Asset allocation is the process of allocating money across financial assets, such as stocks, bonds, and mutual funds, with the objective of eliminating risk altogether.

Name: Asset allocation is the process of allocating money across financial assets, such as stocks, bonds, and mutual funds, with the objective of eliminating risk altogether.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Asset allocation aims to balance risk and reward by distributing investments among different financial assets, but it does not eliminate risk altogether.

Asset Allocation Is the Process of Allocating Money Across Financial