When investing in your company's retirement savings plan, you choose a mix of foreign and domestic stocks, bonds, and mutual funds. This mix of stocks helps to lessen your risk. Which factor did you use to select your investments?

Question

Quizplus · Accepted Answer

Asset allocation goals involve spreading investments across various asset classes (like stocks, bonds, and mutual funds) to manage risk and achieve a diversified portfolio.

When Investing in Your Company's Retirement Savings Plan, You Choose