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What is the difference between asset allocation and diversification?
A) Diversification is much more important than asset allocation in an investment strategy.
B) Asset allocation and diversification are the same.
C) Asset allocation is about risk and diversification is about reward.
D) Asset allocation is the types of investments you choose, diversification is how you spread your investments within each investment type.

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OlanmaE

The difference between Asset allocation and diversification is that Asset allocation is the type of investments you choose, while diversification is how you spread your investments within each investment type.

What is an Asset?

An asset is any resource that is fully owned and managed by an individual or a business entity. These assets are used to positively influence the economic situation of that individual or business entity.

While an asset is any physical resource owned by an individual or business entity, diversification involves investing these assets into different businesses.

Learn more about Asset here:

https://brainly.com/question/24534918

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