Why your investment portfolio should be diversified
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Description
Here’s a great basic 101 investment tip. Make sure your portfolio is diversified. Having a diversified portfolio in multiple industries lowers your risk. ETFs are a great way to help diversify your portfolio. Just be careful when picking ETFs they don’t have stocks that could also drag you down. Being too diversified limits your upside potential. Finding the perfect balance of diversity for your investments is key. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app