Craig A. Johnson, Wealth Management Expert

Craig Allen Johnson of Victoria, Minnesota, believes that when diversifying your portfolio it is crucially important to review whichever holdings you have on a regular basis to ensure they still match the wider objectives that you initially set yourself. “If you are a younger investor, the chances are that you will have very specific investment targets. Purchasing property is a typical investment – and one that is again proving popular after the recent slump in the real estate markets. Older investors, however, more often than not aim for constructing as big a pension as fund as possible, or to bring the date of their retirement forward,” opines Craig A. Johnson.
 

Re balancing your portfolio is an absolute 'must', cautions Craig A. Johnson. “Over the last couple of years it is obvious that certain of your investments will have performed far better than others you hold. Naturally, this will alter the shape of your portfolio. This might well entail some danger that some of your sectors will have become disproportionately large in comparison with others. Re balancing essentially means taking out the profits from the more successful sectors and reinvesting in areas that could be offering better value at the current moment in time,” he continues. “Although this is not always easy to readily see, keeping a constant eye on your portfolio – and seeking advice from an expert or mentor – should help you over time to develop a sort of sixth sense as to when to streamline your investments and assets.”
 

Craig Allen Johnson, Wealth Management Expert, also believes it of vital importance to try to keep the performance of your investments in perspective. “The length of time every investor has until he or she actually needs the money from the investments is always inversely proportional to the amount of time you ought to spend focusing on their performance, and this will curtail the time you should be spending on monitoring your risk level. And this is of crucial importance if you are trying to expand your portfolio to meet a specific goal. Consistently making smaller investments makes a huge difference to the diversity of your portfolio,”  explains Craig Allen Johnson.
 

Craig A. Johnson is also the author of several books in the Long Mire book series, and also founded the AE TV Business Improvement Administrator. This system comprehensively provides guidance and tips to companies looking to generate maximum income from their investments. He has shared many videos, blogs, and articles relating to wealth management.