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.

Respuesta :

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

What is an asset?

This refers to the commodity that a person owns which generates money over a period of time.

Asset allocation refers to percentage of stocks and cash in your portfolio whereas diversification involves spreading your assets across asset classes within the chosen investment.

Learn more about assets here: https://brainly.com/question/27972503

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