE
MANAGEMENT

(photo: http://stephenjanaway.co.uk/)

Part five:

implementation
of the portfolio
strategy

Once we determined the personal port- able for investments. Here there are countless pos-
folio strategy, the next step compris- sible combinations, and we should be led by the set
es of its implementation. Here is it a goals in terms of the contribution and the risk, as
matter of many activities that are be- well as from the existing limitations. We will indi-
ing continuously realized, as well as cate only few basic directions that should be con-
many factors that one should have in mind con- sidered only as examples because the formation of
stantly. the specific combination for each specific person
depends on its individual characteristics and cir-
Selection of the investments. On the basis of our cumstances.
individual characteristics and the familiarization
with the diverse opportunities to invest, we should 1. A small amount of available funds, a possible
choose an optimal allocation of the assets avail- need of liquidity, short time horizon. In such situ-

54 May 2016