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Username: PrettyWoman

Rating:
Guru Stars

Asked to: Goro Yang

Date Created: 18 Dec 2017
Category 28
Tag Financial
Question What is 'Asset Allocation'?
Advice from Guru
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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