Diversify, diversify, diversify has long been a Wall Street mantra.
A key strategy called asset allocation helps achieve this investment goal.
A person's hard-earned financial savings are distributed among a variety of investment options, such as bonds, equities and mutual funds.
This approach helps reduce exposure to risk and the chances of a financial meltdown.
How does asset allocation work? Here is a quick list of Web sites with useful details on asset allocation:
How to develop an investment strategy and allocate appropriately.
Tips and insights.
Good overview of asset allocation principles, portfolio development and risks.
Provides good information and examples of how asset allocation works.
Features asset allocation worksheet to set up a target portfolio allocation.
- Compiled by Chuck Myers