Money asset allocation

[daddy's girl]

What's the best advice on money asset allocation?

[TLCjo]

Diversify, and rebalance your portfolio regularly. You should have a financial advisor assist you rather than try to manage it yourself. Also, a few brokers work on commission so the better you account performs the more money they make so they will be looking out for your best interest. Either way make sure they are qualified.Good luck.

[Joel]

Balance your portfolio regularly. Even when one basket yield higher than another, you need to move money away from the higher-yielding basket to balance your portfolio.

If you're in your 20's I'd suggest you put 70% in stocks and 30% in bonds, and rely less on stocks as you age. It depends on what you need though.

[LaLa]

Buy into a target fund that is based on your retirement year. The fund automatically diversifies and rebalances your investment automatically as you move closer and closer to the retirement age. They invest in corp bonds, gov't bonds, large, mid, and small domestic stocks, international stocks, etc. Right now, my target fund is invested approximately in 25% bonds, 15% international stocks, and the other 60% in the total domestic stock market.