The pandemic highlighted the importance of having a diversified portfolio. Even though the long investment sentiment continues to remain positive, recurring adverse events can have a significant impact on your portfolio and your ability to meet future goals. A goal-based diversified set of investments across asset classes minimizes the impact of market volatility and helps to preserve your capital investment. It also gives you the flexibility to shuffle between investments to optimize your returns by taking advantage of market movements. You can take this opportunity to rejig your investments based on your goals, timeline, risk appetite and tax considerations