Diving Into Diversification
Manage episode 346823404 series 3337268
So, you guys have heard me say this numerous times now by this point, but that’s okay because it’s the simplest way to explain diversification; Don’t put all your eggs in one basket. If you have eggs in multiple baskets, you won’t break all of them. To explain it in a more formal way, it’s the process of allocating your portfolio’s investments in such a way that reduces your exposure to different kinds of risk.
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