How should I go about with my portfolio allocation?

No fixed answer for this. But as a general guideline:

1. Don't have more equity holdings than you can comfortably monitor. I target less than 15% per counter in my equity portfolio, no matter how confident I am on a share.
2. Any speculative positions should be something that you can recover in a year if all goes wrong
3. Don't over leverage (specifically referring to property investments here; know your limits and test the worst case scenario)

As to how many % into each asset class, there's really no right or wrong answer. Some people swear by property investments. Others, by equities and bonds.

Hi!

Asset allocation is a subjective topic and will be impacted by various factors including age, income, goals, risk appetite etc.
As per myself, I prefer a 60% allocation to stocks, wherein I restrict myself to not more than 10% in a particular scrip to keep myself well diversified. I also restrict myself to 20% in a particular sector so that I can have a market proof portfolio.

From the remaining 40%, I keep 15% for emergency “rainy day” funds in a savings bank account. Another 15% is allocated to my insurance needs and the last 10% is used to exploit upcoming investment opportunities like robo-advisors, cryptocurrencies, REITs ets.
You can adjust the above percentages based on personal preference and risk taking capacity.

I work at kristal.AI, and it's my passion to evaluate various upcoming investment opportunities.