Top 10 Investment Portfolio Strategies for Building Wealth

Do you have a clear plan for your investments? If not, this guide is for you. We'll explore ten investment portfolio strategies that could be better than what you're using now. This list isn't based on strict science; it's my personal take from what I've read and observed. Let's dive in!

The Simplest Approach: One Fund Total Market Strategy

The "Set It and Forget It" Philosophy

One of the simplest strategies comes from authors like Joel Greenblatt. He suggests that during your wealth-building years, you only need one fund. This fund should represent the entire US stock market. Imagine putting 100% of your money into a single fund that tracks nearly 4,000 US companies. It's incredibly straightforward.

• Key Figures/References: Joel Greenblatt, "The Simple Path to Wealth."

• Actionable Tip: The beauty here is the lack of complex choices. You make one decision and you're done.