The reason it's so important to
create proper asset allocations, is that it enables you to build «firewalls» between your assets, that will prevent you from being overly invested in any one investment asset, sector, or security.
If you want to understand the technical details of
creating a proper asset allocation, I recommend that you pick up this book.
Creating a proper asset allocation is the first, best step toward becoming a successful investor.
Not exact matches
My advice comes from my own framework I've
created about the
proper asset allocation of stocks and bonds by age.