Go to Jeff Salisbury LWGate Home Page.From: David Martin <dmartin@hc.ti.com>
Subject: Asset Allocation
Date: Mon, 12 Oct 1998 12:48:04 -0500
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Some people have asked why they should use asset allocation rather than put all of their assets into the best performing asset. One answer to this is that asset allocation refers to your entire set of assets, including your short term investments, such as money for a downpayment on a house, or an emergency fund. Since you should have a very low risk tolerance for these investments, they should be placed in a low risk investment such as a money market fund. Over the long term, this will not have as high a return as other investments, but it is a safer investment, which is the chief concern for short term money. -David Martin - -
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