In by Kristia van Heerden

In the world of finance, a “portfolio” is a term to describe all the assets you own. It includes shares, cash, bonds, physical property, your retirement savings, your tax-free savings and any other financial instruments you might hold. It excludes insurance products like life insurance. Your overall portfolio can be made up of a number of portfolios held at different providers. For example, your RA provider might talk about your portfolio, but they’re only referring to the money you have with them, not all your money.