Username: PrettyWoman Rating: Asked to: Goro Yang Date Created: 18 Dec 2017 |
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Category | 28 |
Tag | Financial |
Question | What is 'Asset Allocation'? |
Hi PrettyWoman, Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance and investment horizon. The three main asset classes - equities, fixed-income, and cash and equivalents - have different levels of risk and return, so each will behave differently over time. |
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