Asset allocation: The art of making your money play nice

Something mildly tragic happened at a party a few weeks ago that I hope can adequately explain why asset allocation matters. It was my friend's birthday and she invited over 25 people to her house to celebrate. It was a big deal for her. After weeks of planning, everything was set - a beautiful new dress from her favourite brand, heels almost as tall and costly as Burj Khalifa, and makeup so flawless it was blinding.

This article was originally published on March 10, 2025.