Importance of Asset Allocation

 Well-qualified, time-tested research has shown that the bulk of investment success can be attributed to expert asset allocation. The other 10% or so is due to security selection and market luck.

It may be hard to believe from the constant media chatter and ads from touting advisers in the financial community. But independent research is your confirmation.

                       

This is a major blow to those who claim they can constantly outsmart each other by artful securities selection and market timing. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)