Who said diversification was easy? It might just mean embracing the losing investments in your portfolio.
“You are only diversified if some of your investments are performing worse than others. Losing money on even a portion of your portfolio is hard for some people to swallow, so they gravitate toward what is performing well at the moment, often at their own expense.”
Morgan Housel, “16 Rules for Investors to Live By,” The Wall Street Journal, December 8, 2015
Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)
Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
No comments yet.