There are multiples ways of allocating your assets. One of the old methods is to subtract your current age by 110 and distribute your savings in percentages between equities and fixed assets. For example, if you are age 45, 65% (110 – 45) must go to equities, while 35% to the fixed assets.
An alternative method is the risk tolerance quiz. It is essentially a set of ten quizzes asking different questions on different areas and complexity. On completion, you submit the answer, and the system presents an allocation strategy based on your responses. Generally, none of these options is a silver bullet to your investment allocation dilemma. Therefore, you should invest your time and energy in understanding your individual investment needs.