Diversify, diversify, diversify has long been a Wall Street mantra.

A key strategy called asset allocation helps achieve this investment goal. A person’s hard earned financial savings are distributed among a variety of investment options, such as bonds, equities and mutual funds. This approach helps reduce exposure to risk and the chances of a financial meltdown.

Here is a quick list of sites with useful details on asset allocation:

• Bankrate.com

www.bankrate.com/brm
/news/dollardiva/20000615a.asp

The site explains how to develop an investment strategy and allocate appropriately.

• Invest1to1.com

www.invest1to1.com/invest1to1/
planning/allocation/rebalancing.html

It has an article with asset allocation tips and insights.

• InvestorGuide.com

www.investorguide.com/iguinvestportfolio.html

The site provides a good overview of asset allocation principles, portfolio development and risks.