"Building Wealth Made Simple: The Steady Growth Investment Strategy"

Objective: To achieve steady long-term growth with minimal risk exposure.

Asset Allocation:

1. Stocks: Allocate 70% of your portfolio to a diversified mix of low-cost, broad-market index funds or exchange-traded funds (ETFs) that track major stock market indices like the S&P 500 or Total Stock Market.

2. Bonds: Allocate 20% of your portfolio to investment-grade bonds or bond funds to provide stability and income. Consider a mix of government and corporate bonds with varying maturities.

3. Cash: Keep the remaining 10% of your portfolio in cash or cash equivalents such as high-yield savings accounts or short-term Treasury bills to provide liquidity and flexibility.

Rebalancing: Regularly review and rebalance your portfolio annually or semi-annually to maintain the target asset allocation. Rebalancing involves selling assets that have performed well and buying more of those that have underperformed to bring the portfolio back to its original allocation.

Diversification: Ensure diversification within each asset class to mitigate risk. For stocks, diversify across different sectors and industries. For bonds, diversify across various issuers and bond types.

Long-Term Perspective: Stay focused on long-term goals and avoid making impulsive decisions based on short-term market fluctuations. Adopt a buy-and-hold mentality, allowing your investments to grow over time.

Automatic Investing: Consider setting up automatic contributions to your investment accounts to take advantage of dollar-cost averaging. This involves investing a fixed amount regularly, regardless of market conditions, which can help smooth out market volatility.

Regular Monitoring: While this strategy is designed for simplicity, it's important to regularly monitor your investments and adjust your strategy as needed based on changes in your financial situation, risk tolerance, and market conditions.