For operational thought profitability while contacts well and risk, and need the ideas of “portfolio management”. Portfolio is coming increasingly started recently used in the meaning of “combination of various types of property” is originally that of folders or 折りカバン.

In other words, it portfolio management refers to management how to reduce the total risk conscious continuously to balancing investment.

And hear the risk, immediately Association named “drops the principal crack” may it worked, actually various risk exists in money management. Principal, drops cracking ascribed to something called price fluctuation risks in the risk that the anyone’s eyes, the most obvious is often assumed and the representative of the risk, the degree of risk of default risks and inflation risks are really.

And other interest rate fluctuation risks and liquidity risks ‘currency risk’ Please know how risk is, what risks are not financial instruments are not present. That also is carrying a big risk can continue depositing only low yields of products in the current extremely low interest rates situation cannot reach the goals that must be 気付かねば.

It is not, live, especially peace deferred principal > > interest rate decrease for retired households ate to interest income, it could lead.

Financial instruments of the “don’t become after the conclusion of a good product or bad product or not (quality = products purchased at the judging very difficult)” that have so far. It is this is the background of “any financial product risk exists”.

And makes advances to think yourself, meaningful diversification is an important reason to be here.

Just don’t be careful, in “product named different pieces have only” is dumb and diversification. To do meaningful （ can reduce the risk of various ） distributed investment, is needed there is combinations like can reduce risks with products with other products.

As is true of “many of you have most to worry about price risk”. It is for example the need to buy foreign bonds to stock even if no stock Japan seems borrowed to invest all funds of Japan co., Ltd. is, dare and Japan shares with such a device.

Don’t forget that danger of “substantial sums of both” means both “lucrative”. Conscious in such meaningful diversification and portfolio management is ongoing.

Often used as a 3 element representing a character of the instruments, the “liquidity （ cash ）” “Almighty products to meet this three elements at the same time, there is a”safety”and” profitability”in one of the products does not exist. Also, why is there are many financial instruments.

But steady property formation of nervous portfolio management mentality acquired future-while taking great balance of three elements, to enable. Even now, savings balance was zero, but is it will rather dream never puts 50 million yen required for “rich old age” in 20-30 years of self-help efforts to provide.