April 16, 2011, 4:54 a.m.
posted by handcore
Some people consider investing a hobby. However, most of us don't save and invest for the heck of it. We participate in these activities because we have goals that require money: retirement, college education, a home, a business, and recreation. As we save and invest, we build a portfolio, or two, or three, for our different goals. Portfolio management is the work you do to ensure that your portfolios are sufficient to fund your financial goals.