
Risk Management: Understanding Diversification
Understanding diversification is the first step in building a strong portfolio. Are you ready to weather the storm?
Understanding diversification is the first step in building a strong portfolio. Are you ready to weather the storm?
If you’ve every heard anyone talk about investing, you have probably heard someone mention the need for a diversified portfolio. So, what does that mean? Is diversification really that important? Can’t I just invest in my favorite company? What is diversification? You probably know you aren’t supposed to “put all your eggs in one basket,”…