Tell us how you really feel, Joy Behar!

The “View” co-host, 81, went in on Bill Belichick’s new romance with a woman nearly five decades his junior during Friday’s episode of the talk show.

“This week, the legendary football coach Bill Belichick was seen in public with his new girlfriend, Jordan Hudson,” Behar began the show’s Hot Topics segment.

“Normally, a day out with your new squeeze wouldn’t raise any eyebrows — except for the fact that Belichick is 72, and his girlfriend is 48 years younger.”

Page Six has verified that Hudson is actually 23, not 24.

“You heard that right,” Behar went on. “This girl is hearing wedding bells, but the question is: Can he hear them?”

She joked that when the former New England Patriots head coach asked Hudson how old she was, the brunette beauty “said, ‘This many [while holding up her fingers]!’”

When Sara Haines predicted that Belichick “takes [Hudson] places that she wouldn’t be going on her own,” Behar chimed in, “Not in the bedroom, he’s not! There’s only so much Viagra in the world, OK?”

Behar later asked her co-hosts to not romanticize the relationship, as — in her mind — “it’s about the cash.”

Belichick — who parted ways with the Patriots in January after winning six Super Bowls with the team — has a reported net worth of $70 million.

Meanwhile, Hudson is a cheerleader who attended Bridgewater State University in Massachusetts from 2019 to 2022.

The pair reportedly met on a flight in 2021 while bonding over a philosophy project the then-college student was working on.

Belichick even signed Hudson’s textbook at the time, writing, “Jordon, Thanks for giving me a course in logic! Safe travels!”

They exchanged numbers and, although their relationship was friendly at first, things allegedly turned romantic only after the sports analyst split from his girlfriend of 10 years, Linda Holliday.

However, Belichick and Hudson were first spotted together as early as January 2023, seven months before Page Six broke the news of his awkward breakup with Holliday.

After Belichick and Hudson’s romance first made headlines last week, it was reported that his shirtless walk of shame from November 2023 took place outside her home following a rendezvous.

Earlier this week, the couple enjoyed an afternoon in Nantucket aboard his boat before they engaged in PDA at the exclusive Boarding House club.

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Source: New York Post

Asset Allocation: An Overview

Asset allocation is a crucial strategy in investment management that involves dividing an investment portfolio among different asset categories, such as stocks, bonds, real estate, and cash. The goal is to balance risk and reward by adjusting the proportion of each asset class based on the investor’s risk tolerance, time horizon, and financial goals.

Importance of Asset Allocation

Diversification: Spreading investments across various asset classes reduces the risk of a significant loss. If one asset class performs poorly, others may perform well, balancing the overall returns.

Risk Management: Different asset classes have different levels of risk and return. By allocating assets appropriately, investors can manage the overall risk of their portfolio.

Optimization of Returns: Proper asset allocation aims to maximize returns for a given level of risk.

Key Asset Classes

Stocks (Equities):

Represent ownership in a company.

Potential for high returns but come with higher risk.

Suitable for long-term growth.

Bonds (Fixed Income):

Loans made to a corporation or government in exchange for periodic interest payments and the return of principal at maturity.

Generally lower risk than stocks, providing more stable returns.

Suitable for income generation and preservation of capital.

Real Estate:

Physical property or investments in Real Estate Investment Trusts (REITs).

Provides potential for income through rent and appreciation in value.

Offers diversification benefits due to its lower correlation with stocks and bonds.

Cash and Cash Equivalents:

Includes money market funds, Treasury bills, and other short-term investments.

Lowest risk but also the lowest returns.

Provides liquidity and stability.

Factors Influencing Asset Allocation

Risk Tolerance:

The degree of variability in investment returns an investor is willing to withstand.

Higher risk tolerance generally leads to a higher allocation in stocks.

Time Horizon:

The expected period an investor plans to hold an investment.

Longer time horizons can justify higher allocations to stocks due to their potential for higher long-term returns.

Investment Goals:

Specific financial objectives, such as retirement, buying a house, or funding education.

Goals influence the required return and acceptable risk level.

Market Conditions:

Economic and market trends can impact asset performance.

Tactical adjustments may be made based on current conditions, though the core allocation usually remains aligned with long-term goals.

Strategies for Asset Allocation

Strategic Asset Allocation:

Establishing and adhering to a base asset mix that aligns with the investor’s long-term goals and risk tolerance.

Periodic rebalancing to maintain the target allocation.

Tactical Asset Allocation:

Short-term adjustments to the asset mix based on market conditions or economic outlook.

Aims to capitalize on favorable conditions while managing risk.

Dynamic Asset Allocation:

Continuously adjusting the asset mix in response to changing market conditions.

More flexible but requires active management and frequent monitoring.

Core-Satellite Allocation:

Combining a core portfolio that follows a strategic allocation with smaller, actively managed 

satellite investments.

Allows for potential higher returns from satellite investments while maintaining a stable core.

Rebalancing

Rebalancing involves adjusting the portfolio to return to the target asset allocation. This can be done periodically (e.g., annually) or when asset classes deviate significantly from their target weights. Rebalancing helps maintain the desired risk level and can involve buying or selling assets to restore the original allocation.

Conclusion

Asset allocation is a fundamental aspect of building and managing an investment portfolio. By diversifying investments across different asset classes, investors can manage risk, optimize returns, and align their portfolios with their financial goals. Whether following a strategic or more active approach, understanding and applying asset allocation principles is key to long-term investment success.