Modern Portfolio Theory Articles

Asset Allocation for Freelancers With Uneven Income

Start here: keep money you may need in the near term separate, and invest only money that can stay invested. Your portfolio should serve long-term goals, not compete with short-term needs. That is the job of [asset allocation](https://www.investor.gov/additional-resources/general-resources/publications-research/info-sheets/beginners-guide-asset): set target percentages across major asset classes like stocks, bonds, and cash, then maintain that mix with rebalancing from time to time instead of reacting to headlines.