Most investors know the importance of diversification, more colloquially known as not putting all of your eggs in one basket.
Most investors know the importance of diversification, more colloquially known as not putting all of your eggs in one basket. Having a variety of investments has always been considered a sound portfolio practice because it ensures that when one investment declines, you’ve at least got a chance of having something else that gains. But blindly following even a good rule of thumb can do more harm than good.
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