Hong Kong, Dec. 28 -- Inculcating a habit of saving, investing, and planning money matters and fiscal responsibility has always been important, but 2020 has made us realise this like never before. Juzer Gabajiwala, director, Ventura Securities, shares some financial discipline lessons to adopt from the COVID-19 pandemic that can mitigate the impact of economic uncertainty.

Lesson 1: Asset allocation is important

The saying goes, "Don't put all your eggs in one basket," and this applies to investments too. It suggests you should not put all your investments in one particular asset. No one could envisage that pharma funds, which were facing a slack period since 2015, would generate over 50% returns because of the pandemic. So, it is impor...