diversification
We are at the start of another New Year and it is the time when we reflect on our lives and look forward to making better choices. We set personal and professional goals such as, to save more, develop a healthier lifestyle, launch your business or learn a new language. Many times, we may start up, “hot and sweaty”, and never fully complete our goals but, we all know that setting SMART (Specific, Measurable, Attainable, Realistic and Time bound) goals […]
We have all heard of the term ‘Don’t put all your eggs in one basket’ and generally, this saying can be applied to many situations. In investing, it is no different. In fact, not putting all your eggs in one basket, also known as diversification, is the best strategy to reduce the total amount of risk any individual is exposed to. As an investor holds multiple assets, often across multiple categories, the investment risk is minimized by removing […]