Financial Diversification is the Key To Growth and Managing Risk
This blog is my introductory blog on why financial diversification is the key to managing risk and growing wealth. What is Diversification? Diversification is investing across multiple assets to reduce exposure to any one particular asset. Generally, if one asset class goes down, there are usually other asset classes that go up. Most Americans generally invest in equity markets (Stocks) and fixed income (Bonds) as part of saving for retirement or…