3 easy ways to reduce your ASX share portfolio’s volatility right now
If you have a very volatile share portfolio, it can be an emotional rollercoaster. Of course, some people love the thrill of rollercoasters – but the rest of us don’t want to feel that sense of anxious apprehension every time we check our share portfolios. We just want nice, slow, dependable wealth accumulation. Nothing fancy, just a few extra dollars in our pocket each week will do it.
Luckily for us, there are many quick and easy ways to reduce the volatility of our share portfolios. In this article, I take a look at three options: diversification, defensive shares, and dollar-cost averaging.
1. Diversification
One of the quickest and easiest ways to reduce your portfolio’s volatility is to diversify your…
