INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-Asset allocation is another term for [selecting the stocks you want to buy | deciding what percentage of your investment you want in stocks].

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-Asset allocation is another term for [selecting the stocks you want to buy | deciding what percentage of your investment you want in stocks].

Quizplus · Accepted Answer

Asset allocation refers to the process of deciding how much of your investment you want to allocate to different asset classes such as stocks, bonds, cash, and alternative investments. It is not the same as selecting individual stocks.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which