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This is Patrick Munro, Financial Adviser, talking about what is investment mix. Basically
there are various terms that are used out in the world of investing and it's almost
like a mix or a recipe. There are terms such as "growth", there are terms such as "income",
there are terms such as "income and growth", and various terms such as this that reflect
on what you want your money to do. The investment mix, of course, is involved in the type of
asset and asset allocation that you'll be going for, and you have to look at what type
of industry sector you'll be investing in. An investment mix is never complete unless
you have risk management involved as well. If you're going to be placing money into an
investment and investing in a strategy to grow your money, you'll want to make sure
that there is a certain degree of safety in the investment mix. And that is very important
because if you lose your principle there won't be any strategies to consider going forward.
This is Patrick Munro talking about the benefits of investment mix.