A retirement account is an example of an investment asset.
Asset allocation is the process of distributing a portfolio of investments among several asset classes, such as stocks, bonds, and cash. Selecting the asset mix for your portfolio is a very individualized procedure.
Your time horizon and level of risk tolerance will play a significant role in determining the asset allocation that is ideal for you at any given stage in your life.
Investment assets are material or intangible possessions acquired for the purpose of generating more income or held for speculation in the hope of a rise in value in the future.
Mutual funds, stocks, bonds, real estate, and retirement savings accounts like 401(k)s and IRAs are a few examples of investment assets.
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