This level of diversification protects you from sudden drops in any given asset class and prepares your investments for any economic environment. (stashaway.sg)
Asset allocation refers to how much of any given asset class you have in your portfolio. (abcsofinvesting.net)
Studies of historical 15 - year periods show that index funds usually outperform about 90 % of all actively manage funds in any given asset class. (paulmerriman.com)