An asset allocation of 95% stocks and 5% bonds is considered risk.

An asset allocation of 95% stocks and 5% bonds is considered Aggressive high risk.
Aggressive high risk refers to the type of investment that aimed to obtain as much profit as possible while risking the loss of a huge chunk of investment at the same time. We could see this by seeing 95 % of stocks allocation. Stocks are considered a high-risk high return type of investment because the stocks' prices are really volatile and really sensitive to the market's condition.

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