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Stage Ten
Building Your First Portfolio
Playbook
Stage 10 · Act 4

Building Your First Portfolio.

The act where you stop thinking about individual instruments and start assembling. Allocation, lazy portfolios, drift, rebalancing, goals. Eight lessons that turn knowledge into a real portfolio you can hold for decades. Capstone is your signed allocation.

Lessons
8
Coins available
192
Badge
Portfolio-Builder

Table of contents

Eight lessons. Ends with your signed portfolio.
  1. 01

    What a Portfolio Actually Is

    Not a single fund. The mix across asset classes is the whole game.

  2. 02

    Lazy Portfolios That Actually Work

    Three or four pre-built recipes that beat 95% of active investors.

  3. 03

    Your Mix Won't Stay Put

    Markets move at different speeds. Your allocation drifts whether you watch it or not.

  4. 04

    Rebalancing — When and How

    Annual is plenty. Quarterly is overkill. Never is dangerous.

  5. 05

    Goal-Based Investing

    Backwards from the goal: what monthly amount actually gets you there?

  6. 06

    Your First Real Allocation

    Build for your actual horizon and tolerance — not for someone else's profile.

  7. 07

    Rebalancing Truths and Myths

    The folklore is mostly wrong. Here's what's actually true.

  8. 08

    Your Portfolio (Capstone)

    Build it. Sign it. Re-check once a year.

    Capstone
Ready?

Start by building your first allocation.

Four minutes. You'll leave knowing what 60/40 actually means and why it might or might not be right for you.

Start Lesson 1 →

Key terms

Plain-English definitions for every concept in this stage.