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Finance Flash Go! Episode #23: Setting Up Your Asset Allocation

This episode of the Finance Flash Go! podcast will help you to set your own asset allocation!

Listen to the full episode and subscribe here!

Step #1 before you actually invest your money is determining your asset allocation.

Step #1 is where most people get hung up.

There are so many different asset allocations and we can get so worried about picking the right one. But the trick is to realize that there are no right asset allocations. There are also few wrong asset allocations.

The important thing is that you pick one and stick with it.

Where do I start?

Asset allocation

Let’s figure out one possible asset allocation right now. First, what percentage of stocks and bonds?

A good starting point is your age (rounded to nearest 10) for your bond percentage. I’m 32 so that would mean 30% bonds.

Now, think if you would like to be more or less aggressive. The further into the future that you are planning to need your money, the more aggressive you may generally be.

If you’re more aggressive, do less bonds. Less aggressive? Do more bonds.

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Finance Flash Go! Episode #44: Understanding Growth vs. Value Stock

I really hope that you all enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected].

And please subscribe and give us a 5-star rating if you enjoy the podcast! It helps us continue our mission of helping all of us to achieve financial well-being!

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    Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year and how you can do the same! Feel free to send Jordan a message at [email protected].

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