Once one's asset allocation plan is developed and securities are selected,these decisions do not have to be made again until there is a major life change.

Question

Quizplus · Accepted Answer

While an asset allocation plan and specific securities can provide a solid foundation for a long-term investment strategy, it is important to regularly review and adjust the portfolio to ensure it remains in line with the investor's goals and risk tolerance. Additionally, changes in the market or individual securities may also warrant a reassessment of the portfolio.

Once One's Asset Allocation Plan Is Developed and Securities Are