What is Asset Allocation?
When it comes to investing, you might hear “don’t put all your eggs in one basket.” As a five-year-old during Easter, that would be confusing, but most metaphors would.
Ok, so what do eggs, baskets – and what is asset allocation – have to do with investing?
Think of those eggs as your money and the baskets are the various asset classes you can choose to invest that money in. Deciding how many eggs — or dollars — goe