The ________ decision should take precedence over the ________ decision.
A) asset allocation; stock selection
B) bond selection; mutual fund selection
C) stock selection; asset allocation
D) stock selection; mutual fund selection

Question

Quizplus · Accepted Answer

Asset allocation is a key determinant of a portfolio's overall risk and return, often more so than the selection of individual securities (such as stocks or bonds).

The ________ Decision Should Take Precedence Over the ________ Decision

The Decision Should Take Precedence Over the Decision