Mutual Funds Asset Allocation

Meg Richards, AP Business Writer, provides tips and insights from investment professionals on mutual funds asset allocation in this AP article from the Star Tribune. She warns that "...sometimes people confuse the idea of diversity with owning many different funds, and they wind up with a hodgepodge of investments that don't perform in harmony with one another." Interviewed in the article, Robert R. Johnson, managing director of the CFA program division at the CFA Institute, a nonprofit group that certifies financial analysts, said "...asset allocation "is the second-most important decision investors make," adding "the most important decision is to invest in the first place.''

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(May '04-Jun '05)