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ESTABLISHING an investment portfolio may seem to be daunting for some, but adopting a systematic approach can simplify the process. Investing is dynamic and every investment portfolio should be tailored to oneâs unique situation. In this article, we outline the steps to help you structure a portfolio that best suits your needs. Step 1: Determine the goal of your portfolio The first step is to set your overall objective. You should have a clear idea of why you are investing and what you expect your portfolio to achieve. Common objectives include capital appreciation, income generation, principal protection or a combination thereof. Whether you would like to earn a stream of income, or to build savings for a rainy day, setting the goal of your portfolio is critical since it lays the groundwork that dictates the strategic direction of your investments. It is also important to develop a cash flow plan, where you itemise incoming and outgoing cash flows. You can then bette ....