When should you review your investment strategy?

Sometimes, you have to review your investment strategy to make sure that it is still in line with your financial goals. For example, your strategy should change if you come into a significant amount of money such as an inheritance or severance pay. It should also change when you enter into a new phase in the investment cycle. There are three phases:

• Savings: the initial years on the job market, during which time you start building capital.
• Consolidation: professional maturity, when you pay your debts and strive to increase your assets.
• Use: retirement, when you spend the capital you've accumulated