Aggressive: If you're comfortable with higher risk and volatility for the potential of higher returns, you might allocate a larger portion of your portfolio to stocks and real estate.

Moderate: If you prefer a balance between risk and return, you might choose a mix of stocks, bonds, and real estate.

Conservative: If you have a low risk tolerance and prioritise capital preservation, you might allocate more to bonds and cash equivalents.

Sample Asset Allocations:

1) Aggressive (Higher Risk, Higher Potential Return) Age: 25-45

2) Moderate (Balanced Risk and Return) Age: 45-55

3) Conservative (Lower Risk, Lower Potential Return) Age: 55-75

Long-term (10+ years): Since you have more time to weather market volatility, you may afford to take on greater risk. A larger percentage of stocks and real estate could be suitable.

Medium-term (5-10 years): A balanced approach with a mix of stocks, bonds, and real estate could be appropriate.

Short-term (0-5 years): You may want to prioritise capital preservation and liquidity, so a higher allocation to bonds and cash equivalents is recommended.

Retirement: Your asset allocation should align with your retirement timeline. Generally, younger investors can be more aggressive, while those nearing retirement should be more conservative.

Major Purchases (e.g., buying a home): If you plan to make a major purchase soon, consider a conservative allocation to ensure the funds are available when needed.

Education: When saving for education, consider how long it will take until the money is needed and adjust your budget accordingly.