In a way we're all in your situation, i.e., you have the same general financial goals we all have: to have enough money for shot-term needs/emergencies, and for when you retire. An asset allocation can reflect and guide you to those goals based on your ability, willingness (risk tolerance), and need to take risk. This is explained in the wiki's "Asset allocation" and "Risk tolerance" pages, and several books, including one especially helpful to me, All About Asset Allocation, 2nd ed., by BH pro Rick Ferri.Thank you all — it may not seem like it, but not having financial goals yet and wanting to invest is a real headache... I even considered not investing anything at all, but I know too much to just let my money sit idle, and at the same time too little to understand how to organize my asset allocation. I'm sure there's more people in my situation. ...
Just to add, you may discover you have more specific financial goals as you begin work on an AA and learn how it can address those goals.
Statistics: Posted by Fallible — Fri Nov 07, 2025 9:58 pm — Replies 22 — Views 2114