Lessons
- Stocks, bonds and cash: the three building blocks Lesson 1, 6 minutes
- Diversification: why one holding is not a portfolio Lesson 2, 6 minutes
- What a benchmark is, and how to pick the right one Lesson 3, 6 minutes
- Sector and theme funds: what they really add Lesson 4, 6 minutes
- How to compare two funds on the facts Lesson 5, 7 minutes
- Rebalancing: why your mix drifts and when to reset it Lesson 6, 7 minutes
Your progress
Finish all 6 lessons and get 2 of 3 right on each quiz to earn the course certificate.0 of 6 lessons passed on this device.
What you learn
- What stocks, bonds and cash each do in a portfolio, and how the mix sets both growth and the worst fall
- What diversification protects against, why weight matters more than the number of holdings, and how to measure overlap
- What an index, an index fund and a benchmark are, and why a fund must be judged against the benchmark that holds what it holds
- What a sector or theme fund adds to a broad fund: more weight in fewer companies, shared names counted by the smaller weight, and bigger swings
- A four-step way to compare two ETFs fairly: what they hold, the same time window, risk next to return, and cost
- Why a mix drifts away from its weights, how rebalancing keeps the risk chosen, and what it costs