By Leanna Kelly Looking at your investment portfolio, you may notice a breakdown of all the different types of assets you invest in. This is your asset allocation. It’s the practice of dividing investments among different asset classes, such as bonds and stocks, to balance risk and reward according to personal investment needs. It’s important not only to understand your asset allocation, but to manage it.
Strategic asset allocation is the key to setting and maintaining risk tolerance in your portfolio. It’s also the best way to ensure you’re investing in assets that you understand and believe in. For most people, asset allocation …read more
