I’ve talked about this before, but I really can’t stress enough how important diversification is when you’re playing the investment game.
To put it bluntly, if you put all your eggs in one basket, they’re all done for if the basket breaks.
If you spread your eggs out across multiple baskets, most of them are safe in the event that just one goes south.
This analogy’s the heart of what diversification means. Truth be told, if you’re not diversified and your portfolio flops, you may not have time to recover. Your retirement may suffer.
Check out this quick video I made you that talks about it:
If you’d like to chat with me about your portfolio and make sure that you’re not taking on more risk than you can handle, just book a free appointment online or call my office (513-563-PLAN (7526)).