You like to keep your investment risks at a 70-20-10 proportion (stocks-bonds-cash). After the first year, your

Question:

You like to keep your investment risks at a 70-20-10 proportion (stocks-bonds-cash). After the first year, your $10,000 investment doubled in value to $20,000, with $16,000 in stock, $2,750 in bonds, and $1,250 in cash. How should you allocate your assets to maintain your original goals and rebalance your portfolio to retain the 70-20-10 proportion in investments?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...