Question: Pari, a financial advisor, emphasizes to his clients the importance of asset allocation in successful investing. Which of the following is correct regarding asset allocation?
Pari, a financial advisor, emphasizes to his clients the importance of asset allocation in successful investing. Which of the following is correct regarding
asset allocation?
It is akin to "putting all of your eggs in one basket."
It is the process of spreading money among several different types of investments to lessen risk.
It is an investment alternative to diversification.
It is a form of investment consolidation.
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