Asset Allocation: Cornerstone Of Investment Strategy

Mohit Verma, a 28-year-old technology entrepreneur, had a successful start-up that generated substantial income. Flush with cash, he decided to invest heavily in high-risk stocks and in futures and options, confident that he would quickly achieve massive returns. He was certain that the markets would continue their upward trajectory. However, a sudden market downturn caught Mohit off-guard, and the stocks he heavily invested in plummeted.