@moolahwithmike: Asset allocation is how you divide your money across different assets like stocks, bonds, real estate, and crypto. Portfolio allocation is how you divide your money within each asset class. For example, my portfolio allocation for stocks is currently 60% index funds and 40% individual stocks. There’s no right or wrong allocation what matters is being intentional about what you invest in. As you get older, it’s common to diversify your assets and portfolio to take on less risk. #PersonalFinance #money #investing #investments #financialliteracy