Are you familiar with the phrase "never put all your eggs in one basket?" I bet you are. That's the simplest definition of asset allocation.In financial terms, asset allocation is an investment strategy that aims at balancing your portfolio's risk
One rule of smart investing is diversifying your investment portfolio. Portfolio diversification involves investing your money in different assets to reduce the overall risk. Instead of investing in stocks for one company, for example, you can buy stocks of companies
It's never easy when it comes to making investment decisions. While sometimes we wake up and decide to buy a particular asset class - I have done so on a few occasions- it usually doesn't work out well in the