Portfolio
The complete collection of investments you hold across all your accounts.
Your portfolio is everything you own as investments — stocks, bonds, funds, cash, and sometimes real estate or alternatives — viewed as a whole across every account. Thinking at the portfolio level, rather than account by account, is what lets you manage overall risk, diversification, and tax efficiency coherently.
Two ideas flow from the portfolio view: asset allocation (the overall mix) and asset location (which investments sit in taxable versus tax-sheltered accounts for tax efficiency). A well-constructed portfolio matches its risk to your goals and timeline rather than chasing individual winners.
This definition is general information to help you understand a term, not financial, tax, or legal advice. Figures that change year to year (limits, thresholds, rates) should be confirmed against current official sources. For guidance on your situation, a licensed fee-only fiduciary is the right next step.