Question

What is the term for when someone invests in a variety of places to reduce the overall risk of investing?


asset classes


asset speculation


asset allocation


asset bond
GPT-4o mini
The term you are looking for is **asset allocation**. Asset allocation refers to the strategy of dividing an investment portfolio among different asset categories, such as stocks, bonds, real estate, and cash, to reduce overall risk and improve returns.

Related Questions

To prepare for retirement, Chris invests $15,000 with a simple interest rate of 4.8%. Find the final... What was the purpose of the Clean Air Act of the 1970s? (1 point) Responses to reduce smoking i... What was the purpose of the Clean Air Act of the 1970s? (1 point) Responses to reduce smoking i... What was the purpose of the Clean Air Act of the 1970s? (1 point) Responses to reduce smoking i...