Asset allocation of an investment portfolio is important to wealth creation as it reduces volatility of investment performances and helps achieve a more certain rate of return over long period of time. (freefrombroke.com)
You can also allocate your money into certificates of deposit, which are financial products that give you a certain rate of return if you keep your money in them for a certain period of time (called a fixed term). (wisestockbuyer.com)
The specific balance of stocks and bonds in a given portfolio is designed to create a specific risk - reward ratio that offers the opportunity to achieve a certain rate of return on your investment in exchange for your willingness to accept a certain amount of risk. (investopedia.com)