Asset Allocation Explained: How To Position Your Portfolio
Asset Allocation Explained: How To Position Your Portfolio
On the 60th episode of the Retirement Explained show, we’re discussing asset allocation and how you should be approaching different investment categories (like Large-Cap, Mid-Cap, etc).
What is Asset Allocation?
Asset allocation is simpler than it sounds; it’s basically just how you divide your investments up. Imagine you’ve got a pie divided into 8 pieces but they’re not all from the same pie: two pieces are Grandma Rasmussen’s world famous Dutch Apple, three pieces are Pumpkin Pie, two Pecan slices, and one Blueberry slice. It’s similar with how you’re IRA (or other investment account) is divided up!
-Brian