Group 1 - The core idea of maintaining a balanced portfolio is to protect wealth during economic and stock market turbulence by offsetting losses in one asset class with gains in another [1] - A perfect balanced portfolio is not one-size-fits-all; it depends on individual factors such as age, income, family situation, and goals [3][4] - General guidelines for asset allocation include a mix of stocks, bonds, cash, and alternative assets to achieve growth, stability, and innovation [4][6] Group 2 - Recommended asset allocation for a moderate-to-aggressive investor with a long-term horizon includes 40%-50% in stocks/funds, 15%-25% in bonds, and 10%-15% in real estate [5][7] - Specific allocations within stocks include 20%-25% in U.S. large cap, 5%-10% in U.S. midcap and small cap, and 5%-7% in emerging markets [5][7] - Cash and savings should comprise 5%-10% of the portfolio for liquidity, with high-yield savings and money market options providing low-risk interest [7]