Asset allocation is more than diversification. It means dividing up your money among different classes, or types, of investments (such as stocks, bon… - Tony Robbins
" "Asset allocation is more than diversification. It means dividing up your money among different classes, or types, of investments (such as stocks, bonds, commodities, or real estate) and in specific proportions that you decide in advance, according to your goals or needs, risk tolerance, and stage of life.
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About Tony Robbins
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
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Also Known As
Birth Name:
Anthony J. Mahavoric
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Anthony Jay Robbins
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Additional quotes by Tony Robbins
"So tell me, Ray, what are the percentages you would put in stocks? What percentage in gold? and so on."...
"First, he said, we need 30% in stocks (for instance, the S&P 500 or other indexes for further diversification in this basket)...
"Then you need long-term government bonds. Fifteen percent in intermediate term [seven- to ten-year Treasuries] and forty percent in long-term bonds [20- to 25-year Treasuries]."...
He rounded out the portfolio with 7.5% in gold and 7.5% in commodities...
Lastly, the portfolio must be rebalanced. Meaning, when one segment does well, you must sell a portion and reallocate back to the original allocation. This should be done at least annually, and, if done properly, can actually increase tax efficiency. p390"
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