Portfolio a alokace
Q1 Review: Set Your Year — Contributions, Allocation, Goals
Key takeaways
- A quarterly review takes less than an hour and is the most important part of investment discipline.
- Rebalancing is not necessary at every deviation — set a tolerance band, typically ±5%.
- An annual contribution target in crown amounts is more concrete and effective than a vague percentage of income.
- The January review serves as your annual plan — what do you want to say to your portfolio at the end of 2028?
A quarterly portfolio review is not administrative drudgery — it is your most important investment ritual, and January gives it more meaning than any other month of the year. You start the year with a clean slate, the previous year's data is complete, and you have space to think without pressure.
Step 1: Get a current overview
Open all your brokerage accounts and write down the total portfolio value in crowns. If you have investments at multiple institutions (broker, DIP, pension fund), add them up into one figure. Compare it with the value on the same date last year — not to evaluate market performance, but to know how much you have contributed and how the portfolio has developed. Instructions for building your first portfolio are in the article How to build your first portfolio.
Step 2: Check your allocation
Compare your actual allocation (equities / bonds / cash / alternatives) against your target. If the actual share differs from the target by more than 5 percentage points, consider rebalancing. Rebalance primarily through new contributions — buy whichever asset class is underweight rather than selling and triggering tax events. Rebalancing by selling makes sense only for large deviations or when a goal is approaching.
Step 3: Set a contribution plan for the year
Set a specific annual contribution amount. Divide it into 12 monthly tranches or quarterly blocks — whichever suits you. Check that a standing order is set up. Remind yourself of the DIP limit for the year and verify that your contribution plan allows you to use it to the maximum.
Step 4: Write down your goals for the year
What do you want to say to your portfolio at the end of 2028? Write three things: your target portfolio value, your planned total contribution for the year, and one "no" — one behaviour you want to avoid this year (typically: selling in reaction to a downturn, buying trendy assets outside your strategy).
- Total portfolio value at the date of the review (all accounts)
- Actual vs. target allocation and any deviation
- Annual contribution target and standing order setup
- Utilisation of the DIP limit
- One specific "no" for 2028
For an overview of available ETFs for different asset classes, visit the ETF Navigator.
FAQ
How often should I carry out a portfolio review?
At least four times a year — at the start of each quarter. The annual January review should be the most thorough, as it closes out the previous year and sets the plan for the new one.
Do I have to rebalance every quarter?
No. Rebalance when the actual allocation exceeds the tolerance band (typically ±5% from the target). In other cases, it is enough to redirect new contributions to the underweight asset class.
What should I do if I don't have a clear picture of all my investments?
Start by listing all accounts and products where you have money — broker, savings account, pension fund, DIP. Adding them up into a single number is the foundation of any meaningful review.