What are the Benefits of Diversifying my Investments?

Diversification is one of the cornerstones of traditional investment advice. The most common saying we hear is “never put all your eggs in one basket” and the phrase holds true. Markets go up and down through economic change, business cycles, and a wide variety of factors which can change investment outcomes. Managing these peaks and valleys is the primary goal of an investment plan. The best possible defense against risks in any investment strategy is diverse and well-balanced financial planning. 

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