Asset allocation is the foundational layer for investing, and many starter investors ill-advisedly overlook it. They want to buy stocks and buy them quickly, and they don't give nearly enough thought to their mix of investments. Skip the asset allocation piece and dive into investing, and you might land up with the Leaning Tower of Pisa! Get asset allocation right, and you will be building your investments in a structured and balanced way, one which will likely stand the test of time. Asset allocation should ideally be committed percentages of the total, split across investment types (e.g., shares, commodities, property, bonds, crypto, etc.) across geographies and industries.
