I can’t figure out what my asset allocation (AA) should be.
This is supposed to be one of the most important decisions an investor can make.
I understand need should set the min % equities. Ability should set the max % equities. And willingness dials you within this range of min-max. But how does one even define the range?
I’ve taken numerous surveys that the brokerages set up to guide it. They put me anywhere from 50/50 to 90/10, which is too big a range to be of any help. But more importantly, the questions don’t seem very relevant to my situation. So garbage in=garbage out.
Is there a set of quantifiable metrics that one can use for evaluating need, ability, and willingness?
Tacos in advance!
This is supposed to be one of the most important decisions an investor can make.
I understand need should set the min % equities. Ability should set the max % equities. And willingness dials you within this range of min-max. But how does one even define the range?
I’ve taken numerous surveys that the brokerages set up to guide it. They put me anywhere from 50/50 to 90/10, which is too big a range to be of any help. But more importantly, the questions don’t seem very relevant to my situation. So garbage in=garbage out.
Is there a set of quantifiable metrics that one can use for evaluating need, ability, and willingness?
Tacos in advance!
Statistics: Posted by WhitePuma — Wed Aug 07, 2024 8:50 pm — Replies 7 — Views 434
