Post
Topic
Board Economics
Re: Diversify Investments
by
joebrook
on 29/09/2018, 16:40:05 UTC
Do not listen to anybody when making a financial decision because each situation is unique. Surely deversification desrease your risk but from another hand you will not be able to earn much enough if your supposition are right. Let us have a look at and another situation if an investor are totally wrong then diversification will not help him too.it's your decision and keep fighting

When you diversify the investments, you almost do not take risks. For instance, you can spend a part of your money to buy the cryptocurrencies. Some of the money will go to buy gold, silver, or even some real estate.

What do you mean you're not taking risks? Diversification manages the risks you take and lets you have a fall back or contingency if one or more investments don't work well.

Diversification means that you are investing all your money into multiple streams or business so that you can have multiple income streams and a sort of protection should one of the business tanks.