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
asset classes
asset speculation
asset allocation
asset bond
Answers
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Answered by
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.
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