It can be challenging to know when exactly to invest, how, and what strategies are going to work for your portfolio.
Diversification is an investment strategy that has the potential to be incredibly powerful when used correctly and strategically.
In this episode, Ken Ouellette explains why diversification is so important when it comes to risk mitigation with your investment portfolio. He also reveals how, when not done properly, diversification can result in some devastating consequences.
- What it really means to have a well-diversified portfolio
- How history has proven the effectiveness of diversification
- Strategies to diversify your portfolio
- Getting over the loyalty mindset when holding stocks for certain companies
- And more
Related: The Truth About Inflation