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What should you do to make your portfolio effective when you approach a client?
If the portfolio is for a specific client, it is important to learn about the client beforehand. You should ____your portfolio to suit each specific situation.

Sagot :

Answer:

You should customize your portfolio to suit each specific situation

Explanation:

The lesson says the answer.

If the portfolio is for a specific client, it is important to learn about the client beforehand and customize the portfolio to suit each specific situation.

What is the significance of a portfolio?

A portfolio of an individual can be referred to or considered as an account that holds all the asset classes in the name of such individual. A portfolio is made by investments in different class of assets, which may include stocks, funds, commodities, deposits, etc.

A portfolio manager shall be able to customize the portfolio as per the requirements, risk-appetite, investment class, and amount to be invested by an individual. This does not ensure returns over such investment, but increases the chances of gaining the desired returns.

Therefore, the significance of a portfolio has been aforementioned.

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