How to Build an Investment Portfolio for the Next Decade

Building a portfolio that generates reliable returns and survives market downturns over the next ten years presents a complex challenge for modern investors, as earning on a rising market contrasts sharply with constructing a portfolio that will eventually sustain an individual through bad years. Addressing this issue, Hospodářské noviny hosted its annual FIRE investment conference on October 7, 2026, at Hall 13 in the Holešoviche Market in Prague, as archiv.hn.cz reported. The event brought together financial experts and private investors to debate the mechanics of asset allocation, contrasting different strategies for wealth accumulation and retirement income.

Opening the conference sessions, analysts Anna Píchová, Petr Žabža, and Michael Almásy presented model portfolios designed for the upcoming decade, examining where to source returns and manage associated risks, according to the program details published by investice.hn.cz. The discussions focused on how public and private markets, bonds, and cash function within diverse wealth brackets, following registration and welcome coffee held from 09:30 to 10:00. Archiv.hn.cz noted that the debates highlighted how identical investments serve entirely different purposes depending on whether an individual is actively building wealth or already drawing an income from it, while David Busta and Martin Petříček guided attendees through the day’s events, which also provided space for meetings with speakers and fellow investors.

The conference program shifted to physical and digital assets, examining whether investors should acquire residential properties or begin divesting. Panelists Lukáš Nádvorník, Jindřich Pokora, Dan Hamerník, and Tomáš Tyl analyzed market concentration, the heavy weighting of United States indices and major technology companies, currency risk, and the limits of relying solely on global exchange-traded funds (ETFs). Additionally, a dedicated session investigated asset tokenization to determine whether blockchain applications for shares, bonds, and funds genuinely reduce costs and accelerate settlement or simply serve as a new technological packaging.

Moving from accumulation to preservation, Tibor Nyitray opened his personal portfolio during the 14:30 to 15:05 session to conference attendees to demonstrate how growth assets, income generators, stabilization components, liquid reserves, and alternative investments interact in practice, as detailed by investice.hn.cz. His allocation was evaluated against simpler ETF-based strategies. Expanding the scale of wealth, Jan Kohout and Jan Marvan examined how large portfolios holding hundreds of millions or billions of crowns operate, outlining practical contingency plans for Czech families that span bank and broker diversification, holding structures, and foreign residencies.